|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.2700 - 0.2700|
|52 Week Range||0.0200 - 0.8000|
|Beta (3Y Monthly)||-10.64|
|PE Ratio (TTM)||0.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
EPIC’s principal objective is to develop a digital currency (cryptocurrency) that can be used in commercial and financial transactions and which can be bought and sold in our cryptocurrency exchange.
AUSTIN, Texas, Oct. 10, 2018 -- EPIC Corporation (OTC PINK: EPOR) (“EPIC" or “Company”) and Ronald S. Tucker announced “Next week EPIC will make an important announcement about.
The directors declared a stock dividend to pay the quarterly dividends for the third and fourth quarters of 2017, ending on September 30, 2017, and the four quarters ending September 30, 2018, with the Company’s common stock to the shareholders of the Company’s Series A 5% Convertible Preferred Stock as of record on October 22, 2018, which is to be paid October 25, 2018, and the shares to be issued are to be equal to a total of 24% of the Preferred Shares owned by the Preferred Shareholders, and fractional shares are to be rounded up.
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