This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

President And CEO Of EP Global Communications, Inc. Discusses Current Projects And Results Of Annual Shareholders Meeting

JOHNSTOWN, Pa., Jan. 12 /PRNewswire-FirstCall/ -- EP Global Communications, Inc. (the Company), (Pink Sheets: EPGL), (, the parent company of Exceptional Parent ( EP) magazine, is releasing the following information related to announcements made by Joseph M. Valenzano, Jr., President & CEO. Valenzano has commented on the December 29, 2009 Annual Shareholders Meeting; recently concluded World Congress & Exposition on Disabilities; discussions with medical schools and clinics in Argentina and Chile who have expressed interest in EP Digital; role as a panelist at the Board of Governors of the Federal Reserve in Washington, D.C. in February; agreements with the U.S. Army, U.S. Coast Guard, and U.S. Marine Corps; grant for the continuation of the Exceptional Family Transitional Training (EFTT) project; and exploratory discussions with several companies in the nutraceutical market.

At the December 29, 2009 Annual Shareholders Meeting, both Diane Jones and Dan Baier, CPA were re-elected to the Board of Directors.  Additionally, the management-proposed Reverse Stock Split was defeated by a two to one voting margin.  "The Company respects the decision made by its shareholders but now must pursue another way to raise capital to fuel the growth articulated in the Vision Statement on the Company's website at," explained Valenzano. "In addition, we are in default under the terms of our existing Convertible Debt financing with NIR.  Accordingly, we are taking steps to initiate a Special Shareholders Meeting that we hope to convene in late February for the purpose of increasing the number of authorized shares from 2.0 billion to 5.0 billing, thus affording the ability to raise additional capital and honor our financial commitments.  Fortunately, NIR has expressed a willingness to cooperate with our plans and there are several companies and organizations who have expressed an interest in investing in EPGL and, pending the approval of the increase in authorized shares by our shareholders, this will allow us to move forward."
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EPGL $0.04 0.00%
AAPL $117.81 0.00%
FB $105.45 0.00%
GOOG $750.26 0.00%
TSLA $231.61 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs