What "gives" is they got touted in a tout letter, Stock Genie, notice they got paid 50,000 shares free-trading for their "services"; pretty much explains everything; back into the cesspool post haste...
**********************NEW SPECIAL ALERT********************
STOCK GENIE'S NEW SPECIAL ALERT: IAS Communications, Inc.
OTC (Bulletin Board) SYMBOL: IASCA
TODAY'S CLOSING BID PRICE $ 0.875
HISTORY
IASCA was incorporated in Oregon in 1994 and in July 1995 it
acquired the worldwide exclusive licensing rights to the CTHA
technology for commercial markets from West Virginia University,
which holds the patents. In April 1996 it started trading on the
OTC Bulletin Board.
The device is a low profile donut shaped antenna. It is a tried
and tested technology that is in the process of being
commercialized. This antenna has outperformed conventional
monopole antennas in tests with the military by 300% in terms of
its reach and is a fraction of the size of a ground plane
structure necessary for a quarter-wave monopole antenna. Its
smaller size means it can replace items such as the existing
ugly fishbone TV antennas that are criticized by local
governments and environmentalists for spoiling the environment.
Its resonant operation improves efficiency, it is lighter and
cheaper than conventional antennas. Partly, due to its unique
design, it is better able to capture and send signals and is
also omni-directional, which is a huge advantage for some
applications in that it does not require positioning.
Its design also enables it to be manufactures cheaply. IASCA
out-sources production and has an agreement to do so with TDP
Electronics, a supplier of antennas and accessories to many
retailers throughout North America. In tests a one inch tall
and three inch in diameter antenna successfully communicated
with a satellite 22,000 miles from earth.
THE MARKET
IASCA's market is for communications devices, which is among
the fastest growing sectors in the telecommunications industry.
According to experts, the telecommunications sector is growing
at 20% per annum and is expected to continue doing so for
several years to come. On the hardware side, global growth
is expected at around 13% per annum.
New cellular networks are being set up in countries as diverse
as India, China, and Brazil.
Such expansion in the developed world along with emerging
countries will greatly benefit hardware providers such as IASCA,
which provide cheaper, high performance technology as
alternatives.
Other sub-sectors include paging, Global Positioning Systems (GPS),
two-way radios, satellite and home TV and CB radios. IASCA is in
discussion with players in most of these sectors.
The first areas of commercialization for IASCA's antenna will be
for ham radios and TV antennas. For Ham radios the IASCA Antenna
can cover a much greater frequency range and cover low bands.
There are also a lot of olds antennas which need replacing. For
TV antennas there is also a large market across the US. Ninety
million homes have TV sets in the US alone representing a 3.6
billion-dollar market at $40.00 per antenna.
Leading electrical retailers Radio Shack, currently sell two
million conventional TV antennas every year. Apart from a better
ability to capture signals. IASCA's antenna significantly
smaller size means it is not an eye sore on buildings – an
important environmental consideration.
Meanwhile, the AMR (Automated Meter Reading) sector for instance
is expected to be worth US $12 billion over the next 10 years in
the US alone with the conversion of 270 million gas, electric and
water meters to be able to send data to the utility companies more
efficiently. IASCA is currently developing an electric/water meter
antenna for a large meter reading company.
Typically, IASCA asks for an up-front payment from a company
wanting to obtain a license plus moderate license and engineering
fees. This helps to locate the more serious players and keeps
IASCA's costs down and helps safeguard shareholder funds.
Numerous marketing deals are in the pipeline with leading industry
players. One of the first has come through Information-Highway.com,
Inc. (IHWY), which is a leading Canadian internet service provider.
IHWY will market IASCA's TV antenna via the Internet at
www.iascom.com and vancouver.theexecutive.com on its virtual mall
Internet website.
IASCA is also testing several applications for 2-way pagers, am/fm
stereo radios, CB and amateur radios, hand held radios, marine
applications, laptop computers for PC/LAN potential customers.
THE MANAGEMENT
The key players at IASCA have all had extensive business
experience and include the developers of the technology. The
team is also supported by consultants with solid experience with
the technology and a deep understanding of the company's markets.
John G. Robertson – President, Chairman & CEO
Co-founder of IAS and President & CEO of Reg Technologies and
its US subsidiary Rand Energy Group, which in engaged in the
development of a rotary engine. He is also President of SMR
Investments, which has been in business since 1979 managing
and financing public companies and also, President & CEO of
Information-Highway.com.
Barclay Hambrook – Vice President of Business Development
He has had extensive involvement in the telecommunications
industry and is a founder and director of World Tel. He has
negotiated technology deals in Asia, Europe and North America.
He is also listed in the Who's Who of Canadian business and
was past chairman of a company now ranked in the top 100 non
US oil companies.
James Earl Smith – Co-inventor and Co-founder
IAS's co-founder and co-inventor of the CTHA, currently a
professor at the West Virginia University.
Jennifer Lorette – Secretary
Co-founder of IAS, Secretary of several other public companies
over the last five years.
***********************************************************
INVESTMENT OPPORTUNITY
The information presented above was furnished to The Stock Genie
by the company. IASCA has exclusive worldwide rights
(non-military) to a revolutionary antenna, which makes wireless
communication much more efficient and could make current antennas
obsolete. IASCA is a telecommunications company and is likely not
only to benefit from the sector's strong growth but could
additionally see growth as a result of possessing a proprietary
technology in the wireless multi billion dollar industry.
VALUATION
According to the company, they are projecting revenues
$38 million in 2000, $63 million in 2001 and $91 million in
2002 resulting in profits of $21, $36, and $56 million
respectfully. If we assume they only achieve 25% of their
target, then that would equate to approximately $9.5 million
in revenue during 2000 resulting in a profit of approximately
$5.25 million. There are currently 9.4 million shares
outstanding (3.4 million shares are in the float). If you divide
the net income of $5.25 million by the 9.4 million total shares
outstanding, then that would equal approximately $.55 of
earnings per share. According to Bloomberg L.P., IASCA is
classified as a Telecommunication Equipment Company. Within this
group are LU, NT, TLAB, ADCT, GIC, and QCOM among others. The
average company with in this group that earns money trades with
multiples of approximately 83 times earnings. If we assume that
IASCA only trades at 10 percent of the peer group average then
that would be 83 multiplied by .10 or approximately 8 times
earnings. Multiplying 8 by the projected earnings of $0.55 that
would imply a STOCK PRICE of approximately $ 4 3/8 PER SHARE.
Based on today's closing bid price of $ 0.875 these assumptions
would imply an approximate 400 PERCENT INCREASE !!!!
For further information please contact:
John Robertson, President & CEO
IAS Communications, Inc.
#185-10751 Shellbridge Way
Richmond, BC V6X 2W8 Canada
Tel: 604-278-5996 / 800-665-4616
Fax: 604-278-3409
Email: john@iascom.com
or visit the company's web-site at: iascom.com
***********************************************************
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***********************************************************
Last week ONPS issued a press release:
(http://www.stockgenie.com/onpsrel.htm)
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