SureTrader SureTrader
Home > Boards > US OTC > Computers - Software >

Epazz Inc. (EPAZ)

EPAZ RSS Feed
Add EPAZ Price Alert      Hide Sticky   Hide Intro
Moderator: surfkast
Search This Board:
Last Post: 11/30/2016 9:21:02 AM - Followers: 248 - Board type: Free - Posts Today: 0
Welcome to the EPAZ Board
 

Epazz, Inc.

 
Common StockSEC Reporting - Curren

Primary Website - http://epazz.com




Subsidiary - AutoHire - http://autohiresoftware.com



Subsidiary - K9 Bytes - 
http://www.k9kloud.com




Financial Reporting and Security Detailshttp://www.otcmarkets.com/stock/EPAZ/profile




Press Releaseshttp://finance.yahoo.com/q?s=EPAZ





Facebook Pagehttps://www.facebook.com/epazzinvest



Twitter Pagehttps://twitter.com/epazz



 The Company has 9 billion

authorized shares of $0.01 par

value Class A Common Stock.
 

http://www.sec.gov/Archives/edgar/data/1335239/000101968715003162/epazz_10q-063015.htm
Daily Chart



Weekly Chart













INSIDER CONVERSION HISTORY 

Changes in Stockholders’ Equity, Related Parties 

Shares of Convertible Series C Preferred Stock 
On January 17, 2014, the Company issued 600,000,000 shares of the recently designated Series C Convertible Preferred Stock to the Company’s CEO in exchange for 48 shares of his previously issued Class A Common Stock. The total fair value of the Series C Convertible Preferred Stock was $568,283 based on an independent valuation on the date of grant; therefore the Company recognized additional compensation expense of $345,427 due to the difference in the fair value of the Class A Common Stock exchanged. 

On February 7, 2014, the Company issued 2,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost in consideration for a $26,000 short term promissory note. The total fair value of the common stock was $2,385 based on an independent valuation on the date of grant. 

On February 21, 2014, the Company issued 15,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost in consideration for a $75,000 short term promissory note. The total fair value of the common stock was $9,562 based on an independent valuation on the date of grant. 

On February 22, 2014, the Company issued 15,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost in consideration for a $100,000 short term promissory note. The total fair value of the common stock was $14,266 based on an independent valuation on the date of grant. 

On March 7, 2014, the Company issued 3,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost in consideration for a $30,000 short term promissory note. The total fair value of the common stock was $2,912 based on an independent valuation on the date of grant. 

On March 22, 2014, the Company issued 200,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, for providing a personal guaranty on an acquisition loan. The total fair value of the common stock was $127,746 based on an independent valuation on the date of grant. 

On March 22, 2014, the Company issued 200,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, for providing a personal guaranty on an acquisition loan. The total fair value of the common stock was $127,746 based on an independent valuation on the date of grant. 

On March 22, 2014, the Company issued 1,821,052,632 shares of the Series C Convertible Preferred Stock to the Company’s CEO in exchange for 145.68 Class A Common shares, consisting of 138.44 previously issued and unvested shares of Class A Common Stock and 7.24 shares of his previously issued and vested Class A Common Stock. The vesting terms were accelerated commensurate with the exchange. The total fair value of the Series C Convertible Preferred Stock was $1,163,162 based on an independent valuation on the date of grant; therefore the Company recognized additional compensation expense of $707,025 due to the difference in the fair value of the Class A Common Stock exchanged. 

On March 22, 2014, the Company issued 13,669,568 shares of the Series C Convertible Preferred Stock to L&F Lawn Services, a company owned by our CEO’s family member, a related party, in exchange for 1.09 of their previously issued Class A Common Stock. The total fair value of the Series C Convertible Preferred Stock was $8,731 based on an independent valuation on the date of grant; therefore the Company recognized additional compensation expense of $5,370 due to the difference in the fair value of the Class A Common Stock exchanged. 

On March 22, 2014, the Company issued 60,000,000 shares of the Series C Convertible Preferred Stock to the Company’s CEO in exchange for 60,000,000 shares, consisting of 4.32 previously issued and unvested shares of Class A Common Stock and 0.48 shares of his previously issued and vested Class A Common Stock. The vesting terms were accelerated commensurate with the exchange. The total fair value of the Series C Convertible Preferred Stock was $38,324 based on an independent valuation on the date of grant; therefore the Company recognized additional compensation expense of $23,295 due to the difference in the fair value of the Class A Common Stock exchanged. 

On April 23, 2014, the Company granted 0.28 shares of Class A Common Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost in consideration for a $35,000 short term promissory note. The total fair value of the common stock was $1,050 based on the closing price of the Company’s common stock on the date of grant. The shares were subsequently issued on August 29, 2014. 

On April 24, 2014, the Company granted 0.80 shares of Class A Common Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost in consideration for a $150,000 short term promissory note. The total fair value of the common stock was $3,000 based on the closing price of the Company’s common stock on the date of grant. The shares were subsequently issued on August 29, 2014. 

18


EPAZZ, INC. 
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 
(UNAUDITED) 

On May 7, 2014, the Company granted 0.80 shares of Class A Common Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost in consideration for a $125,000 short term promissory note. The total fair value of the common stock was $2,000 based on the closing price of the Company’s common stock on the date of grant. The shares were subsequently issued on August 29, 2014. 

On May 28, 2014, the Company granted 0.26 shares of Class A Common Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost in consideration for a $32,500 short term promissory note. The total fair value of the common stock was $650 based on the closing price of the Company’s common stock on the date of grant. The shares were subsequently issued on August 29, 2014. 

On June 12, 2014, the Company granted 0.17 shares of Class A Common Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost in consideration for a $5,000 short term promissory note. The total fair value of the common stock was $213 based on the closing price of the Company’s common stock on the date of grant. The shares were subsequently issued on August 29, 2014. 

On July 7, 2014 the Company issued 5,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost that was previously granted on January 15, 2014 in consideration for a $43,000 short term promissory note. The total fair value of the common stock was $6,465 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 1,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost that was previously granted on February 8, 2014 in consideration for a $13,000 short term promissory note. The total fair value of the common stock was $1,193 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 2,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost that was previously granted on March 7, 2014 in consideration for a $22,000 short term promissory note. The total fair value of the common stock was $1,942 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 3,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost that was previously granted on March 26, 2014 in consideration for a $37,500 short term promissory note. The total fair value of the common stock was $2,928 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 3,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost that was previously granted on March 26, 2014 in consideration for a $25,000 short term promissory note. The total fair value of the common stock was $2,928 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 2,000,000 shares of Convertible Series C Preferred Stock to GG Mars Capital, a related party entity owned by Vivienne Passley, as a loan origination cost that was previously granted on March 28, 2014 in consideration for an $18,750 short term promissory note. The total fair value of the common stock was $1,594 based on an independent valuation on the date of grant. 

On July 7, 2014 the Company issued 3,000,000 shares of Convertible Series C Preferred Stock to Star Financial, a company owned by our CEO’s family member, a related party, as a loan origination cost that was previously granted on March 28, 2014 in consideration for a $25,000 short term promissory note. The total fair value of the common stock was $2,928 based on an independent valuation on the date of grant. 

On October 10, 2014 the Company issued 24,000 shares of Class A Common to our CEO from a conversion notice from Preferred C. As this was a conversion within the terms of the Preferred C equity instrument no additional value was recognized as a result of this conversion. 

On October 10, 2014 the Company issued 1,200 shares of Class A Common to Star Financial, a company owned by our CEO’s family member, a related party, from a conversion notice from Preferred C. As this was a conversion within the terms of the Preferred C equity instrument no additional value was recognized as a result of this conversion. 

