Agreement of Security

                                                                   Exhibit 10.63

Translated from Japanese

                   Contract of Security of Transferred Shares

In order for IA Global ('IAO') to provide the IAO owned capital shares of Global
Hotline('GHI') as collateral to H Capital, H Capital and IA Global will enter
into an Agreement of Security of transferred shares (the 'Contract').

   Article 1. (Purpose) In order to secure the obligation (the 'obligation')
   mentioned in the loan agreement made as of February 25, 2009(the 'Agreement')
   by H Capital and GHI, H Capital, IAO and GHI have agreed to provide H Capital
   as surety the IAO owned 600 capital shares of GHI (the 'Shares') as
   collateral in the case that Global Hotline defaults on its loan repayment
   commitments.

   Article 2. (Collateral value) H Capital, IAO and GHI have confirmed that the
   capitalization of the Shares is at Y30,000,000 and that the value as
   collateral is Y15,000,000.

   Article 3. (Issuing of shares) GHI shall issue the certificates of the Shares
   to IAO and IAO shall provide them to H Capital, if GHI defaults on its loan
   repayments.

   Article 4. (Approval of the Board of Directors) This matter has been approved
   by the Board of Directors of GHI as of March 2, 2009 and GHI must submit a
   certified copy of the minute book from the Board meeting.

   Article 5. (Matters to con