SMA Alliance, Inc. Approves a Loyalty Stock Dividend
January 17 2014 - 8:00AM
Marketwired
SMA Alliance, Inc. Approves a Loyalty Stock Dividend
NASHVILLE, TN--(Marketwired - Jan 17, 2014) - SMA Alliance, Inc.
(PINKSHEETS: SMAA) announced today that, pursuant to a special
meeting of the Board of Directors, the Directors have passed a
resolution approving a stock dividend to all stockholders of
record. The exact timing and setting of the official record
date will be shortly announced pending FINRA's final
approval.
In anticipation of the
implementation of the company's new goals and objectives, and as a
reward for the past loyalty and patience the shareholders have
shown, the Board has approved a Stock Dividend that will pay all
shareholders of record a 10% stock dividend. This dividend
would issue each shareholder 10 new SMA Alliance, Inc. shares for
every 100 held.
The company has requested a
record date of 1/29/2014 with a distribution date of 2/3/2014. New
share certificates will be mailed directly to all qualifying
shareholders of record by the Company's Transfer Agent within 30
days of the Record Date. The Company recommends that all
stockholders contact their brokers to ensure their mailing
information is current so that there will not be any issues in the
delivery of the new stock certificates.
"We have approved this Stock Dividend to reward the loyalty and
patience the shareholders have shown and look forward to their
continued loyalty as we implement our growth plans and focus into
the new year," stated Troy Martocia, C.E.O. of SMA Alliance,
Inc.
Safe Harbor Statement: This
news release includes forward-looking statements pertaining to
future anticipated projected plans, performance and developments,
intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995. Any
statements on this news release that are not statements of
historical fact should be considered forward-looking statements.
These forward-looking statements generally can be identified by
phrases such as "believes," "expects," "anticipates," "foresees",
"forecasts," "estimates," "intends," or other words or phrases of
similar import. Similarly, statements in this news release that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
Investor Relations SMA Alliance Email Contact
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