Duos Technologies Group Inc (DUOT)

[-Awaken-]

R/S coming with merger, rather look at it after

[Lone Wolf]

Might pop.

[davidsson10]

http://www.accesswire.com/425720/Information-Systems-Associates-Executes-Merger-Agreement-With-Duos-Technologies

[stevo51]

still loading cheeps here like the way the last 8-k read..could have huge potential yet and the price is right.IOSA

[shurtha2000]

This one has Potential

[IPO$]

DUOS Technologies, Inc. (“DUOS”) of Jacksonville, FL...any financials???

[stevo51]

Really like those statements things really looking up and a solid company going into with plenty of great implications fo sho..

[stevo51]

with that low of a o/s and they do that r/s for this merger wont be hardly and o/s left lol

[AliEn BRaInZ stox]

solid fundaMENTALz (not) Watching ~

[HDOGTX]

8k says mentions alternatives to Rs, fyi

Item 8.01 Other Events

On December 5, 2014 , Information Systems Associates ("ISA") executed a non-binding Letter of Intent ("LOI") to merge with DUOS Technologies, Inc. ("DUOS") of Jacksonville, FL. As outlined in the LOI, the proposed merger will be structured as a reverse triangular merger pursuant to which a newly formed subsidiary of ISA will merge with and into DUOS, with DUOS as the surviving entity.

In connection with the proposed transaction, the DUOS stockholders are expected to receive securities of ISA that will be equal to approximately 96% of the issued and outstanding common stock of ISA at the closing of the proposed merger, on a fully diluted basis. Subject to satisfaction of the closing conditions, the parties intend to close on the transactions contemplated under the LOI by January 31, 2015 . Following the closing of the proposed merger, DUOS will effect a change in the ISA Board of Directors and management as DUOS' management deems appropriate.

The proposed merger is subject to a number of conditions including:

Execution of a definitive binding merger agreement;

DUOS shareholder approval;

Exercise and conversion of all outstanding ISA convertible securities; and

ISA reducing its outstanding liabilities to no more than $475,000 ; and

Customary closing conditions.

The LOI contemplates that in connection with the proposed merger ISA will implement a reverse stock split in a ratio of at least one share for 200 shares (1:200). ISA anticipates undertaking its efforts to implement the reverse stock split prior to the closing of the proposed merger. In the event that for whatever reason the reverse stock split is not implemented prior to the closing of the proposed merger, then in order to expedite the closing ISA will issue to the DUOS shareholders a newly created series ISA convertible preferred stock which will automatically convert into ISA common stock at the effectiveness of the reverse stock split such that the DUOS stockholders will receive in the aggregate 96% of the issued and outstanding common stock of ISA post-merger, on a fully diluted basis. The newly created series of ISA preferred stock may be necessary in light of the ISA's limited availability of authorized and unissued common stock for the transactions contemplated by the LOI.

DUOS' core competencies include advanced intelligent technologies that are delivered through its proprietary integrated enterprise command and control platform. DUOS currently offers solutions to the government, healthcare, transportation, utilities and commercial/industrial sectors. It expects to continue the ISA business, although its primary focus will be to operate the DUOS business.

Previously on November 12, 2014 , ISA announced that it had executed a definitive agreement with Schlep2p International LLC ("Schlep") including an acquisition of a 3% ownership interest in Schlep. The Schlep transaction has been cancelled.

[TallTrader]

Duos Tech website has not been updated. The Upcoming events are all from 2013 and the last press release is from July 2013.

http://www.duostechnologies.com/AboutUs/UpcomingEvents.htm

[stevo51]

Exactly..going to be much fun..as the r/m continues...glad I got in early

[Bodach]

This is pretty huge; not yet fully understood by the market.

Reverse splitting means the O/S is reverse split. There is no keeping the O/S "the same" for one side of the equation. Every variable follows the the rule set. For what you are suggesting, the deal would require and S-1 -- and there is nothing to indicate a reason to do so. One may as well suggest "perhaps all the insiders will dump for no reason at all".

Well yeah, perhaps.

But why would one consider that without reason?

http://www.slideshare.net/rroyse/negotiating-reverse-and-forward-triangular-mergers

[Bodach]

THIS IS WHAT A REVERSE TRIANGULAR MERGER IS:

http://www.slideshare.net/rroyse/negotiating-reverse-and-forward-triangular-mergers

Market hasn't realized how big this is yet.

