|   | I. | Honest and Ethical      Conduct |
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|   | • | Officers      and board members will exhibit and promote the highest standards of honest      and ethical conduct through demonstrated practices  that: |

|   | - | Encourage      and reward professional integrity, eliminating inhibitions and barriers to      responsible behavior such as coercion, fear of reprisal, or alienation      from the members of the organization or the enterprise    itself. |
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|   | - | Prohibit      and eliminate the appearance or occurrence of conflicts between what is in      the best interest of the enterprise and what could result in material      personal gain for an officer or member of the  board. |
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|   | - | Provide      a mechanism for any officer or board member to inform the audit committee      of the board or one of its members about deviations in practice from      policies and procedures governing honest and ethical    behavior. |
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|   | - | Demonstrate      their personal support for such policies and procedures through      communication that reinforces these ethical standards in all aspects of      the corporate governance and operational  activity. |
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|   | II. | Avoidance of Conflicts of      Interest |
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|   | • | Business      decisions must be made in the Company’s best interest, not motivated by      personal interest or gain. |

|   | • | Therefore,      officers and board members shall avoid any actions that may involve, or      that may reasonably be construed to involve, a conflict of interest with      their business obligations to IAG. |
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|   | • | Furthermore,      officers and board members shall avoid relations, business or otherwise,      that might impair, or appear to impair, the independence of any judgment      rendered on behalf of IAG, or if such relations cannot be avoided, to      ensure they are disclosed to the board of directors and recuse themselves      from decisions involving such persons or circumstances where a conflict of      interest exists. |
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|   | • | Officers      and directors are prohibited from: (a) taking for themselves personally      opportunities that properly belong to the company or are discovered      through the use of company resources, information or position; (b) using      company property, information or position for personal gain; and (c)      competing with the company. Officers and directors owe a duty to IAG to      advance its legitimate interests when the opportunity to do so      arises. |
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|   | • | The      IAG’s records are to be maintained as confidential until such time as the      Company’s  management or Board determines that such information      is to be disclosed to the public. Confidential information, including      information related to the company’s search for a business combination and      confidential information it receives from others in connection therewith,      shall not be disclosed except as permitted or required by law, and then      only in the manner deemed approved management of the  board. |
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|   | III. | Financial Records and Periodic      Reports |
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|   | • | The      Company’s Officers will establish and manage the enterprise      transaction and reporting systems and procedures to ensure      that: |

|   | - | Business      transactions are properly authorized and recorded on the Company’s books      and records in accordance with Generally Accepted Accounting Principles      (GAAP) and sound business practice. |
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|   | - | The      retention or proper disposal of Company records is accordance with      applicable legal and regulatoryrequirements. |
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|   | - | Periodic      financial communications and reports are delivered in a manner that      facilitates clarity of content and meaning so that readers and users can      reasonably quickly and accurately determine their significance and      consequences. |
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|   | • | As      a public company, IAG is required to file periodic and other reports with      the Securities and Exchange Commission. All officers and directors of the      company shall take all reasonable steps to ensure that these reports      furnish the marketplace with full, fair, accurate, timely and      understandable disclosure regarding the company’s financial and business      condition. |
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|   | • | Officers      and directors shall promptly bring to the attention of the Audit Committee      any information they may have concerning (i) significant deficiencies in      the design or operation of internal controls that could adversely affect      IAG’s ability to record, process, summarize and report financial data or      (ii) any fraud, whether or not material, involving management or others      who have a significant role in IAG’s financial reporting, disclosures or      internal controls. |
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|   | IV. | Compliance with Applicable      Laws, Rules and Regulations |
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|   | • | Officers      and directors will: |

