Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ya, Ameritrade states only 340k in the float and can’t short or trade via online, have to call. The operators control this stock.
Damn...back to .05.
Wow...back to .10. Very thin in both directions.
4 acquisitions were made in the last week. That’s why the surge in volume and price. Once people start picking up on this it will probably jump up over .3 (Likely much higher considering how easily it moved to .2 with almost no attention on it).
https://www.google.ca/amp/s/www.fidaily.com/2019/04/24/merriman-wealth-management-llc-has-342000-holdings-in-invesco-trust-for-investment-grademncpls-vgm.html/amp
There are more links but they are easy to google.
https://www.google.ca/amp/s/www.fidaily.com/2019/04/24/merriman-wealth-management-llc-acquires-new-holdings-in-focus-financial-partners-inc-focs.html/amp
I’ll wait until an official statement is made.
Momentum was up 800% yesterday and volume was up over 1600%. I think that was the highest volume of any stock yesterday. Some updates were also made on otcmarkets.com as well. Also, the sell orders are poised at .37 (if I remember correctly from yesterday). Someone out there knows something and is loading up.
That might be the play....post it at: https://investorshub.advfn.com/The-next-BIG-CUSTODIAN-play-35974/
Correction: I think there may be a custodianship in play. Eventually that leads to a reverse merger, but for now I think a petition for custodianship has been submitted. I check.
There could be a reverse merger in play.
I think someone is buying the shell for their own biz?? unusual volume.
Anyone know what is up with MERR today?
Where do you sign up to receive promo info
Who cares about their financials? Learn how to trade promotion$$$
Figured. Their financials are horrible lol
Bitcoin Investment Trust Selects Merriman Capital as Designated Advisor for Disclosure
Read more: http://www.nasdaq.com/press-release/bitcoin-investment-trust-selects-merriman-capital-as-designated-advisor-for-disclosure-20150505-00758#ixzz3ZHAbOaF3
Blue Calypso Announces Appointment of Jon Merriman to Blue Calypso Board of Directors
Dec 23, 2014 06:00:00 (ET)
Blue Calypso Announces Appointment of Jon Merriman to Blue Calypso Board of Directors
DALLAS, Dec. 23, 2014 (GLOBE NEWSWIRE) -- Blue Calypso, Inc. (OTCBB:BCYP) (the "Company"), developer of patented mobile consumer engagement and social advocacy solutions for retailers and product manufacturers, announces the appointment of Jon Merriman to the Board of Directors.
"Jon and his team have been great partners in helping the Company with capital markets matters. More than that, Jon has grit, tenacity and a rare and refreshing vision that I appreciate," said Andrew Levi, co-CEO Blue Calypso. "Jon's passion for growth companies will help us more efficiently engage with our new and current investors as well as attack new markets as we continue to expand our business."
As co-chairman and CEO of Merriman Holdings, Inc., Jon Merriman is responsible for the overall strategic direction of the firm as well as working closely with the firm's clients. He actively advises fast-growing public and private companies on complex capital market and financing issues and works directly with growth-oriented investors. With more than 25 years of experience in the investment banking and brokerage business, he brings deep experience in relationship management, corporate turnarounds and building growth companies. His extensive institutional and personal network and his trading experience give him a unique perspective when working with investment banking clients, as well as institutional investors.
Prior to forming Merriman Capital, Merriman was Managing Director and the head of the Wells Fargo Securities equity group, formerly First Security Van Kasper, and served on FSVK's Board of Directors. Merriman was subsequently appointed Chairman and CEO of publicly traded telecom company Ratexchange, which he restructured into Merriman Curhan Ford, now known as Merriman Capital. He has served on several private and public company boards over the course of his career and has been a frequent guest on Bloomberg TV, as well as CNBC's show "Fast Money," and has been a regular contributor to financial publications such as The Wall Street Journal, Barron's and The Daily Deal.
"I'm excited to join the board of Blue Calypso at this critical inflection point in the company's growth. While the recent patent wins are very significant, I'm especially excited about Blue Calypso's near term path to profitability and their core business, which touches on so many opportunities. Mobile is critically important to anyone who sells to the consumer, and it continues to grow in relevance every day. Blue Calypso's strong team and significant patent position sets them up for some potentially big commercial wins," said Jon Merriman, co-chairman and CEO of Merriman Holdings, Inc.
About Blue Calypso, Inc.
Blue Calypso, Inc. (OTCBB:BCYP) develops and delivers mobile engagement and social advocacy solutions for retailers and product manufacturers using its patented portfolio of products including Mobile ADvantage(TM), DashTAGG(R) and SocialECHO(TM). The Company employs their unique platform to connect consumers to brands, drive store traffic, increase shopper spend and shorten the path-to-purchase. The Blue Calypso platform includes extensive big data analytics, tracking consumer engagement such as the spread of shared content, attribution, geo-location and offer redemption. Brands on this platform have key insight into the performance of their content and the sentiment of their customers in real-time. For more about the Company please visit www.bluecalypso.com
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Corporate Services Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com. Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All operations on the Digital Capital Network are currently being executed by Merriman Capital, Inc.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
CONTACT: Blue Calypso, Inc.
