EPiC Energy Resources, Inc. (fka EPCCQ)

[10 bagger]

EPCC $0.12 Background.. 4

The following table sets forth our capitalization as of March 9, 2010 on an actual basis.

Cash $ 153

Debentures 14,922
Note Payable Secured by Assets Acquired 1.343
Note Payable – EIS Acquisition 1,070
Other Liabilities 7,568
Total Debt $ 24,903

Stockholders’ equity
Series A Preferred Stock $ -
Common Stock, no par value, authorized 100,000,000 shares; outstanding 45,413,7811, net of treasury stock 33,639
Warrants -
Additional paid-in capital 1,924
Accumulated deficit (31,778 )
Accumulated other comprehensive loss -
Treasury stock, at cost, no shares -
Total stockholders’ equity 3,785

Total Capitalization $ 28,688

1 Of which, Affiliates of the Company own 77.5%.