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$EPAZ ~ Quote ~ “We have been experiencing substantial growth during 2015, our acquisition K9bytes will provide new sources of revenue. We believe once Strantin Live Video software is fully integrated into K9Kloud we will have a new source of revenue from monthly recurring access to the live video stream. The key to our acquisition strategy is not only maintaining and growing the target company revenue, but using our existing product portfolio to create new products,” says Shaun Passley, PhD, CEO of Epazz, Inc.
http://finance.yahoo.com/news/epazz-reports-83-percent-increase-121500054.html
EPAZ ~ PROPOSED TERMS FOR THE PRIVATE PLACEMENT OF REVENUE SHARING AGREEMENTS OF Epazz, Inc.
The following is a description of a proposed offering of securities, is of a summary nature, does not purport to be complete, and will be qualified in its entirety by reference to the Final Offering Materials (the "Final Offering Materials"), if created, which will fully provide for the final terms of the Revenue Sharing Agreements. These terms are subject to change and are negotiable with potential investors.
Proposed Terms
Issuer: Epazz, Inc. an Illinois Corporation (the "Company").
Securities to be Issued: Revenue Sharing Agreements (each an "RSA" and together the "RSAs"). The RSAs shall be unsecured general obligations of the Issuer.
Amount of Financing: Up to a total of $1 million with a minimum individual investment amount of $5,000 unless otherwise agreed to by the Company in limited circumstances.
Purchasers: The RSAs will be offered and sold only to persons who are "accredited investors" ("Accredited Investors") as defined in Rule 501(a) of Regulation D promulgated by the United States Securities and Exchange Commission under the federal Securities Act of 1933, as amended (the "Securities Act"), and who meet certain other qualifications. In addition, the Company must take reasonable steps to verify that investors are Accredited Investors, which reasonable steps are likely to require investors' provision of financial and tax records, as well as certain other information deemed necessary by the Company. Accredited Investors meeting these requirements will herein be referred to as qualified investors ("Qualified Investors").
Use of Proceeds: The Company intends to use the net proceeds for marketing, sales, development, general working capital purposes and other necessary expenditures as determined in the discretion of management.
Commencement Date: Commencing with the first full calendar month following the Closing, within thirty (60) calendar days following the end of each calendar month, the Company will begin making cash payment (collectively, the "Monthly Revenue Share Amount") to the holders of the Revenue Sharing Agreements (each, a "Revenue Sharing Investor" and collectively, the "Revenue Sharing Investors").
Revenue Share Percentage: The Monthly Revenue Share Amount will be in an amount equal to up to 5% of Company Gross Revenues for such calendar month. Each Revenue Sharing Investor's pro rata share of the Monthly Revenue Share Amount shall be determined by dividing such Revenue Sharing Investor's investment amount by the investment amounts of all Revenue Sharing Investors as of the first day of the calendar month applicable to such Monthly Revenue Share Amount.
Maximum Revenue Share Amount: Thee Monthly Revenue Share Amount will continue to be paid until each Revenue Sharing Investor has received aggregate payments in an amount equal to 1.5 times such Revenue Sharing Investor's investment amount (each such Revenue Sharing Investor's "Maximum Revenue Share Amount").
Revenue Definition: For any applicable calendar month, Company Gross Revenues will be an amount equal to all gross revenues from the sale of products or services by the Company or any parent, subsidiary or affiliate of the Company during such calendar month as determined under U.S. generally accepted accounting principles, consistently applied.
Termination Date: In the event the Investor has not received the Maximum Revenue Share Amount prior to December 31, 2021 (the "Maturity Date"), the Company shall pay to the Revenue Sharing Investor, on or before the Maturity Date, an amount equal to the Maximum Revenue Share Amount less the sum of all previous payments made by the Company to the Revenue Sharing Investor.
Manner of Payment: All such payments to the Investor shall be deposited into a bank account of the investor's choosing at the time of investment, or any successor account thereto which may be established by the Investor, or provided via check to the Investor.
Overdue Payments: The Company shall be assessed a late payment charge at an annual rate equal to five percent (5%) of any Monthly Revenue Share Amount not paid within five (5) business days of becoming due. This late payment charge is cumulative and assessed once per month from the due date until the date of payment thereof and shall accrue and be added to any balance of unpaid amounts subject to late payment.
Information Rights: The Company will provide the Revenue Sharing Investor with the following information as to any period during which such Revenue Sharing Investor's RSA is outstanding: (a) unaudited quarterly financial statements of the Company within forty-five (45) days after the end of each calendar quarter; (b) management commentary on the Company's operations, sales and financial condition within forty-five (45) days after the end of each calendar quarter; (c) annual financial statements of the Company within ninety (90) days after the end of each fiscal year, which may or may not be audited, as determined in the sole discretion of the Management Committee of the Company; and (d) as soon as reasonably practicable, but in any event within thirty (30) days after its filed, a copy of the Company's federal tax return filed with the Internal Revenue Service for each fiscal year of the Company.
