Asura Development Group, Inc.(fka IAGI)

[Peasodos]

RIP $52 for now.

[zzz_male]

And more information.
.
.

http://investing.businessweek.com/research/stocks/private/person.asp?personId=2128427&privcapId=2128519
.
Chairman and Chief Executive Officer Mr. Mark I. Lev Esq.
.
Corporate Headquarters
One Penn Plaza
New York, New York 10019
United States
Phone: [phone]
Fax: [phone]
.
Mr. Mark I. Lev Esq. Affiliations Asura Development Group, Inc.
.

[Peasodos]

iagi.com is registered in Portugal and has nothing to do with this company:

Admin Name: Carlos Paredes
Admin Organization:
Admin Street: Av. Ceuta, 21 - 3. Esq
Admin Phone: [phone]

asuradevelopment.com is available for registration and anyone can buy it right now.

They are a private company, now that it's de-listed.
There Japanese home builder acquired a few years ago still exists and operates.
zesthome jp
zest-home.com

Since it's de-listed and non-reporting, Zest Home is the only hope I have to ever seeing this company come back sometime in the future.

[zzz_male]

My thought ....................... IAO, IAGI & ASURA all gone!

SEC Securities Exchange Commission is protecting investors to impose the sanction.

We invested they vanished!

We can pool information and quickly attempt to justify our investment(s) for any CEO of IAGI representation or any information anywhere.

Is there any legal person in our investor pool?

The clock is ticking. . . . .

www.asuradevelopment.com gone

http://iagi.com/ is now a legal domainsponsor com

The clock is ticking. . . . .

If investors wait the facts and people will age!

[zzz_male]

IAGI adrift ...................................................


Mark E. Scott

http://www.sec.gov/litigation/admin/2014/34-73402.pdf

In view of the foregoing, the Commission finds that it is necessary and appropriate for the protection of investors to impose the sanction specified in Respondent’s Offer.

Share Major Holder

Mark E. Scott

WMTN Acquisition Share Major Holder
VSUL Acquisition Share Major Holder
IAGI Acquisition Share Major Holder
SURE Acquisition Share Major Holder

Mark E. Scott

The IAO now Iagi/ASURA is adrift!

The clock is ticking. . . . .

[Peasodos]

So it's delisted now, whatever you own you still own, just unable to trade it unless by some miracle they start reporting and go public again.

[zzz_male]

IAGI kept raking in the few dollars and kept dropping for NO investor sells. Having Asian companies Americans cannot do anything!

If you contact any company and ask how is business they will most likely say slow or dead!

Asura changed names to avoid paying out. Now we investors are out!

[Peasodos]

I tried to make contact with the previous CEO Brian, but all he says is that he's not associated with the company anymore. Few years ago they announced that they had overcome the hurdles of auditing a Japanese company, was going to fully report soon, and administer a symbol change to reflect the new name. Nothing has come of it since.

The Japanese home builder they acquired a few years ago, still exists and operates:
http://zesthome.jp/
http://www.zest-home.com/

I just don't understand why they are not reported or who's in-charge. I know the company was strapped for cash, but it still doesn't all add up for me.

[Renee]

I agree with your assessment. I wonder why the SEC didn't follow their usual protocols by first suspending the stock with an Admin Proceeding.

Asura was 4 years delinquent in filing Financials so it was inevitable the stock registration would be revoked.

To my knowledge a company can only file a Form 15 to voluntarily deregister their stock when their Financials are current. That timeframe for a Form 15 would have been in early 2011 when they had filed their 10Q in December 2010. Once the next Financials became delinquent they forfeited their opportunity to voluntarily deregister whereby the company could have continued trading on the OTC Markets as a non-reporting stock.

Excerpt:

2. Asura Development has failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because it has not filed any periodic reports since it filed a Form 10-Q for the period ended December 31, 2010.

http://www.sec.gov/litigation/admin/2014/34-73402.pdf

[integral]

Care to add anything to this? Did I miss something?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107501833

[integral]

Asura did not voluntarily revoke its registration, they were seriously delinquent on its filing requirements. It caught notice of Division of Enforcement at the SEC where they sent a certified letter of notice to cure the delinquency.

