Asura Development Group, Inc.(fka IAGI)

[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.