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By Usman on 7/25/2013 5:31 AM
Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that it has been working on a new product called "Human Power." Project Human Power is a new mobile power device. The product is not directly in line with Epazz's core business. Therefore, management believes it is a great opportunity to be the second Epazz spin-off. The company is using the Project Flex spin-off as a learning experience on how to spin-off companies. Project Human Power spin-off will occur after Project Flex.
By Usman on 7/23/2013 6:34 AM
Project Flex Spin-Off Share Price to Be Above $0.01

Epazz, Inc. announces that the record date for Project Flex will be September 15, 2013.

In order to receive the stock dividend, shareholders need to have the shares settled three days prior to the record date. Only shareholders of record date will receive the dividend. The spin-off of Project Flex will be priced above $0.01 per share. For each 10 shares of EPAZ common stock that a shareholder owns, the shareholder will receive 1 share of stock in the new Project Flex spin-off.
By Usman on 7/18/2013 6:17 AM
The Record Date Will Be Set in the Future; Epazz Approves for 1-10 Stock Dividend for Project Flex

Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions that the Company has approved a 1-10 stock dividend for shareholders of EPAZ. The spin-off of Project Flex will be above $0.01 per share. For each 10 shares of EPAZ common stock that a shareholder owns, the shareholder will receive 1 share of stock in the new Project Flex spinoff.
By Usman on 7/16/2013 7:29 AM
Epazz Reports 33 Percent Increase in Assets for 2012; Critical for Listing on a Senior Stock Exchange

Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced today that the Company is effectively transitioning to a holding company. The key concept with the holding company is that businesses are acquired, developed and spun off with a dividend being paid to shareholders. At this time, Epazz, Inc. has multiple spin-offs and stock dividends in the process of being brought to completion. Upcoming announcements will detail the first spin-off and will name the second spin-off.
By Usman on 7/11/2013 6:30 AM
No reverse stock split needed at this point due to low public float

Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced today that for the year ended December 31, 2012 we had assets of $1,378,030 compared to assets of $1,035,222 for the year ended December 31, 2011, an increase of $342,808 or 33% from the prior period. As the company acquires another software company are assets will grow. This is an important qualification to be listed on a stock exchange.
By Usman on 7/10/2013 6:30 AM
Project Flex Spin Off Stock Dividend Will Not Be Affected by Convertible Notes

Epazz, Inc(OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced today that the convertible notes in October 2012 through December 2012 have been concluded. Epazz, Inc. has not entered into any convertible notes with the note holder. The note holder does not have any notes or shares with Epazz, Inc. Our public float remains less than 11% of the total outstanding shares, which compared to similar OTCQB companies is relevantly low.


Cooling Technology Solutions, Inc. (Project Flex) planned spinoff will not be affected by the convertible notes.

By Usman on 7/9/2013 7:02 AM
Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced today that the Company would like to take a moment to let our shareholder base know that they are aware of their frustrations with the performance of the stock over the last few months. Even more disturbing is the trend that there is data that leads to the possibility that over 20 million shares have been shorted in the month of July alone. We would like our shareholders to know that even though the market recently has not reflected the progress the company has made, the Company is expecting continued record breaking achievements for 2013. 

 

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