Laurie Stovall
800-378-2297
lstovall@bluecalypso.com
Corporate Services Advisor
Merriman Capital, Inc.*
Alexandra Petek
415-248-5681
apetek@merrimanco.com
*Member FINRA / SIPC
(MORE TO FOLLOW) Dow Jones Newswires
December 23, 2014 06:00 ET (11:00 GMT)
$SPRWF - Supreme Pharmaceuticals, Inc. Selects Merriman Capital as Capital Markets Advisor
Read more: http://www.nasdaq.com/press-release/supreme-pharmaceuticals-inc-selects-merriman-capital-as-capital-markets-advisor-20140917-00487#ixzz3DaSQekYi
Merriman Capital Announces Update Call with True Drinks Holdings
Read more: http://www.nasdaq.com/press-release/merriman-capital-announces-update-call-with-true-drinks-holdings-20140915-00474#ixzz3DPgRFTk4
Merriman Holdings Director Ronald L. Chez Buys 18,000 Shares of Stock (MERR)
http://tickerreport.com/banking-finance/285348/insider-buying-merriman-holdings-director-ronald-l-chez-buys-18000-shares-of-stock-merr/
Merriman Holdings, Inc. Doubles Revenues First Half 2014 Over 2013
Read more: http://www.nasdaq.com/press-release/merriman-holdings-inc-doubles-revenues-first-half-2014-over-2013-20140814-00986#ixzz3APJa0gyP
Merriman Holdings Announces Release of Second Quarter 2014 Financial Results and Conference Call
Read more: http://www.nasdaq.com/press-release/merriman-holdings-announces-release-of--second-quarter-2014-financial-results-and-conference-call-20140811-00963#ixzz3A7pXuHKd
Merriman Holdings Names Steven Cinelli to its Independent Advisory Board
Read more: http://www.nasdaq.com/press-release/merriman-holdings-names-steven-cinelli-to-its-independent-advisory-board-20140804-00448#ixzz39SXCItA6
Reverse-Split Happy
Security Notes
*Capital Change=shs decreased by 1 for 250 split. Effective date=6-8-98
*Capital Change=shs decreased by 1 for 7 split Pay date=11/16/2006.
*Note = Company delisted from NASDAQ on 11/23/11
*Capital Change=shs decreased by 1 for 7 split Pay date=08/16/2010.
*Capital Change=shs decreased by 1 for 30 split.Ex-date=07/14/2014.
Formerly=Merriman Curhan Ford Group, Inc. until 8-2010
Formerly=MCF Corp. until 5-2008
Formerly=RateXchange, Inc. until 7-03
Formerly=NetAmerica.com Corp. until 6-00
Formerly=NetAmerica International Corp. until 5-99
Formerly=Venture World Ltd. until 9-98
$MLSS - Merriman Capital Initiates on Milestone Scientific, Inc. with a Buy Rating
SAN FRANCISCO - July 17, 2014 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced that it has initiated equity research coverage of Milestone Scientific, Inc. (OTCQB: MLSS) with a Buy rating and a $3.00 price target.
Milestone Scientific's injection technology for the medical and dental markets can uniquely identify the tissue targeted for injection. This proprietary technology ensures the practitioner knows the location of the tip of the needle in real-time. This ability should have broad repercussions in the medical community. Clinical evidence for Milestone's core technology has demonstrated potential benefits for a variety of applications, including epidurals, intra-articular injections, colorectal surgery, podiatry, dermatology, nasal/sinus surgery, hair transplant and cosmetic surgery. Milestone Scientific has 24 issued patents and has won a number of awards over the past three years in the dental community, where Milestone currently derives its revenue. In dentistry, it is the first major breakthrough in injection technology since the invention of the hypodermic syringe in the 1860s. Milestone is awaiting FDA and CE approval for its epidural and intra-articular instruments.
CLICK HERE FOR FULL REPORT
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Brian Murphy
Analyst
Equity Research
(646) 292-1411
Adriana Piltz
Director of Research
Merriman Capital, Inc.
(646) 292-1424
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
For Disclosures please see full report in the link above.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1829377
$CMETF - Merriman Capital Announces Sponsorship of Chilean Metals Inc. on OTCQX
SAN FRANCISCO - July 15, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it will serve as the Principal American Liaison (PAL) for Chilean Metals, Inc. (OTCQX: CMETF) ("the Company") as it begins trading on OTCQX®. The OTC announced today that the Company is now trading on the OTC market's highest tier, the OTCQX.
OTCQX is the premier tier of the OTC markets. OTCQX traded companies are distinguished from more than 9,000 securities traded Over-the-Counter. These companies meet more stringent financial standards and undergo a qualitative review process. For international issuers, a PAL is selected by an OTCQX traded company to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience. PAL eligibility is limited to FINRA member investment banks or ADR banks.
"We are very pleased to add Chilean Metals to our expanding universe of OTCQX companies," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Chilean Metals management team in our capacity as their PAL to the OTCQX market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About Chilean Metals, Inc.
Chilean Metals Inc. an exploration stage mining company owns six 100%-owned properties comprising over 50,000 acres strategically located in the prolific IOCG ("Iron oxide-copper-gold") belt of Chile. Two of these projects are under review by third parties for possible purchase or joint venture. In addition Chilean Metals owns a 3% net smelter royalty (NSR) received from the recent sale of its Copaquire project to the Chilean subsidiary of Teck Resources Inc. Copaquire was adjacent Teck's operating Quebrada Blanca mine. Teck has the option to buy back 1% of the NSR for US$3 million at any time.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-Kfiled on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1826152
lol TO DA MOOOOOOON
$MERRD as of today
R/S 12:46 7/14/2014 MERR Merriman Holdings, Inc MERRD Merriman Holdings, Inc NEW Common Stock 1-30 R/S **
$TTNP - Highline Research Advisors Initiates on Titan Pharmaceuticals with a Buy Rating
SAN FRANCISCO - July 7, 2014 -Michael Higgins from Highline Research Advisors, part of Financial Entrepreneur Platform at Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it has initiated equity research coverage of Titan Pharmaceuticals, Inc. (OTCQB: TTNP) with a Buy rating and a $3.00 price target.
Titan Pharmaceuticals, Inc. is a South San Francisco based specialty pharmaceutical company actively developing Probuphine as its lead program. Probuphine is comprised of four implants, each containing 80mg of buprenorphine (BUP) for the treatment of opioid addiction. Probuphine is comprised of a polymer and BUP, which is continuously released in a linear fashion over a six month period before being removed from below the skin of an upper, inside arm. The company has met all of the co-primary endpoints from four Phase 3 trials and 13 of 14 secondary endpoints with adverse events comparable to placebo pills and placebo rods. There were no adverse cardiovascular or renal signals, with no serious adverse events. Titan filed for regulatory approval in the United States in October of 2012 and under Priority Review was issued a Complete Response Letter in April of 2013, despite the recommendations of an FDA Advisory Panel the prior month (see Exhibit 1). Titan reached a development and marketing agreement for the North American market with Braeburn Pharmaceuticals, which is a privately held company that was founded in 2012 by a private venture capital firm, Apple Tree Partners. Braeburn owns ~11% of Titan's equity and is obligated to pay for the fifth Phase 3 trial, all marketing costs and clinical costs for a chronic pain indication.
