INAR - Internet Array - $0.0011 -0.0004 -26.67%
I have been watching this stock for a while. When I first discovered it (11/03/09), I paid $0.0019 for 1578 shares. Today, I bought 26,730 shares at $0.001.
Today INAR was at $.0013 when I first checked it with a vol of 45.81 million this morning.
Book Value Per Share is -132.21
EPS - (-125.42)
52 week High - $0.34
Last 12 months - Sales Growth +349.20%
Last 12 months - Income Growth +92.90%
Just a min ago (11/17/09 @ 1335), the volume today it was at 102,716,428
I would hurry!
- Newly Developed Website Businesses Will Operate through Subsidiaries -
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ - InternetArray, Inc. (OTC: INAR)
announced today that it has incorporated two new subsidiaries, in conjunction
with its operating partners, to manage and run its BidSellBuy.com and
PremierGoldTraders.com website businesses.
"BidSellBuy.com and PremierGoldTraders.com both have the potential to operate
as stand-alone businesses. As such, we decided it was in our shareholders and
partners best interests to establish each operation as an independently-run
business under the InternetArray umbrella." said Michael Black, CEO of
Internet Array. "This management structure also allows for greater flexibility
in financing and for independent market branding of each operation."
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early
stage Internet companies. The Company's mission is to identify and develop
collaborative business partners into viable and profitable companies.
Another headline:
NEW YORK, NY--(Marketwire - November 2, 2009) - InternetArray, Inc. (
PINKSHEETS:
INAR) announced today that PremierGoldTraders.com, InternetArray's new online gold and precious metals buying business went live on October 31, 2009 with the release of Version 1.0 of the website.
PremierGoldTraders.com's website was completed by the Noobis, Inc. development team. The website is designed as a leading-edge marketing and order-processing site that is utilizing the latest search engine optimization and development tools to create an appealing and efficient customer service system.
Revenue will be generated through an established resale network and in appropriate instances through BidSellBuy.Com, our online auction and shopping network of the gold and jewelry acquired.
BidSellBuy Update: The BidSellBuy Website is near completion. A specialized and defined vertical market focus is being implemented for the website and public release is on track after testing is finalized within the next two weeks.
THE MOST UP-TO-DATE:
NEW YORK, NY--(Marketwire - November 13, 2009) - InternetArray, Inc. (
PINKSHEETS:
INAR) provided guidance today on its business strategy regarding BidSellBuy.com, its reverse auction site developed by Noobis, Inc. After extensive research and data analysis, the company feels it has exposed a strong market for BidSellBuy.com to initially enter with its reverse auction platform by targeting the packaged travel vertical.
"BidSellBuy serves both the buyer and seller, therefore we wanted to start with one market that would allow us to be economical in our marketing and promotional efforts while being receptive to our reverse auction platform," said Michael Black, CEO of Internet Array. "We found that packaged travel, such as all-inclusive trips, was a natural fit and has room for innovation. Travelers are looking for deals in this economy and travel agencies and travel proprietors are looking for better ways to obtain customers online."
According to Forrester, "Online leisure, unmanaged business, and managed business travel spending will increase from $111 billion in 2008 to $117 billion in 2009 and reach $158 billion by 2013. Two major factors contribute to this shift: modestly more people who buy travel online (Bookers) and a continuing shift in sales from offline channels to the Web."
