CHICAGO, IL -- (Marketwired) -- 09/26/13 -- Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced today that according to OTCShortReport.com, which provides updated naked short selling numbers as reported by FINRA, total short interest on Epazz, Inc. common stock is now at over 105 million shares for the month of September, 2013. Total Volume for the stock is during the month of September has been over 222 million shares. This gives a short interest in excess of 47 percent of the total volume.
Link to the report http://otcshortreport.com/index.php?index=EPAZ&action=view#.UkNZMIasi-1
Epazz, Inc.'s CEO, Shaun Passley, said, "Our Company is growing organically and through acquisitions. Revenues are increasing substantially and yet the short sales continue to increase. At some point, probably sooner than later, we expect to see this trend turns around. We have concluded all funding activities at this stage so there is no reason to see the short sales continue to increase. We will not cave in to this pressure and we will continue to produce at an ever increasing pace as time goes on."
About Epazz Inc. (www.epazz.com)
Epazz Inc. 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. Epazz BoxesOS™ 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™, a room scheduling software and K9Bytes™, a kennel software.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as "may," "expect," "intend," "estimate," "anticipate," "believe," or "continue" (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results or implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz. Investors are encouraged to review Epazz's public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-K's and Form 10-Q's, which contain general business information about the Company's operations, results of operations and risks associated with the Company and its operations. Penny stock picks need to be research. Do your homework. Please review all of our filings.
Source: Epazz, Inc.