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Epic Financial Corporation Acquires Leading Financial Software Company
Wednesday October 25, 9:15 am ET
FRESNO, CA--(MARKET WIRE)--Oct 25, 2006 -- Epic Financial Corporation (Other OTC:EPFL.PK - News) today announced that it has acquired Financial Insights, Inc., a Utah-based software solutions provider. No terms of the transaction were disclosed.
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Financial Insights, Inc., headed by its Founder and President, Todd Moynier, is a 10-year-old firm that develops software for the financial industry. Its leading software products are highly unique mortgage/debt elimination systems and a wealth builder program.
Todd Moynier, President of Financial Insights, Inc., which is now operating as a wholly owned subsidiary of Epic Financial Corporation, said, "Over the past ten years, Financial Insights has developed its software package, which has evolved into a debt elimination program that creates a customized plan to eliminate all debt, including mortgages, student loans, auto loans, credit cards and all other installment loans in usually one-third (or greater) the normal pay-off time. Our revolutionary software package creates a complete, yet simple to understand, Wealth Building P.L.A.N. for consumers. This software analysis utilizes sophisticated mortgage structuring, cash flow and investment strategies to determine the best way to build wealth, through the integration of debt elimination and investment strategies. This unique feature sets our software apart from other systems that focus solely on debt elimination or investment strategies."
Mr. Moynier went on to say, "The Financial Insights software now known as 'Epic WealthBuilder(TM)' has been tested by hundreds of companies and thousands of financial professionals throughout North America. Along with our WealthBuilder analysis, our unique software package also includes other strategies, such as Debt Elimination, Investment Strategies and a soon to be offered Mortgage Cycling analysis. One of the most valuable components of the P.L.A.N. is our Third Party Administrators who manage the P.L.A.N. and eliminate all the worry and self discipline of paying bills so our clients can focus on other things."
Rodney R. Ray, President of Epic Financial Corporation, stated, "We have seen what the debt reduction software program can accomplish in our marketing relationship with No More Mortgage(TM), which has successfully utilized this software for many years. We intend through this timely acquisition to step forward to educate, where education has not been emphasized. We have formulated a P.L.A.N. that allows individuals the opportunity to attain financial independence in the shortest time possible, by applying sound economic principles combined with a system that supports discipline.
We intend, through our ASAP Marketing Corporation subsidiary, to immediately market both the debt reduction and the Epic WealthBuilder(TM) software programs to the numerous participants in the financial services industry, including mortgage brokers, mortgage banking firms, banks, credit unions and financial planners."
Mr. Ray went on to say, "We fully expect that this timely acquisition will enable Epic to become a profitable, viable competitor in the financial services arena."
About Epic Financial Corporation
Epic Financial Corporation, through its wholly owned subsidiaries, Financial Insights, Inc. and ASAP Marketing Corporation, owns and markets the unique mortgage/debt reduction software and the "Epic WealthBuilder(TM)" software to the financial services marketplace. In addition, it will continue to utilize its exclusive license with NoMoreMortgage(TM) to go directly to consumers to offer these mortgage/debt reduction services.
A number of statements referenced in this Release, and in interviews that have been granted, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Epic Financial Corporation with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Epic Financial Corporation does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Any communications received by fax or e-mail concerning Epic Financial Corporation which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.
Contact:
Contact Person:
Rodney Ray
CEO
Epic Financial Corporation
559-435-4380
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Source: Epic Financial Corporation
RYQG-showing life as 10k & financing due shortly.
ALRX has gone from .04 to .24 since November, apparentl a big deal is being lined up and its trading like something is about to happen, 52 week high is .24 and it may break it if any positive news comes out....40% up in March alone
another one is AAGM just started trading but the spike in volume on Friday leads one to believe that it may be in play, not enough data to make an informed decision on this one but it warrants a place on your watch list MHO best of luck
NABI not too shabby today.
See post 4356.
Tycoon, sure does look good doesn't it
RTGV looks like it's bustin' loose on that
WEEKLY chart, and moving nicely over the 50 MA.
...What I like is the DAILY chart, showing nice steady uptrend, some indicators included. No sign of stopping either.
Kudos for your call on this one, T.A.T.
Then there are the IW's
NABI, seems like it always goes back up.
Bill,
How about a bullmarket. A bull ends when it ends, right. Double inside bars on weekly chart and coming to an end of the month. Does it continue or break our hearts. Time will tell. ttyl, Pumacat
Hey Bill,
Where are you? Pumacat is getting bored.We all are following your postings. We miss you. Big Grin. Look at the move your grabbie chart made in the introduction box you had in there. You must be tryng to carry your money to the bank. I will help you if you need help counting it. Big Grin. Come on back Bill, Pumacat doesn't want to start posting to keep your board going.........please............We can't make money and get new research if you decide to leave. Your smiling Bill, I see you....ttyl....Pumacat
MOBL - nice bounce off the mid-line last week
http://stockcharts.com/def/servlet/SC.web?c=MOBL,uu[m,a]daclyyay[db][pd20,2!b50][vc60][iUv8!Lk9]&...