FOR FULL REPORT AND IMPORTANT DISCLOSURES PLEASE CONTACT Michael Higgins at mhiggins@highlineresearchadvisors or (917) 903-5254 and/ or Adriana Piltz at apiltz@merrimanco.com or (646) 292-1424.
About Highline Research Advisors
Highline Research Advisors, is an institutional investment banking group providing premium services to leading companies in the healthcare sector. We offer the full spectrum of investment banking services, including financings, equity research, M&A and advisory services to clients across the full range of market capitalizations, from start-ups to Big Pharma companies. Our focus is on providing differentiated, high value added services to companies led by high quality management teams.
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
New Oriental Disclosures:
INVESTMENT RECOMMENDATION RELATED RISK FACTORS
Investment risks associated with the recommendations and views herein include, but are not limited to, a company's failure to achieve New Oriental Capital's earnings and revenue estimates; unforeseen global and domestic macroeconomic and/or industry events that affect demand for a company's products or services; changes in investor sentiment regarding the specific company or industry; intense and rapidly changing competitive pressures; the continuing development of industry standards; the company's ability to recruit and retain competent personnel; and adverse market conditions.
This report reflects the results of our research as of the date of this report. Our research results are subject to change at any time as new or additional data and information is received and analyzed. New Oriental Capital undertakes no duty to update this report, or to provide supplemental information to any client receiving this report, absent a specific arrangement to the contrary between New Oriental Capital and individual clients, which arrangement may specify different frequency and depth of analysis and update commitments based on levels of service and fees selected by clients. Any opinions, forecasts or estimates in this report may present a possible outcome on the basis of assumptions set out herein and represent only one possible outcome and are the independent view of the author(s) of this report only. These opinions, forecasts or estimates are subject to risks, uncertainties and assumptions and there can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates.
GENERAL INFORMATION
This report is for the institutional clients and prospective clients of New Oriental Capital, LLC, each of whom assume all risk and liability with regard to any use or application of the data included herein. Other than disclosures relating to New Oriental Capital, this research report is based on current information that New Oriental Capital considers reliable, but we do not represent it is accurate or complete, and it should not be relied on as such. New Oriental Capital seeks to update our research reports as appropriate, but various regulations may prevent us from doing so. Other than certain industry reports published on a periodic basis, the large majority of reports are published at irregular intervals as appropriate in the analyst's judgment. Reproduction or editing by any means, in whole or in part, or any unauthorized use, disclosure or redistribution of the contents without the express written permission of New Oriental, LLC is strictly prohibited.
This research report is intended for informational purposes only. Under no circumstances is this report to be considered as an offer to sell or solicitation of an offer to buy any securities of any company. Users assume the entire cost and risk of any investment decision they choose to make, New Oriental Capital, LLC shall not be liable for any loss or damages resulting from the use of the information contained in the report, or for error of transmission of information, or for any third party claims of any nature.
New Oriental Capital provides the information and data contained herein on an "as is", "as available" basis, without representations or warranties of any kind whatsoever, expressed or implied. The information in this report may be incomplete and may not contain material information relating to the subject matter of the report. New Oriental Capital has no authority whatsoever to give any information or make any representation or warranty on behalf of the company or companies that are the subject of this report, any of its shareholders or any other person in connection therewith and this report has not been authorized or approved by said company or companies. Nothing herein shall constitute a waiver or limitation of any person's rights under relevant federal or state securities laws.
It should be noted that all proprietary analyses provided by New Oriental Capital in this report are derived from New Oriental Capital's analytic expertise, market knowledge, and use of the data it collects. Some of the information in this report may have been obtained from confidential and proprietary sources.
This research report is not an offer to sell, or the solicitation to buy, any security in any jurisdiction where such an offer or solicitation would be illegal or unlawful. It does not constitute a personal recommendation, nor does it take into account the particular investment objectives, financial situations, or needs of individual clients. Clients should consider whether any advice or recommendation in this research is suitable for their particular circumstances and, if appropriate, seek professional advice, including tax advice. The price and value of investments referred to in this research and the income from them may fluctuate. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from, certain investments.
All material contained in this report is the property of New Oriental Capital unless otherwise indicated. All trademarks, service marks, logos and trade names used in this report are proprietary to New Oriental Capital or other respective owners. This report is proprietary, confidential and provided for the exclusive use of the recipient. Any unauthorized use of the content of this report, including disclosure of confidential information contained within, is strictly prohibited.
In no event shall New Oriental Capital or its officers, directors, affiliates, shareholders or employees be liable for any damages including special, incidental, or consequential damages that are directly or indirectly related to this report, including, without limitation, lost revenue or anticipated profits or lost business, and in no event shall the total liability of New Oriental Capital for any and all losses and causes of action [whether in contract or in tort, including negligence or otherwise] arising from this report exceed in the aggregate the subscription fees paid to New Oriental Capital by the applicable client for this report.
At Merriman:
Michael Higgins
Highline Research Advisors
(917) 903-5254
Adriana Piltz
Director of Research
Merriman Capital, Inc.
(646) 292-1424
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1816588
http://online.wsj.com/article/HUG1816588.html
To approve an amendment of the Certificate of Incorporation to effect a reverse stock split at a ratio of up to 1-for-30
$LXVTF - Merriman Capital Announces Sponsorship of LX Ventures, Inc. on OTCQX
SAN FRANCISCO - June 30, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it will serve as the Principal American Liaison (PAL) for LX Ventures, Inc. (OTCQX: LXVTF) ("the Company") as it begins trading on OTCQX®. The OTC announced today that the Company is now trading on the OTC market's highest tier, the OTCQX.
