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Thursday, April 11, 2013 12:55:10 PM
Epazz Board of Director to decide record date for 1-10 Stock Dividend for Project Flex
This will be the model for all future spin off projects
CHICAGO, April 11, 2013 /PRNewswire via COMTEX/ -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions which recently announced that the board of director approved a 1-10 stock dividend to shareholders in Project Flex will be meeting after the filings are completed to determine the date of record for the spin off. For each 10 shares of EPAZ common stock that a shareholder owns, the shareholder will receive 1 share of stock in the new Project Flex spinoff. Shareholders of record upon submission of the S-1 documents by Epazz, Inc. will receive the dividend.
Epazz, Inc.'s CEO, Shaun Passley, said, "We have been working real hard to add acquisitions and other Companies into our holding company umbrella and now want to reward our faithful shareholders and begin to show our game plan for the future."
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(TM) 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(TM), a workforce management software and AutoHire(TM), an applicant tracking system.
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