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Tuesday, August 16, 2011 – After Market Close New Green Baron “Stock Alert” Bitzio, Inc.
(BB: BTZO - $.39 per share) Join the “App-ification” of the World Movement Common Shares Outstanding: 33 million Market Cap: $12.87 million 52-Week High: $2.00 52-Week Low: .0775 Average Price: $.3898 (50-day) $.3154 (200-day) Average Volume: 45,995 (50-day) 25,330 (200-day) Bitzio Focused to Become a Premier Aggregator and Marketer of Mobile Smartphone Applications (Apps) Three Acquisitions over Three Weeks Brings World-Class App Experts to Bitzio Total Smartphone Mobile App Sales Expected to Double by 2012 and Reach $40 Billion by 2015 The Green Baron Believes Growth in Smartphone App Space and its Strong Management will Drive BTZO Stock Much Higher; Both Fundamentals and Technicals Look Fantastic! Click to View: Live Level 2 at TheGreenBaron.com Click to: Connect with Bitzio The Green Baron Report has selected Bitzio, Inc. (OTCBB: BTZO) as our newest Green Baron “Stock Alert”, and we strongly suggest members accumulate the stock as close to our profile price as possible. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members. We have very aggressive price projections for BTZO and believe the stock has huge upside potential based on several positive fundamental factors. TRADER’S NOTES: BTZO is current in its SEC filings and trades on the OTCBB. Volume in BTZO has grown substantially over the past three months, and activity has been very consistent particularly over the past 30 days. The chart pattern demonstrates positive movement as BTZO has slowly rallied from .25 to the .50-.60 range over the past several months. In one trading session in June, BTZO rallied and closed at $2.00 per share on volume of over 200,000 shares. On another trading day in June, BTZO rallied to $1.00 and closed at .75. Bitzio is a young, aggressive company uniquely positioned to capitalize on the fast-growing mobile applications market. Its focus is on smartphone applications, social media and marketing optimization. The Company also works with developers of mobile applications to dramatically improve their marketing reach, sales conversion, revenue and bottom line profits. Management sees an enormous market opportunity to acquire and aggregate multiple small to midsize application development firms with existing applications, revenue streams, customer bases and rich application usage information. It believes that the combination of those tangible assets with its Advisory Board of both seasoned business executives and young, but accomplished, entrepreneurs, who have proven success in mobile apps space, puts it in a very unique position to execute. Bitzio has already announced the acquisition of three companies over the past six weeks that includes over 100 games and apps. The Green Baron Report has identified the following primary reasons for accumulation of BTZO now:
The growth in smartphone applications is undeniable. We believe the key to success in this industry is management, and Bitzio has some of the industry’s top talent. We strongly urge members to carefully review the background of Bitzio’s solid management team that is included later in this profile. The Green Baron Report believes members who accumulate near our profile price of .39 per share will see consistent and solid price appreciation over the near and long-term. We believe shares of BTZO can easily rally over $1.00 per share and much higher by the end of the year. Technically, shares of BTZO have demonstrated solid accumulation over the past three months despite the huge selloff from the general market. For those looking for a pure play in smartphone apps, BTZO provides a perfect option with huge upside potential. About Bitzio, Inc. Bitzio, Inc. is a company with a strong focus on smartphone applications, social media and marketing optimization. It works with developers of mobile applications to dramatically improve their marketing reach, sales conversion, revenue and bottom line profits. Bitzio, Inc. envisions a mobile community where mobile applications enable people to connect in new and meaningful ways, and where Bitzio is a key driving force enabling these connections. For more information on the company, visit us at www.bitzio.com. Bitzio provides an applications network