OTCQX is the premier tier of the OTC markets. OTCQX traded companies are distinguished from more than 9,000 securities traded Over-the-Counter. These companies meet more stringent financial standards and undergo a qualitative review process. For international issuers, a PAL is selected by an OTCQX traded company to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience. PAL eligibility is limited to FINRA member investment banks or ADR banks.
"We are very pleased to add LX Ventures to our expanding universe of OTCQX companies," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the LX Ventures management team in our capacity as their PAL to the OTCQX market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About LX Ventures, Inc.
LX Ventures is primarily focused on the development of Mobio INsider, a fan-directed social media platform that allows influencers to monetize high rates of fan engagement. The Company also operates Strutta, a converged social promotions platform. LX Ventures is a publicly traded company on the TSX-V, headquartered in Vancouver, BC. To learn more, visit http://www.lxventures.com.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-Kfiled on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1807770
$CTSO - Merriman Capital Initiates Research Coverage on CytoSorbents Corporation
SAN FRANCISCO - June 19, 2014 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced that it has initiated equity research coverage of CytoSorbents Corporation (OTCQB: CTSO) with a Buy rating.
CytoSorbents Corporation, headquartered in Monmouth Junction, New Jersey, is a critical care immunotherapy company, developing technologies to prevent or control inflammation using blood purification. The company's patented technology has the ability to extract harmful substances directly from the blood by providing physicians with a consumable plug-and-play blood purification cartridge capable of filtering at much more granular levels than before. CTSO's flagship device, CytoSorb®, has received CE Mark approval which opens the door for the company to sell into critical care facilities across the EU as well as the majority of other international regions once appropriate product registrations are completed.
CLICK HERE FOR FULL REPORT
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Adriana Piltz
Director of Research
Merriman Capital, Inc.
(646) 292-1424
Andrew D'Silva
Director
Equity Research
(415) 568-3927
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
For Disclosures please see full report in the link above.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1796590
$TRUU - Merriman Capital Initiates on True Drinks Holdings, Inc. with a Buy Rating
SAN FRANCISCO - June 11, 2014 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced that it has initiated equity research coverage of True Drinks Holdings, Inc. (OTCQB: TRUU) with a Buy rating and a $2.20 price target.
True Drinks develops and markets healthy beverages such as naturally flavored water and energy drinks. The Company's flagship product, AquaBallTM Naturally Flavored Water, is sugar-free, calorie-free and does not contain harmful sweeteners. AquaBall is a healthy hydration alternative to high sugar drinks for children, and the Company has licensing agreements with Disney and Marvel and distribution to over 28,500 stores nationwide. The current management team brings significant international food and beverage distribution experience. True Drinks was founded in 2008 and is headquartered in Irvine, CA.
True Drinks operates the majority of its sales, R&D and corporate infrastructure through its headquarters in Irvine, California and manufactures the majority of its products at three packing/manufacturing facilities located in New York, California and Texas. TRUU went public through a reverse merger in October of 2012. Since its inception, TRUU has established a distribution presence that encompasses over 26,000 retail storefronts with leading chains such as Albertsons, Kroger, Winn Dixie, H-E-B, Bristol Farms, Gelson's, WinCo, Sam's Club and Rite Aid. The company has also forged exclusive branding partnerships with Disney and Marvel, which provide TRUU with a unique marketing opportunity that should ultimately augment customer acquisition rates. TRUU generates revenue through the sale of its AquaBall line to brick-and-mortar retailers and direct-to-consumer sales of AquaBall and Bazi over the internet.
CLICK HERE FOR FULL REPORT
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Adriana Piltz
Director of Research
Merriman Capital, Inc.
(646) 292-1424
Andrew D'Silva
Director
Equity Research
(415) 568-3927
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
For Disclosures please see full report in the link above.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1792196
Merriman Capital Markets Advisory Group Hosting Emerging Technology Spotlight Investor Event
(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - June 5, 2014 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (otcqx:MERR), is pleased to announce that it will be hosting an investor event highlighting three Bay Area-based technology companies.
When: Thursday, June 12, 2014 from 2:30pm - 5:00pm
Presenting Companies:
- Ekso Bionics: Nathan Harding, Co-Founder & CEO
- Enmetric Systems: Jake Masters, Founder & CEO
- hopTo: Jean-Louis Casabonne, CFO
For more information on the event or if you would like to attend please RSVP to Becky Popoff at bpopoff@merrimanco.com.
Merriman Capital Spotlight is dedicated to offering its Capital Markets Advisory Group clients access and exposure to the investment community in an informal, yet focused environment. The Capital Markets Advisory Group provides unique, high growth small and micro capitalized public companies with access to a full range of banking, brokerage and corporate advisory services. We guide our clients with the provision of key market insight, corporate brokerage and trading services, as well as access to a variety of capital solutions.
"We are delighted to follow up our highly successful Spotlight series with a focus on leading technology companies from our network of Capital Markets Advisory clients," said Douglas Rogers, Head of Capital Markets Advisory Group. "We have a great line up of presenters and are looking forward to another successful event."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com .
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com . Please click on "Investor Relations."
# # #
At Merriman:
Managing Director
Merriman Capital, Inc.
(415) 248-5612
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1790840
Copyright (C) 2014 Thomson Reuters ONE. All rights reserved.
$MERR - Merriman Capital, Inc.'s Differentiated Digital Capital Network Exceeds $300MM in Alternative Investments
SAN FRANCISCO, June 3, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced as of today there are over $300 million in alternative investments listed on the Digital Capital Network ("DCN").
"The DCN is allowing our investor community to view multiple offerings across various industry verticals in a compliant, streamlined fashion," said Will Febbo, Merriman's COO who oversees the DCN. "By coupling a robust cloud based platform with a registered Broker-Dealer, we are clearly differentiated from other platforms in the microcap/crowdfunding capital raising world. The number of family offices, ultra high net worth investors and institutions, as well as issuers, is expanding daily which is critical to the investment process."
