For anyone interested, this will help explain why INIA is a hidden gem that has unlimited potential given recent events. Contributions to this has been made by all of our mods and long holders.
8/21 Updates (Via Phone and Email Conversations with CEO):
- Awaiting FINRA approval of 10 for 1 forward stock split and Corporate Dividends - PR 'very very shortly' per CEO - Company is in 'Gear Up Mode' - O/S and S/S has NOTchanged - Possible retirement/return of shares to the company (see sticky)
Closed +33% @ .12 on only 22.1k volume.
Outstanding Shares (updated S/S will be updated soon per CEO) 104,488,300 as of Mar 31, 2009 Authorized Shares 500,000,000 as of Mar 31, 2009 Float(shares) 17,238,300 as of Mar 31, 2009
1. ACQUISITION OF MANHATTAN TRANSFER REGISTRAR COMPANY THURSDAY AUGUST 5TH, 2010 Inicia Incorporated Acquires Manhattan Transfer Registrar Company and Announces New Management and Name Change
2. FORWARD 10 TO 1 STOCK SPLIT ANNOUNCED As announced in the August 5th acquisition PR, INIA will be initiating a forward 10 to 1 stock split. A forward stock split benefits shareholders by helping to increase the amount of liquidity for investors and once uplisted (see #4) helps to attract institutional buyers.
Forward Stock Split Example: SLPO SLPO (formerly SLAT) announced a 3 for 1 forward split on 10/13. The stock closed at $0.58 (post split $0.1933) on 10/12. The company announced on 10/16 that the effective date of the split would be Monday October 19th. The stock closed at $0.68 (post split $0.2267) on the 16th and ran all the way to close at $0.35 (split adjusted $1.05) on the 19th or a gain of 54% in just one day and 81% from the split announcement on October 13.
Now imagine how INIA might react with only 17m O/S once the forward stock split date is announced?! This is why you want to have and own a position in this sooner (now) rather than later.
3. Goal is to be AT LEAST PS current and would like to uplist "the higher the market the better" .
You can safely assume INIA will make every effort to be current in their financial reporting and audits. After all they just acquired a stock transfer company! We all know how a penny stock reacts when a company updates their status to current and fully reporting status.
4. NEW WEBSITE COMING This speaks for itself. You can't take on the 'big players' and expect to take a piece of their cake unless you have a multi-functional/interactive website that is client focused.
5. Manhattan Stock Transfer Company Has Big Clients (thanks STOCKMAN69!) Click here for a complete list! You'll like what you see! Just a few of the companies I've found they represent:
Thank you for your interest in investing in Inicia Incorporated whose name is being changed to Corporate Universe Inc. Corporate Universe and its subsidiaries, one of which is Manhattan Transfer Registrar Company, was the idea of CEO John Ahearn and his Counsel and now COO and Secretary, Michael S. Krome, Esq. Our mission is to create a full service company which can provide public companies with all the tools they need at a reasonable price. We have incorporated EDGAR filings to our clients at up to a 50% discount and press releases at a discount to PR Newswire and Marketwire. We are considering packaging these services to our clients and offering an even a greater savings. Manhattan Transfer has been a profitable company for many years and we expect to increase our market share in the years to come. If you have any other questions please feel free to call me at your convenience.
John Ahearn Senior Partner Manhattan Transfer Registrar Company 57 Eastwood Road Miller Place, NY 11764 (631) 928-7655 (631) 928-6171 Fax jahearn@streettransfer.com www.mtrco.com
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