Expenses: Each party shall be responsible for its own costs and expenses incurred in connection with the transactions contemplated hereby.
Not an offer: This Term Sheet is not a complete description of the financing and does not constitute either an offer to sell or an offer to purchase securities.
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
EPAZ ~ PROPOSED TERMS FOR THE PRIVATE PLACEMENT OF REVENUE SHARING AGREEMENTS OF Epazz, Inc.
The following is a description of a proposed offering of securities, is of a summary nature, does not purport to be complete, and will be qualified in its entirety by reference to the Final Offering Materials (the "Final Offering Materials"), if created, which will fully provide for the final terms of the Revenue Sharing Agreements. These terms are subject to change and are negotiable with potential investors.
Proposed Terms
Issuer: Epazz, Inc. an Illinois Corporation (the "Company").
Securities to be Issued: Revenue Sharing Agreements (each an "RSA" and together the "RSAs"). The RSAs shall be unsecured general obligations of the Issuer.
Amount of Financing: Up to a total of $1 million with a minimum individual investment amount of $5,000 unless otherwise agreed to by the Company in limited circumstances.
Purchasers: The RSAs will be offered and sold only to persons who are "accredited investors" ("Accredited Investors") as defined in Rule 501(a) of Regulation D promulgated by the United States Securities and Exchange Commission under the federal Securities Act of 1933, as amended (the "Securities Act"), and who meet certain other qualifications. In addition, the Company must take reasonable steps to verify that investors are Accredited Investors, which reasonable steps are likely to require investors' provision of financial and tax records, as well as certain other information deemed necessary by the Company. Accredited Investors meeting these requirements will herein be referred to as qualified investors ("Qualified Investors").
Use of Proceeds: The Company intends to use the net proceeds for marketing, sales, development, general working capital purposes and other necessary expenditures as determined in the discretion of management.
Commencement Date: Commencing with the first full calendar month following the Closing, within thirty (60) calendar days following the end of each calendar month, the Company will begin making cash payment (collectively, the "Monthly Revenue Share Amount") to the holders of the Revenue Sharing Agreements (each, a "Revenue Sharing Investor" and collectively, the "Revenue Sharing Investors").
Revenue Share Percentage: The Monthly Revenue Share Amount will be in an amount equal to up to 5% of Company Gross Revenues for such calendar month. Each Revenue Sharing Investor's pro rata share of the Monthly Revenue Share Amount shall be determined by dividing such Revenue Sharing Investor's investment amount by the investment amounts of all Revenue Sharing Investors as of the first day of the calendar month applicable to such Monthly Revenue Share Amount.
Maximum Revenue Share Amount: Thee Monthly Revenue Share Amount will continue to be paid until each Revenue Sharing Investor has received aggregate payments in an amount equal to 1.5 times such Revenue Sharing Investor's investment amount (each such Revenue Sharing Investor's "Maximum Revenue Share Amount").
Revenue Definition: For any applicable calendar month, Company Gross Revenues will be an amount equal to all gross revenues from the sale of products or services by the Company or any parent, subsidiary or affiliate of the Company during such calendar month as determined under U.S. generally accepted accounting principles, consistently applied.
Termination Date: In the event the Investor has not received the Maximum Revenue Share Amount prior to December 31, 2021 (the "Maturity Date"), the Company shall pay to the Revenue Sharing Investor, on or before the Maturity Date, an amount equal to the Maximum Revenue Share Amount less the sum of all previous payments made by the Company to the Revenue Sharing Investor.
Manner of Payment: All such payments to the Investor shall be deposited into a bank account of the investor's choosing at the time of investment, or any successor account thereto which may be established by the Investor, or provided via check to the Investor.
Overdue Payments: The Company shall be assessed a late payment charge at an annual rate equal to five percent (5%) of any Monthly Revenue Share Amount not paid within five (5) business days of becoming due. This late payment charge is cumulative and assessed once per month from the due date until the date of payment thereof and shall accrue and be added to any balance of unpaid amounts subject to late payment.
Information Rights: The Company will provide the Revenue Sharing Investor with the following information as to any period during which such Revenue Sharing Investor's RSA is outstanding: (a) unaudited quarterly financial statements of the Company within forty-five (45) days after the end of each calendar quarter; (b) management commentary on the Company's operations, sales and financial condition within forty-five (45) days after the end of each calendar quarter; (c) annual financial statements of the Company within ninety (90) days after the end of each fiscal year, which may or may not be audited, as determined in the sole discretion of the Management Committee of the Company; and (d) as soon as reasonably practicable, but in any event within thirty (30) days after its filed, a copy of the Company's federal tax return filed with the Internal Revenue Service for each fiscal year of the Company.