for both developers and consumers of mobile applications. Bitzio management believes there is a gap between consumers and developers, and that there is tremendous opportunity to help bridge that gap. It will work with those developers to dramatically improve their marketing reach, sales conversions, revenues and bottom line profits. WHAT WE DO BEST There are a heck of a lot apps in the world today. Last count (in late January 2011), there were more than 700,000 apps across iPhones, Android, Windows, Nokia, Blackberry and other smaller platforms. More than 14 billion apps have been downloaded. That’s a lot of apps. So how do small to medium-sized developers rise above this enormous cluster, get recognized and get their apps sold to end users? This is what Bitzio does best. And for end users, how do they find the right apps for them? This is also what Bitzio does best. Delivering Awesome Value to Developers For small to medium-sized developers, our proprietary technology platforms can: 1. Help lower the cost to develop and deploy applications across multiple platforms 2. Improve the marketing reach of these applications 3. Ultimately, increase the sales and conversion rates of these apps through marketing intelligence and personalized cross-selling and reach. How do we do it? Our young talent has built an incredible technology and knowledge base that helps developers and everyday customers better understand the mobile application space. Developers look to Bitzio to help them market and monetize their apps. This is what we do best. Here’s how. Launch Products: Bitzio consolidates the cycle of mobile app development for individuals looking to launch their own products in the mobile space. Bitzio’s marketers look at the competitive landscape to help determine successful niches, broker relationships with top mobile networks, and help develop the media plan for their launch and beyond. Build Communities: Social media platforms like Facebook and Twitter have changed the way people communicate and network online. Now, a new wave of mobile apps is taking those changes into the “real world” and Bitzio is here to help you with all your needs. Using geolocation data and other social technology for your mobile apps, Bitzio will change the way app developers’ customers socialize on their application. Market Apps: With more than 700,000 + apps now available, just getting your app into the App Store is no longer enough! With some of the best marketers in the world, Bitzio will walk developers through a killer marketing plan from start to finish that includes positioning & pricing their app, choosing their message, building buzz, viral marketing, cross marketing and much more. Optimize Apps: Bitzio will not only show developers how to get the most revenue out of their app, but Bitzio’s proprietary software will do it for you. You will be able to use Bitzio to perform tasks like A/B and multivariate split testing, leads generation, In-App Upsells, content targeting, and geographic user segmentation. Automate: As any mobile app developer who’s released an app to the App Store will tell you, releasing your app is an extremely cumbersome process…well, that’s where Bitzio comes in. Build Companies: With our extensive background and talent, the Bitzio team is expert at building successful and profitable businesses. With the success of your mobile applications comes the opportunity to build a company from the ground up. And we’ll be there every step of the way…from creating a business model, establishing a brand, creating key business assets, funding, and much more. How to Create Innovative Technology Solutions: Have you identified an existing problem, but don’t have the means to create the solution on your own? By combining and enhancing available technology with creativity, insight and passion, Bitzio can produce new solutions that are simple, yet highly effective, easy and enjoyable to use. by Amish Shah – Director of Bitzio and Cofounder/CEO of Digispace Solutions, LLC When the opportunity of starting a great social media, networking, mobile applications company came to fruition, many of the elements seemed so right – this is what I love to do, this is the business and technologies that I know (like the back of my hand), this is where the community I connect with live and breathe.
