EPIC FINANCIAL CORP 4
4 · EPIC FINANCIAL CORP · Filed Apr 20, 2005
Insider Transaction Report
Form 4
Ray Rodney R
DirectorPresident10% Owner
Transactions
- Purchase
Common Stock
2005-04-15+8,269,500→ 10,102,400 total
Footnotes (2)
- [F1]The shares of Common Stock acquired by Mr. Ray resulted from a certain Purchase Agreement by and between the Issuer and certain others, including Rodney R. Ray, dated April 15, 2005, whereby the Issuer agreed to issue 16,539,000 shares of its Common Stock as the initial consideration to the selling stockholders of ASAP Marketing Corporation in exchange for all of the issued and outstanding common stock, $0.001 par value, of ASAP Marketing Corporation, which became a wholly-owned subsidiary of the Issuer following the closing of the transaction contemplated by the Purchase Agreement. As one of the Selling Stockholders, Mr. Ray was issued 8,269,500 shares of the total number of the Initial Epic Shares. For further information concerning the acquisition of ASAP and the issuance of related consideration, reference is made to the Issuer's Current Report on Form 8-K dated April 15, 2005, which is being filed with the Securities and Exchange Commission concurrently with this Form 4.
- [F2]Rodney R. Ray, the filing person, is deemed to be the beneficial owner of all common stock reported on herein. The shares of common stock will be issued in the name of III Angels LP, a California limited partnership, established by Mr. Ray and for the benefit of Mr. Ray and members of his family.