On October 10, 2014 the Company issued 1,120 shares of Class A Common to GG Mars Capital., a company owned by our CEO’s family member, a related party, from a conversion notice from Preferred C. As this was a conversion within the terms of the Preferred C equity instrument no additional value was recognized as a result of this conversion. 

19


EPAZZ, INC. 
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 
(UNAUDITED) 

On January 21, 2015, the Company issued 12,564,800 shares of Preferred C Stock pursuant to the exchange agreement with our CEO in exchange for 10,052 shares of Class A Common Stock. The total fair value of the common stock was $4,112 based on an independent valuation on the date of grant. Although the common stock had a fair value higher than the preferred stock; as this was a related party transaction, no gain was recognized as a result of this exchange. 

On February 13, 2015, the Company issued 168,000 shares of Class A Stock pursuant to the exchange agreement with our CEO in exchange for 70,000,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. 

On June 22, 2015, the Company issued 90,000,000 shares of Class A Stock pursuant to the exchange agreement with our CEO in exchange for 30,000,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. 

On June 29, 2015, the Company issued 120,000,000 shares of Class A Stock pursuant to the exchange agreement with our CEO in exchange for 40,000,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. 

On July 27, 2015, the Company issued 120,000,000 shares of Class A Stock pursuant to the exchange agreement with our CEO in exchange for 40,000,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. 

Convertible Class B Common Stock Issuance for Services 
On March 22, 2014, the Company issued 12,500,000 shares of Convertible Class B Common Stock to the Company’s CEO in consideration for providing services. The total fair value of the common stock was $44,737 based on the closing price of the Company’s common stock on the date of grant. 

Debt Conversions into Class A Common Stock – Related Parties 
On April 2, 2014, the Company issued 20 shares of Class A Common Stock pursuant to the conversion of $25,000 of convertible debt held by Vivienne Passley, a related party, which consisted entirely of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On April 7, 2014, the Company issued 10 shares of Class A Common Stock pursuant to the conversion of $18,750 of convertible debt held by Star Financial Corporation, a related party, which consisted entirely of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On May 3, 2014, the Company issued 16 shares of Class A Common Stock pursuant to the conversion of $20,000 of convertible debt held by Star Financial Corporation, a related party, which consisted entirely of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On May 22, 2014, the Company issued 12 shares of Class A Common Stock pursuant to the conversion of $15,000 of convertible debt held by Star Financial Corporation, a related party, which consisted entirely of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On June 17, 2014, the Company issued 26.75 shares of Class A Common Stock pursuant to the conversion of $33,433 of convertible debt held by Vivienne Passley, a related party, which consisted of $26,000 of principal, $4,933 of interest and $2,500 of liquidated damages. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On March 2, 2015, the Company issued 51,200 shares of Class A Common Stock pursuant to the conversion of $3,200 of convertible debt held by GG Mars, a company owned by our CEO’s family member, a related party, which consisted of $3,200 of principal.. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On March 3, 2015, the Company issued 35,200 shares of Class A Common Stock pursuant to the conversion of $3,300 of convertible debt held by Star Financial, a company owned by our CEO’s family member, a related party, which consisted of $3,300 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On March 11, 2015, the Company issued 17,600 shares of Class A Common Stock pursuant to the conversion of $1,650 of convertible debt held by Star Financial, a company owned by our CEO’s family member, a related party, which consisted of $1,650 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

20


EPAZZ, INC. 
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 
(UNAUDITED) 