Then when I started meeting the players involved in
building this new company, I quickly realized the
potential here to not only build a great company,
but a company with great achievements, great people
and great opportunity to apply all types of
groundbreaking technologies. Hell, this is when I
said; let’s go build a $1B dollar company. When you have an amazing group of individuals that know the social media and mobile platform industry, as we do – some of them, including myself, were at the forefront of mobile apps and internet marketing. With the talent we have, combined with the old school of business individuals, the possibilities are endless. I want the mobile community to connect with ease and style. What I mean is connecting with each other in the most meaningful way is part of our lifestyle and Bitzio is a key enabler of that. Why not, I ask, why not build a $1B dollar company with great people, great technologies in an opportune place called the internet. Recent Key Press Releases Thursday, August 4, 2011 – Bitzio, Inc. Acquires Digispace Solutions, LLC – Acquisition of Internet Marketing Leader Creates Powerful Combination in Social Media and Smartphone Markets - SAN DIEGO, CALIFORNIA - (Marketwire)- Bitzio, Inc. (OTC.BB: BTZO) today announced that it entered into an agreement to acquire Digispace Solutions LLC ("Digispace"), an online performance-based advertising company that develops and deploys proprietary technologies and algorithms for the discovery, creation, and optimization of all types of online marketing. Bitzio continues on its aggressive acquisition strategy and expands its footprint further into the social media and smartphone markets. This year Digispace was recognized as one of the fastest-growing private companies in America by Inc. Magazine. In 2010(1), it also made the prestigious ranking with its 3-year, 609% revenue growth, joining the ranks of other Inc. 500 companies such as Zappos.com, Go Daddy, Jamba Juice and Oracle. Each year, the ranking identifies companies whose outstanding achievements in their industry set them apart and make them one of today's entrepreneurial successes. "Digispace is a tremendous addition for us as it brings unique, proven technologies and a product launch methodology together with our existing application development and management assets," said Gordon McDougall, CEO of Bitzio. "Experts are forecasting that mobile application downloads will rise from 10.9 billion in 2010 to 183 billion by 2015(2). The powerful engine of Digispace, with their proprietary launch and optimization methodologies, significantly enhances our ability to capture a much broader scope of that market." McDougall further added, "With its unaudited revenues of over $4.6 million in 2010, Digispace not only increases Bitzio's top line but also dramatically advances us towards achieving our goal of being the premier mobile applications company that is a key driving force in a completely new mobile community." "We are very pleased with our new partnership as I see great synergy between us and Bitzio's aggressive acquisition plans in the social media, networking, and mobile applications space. Additionally, their plans for application development and personalized optimization through data and analytics are exactly what our platforms were designed to deliver," said Jose Rivera, co-founder of Digispace. Adds Amish Shah, co-founder and CEO of Digispace, "Combining the talent and vision of Bitzio with the technologies, talent and customers of Digispace creates something completely unique in the mobile applications industry - something we're sure other developers will see huge leverage and value in as we deploy our affiliate marketing suite in the coming months. 1. Inc. 500- 2010, Inc. Magazine, © 2011 Mansueto Ventures LLC 2. IDC Forecasts Nearly 183 Billion Annual Mobile App Downloads by 2015: Monetization Challenges Driving Business Model Evolution, June 28, 2011, International Data Corporation (IDC), published by Businesswire Thursday, July 14, 2011 – Bitzio, Inc. Completes Second Acquisition - Continues on Its Aggressive Strategy to Acquire Smartphone Application Businesses - Bitzio, Inc. (OTC.BB: BTZO) today announced that it has entered into an agreement to acquire a developer of niche mobile applications for smartphones. Bitzio Corp., a company separate and distinct from Bitzio, Inc., has been acquired by Bitzio, Inc. Bitzio Corp. has developed over 140 mobile applications in unique vertical markets with over 650,000 downloads in total and is in the process of developing 4,000 additional mobile applications. Bitzio Corp. was founded by Amish Shah in November 2010 and generated application download revenue in its first month of operation. Shah is considered one of North America's foremost leaders and experts in the emerging mobile applications space. In addition to his mobile applications business, he has consulted for various blue chip and Fortune 500 companies including Morgan Stanley, AOL and IBM. Shah has joined Bitzio, Inc. as a member of its new Advisory Board. "We're very excited to have this suite of applications and talented team as part of Bitzio, Inc.," said Gordon McDougall, CEO of Bitzio, Inc. "We remain focused on our strategy to broaden our customer base and marketing reach with established and proven mobile application companies that drive value to our bottom line. Amish is extremely well known in the internet marketing and mobile applications industry, with an unprecedented knowledge base on how to build and market multiple applications on varying mobile application platforms. This addition to our company will allow us to attract and accurately assess other pools of talent in the mobile applications community as we continue to execute on our acquisition strategy." Amish Shah, founder of Bitzio Corp, notes, "The mobile application space is moving at a pace that few foresaw. Bitzio is at the heart of an industry where experts are estimating revenues of $7.3 billion in 2011 and expecting that revenue to grow over 400% to almost $37 billion by 2015(1). Quite simply, we have a vision to not only capitalize on this opportunity but also develop a completely new and different mobile development and marketing platform: one that would look at the future - at Web 3.0 - and be on the leading edge of its evolution. With the new team at Bitzio, Inc., this vision is well on its way to becoming a reality." (1) "App Stores' Direct Revenue to Exceed $14 billion Next year and Reach Close to $37 billion by 2015", Canalys Mobile App Store Analysis forecast, June 2011. Tuesday, July 12, 2011 - Bitzio, Inc. Acquires the Empire Group LLC - Builds on Acquisition Strategy to Rapidly Increase Bitzio Customer Base and Marketing Reach - Bitzio, Inc. (OTC.BB: BTZO) today announced that it has entered into an agreement to acquire The Empire Group LLC ("Empire"), an established developer of entertainment-based mobile applications for smartphones.
