VW WIN CENTURY INC.
CompletedFormerly FlexFridge, Inc.
Spin-offSpun off from Epazz
The two companies
Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.
- Sector
- Technology
- Industry
- Household Appliances
- Exchange
- —
- State of incorporation
- IL
- Record date
- —
- Distribution date
- —
- Ratio
- 1:10
- Parent sector
- Services-Prepackaged Software
- Form
- 10-12B
- Filed
- January 21, 2015
Financials — parent vs spin-off
SEC XBRL · latest year- Revenue
- $2M
- Operating income
- −$5M
- Net income
- −$8M
- Total assets
- $1M
- Equity
- −$4M
- Revenue
- —
- Operating income
- −$4M
- Net income
- −$4M
- Total assets
- $34,096
- Equity
- −$793,050
Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.
Spin-off signals
score 1/5 favorable · factors, not advice- Focus-increasingNo — both Technology
Spin-offs into a different sector than the parent (pure-plays) have historically outperformed diversifying ones.
- Leverage (liabilities/assets)2426%
A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.
- Tax-basis reportNone found
A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.
- Insider buying (post-spin)1 open-market buy
Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.
- Time since spin-off11.3 years
Studies find the spin-off return premium concentrates in roughly the first one to three years.
Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗
Filings & documents
Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.