Since the start of 2014 the DCN has accomplished the following:
1) Facilitated over $20 million of completed transactions
2) Listed over $200 million in private placements, ranging from "Series A" technology to real estate
3) Listed over $1.1 billion in asset management products
4) Registered several hundred institutions, high net worth and family office investors
5) Established several strategic partnerships to facilitate innovative deal flow
6) Continued technological improvements for all user types
"The early progress of the DCN in attracting issuers and investors has exceeded our expectations," commented Jon Merriman. "We are particularly pleased that the DCN has already helped to facilitate the closing of multiple transactions. There is a huge need for sophisticated investors to see curated, high quality deal flow, ranging from early stage technology to large dividend driven real estate transactions. We will continue to build on relationships such as our recently announced partnerships with market leaders like The Carlton Group and Fantex Brokerage Services (FBS) to significantly expand our product reach."
About Merriman Capital, Inc. and Digital Capital Network
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, as well as Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At the Company:
Will Febbo
Merriman Capital, Inc.
Chief Operating Officer
(415) 248-5603
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1790175
$XXMMF - Ximen Now Trading on OTCQX Marketplace
May 28, 2014 09:02:00 (ET)
Ximen Now Trading on OTCQX Marketplace
VANCOUVER, British Columbia, May 28, 2014 (GLOBE NEWSWIRE) -- Ximen Mining Corp. (the "Company" or "Ximen") (TSX-V:XIM) (OTCQX:XXMMF) is pleased to announce that Merriman Capital Inc. will serve as our Principal American Liaison (PAL) as we begin trading on OTCQX(R), the best marketplace for qualified companies. OTC Markets Group announced today that Ximen is now trading on OTCQX.
OTCQX is the top marketplace of the U.S. OTC market. OTCQX traded companies are distinguished among the 10,000 securities traded OTC. These companies meet more stringent financial standards and undergo a qualitative review process. International companies on OTCQX must also be sponsored by a Principal American Liaison ("PAL"), a FINRA member investment bank, securities law firm or ADR bank, to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience.
"We are very pleased to add Ximen Mining to our expanding universe of OTCQX companies," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Ximen Mining management team in our capacity as their PAL to the OTCQX marketplace."
"Trading on OTCQX is a positive step forward in expanding the points of access to our U.S. investors," says Christopher R. Anderson, CEO, President and Directory of Ximen Mining Corp. "With this new access, Ximen is excited to increase our U.S. market visibility as we become actively engaged in our work programs on our precious metal assets in Southern BC."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in its two projects, Gold Drop Project and Brett Gold Project located in southern British Columbia. Recently the company has entered into a due diligence agreement with Huldra Silver Inc. for the purposes of determining the feasibility, terms and conditions of a proposal for the acquisition of Huldra Silver. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, and is listed on the Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN number is A1W2EG, and trading on the OTCQX marketplace in the U.S. under the symbol XXMMF.
On behalf of the Board of Directors,
"Christopher R. Anderson."
Christopher R. Anderson, President, CEO and Director, Ximen Mining Corp.
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT: For further information, please contact Ward Kondas
604-488-3900 or by email at ward@ximenminingcorp.com.
(MORE TO FOLLOW) Dow Jones Newswires
May 28, 2014 09:02 ET (13:02 GMT)
$TAIPF - Merriman Capital Announces Sponsorship of Taipan Resources, Inc. on OTCQX
(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - May 23, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (otcqx:MERR), announced today that it will serve as the Principal American Liaison (PAL) for Taipan Resources, Inc. (otcqx:TAIPF) ("the Company") as it begins trading on OTCQX(R). The OTC announced today that the Company is now trading on the OTC market's highest tier, the OTCQX.
OTCQX is the premier tier of the OTC markets. OTCQX traded companies are distinguished from more than 9,000 securities traded Over-the-Counter. These companies meet more stringent financial standards and undergo a qualitative review process. For international issuers, a PAL is selected by an OTCQX traded company to serve as a liaison between the issuer and the U.S. market. The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience. PAL eligibility is limited to FINRA member investment banks or ADR banks.
"We are very pleased to add Taipan Resources to our expanding universe of OTCQX companies," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to sponsoring and supporting the Taipan Resources management team in our capacity as their PAL to the OTCQX market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com .
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .
About Taipan Resources, Inc.
Taipan Resources Inc. (otcqx:TAIPF) CA:TPN +12.00% is an independent, Africa-focused oil exploration company with interests in Block 1 and Block 2B onshore Kenya through its wholly owned subsidiary Lion Petroleum Corp.
Taipan operates and holds a 45% working interest in Block 2B (1.35 million acres / 5,464 km2) and a 20% working interest in Block 1 (5.497 million acres / 22,246 km2) which is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc. To learn more about Taipan Resources, please visit their website: http://www.taipanresources.com/
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com .
Note to Investors
# # #
At Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1788147
Copyright (C) 2014 Thomson Reuters ONE. All rights reserved.
Merriman Capital Advisory Clients Presenting at the Third Annual Marcum LLP Microcap Conference
SAN FRANCISCO, May 22, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), is pleased to announce the firm's advisory clients that will be presenting at the Third Annual Marcum LLP MicroCap Conference. The conference will be held on Thursday, May 29, 2014 in New York City at the Grand Hyatt Hotel.
"Marcum hosts one of the premier microcap conferences anywhere," commented Douglas Rogers, Managing Director and Head of the Capital Markets Advisory Group at Merriman Capital. Doug continued, "It is one of the best opportunities of the year for Merriman's Capital Markets clients to gain critical exposure with a high quality investor audience. We are proud to be a Platinum sponsor for the third year in a row, and invite conference attendees to meet our presenting clients."