Empire has a strong history of App Store success with 24 mobile applications that have been downloaded over 17.5 million times in total. Empire's applications have regularly appeared in the App Store's "Top 50 Paid Overall" and "Top 25 Free Overall" categories. Empire recently launched the application Emojiin the App Store, where it was ranked #18 overall in the free category with over 40,000 daily downloads. Empire is also well known for its entertainment application "Fingerprint Security - Pro", which was an instant success when released in April 2009 and has remained in the top charts ever since. Despite the growing and intense competition in the App Store, "Fingerprint Security - Pro" continues to be one of the top overall paid apps. The founder of Empire, Chad Mureta, and Tayfun Karadeniz, Vice President of Operations, are part of Bitzio's Advisory Board. "The acquisition of Empire is in line with our aggressive acquisition strategy to buy companies with multiple applications that generate revenues and reach unique user demographics. We are pleased to add the Empire team with their ability to build a series of exciting, sought-after applications to Bitzio," said Gordon McDougall, CEO of Bitzio, Inc. McDougall continued, "Each day there is new information proving the increasing demand for mobile applications. Last week, Apple announced 15 billion downloads in their App Store(1). We are excited to be in a space where growth is exponential - and where our diverse team of seasoned management professionals and young, accomplished entrepreneurs can focus on increasing our customer base and marketing reach." "Our focus at Empire has always been to deliver trendsetting and innovative products to the smartphone application marketplace," said Chad Mureta, founder of Empire. "We're excited about being able to leverage the marketing acumen of Bitzio to develop and deliver an array of new products - including applications for Android, iPad® and other platforms - even more effectively." (1)"Apple says App Store Downloads Top 15 Billion", The Associated Press, July 7, 2011 Thursday, July 7, 2011 - Bitzio, Inc. Announces Acquisition Strategy - Bitzio, Inc. (OTC.BB: BTZOD) today announced its strategy to aggressively acquire smartphone application companies over the next twelve months of business operations. It is expected that each targeted acquisition will rapidly increase Bitzio, Inc.'s customer base and marketing reach allowing Bitzio, Inc. to maximize cross-promotional sales opportunities, increase sales conversion and significantly grow both the top and bottom line. "For the next year, our strategy for Bitzio, Inc. is to focus on acquiring smartphone application businesses that have multiple applications in market, are generating revenue and have unique user demographics. We see an enormous market opportunity to acquire and aggregate multiple small to midsize application development firms with existing applications, revenue streams, customer bases and rich application usage information. We believe that the combination of those tangible assets with our Advisory Board of both seasoned business executives and young, but accomplished, entrepreneurs puts us in a very unique position to execute." said Gordon McDougall, CEO of Bitzio, Inc. "Our vision is to use a combination of our talent and experience, technology, data, analytics and social platforms to dramatically increase our share of wallet with each customer." Bitzio's strategy is supported by a market research report by Canalys which was recently reported by Apple Investor and AppleInsider, noting that mobile app sales are expected to double by 2012 and will reach $40 Billion by 2015, and specifically states: "Software sales from Apple's mobile App Store as well as competing platforms (there's basically only one, the Android Market) are expected to continue their huge growth in the coming years, reaching $14.1 billion in direct revenue in 2012 and nearly $40 billion by 2015 according to Canalys. Sales from digital download destinations for mobile devices will grow 92% from an expected $7.3 billion in 2011."