CHICAGO, IL--(Marketwired - July 21, 2014) - Epazz, Inc. (OTC PINK: EPAZ) (EPAZ), a leading provider of cloud-based business software solutions, reveals FlexFridge, Inc. (formerly ZFridge, Inc.). FlexFridge is Epazz's first spin-off. FlexFridge filed on a nonprovisional patent for the world's first foldable mini-fridge. Additionally, the company filed 10k and is working in parallel to file the 10-Q for the first quarter of 2014 and the second quarter 10-Q in order for the company to be current with its financials. The company has been working with auditors, lawyers and accountants to make sure it is on time with its financials moving forward.
Since FlexFridge, Inc. is not part of Epazz's core business, the company believed it was best to turn FlexFridge into its own company. The company issued a stock dividend to shareholders, and the company is working with lawyers to file the necessary paperwork to allow FlexFridge's shares to trade. The company is making plans to develop an e-commerce store so consumers can preorder the mini-fridge. The company also plans to launch a crowdfunding campaign for FlexFridge on a major crowdfunding website for pre-ordering.
The public can visit www.flexfridge.com for a sneak peek at FlexFridge. It will soon be the world's first foldable mini-fridge.
Epazz, Inc.'s CEO, Shaun Passley, Ph.D., said, "We believe there will be many more opportunities for future spin-offs of products. As we acquire additional companies, there will be products that do not fit with our core business. This strategy provides good opportunities to turn each product into its own company and allow it to grow as a separate business."
FlexFridge is a patent-pending, four-cubic-foot mini-fridge. FlexFridge was designed to allow students, campers, hotels, and businesses to have a big mini-fridge in their dorm rooms, RVs, hotel rooms, or offices. FlexFridge is easy to transport and easy to set up.
