SOURCE: SMA Alliance, Inc.

November 14, 2011 09:00 ET

SMA Alliance Begins Preparations for Dual Listing on the Frankfurt Exchange

NASHVILLE, TN--(Marketwire - Nov 14, 2011) - SMA Alliance (PINKSHEETS: SMAA) announced today that due to their continued growth and plans of expansion into the European market, preparations are underway that will allow for SMA Alliance to offer the sale of its common stock on the Frankfurt Exchange. Over the next several weeks, SMA will submit a complete due diligence package to the appropriate agencies who will submit the necessary documents in order to complete the filings. Normal time frame of such transaction typically takes 4 to 5 weeks for the listing to appear on the Frankfurt Exchange.

The Board of Directors of SMA Alliance is meeting with corporate council to discuss compliancy regulations as well as possible benefits to the current shareholder base with regards of the dual listing. According to SMA and after an approval process, a detailed statement will be issued to the public.

Mr. Anthony Baker, CEO of SMA Alliance, stated, "FINALLY... after having months of discussion on the benefits to our company, and our shareholders, we have come to an agreement to begin the dual listing process. As CEO of this company, I'm continually faced with challenges that will ultimately change the face of the organization for the better! An offering such as this, will not only secure the future SMA Alliance, but will open doors for the company and investors worldwide."

In closing Mr. Baker stated, "One benefit being discussed with the attorney is an offering of a dividend to the current shareholder base. I think this is a great way for SMA to show appreciation for the continued support of each shareholder."

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.

Contact Information

  • Contact:
    Anthony Baker