SMA Alliance, Inc. (OTCPK:SMAA) acquired Cars.net on September 14, 2012. SMA issued 6 million shares as consideration. SMA Alliance, Inc.'s software will be incorporated into Cars.net platform to integrate up to five million unique viewers per month.

SMA Alliance, Inc. (OTCPK:SMAA) completed the acquisition of Cars.net on September 14, 2012.