Cryoport (OTC: CYRX) - Presentation: 9amET, Track: Healthcare & Life Sciences, Breakout: Julliard
http://www.cryoport.com/
Calpian Inc. (OTC: CLPI) - Presentation: 11amET, Track: Financial & Asset Management Services, Breakout: Morosco
http://www.calpian.com/
Medient Studios (OTC: MDNT) - Presentation: 11:30amET, Track: Technology, Media & Telecommunication, Breakout: Plymouth
http://www.medient.com/
hopTo (OTC: HPTO) - Presentation: 2:00pmET, Track: Technology, Media & Telecommunication, Breakout: Julliard
http://hopto.com/
American Sands Energy (OTC: AMSE) - Presentation: 2:30pmET, Track: Energy & Natural Resources, Breakout: Edison
http://www.americansands.com/
Pressure BioSciences (OTC: PBIO) - Presentation: 2:30pmET, Track: Healthcare & Life Sciences, Breakout: Winter Garden
http://www.pressurebiosciences.com/
Milestone Scientific (OTC: MLSS) - Presentation: 2:30pmET, Track: Healthcare & Life Sciences, Breakout: Alvin
http://www.milesci.com/
SNAP Interactive, Inc. (OTC: STVI) - Presentation: 3:30pmET, Track: Technology, Media & Telecommunication, Breakout: Plymouth
http://www.snap-interactive.com/
Blue Calypso (OTC: BCYP) - Presentation: 4:00pmET, Track: Technology, Media & Telecommunication, Breakout: Plymouth
http://bluecalypso.com/
Midwest Energy Emissions (OTC: MEEC) - Presentation: 4:30pmET, Track: Energy & Natural Resources, Breakout: Edison
http://www.midwestemissions.com/
For more information on the conference and a complete list of companies that are confirmed to participate, please visit http://www.marcumllp.com/MicroCap.
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, as well as Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; MarcumBuchanan Associates LLC; and Marcum Cronus Partners LLC. For more information, visit www.marcumllp.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At the Company:
Douglas Rogers
Merriman Capital, Inc.
Managing Director
(415) 248-5612
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1787800
Merriman's Digital Capital Network Partners with Fantex Brokerage Services
(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - May 20, 2014 - Digital Capital Network (DCN), owned by Merriman Holdings, Inc. (otcqx:MERR), announced today a partnership with Fantex Brokerage Services (FBS).
Under the arrangement, Merriman will make available to its clients, through the Merriman DCN, offering materials related to the initial public offering of Fantex, Inc. tracking stocks. These tracking stocks are linked to the value and performance of brands of professional athletes. Through FBS, eligible Merriman clients will have the opportunity to participate in these offerings.
"We are pleased to be working with Fantex Brokerage Services and are excited to have the opportunity to offer our customers the ability to potentially participate in the initial public offerings of Fantex, Inc. tracking stocks. The entrepreneurial team at Fantex has created a viable, totally new financial asset class, a significant accomplishment. With the recent completion of their first IPO they have turned an exciting concept into reality," commented Jon Merriman.
"We believe the use of the Merriman DCN will enhance our ability to build a marketplace that allows investors to buy shares in a tracking stock linked to the value and performance of an athlete's brand," said John Rodin, President of Fantex Brokerage Services.
"As we broaden the types of products we are marketing on our platform, we believe this new asset class will be of particular interest to our family office and ultra-high net worth networks that populate the DCN," stated Merriman.
About Merriman Capital, Inc. and Digital Capital Network
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, as well as Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: www.digitalcapitalnetwork.com .
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .
Note from Merriman to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Fantex, Inc. has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Fantex, Inc. has filed with the SEC for more complete information about Fantex, Inc. and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov . In addition, they can be found at https://fantex.com/fantex-vernon-davis-215595/prospectus and https://fantex.com/fantex-ej-manuel-461919/prospectus . Alternatively, Fantex, Inc., any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 866-315-3482. This is not an offer to sell, nor a solicitation of an offer to buy, to residents of any state in which registration and other legal requirements have not been fulfilled.
# # #
Will Febbo
Chief Operating Officer
Merriman Capital, Inc.
(415) 248-5603
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1787061
Copyright (C) 2014 Thomson Reuters ONE. All rights reserved.
$PEGA - MERRIMAN CAPITAL INITIATES COVERAGE ON PEGASYSTEMS INC. AT BUY, ANNOUNCES $24.00 PT
undefined undefined | S&P Capital IQ
SNPMarketScopeViewsNews2014-05-15 09:45:44.000PEGAPEGASYSTEMS INC.Acquire MediaMERRIMAN CAPITAL INITIATES COVERAGE ON PEGASYSTEMS INC. AT BUY, ANNOUNCES $24.00 PT Merriman Capital initiates coverage on Pegasystems Inc. (NASDAQ: PEGA) with a Buy rating and a $24.00 price target. 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Acquire Media|US;PEGA|547|US|227325
$MCWEF - Merriman Capital Announces Sponsorship of MCW Energy Group, Ltd. on OTCQX
SAN FRANCISCO - May 15, 2014 - Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), announced today that it will serve as the Principal American Liaison ("PAL") for MCW Energy Group, Ltd. (OTCQX: MCWEF) ("the Company") as it begins trading on OTCQX®, which is the OTC market's highest trading tier.
OTCQX traded companies are distinguished from more than 9,000 securities traded Over-the-Counter. These companies meet more stringent financial standards and undergo a qualitative review process. For international issuers, a PAL is selected by an OTCQX traded company to serve as a liaison between the issuer and the U.S. market.
The PAL can help the issuer communicate more effectively with the U.S. investment community by leveraging the PAL's resources and capital markets experience. PAL eligibility is limited to FINRA member investment banks or ADR banks.
"We are very pleased to add MCW Energy Group to our universe of companies trading on the OTCQX," commented Douglas Rogers, Managing Director of Merriman's Capital Markets Advisory Group. "Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to assisting MCW Energy Group management team in our capacity as their PAL to the OTCQX market."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.
About MCW Energy Group, Ltd.
