SOURCE: InternetArray

March 11, 2011 15:49 ET

InternetArray Completes Reverse Stock Split, Effective March 14, 2011

NEW YORK, NY--(Marketwire - March 11, 2011) - InternetArray, Inc. (PINKSHEETS: INAR) today received regulatory approval for the Company's 1-for-2500 reverse stock split, which will become effective at 12:01 a.m. Eastern Time on Monday March 14, 2011. The current stock ticker symbol, INAR, is expected to be appended with a "D" to indicate the completion of the reverse split. After a 20-day period, it will revert from INARD to INAR.

The stock split will allow the Company to complete imminent new business expansion projects and acquisitions while providing a viable trading platform. More details will be forthcoming.

About InternetArray, Inc. (www.internetarray.com)

InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.

This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ from the assumptions currently anticipated.

Contact Information

  • Contact:
    InternetArray, Inc.
    Investor Relations
    P. 646-836-7220
    Email Contact