CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for International Automated Systems, Inc. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

International Automated Systems, Inc.
326 North State Road 198
Phone: (801) 423-8132p:801 423-8132 Salem, UT  84653-5620  United States Fax: (801) 423-1431f:801 423-1431
On 10/31/2018, the United States District Court for the District of Utah, Central Division, appointed R. Wayne Klein as the Receiver for the Company's estate. The appointment of the Receiver terminates the directors, officers, professionals and other agents of the Company, stripping all officers, directors and agents of authority to act on behalf of the Company, and authorizing the Receiver to take control of the Company and its assets.
This company is no longer actively traded on any major stock exchange.
Business Summary
International Automated Systems, Inc. is a development-stage company. Its activities consists of developing a business plan, raising capital through the issuance of debt and equity instruments, developing power generation equipment and obtaining the rights to certain technology related to electronic security and communication equipment. It has a bladeless turbine production model. It uses the expansion of steam, through propulsion, to create a rotational force. Its Automated Self-Service Check-Out System is an integrated, automated check-out system for customers of retail establishments and provides for self-service check-out lines, stations or lanes. It has an Automated Fingerprint Identification Machine (AFIM), which verifies the identity of individuals. It also has digital wave modulation (DWM) technology that transmits information and data using different wave patterns, configurations and timing in the electromagnetic spectrum. The Company has not generated any revenues.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20166/30/2016YesYes--Yes

Industries
SIC Code Description
7372 Prepackaged software
3511 Steam, gas, and hydraulic turbines, and turbine generator set units
3433 Heating equipment, except electric and warm air furnaces
3824 Totalizing fluid meters and counting devices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Neldon P.Johnson 72
Chief Financial Officer, General Manager LaGrand T.Johnson 52
Vice President, Secretary Randale P.Johnson 49 6/1/1996 6/1/1996
Independent Director BlainPhillips 56
Independent Director CurtisSnow 52 9/1/2010 9/1/2010

General Information
Number of Employees: 12 (As of 6/30/2010)
Outstanding Shares: 79,156,343 (As of 4/11/2017)
Shareholders: 993
Stock Exchange: OTC
Federal Tax Id: 870447580
Fax Number: (801) 423-1431


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023