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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

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

Ever Harvest (CE) (USOTC:TLGN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Ever Harvest (CE) Charts.
Ever Harvest (CE) (USOTC:TLGN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Ever Harvest (CE) Charts.