The Company then responded. The Company has an opportunity to "withdraw" its registration by filing Form 15-12g with the SEC on Edgar, subject to the company having the provisions available to them. In this case, they did not "voluntarily" file a "withdraw" because it had too many shareholders and did not qualify to withdraw its registration because it is not exempt from its filing requirements.

Without having the ability to voluntarily "withdraw" its registration, it was left with one of two choices: 1) ignore the OIP initiated by the Commission; or, 2) respond to the notice.

Either way, the Commission was going to proceed with the OIP to revoke the registration of the company's securities pursuant to Section 12j of the Act with or without the consent of the issuer.

In this case, the issuer agreed to the Commission revoking its registration, not that it had any choice.

[Peasodos]

Here is an interesting article to read, on company's voluntarily de-listing(going dark) to avoid the costs of being public.

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/

According to the sec filing, Asura Development offered to have the registration revoked in which the commission accepted.

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/

I don't think this company is worthless, I believe it was done intentionally for now to become a private company again, time will tell what becomes of Asura Development. I'm a firm believer in the Zest Japanese Home builder they acquired a few years ago.

[Peasodos]

It's been delisted. Now a private company. You cannot trade your shares, whatever you own will stay that way, unless by some miracle the company starts reporting and goes public again. Very unlikely, but then again we have no idea whats going on.

[integral]

Symbol Not Found.

[Peasodos]

"It's Just Been Revoked!" - Peter Griffin

[integral]

LOL! Yep!!!

[cashwallet]

WHAT A POS!

[Renee]

IAGI revoked:

http://www.sec.gov/litigation/admin/2014/34-73402.pdf

[Peasodos]

Major shareholders own 65% Edit to previous Post.

Share Structure Prior to 50:1 reverse split, taken from annual report at the time.
As of July 14, 2010, there were 351.7 million shares of common stock issued and outstanding. There are 450 million shares authorized.

Significant shares of common stock are held by our principal shareholders, other Company insiders and other large shareholders. As “affiliates” (as defined under Rule 144 of the Securities Act (“Rule 144”)) of the Company, our principal shareholders, other Company insiders and other large shareholders may only sell their shares of common stock in the public market pursuant to an effective registration statement or in compliance with Rule 144.

As of March 31, 2010, IAJ LBO Fund, PBAA Fund Limited, Terra Firma, Inter Asset Japan Co Ltd (“IAJ”), IA Turkey and Hiroki Isobe, (collectively, the “Controlling Shareholders”) collectively held approximately 43.2% of our common stock. These Controlling Shareholders have stated in a Schedule 13D that they may be deemed to constitute a “group” for the purposes of Rule 13d-3 under the Exchange Act. Hiroki Isobe controls each of our Controlling Shareholders. As of July 14, 2010, the Controlling Shareholders hold 8.0% of our common stock.

Total of 168,102,022 held by the above named entities.

Divide by 50 and that means post split the above entity's own:
3,362,040 shares

Source:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52711576

The former CEO Brian controls 116,916 shares.

Source:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74705620

On September 16, 2012 they issued 3,200,000 shares of the Company’s restricted common stock to its directors, and a former officer and service providers in exchange for services rendered as director or officer or for services, as the case may be, between September 1, 2011 and December 31, 2012.

"the Company has 14,668,694 of its common stock issued and outstanding"

Source:
http://www.sec.gov/Archives/edgar/data/1077634/000107878212002611/f8k101012_8k.htm

Acquisitions:
500,000 post split to JSK Fund Co Ltd to acquire Car Planner Co Ltd
Source: http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=IAGI:US&sid=aAEFQ2Pvl5bY

280,000 post split to acquire 60% of Johnny Co Ltd
Source: http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=IAO:US&sid=agSK7Vf5N0G8

666,666 post split plus debt to acquire 100% of Zest Corporation Co Ltd and Zest Home Co Ltd (“Zest”)
Source: http://www.thestreet.com/story/10811212/1/ia-global-announces-letter-of-intent-to-acquire-zest-corporation-co-ltd-with-annual-sales-of-28-million.html

On May 20, 2011 they solid 1,500,000 $ $0.25 to Mark Lev an accredited investor
Source:
http://www.sec.gov/Archives/edgar/data/1077634/000116169711000492/form_8-k.htm

By my count that's: 9,625,622 out of 14,668,694(outstanding as of September 16, 2012) or about 65% of the company owned by institutional investors and insiders.

