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Epazz Inc. (EPAZ)

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Last Post: 1/5/2017 1:48:48 PM - Followers: 246 - 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
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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
 
 
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EPAZ
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#29388  Sticky Note EPAZ delinquent with SEC, see profile http://www.otcmarkets.com/stock/EPAZD/quot BoredPoster 06/09/16 09:01:01 AM
#29635   If_I_was_an_investor_I'd_want_to_see_how_much_the_customer_base_and_income_from BoredPoster 01/05/17 01:48:48 PM
#29634   If_I_was_a_developer_with_a_company_Epazz_acquired_I'd_get_a_new_job_ASAP starkist 01/04/17 06:37:09 PM
#29633   More_than_a_year_without_financials_when_will_sec_issue_trade_halt? BoredPoster 12/27/16 03:23:58 PM
#29632   Looks_like_mostly_connections_to_EPAZZ_Pakistan_staff BoredPoster 12/26/16 01:40:46 PM
#29631   Shaun_doesn't_have_many_linkedin_connections_for_ceo_of_a_software_technology_company https BoredPoster 12/26/16 01:35:27 PM
#29630   Epazz_LinkedIn_page_shows_their_developers_are_in_Pakistan: https://www. starkist 12/23/16 05:15:49 PM
#29629   Software_businesses_typically_charge_customers_$125_to_$175_per_hour_for_develop starkist 12/23/16 04:59:18 PM
#29628   Hosting_costs_are_usualy_factored_into_licensing_fee starkist 12/23/16 04:42:32 PM
#29627   Most_software_vendors_charge_for_licensing,_support_and_development starkist 12/23/16 04:29:47 PM
#29626   How_could_epaz_be_losing_money_with_all_those_software_products? starkist 12/23/16 04:20:30 PM
#29625   Typical_epaz_last_minute_trade_to_increase_share_value_for_next_days_open BoredPoster 12/21/16 05:49:29 PM
#29624   Shaun's_just_trying_to_escape_collection_on_judgements BoredPoster 12/21/16 03:10:19 PM
#29623   Epaz_shares_will_just_be_unsellable_worthless BoredPoster 12/21/16 03:08:00 PM
#29622   Current_epaz_shares_won't_be_converted_if_new_company_shares_already_exist BoredPoster 12/21/16 03:06:42 PM
#29621   New_stock_will_probably_be_announced_as_a_spinoff_any_day_now BoredPoster 12/21/16 02:26:21 PM
#29620   Shaun_move_epazz_companies_under_new_scam_and_epazz_will_be_shares_of_nothing BoredPoster 12/21/16 01:57:47 PM
#29619   Shaun's_next_scam_company_probably_issued_millions_of_shares_already BoredPoster 12/21/16 01:53:05 PM
#29618   Trying_to_create_false_demand_for_stock_in_company_that_doesn't_report_financials BoredPoster 12/21/16 01:50:23 PM
#29617   More_stock_manipulation_as_with_VWIN_yesterday. BoredPoster 12/21/16 01:06:24 PM
#29616   Shaun_will_probably_register_a_new_company_to_replace_epazz_soon BoredPoster 12/19/16 06:41:50 PM
#29615   They_will_start_collection_activities_soon_if_they_haven't_already_been BoredPoster 12/19/16 06:33:36 PM
#29614   Direct_Capital_won_a_judgement_amount_of_$279670_against_Epazz_company_Telecorp_ BoredPoster 12/19/16 06:30:34 PM
#29613   Ihub_was_down_today_and_Shaun_got_that_1_share_transaction_in_at_2:22_just_after_it_came_Back_up BoredPoster 12/15/16 04:51:32 PM
#29612   Maintaining_share_value_for_the_conversion_to_new_stock_ticker BoredPoster 12/14/16 04:42:02 PM
#29611   Another_1_share_transaction._Shaun_is_such_a_scammer!! BoredPoster 12/14/16 02:34:09 PM
#29610   And_the_breach_of_contract_suits_are_closing_in_fast BoredPoster 12/13/16 02:45:29 PM
#29609   Shaun_needs_a_new_scam_we_know_he_won't_quit BoredPoster 12/13/16 02:44:41 PM
#29608   Since_spinning_off_FLXR_bombed_and_"selling"_the_stock_to_VWIN_didn't_make_him_ BoredPoster 12/13/16 02:43:36 PM
#29607   Shaun's_probably_working_on_transferring_everything_over_to_another_ticker BoredPoster 12/13/16 02:41:58 PM
#29606   Nice_how_EPAZ_keeps_trading_1_share_to_keep_share_value_at_par BoredPoster 12/13/16 02:39:28 PM
#29605   This one had the lights turned off a surfkast 12/12/16 08:28:36 PM
#29603   Any bets on when he gets indicted? oxnous 12/12/16 08:18:07 PM
#29602   AND_SCREW_INVESTORS_AGAIN: BoredPoster 12/07/16 03:19:55 PM
#29601   Probably_going_to_find_asian_buyers_for_EPAZ_like_with_FLXR_and_change_ticker BoredPoster 12/07/16 03:12:29 PM
#29600   That's_all_epazz_offers BoredPoster 12/07/16 03:11:05 PM
#29599   when_there's_transactions_of_1_share_($0.012)_it's_obvious_share_value_manipul BoredPoster 12/07/16 03:09:02 PM
#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
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