Hi TicTac ... long-time no talk . . . . ...
are you still trading QQQQ options ??
If so, how are you doing ??
I often get interested in day- or very-short-term- trading them ...
Have you read our Options Guide online under the Members Tab ??
Please let me know if you need any more info on options ...
Our Seasonal Options strategy for individual stocks has been very successful so far.
I am still going to research trading QQQQ options and may come up with a strategy.
I really like this chart that you posted on the Q's.
Please keep up the great work !!
TicTac
Let's hope Bill is off on a winter vacation. I imagine where he lives is frozen over about now. Better some sun and fun.
clbe-red candle all day-ended up nice with decent vol....after 4 month decline../.17?
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ptsc- 1st chart-linear chart-aroon 8 as seen with st/rsi 32 eyes, 2nd chart- log chart-spike throws chart off- all indicators
note:gap up open at .15 from .136-previous close
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wms 9 seems to reflect recent indecision, and gap-the 24th, but st/rsi 10 - didn't say sell
bkmp-tails galore-stops run to shake weak hands out...looks like a runner, severe pullback territory(stochrsi 32) from 23 nov growth start..bbands tightening
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eyii-swkj-money flow
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diaaf- came off reg sho list recently-looks like anyone that bought, happy with that news...is going to keep this awhile
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cirt-had a nice run-watching dip, pullback,
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achi-watching pullbacks below 55-65 on stochrsi 32, to see if they are possible stronger stocks, after 1st run from magic box
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diaaf-again, 1 whole month of small growth, i believe i would sell here, -7th close(st/rsi 10) said sell, stock seeking more downside-pointing out here two previous sets of red/white candles were where s/r 32 was below 35
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crgo-lookin for real intraday -pretty rough pullback, below 50, though..pullback magic box?
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10/21 intraday
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5/21, 3 month, knights cross intraday
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now we wait for close print
ilco-watching, testing adx d+ 5 with s/r 32, watching for a headfake here-note this post and last post 10ma 21 bband-looking at 10/21 crossover
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mmam-recovery at 55-65, what i like to see... on s/r 32...so far...2 days tails down-stops being run? weak hands, either way.
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swkj-breakout above overbought? and oversold? hmmm..plus a good bend on 200ma-previous post
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swkj-for a penney, this has put a pretty good bend on 200 ma, after all its previous gapitus
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diaaf-plni--i love how stochrsi 32 works with aroon 8 up movements at zero// aroon 8 dn level of decision at zero. it removes the suspense
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pj...ok i'll take the blame..haha, just don't go nuts like me...i was half awake when i saw that htre chart, with headfakes above 35, got all rattled til i went to 6 month chart. i've been trying to kill this monster, but so far it lives! downtrend, cross the pass(after fairy square), mb or money mountain, stochrsi 32 and 10 check(knave in the woods), then uptrend. oh yeah, you're not alone, i can blame ken...haha. i'm mostly glad for finally understanding aroon a little bit, and cross? candles(indecisiion days), from stochrsi. ha! so then you put out mmam..wow! lookin at that one today. no waiting around on that one! 1.0 full tilt boogie
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very close to break out of downtrend line-1 year chart
It's your fault, billkat...
I'm adapting your concepts (revelations)
to some of my old templates. I will continue
to be enlightened (if you continue to share).
You and Ken have taught me many things.
GOOD MORNING BULLS!
I do like it Sir Bill
You've got a great head on your shoulders for deciphering. hehe. Don't stop you're almost there. You're paying it forward.
ken..thought you'd like that-saw it on stock report board..hehe
......see last few posts on this board...stochrsi 32 working well with downdtrend high close lines...to get past headfakes...bill
ps...we're getting closer to that right entry...hehe
jkri-pj you're picking some good ones---simmering for sure
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aogs-trying to get noticed...you stated that right!, i'd suggest still seeking crossing of the pass
awesome, but 2 day wonder?
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pj-you already are repaying me--your htre chart got me getting real intense about headfake stuff. i've been working on reversals and downtrend breakout lines, what i call crossing of the pass (a range leading to growth, mb, etc.), and stochrsi 32 crossing 35, to try to nail down false starts(headfakes). i haven't found too many, where a move above 35 leads to this. htre got me going...
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heres a chart-gives me testing headaches..
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when i find this stuff, i have to expand out to 6 months or a year to see. what i'm trying to find here is the magic box that propels the stock to productive growth...more than just a few days. i'm now finding growth with this stochrsi system works best with these downtrend lines...
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so, thanks...keep posting your great charts!...by the way, i share your sentiment about dilution, but this ones got bull in it.. bk
if you swing trade, don't forget s/r 10 sell break below 80
I certainly do know why it intriques you.
It has super potential Bill. Super potential. Nice that you used one of my February picks as an example. hehe
diaaf-understanding indecision days
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ckei-4 day pops turn south below 50 on s/r 32
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diaaf-day 3 of growth-red candle close above 5ma - posi day
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gradual accumulation-if this is a range forming, s/r 10 bounced off 50-red candle close 6 days ago, watching s/r 32 to move up above 50...
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