SAN FRANCISCO, Oct. 10, 2011 /PRNewswire/ -- Merriman Capital,
Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ:
MERR), today announced that it brought five new companies on OTCQX®
in the third quarter, bringing the total number of OTCQX companies
sponsored by Merriman to 27 companies -- more than any other
Investment Bank DAD/PAL sponsor.
(Logo:
http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)
Merriman Capital is the leading Designated Advisor for
Disclosure ("DAD") and Principal American Liaison ("PAL") on OTCQX.
The recently sponsored companies include GigOptix, Inc.
(OTCQX: GGOX); Solid Resources Ltd. (TSXV: SRW; OTCQX: SLDRF);
Antioquia Gold Inc. (TSXV: AGD; OTCQX: AGDXF); Stronghold Metals
Inc. (TSXV: Z; OTCQX: SDMTF); and Next Gen Metals Inc. (TSXV: N;
OTCQX: NXTTF).
OTCQX distinguishes the highest quality companies traded
over-the-counter (OTC) from more than 10,000 securities traded in
the United States. There are
more than 30,000 companies internationally across more than 50
exchanges that could qualify for sponsorship on OTCQX.
Merriman Capital provides research, capital market advisory,
and corporate access to its sponsored OTCQX clients.
Jon Merriman, Co-Chairman of
Merriman Holdings, stated: "We are pleased with the rapid progress
of our OTCQX advisory services thus far in 2011. We continue
to direct additional resources to this business, which we believe
will create increasing, recurring revenue streams for Merriman
Capital."
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing
equity and options execution services; OTCQX research, advisory
services, and market making; and capital raise and M&A
services. Merriman Capital, Inc. is a wholly owned subsidiary
of Merriman Holdings, Inc. (NASDAQ: MERR) and is the premier
investment banking firm for OTCQX companies. For more
information, please go to http://www.merrimanco.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/contact.cfm.
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. Merriman Capital, Inc. is the leading
investment bank Designated Advisor for Disclosure ("DAD") and
Principal American Liaison ("PAL") on OTCQX.
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/A filed on April 28, 2011 and our Form 10-Q filed on
August 15, 2011.
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/A filed on April
28, 2011 and 10-Q filed on August 15, 2011, together with this press
release and the financial information contained herein, are
available on our website, www.merrimanco.com. Please click on
"Investor Relations."
SOURCE Merriman Holdings, Inc.