International Automated Systems (fka IAUS)

[Diggidy]

IAUS Undervalued?
Did some investigating and it seems to me, and in my opinion, this stock is incredibly and grossly undervalued. I understand there are delinquencies regarding the filing of 10k and 10Q’s for the last year. And an injunction against IAUS and affiliates from the IRS. However, I come across some pretty significant info(IMO) while digging through some exhibit documents made public in the current injunction filled by the IRS/DOJ.
First, CEO’s under oath statement during the deposition states that there are at least 2 contracts and at least one of those contracts is to build a large power plant. IMO this injunction seems to be only a minor issue to the success of IAUS.

Here is a link to the deposition of Neldon Johnson in June of 2017;
http://iausenergy.com/Court/2-15-cv-00828-DN-EJF/210-6.pdf
Document page 12 of 19 line 21 begins the conversation of contracts topic.

Second, a letter to the IRS agents and Appeals Officers Written by the Chief Director of Operation from Rapower3
http://iausenergy.com/Court/2-15-cv-00828-DN-EJF/095-8.pdf
The last sentence of the 6th paragraph on the second page states they have a billion dollars in orders at that time. I do not believe the letter is under any oath by the author however, I would think and in my opinion the Chief Director of operations would not lie in a letter addressed to the IRS or Appeals officers.
I would recommend reading the whole document as there is a treasure trove of information.


Also visit http://iausenergy.com/ for other info, this website appears NOT to be affiliated with IAUS as the statement at the bottom of the website.

I have went to the Delta site late 2016 and have seen with my own eyes a large project separate from the original R and D site(which some have labeled as ruins). This separate site looks to be under construction (IMO) and seems to validate videos posted on youtube of this large construction project.

As per the most recent SEC filling
“As of April 11, 2017, there were outstanding 79,156,343 shares of Registrant’s common stock, no par value per share and 5,700,000 shares of preferred stock issued and outstanding, consisting of 5,400,000 shares of Class A preferred stock and 300,000 shares of Class B preferred stock.
https://www.sec.gov/Archives/edgar/data/820380/000155116317000082/wordv1form10kforapproval0419.htm


In my opinion with a float of 79 million shares and the high possibility of billions of dollars worth of orders (according to Chief of Directors letter) I would think this stock is undervalued by at the very least 100x not 100% but at least 100x could be lot more but with out current statements no way to be certain.