[HokieHead]

So you have 100,000 shares now. They reversed you down to 10,000. They keep the shares outstanding the same for 96% ownership by the new company. Market cap the same but you have one 10th your investment. I'll keep an eye on how the deal is structured.

[Bodach]

Sounds like the float will be amazing. This is good news. The ability to do this is probably why this deal was so attractive to Duos Technologies. Insiders owning 96% of shares creates an amazing situation for public float.

As soon as people figure this out, this could be fun.

[HokieHead]

New company gets 96% of shares probably AFTER reverse split, leaving shareholders with 4% of ?

Just saying be careful..

[Bodach]

R/S won't matter negatively:

-Accountable for all Service Department business revenue which is generating about $2 million per year at current.

https://www.linkedin.com/in/robertscottallen

Who knows what other departments hold. This market cap is only $1.25mill right now.

It's clear what this merger is for.

Looking forward to this. I expect price to correct to anticipated value of Duos Technologies.

R/S are negative for dilution machines. Not for something like this, imo. Market cap is all that matters here.

[HokieHead]

Information Systems Associates has proposed to exchange all of DUOS' outstanding capital stock for common stock of Information Systems Associates. After the merger, DUOS shareholders will own 96% of Information Systems Associates on a fully diluted basis. Additionally, Information Systems Associates will need to enact a reverse stock split to facilitate the merger. Closing, which is intended to occur by January 31, 2015, will be subject to satisfactory due diligence by the parties and the entry into a definitive merger agreement. At closing, DUOS' management will assume management of ISA.

[HDOGTX]

IOSA Security Details
Share Structure
Market Value1 $1,138,919 a/o Dec 09, 2014
Shares Outstanding 113,891,856 a/o May 18, 2014
Float Not Available
Authorized Shares Not Available
Par Value 0.001

[HDOGTX]

IOSA Merger Information Systems Associates Announces Letter of Intent to Merge with DUOS Technologies

[king koopa]

merger maybe on the way:

Information Systems Associates Acquires 3% Stake in Schlep2p International
BY Market Wire
— 7:59 AM ET 11/12/2014
CORAL SPRINGS, FL -- (Marketwired) -- 11/12/14 -- Information Systems Associates (IOSA) has executed a definitive agreement with Schlep2p International LLC (Schlep) and completed its acquisition of a 3% ownership interest in Schlep. The companies had previously announced that they had executed a term sheet calling for collaboration in a variety of areas including technical, financial and managerial oversight. In addition to the minority stake, ISA has secured an option to acquire all of the remaining technology and intellectual property rights of Schlep for $3.23M in cash and/or preferred stock of ISA. Schlep is developing a friendship-based ride-sharing platform where friends can share rides with nearby friends at the tap of a button on their mobile devices. Recently, ride-sharing companies like Uber and Lyft have been growing exponentially across the country and abroad.

"During our original discussions, we expected to add the Schlep platform through a minority ownership interest to broaden our technology business," said Adrian Goldfarb, ISA's President and CFO. "Since that time, it has become apparent that the objectives of ISA and Schlep are better served by cooperating on technology and jointly developing our businesses." As he previously stated, the Company has been heavily engaged in looking for innovative technology startups to both partner with and invest in. "Now that we have secured the minority ownership we are working hard to significantly expand our business potential by acquiring certain assets and all of the intellectual property of Schlep's promising enterprise." Mr. Goldfarb went on to say that although the original intent was to make the technology partnership part of the TrueVue 360 platform, the opportunity has significantly expanded and is likely to become the mainstay of the ISA's business in the near future.

Rachel Lam, Schlep's founder and CEO stated, "I am delighted at how our collaborative efforts have grown with ISA since our initial discussions. I am confident that from this initial investment along with the ongoing development and upcoming launch of our various technology platforms, ISA will exercise its option to acquire all of our intellectual property."

Schlep is in the final development stages of their platform and will be announcing the first version of their ride-sharing application along with a new merchant platform within 90 days. The Companies have already begun technical cooperation in advance of signing further agreements.

About ISA

Information Systems Associates, Inc. (IOSA
Loading...
Loading...


) now based in Coral Springs, FL, is an established professional services and consulting company engaged through partners to provide services for information technology projects. Established in 1994, it prides itself on a reputation for expert independent advice and project execution. ISA is currently reorganizing as an early stage technology company engaged in the rapid development and deployment of platforms to derive revenue from the social media revolution. The Company's mission is to become a disruptive force in this emerging space. It is also developing Software as a Service (SaaS) offerings focused on asset management of technology through its wholly owned subsidiary of TrueVue 360 Inc.

For more information visit our website http://www.isa-inc.net.

About Schlep2p International LLC

Schlep2p International LLC is an early stage social media and technology company focusing upon the Sharing or 'peer-to-peer' economy. It is currently developing a mobile application where friends can connect with nearby friends for rides and fun safely and conveniently.

For more information visit our website http://www.schlep2p.com.

Forward Looking Statements
This press release contains forward-looking statements including statements regarding collaboration, purchase of a minority stake in Schlep2p International LLC (Schlep) and expanding Information Systems Associates Inc. (IOSA
Loading...
Loading...


) market reach into social media applications. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" "project" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include (ISA), completing a financing to permit it to acquire a certain assets of Schlep, that the parties will be able to execute a definitive agreement, and the success of TrueVue 360 in collaborating with Schlep to penetrate this new market. Further information on ISA's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2013. ISA does not undertake any duty nor does it intend to update the results of these forward-looking statements.

CONTACT:
Adrian Goldfarb
President and CFO
ISA, Inc.
561.801.3652
[e-mail]

[king koopa]

most volume i ever remember seeing in IOSA and its GREEN!

[techtrader01]

Wide open Market with Patented Software Interesting!

[techtrader01]

TrueVue 360(TM) Announces TrueVue IT(TM)

[LexingtonVIII]

There we go! ..another fluff PR to try and dump shares on people. If this company would put as much effort into making some profit as they do to put out fluff press releases, maybe they wouldn't bleed as much money each month. Sign of really bad management ..this thing will eventually be in the business of selling shares full time instead of developing its core business.

[LexingtonVIII]

The sale of warrants never are a guarantee of higher prices. Furthermore, when these warrants get exercised, then the price will probably drop. All in all, looks pretty "sheety" to me. I don't see any positive in this garbage company aside from the sector they are in. I like the data storage business and think there is future in it to a certain extent.

I'm watching this company to see how it goes. So far I am really not impressed. If for some reason the price would suddenly drop to the 0.001's, maybe I'd buy in a small position. Since I have been watching it is hovering around a penny.... so, I'm still monitoring...

GLTY

[king koopa]

financials aside the millions of warrants at .012 tell me it is going quite a bit higher eventually

[LexingtonVIII]

All I know is that every quarter they put out a fluff PR of some kind and then later on the 10Q comes out and they have lost another $300-400K USD...This dog isn't going anywhere and digging itself a nice deep hole.

[king koopa]

do u know any stocks with <$2 million market cap that have better cash flows, could you mention them on here? The IOSA board isn't too popular yet so you should be able to mention them right on here without getting deleted for off topic. I don't think theres really any stocks in this market cap range operating with positive cash flow..

[LexingtonVIII]

Good luck with this cash bleeding pig. The 10Q's show deficit every single quarter for quarters without end.

[king koopa]

looks like OS goes up about 15M a quarter lately, not too bad, and very thinly traded here so its not being diluted. Check out this statement from the 10Q:

"Our management continues to engage in discussions with the capital markets to raise additional funds for expansion including software development and marketing. Our business strategy is to focus on growing our software and customer services businesses. Part of the increase in our debt relates to costs for developing a new software product which is expected to be released sometime in 2014. This new product is anticipated to provide an increase in recurring revenues and subsequently narrow and eventually eliminate the ongoing losses as sustainable profitability is achieved."

Also check out Note 12- Stockholders deficit. In the past few months they've issued millions and millions of shares at .012 per share with millions in warrants to purchase stock at .012 as well, indicating someone believes the stock will be worth way more than .012 at some point here...

I've gotta say I've read countless 10Q's in my time while researching penny stocks and I really like what I see here, I think at some point here we will see a nice little pop..

[LexingtonVIII]

Read the Quarterly reports and the annual. This company is bleeding money every quarter ... To make up for these losses, they sell shares. To be able to dump shares, they always put out some fluff PR.

The real info is in the SEC filings.

[king koopa]

you must be right almost 300k shares traded in the green, OS 113m, that's nearly 0.3 percent of the outstanding shares traded, must be massive dilution!!! (lol)

[LexingtonVIII]

This is a POS diluting PIG...

[king koopa]

IOSA great news this week, still undiscovered on IHUB, strong volume today..

[LexingtonVIII]

As of the latest 10Q filing in may 2014...

*****
NOTE 2 – GOING CONCERN

As reflected in the accompanying unaudited financial statements, the Company had a net loss and cash used in operations for the period ended March 31, 2014 of $252,047 and $207,954 and the working capital deficit, stockholders’ deficit and accumulated deficit as of March 31, 2014 was $968,832, $955,980 and $5,604,333, respectively. These matters raise substantial doubt about the Company’s ability to continue as a going concern.

*****

Slowly getting deeper into the shnauzel...

[LexingtonVIII]

NOTE 2 – GOING CONCERN

As reflected in the accompanying unaudited financial statements, the Company had a net operating loss and cash used in operations for the nine months ended September 30, 2013 of $495,185 and $138,695 and the working capital deficit, stockholders’ deficit and accumulated deficit as of September 30, 2013 was $1,054,808, $1,039,098 and $5,198,904, respectively. These matters raise substantial doubt about the Company’s ability to continue as a going concern.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9608922

As compared to june 2012, you can see the accumulated deficit increased from $3,920,433 to $5,198,904. This company is bleeding money month over month.... No wonder they are looking to get more people to invest... they need to dump shares non stop.

This was taken from their 10Q filing dated november 2013. I'd guess that if you add another 3 months of operations from the date this last 10Q covers to the end of year... they should be around $5,5 million in accumulated deficit as of dec 31st 2013.

[LexingtonVIII]

NT 10-K Apr 1, 2014


FORM 12b-25
NOTIFICATION OF LATE FILING

INFORMATION SYSTEMS ASSOCIATES, INC. (the “Company”) is still awaiting third party documentation in order to properly prepare a complete and accurate Form 10-K. The Company has been unable to receive this data in a timely manner without unreasonable effort and expenses. For the foregoing reason, the Company requires additional time in order to prepare and file its quarterly report on Form 10-K for the year ended December 31, 2013.

Now, this is not APPLE...this is a minute lil company on the penny market...and they can't get their paperwork ready on time...but they have time to talk to financial advisors and put out shareholder letters and all. I wonder why they don't put the effort on filing their papers on time instead of putting out all the fluff....

[king koopa]

FEB 25, 2014 SHAREHOLDER UPDATE (Short version):

Information Systems Associates, Inc. Shareholder Update


Four Core Initiatives Prepare Company for Future Growth

STUART, FL, Feb 25, 2014 (Marketwired via COMTEX) -- Information Systems Associates, Inc. (OTCBB: IOSA) or ("ISA"), an emerging software and services company announced today that has provided its shareholders with a progress report. The Company has been involved in a series of key initiatives to transform its business and provide a significant platform for growth over the next 12 - 24 months.
Specifically, the Company has:




-- Signed a multi-year agreement with FacilityTeam Inc. of Toronto for development services as the first stage of joint venture announced in October 2013.
-- Planned general availability of a new Information Technology Asset Management (ITAM) "Software as a Service" in Q2.
-- Engaged an experienced ITAM sales consultant who is expected to lead the revenue team once the new offerings are available.
-- Completed implementation of the Company's core technology with a multi-billion dollar global information technology company in Q1.
-- Focused on building a pipeline of new business directly and through partners for Q2 and beyond in a variety of industries including property management, financial services, and government entities.


ISA's management has been very active over the past several months on identifying the best market opportunities in its area of specialization and getting all the Company's resources focused on making the necessary changes to set the stage for higher growth. Specifically, the Company is ready to transition from primarily a professional services role in concert with industry partners, to providing asset management technology using the "Software as a Service" business model supported by its professional and consulting services.

Adrian Goldfarb, ISA's President and CFO said, "The entire company is focused on building a world class asset management offering. We plan to deliver our solution with a low cost of entry to our clients and support the implementation with our core strengths in consulting and professional services." He went on to say that the IT market is wrestling with ever expanding budgets for their IT infrastructure. The ISA offerings are intended to offer significant savings in several key areas including power consumption, software costs, and equipment depreciation. "In concert with our development partners, FacilityTeam, we have designed a system that is customer focused so that an organization can quickly realize the benefits without the extensive implementation costs so often associated with infrastructure software."

ISA recently engaged a seasoned sales executive with extensive industry knowledge in the ITAM arena to consult for the Company prior to releasing the new offerings into the general market. Peter Schwoerer has had an extensive career in software sales including time with IBM and Oracle and more recently as a sales director with a companies specializing in cloud computing solutions and real-time asset management.

The Company also continues to be selected by large organizations to help them understand their data center environments and starting in late Q1, it expects to be retained for several large engagements this year.

The shareholder update can be viewed in its entirety at http://www.isa-inc.net/latest-news.

About Information Systems Associates

Information Systems Associates, Inc. (OTCBB: IOSA) based in Stuart, FL, is a leading provider of Mobile Data Center Management systems and turnkey data center management solutions. The suite of products and services include data center asset/inventory management, data center management software and data center data collection. Utilizing a proprietary and patented technology, OSPI (On Site Physical Inventory), customers manage data centers on a mobile basis, bringing data center management out of the office and into the data center. Information Systems Associates holds the trademarks for On Site Physical Inventory, OSPI and Mobile Data Center Management.

[king koopa]

FEB 25, 2014 SHAREHOLDER UPDATE (long version):

February 25, 2014

Dear ISA Shareholder,

Although we will be releasing our Form 10-K next month, I thought it beneficial to give our investors a detailed update on our progress. Since early 2013, we have been looking at ways to deliver better returns to our long-term investors. I am happy to report that a number of the initiatives that we began over the past 12 months will soon be ready for implementation. These initiatives are expected to deliver the growth in revenues necessary to drive ISA to the next level. The IT infrastructure software marketplace where we currently operate is large and growing. Expansion is being driven by the rapid pace at which organizations are required to deliver new services using information systems. Witness the growth of traditional industries such as Telco, Financial Services and Manufacturing together with the new growth platforms of Cloud providers, social media and online retail. All of these require vast amounts of data, systems and network management. Together with the necessary infrastructure requirements such as power and space, it is hard to conceive just how large the opportunity is for ISA. While other industries such as Energy or Utilities are subject to physical and practical constraints as well as regulation and geo-political events, information and knowledge have very few boundaries and as such companies providing valuable solutions into this arena will continue to grow faster than other industries over the foreseeable future.

It is within this context that ISA is strategically positioning itself for growth over the next few years. The management team has developed a long-term strategy to transform the Company from a niche expert services provider, to a broader software and services entity. In order to do this, we have to take a number of actions to give a basis on which to attract additional financial resources. Already completed is the re-classification of our shares into two classes which occurred last summer. Since that time, the management, in concert with our board of directors, has developed four key initiatives as a measurable roadmap to planned growth. Specifically:

1. We are developing an offering for Information Technology Asset Management (ITAM) within the framework of a “Software as a Service” (SaaS) business model. Salesforce.com is perhaps the best known example of this type of business model for software applications. ITAM has been recently identified as a desirable process to adopt for large and small organizations by PC Today. ITAM involves accounting for all of a company’s IT assets through specialized collection and management of data. ISA is already an expert in this field. This initiative will continue to use this expertise and the Company’s existing IP patent for Mobile data collection for large data centers while adding many key functions and facilities.

2. To monetize this investment, we plan to hire a professional IT sales force to sell the new products and services. We have already engaged a consultant with specific long term sales and marketing experience as a prelude to more formal hiring later this year.

3. We plan to pursue over time, strategic investments and acquisitions of related companies beginning in Q2 2014. We have made an offer to FacilityTeam, our development partner, to buy up to 15% of that company subject to funding. Once completed, we believe that our minority interest will have a significant ROI in terms of market expansion and profitability.

4. We are currently evaluating various scenarios for corporate actions with the goal to make purchasing our stock more attractive for both private and open market investment. We are in the process of engaging a specialist financial firm to assist
management and the board in moving the Company forward from the current OTC Bulletin Board listing.

I am pleased to report that we are making progress against all four of the initiatives and we highlighted some of this progress in a press release today, a copy of which can be found at
http://www.isa-inc.net/latest-news.

We have signed a multi-year agreement with FacilityTeam Inc. of Toronto for development services as the first stage of joint venture announced in October 2013. To recap, ISA and FacilityTeam executed a term sheet that has them take responsibility for development of our new offerings for a period of 3 years with an optional 2 year extension. This arrangement allows ISA to benefit from FacilityTeam’s extensive development experience in a cost effective manner. The demonstration software is now complete and we expect general availability of the new offering in Q2 with revenue generation from early adopters beginning in Q3. As stated
previously, we are also pursuing a minority ownership interest in FacilityTeam, subject to raising sufficient capital to complete the current agreement. An important component of our revenue growth plans is a professional sales team capable of consultative selling to senior IT executives. As such, our requirements were to find an individual to evaluate our offerings and design a sales and marketing program such that our sales hires
would be knowledgeable and experienced within the defined market. I am pleased to report that Peter Schwoerer was engaged in early January and has been instrumental in not only identifying appropriate sales opportunities but also has an extensive, targeted contact list to which the Company can demonstrate its new offerings. As an experienced ITAM sales consultant with 20 years of experience in software and solution selling Peter is expected to lead the revenue team once the new offerings are available. As our business develops over the course of this year, we will continue to emphasize current business opportunities through our partners. We are in the final negotiating stages on a number of consulting opportunities that are expected to close during this quarter and provide us cash from operations over the next few months.

Finally, management continues to evaluate our capital structure within the current constraints of being an OTC public company. The environment has been particularly challenging over the
past year and it has become more difficult (although not impossible) to place our stock with mainstream brokerage firms. We understand that this is a big issue for our shareholders and we
are evaluating a number of alternatives in concert with our planned growth to alleviate some of those constraints. I should also point out that these constraints have also made investors more hesitant about investing in our current PPM although we have been successful over the past quarter in raising around 20% of our targeted medium term funding requirements. We are currently engaged in substantive discussions with a financial firm about various options available to us. Our intentions are to ultimately make investing in ISA more attractive for both private and open market investment as soon as practicable.

I look forward to giving further updates on our progress next quarter.

Sincerely,
Adrian Goldfarb
President & Chief Financial Officer

[king koopa]

I'm up to 250K of .01s after today

[king koopa]

damn, i wanted to double my position but bam were up 80% on 60k volume....

[king koopa]

My notes:

160K assets 1.2M liabilities. 500M auth 84M out Nov 2013. 52M out Dec 2012. Has some revenue operating at a small loss. Safe investment around .01. We deliver turnkey software and service solutions that give large corporations control of their IT assets. Our mobile asset solution addresses data center equipment inventory, space utilization, and power and connectivity management. In conjunction with our data center asset management solutions, ISA also offers state of the art asset data collection and audit services focusing on the enterprise IT infrastructure. The data collection and audit services are based on our solution OSPI® which provides mobile data center asset management on a handheld device. It dramatically reduces the time and effort spent managing changes to the data center or performing asset inventories while greatly improving the accuracy of asset management data. It is the only mobile asset management system purposely built for use in the data center. It puts a full mobile solution within the data center manager's control, allowing data to be managed while in the data center at the time and place changes occur.

[king koopa]

IOSA's newest shareholder here , bought 120k @ .01

[techtrader01]

TESTED BY FORTUNE 500 Companies

Information Systems Associates (OTCQB: IOSA), an emerging information technology company, is announcing an expansion of its product portfolio. The daCenti™ product is based upon the company's OSPI® product for Data Center Asset Management and is focused specifically on the efficient collection of IT assets. daCenti™ has been extensively tested by a Fortune 500 regional data center and is being made generally available on October 1, 2013. Along with tried and proven technology, daCenti™ will be priced aggressively which will allow smaller data centers to get the benefits of accurate accounting and management (including precise location) of all assets within a data center. The product is also upgradeable to the more comprehensive OSPI® offering which allows the interface to other Data Center Infrastructure Management (DCIM) systems.

[Renee]

IOSA: Reclassification of common stock into Class A and Class B shares; Each non affiliate holder of common stock shall receive Class A stock on a pro rata basis; Each affiliate holder of common stock shall receive Class B stock on a pro rata basis which will be restricted and not traded.

http://www.otcbb.com/asp/dailylist_detail.asp?d=08/23/2013&mkt_ctg=NON-OTCBB

[techtrader01]

Bid Keeps moving up a few good volume days

[LexingtonVIII]

You gotta be kidding me.. leading provider, with a mere 250K in revenue ? laughable at best.

a leading provider of Mobile Data Center Management systems and turnkey data center management solutions, today pre-announced third quarter 2012 revenues of greater than $250,000.

http://ih.advfn.com/p.php?pid=nmona&article=54651272&symbol=IOSA

[LexingtonVIII]

NOTE 2 – GOING CONCERN

As reflected in the accompanying financial statements, the Company had a net operating loss for the six months ended June 30, 2012 of $409,233. The total accumulated deficit as of June 30, 2012 was $3,920,433. The ability of the Company to continue as a going concern is dependent on the Company’s ability to further implement its business plan and raise additional capital. On February 24, 2012 management received $62,500 in exchange for convertible notes amounting to $68,750 and warrants to purchase 1,375,000 shares of the Company’s common stock and on May 11, 2012 an additional $12,500 was received in exchange for convertible notes with warrants to purchase 275,000 shares of the Company’s common stock. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8774321