(1) Bitzio, Inc. is in the process of finalizing the initial group of acquisitions and is currently reviewing several additional business opportunities that meet its strategic objectives. The Company's trading symbol will change on July 12, 2011, to (OTC.BB: BTZO - News). The trading symbol change is the result of the forward stock split announced June 14, 2011. (1) Canalys Mobile App Store Analysis forecast, June 2011, The Apple Investor: App Sales to Double Next Year, Reaching $40 Billion by 2015, The Business Insider (www.businessinsider.com) - July 1, 2011. Tuesday, June 14, 2011 - Bitzio, Inc. Announces New Advisory Board - New Advisory Board Brings Expertise to Refocus on Social Media and Smartphone Markets - Bitzio, Inc. is pleased to announce the formation of a new advisory board to add to the company's expertise. The advisory board will help the company refocus on targeting acquisitions in the social media and smartphone markets. The advisory board consists of premier internet entrepreneurs and innovators in fields ranging from retail to real estate. "We're excited to bring together some of the brightest talents in application development to make our new direction a surefire success. Their track record speaks volumes. These people know what people want, how to give it to them - and most of all, they know how to make money," said Gordon McDougall, CEO of Bitzio, Inc. "As we look at revamping our company direction, I'm confident the breadth of knowledge provided by our new advisory board gives us the business acumen needed as we launch into the current social media and smartphone Internet boom." About the Advisory Board (See Management in This Green Baron Report on BTZO) Tuesday, June 14, 2011 - Rocky Mountain Fudge Announces Name Change to Bitzio, Inc., Symbol Change and Stock Split - Rocky Mountain Fudge Company, Inc. (OTC.BB: RMFI) the "Company") is pleased to announce that effective June 14th, 2011, the Company's name was changed to Bitzio, Inc. The Company will commence trading under its new symbol, effective immediately. For a period of 20 business days, the Company will trade under the symbol (OTC.BB: BTZOD). After the expiration of that 20 day period, on July 12, 2011, the Company will resume trading under the symbol OTCBB: BTZO. The change of name is intended to reflect the Company's focus on opportunities in the social media and Smartphone markets. The Company also announces that its Board of Directors has approved a forward stock split of the Company's issued and outstanding common shares. The stock split is effective immediately. Each Company stockholder will receive three additional common shares for every common share held on the stock split record date. Stockholders do not have to take any further action. The common shares will commence trading on a post-forward split basis immediately. It is expected that the increased number of outstanding shares resulting from the stock split will improve market liquidity and provide a greater opportunity for investors to become stockholders of the Company. "We are excited about the new developments and direction within the Company. There is tremendous potential in these emerging markets for Bitzio and we are positioning the Company to take large strides," said Gordon McDougall, CEO of Bitzio, Inc. "Now that the Company has been restructured through a forward stock split, we are ready to launch our strategy and fulfill our intention to be a leader of the current social media and smartphone boom." Management Board of Directors Gordon McDougall – Director and CEO - Gord is a seasoned entrepreneur having founded or co-founded 15 companies across a number of industries. He is a professionally trained coach for both individuals and teams, was a stockbroker and has been a trusted advisor to many high-growth companies. William Schonbrun – Special Advisor to the CEO - Bill has spent 20 years in technology, management consulting and marketing. Early on at BDO Seidman in NY working on ERP systems, then helping grow an eCRM company’s revenue from $0 – $30 million in 2 years with a $1.5B Nasdaq IPO to a Business Intelligence firm founded by Tim Bray, the co-author of XML. Bill is just wrapping up a 5 year tenure as an EVP with Blast Radius, a company wholly owned by WPP. Brought on initially to restructure operations pre-merger, he later transitioned to manage global customer acquisitions with WPP and Wunderman. Amish Shah – Director and EVP of Product