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MAAL Marketing Alliance Inc (PK)

1.73
-0.02 (-1.14%)
Last Updated: 17:09:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marketing Alliance Inc (PK) USOTC:MAAL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -1.14% 1.73 1.73 1.75 1.73 1.73 1.73 2,500 17:09:18

The Marketing Alliance Confirms That It Has Secured DTC Eligibility

21/06/2012 9:28pm

Business Wire


Marketing Alliance (PK) (USOTC:MAAL)
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The Marketing Alliance, Inc. (OTC: MAAL) (“TMA”), a provider of services and distributor of products to independent insurance agencies throughout the United States, today confirmed that the Company has secured DTC Eligibility by The Depository Trust Company for its shares on the OTC.

The Depository Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation (DTCC), and manages the electronic clearing and settlement of publicly traded company stocks and other securities. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.

About The Marketing Alliance, Inc.

Headquartered in St. Louis, MO, TMA is one of the largest organizations providing support to independent insurance brokerage agencies, with a goal of providing members value-added services on a more efficient basis than they can achieve individually.

Investor information can be accessed through the shareholder section of TMA’s website at http://www.themarketingalliance.com/si_who.cfm.

Forward Looking Statement

Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect TMA's business and prospects. Any forward-looking statements contained in this press release represent our estimates only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our estimates as of any subsequent date. These statements involve a number of risks and uncertainties, including, but not limited to, general changes in economic conditions. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so.

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