[Peasodos]

Who else have you tried to contact?

Ryuhei Senda(in Japan) is supposed to be the Japan Country Manager for Asura Development, overseeing the operations of subsidiaries Zest Corporation Co Ltd and Zest Home Co Ltd (“Zest”), the Japanese home builder. I have tried linkedin, some people search sites, Facebook, and cannot find any contact information on this guy.

Here is a PR after the name change referring to the Japanese home builder, the latest news reported about Zest:
http://www.businesswire.com/news/home/20121011006499/en/IA-Global-Announces-Change-Asura-Development-Group#.U8Yjf7HCZaQ

If Brian is no longer in charge or associated with the company, who's managing the subsidiaries and running the show, it appears the coffers ran dry in the US and there is no one in charge at least in the US.

My only hope is at least the subsidiary, Zest is doing well and have recovered well from the tsunami several years ago and this company will reemerge.

Like you point out, the low trad-able float, L2's, and share structure are all very excellent if any positive news comes out, but without anything we are in limbo.

[Troy Lando]

$IAGI 52wk range .001-.109 11MM OS

[Peasodos]

I emailed him:

3/21/13

"When to expect the ticker symbol change?

When was it applied for?"

He said:
"Our expectation is now April 2013."

This is well after his employment contract expired but from my understanding he was the acting head of the company at the time. Ticker symbol never changed and he hasn't replied to my email since.

[Peasodos]

Here is a link back to my post from 2012:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81378952

He had a resume on his website that said:
"CEO/Chairman BIO

Director of Asura Development, Inc. Chairman/CEO since September 2009. Restructured and rebuilt annual revenues of $40M in construction, development and solar revenues in Japan"

All the links are dead now and also there was a company presentation on asuradevelopment.com that had estimated revenues of 40 million at the time, link is also not working anymore.

[mick]

Ia Global, Inc. (PN) (IAGI)
0.0047 ? 0.0 (0.00%)
Volume: 0 @- ET

Bid Ask Day's Range
0.005 0.0077 - - -

IAGI Detailed Quote Wiki

[Troy Lando]

New Market Maker WABR ~ Wall St Access new on L2 #'s



http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=IAGI&SortBy=volume&Month=6-1-2014&IMAGE1.x=11&IMAGE1.y=12

$IAGI

[Troy Lando]

More than likely just the companies registrant for the domain

From my understanding him and others stopped being compensated for their services.

This led to breach of contract and no longer CEO

I have some other contacts I am reaching out to @ "IAGI"

[Peasodos]

He still owns the domain name, asuradevelopment.com
Expiration/renewal date is 07/11
We'll see if he renews.

Also in 2011 there was a financing deal with an accredited investor for $375,000, done at $0.25 per share and there were warrants @ $0.35 per share that recently expired.

[url]https://www.sec.gov/Archives/edgar/data/1077634/000116169711000492/form_8-k.htm
[/url][tag]https://www.sec.gov/Archives/edgar/data/1077634/000116169711000492/form_8-k.htm[/tag]


