Epic Corp. (EPOR.PK) Forms Strategic Relationship with Senior Care Holdings, Inc., Reveals 2010 Growth Initiatives

Epic determines its worth through the growth of its subsidiaries and affiliates, and operates under the sound philosophy that by providing opportunities for investment to healthcare companies, it grows not only its network of value but the industry as a whole.

Forming and financing development stage public companies (DSPC’s) in the healthcare sector, including real estate investment trusts which facilitate said companies, are essential to Epic’s growth strategy, which capitalizes on such growth by developing strategic third-party relationships and publicly trading the DSPC’s securities.

After eight years of looking for the perfect strategic relationship, Epic found Senior Care Holdings, Inc., which thrives in the growing senior sector of the healthcare industry, where the appropriate concerns of both companies synergize around independent and assisted living initiatives, as well as skilled nursing infrastructure.

This relationship with Senior Care gives Epic a great opportunity to get in on the ground floor with a company that is anticipated to move from virtually nil revenues to tens of millions of profits within a short time.

A recent update to shareholders by Epic CEO Ronald S. Tucker detailed activities for the fiscal quarter ending Dec. 31, 09, including the entry into a consulting agreement with Senior Care and the formation of Senior Care Communities Trust, Inc. (the Trust), as well as the acquisition of a 50% interest in a healthcare operating and service holding company.

Tucker talked about the consulting agreement with Senior Care and the “cash flow” it has produced, saying that the “joint venture assures EPIC a profit of $2M as of June 30, 2010, of which $1M is attributable as of Dec 31, 2009”, and noted that he saw “tremendous growth” potential through this joint venture with Senior Care.

Tucker also went over the fundamentals, pointing out that the 65-to-84 age group is outpacing all others in the U.S. Tucker further pointed out that this surge in demand hypertrophied the “dramatic lack of age-specific housing”, sending shockwaves of concern throughout the industry.

To understand just how big the potential market is and how much growth potential exists for relevant services and facilities, Tucker noted that “10 of Senior Care’s facilities had net revenues of $71,950,000 and net profit of $4,550,000 for the 12 months ending June 30, 2009.”

Tucker suggested that Epic was “uniquely positioned” to not only profit from Senior Care’s operations, but also to help them grow and expand operations via the Trust.

Epic will complete its audit in the second quarter in order to “blue sky” (a law designed to protect the public from buying fraudulent securities) the common stock. The Company will also begin taking up interests in Senior Care-operated facilities for Epic subsidiary RX Healthcare and qualifying the Trust Offering Statement with the SEC.