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InAmerica, Inc. Announces FINRA’s Approval of Its New Stock Symbol
SAN DIEGO - January 10, 2011 - InAmerica, Inc. announced today that it had been advised by FINRA OTC Corporate Actions that it had approved the change of the Company’s stock symbol from IPME to INAX.
InAmerica had recently completed its rescue of the corporate entity that had been hijacked in 2007 by fraudsters. The rescue was completed in time to celebrate the Company’s 43rd anniversary.
In October 2007, InAmerica President, C. Gus Cristo, while filing company reports at the Arizona Corporation Commission, discovered that certain individuals, using forged documents, merged the corporate entity into a new Delaware corporation of the same name, with the new Delaware corporation being the surviving entity. The company was then sold, in a sham transaction, to others while moving its headquarters to British Columbia, CANADA. The company name was changed to International Precious Metals Group, Inc., with a new stock symbol (IPME) and CUSIP number. Management believes the company was destined to become, what is known as a “pump and dump” scheme to defraud unsuspecting investors. Luckily, Cristo uncovered the hijacking shortly after it was executed.
InAmerica is a diversified holding company that specializes in developing leading edge innovative technologies and the acquisition, reorganization and turnaround of distressed businesses that retain dramatic potential once a recovery is completed. The company typically seeks to divest itself of the revived businesses through spin-off or outright sale to a company with a strategic need and fit.
Press Contact:
C. Gus Cristo,
President
InAmerica, Inc.
918.728.7788
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