SAN FRANCISCO, Feb. 27, 2012 /PRNewswire/-- Merriman
Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc.
(OTCQX: MERR), initiated equity research coverage on Voice Assist,
Inc. (OTC BB: VSST) ($0.18) earlier
this month with a Neutral rating.
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http://photos.prnewswire.com/prnh/20100914/SF64919LOGO)
Voice Assist is a technology company that develops speech-based
communications applications for businesses and institutions using
the Cloud as its paramount platform. The Company caters to the
emerging mobile sales sector, and in particular, those executives
and business professionals who spend a great deal of time behind
the wheel of a car.
Research analyst, Joel
Achramowicz, summarized in his initiation report:
Voice Assist has restructured its management team again and
is positioning itself for renewed growth in 2012. The Company's new
CEO, Mike Metcalf, is not only a
serial entrepreneur, but he's also put more than $3.0 million of his own capital into the Company.
With a major Salesforce.com deal struck and some other deals in the
works, there is significant upside potential in these shares--but,
with concomitant risk.
Members of the media can obtain a copy of this Merriman Capital
research report by e-mailing editorial@merrimanco.com.
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing
equity and options execution services, market making, and
differentiated research for high growth companies. The firm also
provides 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
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.
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
November 14, 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, 2011and 10-Q filed on
November 14, 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."
Important Disclosures
This research has been prepared by Merriman Capital, Inc., a
wholly owned subsidiary of Merriman Holdings, Inc. Some companies
Merriman Capital, Inc. follows are emerging growth companies whose
securities typically involve a higher degree of risk and more
volatility than the securities of more established companies.
The securities discussed in Merriman Capital, Inc.'s research
reports may be unsuitable for some investors depending on their
specific investment objectives, financial status, risk profile, or
particular needs. Investors should consider this report as only a
single factor in making their investment decisions and should not
rely solely on this report in evaluating whether or not to buy or
sell the securities of the subject company.
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reflect the research analyst's personal views about any and all of
the subject securities or issuers. No part of the research
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Specific Disclosures
Key to investment Rankings (expected total share price return
inclusive of dividend reinvestment, if applicable)
- Buy: Merriman Capital, Inc. expects the stock price to
appreciate 10% or more over the next 12 months. Initiate or
increase position.
- Neutral: Merriman Capital, Inc. believes the stock price
is fairly valued at current levels. Maintain position or take no
action.
- Sell: Merriman Capital, Inc. expects the stock price to
depreciate over the next 12 months. Sell or decrease position.
This press release is for information purposes only and should
not be regarded as an offer to sell or solicitation to buy the
securities or other instruments of the company mentioned.
SOURCE Merriman Holdings, Inc.