OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced the following companies are verified for trading on the OTCQB® Venture Market:
Blow & Drive Interlock Corp. (OTCQB: BDIC) – Blow & Drive Interlock, based in Los Angeles, California, is a publicly traded company that will manufacture, distribute and franchise its Ignition Interlock Device Model# BDI-747 across the United States.
In May of 2015, the company's Federal Franchise Disclosure Documents were approved by the Federal Trade Commission to sell franchise opportunities in 29 States. In addition, it submitted and received approval in an additional 3 registration states.
On June 16, 2015, the company's BDI-747 along with its patented pending BDI Model #1 power line filter successfully completed ISO accredited Independent Laboratory Testing in accordance with National Highway Transportation Safety Administration (NHTSA) 2013 Model Specifications for breath alcohol ignition interlock devices (BAIID).
On June 17, 2015, the company's BDI-747 along with its patented pending BDI Model #1 power line filter successfully received National Highway Transportation Safety Administration (NHTSA) certification from an ISO accredited independent testing laboratory.
Since receiving its NHSTA Certification and as of July 24, 2015, the company has submitted applications to 10 states to be considered as a state certified breath alcohol ignition interlock manufacturer and provider.
On July 23, 2015, Blow and Drive Interlock received The California Department of Motor Vehicles approval to provide Alcohol Ignition Interlock devices and Monitoring for all IGNITION INTERLCOK MANDETED DUI/DWI OFFENDERS throughout the state.
On July 24, 2015, Blow and Drive Interlock received The Oregon Department of Motor Vehicles approval to provide Alcohol Ignition Interlock Devices and Monitoring for Ignition Interlock Mandated DUI/DWI offenders throughout the state. Oregon has adopted in-car camera technology as a requirement for state approval. The in-car camera feature is just one of several anti-circumvention features found on the BDI-747.
As of July 27, 2015, the company has begun production of one hundred and twenty-five (125) of its patent pending BDI Model #1 power line filters to attach to one hundred and twenty five (125) of our BDI-747 Breath Alcohol Ignition Interlock Devices which together were certified by NHSTA on June 17, 2015, to work to together to meet or exceed 2013 NHSTA guidelines.
The company has opened its initial storefront location in Los Angeles County, California, and hired three qualified personnel to install, calibrate, remove and monitor the devices. The company’s business plan includes growth of the company by continuing to complete and submit more state applications and to build up its service infrastructure by utilizing its own retail infrastructure, independent installers, distributors and franchisees.
The BDI-747 is a state-of-the-art ignition interlock device, breath-alcohol testing device approximately the size of a smartphone. The ignition interlock device requires the driver to exhale into the device prior to starting the vehicle. The device will prevent the vehicle from starting if the driver's blood-alcohol content exceeds a predetermined set level. Interlocks are required for use by DUI or DWI ("driving under the influence" or "driving while intoxicated") offenders as part of their mandatory court or motor vehicle department program.
The individual subject to the court or motor vehicle order pays for the installation/removal and monthly lease of the ignition interlock device. The company will provide monitoring of the device at predetermined intervals according to state guidelines. Data will be collected and made available to the appropriate authorities for review. The data will show all breath tests performed and/or missed tests as well as any attempt to bypass or circumvent the system. For states that require a picture or GPS location of the person performing the test, the device is equipped with camera and GPS technologies.
New Global Energy Inc. (OTCQB: NGEY) – New Global Energy is a public company focused on internal growth and growth through the acquisition of high-growth firms, assets and properties in the green market space; industry segments include sustainable agriculture, aquaculture, solar, biofuels and carbon credits. Management is targeting growth stage assets, operations and companies that possess proprietary market edge and demonstrate solid opportunity to scale their business. It expects to pursue special opportunities that are anticipated to accelerate shareholder value by consolidating certain tiers of the $5 trillion per year fragmented green and renewable energy industry.
New Global currently has interests in agriculture, aquaculture and solar power operations in Southern California and is assisting in improving its control of key factors affecting production cost by vertically integrating into feed production and electricity production, (solar), and by delivering direct to market.
Through its aquaculture business, New Global is targeting the acquisition of additional farmland which provides current income as well as the other benefits of hard assets. The company believes that farmland will benefit from the increase in demand for grain, environmental demand for alternative energy, and the impact of globalization.
XFIT BRANDS INC. (OTCQB: XFTB) – XFIT BRANDS’ principal business activity is the design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its mission is to become a leading developer and marketer of functional fitness brands and products at retail and fitness outlets worldwide. Its products span the impact sports, mixed martial arts (MMA), high and low impact fitness and cross training, and other action sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names, which along with certain trade secrets are protected worldwide. Its products are marketed and sold through a range of different channels including gyms, fitness facilities, and directly to consumers via our internet website and through third party catalogues (which the company refers to as its "direct to consumer" or "DTC") through a mix of independent distributors and licensees throughout the world. All of the company’s products are manufactured by a network of independent manufacturers which satisfy our strict quality requirements. Virtually all apparel products are produced outside the United States, while equipment products are produced both in the United States and abroad.
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 markets 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 markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. 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 markets, visit www.otcmarkets.com.
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