Epazz, a leading provider of cloud based business software solutions, today reminded long-term shareholders that the record date for Project Flex Spin-off will be September 15, 2013. In order to receive the stock dividend, investors must have shares settle three days prior to the record date.
The company emphasized that only shareholders of record date will receive the 1-10 stock dividend announced earlier. The spin-off of Project Flex will be above $0.01 per share. 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.
Shaun Passley, Epazz CEO, said, “This is our first spin-off, but not the last spin-off. Our business plan provides Long-term shareholders multiple opportunities for stock dividends. We believe transitioning Epazz to a holding company will provide long-term value.”
Epazz 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. The company’s 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 DeskFlex (TM), a room scheduling software, and AutoHire(TM), an applicant tracking system.
For more information, visit www.epazz.com
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