Epic Corp. (OTCPK:EPOR.D) announced a private placement of 10% five year promissory notes for gross proceeds of $2,000,000 on September 23, 2015. The minimum investment by an accredited investor is $25,000.

Each note will have an interest rate of 10% per annum with interest to be paid annually in cash or, in the company discretion, the company common stock. The holder of each note will have an option to use all or part of the note to purchase the company common stock at a price of $0.50 per share. The number of shares subject to an option is based on two shares for $1 loaned.

If and when the full $2,000,000 in notes are used to exercise the options, the holders would own 4,000,000 shares of the company common stock. The company will receive funding in tranches. The company will issue securities pursuant to exemption provided under Regulation D.