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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 Declares 10% Stock Dividend

01/06/2011 1:30pm

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 announced that its Board of Directors has declared a 10% stock dividend on shares of its common stock, payable on July 15, 2011, to shareholders of record on June 15, 2011.

As a result of the stock dividend, each shareholder will receive one new share of TMA’s common stock for every 10 shares of common stock they hold as of the record date. When applicable, fractional shares will be issued. As a result of the 10% stock dividend, the outstanding shares of the Company's common stock will increase by 190,157.80 shares, from 1,901,578 shares outstanding to 2,091,735.80 shares outstanding.

TMA stock is quoted on the OTC Markets (http://www.otcmarkets.com) under the symbol “MAAL”.

TMA’s transfer agent is American Stock Transfer & Trust Company, LLC, 6201 15th Avenue, Brooklyn, New York, 11219, and can be reached at (718) 921-8293.

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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