Domain Name: ASURADEVELOPMENT.COM
Registry Domain ID:
Registrar WHOIS Server: whois.networksolutions.com
Registrar URL: http://networksolutions.com
Updated Date: 2013-07-11T00:00:00Z
Creation Date: 2012-07-11T00:00:00Z
Registrar Registration Expiration Date: 2014-07-11T00:00:00Z
Registrar: NETWORK SOLUTIONS, LLC.
Registrar IANA ID: 2
Registrar Abuse Contact Email: [e-mail]
Registrar Abuse Contact Phone: [phone]
Reseller:
Domain Status: clientTransferProhibited
Registry Registrant ID:
Registrant Name: Hoekstra, Brian
Registrant Organization:
Registrant Street: 10040 E Happy Valley Rd
Registrant City: Scottsdale
Registrant State/Province: AZ
Registrant Postal Code: 85255
Registrant Country: US
Registrant Phone: [phone]
Registrant Phone Ext:
Registrant Fax: [phone]
Registrant Fax Ext:
Registrant Email: [e-mail]
Registry Admin ID:
Admin Name: Hoekstra, Brian
Admin Organization: null
Admin Street: 10040 E Happy Valley Rd
Admin City: Scottsdale
Admin State/Province: AZ
Admin Postal Code: 85255
Admin Country: US
Admin Phone: [phone]
Admin Phone Ext:
Admin Fax: [phone]
Admin Fax Ext:
Admin Email: [e-mail]
Registry Tech ID:
Tech Name: Hoekstra, Brian
Tech Organization: null
Tech Street: 10040 E Happy Valley Rd
Tech City: Scottsdale
Tech State/Province: AZ
Tech Postal Code: 85255
Tech Country: US
Tech Phone: [phone]
Tech Phone Ext:
Tech Fax: [phone]
Tech Fax Ext:
Tech Email: [e-mail]
Name Server: NS65.WORLDNIC.COM
Name Server: NS66.WORLDNIC.COM
DNSSEC: not signed
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of whois database: Tue, 01 Jul 2014 15:50:19 UTC <<<

[Troy Lando]

$IAGI moves on air

[Troy Lando]

I emailed him and asked 3 questions
1) Does the company exist anymore
Reply: Don't know
2) Are you affiliated with the company
Reply: NO
3) If so how
Reply: NA

Sent from his Iphone via aol

Pretty short so IDK...

I just like the L2 and Chart setup. $1k sends this flying on the ask..

With any kind of event it goes parabolic into silver again IMO

[Peasodos]

Yeah, I'm not really sure about that marker maker.

What do you mean by out?
He's no longer chairman or acting head of the company and not involved anymore?

They changed the name to Asura Development and ticker symbol change was supposed to happen 1.5 years ago, also filing financials for the last few year, and then dead silence.

The Japanese home builder they accursed a few years ago still has working websites with new updates:
http://www.zesthome.jp/
http://www.zest-home.com/

They supposedly got over the logistical hurdles of auditing the Japanese company a few years ago, but haven't heard anything since.

[Troy Lando]

Any thoughts on the recent volume and WABR showing up on L2?

Wall Street Access Market Maker WABR

They seem to have just got on $IAGI
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=IAGI&SortBy=name&Month=5-1-2014&IMAGE1.x=23&IMAGE1.y=8

I communicated with Brian and he said he is out

[Peasodos]

They haven't reported since October 2012.

10% of the outstanding shares(about 14 million last time they filed something) traded Friday, well it's the most exciting thing that's happened in a long time.

[MONEYMADE]

,,,,,,,Without news...the hard part is always....EXITING! LOL Right??

[mick]

IA Global, Inc. [$IAGI] due diligence
$IAGI

DD Notes ~ http://www.ddnotesmaker.com/IAGI

##### recent news/filings ~ source: finance.yahoo.com

no recent news found
*********************************************************

##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/IAGI/company-info
Ticker: $IAGI
OTC Market Place: OTC Pink No Information
CIK code: 0001077634
Company name: IA Global, Inc.
Company website: http://www.iaglobalinc.com
Incorporated In: DE, USA

##### extra dd links

Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001077634&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/IAGI/filings
Latest financials: http://www.otcmarkets.com/stock/IAGI/financials
Latest news: http://www.otcmarkets.com/stock/IAGI/news - http://finance.yahoo.com/q/h?s=IAGI+Headlines

Major holdings: http://data.cnbc.com/quotes/IAGI/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=IAGI+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/IAGI.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=IAGI

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=IAGI&search=search

DTCC: http://search2.dtcc.com/?q=IA+Global%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=IA+Global%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=IA+Global%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.iaglobalinc.com
Alexa: http://www.alexa.com/siteinfo/http://www.iaglobalinc.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.iaglobalinc.com

