Email from EPC Investor Relations
I sent this yesterday evening:
I know that there's rumors regarding EPC's GB options and financial
health. Is the company going to issue any sort of clarifying statement with regard to either or both? Is the company pitching the Canadian business TV network to go on and clarify?
I'm sure you have skin in this game based on your deals with other clients, and while volume is above average and that there's a buyer for every seller, this is really starting to smell bad.
There's a lot of negative speculation that needs to be cleared up.
This from Adam Chambers this morning:
The last press release pretty much sums up what's going on, we are deep in negotiations with our strategic investor and I expect we'll have a press release with details soon.
We have a number of head hunting firms looking for a new CEO, and we seem to have narrowed the candidates significantly in the last week.
There is no issue with the option at all, the founders of EPC and G&B are getting along well and they've actually agreed to exercise the option early.
There is currently around $500,000 [I assume Canadian] in the bank and the strategic is going to cover us going forward.
The company is going to be in great shape once the above is taken care of, we just need the market to come around.
Let me know if you have any other questions.
