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Merriman Curhan Ford & Co., a wholly owned subsidiary of MCF Corporation
(AMEX:MEM), today announced that it will serve as Principal American
Liaison (PAL) for Linc Energy as it posts on OTCQX. A new U.S.-based
market tier, OTCQX allows domestic and foreign companies to gain access
to U.S. investment capital without the regulatory costs related to
Sarbanes-Oxley. Linc Energy is Merriman Curhan Ford’s
third international client to list on OTCQX.
“The OTCQX advisory service is exciting for us
on a number of fronts, as it complements our full-service investment
banking activities,” said Jon Merriman, CEO of
Merriman Curhan Ford & Co. “We have
traveled extensively over the past year – to
Australia, Canada and Israel – to build
relationships with high-quality international companies that show the
potential to meet the listing requirements of OTCQX. Since our focus and
expertise is in working with fast-growing companies, it makes sense for
us to scale beyond domestic firms to further build an international
presence. In the case of Linc Energy, we are extending our CleanTech /
Next-Generation EnergySM industry focus to a
promising Australian clean coal company.”
The OTCQX provides market visibility and U.S. capital access to
companies with track records of strong corporate governance. By limiting
inclusion to quality companies with good disclosure, OTCQX effectively
represents a premium brand for over-the-counter stocks. Merriman Curhan
Ford was the first investment bank to represent both U.S. and non-U.S.
companies on OTCQX.
“We’re pleased to
work with Linc Energy, as their PAL sponsor, as they make this important
step to gain access to U.S. investors,” added
Stephen Nash, Vice President of Merriman Curhan Ford & Co.’s
OTCQX Advisory Group. “High-growth
international companies are increasingly recognizing the value that
OTCQX can provide. We’re seeing major
international firms listing on OTCQX, in some cases leaving larger U.S.
exchanges to do so. With the recent additions of blue chip companies,
and now Linc Energy, OTCQX is taking shape as a premier international
listing alternative.”
Linc Energy’s American Depository Receipts
(ADRs) began trading today on International OTCQX, under the ticker
LNCGY. Investors can find real-time quotes, disclosure and financial
information about Linc Energy at www.otcqx.com.
Ten of Linc Energy’s ASX shares represent one
ADR.
Merriman Curhan Ford has now sponsored three international companies on
OTCQX. In March, Day Software (OTCQX:DYIHY) of Switzerland listed; since
that time their global trading volumes have increased dramatically. In
May, Starpharma Holdings (OTCQX:SPHRY), of Australia, listed on the
platform; in August, Starpharma closed a private placement that
represented a six-month capital infusion for the firm.
About Merriman Curhan Ford & Co. and MCF Corporation
Merriman Curhan Ford & Co. is an investment bank and securities
broker-dealer focused on fast-growing companies and growth-oriented
institutional investors. It provides investment research, brokerage and
trading services primarily to institutions, as well as advisory and
investment banking services to corporate clients. Its mission is to
become a leader in researching, advising, financing, trading and
investing in fast-growing companies. Merriman Curhan Ford & Co. is
registered with the Securities and Exchange Commission as a
broker-dealer and is a member of the Financial Industry Regulatory
Authority (FINRA) and SIPC.
MCF Corporation (AMEX:MEM) is a financial services holding company that
provides investment research, capital markets services, corporate and
venture services, investment banking, asset management and primary
research through its operating subsidiaries, Merriman Curhan Ford & Co.,
MCF Asset Management, LLC and Panel Intelligence, LLC. MCF is focused on
providing a full range of specialized and integrated services to
institutional investors and corporate clients.
About Linc Energy
Linc Energy (OTCQX:LNCGY) is an innovative, forward-thinking energy
company and Australia's leader in clean coal technology. The firm is
committed to producing higher quality and ultra-clean liquid fuels
through the unique combination of underground coal gasification clean
coal technology and coal to liquids technology. For more information,
visit http://www.lincenergy.com.au/.
Note to Investors
This press release contains certain forward-looking statements based
on our current expectations, forecasts and assumptions that involve
risks and uncertainties. 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
Quarterly Report on Form 10-Q filed on November 6, 2007. 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," "will," 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-Q filed on November 6, 2007,
together with this press release and the financial information contained
herein, is available on our Web site by going to www.mcfco.com
and clicking on “Investor Relations.”