Expenses: Each party shall be responsible for its own costs and expenses incurred in connection with the transactions contemplated hereby.
Not an offer: This Term Sheet is not a complete description of the financing and does not constitute either an offer to sell or an offer to purchase securities.
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
$EPAZ Company Launches $1 Million Revenue Share Crowdfunding Campaign With the Goal of Attracting Angel Investing Online to Its Investment Opportunities
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
$EPAZ Company Launches $1 Million Revenue Share Crowdfunding Campaign With the Goal of Attracting Angel Investing Online to Its Investment Opportunities
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
$EPAZ ~ Epazz Reports 83 Percent Increase in Revenues for First Quarter of 2015
http://finance.yahoo.com/news/epazz-reports-83-percent-increase-121500054.html
$EPAZ ~ Epazz Reports 83 Percent Increase in Revenues for First Quarter of 2015
http://finance.yahoo.com/news/epazz-reports-83-percent-increase-121500054.html
$EPAZ Epazz Launches $1 Million Revenue Share Crowdfunding Campaign With the Goal of Attracting Angel Investing Online to Its Investment Opportunities
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
$EPAZ Epazz Launches $1 Million Revenue Share Crowdfunding Campaign With the Goal of Attracting Angel Investing Online to Its Investment Opportunities
http://finance.yahoo.com/news/epazz-launches-1-million-revenue-121500858.html
EPAZ Epazz Reports 108 Percent Increase in Annual Revenue for 2014
EPAZ Epazz Reports 108 Percent Increase in Annual Revenue for 2014
EPAZ ~ Check Out The $EPAZ Facebook Page ~ https://www.facebook.com/epazz.investorsrelations?fref=ts
EPAZ ~ Check Out The $EPAZ Facebook Page ~ https://www.facebook.com/epazz.investorsrelations?fref=ts
EPAZ on high alert!
EPAZ on high alert!
EPAZ ~ Check Out The $EPAZ Facebook Page ~ https://www.facebook.com/epazz.investorsrelations?fref=ts
EPAZ ~ Check Out The $EPAZ Facebook Page ~ https://www.facebook.com/epazz.investorsrelations?fref=ts
EPAZ Epazz Reports 108 Percent Increase in Annual Revenue for 2014
EPAZ Epazz Reports 108 Percent Increase in Annual Revenue for 2014
$EPAZ - “We acquired AutoHire back in 2010, we have been upgrading the solution for the past two years onto the latest technologies. The new version of AutoHire is called Provitrac and will include a learn management system. Our goal for AutoHire is to create a complete human resources cloud suite,” says Shaun Passley, Ph.D., CEO of Epazz, Inc.
$EPAZ - “We acquired AutoHire back in 2010, we have been upgrading the solution for the past two years onto the latest technologies. The new version of AutoHire is called Provitrac and will include a learn management system. Our goal for AutoHire is to create a complete human resources cloud suite,” says Shaun Passley, Ph.D., CEO of Epazz, Inc.
$EPAZ ~ K9 Bytes has assisted in boosting revenue during the fourth quarter. Epazz believes that increasing levels of software development into acquisitions and cross-selling it to existing customers can greatly improve revenue for 2015. Epazz plans to integrate Strand Live Video software into its K9 Bytes subsidiary to allow kennels to provide a live broadcast of their facilities to customers. http://www.strandusa.com/site03/index.php
$EPAZ ~ K9 Bytes has assisted in boosting revenue during the fourth quarter. Epazz believes that increasing levels of software development into acquisitions and cross-selling it to existing customers can greatly improve revenue for 2015. Epazz plans to integrate Strand Live Video software into its K9 Bytes subsidiary to allow kennels to provide a live broadcast of their facilities to customers. http://www.strandusa.com/site03/index.php
$EPAZ - Epazz AutoHire Subscription Renewal Rates Above 90%; AutoHire has Helped to Increase Epazz's Revenue
CHICAGO, IL--(Marketwired - August 19, 2015) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced its subscription renewal rates for AutoHire recruiting software are well over the 90% level. AutoHire has helped to increase Epazz’s revenue. AutoHire, recruiting software, continues to receive positive responses on our support and customization IT consulting services.
“We acquired AutoHire back in 2010, we have been upgrading the solution for the past two years onto the latest technologies. The new version of AutoHire is called Provitrac and will include a learn management system. Our goal for AutoHire is to create a complete human resources cloud suite,” says Shaun Passley, Ph.D., CEO of Epazz, Inc.
About Epazz, Inc.
