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**CERTIFICATION        PURSUANT TO**

**18        U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO**

**SECTION        906 OF THE SARBANES-OXLEY ACT OF 2002**

| 1. | the                  quarterly report on Form 10-QSB of Investment Associates Inc. for                  the                  period ended December 31, 2006 (the “Report”) fully complies with the                  requirements of Section 13(a) or 15(d) of the Securities Exchange                  Act of                  1934; and |
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| 2. | the                  information contained in the Report fairly presents, in all material                  respects, the financial condition and results of operations of                  Investment                  Associates Inc. |
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|                                       |                                                                        |                                    |
|--------------------------------------------|-----------------------------------------------------------------------------|-----------------------------------------|
|                                       |                                                                        |
|                                  |                                                                   |                               |
| Dated:                    February 1, 2007 |                                                                        | /s/                     Steve Khan |
|                                       | Steve Khan,                    Chief                      Executive Officer |
|                                       |                                                                        |

|                                       |                                                                                  |                                          |
|--------------------------------------------|---------------------------------------------------------------------------------------|-----------------------------------------------|
|                                       |                                                                                  |
|                                  |                                                                             |                                     |
| Dated:                    February 1, 2007 |                                                                                  | /s/ Robert                    Hemmerling |
|                                       | Robert                      Hemmerling,Chief                        Financial Officer |
|                                       |                                                                                  |

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