Marketing Alliance (PK) (USOTC:MAAL)
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The Marketing Alliance, Inc. (Pink Sheets: MAAL) ("TMA" or the
"Company"), a consortium of independent life insurance
brokerage general agencies located throughout the United States, today
announced that its Board of Directors authorized a $0.17 per share cash
dividend for shareholders of record on December 1, 2006, to be paid on
or about January 31, 2007. This is the latest dividend payment to
shareholders and an increase of 13% over last year’s
cash dividend of $0.15 per share.
The Company also announced that its Board of Directors has
extended until December 31, 2007 the program allowing the Company to
repurchase at its discretion up to 100,000 shares of TMA common stock.
Currently, there are approximately 2.0 million shares of TMA common
stock outstanding.
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. TMA’s
network is comprised of independent life brokerage and general agencies
in 43 states. Investor information can be accessed through the
shareholder section of TMA’s website at http://www.themarketingalliance.com/si_who.cfm.
TMA stock is traded in the “pink sheets”
(www.pinksheets.com) under the
symbol “MAAL”.
These shares may be purchased or sold through any broker, or through a
market-maker in TMA stock, such as Robotti & Company.
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.
The Marketing Alliance, Inc. (Pink Sheets: MAAL) ("TMA" or the
"Company"), a consortium of independent life insurance brokerage
general agencies located throughout the United States, today announced
that its Board of Directors authorized a $0.17 per share cash dividend
for shareholders of record on December 1, 2006, to be paid on or about
January 31, 2007. This is the latest dividend payment to shareholders
and an increase of 13% over last year's cash dividend of $0.15 per
share.
The Company also announced that its Board of Directors has
extended until December 31, 2007 the program allowing the Company to
repurchase at its discretion up to 100,000 shares of TMA common stock.
Currently, there are approximately 2.0 million shares of TMA common
stock outstanding.
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. TMA's network
is comprised of independent life brokerage and general agencies in 43
states. Investor information can be accessed through the shareholder
section of TMA's website at
http://www.themarketingalliance.com/si_who.cfm.
TMA stock is traded in the "pink sheets" (www.pinksheets.com)
under the symbol "MAAL". These shares may be purchased or sold through
any broker, or through a market-maker in TMA stock, such as Robotti &
Company.
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.