KINGWOOD, Texas, Jan. 19 /PRNewswire-FirstCall/ -- International Merchant Advisors, Inc. (Pink Sheets: IMAI) (www.imaiinc.com) is proud to announce that it has met all Pink Sheet legal and accounting requirements necessary to move up from Limited Information to Current Information status. All shareholders may now view the Company's Initial Company Information and Disclosure Statement, as well as other financial associated documents that are required to achieve Current Information Status with Pink OTC Markets, Inc.
According to Pink OTC Markets, securities of Pink Sheet companies that provided current disclosure to the public markets, either through a regulator or directly to Pink OTC Markets, represented 80.2% of all the dollar volume traded so far in 2009. The average dollar volume per security in 2009 has averaged $81,259,055, for securities that obtained Current Information Status with Pink OTC Markets, compared to $745,812, which is the average dollar amount per security with No Information.
"Given the statistics cited above, achieving Current Information Status with Pink OTC Markets is a major milestone in International Merchant Advisors' overall strategy to improve shareholder value and boost liquidity for our stock. We believe that potential investors who have been following our Company will now feel more comfortable in buying shares given our higher level of transparency," stated Mel Roseman, CEO of International Merchant Advisors, Inc.
About: International Merchant Advisors, Inc. (www.imaiinc.com)
International Merchant Advisors Inc. (IMAI) is an international business banker and builder of companies. IMAI provides direct access to the critical tools necessary to satisfy the growth requirements of international emerging and re-emerging public and private companies. These tools include providing mergers and acquisitions, strategic advisory services, capital raising strategies, direct access to capital markets, and organizational development and business plan execution.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
SOURCE International Merchant Advisors, Inc.