EPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its Intrinsic Characteristics
January 15 2014 - 10:40AM
Marketwired
EPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its
Intrinsic Characteristics
AUSTIN, TX--(Marketwired - Jan 15, 2014) - EPIC Corporation
(PINKSHEETS: EPOR) ("EPIC"), and Ronald S. Tucker, EPIC's
president, announced "EPIC has significant intrinsic value due to
its proprietary AcuFAB® acupressure spacer fabric and the products
that can be made from it for worldwide consumer and healthcare
market segments. AcuFAB® provides EPIC with significant intrinsic
value because it does what it is designed to do -- provide greater
ventilation and circulation when you need it."
Charlie Munger has stated that to investment in a company
understand its "intrinsic characteristics" that "give it an
advantage" with a "price that makes sense"; and Warren Buffett has
said "first determine the value and then look at the price."
EPIC's and RX Healthcare Systems, Ltd., EPIC's majority owned
subsidiary, "intrinsic characteristics" include: no capital
requirement for machinery or equipment in the production of AcuFAB®
or the products made from it; a major textile mill that can produce
large quantities of AcuFAB®; a FDA approved contract manufacturer
that can scale the production of AcuFAB® products at a fixed price
per unit; an abundant supply of polyester fibers from many
producers; a single fixed cost for the fabric used in the
production of all AcuFAB® products; no direct labor costs, indirect
factory burden or fulfillment costs; low overhead costs; two years
of providing samples of AcuFAB® products to consumers, healthcare
professionals, and healthcare institutions for their evaluation;
and testimonials from users of the products.
For testimonials of consumers and healthcare professionals
please visit www.epiccor.us.
About EPIC
EPIC is a private financial services company with an exit
strategy. Its business is providing corporate, business and
financial development services for subsidiaries and joint ventures
with independent healthcare product companies with the objective to
create capital growth and establish an exit strategy for their
investors.
EPIC is a shareholder orientated financial services company and
its value is determined by two factors -- return of capital to
investors and capital growth.
EPIC provides a return of investment through dividend
distributions in stock, EPIC stock and stock of subsidiaries and
joint ventures, and cash, when available. EPIC has a history of
declaring and paying stock dividends. Its most recent stock
dividend was 100% of its own stock in 2012. At the same time it
also gave a dividend of its AcuFAB® pressure overlay sleep pad.
EPIC creates capital growth through the increase in the
intrinsic value of intangible assets and capital gains from the
sale of all or parts capital stock of its subsidiaries and joint
ventures.
Porter Stansberry wrote, "[When] a business reaches a certain
level of capital efficiency, the shares will soar over the long
run... The incredible thing is... no matter how big or small the
company is -- its shares almost always soar over the long
term."
EPIC management believes EPIC's stock is positioned to soar.
To download EPIC's Statement of Information click the following
link:
https://dl.dropboxusercontent.com/u/71480488/Company%20and%20Product%20Info/2013%20Statement%20of%20Information%2012312013.pdf
To download EPIC's Annual Financial Statement click the
following link:
https://dl.dropboxusercontent.com/u/71480488/Company%20and%20Product%20Info/Financial%20Statements%209-30-2013.pdf
Visit www.epiccor.com for corporate information and
http://www.otcmarkets.com/stock/EPOR/quote for investor and
financial information.
CONTACT: Gregg Stachacz PR Director Email: Email Contact
Telephone: 904-477-8865
Epic (CE) (USOTC:EPOR)
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