Epazz, Inc. specializes in cloud based business software solutions that provide excellence in web-based applications for government, higher education, and the private sector. With already held subsidiaries such as DeskFlex, Inc., Professional Resources Management, Inc., Intellisys Inc., and AutoHire, Epazz will now be able to offer comprehensive businesses cloud software solutions and services to companies of every size.
$EPAZ - Epazz AutoHire Subscription Renewal Rates Above 90%; AutoHire has Helped to Increase Epazz's Revenue
CHICAGO, IL--(Marketwired - August 19, 2015) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions, announced its subscription renewal rates for AutoHire recruiting software are well over the 90% level. AutoHire has helped to increase Epazz’s revenue. AutoHire, recruiting software, continues to receive positive responses on our support and customization IT consulting services.
“We acquired AutoHire back in 2010, we have been upgrading the solution for the past two years onto the latest technologies. The new version of AutoHire is called Provitrac and will include a learn management system. Our goal for AutoHire is to create a complete human resources cloud suite,” says Shaun Passley, Ph.D., CEO of Epazz, Inc.
About Epazz, Inc.
Epazz, Inc. specializes in cloud based business software solutions that provide excellence in web-based applications for government, higher education, and the private sector. With already held subsidiaries such as DeskFlex, Inc., Professional Resources Management, Inc., Intellisys Inc., and AutoHire, Epazz will now be able to offer comprehensive businesses cloud software solutions and services to companies of every size.
$EPAZ - "The company had used convertible notes from institutional investors in the past in order to complete its acquisitions. Most of the convertible notes are paid off. Unfortunately, the convertible notes increase the dilution in our stock. For this reason, the company will be taking advantage of the new Jobs Act and will be launching a Revenue Based Crowdfunding Campaign. Investors who wish to take part in the offering will receive a monthly payment based on the company’s revenues. Revenue based offering is non-dilutive to our shareholders."
$EPAZ - "The company had used convertible notes from institutional investors in the past in order to complete its acquisitions. Most of the convertible notes are paid off. Unfortunately, the convertible notes increase the dilution in our stock. For this reason, the company will be taking advantage of the new Jobs Act and will be launching a Revenue Based Crowdfunding Campaign. Investors who wish to take part in the offering will receive a monthly payment based on the company’s revenues. Revenue based offering is non-dilutive to our shareholders."
EPAZ InvestorsHub NewsWire -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud-based business software solutions, announced that its wholly own subsidiary Strand will provide offsite cloud storage to its customers; providing them with backup video copies. This feature will be added to the new Strand Product which is integrating with Cynergy. The new functionality would allow colleges and universities to schedule backup sessions on a daily or weekly basis.
EPAZ InvestorsHub NewsWire -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud-based business software solutions, announced that its wholly own subsidiary Strand will provide offsite cloud storage to its customers; providing them with backup video copies. This feature will be added to the new Strand Product which is integrating with Cynergy. The new functionality would allow colleges and universities to schedule backup sessions on a daily or weekly basis.
$EPAZ - Epazz, Inc.'s CEO, Shaun Passley, Ph.D., said, "The Company is growing fast and we need more people to answer the phones and emails. We need to share our success with other government and business organizations. Also, we believe our stock will recover through 2015 and into 2016 and attain a fairer valuation."
$EPAZ - Epazz, Inc.'s CEO, Shaun Passley, Ph.D., said, "The Company is growing fast and we need more people to answer the phones and emails. We need to share our success with other government and business organizations. Also, we believe our stock will recover through 2015 and into 2016 and attain a fairer valuation."
EPAZ BoxesOS My Courses is an extensive application for online classes and trainings as well as managing a live teaching environment.
EPAZ BoxesOS My Courses is an extensive application for online classes and trainings as well as managing a live teaching environment.
EPAZ Epazz Inc. is an enterprise-wide software company that specializes in providing customized web applications to the corporate world, higher education institutions and the public sector.
EPAZ Epazz Inc. is an enterprise-wide software company that specializes in providing customized web applications to the corporate world, higher education institutions and the public sector.
EPAZ ~ Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/EPAZ/stream
EPAZ ~ Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/EPAZ/stream
$EPAZ - About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS™ v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz's other products are AgentPower™, a workforce management software and AutoHire™, an applicant tracking system.
$EPAZ - About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS™ v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz's other products are AgentPower™, a workforce management software and AutoHire™, an applicant tracking system.
$EPAZ CHICAGO, IL--(Marketwired - September 03, 2015) - Epazz, Inc. (EPAZ), a leading provider of cloud based business software solutions, announces that the company is working with its lawyers to launch a revenue based crowdfunding campaign in order to fund its sales and marketing efforts. The funds will be used to increase its sales and marketing workforce. The company needs to hire additional sales and marketing personnel in order to promote its successes with implementing its cloud based solutions into new government and business customers. In addition, funds will be used to hire more developers to enhance its cloud software applications.