Now we bring you IOGA

After a RUN to 1 dollar in April, IOGA pulled back to 0.39 I has run again to .65 and IOGA may be preparing for a mouth-watering run back to 1 dollar as more news, deals, partnerships, and progresses are made.

Start your research on IOGA right away as this could be an explosive opportunity.

Remember, trade smart, use stop losses and if you happen to see yourself in profits, it could be wise to take advantage of the situation.

INSCOR specializes in the education and marketing of the FIT OPEB plan to municipalities and corporations as a low-cost solution to funding retiree and other employee benefits. A FIT plan variation also works for affluent individuals, entertainers and professional athletes - whether for estate planning or funding cash flow needs. INSCOR's "FIT" (Financed Insurance Trust) strategy uses a combination of favorable financing terms, innovative uses of specific life insurance products and trusts - all of which result in minimum levels of out-of-pocket costs for producing significant future funding and revenue stream opportunities.

The real culprit in the recent financial distress may be unfunded retiree health care and Other Post-Employment Benefits (OPEB). These figures total an estimated 1.5 trillion dollars in unfunded liabilities but can be addressed by Inscor's innovative and inexpensive approach.

IOGA is well-positioned to help many state and local governments across the country reeling from financial distress. IOGA is a provider of low-cost solutions to funding retiree and other employee benefits.

INSCOR has developed unique funding solutions utilizing high cash-value life insurance contracts combined with low-cost financing that allow cities and large companies to remove the burden of funding retirement benefits. INSCOR markets a variation of the plan to affluent individuals as well, especially those whose income potential is limited to a short period, such as athletes and entertainers.

INSCOR’s diverse target market and first-mover advantage as the only viable low-cost option to fund OPEB liabilities should result in high revenue growth and profitability.

On the FIT OPEB side, the Company’s target market is huge. Nonetheless, INSCOR has established a core “hit list” of prospects that have relatively high credit ratings, yet unfunded OPEB liabilities over the past two years, that will enable meaningful revenue to occur during the second half of 2012. On average, INSCOR’s target prospect has 4,000 – 5,000 employees and the anticipated employee life insurance sign-up rate is 20-25%. According to our model, an average municipal contract should result in a contract value of 15.2 million dollars, of which 9.1 million dollars is booked in Year 1, and the balance amortized equally over 4 years.

On the individual FIT side, we estimate that an average contract could be worth 700,000 dollars in revenue, with 60% booked in Year 1 and the balance amortized equally over 4 years. Beginning in mid-2013, we expect that management will hire regional sales managers to mine the existing prospects and develop new ones in the municipal world, while also hiring personnel in sales, marketing and administrative roles.

COMPETITIVE ADVANTAGES

In our view INSCOR has a number of advantages over the present competition, including at least a two-year head start against any prospective competitors.

• First mover advantage
• Only viable, low-cost solution for municipal market that does not include raising taxes or issuing new bonds
• Relationship with actuary firm to provide independent evaluation and back-testing
• Key executives have a combined 80+ years in the insurance industry
• Diverse corporate and individual tailored, target market strategies
• Highly profitable model with recurring revenue streams

INVESTMENT HIGHLIGHTS

• The current financial crisis has taken its toll on government entities. Retiree health care and Other Post-Employment Benefits (OPEB) plans, especially those run by governmental entities, remain largely unfunded. Recently implemented GASB 45 accounting rules reveal unfunded liabilities in excess of 1.5 trillion dollars among state and local governments.
• Governments are limited as to existing options to fund these liabilities. Municipalities can attempt to raise taxes, cut spending in already reduced budgets, but these steps tend to be universally unpopular.
• IOGA has developed what may be the only low-cost solution to funding retiree and other employee benefits without raising taxes or issuing new bonds. This method has been used by Fortune 500 companies and IOGA tailored it toward the 67,000 government and agency markets in the U.S.
• INSCOR's "FIT" (Financed Insurance Trust) innovative strategy generates substantial cash flow to fund these OPEB liabilities at little or no out-of-pocket costs to the municipalities. Plus, FIT for high-net worth individuals could be a sleeper revenue driver in the athlete market.
• IOGA expects to begin generating meaningful revenue in 2013, following 2 years of marketing the FIT product. We expect that IOGA could generate 52M dollars in revenue and EPS of 0.02 in 2013 and 140M and 0.18 dollars EPS in 2014.
• IOGA is positioned to generate substantial and recurring revenue and earnings as the only real solution to the municipal financial crisis. Our 3.25 dollar 12-18 month target is based upon 18x our FY14E EPS estimate. With only 4.3M shares in the public float, as IOGA executes, the stock could quickly exceed our target. We rate the stock Speculative Buy.