posted
Thank you for your recent correspondence and continued support as a valued shareholder. Hopefully, we can sufficiently address your questions or point you to the correct information.
The Company's plan to create long-term value for its shareholders is to continue to transition its business focus from traditional local exchange services to Voice over Internet Protocol (VoIP). Management believes the VoIP market represents greater growth potential and offers higher product margins than current local exchange services.
Epicus Communications recently announced a new suite of attractively priced VoIP products for small businesses and residential customers. New financing has positioned the Company to build market awareness for its products. Please see corporate press releases here.
Financially, Epicus Communications seeks to continue to reduce operating costs. No guarantee of future performance - cost control initiatives have resulted in four consecutive quarters of operating and net loss reductions.
While revenues have been declining due to the above referenced business migration to VoIP, gross margins have been improving. No guarantee of future performance - gross margins during the third quarter of 2007 increased 48% over the second quarter of 2007.
Additionally, management has discontinued service to unprofitable customers and service areas. Also, management more stringently evaluates the creditworthiness of prospective customers and terminates relationships with customers that are less than responsible in fulfilling their payment obligations.
Information, with respect to financials and investments risks, is available at the Securities & Exchange Commission's website at www.sec.gov. Additional information is available on the corporate website at www.ecg-us.com.
One billion shares of common stock were authorized for issuance by majority shareholder consent in October 2006. As of April 17, 2007, 35,861,280 common shares are issued and outstanding.
Additional capitalization information is provided in Epicus Communications' periodic reports. Third party resources also exist and maintain responsibility for their content. One such source is Yahoo! Finance.
No stock options, stock appreciation rights or other compensation were granted to corporate officers or directors during Fiscal 2007, 2006 and Fiscal 2005.
Stock purchase warrants have been issued to institutional lenders. Information is provided in Current Reports on Form 8-K.
Epicus Communications Group, Inc. is committed to providing investors with the highest level of shareholder service. If you have questions, please contact me, Monday-Friday, between 9:00 AM-5:30 PM EST, at 888-746-5440.
posted
All information and chat room talk lead me to believe this will make a big run to about 0.0015 and drop back to 0.007 waiting on news of profitability. Then look out, Penny Land Plus!
Posts: 35 | From: Pennsylvania | Registered: Sep 2006
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posted
Touched .0012 for a minute there, now a little shake, but buying continues at the ask, let's see it really breakout!
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
I think you did good at .0007, take profits when you feel comfortable. They are trying to shake it now, but I think it goes higher this week. Although, I have been wrong before.
Trust your gut, you'll do fine...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
What's the deal here? I.e., what makes you think this will go up, skip? The insider buys is a few thousand dollars total, and he only holds $10,000 worth of the stock. Not what I'd call a very large position. Just trying to find out what more I should be looking at.
Thanks.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Just been playing this one for a while, and it's cheap down here. They have decent financials, o/s is around 100mil, market cap is around $90k. So, his $10k holding, while in $$$'s is not that much, it is fairly significant considering the o/s and low market cap.
Other than that, it's just a good play from these levels, IMO.
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
Hmmm. I'll have to check into that O/S number. If it's true, I see what you're saying. Seems likely that that's understated though.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Well, I just read through the 10-Q from the spring and it lists an A/S of 100million. So it seems like the O/S can't be more than 100MIl unless they increased it in the mean time, and I don't see any filings for it. Interestingly, they have issued some convertible notes for ove $500,000 in cash, and so if those are converted at a 65% discount to share price, as specified, it seems like those, by themselves, would equate to many multiples of the A/S number.
Don't thikn they can legally do that, so I'll keep digging a bit. An interesting one so far though, I think.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Okay, just shot an e-mail off to them, I'll let you know if I get a response.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Well, I just read through the 10-Q from the spring and it lists an A/S of 100million. So it seems like the O/S can't be more than 100MIl unless they increased it in the mean time, and I don't see any filings for it. Interestingly, they have issued some convertible notes for ove $500,000 in cash, and so if those are converted at a 65% discount to share price, as specified, it seems like those, by themselves, would equate to many multiples of the A/S number.
Don't thikn they can legally do that, so I'll keep digging a bit. An interesting one so far though, I think.
In my most recent communucation with the T/A the A/S was 1 Billion and the o/s was ridiculously low- 69 million I think. That was about March 2007. You have to fax the T/A and request the information in writing.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
bilgert, confirmed in e-mail from the CEO that the A/S is 1billion, not 100million. Said there was a typo in the filing I looked at. Followed up to ask him if the debentures are convertable right away or if there's some set holding period. If they have to hold for a year or more, could be a good entry, but if no limit, they could just start converting and dilute this down to virtually nothing.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
The Company's plan to create long-term value for its shareholders is to continue to transition its business focus from traditional local exchange services to Voice over Internet Protocol (VoIP). Management believes the VoIP market represents greater growth potential and offers higher product margins than current local exchange services.
As mentioned, Epicus Communications recently announced a new suite of attractively priced VoIP products for small businesses and residential customers. Please see corporate press releases here.
Information, with respect to financials and investments risks, is available at the Securities & Exchange Commission's website at www.sec.gov. Additional information is available on the corporate website at www.ecg-us.com.
We do not comment on upcoming news prior to its release (e.g. newswire or form filing submissions) as a general policy in order to give shareholders equal access to information per requirements under Regulation Fair Disclosure.
Since you were added you to our news update list, you should receive all news updates from the Company in the future.
Epicus Communications Group, Inc. is committed to providing investors with the highest level of shareholder service. If you have questions, please contact me, Monday-Friday, between 9:00 AM-5:30 PM EST, at 888-746-5440.
posted
Aug 13, 2007 (M2 PRESSWIRE via COMTEX) -- ********** Epicus Communications Group Inc. New (OTCBB: EPCG) operates as a competitive local exchange carrier in the United States. It offers an integrated set of telecommunications products and services, including local exchange, local access, domestic and international long distance telephone, data, and dial up access to the Internet to small businesses and residential consumers. As of July 31, 2006, it had approximately 19,000 accounts, incorporating approximately 20,971 lines. The company was incorporated in 1985 under the name Hydrobac, Inc. and changed its name to Epicus Communications Group, Inc. in 2003. Epicus Communications is based in West Palm Beach, Florida. With 35.86 million shares outstanding and 187,200 shares declared short as of July 2007, there is a failure to deliver in shares of EPCG.
Posts: 35 | From: Pennsylvania | Registered: Sep 2006
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posted
will, I think thta O/S number is from the filing in April or whenever. I don't think it's current.
Still low though. I'll post when i hear back about the convertable debentures.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
CEO just replied and said the debentures are convertable at any time. Could be the reason for the steady price decline. I'll keep an eye on it, but not worth buying yet, IMO.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
May not be one to invest in, but it sure is a nice flipper. .0004 to .0012 in the last couple trading sessions. I have flipped it about 8 times in the last 8 months, it's been pretty good to me. It's downfall has been the CD's, but that's also what makes it bounce like it does. I still think it will see higher levels at some point...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
Finished at .0004 today, this could definitely be a good lotto play. Could go to nothing, too, lol...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
Finished at .0006 today. Up 100% from my lotto play suggestion. Let's see where it goes...
Posts: 2741 | From: Seattle | Registered: Feb 2005
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