If you are in the USA, I trust that you are safely returned from the Memorial Day celebrations.
We honor our veterans. A tougher job, and bigger sacrifice, I can't even imagine.
OriginOil and Merriman Capital
We have tried working with numerous investment banking firms, and we fall back on our faithful core investors every time.
Problem is, these firms generally don't take the time to firm up the company in the markets first.
That's what Merriman Capital, a San Francisco investment bank serving micro-caps, started doing for us last Monday the 20th of May.
As quoted in the Wall Street Journal on 23 May:
...Merriman will advise OriginOil management on various strategic initiatives focused on increasing shareholder value.
These initiatives include the effective engagement of a potentially broader institutional shareholder base, strategies intended to increase trading liquidity, evaluating various strategic capital markets initiatives and opportunities to pursue other venues, such as NYSE, NASDAQ and the OTCQX.
Now you're talking.
New advisory program
In a May 17 article in the San Francisco Business Times (free preview), Jon Merriman discussed the bank's new advisory program:
"We are beginning to see a turn in the microcap financing market,” Merriman said. “You don’t see the cavalry coming over the hill, but you see the dust clouds over the next hill. Very slowly we’re starting to see capital flow into microcaps.”
But you have to make that happen, and so we are pleased to have Merriman Capital in our court. They are welcome.
Enjoy your week!
Riggs and Team
President & CEO
OriginOil, Inc. (OOIL)
The 50 Hottest Companies in Bioenergy, 2012-2013 (photo)