|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0500 - 0.1400|
|52 Week Range||0.0200 - 4.8900|
|Beta (3Y Monthly)||-5.74|
|PE Ratio (TTM)||0.10|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ronald Tucker is the President of both EPIC and Tensleep Financial Corporation (“Tensleep”) (EPIC being a subsidiary of Tensleep). Mr. Tucker, as the President of both companies, has enlarged the original concept for creating a cryptocurrency into a Virtual Monetary System that pairs a crypto with precious metals to create EPIC Digital Dollars (“EDDs”). The EPIC Monetary System to succeed must have substantial capital to purchase precious metals and to advertise and attend trade shows.
The Board of Directors believes that in order for EPIC to raise the capital required to finance the establishment of the EPIC Monetary System it is necessary for EPIC to become a private company whose common stock is traded by shareholders and potential shareholders, but not as a typical penny stock non-reporting public company. To accomplish this transition, the Board believes it is necessary to effect a reverse stock split resulting in 1 share of common stock for 40 shares of common stock issued and outstanding on July 8, 2019.
EPIC Corporation (OTC PINK: EPOR) (“EPIC" or “Company”) and Ronald S. Tucker announced that, “EPIC is a special private non-reporting public trading company, and the Board of Directors has authorized its fourth voluntary exchange to shareholders of common stock, held in street name, for shares of EPIC’s Series A 5% Convertible Preferred Stock on a basis of one share of common stock for one share of Preferred Stock. EPIC is a special private non-reporting trading company in part due to the difficulty for minor and major shareholders of record to deposit shares of EPIC stock with broker/dealers.
EPIC Corporation and Ronald S. Tucker announced, “The EPIC Monetary System is a disruptive cryptocurrency, the updating of the short-
EPIC Corporation (OTC PINK: EPOR) (“EPIC" or “Company”) and Ronald S. Tucker announced that “EPIC is a non-typical cryptocurrency company whose monetary units have an intrinsic value. The EPIC Monetary System is a non-typical cryptocurrency because its monetary unit has an intrinsic value.
EPIC Corporation (OTC PINK: EPOR) (“EPIC” or “Company”) and Ronald S. Tucker announced: “James G. Xilas resigned as an officer and director of EPIC on February 26, 2019. Mr. Xilas presented an ideal to the President of EPIC and provided the financing for EPIC to become a financial holding company consisting of a company that would develop a cryptocurrency backed by gold or silver, a licensed broker dealer, and a licensed investment advisor.
EPIC has been developing software for the sale of the EPIC Silver Coin, the delivery system of the silver coin, and the integration with the EPICcoin.Net Association members software that establishes the purchaser as a member of the association and converts the EPIC Silver Coin into EPICcoins™. It and its subsidiaries have developed a methodology that creates a usable digital currency that will enable consumers to purchase basic products and services from standard retail and wholesale companies, including its subsidiaries. Digital currencies must have and maintain a relatively stable price to be used in financial and commercial transactions.
Recently it was reported that investors in Canada’s largest Cryptocurrency Exchange were unable to access their funds in the exchange after the exchange’s founder died. EPIC will not be using blockchain technology for its digital currency software. Its holders of digital currency will become part of the EPICcoin.Net community and will have access to their accounts 24/7 through a universal but private software.
Previously, on January 14, 2019, EPIC announced that it would commence selling EPIC Silver Coins on January 31, 2019. On October 15, 2018, EPIC Corporation announced that it is entering the cryptocurrency world with the development of a digital currency (“EPICcoin”) that could be used in commercial and financial transactions and could be bought and sold in EPIC’s EPICcoin Exchange. The digital currency must represent a precious metal that has a variable but stable value.
The Company has extended the exchange offer to March 29, 2019, in order to allow new purchasers of its common stock to acquire shares of common stock for the exchange. From this date to March 29, 2019, the present Preferred Shareholders will not be permitted to exchange their shares of Preferred Stock to common stock.
AUSTIN, Texas, Dec. 17, 2018 -- EPIC Corporation (OTC PINK: EPOR) (“EPIC" or “Company”) and Ronald S. Tucker announced that the Board of Directors has cancelled the forced.
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.
EPIC is in the process of reorganizing its business and finds it necessary to deal with the conversion provision of the Preferred Stock. The Preferred Stock’s conversion provision provides a formula with the determination of a VWAP price based on a stable and active trading market of EPIC’s common stock. There has never been and there may never have been a stable and active trading market in the Company’s common stock from which the Company can determine an effective VWAP price to calculate the number of common shares that each share of Preferred stock can be converted into. The conversion provision is unworkable, and no market has ever been made in the Preferred Stock and it has no market value.