EPOR – EPIC Is Pro-Shareholder, and EPIC Changes Exchange Rate From 3 1/2 to 3 Shares for 1 Share of EPIC’s Cumulative Convertible Preferred Stock

AUSTIN, TX, Nov 21, 2013 (Marketwired via COMTEX) — EPIC Corporation (PINKSHEETS: EPOR) (”EPIC”), and Ronald S. Tucker, EPIC’s president, announced, “EPIC’s in progress reorganization and structure and financial restructuring is shareholder motivated. EPIC’s motivation is to demonstrate the company’s true value to investors, which management believes to be $1.70 at the low end and $2.86 per share on the high end based on shares outstanding of 10,669,294. In furtherance of EPIC’s efforts to attract new investors to a significantly undervalued stock, EPIC has changed its previously announcement exchange offer to shareholders from 3 1/2 shares to 3 shares of its common stock for 1 share of EPIC’s $1 face value Series A 5% Cumulative Convertible Preferred Stock.”

http://www.publicwire.com/2013/11/22/epor-epic-is-pro-shareholder-and-epic-changes-exchange-rate-from-3-12-to-3-shares-for-1-share-of-epics-cumulative-convertible-preferred-stock/