|   | - | Develop      and maintain familiarity with federal, state or local statute, regulation      or administrative procedure that affects the operation of the Company;      and |
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|   | - | Monitor      the company’s compliance with applicable federal, state or local statute,      regulation or administrative rule;and |
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|   | - | Consistent      with their position and responsibility with the Company, identify, report      and take initiatives to promptly correct any detected deviations from      applicable federal, state or local statutes or  regulations. |
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|   | • | Officers      and directors shall have unrestricted access to company legal counsel, at      the company’s expense, in connection with their efforts to fulfill their      duties regarding compliance with laws and  regulations. |
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|   | • | In      general, the Foreign Corrupt Practices Act (“FCPA”) prohibits IAG and its      officers and directors from making or offering to make payments or      promises to foreign governments, foreign officials, foreign political      parties, candidates for foreign political office and other persons known      to be conduits to such recipients if the purpose of such payment or      promise is to obtain or retain business or to direct business to any other      person. Both civil and criminal liability is imposed for violations of the      FCPA requirements and prohibitions. |
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|   | • | In      general, officers and directors who have access to, or knowledge of,      material nonpublic information from or about IAG are prohibited from      buying, selling or otherwise trading in the company’s stock or other      securities. “Material nonpublic” information includes any information,      positive or negative, that has not yet been made available or disclosed to      the public and that might be of significance to an investor, as part of      the total mix of information, in deciding whether to buy or sell stock or      other securities. |
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|   | • | Officers      and directors in possession of material nonpublic information also are      prohibited from giving “tips”, that is directly or indirectly disclosing      such information to any other person, including family members, other      relatives and friends, so that they may trade in IAG’s stock or other      securities. Officers and directors who acquire material nonpublic      information about another company, such as a business combination target      company, are restricted from trading in the securities of the other      company or providing “tips” to others regarding the other company. Such      “insider trading” is both unethical and illegal, and could subject any      person violating such laws to criminal penalties of up to $5 million and a      jail term of up to twenty (20) years, as well as civil penalties of up to      three times the illegal profit gained or loss  avoided. |
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|   | V. | Internal      Reporting |
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|   | • | The      chief executive officer and/or the audit committee of the board of      directors or any member thereof are designated points of contact for      reporting any violation of this code.  They may be reached at      the following address and telephone number: Address: 2918 Fifth Avenue South, Suite      209, San Diego, CA 92103Tel: (619)  298-9883 |

|   | • | IAG      not only encourages, but also considers it the obligation of all officers      and directors to report violations of the Code of Business Conduct and      Ethics. |
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|   | • | No      officer or director will be penalized for making a good-faith report of      violations of this Code of Business Conduct and Ethics or other illegal or      unethical conduct, nor will we tolerate retaliation of any kind against      anyone who makes a good-faithreport. |
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|   | • | Any      officer or director who submits an intentionally false report of a      violation, however, will be subject to corrective  action. |
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|   | • | If      any officer or director who reports a violation is in some way also      involved in the violation, the fact that such individual stepped forward      will be considered by the Board Review Committee (as defined      below). |
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|   | VI. | Accountability |
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|   | • | If      the result of an investigation indicates that corrective action is      required, all of the disinterested members of the Board of Directors (the      Board Review Committee) will decide, or designate appropriate persons to      decide, what actions to take, including, when appropriate, referral to      outside authorities, legal proceedings and corrective action up to and      including termination, to rectify the problem and avoid the likelihood of      its recurrence. |

|   | • | Corrective      actions shall be reasonably designed to deter wrongdoing and to promote      accountability for adherence to this Code of Business Conduct and Ethics,      and shall include written notices to the individual involved that the      Board Review Committee has determined that there has been a violation,      censure by the Board Review Committee, demotion or re-assignment,      suspension or termination of the individual involved (as determined by the      Board Review Committee). |
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|   | • | In      determining what action is appropriate in a particular case, the Board      Review Committee or its designee shall take into account all relevant      information, including the nature and severity of the violation, whether      the violation was a single occurrence or repeated occurrences, whether the      violation appears to have been intentional or inadvertent, whether the      individual in question had      been advised prior to the violation as to the proper course of      action and whether the individual in question had committed other      violations in the past. |
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