The Board of Directors of SMA Alliance, Inc. (OTCPK:SMAA) authorized a share repurchase program on December 14, 2011. Under the program, the company will repurchase up to 12,000,000 shares of its issued and common stock pursuant to Rule 10b-18. The Company's Chief Executive Officer Anthony Baker will conduct repurchases on company's behalf. The repurchases will commence on February 1, 2012, and will end on December 31, 2012.

SMA Alliance, Inc.'s share repurchase program expired on December 31, 2012.