Vision – Amish is cofounder and CEO of DigiSpace Solutions, an online marketing and advertising company. DigiSpace Solutions generated close to one million dollars in revenue its first year in business and has recently been listed in the Inc500 as the 60th fastest growing private advertising company in the USA. He recently launched a new startup, Bitzio, LLC, a mobile applications development company, which generated revenue in its very first month. He has more than ten years of experience in marketing and advertising. Previously, he consulted for various companies from Morgan Stanley to American Online to the US Senate. Advisory Board Chad Mureta is the author of the soon-to-be-released How to Make Millions with Apps: Simple Steps to Turn Your Idea into App Success. Mureta knows of what he writes: He made millions starting and running his own successful app businesses. He is the founder of Empire Apps and co-founder of T3 Apps, which focuses on entertainment-based mobile applications. In just ten years, he founded and managed seven successful companies in three disparate industries: real estate, newspaper, and mobile applications. Tayfun Karadeniz is a co-founder of T3 Apps and has acted as managing partner on several mobile application development companies. Karadeniz joined Empire Apps in 2010, concentrating on improving technology infrastructure, streamlining project management and upping marketing revenue. He played a key role in Empire’s rapid expansion – and 280% revenue growth within one year. Glen Wallace provides expert advice to keep Bitzio on financial and regulatory track with its new focus. He has served as Chief Financial Officer and director with several development stage public companies since the 1990s, with extensive skills in regulatory compliance, finance and administration of emerging companies. He is a Certified General Accountant and MBA with over 25 years of experience in business administration, accounting and the formation, acquisition, administration and restructuring of publicly listed companies, and was a partner in the accounting firm of Austin Chan & Wallace. Green Baron Conclusion Through its acquisition and expansion strategy in the high growth smartphone app business, Bitzio has positioned itself to be a leader in current social media and smartphone boom. Its first three acquisitions will bring immediate revenue to the Company, and its management team contains some of the best talent and experience in developing smartphone apps. The acquisition of Digispace Solutions, LLC announced earlier this month on August 4, 2011 will bring respectable revenues to BTZO right away. Digispace was already recognized as one of the fastest growing private companies in the United States, and merging with Bitzio will likely continue to propel revenues at a meteoric growth rate. Amish Shah, now a Director of Bitzio and co-founder/CEO of Digispace forecasted, …”we’re sure other developers will see huge leverage and value in as we deploy our affiliate marketing suite in the coming months." Bitzio Corp.(not to be confused with Bitzio, Inc.) includes assets of over 140 mobile applications in unique vertical markets with over 650,000 downloads in total, and is in the process of developing 4,000 additional mobile applications. The acquisition of The Empire Group LLC will bring 24 mobile applications that have been downloaded over 17.5 million times in total. Empire's applications have regularly appeared in the App Store's "Top 50 Paid Overall" and "Top 25 Free Overall" categories. These two acquisitions provide a solid platform to build from. The Green Baron Report believes BTZO will continue to significantly add to its library of smartphone apps through acquisition, and its model that allows app developers to look to Bitzio for help in marketing and monetizing their apps. BTZO is a rare pure stock play on smartphone apps with a fantastic plan to grow quickly in one of the highest growth businesses in the world. We suggest members to seriously consider adding BTZO to your portfolio before it becomes a buyout target of someone else. Contact: Gordon McDougall, CEO Email: Gordon@bitzio.com Investor Relations:
Phoebe Yong, Communications Director Email: phoebe@bitzio.com |
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