Exhibit 21.1
SUBSIDIARIES OF THE REGISTRANT
| Entity Name | Place of Incorporation | Shareholders |
| IMS Internet Media Services, Inc. | Florida, US | 100% Aleph Group, Inc |
| IMS Media, LLC | Delaware, US | 100% IMS Internet Media Services, Inc. |
| IMS Internet Media Services Panama, S. de R.L. | Panama | 95% IMS Internet Media Services, Inc. 5% IMS Media, LLC |
| IMS-Internet Media Services Ecuador S.A. | Ecuador | 99% IMS Internet Media Services, Inc. 1% IMS Media, LLC |
| 10 Midia Publicidade e Propaganda Ltda. | Brazil | 99.99% IMS Internet Media Services, Inc. 0.01% IMS Media, LLC |
| Radobel S.A. | Uruguay | 100% IMS Internet Media Services, Inc. |
| IMM Internet Media Mexico, S. de R.L. de C.V. | Mexico | 99% IMS Internet Media Services, Inc. 1% IMS Media, LLC |
| Internet Media Services Europe S.L. | Spain | 100% IMS Media, LLC |
| Internet Media Services Colombia S.A.S. | Colombia | 100% IMS Internet Media Services, Inc. |
| IMS Argentina S.R.L. | Argentina | 99.99% Radobel S.A. 0.01% IMS Media, LLC |
| IMS Chile SpA | Chile | 100% Radobel S.A. |
| IMS-Brasil Servicos de Publicidade Ltda. | Brazil | 78.63% Radobel S.A. 21.37% IMS Media, LLC |
| Internet Media Services Peru S.R.L. | Peru | 99% Radobel S.A. 1% IMS Media, LLC |
| Neokei S.A. | Uruguay | 75% Radobel S.A. 25% Bohemia Plus Inc. |
| Social Media S.A. | Panama | 100% Neokei S.A. |
| Snack Media, S.A. de C.V. | Mexico | 95% Neokei S.A. 5% Social Media S.A. (Panama) |
| Socialmedia S.A. | Argentina | 99.88% Neokei S.A. 0.12% Snack Media, S.A. de C.V. |
| Social Snack S.L. | Spain | 100% Neokei S.A. |
| Httpool Holdings UK Limited | United Kingdom | 100% IMS Internet Media Services, Inc. |
| Httpool Online Marketing GmbH | Austria | 100% Httpool Holdings UK Limited |
| NOOVO Internet D.O.O. | Croatia | 100% Httpool Holdings UK Limited |
| Httpool Baltics OU | Estonia | 100% Httpool Holdings UK Limited |
| Httpool Asia Limited | Hong Kong | 100% Httpool Holdings UK Limited |
| Httpool Drushtvo za Internet Marketing DOOEL Skopje | Macedonia | 100% Httpool Holdings UK Limited |
| Httpool Online and Mobile Advertising Srl | Romania | 100% Httpool Holdings UK Limited |
| Httpool Bulgaria EEOD | Bulgaria | 100% Httpool Holdings UK Limited |
| Httpool a.s. | Czech Republic | 100% Httpool Holdings UK Limited |
| Httpool Hellas MIKE | Greece | 100% Httpool Holdings UK Limited |
| HTTPool Sh.p.k. | Kosovo | 100% Httpool Holdings UK Limited |
| Httpool Polska sp. Z.o.o. | Poland | 100% Httpool Holdings UK Limited |
| Httpool d.o.o. Beograd | Serbia | 100% Httpool Holdings UK Limited |
| Httpool Internet Marketing d.o.o. | Slovenia | 100% Httpool Holdings UK Limited |
| Httpool Digital Marketing FZE | United Arab Emirates | 100% Httpool Holdings UK Limited |
| Httpool Hungary Kft. | Hungary | 100% Httpool Holdings UK Limited |
| OOO Httpool | Russia | 100% Httpool Holdings UK Limited |
| Httpool Ukraine LLC | Ukraine | 100% Httpool Holdings UK Limited |
| Httpool Lithuania UAB | Lithuania | 100% Httpool Holdings UK Limited |
| Httpool Latvia SIA | Latvia | 100% Httpool Holdings UK Limited |
| Httpool Norway AS | Norway | 100% Httpool Holdings UK Limited |
| Httpool Oy | Finland | 100% Httpool Holdings UK Limited |
| Httpool AB | Sweden | 100% Httpool Holdings UK Limited |
| Httpool Denmark ApS | Denmark | 100% Httpool Holdings UK Limited |
| Httpool Digital Private Limited | India | 99.96% Httpool Holdings UK Limited 0.04% Httpool Internet Marketing d.o.o. (Slovenia) |
| Httpool Myanmar Limited | Myanmar | 100% Httpool Holdings UK Limited |
| Httpool (Cambodia) Co., Ltd. | Cambodia | 100% Httpool Holdings UK Limited |
| HTTPOOL Bangladesh Limited | Bangladesh | 99% Httpool Holdings UK Limited 1% Httpool Digital Marketing FZE (UAE) |
| Httpool Lao Sole Co., Ltd. | Laos | 100% Httpool Holdings UK Limited |
| Httpool Digital Malaysia SDN Bhd | Malaysia | 100% Httpool Holdings UK Limited |
| PT Httpool Digital | Indonesia | 51% Httpool Holdings UK Limited 49% PT Cahaya Utara Group |
| Httpool Kazakhstan LLC | Kazakhstan | 100% Httpool Holdings UK Limited |
| Httpool Digital PTE. LTD | Singapore | 100% Httpool Holdings UK Limited |
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| Httpool BY LLC | Belarus | 100% Httpool Holdings UK Limited |
| Httpool Digital Mongolia LLC | Mongolia | 100% Httpool Holdings UK Limited |
| H.T.T.Pool Pvt. Ltd. | Nepal | 100% Httpool Holdings UK Limited |
| Ad Dynamo International (Pty) Limited | South Africa | 100% Httpool Holdings UK Limited |
| Ad Dynamo Holdings Limited | United Kingdom | 100% Ad Dynamo International (Pty) Limited |
| Bangers and Mash (Pty) Limited | South Africa | 100% Ad Dynamo International (Pty) Limited |
| Ad Dynamo Kenya Limited | Kenya | 100% Ad Dynamo Holdings Limited |
| Ad Dynamo UK Limited | United Kingdom | 100% Ad Dynamo Holdings Limited |
| Ad Dynamo Ireland Limited | Ireland | 100% Ad Dynamo Holdings Limited |
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