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Re: None

Monday, 01/26/2015 12:41:03 PM

Monday, January 26, 2015 12:41:03 PM

Post# of 177062
EPAZ made improvements in operations during 2014 which are starting to show in the third quarter. They have been consolidating services and operations of our subsidiaries into Their Chicago operations allowing for cost savings. They are then reinvesting their savings back into the company's operations allowing for additional long-term cost savings.

They have reported positive EBITDA of $26,613, compared to negative EBITDA of $384,078 for the three months ending September 30, 2014, an increase of $410,691 or 106% from the comparative period. Also the company has reported a decrease in operating expenses for the three months ending September 30, 2014 of $192,566 or 32% from the comparative period.

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