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EPIC Provides Rare Opportunity for Shareholders to Derive a 50% Discounted Price per Share on Tradable Shares

AUSTIN, TX -- (Marketwired) -- 04/08/14 -- EPIC Corporation (PINKSHEETS: EPOR) ("EPIC") and Ronald S. Tucker, EPIC's president, announced, "EPIC's Exchange Offer provides penny stock investors, those who are not day traders, with a rare opportunity. EPIC developed this sophisticated Exchange Offer to justify its management's belief that its stock is undervalued by as much as 1165% at the current price level. It is also to provide investors, who purchase its shares at current or higher market prices, an opportunity to derive tradable shares at a discounted price per share of 50% or more.

"Warren Buffett's stated investment philosophy is to first look at the facts of the business, second determine the enterprise or intrinsic value of the business, then look at the market price and if the market price is lower than the enterprise or intrinsic value start buying the stock with the idea that you are buying the business," said Mr. Tucker.

"The problem is most penny stock investors do not invest in penny stocks based on facts supporting an enterprise or intrinsic value. They invest in penny stock companies whose business is selling stock through hype and promotion with little or no substance to support an enterprise or intrinsic value greater than the market price of their stock," stated Mr. Tucker. "This results, at best, in a parabolic rise in price and a precipitous drop in price. In these cases the ones that make the money are parties that received and deposited free shares into the float and sell the shares at any price; or others that purchase shares outside of the market at abnormal discounts per share, deposit and sell the shares at market on the way up and/or down."

"EPIC is different from 99% of the other non-reporting penny stock companies, as well as many reporting penny stock companies. Management has been working to demonstrate that EPIC is a rare non-reporting penny stock company. Rare because our primary motivation, based on facts, is to build capital for EPIC and thereby capital growth for its shareholders," further stated Mr. Tucker. "To build capital growth in a penny stock a shareholder cannot merely purchase and hold shares. Shareholders must be protected from unwarranted dilution, be provided an opportunity to realize capital growth, and realize a return on investment without selling off their investment."

EPIC's management has developed the Exchange Offer to provide its market investors with an incentive and the ability to derive discounts of 50% or more per share from the present market price per share up to over $0.90 per share.

The table below sets forth several assumed market prices per share and indicates the discounted value for shares exchanged at the same market price. The table shows that an investor is able to pay a higher market price per share and still derive a significant discount per share.

   Price Per      Price Per      Converted      Price Per    % of Discount
     Share        Preferred    Common Share     Converted      per share
                    Share                         Share
     0.20           0.30           3.333          0.09            55%
     0.50           0.75           3.333          0.225           55%
     0.80           1.20           3.333          0.36            55%
     0.90           1.35           3.175          0.425          52.8%
     1.00           1.50           2.86           0.524          47.6%
     1,50           2.25           1.905          1.181          21.3%

Investors who purchase shares at a lower market price per share will be able to recover their investment faster than those which pay a high price. However, even those who do pay a higher price per share will be able to derive a significant discounted price per share. The amount of discount depends on the market price when the common is exchanged.

The Preferred Stock that is received by the shareholder's broker/dealer is not restricted because the common stock was acquired in the market; and the common stock received as a quarterly stock dividend and the converted common stock will be paid and delivered to the shareholder's brokerage account and are not restricted. The common stock from the stock dividend and the conversion can be sold on receipt and need not be cleared by the broker/dealer's clearing agent.

"AcuFAB, an Industrial and Medical textile, is now a registered patent. This fact supports management's belief that EPIC's enterprise value is $28 Million or more and its per share intrinsic value is $2.33 per share; based on approximately 12,000,000 shares of common currently issued and outstanding," further stated Mr. Tucker. "Management believes that at this time it is not unreasonable to believe that a market price of $1.50 per share would be fair and makes the current market price undervalued by 750%."

Investors can find more facts which support management's belief in an enterprise or intrinsic value of $2.33 per share in EPIC's Press Release dated March 25, 2014 by clicking the following link

Management estimates that by the end of April 2014, the float will be approximately 5 million shares of common stock. It further estimates that by the end of June 2014, approximately 1 to 1.5 million shares purchased in the market since December 31, 2013, will be exchanged for preferred stock and that between 2 to 2.5 million shares held by existing shareholders as of December 31, 2013, will be exchanged for a total of 3 to 4 million shares. It further believes that after the Exchange Offer the float will be 1 to 2 million shares of common stock and that 90 days after June 30, 2014, the maximum converted shares of common stock to be converted is approximately 1 to 1.25 million, if all were converted at one time. Management, however, believes that the 1 to 1.5 million shares will be converted gradually over a longer time period.

It is management's suggestion that shareholders interested in exchanging their common shares for preferred shares do so for about 2/3 of their acquired shares and sell the non-exchanged shares in the market to return all or a portion of their investment in EPIC's stock.

It is management's opinion that shareholders with non exchanged shares in the float will want to maintain an orderly market and will want the market price to rise, due to a desire to recover as much of their investment as possible.

If investors or shareholders have any questions send an email to [email protected] or call 904-282-3093.

About EPIC

EPIC is a private special purpose financial services company with a focus on healthcare and medical products and service companies. Visit for corporate information and for investor and financial information.

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Gregory Stachacz
Director of IR
Email: Email Contact
Telephone: 904-282-3093

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