EPIC Forms EPICex, Launches Revised Website, Establishes a New Stock, and Transfers Its Original Financial Services Business
AUSTIN, Texas, Nov. 13, 2018 (GLOBE NEWSWIRE) -- EPIC Corporation (OTC PINK: EPOR) (“EPIC” or “Company”) and Ronald S. Tucker announced “EPIC has filed Articles of Organization for EPICex, LLC, EPIC’s EPICcoin exchange; EPIC’s website epiccor.com has been reorganized to reflect its principal objective; EPIC has filed Amended Articles of Incorporation establishing a new Series A-1 10% Convertible Preferred Stock (“Preferred Stock”); and EPIC has transferred it Financial Services Business to its subsidiary RX Healthcare Systems, Ltd., in exchange for 3,000,000 restricted shares of RX Healthcare’s common stock.”
EPIC’s Principal Objective
EPIC’s principal objective is to develop its digital currency (“EPICcoin”) that can be used in commercial and financial transactions and that can be bought and sold in our cryptocurrency exchange (“EPICex”).
EPICcoin is to represent a specific interest in a daily quoted commodity that can be used in commercial and financial transactions and bought and sold in EPICex.
The website provides among other things:
1. EPIC’s mission is to develop EPICcoin for use in financial transactions through EPIC subsidiaries and acquisitions.
2. EPIC wants to hear from you so it can address your concerns and interests to better serve its shareholders, future investors, and potential customers.
3. EPICcoin must meet a minimum prerequisite of maintaining a relatively stable price to be used in financial and commercial transactions.
4. EPICcoin will be pegged to a daily quoted commodity to establish a stable but variable price.
Series A-1 10% Convertible Preferred Stock
The Series A-1 10% Convertible Preferred Stock provides for a cash or stock dividend in EPIC common stock and provides that one share of the Preferred Stock can be converted into two shares of EPIC common stock. A stock dividend will be paid quarterly in common stock base on 10% of the issued and outstanding shares of Preferred Stock on the record date.
EPIC to raise capital is considering conducting a Rule 506(c) offering for the Preferred Stock and is considering an offer to exchange one share of the Preferred Stock for one share of its common stock by shareholders in street name to reduce the number of shares in the float after the redemption of the Series A 5% Convertible Preferred Stock.
EPIC is a crypto company.
CONTACT: Scott McIntosh Email: firstname.lastname@example.org Telephone: 949-228-2352