SOURCE: SMA Alliance, Inc.

SMA Alliance, Inc.

May 17, 2011 19:29 ET

SMA Alliance Close of Business Day Report for Tuesday, May 17, 2011

NASHVILLE, TN--(Marketwire - May 17, 2011) - SMA Alliance, Inc. (PINKSHEETS: INVB) states its new business and changes to its client portfolio daily, to better inform its shareholders.

Today, SMA Alliance, Inc. is honored to welcome to the SMA Alliance: Landers McLarty Dodge Chrysler Jeep in Huntsville, AL. This new dealer, which has joined the SMA Alliance today, increased our projected revenues over the next 12 months by $59,880.

Further, the Company received confirmation of receipt from FINRA and requested secondary confirmation, which has been sent forth, for recognition of the corporate name change from Inventbay.com, Inc. to SMA Alliance, Inc. The symbol change, from "INVB" to "SMAA," has been requested and confirmed. The dates concerning the reverse split are:

  • Daily List Date: 05/19/2011
  • Effective Date: 05/20/2011

The Company believes these dates to be accurate and that all processes of change shall be complete however may vary, according to FINRA.

The BOD and executives met today concerning these events and maintains a positive attitude. Also, discussions were made of inclusion of key executives and board members prominent in the automobile and telecommunications industry with more to be disclosed at a later date as discretion in these matters is honored.

A special thanks to FINRA and to Corporate Council for promptness and diligence.

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company's filings on www.otcmarkets.com. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Contact Information

  • Contact:
    SMA Alliance, Inc.
    Telephone: 888.330.6623
    E-mail: Email Contact