$EPAZD big bounce! $EPAZ earnings out! $252K revenue! Epazz Files First-Quarter 10-Q: Reports 21 Percent Increase in Revenues for First Quarter of 2014; Second-Quarter 10-Q in Process of Being Finalized
CHICAGO, IL--(Marketwired - Sep 25, 2014) - Epazz Inc., (PINKSHEETS: EPAZ) a leading provider of cloud-based business software solutions, announced today that it has filed the 10-Q for three months ending March 31, 2014, and it has reported an increase in revenue of $252,552, compared to revenue of $208,010 for the three months ending March 31, 2013, an increase of $44,542 or 21% from the comparative period. Also the company is preparing to file the 10-Q for the quarter ending June 30, 2014. The Second-Quarter 10-Q is in the process of going through EDGARization and XBRL formatting. Once the second-quarter 10-Q is filed, the company will be current with its financials.
"The recent growth in 2014 meant that the company had to hire a third-party valuation firm to allocate assets, which affects the first and second-quarter balance sheets. Now that the valuations are complete, we are able to file our 10-Qs and will become current on our financials," said Shaun Passley, PhD, CEO of Epazz, Inc.
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