MCW Energy Group Limited is focused on value creation as (i) a distributor of gasoline and diesel fuels to service stations in Southern California for 75 years, having revenue in the fiscal year ending August 31st, 2011 of US$241.5 million, revenue of US$363.3 million for the fiscal year ending August 31st, 2012, and revenue of US$431.9 million for the fiscal year ending August 31st, 2013, and (ii) as a developer of proprietary technology for the extraction of oil from oil sands at its first field in Asphalt Ridge, Utah, USA. MCW's management team is comprised of individuals who have extensive knowledge in both conventional and unconventional oil and gas projects and production, as well as refinery and fuel distribution experience.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward -looking statements in this news release, include, but are not limited to the commercial viability of the technology and the extraction plant, economic performance and future plans and objectives of MCW. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although MCW believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, MCW disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014 . Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-Kfiled on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."
# # #
At Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1785215
$$$$MERR$$$$ $0.170 +0.060 (+54.55%)
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!
WAKE UP BITCHES!!!!!!!
Merriman Holdings Names Jim Ashton to its Independent Advisory Board
http://www.marketwatch.com/story/merriman-holdings-names-jim-ashton-to-its-independent-advisory-board-2014-05-06?reflink=MW_news_stmp
(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - May 5, 2014 - Merriman Holdings, Inc. (otcqx:MERR), the parent company of Merriman Capital, Inc., today announced that it has appointed Jim Ashton to its independent advisory board.
Jim Ashton is the Managing Partner of JA3Partners, LLC, an executive advisory firm that he founded in January 2011. Based in Philadelphia, his firm provides executive consulting to private equity firms and their portfolio companies in the area of business strategy, operational improvement, sales optimization, and M & A.
Prior to starting his own firm, Jim was Chief Executive Officer for SunGard's Financial Systems division, a $2.5 billion business with 13,000 employees worldwide. While at SunGard, Jim led software and service businesses in the areas of Wealth Management, Insurance, Corporate Treasury, Trading, Risk Management, Brokerage and Consulting Services. He also sponsored and integrated numerous key acquisitions and played an important role in SunGard's 2005 $11.3 billion leveraged buy-out with a consortium of private equity firms.
Prior to SunGard, Jim held senior management positions at Premier Solutions Inc., a Safeguard Scientifics technology company that was acquired by SunGard in 1997. He began his career at EDS in Dallas where he held various technical, sales, and managerial positions during a span of 10 years.
Jim is currently on the board of Ultimus Fund Solutions, Lumesis, Wealthcare Capital Management, AG Delta of Singapore and is a past board member of the International Association of Financial Engineers (IAFE). He is also an operating partner with various venture capital and private equity firms.
"We are very pleased to add Jim to our group of advisors and shareholders," commented Jon Merriman. "His experience in building and managing a multibillion dollar financial technology platform business, as well as his operating and investment expertise, will be a significant addition as we build our Digital Capital Network marketplace."
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com .
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com . Please click on "Investor Relations."
At the Company:
Will Febbo
Chief Operating Officer
Merriman Capital, Inc.
(415) 248-5603
Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc.
(415) 262-1377
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1782865
Copyright (C) 2014 Thomson Reuters ONE. All rights reserved.
and the company pps stuck on neutral. Weird!
Merriman Holdings, Inc. Returns to Profitability in Q-1 2014
(Thomson Reuters ONE via COMTEX) -- SAN FRANCISCO - April 30, 2014 - Merriman Holdings, Inc. (otcqx:MERR), the parent company of Merriman Capital, Inc., today released earnings for the first quarter ended March 31, 2014.
First Quarter 2014 Financial Highlights:
- First quarter revenue was $4.6 million, up 28% from $3.6 million in Q-4 2013 and 114% from $2.1 million in Q-1 2013:
- Investment banking revenue was $2.4 million, a 3 % increase from $2.3 million in Q-4 2013 and a 887% increase from $0.2 million in Q-1 2013;
- Commissions revenue was $1,382,000, a 49% increase from $926,000 in Q-4 2013 and a 36% increase from $1,018,000 in Q-1 2013;
- Other revenue was $515,000, primarily derived from the Capital Advisory Market Group's fee services.
- GAAP net income attributable to common shareholders was $653,000 in Q-1 2014 as compared to net loss of $515,000 and $953,000 in Q-4 2013 and Q-1 2013, respectively.
- Adjusted EBITDA was $1,155,000 in Q-1 2014 and ($267,000) in Q-1 2013, respectively.
"After a near breakeven Q-4 2013, our team executed well in Q-1 2014 across all business lines," said Will Febbo, Chief Operating Officer and Director of Merriman Holdings, Inc. "We continue to sharpen our focus on recurring revenue supported by our scalable technology and work toward building value for our clients, shareholders and team."
"We had a solid start to 2014 as numerous new opportunities developed in both our base business and the Digital Capital Network ("DCN")," continued Jon Merriman, Chief Executive Officer. "We look forward to expanding on these opportunities in the near term. With a very large addressable market of small public and private companies that need corporate service help, we also added over 60 new accounts in the quarter vs. less than 10 last year."
Use of Non-GAAP Measures
Merriman Holdings, Inc. (the "Company") prepares its consolidated financial statements in accordance with the United States generally accepted accounting principles ("GAAP"). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses information regarding adjusted EBITDA, which differs from the term EBITDA as it is commonly used. In addition to adjusting net income/(loss) to exclude interest, depreciation and amortization, adjusted EBITDA also excludes stock-based compensation, bad debt, loss on restructuring and early extinguishment of debt. Adjusted EBITDA is not a measure of performance defined in accordance with GAAP. However, adjusted EBITDA is used internally in planning and evaluating the Company's operating performance. Accordingly, management believes that disclosure of this metric offers investors, bankers and other shareholders an additional view of the Company's operations that, when coupled with the GAAP results, provides a more complete understanding of the Company's financial results.
Adjusted EBITDA should not be considered as an alternative to net income/(loss) or to net cash used in operating activities as a measure of operating results or of liquidity. It may not be comparable to similarly titled measures used by other companies, and it excludes financial information that some may consider important in evaluating the Company's performance. A reconciliation of GAAP net income/(loss) to adjusted EBITDA is included in the accompanying financial schedules.
