OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced the following companies are verified for trading on the OTCQB® Venture Marketplace:
America Resources Exploration Inc. (OTCQB: ALAZD)
Aeolus Pharmaceuticals, Inc. (OTCQB: AOLS) – Aeolus Pharmaceuticals is developing a new class of broad-spectrum, catalytic-antioxidant compounds that protect healthy tissue from the damaging effects of radiation. Its first compound, AEOL 10150, is being developed, with funding from the U.S. Department of Health and Human Services, as a medical countermeasure against chemical and radiological weapons. Its initial target indications are as a protective agent against the effects of acute radiation syndrome and delayed effects of acute radiation exposure. Aeolus' strategy is to leverage the substantial investment in toxicology, manufacturing and preclinical and clinical studies of AEOL 10150 made by U.S. government agencies, including the contract with BARDA valued, with options, at up to $118.4 million, to efficiently develop the compound for use in idiopathic pulmonary fibrosis and oncology.
Cortex Pharmaceuticals, Inc. (OTCQB: CORX) – Cortex Pharmaceuticals is a biopharmaceutical company focused on the discovery and development of novel drug therapies for the treatment of sleep apnea, drug-induced respiratory depression and other brain-mediated breathing disorders.
Excel Corp. (OTCQB: EXCC) – Excel Corp. sells integrated financial and transaction processing services to small and medium sized businesses throughout the United States. It provides these services through its wholly-owned subsidiary, Payprotec Oregon, LLC, d/b/a Securus Payments ("Securus"), which it acquired in April 2014. It is a national full service retail credit/debit card processor Independent Sales Organization ("ISO") and Merchant Services Provider ("MSP") with primary sales and merchant support offices in Portland, Oregon and West Palm Beach, Florida, which supplement the company’s network of approximately 120-150 independent sales representatives located throughout the country. Working with the company's primary processing partner, First Data Corporation, it provides for the rapid clearing of payments, including Apple Pay, a new mobile payment and digital wallet service by Apple Inc. that lets users make payments using the iPhone 6 and iPhone 6 Plus with the highest level of data security available in the industry. Its merchant account solutions, combined with the latest site and cloud based technologies, are designed to meet the unique needs of each business segment serviced, and offer a variety of credit, debit, gift and loyalty card processing options and equipment to scale with the distinctive business plans of each client.
Prior to the acquisition of Securus in April of 2014, the company was considered a developmental stage company. With the acquisition of Securus, it is no longer in a development stage and maintains as its primary business operations the sale of merchant processing and servicing, as well as a limited number of merchant cash advance transactions on behalf of its merchant customers. It is actively seeking acquisition opportunities in related industries including, but not limited to, merchant services and merchant cash advance companies. Although management believes that there are acquisition opportunities, there can be no assurance that we will be able to complete any such transactions.
Heritage Global Inc. (OTCQB: HGBL) – Heritage Global is a value-driven, innovative leader in corporate and financial asset liquidation transactions, valuations and advisory services. The company focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in 28 corporate and financial sectors. Heritage Global specializes both in acting as an adviser, as well as acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, related intellectual property, and entire business enterprises.
Innovative Food Holdings, Inc. (OTCQB: IVFH) – Innovative Food Holdings is a direct supplier of quality products to the retail restaurant trade. It facilitates direct shipment from the producer to the customer thereby reducing spoilage and improving quality of goods.
One Clean Planet, Inc. (OTCQB: CLPT) – One Clean Planet, Inc., fka Singular Chef, Inc., was incorporated in the State of Nevada as a for-profit company on April 09, 2009. It has not had any significant development of its business nor has it received any revenue. Due to its lack of results in its attempt to implement our original business plan, management determined it was in the best interests of the shareholders to look for other potential business opportunities that might be available to the company. Immediately following the Closing of the Agreement, the company changed its business plan to that of Kashin/Txtpay.
TXTPay is an Auckland, New Zealand-based mobile payment company with a number of turnkey solutions for specific opportunities in New Zealand, Australia and Asia.
Kashin was originally formed by Txtpay and incubated at The ICEHOUSE business accelerator in NZ during 2010 to create a more user-friendly and scalable mobile payment platform for parking. The need was identified by Albert Auckett, the previous chief executive of Wilson Parking New Zealand & Citipark, after reviewing a number of available technologies and found all the solutions unsuitable.
Albert and his fellow investors started developing a next generation mobile payment solution that would provide the merchant with a powerful payment platform. A key aspect of the design and development was the emphasis on security, particularly to maintain the security of payment details including credit and debit card details. The Txtpay platform does not forward any passwords or credit card details, so no credit card information is stored on the mobile. The platform also supports one-click secure online payment for shopping carts, bill payments and direct Person-to-Person (P2P) payments.
This cloud-based digital platform is being continually developed to deliver a range of payment solutions and is developing new technologies scalable for the global market. A key to the success of Txtpay is the ability to support all forms of mobile interaction - that is SMS, IVR, (Interactive Voice Response), and Native Apps, Online, Mobile Web/HTML 5 and QR codes. The Kashin platform can easily interact with other new mobile interaction point as well.
In 2014, the company rebranded its name to Kashin (trademarked) and established operations in USA and Africa (Uganda & Kenya). During 2014, Kashin has connected its billing platform to VOIP systems and now provides low cost international calls from any mobile to any country (branded Kashin Kredits). Kashin Kredits is now connected to major Telcos providing mobile money services in Africa (MTN Uganda, Airtel Uganda, MTN Kenya and MPESA Kenya). Kashin is currently in the process of connecting to PayNearMe services, which will provide 20,000 stores for customers to use cash to top-up their Kashin mobile wallets for instant purchases of goods and services globally. Kashin has since engaged with several other service providers on an international level to allow Kashin Remote Top ups of minutes.
In December 2014, Kashin merged with One Clean Planet, Inc. a public company in which Kashin Inc. will be the surviving entity.
Pressure BioSciences, Inc. (OTCQB: PBIO)
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for these companies on www.otcmarkets.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.