22.06.2007
00h:13min
Dear Mr. xxx:
Thank you for your correspondence. Hopefully, we can sufficiently address your questions or point you to the correct information.
Note, please contact a registered financial advisor prior to investing in any stock as you could lose all or part of your investment.
The Company's plan to create long-term value for its shareholders is to continuing to transition its business focus from traditional local exchange services to Voice over Internet Protocol (VoIP). Management believes the VoIP market represents greater growth potential and offers higher product margins than current local exchange services.
Epicus Communications recently announced a new suite of attractively priced VoIP products for small businesses and residential customers. New financing has positioned the Company to build market awareness for its products. Please see corporate press releases here.
Financially, Epicus Communications seeks to continue to reduce operating costs. No guarantee of future performance - cost control initiatives have resulted in four consecutive quarters of operating and net loss reductions.
While revenues have been declining due to the above referenced business migration to VoIP, gross margins have been improving. No guarantee of future performance - gross margins during the third quarter of 2007 increased 48% over the second quarter of 2007.
Additionally, management has discontinued service to unprofitable customers and service areas. Also, management more stringently evaluates the creditworthiness of prospective customers and terminates relationships with customers that are less than responsible in fulfilling their payment obligations.
Information, with respect to financials and investments risks, is available at the Securities & Exchange Commission's website at www.sec.gov . Additional information is available on the corporate website at www.ecg-us.com .
Ownership information is provided in proxy statements and in the Annual Report filed on Form 10-KSB. Officers and directors must file Section 16 filings on Forms 3 and 4 to disclose purchases and sales of Epicus Communications' common stock. This information is available here. Third party resources also exist and maintain responsibility for their content. One such source is Yahoo! Finance.
Insider trading is illegal and enforced by the Securities & Exchange Commission. If you suspect improper trading of Epicus Communications Group's common stock, you should contact the authorities.
The current board of directors includes one member Mark Schaftlein. Management hopes to add additional members in the future.
Employee option information is available in the footnotes (e.g. #8, 10-QSB) to periodic reports. No stock options, stock appreciation rights or other compensation were granted to our President or other corporate officers or directors during Fiscal 2007, 2006 and Fiscal 2005.
Stock purchase warrants have been issued to institutional lenders. Information is provided in Current Reports on Form 8-K.
One billion shares of common stock were authorized for issuance by majority shareholder consent in October 2006. As of April 17, 2007, 35,861,280 common shares are issued and outstanding.
We have added you to our news update list, should you not wish to receive news from the Company in the future, please indicate "opt-out" in any e-mail you receive.
Epicus Communications Group, Inc. is committed to providing investors with the highest level of shareholder service. If you have questions, please contact me, Monday-Friday, between 9:00 AM-5:30 PM EST, at 941-650-4501.
Sincerely,
Epicus Communications Group, Inc.
Investor Relations
Gil Sharell