About Merriman Capital, Inc.
Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (otcqx:MERR) and is a leading advisory firm for publicly traded, high-growth companies.
Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com .
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/ .
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on March 31, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K filed on March 31, 2014, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com . Please click on "Investor Relations."
At the Company:
Michael Doran
General Counsel
(415) 568-3905
William Febbo
Chief Operating Officer
(415) 248-5603
MERRIMAN HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended March 31
2014 2013
Revenues
Commissions $ 1,381,817 $ 1,018,181
Principal transactions 248,612 267,762
Investment banking 2,419,233 245,035
Advisory and other 514,818 605,239
Total revenues $ 4,564,480 $ 2,136,217
Operating expenses
Compensation and benefits $ 2,508,751 $ 1,596,663
Brokerage and clearing fees 124,709 86,348
Professional services 113,106 73,029
Occupancy and equipment 301,259 337,032
Communications and technology 186,838 119,222
Depreciation and amortization 39,412 4,257
Travel and entertainment 42,451 60,176
Legal services 40,191 16,769
Cost of underwriting capital - 46,400
Other 180,502 324,942
Total operating expenses 3,537,219 2,664,838
Operating income/(loss) 1,027,261 (528,621)
Interest expense (93,748) (91,282)
Amortization of debt discount (18,676) (39,674)
Loss on restructuring of debt (262,299) -
Loss on early extinguishment of debt - (293,347)
Net income/(loss) attributable to common shareholders $ 652,538 $ (952,924)
Basic net income/(loss) per share $ 0.0052 $ (0.10)
Diluted net income/(loss) per share $ 0.0044 $ (0.10)
Weighted average common shares outstanding:
Basic 124,409,025 9,400,500
Diluted 146,911,877 9,400,500
MERRIMAN HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
31-Mar-14 31-Dec-13
ASSETS
Cash and cash equivalents $ 1,186,776 $ 1,044,110
Securities owned
Marketable, at fair value 870,023 1,176,347
Not readily marketable, at estimated fair value 1,817,284 671,801
Restricted cash 725,799 891,828
Due from clearing broker 91,811 97,811
Accounts receivable, net 621,458 532,431
Prepaid expenses and other assets 808,338 674,915
Equipment and fixtures, net 370,737 341,258
Total assets $ 6,492,226 $ 5,430,501
LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)
Liabilities
Accounts payable $ 213,582 $ 317,272
Commissions payable 425,399 418,075
Accrued expenses and other 941,392 814,946
Deferred rent 515,963 428,540
Deferred revenue 99,406 70,378
Capital lease obligations 336,969 360,795
Notes payable, net of debt discount 1,468,903 1,226,521
Notes payable to related parties, net of debt discount 1,585,867 1,940,601
Total liabilities 5,587,481 5,577,128
Shareholders' equity/(deficit)
Convertible preferred stock, Series A-$0.0001 par value; 2,000,000 shares
authorized; 2,000,000 shares issued and 0 shares outstanding as of
March 31, 2014 and December 31, 2013; aggregate liquidation
preference of $0 - -
Convertible preferred stock, Series B-$0.0001 par value; 12,500,000 shares
authorized; 8,750,000 shares issued and 0 shares outstanding as of
March 31, 2014 and December 31, 2013; aggregate liquidation
preference of $0 - -
Convertible preferred stock, Series C-$0.0001 par value; 14,200,000 shares
authorized; 11,800,000 shares issued and 0 shares outstanding as of
March 31, 2014 and December 31, 2013; aggregate liquidation
preference of $0 - -
Convertible preferred stock, Series D-$0.0001 par value; 24,000,000
shares authorized, 23,720,916 shares issued and
0 shares outstanding as of March 31, 2014 and December 31, 2013;
aggregate liquidation preference of $0 prior to conversion,
and pari passu with common stock on conversion - -
Convertible Preferred stock, Series E-$0.0001 par value; 7,300,000
shares authorized, 6,825,433 shares issued and
0 shares outstanding as of March 31, 2014 and December 31, 2013;
aggregate liquidation preference of $0 prior to conversion,
and pari passu with common stock on conversion
Common stock, $0.0001 par value; 300,000,000 shares authorized;
125,088,489 and 124,255,156 shares issued and 125,059,053 and
124,225,720 shares outstanding as of March 31, 2014 and
December 31, 2013, respectively 12,509 12,426
Additional paid-in capital 149,374,163 148,975,412
Treasury stock (225,613) (225,613)
Accumulated deficit (148,256,314) (148,908,852)
Total shareholders' equity/(deficit) 904,745 (146,627)
Total liabilities and shareholders' equity/(deficit) $ 6,492,226 $ 5,430,501
RECONCILIATION OF ADJUSTED EBITDA TO GAAP MEASURES
(Unaudited)
Three Months Ended March 31
2014 2013
Adjusted EBITDA $ 1,155,215 $ (266,914)
Interest and non-cash items:
Interest expense, net (93,748) (91,282)
Bad debt expense - (122,033)
Loss on restructuring of debt (262,299) -
Loss on early extinguishment of debt - (293,347)
Amortization of debt discount (18,676) (39,674)
Depreciation and amortization (39,412) (4,257)
Non-cash stock-based compensation (88,542) (135,416)
GAAP net income/(loss) $ 652,538 $ (952,924)
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Merriman Holdings Inc. via Globenewswire
HUG#1781910
Copyright (C) 2014 Thomson Reuters ONE. All rights reserved.
Followers
|
13
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
423
|
Created
|
08/16/11
|
Type
|
Free
|
Moderators |
Merriman Capital, Inc. is a full-service investment banking firm that provides investment banking, sales and trading, and equity research services to corporate and institutional clients and high-net-worth investors. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. and trades under the symbol "MERR."
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Service Providers
DAD/PAL
Auditor/Accountant
Legal Counsel
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |