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IASCA: SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-68483.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2012/34-68483-o.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-68486.pdf
I have been in and out of IASCA.
I believe that you are correct that the company has potential. I just checked their website and it appears to be growing. However, this does not mean that they are at the level of breaking even or even turning a profit.
Time will tell.
Cheers
I contacted the company asking for an update but no response so far. Has anyone else had any luck? This company seems to have so much potential but I do not want to add to my investment without some sort of an update.
Dr. Doug
lets hope for good results soon.
IASCA popularity has been increasing, but they still do not have the ability to generate profits.
IAS Energy, Inc. Announces Video1314.com Becomes Top 25 Video Site in China
IAS Energy, Inc. (PINK SHEETS: IASCA) announces that Video1314.com, a 60% owned company through ownership in Power Telecom (a private Hong Kong company), has now become the Top 25 video site in China.
Samuel Kam, Chairman of IAS Energy Inc., reports "Video1314.com now has become the top 25 video site in China, based on our research via Alexa the global web site ranking company."
Executive Summary
Video1314.com is a subsidiary of IAS ENERGY, INC.
Market Cap: US$7.2 million
USA Ticker Symbol OTC: IASCA.PK
Established in late 2007, Video1314 was the first Web 2.0 video platform to do a reverse takeover to be listed on a US Stock Exchange.
Video1314.com is a one of the fastest growing video Web2.0 sites in Asia. Video1314.com now serves mostly the greater China area which includes China, Hong Kong, Macau and Taiwan. Video1314.com is expanding its platform to be accessed by mobile phones which are expected to reach 766 million users by 2012.
Video1314.com's achievements to date:
-- Streaming video both on the web and to mobile users in China
-- Monthly Hits: over 63 MIL
-- Annual Hits: appt. 800 million
-- Unique visitors: 450,000
-- Registered members: 91,000
-- Rank in the world: Top 21,715
(i) Source: Alexa
Video1314's Strengths
Accessibility - Viewable from anywhere in the world, even in China.
Result-oriented- Heavy traffic with targeted audience
Cost effectiveness advertising- 1/3 or less of the cost of traditional print advertising.
Versatility - Video1314.com is a not only a video sharing portal but also a music, photo, Internet TV channel and IPTV platform.
Gateway to China & the rest of the world
Video1314.com also intends to share part of its advertising revenue with its users.
ABOUT VIDEO1314.COM
Video1314.com (www.video1314.com) is a service provider operating a Chinese Web 2.0 platform, which allows users to share video, music and audio programs. Since the launching of this video website, it has attracted millions of users and is now one of the top Web 2.0 websites in Asia with an annual hit rate of over 700 million. Video1314.com mainly serves the region of Greater China, including Mainland China, Hong Kong, Macao, Malaysia and Singapore.
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
Forward-Looking Statements
Statements in this press release regarding IAS Energy, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, and capital expenditures and the timing thereof certain of which are beyond the Company's control, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's financial statements on forms 10-KSB and 10-QSB, and Form 8-K filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom.
All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Contacts:
IAS Energy, Inc.
John Robertson
604-278-5996 or 800-665-4616
604-278-3409 (FAX)
www.iasenergy.com
You guys wake up!! IASCA has woke UP after a long sleep over!!
This small but growing video portal Video1314.com is READY TO ROCK!!
IAS Energy Inc. (OTC: IASCA.PK) - Share price: .10 centsHUGE News/Developments could be looming around the corner!
The Internet has progressed significantly over the years and is moving away from traditional web models. We are seeing the movement towards Web 2.0 platforms in the form of user interaction. Today's users require the power of communication and information on demand. WWW not only means World Wide Web, but also means Wanting, Whenever and Wherever. The computer connected to the Internet in the form of desktop, laptop or mobile has literally become our lifeline and lifestyle in many ways.
Online videos, movies and online TV channels are becoming mainstream entertainment nowadays. Video clip sharing sites now command a large portion of video entertainment for the majority of web browsers.
Consider the following recent facts and valuations:
-Facebook's current implied value is around $15bil. and still privately held.
-Google's market cap as of last week is around $200bil. and still climbing.
-YouTube was sold to Google in Oct. 2006 for a reported $1.6bil.
-Baidu, a Chinese music search portal now has a current market cap of $38bil. and listed on the US Nasdaq market.
Could Video1314.com be the next acquisition candidate from the big boys? Read on...
Video1314.com is one of the fastest growing video Web 2.0 sites in Asia. Video1314.com now serves mostly the greater China area which includes China, Hong Kong, Macau and Taiwan, both on the web and mobile. China Mobile and China Unicom are assisting in the billing to the end users. Video1314.com will now be able to expand its platform to be accessed by mobile phones which are expected to reach 766 million users by 2012.
About Video 1314.com
Video1314.com is a subsidiary of IAS ENERGY, INC.
Market Cap: US$5.75 million (as of November 5, 2010)
USA Ticker Symbol OTC: IASCA.PK
Established in late 2007, Video1314 was the first Web 2.0 video platform to do a reverse takeover to be listed on a US Stock Exchange. At the current share price of a mere .10 cents or $5.75mil. market cap, this stock is poised to run much higher if one of the major search engines or social media sites expressed an interest in acquiring the company.
Video1314.com's achievements to date:
Streaming video both on the web and on mobiles users in China
Monthly Hits: over 63 MIL (Apr, 2010)
Annual Hits: 700 million
Unique visitors: 450,000 (Apr, 2010)
Registered members: 74,000 (Apr, 2010)
Rank in China: Top 7,000*
Rank in Hong Kong: Top 800*
Rank in the world: Top 27,000*
775,000+ unique visitors visit Video1314.com per month - an equivalent to 21% of Hong Kong's working population!
* Source: Alexa
Video1314.com aims to become the premier and leading portal in entertainment throughout Asia. Currently, Video1314 already attracts over 63 million hits to its site each month and is growing.
I have been out of IASCA for awhile due to the lack of volume. It seems to be getting better.
Oct 5, 2009 Cease Trade Order
They are late with the 10Q.
IAS Energy, Inc.: www.Video1314.com Airs Michael Jackson Tribute Concert on October 9, 2009
HONG KONG, CHINA AND VANCOUVER, BRITISH COLUMBIA, Oct 07, 2009 (MARKETWIRE via COMTEX) -- IAS Energy, Inc. (OTCBB: IASCA) is pleased to announce the Michael Jackson Tribute concert, organized in Hong Kong by Wolfman Jack Entertainment on October 9th, 2009, will air on the www.video1314.com website - which is 60% owned by IAS Energy, Inc.
For more information about the Michael Jackson Tribute Concert, please visit:
http://www.wjhk.com.hk/comingattractions.html
Video1314.com is a fast growing Chinese Web 2.0 platform that allows users to share videos, music and audio. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan. The features of the site are focused on:
AS Energy, Inc.: Advertising Contracts Signed With Power Telecom
HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA, Sep 21, 2009 (Marketwire via COMTEX) -- IAS Energy, Inc. (OTCBB:IASCA) is pleased to announce that our private company Power Telecom (60% owned) has signed an exclusive advertising contract with Panpacific Business Limited (a private Hong Kong advertising company) to generate revenue for the website www.video1314.com. Power Telecom owns 100% interest in www.video1314.com. The contract is for 2 years and the revenue will be divided 60% for Video1314.com and 40% to Panpacific. The contract is subject to a minimum amount of revenue to be reviewed every 90 days.
The hits for the month of August has record hits of 55 million compared with 4 million hits in November of 2007 when IAS signed the agreement to acquire an option to purchase up to 100% interest in Power Telecom.
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
New to Video1314 website is iKanTV listing.
iKanTV Limited engages in outdoor advertisement and TV Broadcasting. The company is based in Sheung Wan, Hong Kong. iKanTV Limited operates as a subsidiary of China Outdoor Media Group Limited.
Hi afxm,
No problem here. I think IASCA is a long way from being anything great. I also noticed the lack of new items, out dated web pages on items and such. I figure the web traffic is coming from people just interested in the video section of IASCA. I also did not notice new advertisments, thus they are not really generating revenue at this point.
I will give them another 1-2 years. The stock is cheap, the potential is high that they might have a pop within that time horizon.
Cheers
BigGreen101, delete that post. I don't want to say anything that would give someone the wrong impression about the company. Like I said, I want some company to take maarket share away from EPIG and compete with them.
Greetings AFXM,
IASCA still has some oil wells that generate minimal revenue. Before that, they were a communication company. Overall, IASCA has been in the small company start up phase for a while.
Last year, IASCA had a PR along side GOOG. That is how I first notice them. They bought the first 20% option for Video1314. Video1314 is more than just Facebook. It is wrapping facebook, youtube, ebay and ect all into one website. Their primary focus for the last 1-2 years has been building content, having people upload their videos. It seems that number of hits/month is growing. I hope this translates into revenues.
The name might be confusing because IASCA is a Canadian company that bought into Video1314. IASCA management stopped at the 60% option mark because after that they would loss control over the company. What I mean be that statement is that every option buy in, IASCA hands over 10M shares to the owners of Video1314. Presently, the owners of Video1314 have under 50% control of the company (30M shares of the 70M total). There was a PR some time ago that they wanted to change the company name to IAS communication and then another PR indicating changing the name to Video1314. Neither name change occurred. I think if Video1314 does become very popular than we might see a name change in the future to better reflect the business.
So how did you discover IASCA? What are your thoughts on IASCA?
Cheers
BigGreen101,( Ias Communications A ), what do you have here?
Is this going to be the chinese version of facebook. a little confusing. is this an energy company also ?
Waiting on the 10Q
I have been surprised at the amount of volume over the past month.
Volume drying up a little.
The 10Q should be out in a month.
Correction 0.35 is 52 week high
IASCA volume slowly increasing.
Someone is buying and pushing the PPS upwards!
We are getting close to the 52 week high mark.
Closed at 0.26 yesterday and the 52 well high is 0.33
More great news
IAS Energy, Inc. Announces That Video1314.com Partners With China Outdoor Media Group (SEHK: 254)
Last update: 9:15 a.m. EDT April 20, 2009
HONG KONG, CHINA AND VANCOUVER, BRITISH COLUMBIA, Apr 20, 2009 (MARKET WIRE via COMTEX) -- IAS Energy, Inc. (IASCA:ias energy inc class a
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3:43pm 04/20/2009
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IASCA 0.25, +0.01, +2.1%) is pleased to announce that Video1314.com (IAS owns 60% interest) has partnered with China Outdoor Media Group, a Hong Kong public company. (SEHK: 254) China Outdoor Media Group, in partnership with Video1314.com, will first post top rated Video1314.com's media clips on up to 4,000 displays in China Post outlets in Guangdong province, southern China. In the future, the display of the media clips will gradually be expanded to be displayed throughout China Post's 60,000 outlets. China Post is China's postal system that has over 60,000 postal outlets, is one of the largest savings banks in China and has this exclusive media relationship with China Outdoor Media Group.
Video1314.com will also display China Outdoor Media Group's exclusively produced content such as travel programs, fortune telling programs and celebrity interviews on Video1314.com's platform. The produced content can be exclusively viewed by millions of Video1314.com users throughout Asia. In this partnership, China Outdoor Media Group's subsidiary, China New Media Company Ltd. will also be appointed as Video1314.com's advertising agent. China New Media Company Ltd. will seek advertisers to place advertising and increase monetization for Video1314.com's site. In addition, Video1314.com's top rated media clips will be supplied to China New Media Company Ltd. to be displayed on their digital display panels located in over 100 locations throughout Hong Kong at Japan Home Centre outlets.
Samuel Kam, Chairman of IAS Energy Inc., says "This is a great opportunity in creating brand awareness for Video1314.com as we are able to tap into China Outdoor Media's network as well as China Post's 60,000 outlets."
Video1314.com is a fast growing Chinese Web 2.0 platform that allows users to share videos, music and audio. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan. The features of the site are focused on:
- Free online photo, video and audio sharing,
- A marketplace to buy and sell goods using video, photo and audio technologies
- Online educational gaming
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
Forward-Looking Statements
We are starting to see some life here. This might be due to the turn around in the Chinese economy, the increased exposure with more hits to the Video1314. Day trading volume was 17K and another 10K at 0.17 occured afterhours.
This will be interesting to see if they can generate revenues and propel the stock PPS to new levels.
News with data!
This is the first significant display on the actual hits/month that IASCA has released. It shows the data for each month for over a year. The sudden increase in web hits is also interesting. We will have to wait to see if these generates revenue.
NEWS RELEASE
HONG KONG, CHINA AND VANCOUVER, BRITISH COLUMBIA, Apr 02, 2009 (MARKET WIRE via COMTEX) -- IAS Energy, Inc. (OTCBB: IASCA) announced today that a record number of users are logging on to the Video 1314 website. The Company recorded 45,462,333 hits for the month of March 2009, compared to the February 2009 figures of 28,352 362 - an impressive increase of 60%, and over 1000% increase since November 2007.
Video1314.com Traffic Growth
Pageviews Hits
Nov-07 1,307,826 4,282,610
Dec-07 1,748,905 6,060,487
Jan-08 2,435,476 10,117,685
Feb-08 2,598,229 11,450,293
Mar-08 2,601,568 10,475,886
Apr-08 2,680,890 10,568,581
May-08 3,280,898 12,923,705
Jun-08 3,508,593 14,339,012
Jul-08 3,338,879 13,643,764
Aug-08 3,115,257 12,173,271
Sep-08 3,891,064 16,688,314
Oct-08 3,575,341 13,885,588
Nov-08 3,273,213 13,479,472
Dec-08 3,648,150 13,594,012
Jan-09 3,156,214 22,682,711
Feb-09 5,509,075 28,352,362
Mar-09 11,456,040 45,462,333
----------------------------------------------
Video1314.com users come from these countries:
----------------------------------------------
China 52.70%
Hong Kong 28.30%
Taiwan 8.30%
Canada 4.70%
United States 3.20%
Macao 1.30%
Other countries 1.40%
----------------------------------------------
"The record hits indicate that our site, Video1314.com, is one of the fastest growing social internet sites in Asia," said Samuel Kam, Chairman of IAS Energy, Inc. and CEO of Video1314.com, "This should greatly assist us in generating advertising revenue this year."
Video1314.com is a fast growing Chinese Web 2.0 platform that allows users to share videos, music and audio. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan. The features of the site are focused on:
- Free online photo, video and audio sharing,
- A marketplace to buy and sell goods using video, photo and audio technologies
- Online educational gaming
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
Forward-Looking Statements
Statements in this press release regarding IAS Energy, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, and capital expenditures and the timing thereof certain of which are beyond the Company's control, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's financial statements on forms 10-KSB and 10-QSB, and Form 8-K filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom.
All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Contacts:
IAS Energy, Inc.
John Robertson
President
1-800-665-4616
Website: www.iasenergy.com
10Q is out.
Company trying to survive another year.
Video1314 is not generating much revenue at this point. Increased hits/day yet no real revenue yet.
News
IAS Energy's Subsidiary VIDEO1314.COM ANNOUNCES RECORD 23 MILLION WEBSITE TRAFFIC FOR JANUARY, 2009
For Immediate Release: February 25, 2009, Hong Kong and Vancouver, BC - IAS Energy, Inc. (OTCBB: IASCA) announced today that Video1314.com had record web site traffic with over 23 million monthly hits to its site in Jan, 2009. The previous report announced 14.3 million hits in June 2008, an increase of 50%.
"Even though we are seeing a slowdown in the global and Asian economies, our website traffic continues to grow substantially," said Samuel Kam, Chairman of IAS Energy, Inc. "We are now averaging close to a million clicks to our site each day and with the added traffic, we anticipate more revenue opportunities to arise."
Video1314.com is a fast growing Chinese Web 2.0 platform that allows users to share videos, music and audio. Since its launch, Video1314 has attracted millions of users and is fast becoming one of AsiaÕs top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan. The features of the site are focused on:
* Free online photo, video and audio sharing,
* A marketplace to buy and sell goods using video, photo and audio technologies
* Online educational gaming
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Contact:
John Robertson
800-665-4616
The company reported that they will not pursue the other two options (40%) ownership of Video1314.
That the revenue generated from Video1314 was 20K, whereas the loss was significant (~100,000).
The company reports that they should be able to remain viable for 2009.
Thus, my overall conclusion is that with the down turn in the market and competition via internet, IASCA is struggling to pay for the monthly cost to run Video1314. It remains uncertain as to if IASCA will pull the plug on Video1314 in the future if revenues are not generated to maintain the monthly cost of running the website.
The stock is presently at 0.021. Within the next several months the time frame for restricted shares will have elapsed, allowing them to be traded. This might lead to further PPS deterioration.
This leads me to suggest a wait and see, without investing or further in the stock. If one bought in at 0.18, then averaging down might be one this to consider in the next few months. However, at this time the stock is dead and the company might not make it to 2010.
Form 10-Q submitted today for the period ended October 31, 2008.
This is not the first time the IASCA has been late with filing. I am very interested in the numbers because of the Sept 22 PR
Samuel Kam, Chairman of IAS Energy, Inc., reported this week Video1314.com has received a record 934,147 hits to its web site in a single day. Mr. Kam states, "Our goal of 1,000,000 hits per day is not far off, resulting in substantial advertising revenue."
OPTION AGREEMENT
On November 26, 2007, the Registrant, IAS Energy, Inc., an Oregon corporation (“IAS” or the “Company”), entered into an Option Agreement (the “Option Agreement”) with each of the two shareholders (the “Vendors”) of Power Telecom Limited (“Power Telecom”), a company incorporated in Hong Kong, for the option to acquire up to 100% of the outstanding shares of Power Telecom in consideration for the issuance of up to 50,000,000 Class A shares of common stock of the Company and the requirement to invest up to $650,000 towards the further development of Power Telecom’s business. Power Telecom owns 100% of the rights to the Chinese website http://www.video1314.com.
On September 3, 2008, the Company completed the third option exercise, pursuant to the Option Agreement, and now holds an aggregate of 6,000 shares of Power Telecom’s common stock representing 60% of the issued and outstanding equity and voting interests of Power Telecom. Following completion of the third option exercise, IAS has paid Power Telecom an aggregate of $350,000 cash, for working capital purposes, issued an aggregate of 30,000,000 shares of its common stock to the Vendors, and issued an aggregate of 3,000,000 shares of its common stock as a finders fee, for the first, second and third options.
Immediately following the exercise of this third option by IAS, there were 70,013,817 shares of IAS’s common stock outstanding and the Vendors became a 42.85% shareholder of IAS, holding an aggregate of 30,000,000 shares of common stock of IAS from the exercise of the first three options.
Further options include the following:
1)
To purchase an additional 20% interest in Power Telecom, the Company must issue an additional 10,000,000 Class A common shares, pay a further $150,000 to Power Telecom, and issue an additional 1,000,000 Class A common shares as a finder’s fee.
2)
To purchase an additional 20% interest in Power Telecom, the Company must issue an additional 10,000,000 Class A common shares, pay a further $150,000 to Power Telecom, and issue an additional 1,000,000 Class “A common shares as a finder’s fee.
Material relationships in respect of the transaction between the Vendors or Power Telecom and the Registrant or any of its affiliates, or any director or officer of the Registrant, or any associate of any such director or officer, are set out herein this 8-K/A (see “Certain Relationships and Related Transactions, and Director Independence”).
Not much new.
Waiting for the Q results.
Stock has been sliding, yet this is expected with the increase in A/S, which are paying for 1314 video. Overall, this is a long term play. There will be more stock selling in order to cover the last 20%. I expect a break even point sometime next year.
Overall the company is building a web base system and users. This will take time. Revenue was up, suggested by the Sept PR, yet this might have been due to the Olympics in China. We will see in the near future as to how well revenue streams can be maintained and grown.
Samuel Kam as the new chairman and they are changing the name of the company to Video1314.
This is a long play, but might be very worthwhile.
The P/E of internet companies are around 26-33.
Kam mentioned that significant revenue was generated from the increase in hits.
NEWS
HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA, Sep 22, 2008 (MARKET WIRE via COMTEX) -- IAS Energy, Inc. (OTCBB: IASCA) is pleased to announce that the board of directors has approved the proposed name change from IAS Energy, Inc. to Video1314.com, Inc. The name change is subject to shareholder approval at the next annual general meeting.
The board of directors has also appointed Samuel Kam as Chairman of IAS Energy, Inc.
Samuel Kam, Chairman of IAS Energy, Inc., reported this week Video1314.com has received a record 934,147 hits to its web site in a single day. Mr. Kam states, "Our goal of 1,000,000 hits per day is not far off, resulting in substantial advertising revenue."
IAS Energy, Inc. has an option to earn up to a 100% interest in Video1314.com, through Power Telecom Limited, by issuing a total of 50 million shares of IAS and paying US$650,000 in five equal payments over a one year period. IAS has made the first three payments totaling US$350,000, and issued 30 million shares of IAS Energy, Inc. to earn a 60% interest in www.Video1314.com.
Video1314.com is a Chinese Web 2.0 platform similar to YouTube. Video1314 has plans to expand its Chinese platform and launch across Asia in Japanese, Korean and English. Besides Video, photo and audio sharing capabilities, Video1314 also offers a C2C, B2C and B2B marketplace to buy and sell goods for its members.
Additionally, IAS Energy, Inc. has an interest in three producing oil and gas wells in Texas with Anadarko Petroleum Corporation as the operator, and three producing gas wells in Kentucky with Young Operating Co., of Kentucky, as operator. For further information please visit www.iasenergy.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
So what do you think of IASCA?
Today was a rough day. I will try to pick up some more shares in the future. I think this is a very long pay with the potential to be big in a few years.
As for the report... IASCA is not making money yet. Advertising should eventually, one hopes, start paying the bills. As for the CEO, I like that he is building a company. He is not getting payed a salary, which provides a clue as to his character - not diluting the company to get payed.
IAS Energy Inc. has posted their most recent quarterly filling for the full report go to
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6152702-974-120371&type=sect&dcn=0001062993-08-004123
New name is IAS Communications Inc
New company name and direction going from oil into the internet age.
IASCA made a nice move today..anyone followed it? -Gecko
IASCA IAS Communications, Inc. Announces Successful Gas Well Completed in Kentucky
Business Wire - June 6, 2006 9:00 AM (EDT)
VANCOUVER, British Columbia, Jun 06, 2006 (BUSINESS WIRE) -- IAS Communications, Inc. (OTCBB:IASCA) (www.iasenergy.com) is pleased to announce it has been advised by Energy Source, Inc., the operator, that the Ken Lee #1 well has been successfully completed as a commercial gas well. The initial open flow tested 1.22 MCF of high BTU gas. The well was completed to a depth of 1410' in the Big Lime formation.
John Robertson, President and CEO of IAS Communications, Inc., states, "The successful drill results for the Ken Lee #1 gas well provides confirmation of a productive gas field in the Knox and Laurel counties, Kentucky."
Gas production is to be completed in two weeks to the nearby Delta Natural Gas Line.
Additional drilling to be announced in the same gas field as the Ken Lee #1.
IAS has an option to participate in up to 24 wells to earn a 100% working interest, subject to a 12-1/2% interest to the landowner and 27-1/2% interest to Energy Source, Inc., the operator of the wells. IAS has an agreement with Teryl Resources Corp. wherein Teryl can earn a 40% working interest in up to 24 wells in the Kentucky gas field.
About IAS Communications, Inc.
IAS Communications, Inc. has an interest in two producing oil and gas wells in Texas. The wells are operated by Anadarko Petroleum Corporation, which is one of the largest independent oil and gas exploration and production companies in the world.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Statements in this press release regarding IAS Communications, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including the impact of competitive products and pricing, the need to raise additional capital, uncertain markets for the Company's products and services, the Company's dependence on third parties and licensing/service supply agreements, and the ability of competitors to license the same technologies as the Company or develop or license other functionally equivalent technologies.
SOURCE: IAS Communications, Inc.
IAS Communications, Inc.
John Robertson, 800-665-4616
Copyright Business Wire 2006
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John G. Robertson, President, CEO
James Vandeberg, COO , CFO
Jennifer Lorette, Secretary, CFO
Outstanding Shares 70,013,817 as of Sep 8, 2008
Number of Share Holders of Record 140 as of Aug 28, 2008
April 2, 2009
Video1314.com Traffic Growth
Pageviews Hits
Nov-07 1,307,826 4,282,610
Dec-07 1,748,905 6,060,487
Jan-08 2,435,476 10,117,685
Feb-08 2,598,229 11,450,293
Mar-08 2,601,568 10,475,886
Apr-08 2,680,890 10,568,581
May-08 3,280,898 12,923,705
Jun-08 3,508,593 14,339,012
Jul-08 3,338,879 13,643,764
Aug-08 3,115,257 12,173,271
Sep-08 3,891,064 16,688,314
Oct-08 3,575,341 13,885,588
Nov-08 3,273,213 13,479,472
Dec-08 3,648,150 13,594,012
Jan-09 3,156,214 22,682,711
Feb-09 5,509,075 28,352,362
Mar-09 11,456,040 45,462,333
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Video1314.com users come from these countries:
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China 52.70%
Hong Kong 28.30%
Taiwan 8.30%
Canada 4.70%
United States 3.20%
Macao 1.30%
Other countries 1.40%
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"The record hits indicate that our site, Video1314.com, is one of the fastest growing social internet sites in Asia," said Samuel Kam, Chairman of IAS Energy, Inc. and CEO of Video1314.com, "This should greatly assist us in generating advertising revenue this year."
Video1314.com is a fast growing Chinese Web 2.0 platform that allows users to share videos, music and audio. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan. The features of the site are focused on:
- Free online photo, video and audio sharing,
- A marketplace to buy and sell goods using video, photo and audio technologies
- Online educational gaming
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
Contacts:
IAS Energy, Inc.
John Robertson
President
1-800-665-4616
Website: www.iasenergy.com
Press release 4/20/2009
HONG KONG, CHINA AND VANCOUVER, BRITISH COLUMBIA, Apr 20, 2009 (MARKET WIRE via COMTEX) -- IAS Energy, Inc.
IASCA is pleased to announce that Video1314.com (IAS owns 60% interest) has partnered with China Outdoor Media Group, a Hong Kong public company. (SEHK: 254) China Outdoor Media Group, in partnership with Video1314.com, will first post top rated Video1314.com's media clips on up to 4,000 displays in China Post outlets in Guangdong province, southern China. In the future, the display of the media clips will gradually be expanded to be displayed throughout China Post's 60,000 outlets. China Post is China's postal system that has over 60,000 postal outlets, is one of the largest savings banks in China and has this exclusive media relationship with China Outdoor Media Group.
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