Short Sales: http://www.otcmarkets.com/stock/IAGI/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/IAGI/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/IAGI/research
Historical Prices: http://finance.yahoo.com/q/hp?s=IAGI+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=IAGI+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=IAGI+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=IAGI+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=IAGI+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=IAGI+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=IAGI
Balance Sheet: http://finance.yahoo.com/q/bs?s=IAGI
Cash Flow: http://finance.yahoo.com/q/cf?s=IAGI+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/IAGI
Bloomberg: http://www.bloomberg.com/quote/IAGI:US
Morningstar: http://quotes.morningstar.com/stock/s?t=IAGI
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=IAGI
Barchart: http://www.barchart.com/quotes/stocks/IAGI
OTC Short Report: http://otcshortreport.com/index.php?index=IAGI
Investopedia: http://www.investopedia.com/markets/stocks/IAGI/?wa=0

http://www.pennystocktweets.com/stocks/profile/IAGI

##### last known share structure ~ source: otcmarkets.com

Market Value: $105,249 a/o Jun 27, 2014
Shares Outstanding: 11,825,694 a/o Mar 02, 2011
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01

##### business description ~ source: otcmarkets.com

IA Global is a global outsourcing and services company with a strong presence in the Pacific Rim region and a dedicated focus on leveraging our existing business with complementary opportunities through a merger and acquisition strategy.We are currently mobilizing our international outsourcing capability toward higher margin vertical markets such as the technology, financial, insurance, and energy sectors, which we believe will benefit from the infrastructure and business processes of IA Global. On the acquisition front, we are targeting select international growth opportunities with businesses that require improvements in management, financial processes and liquidity to be successful. In addition, we expect to leverage our Asian presence with US-based companies and investors seeking to expand their Asian presence.Less >>

DD Notes ~ http://www.ddnotesmaker.com/IAGI

[Troy Lando]

Marked

[Peasodos]

See what happens Monday. Although the dollar amount is not much the the trading volume in respect to the float is interesting.

[Troy Lando]

$IAGI Stockchart

[Peasodos]

Wow IAGI actually traded, look like buys to me. The warrants from the financing done three years ago expire at the end of this month, maybe they purposely went silent to recoup financially, maybe this will be the year. I still find it funny how their presentation from a few years ago had projections for uplisting in 2014, what a joke!

[zzz_male]

Are there really any buys?



Am I looking at this wrongly thinking I am not able to purchase??? I see shares are they only shares sold? A few times in one day a see (1) share for day volume? I have to many shares at purchase price over $1.00 each to sell for 3¢ with no gain. I am still trying to purchase and do not read my bids for many months within the daily price range.

[Peasodos]

I think we are completely screwed. Company has gone completely dark, meaning no reporting, website has been down for months, and the stock price is nearly worthless.

[zzz_male]

For many weeks the Bid of 4¢ and Ask of 11¢ have not changed. I should switch over to day-trade IaGlobal Inc. from my investing strategy.

ZZZ

[Peasodos]

Were over here wondering what the hecks going on with this company and the chairman's at a sports bar in Miami:
https://www.facebook.com/hoekstra

[Peasodos]

http://www.zest-home.com/

Use google translate.

[zzz_male]

Oh yes that is the way to go, buy High - Sell low!

I read somewhere IAGI is getting into Japanese solar.

ZZZ

[Peasodos]

you can only purchase at the ask. Good luck trying to buy or sell this. Man it's been so long, I wonder whats going on.

[zzz_male]

I placed 4¢ bid orders and had no luck purchasing any more shares.

More activity is needed!

This Company is still trading shares!

Can I only sell?

ZZZ Male

[Peasodos]

The site is down. says under construction. Hopefully some news will come out soon.

[Peasodos]

The situation looks bleak. Also when you call the main number it says: "This number has been temporarily disabled."

[Mensa]

Will there ever be some news??

[Peasodos]

I found Zest's website for solar installations and other forms of energy saving construction.

www.zest-home.com

Established on February 23, 2010, they do outer wall remodeling, metal & tile roof renovations, rain gutters, residential & commercial solar installs.

Also the website for home building is zesthome,jp