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EPIC Announces That Its Monetary System is a Disruptive Cryptocurrency; Company Gives Updates on Objectives and Stock DividendEPIC Corporation (OTC PINK: EPOR) ("EPIC" or "Company") and Ronald S. Tucker announced, "The EPIC Monetary System ('EMS') is a disruptive cryptocurrency, the updating of the short-term and long-term objectives, and the completion of the exchange offer and stock dividend to preferred shareholders." EPIC Monetary System The EMS is a disruptive cryptocurrency. EMS is the first cryptocurrency to be combined with American Eagle silver or gold coins to create EPIC Digital Dollars ("EDD"). The value of an EDD will be stable, a hedge against currency depreciation, and is easy to transfer. The difference between EDD and other cryptocurrencies is that EDDs have an inherent value created with the combination of the EPIC crypto and American Eagle silver and gold coins. The value of an EDD is the conversion of the purchaser's purchase price of an American Eagle silver or gold coin into EDDs. Update of Short-Term Objectives EPIC, in the short term, has completed or anticipates completing the following four phases: Phase I
Phase III
Phase IV
Longer-Term Objectives Phase V
Phase VI
Exchange Offer & Stock Dividend On March 29, 2019, the exchange offer of one share of common stock for one share of EPIC Series A 5% Convertible Preferred was completed; and on April 5, 2019, the stock dividend to Series A 5% Convertible Preferred shareholders was paid. As of April 12, 2019, the preferred stock should appear on the preferred stockholders' brokerage accounts. About EPIC EPIC's methodology creates an effective and usable digital currency, with an intrinsic value, which is valued as EPIC Digital Dollars. View source version on businesswire.com: https://www.businesswire.com/news/home/20190415005217/en/ |