On March 24, 2015, the Company issued 32,000 shares of Class A Common Stock pursuant to the conversion of $2,000 of convertible debt held by GG Mars, a company owned by our CEO’s family member, a related party, which consisted of $2,000 of principal . The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On April 3, 2015, the Company issued 45,600 shares of Class A Common Stock pursuant to the conversion of $2,000 of convertible debt held by Star Financial Corporation, a company owned by our CEO’s family member, a related party, which consisted of $2,000 of principal.. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On April 14, 2015, the Company issued 80,000 shares of Class A Common Stock pursuant to the conversion of $5,000 of convertible debt held by GG Mars, a company owned by our CEO’s family member, a related party, which consisted of $5,000 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On June 28, 2015, the Company issued 4,000,000 shares of Class A Common Stock pursuant to the conversion of $4,000 of convertible debt held by GG Mars, a company owned by our CEO’s family member, a related party, which consisted of $4,000 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On July 2, 2015, the Company issued 10,000,000 shares of Class A Common Stock pursuant to the conversion of $10,000 of convertible debt held by Star Financial, a company owned by our CEO’s family member, a related party, which consisted of $10,000 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On July 17, 2015, the Company issued 8,000,000 shares of Class A Common Stock pursuant to the conversion of $20,000 of convertible debt held by GG Mars, a company owned by our CEO’s family member, a related party, which consisted of $25,000 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

On July 22, 2015, the Company issued 10,000,000 shares of Class A Common Stock pursuant to the conversion of $25,000 of convertible debt held by Star Financial, a company owned by our CEO’s family member, a related party, which consisted of $25,000 of principal. The note was converted in accordance with the conversion terms; therefore no gain or loss has been recognized. 

