LOS ANGELES, CA — (Marketwired) — 11/26/13 — (OTCQB: BTZO) announced today that it will be presenting at the upcoming Sixth Annual LD MICRO Conference on Thursday, December 5, 2013 at 8:30 AM PST / 11:30 AM EST. The three-day event will host more than 200 companies in the micro-cap space at the Luxe Sunset Bel Air, Los Angeles, California. Bitzio management, including its newly appointed CEO, CFO and operational team, will be available during the day for one-on-one meetings.
Gordon McDougall, Founder and CEO of Bitzio, commented, “The LD Micro Conference is one of the most well respected conferences in the small cap arena. With our recently announced apparel strategy and closing of our financing, the timing of this event fits perfectly with our re-launch as the new Bitzio.”
Mr. McDougall will present an overview of the company-s growth strategy and business plans. In November 2013, Bitzio received an injection of capital from an institutional investor, restructured its senior secured notes into long term debentures maturing in December 2015, and announced its entrée into the apparel brand business. The moves occurred concurrently with an exclusive distribution agreement with E-Motion Apparel Inc., a women-s casual lifestyle apparel brand based in Los Angeles.
Bitzio, Inc. (OTCQB: BTZO) started as a mobile app development business leveraging celebrity and athlete followings. With its learnings from the celebrity market, in mid 2013 Bitzio shifted its focus to fashion, and adopted an innovative apparel incubation model. Uniquely qualified to identify promising apparel brands, Bitzio plans to accelerate these emerging brands by providing access to capital and applying Bitzio-s extensive industry experience to the project of optimizing each brand-s operations and developing its manufacturing and distribution channels. Bitzio is based in Los Angeles, California.
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor. For more information on the list of presenting companies or to register for the event, please visit or call (408) 457-1042.
This news release contains forward-looking statements. The terms and phrases “expects”, “would”, “will”, “believes”, and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Bitzio in light of its experience and its perception of current conditions and expected future developments, as well as other factors that Bitzio believes are appropriate in the circumstances. Many factors could cause Bitzio-s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in Bitzio-s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at ). These factors should be considered carefully, and readers should not place undue reliance on Bitzio-s forward-looking statements. Bitzio has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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