Totally Green, Inc. (PINKSHEETS: TLGN), a
pioneer in organic food processing systems and compostable
packaging alternatives, has retained Merriman Capital Inc., a
wholly-owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR),
to act as its exclusive Designated Advisor for Disclosure (DAD) in
preparation for an upgrade of its common shares to the OTC market's
highest tier, OTCQX. The OTCQX upgrade is subject to approval by
the OTC Markets Group. Merriman will also provide the company
capital markets advisory services.
OTCQX distinguishes the best companies traded over-the-counter
from the more than 9,000 companies traded on the OTCQB® and OTC
Pink™ that are not required to meet any financial standards or
undergo a qualitative review.
"The broader adoption of Totally Green's ORCA Green™ Machine by
major corporations and federal agencies in 2011 has created an
'undiscovered' story that calls for greater exposure to U.S.
investors," said Merriman Capital Managing Director Spencer Grimes.
"Trading on OTCQX will provide Totally Green an opportunity to more
effectively engage the investment community. We are looking forward
to helping Totally Green increase their visibility and leverage the
capital markets for the benefit of their shareholders."
Totally Green's revolutionary ORCA Green Machine provides
on-site, rapid composting of most organic material in institutional
and commercial end-user applications, such as commercial kitchens
or food processing plants. The resulting liquefied compost can then
be either returned to the soil as nourishment or released to a
sewer system.
Nate Baker, Totally Green's president and interim CFO,
commented: "As a leading investment banking firm for OTCQX
companies, Merriman is an ideal sponsor for our upgrade to OTCQX.
This upgrade would represent another major milestone for Totally
Green, as we transition from a developmental to commercial stage
company, and address the increasing demand for cost saving and
eco-friendly methods of food-waste disposal. Our continued progress
will be better served with listing on the OTCQX, affording us
increased awareness by key investors and influencers in the
financial community."
To coincide with the upgrade, Totally Green is preparing to
become a fully reporting company, and its board of directors has
approved a reverse stock split (with the ratio to be determined).
"We believe these additional actions will broaden the universe of
investors and equity analysts who can follow us and potentially
benefit from our growth story, as well as help us build shareholder
value," added Baker.
In addition to the OTCQX upgrade, the company sees a number of
other major catalysts emerging in 2012 to spur growth. It is
pursuing an ETL Certification for the ORCA Green Machine, an
important product safety mark that will open up new opportunities.
Given a 90% pilot-to-sale conversion rate over the last 20 months,
the company is expecting purchase orders from one of the nation's
largest supermarket chains that is currently test piloting the ORCA
Green Machine.
As previously announced, the company was invited to present at
the Merriman Capital Investor Summit 2012 Conference to be held at
the InterContinental Times Square Hotel in New York City on
Wednesday February 1, 2012. Baker is scheduled to present at 10:30
a.m. Eastern time.
Merriman Capital's Investor Summit 2012 is a premier conference
dedicated to fast-growing companies in industry sectors including
cleantech, biotechnology, consumer, natural resources, and
technology. Company presentations will be attended by portfolio
managers and institutional investors, and followed by research
analyst-led Q&A sessions on emerging investment themes.
The conference luncheon will be sponsored by Totally Green's
Ingeo™ Green Bottle Spring Water, which is packaged in plant-based
PLA, compostable material and filled with pure spring water.
For more information about the conference, please contact your
Merriman Capital representative or visit www.merrimanco.com.
About Merriman Capital Merriman Capital,
Inc. is an investment banking firm providing equity and options
execution services, market making, and differentiated research for
high growth companies. We also provide capital raising, advisory,
and M&A services. Merriman Capital, Inc. is a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the
leading investment banking firm for OTCQX companies. For more
information, please go to www.merrimanco.com.
Merriman Capital, Inc. is a registered broker-dealer and member
of The Financial Industry Regulatory Authority (FINRA)
www.finra.org and the Securities Investor Protection Corporation
(SIPC) www.sipc.org/contact.cfm.
About Totally Green Totally Green, Inc.
develops, manufactures, and markets the company's ORCA Green™
Machine and markets the Ingeo™ Green Bottle Spring Water. The ORCA
(Organic Refuse Conversion Alternative) machine allows for rapid
composting of most organic material in institutional and commercial
end-user applications, after which the liquid compost is either
returned to the soil as nourishment or disposed of through the
ordinary sewer system. The machine creates meaningful cost savings
for customers while diverting food waste from landfills and
reducing methane gas production. Both products offer businesses and
consumers innovative and affordable solutions for food &
beverage by-product disposal. For more information, please visit
www.totallygreen.com.
Important Cautions Regarding Forward-Looking
Statements This press release contains "forward-looking
statements." Forward-looking statements are statements concerning
plans, objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. All statements relating to the
Company's plans to upgrade its listing to OTCQX, to becoming a
reporting company, and other plans are subject to risks and
uncertainties beyond the Company's control. No assurances can be
given that such predictions will prove correct. Actual events or
results may differ materially. Forward-looking statements should be
read in light of the cautionary statements and risks that include,
but are not limited to, the risks associated with a small company,
our comparatively limited financial resources, the uncertainty of
market trends, the competition faced from other current and future
technologies and the uncertainties of competitive pressures we
face. These or other risks could cause actual results to differ
materially from the future results indicated or implied in such
forward-looking statements. We undertake no obligation to update or
revise such statements.
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Company Contact: Nate Baker President & Interim CFO
Totally Green, Inc. Tel 918-619-9700 Investor Relations
Contact: Liolios Group, Inc. Scott Liolios or Chris Tyson Tel
949-574-3860
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