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11027720
 
 
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
EPAZ
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#29388  Sticky Note EPAZ delinquent with SEC, see profile http://www.otcmarkets.com/stock/EPAZD/quot BoredPoster 06/09/16 09:01:01 AM
#29598   All_his_degrees_and_18_years_running_his_own_company_will_he_ever_be_competent? BoredPoster 11/30/16 09:21:02 AM
#29597   Who is his IB? What did he say BoredPoster 11/30/16 09:16:28 AM
#29596   I believe he just is not experienced enough oxnous 11/29/16 06:10:34 PM
#29595   Did you ask_Why_his_stock_never_goes_up_without_an_R/S? BoredPoster 11/28/16 09:10:10 PM
#29594   Was_he_an_experienced_conman_or_guy_that_couldn't_make_his_acquisitions_profita BoredPoster 11/28/16 09:07:47 PM
#29593   Looking_at_EPAZ_1_and_3_month_charts_it_looks_like_a_lot_of_dumping BoredPoster 11/28/16 05:40:27 PM
#29592   When_was_this? He_talked_about_R/Sing_his_investors_at_a_trade_show? How_would_t BoredPoster 11/28/16 05:29:53 PM
#29591   His_1B_in_Chicago? What_does_that_mean? BoredPoster 11/28/16 05:26:54 PM
#29590   He was pleasant...and very young. He talked about oxnous 11/28/16 01:09:49 PM
#29589   Where'd you meet him? What about him tipped BoredPoster 11/22/16 12:14:00 PM
#29588   Anyone who had met the CEO would have oxnous 11/21/16 08:31:34 PM
#29587   The Passley family investors must be so proud !!! BoredPoster 11/18/16 02:48:56 PM
#29586   5_more_cases_currently!!! another $444,000 See_Links: BoredPoster 11/18/16 02:45:42 PM
#29585   $950,000_+_collection_costs_and_court_fees_one_judgement!!! BoredPoster 11/18/16 02:34:56 PM
#29584   If_financials_were_bad_before_the_judgements_this_should_put_epaz_OUT_OF_BUSINESS BoredPoster 11/18/16 02:32:19 PM
#29583   EPAZ_tanking_today._The_drop_is_large_volume_by_EPAZ_current_standards BoredPoster 11/18/16 02:27:18 PM
#29582   Looks_like_the_court_will_rule_against_Epazz_and_Plaintiff_will_seize_assets_to_ BoredPoster 11/18/16 02:24:47 PM
#29581   Shaun's_counter-claim_that_the_rate_was_usurious_is_being_dismissed. BoredPoster 11/18/16 02:20:41 PM
#29580   And_the_daily_share_value_manipulation_trading_1_or_2_shares_at_.07_to_keep_the_ BoredPoster 11/17/16 12:16:58 PM
#29579   Epaz_didn't_even_bother_with_an_nt-10q_for_Q3_2016. They_obviously_abandoned_the_stock. When_SEC_go BoredPoster 11/17/16 12:11:06 PM
#29578   Who_would_risk_investing_with_all_the_pending_lawsuits? BoredPoster 11/14/16 04:09:14 PM
#29577   Will_epaz_report_3Q_2016_financials_next_week? BoredPoster 11/14/16 04:07:43 PM
#29576   More_share_value _manipulation. Somebody_invested_14_cents_in_epaz_stock? A whop BoredPoster 11/14/16 04:05:43 PM
#29575   And_however_bad_2015_was_2016_must_be_worse. EPAZ_also_being_sued_for_about_$1.4M BoredPoster 11/13/16 10:44:47 PM
#29574   But_what_could_be_worse_than_the_$8M_loss_in_2014 with_only_$2M_income? BoredPoster 11/13/16 10:40:18 PM
#29573   Great volume. Lo.. oxnous 11/11/16 10:51:08 PM
#29572   THEY ARE ALMOST 9 MONTHS BEHIND ON THEIR 10K! surfkast 11/11/16 04:02:05 PM
#29571   Obvious_stock_manipulation. A_smart_investment_for_Shaun's_family. BoredPoster 11/11/16 02:12:42 PM
#29570   Somebody_bought_1_share. A_whole_7_cents_invested_for_the_future! BoredPoster 11/11/16 02:09:34 PM
#29569   He's_trying_ to_make_it_look like_the_stock_is_gradually_going_up so suckers_wi BoredPoster 11/04/16 12:49:16 PM
#29568   All_the_evidence_epazz_going_under and Shaun_buys_1_share_at .07 to raise share BoredPoster 11/04/16 12:47:26 PM
#29567   Links to suit related court documents: BoredPoster 11/03/16 05:40:13 PM
#29566   Sure, Buy_shares_of_a_company_being_sued_for_$1.4M in breached merchant_cash_advance loans !!! BoredPoster 11/03/16 05:35:20 PM
#29565   Last 10-q filed over a year ago. No BoredPoster 11/02/16 05:24:45 PM
#29564   So_a_total_of_roughly_$880,000 from these two lawsuits plus about $550,000 BoredPoster 11/01/16 07:02:39 PM
#29563   Plaintiff is trying to get their counterclaims dismissed, FreezeThese 10/31/16 08:07:07 PM
#29562   Shaun's not paying lenders: http://dailyfunder.com/showthread.php/6570-Fraudule BoredPoster 10/31/16 12:06:09 PM
#29561   Any update on the merchant_cash_advance_breach_of_contract lawsuit against Shaun? BoredPoster 10/31/16 11:59:42 AM
#29560   Trips? And Shaun already r/s'd EPAZ in June. BoredPoster 10/31/16 11:56:59 AM
#29559   EPAZ to bad its not in trips yet easymoney 10/29/16 03:14:36 PM
#29558   Need_updates_on_lawsuits against EPAZZ and Shaun. They could shut_Epazz_down. BoredPoster 10/18/16 04:03:18 PM
#29557   Still the same scam surfkast 10/17/16 08:37:50 PM
#29556   Just debt, lawsuits, and_who_knows_what_Epaz is hiding from_investors_and_bill_collectors BoredPoster 10/17/16 08:10:10 PM
#29555   No financials for a year now. No news BoredPoster 10/17/16 08:02:21 PM
#29554   How'd Shaun's hail mary turn out? Any update BoredPoster 10/17/16 02:56:45 PM
#29553   Another unbelievable scam! surfkast 10/12/16 09:54:09 AM
#29552   What in the world is this guy up difumetti 10/12/16 09:42:29 AM
#29551   Actually they were two sells! surfkast 10/11/16 07:57:01 PM
#29550   OTC warns investors that EPAZ isn't reporting and BoredPoster 10/11/16 06:48:39 PM
#29549   OTC Warns investors EPAZ is non-reporting (See Link): BoredPoster 10/07/16 04:50:39 PM
PostSubject