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David Lucatch Posted on Facebook.....
David here - there has been a lot of chatter over the past couple of days about the "Gypsy Swap" transaction. The truth is alway much easier than the "speculation" of untrained professionals. Simply put, the International Fund could only invest in INT on a free trading share basis. Our goal with this group is a long term opportunity, not a short term $2.5 Million investment, as they introduce us to opportunities globally, starting in China.
The mechanism used allowed the Fund to achieve this goal. Very simply, myself (David Lucatch) and one other arm's length shareholder sold the Fund Free Trading Stock and those proceeds are now being invested into INT and we are holding the restricted - 4 month paper.
All the speculation is wrong and expansion with this Fund and others, including our US agents are very much still on the table as Ortsbo and our other divisions continue to move forward with revenue opportunities.
Another Great Post by Lex
Is ORTSBO A Competitive Threat? SP Actively Surpressed?
Take a look at the 6 month chart below … and then way below take a look at the press releases issued by the company ..without understanding the true picture behind this Company you probably won’t see what is really happening here. In fact most market participants and the general retail participant are being ‘shielded’ from the success and developing strength of Intertainment & Ortsbo’s proprietary products and services.
Below are the charts…and further down are the copious, informative, and highly significant company releases that signify a clear statement of growth, expansion, market credibility, and global importance…yet in a strange and erie fashion, the share price has been purposely driven down on each successive accomplishment … why?
It is clear that Ortsbo has found a very lucrative niche in the broadcast world that stands to displace major Canadian and global interests already active in this area – so much so – that there appears to be a virtual media (general & financial press) blackout on major Ortsbo accomplishments.
The only individuals with knowledge of Ortsbo & Intertainment are those that are ‘tuned in’. Think about that for a moment. If you didn’t know about Ortsbo & Intertainment, and all they were doing, and had done … how would you have found out about them as a retail investor … or even as an institutional investor? You wouldn’t read about it in the newspaper … and unless you attended an event you wouldn’t either…and most attending the events aren’t looking at Ortsbo as a potential investment.
The perceived market view of the Company is based primarily on the media & market exposure the Company is granted by media houses, and brokerages alike. What is the impact of unfavourable coverage? Look at what happened in May 2011 after negative press was issued, and then “corrected” …there was a marked impact to SP. Unless and until favourable wide media & market coverage is obtained, INT is a solid company that is on the verge of showing profitability with the potential to fall prey directly to market participants keen on taking advantage of what hedge fund managers call “special situations”.
What are special Situations? (Below is a paragraph from Magnum Investments)
An alternative for investors looking for higher returns without dependence on equity investments, which tend to be volatile, is to invest in the fixed-income securities of "special situations" companies. Special situations companies are ones that have undergone some kind of event or situation that has caused them to be misunderstood by Wall Street. These may be companies with complicated pay-out structures or uncertain cash-flow reimbursement streams. They may be new issues or spin-offs not yet followed by the investment community, or companies in industries experiencing negative publicity causing them to fall out-of-favour with Wall Street. Such companies often offer bonds with high yields not necessarily because they are a poor credit risk but rather because the facts surrounding these companies may be obscure or difficult to understand without detailed research. The more complex the situation, the more misunderstood it is, resulting in lower purchase valuations and potentially larger rewards for those able to correctly interpret the information.
What we have here is a situation - call it special or what you want - that the Board at Intertainment are acutely aware of and are seeking to manage in a manner that is best suited for its shareholders. At this time of perceived uncertainty it is critical to emphasize that logic suggests Intertainment has become the target of small-time market players with an agenda to silence the space around one of the most prolific and game-changing companies to grace the TMX since the great days of Nortel & RIM. As for the clamour on Canada’s most read internet stock board, the Intertainment Bullboard at Stockhouse, it would appear that there are groups tasked to dissuade, distract, and in most cases defame the merits of the Company in such a way so as to impact retail investors to act or react. We should ask Why?
The entire space around Ortsbo and Intertainment is already changing behind closed doors as we have seen and heard from the Board at Intertainment … when those players come forward with the assistance and guidance of Maxim Group the only silence will be those who didn’t see it coming. The ‘bashers’ will be reassigned to a new target company, and their digital identities will be reduced to no more than a school of fish plankton floating in the ocean of the marketplace casually ingested with purpose by one majestic whale of a company called Ortsbo :)
*** *** ***
List of News Releases Issued Since January 2012
Intertainment’s Ortsbo Reaches Over 200 Million Unique Monthly Users on Eve of Second Anniversary
07/06/12
Intertainment Media Inc. Receives Initial Term Sheet From US Financial Advisor
07/03/12
Intertainment Media Inc. Enlists Maxim Group LLC as US Financial Advisor and Investment Banker
06/29/12
Intertainment’s Ortsbo Provides Platform for eCommerce Globalization
06/19/12
Intertainment Media & Ortsbo Develop Social Media Financial Services Program for Celebrities and Fans
06/11/12
Ortsbo to Stream Live Webcast of 2012 Banff World Media Festival
06/08/12
Ortsbo’s “Live & Global” Presents the Indy 500 Soiree with Garth Brooks, Helio Castroneves and Numerous IndyCar Stars
05/23/12
Intertainment Media Provides Update on Ortsbo Spin Out
05/23/12
KIIS FM Announces Ortsbo as its Real Time Closed Captioning Language Translation Partner Live from the “Wango Tango”
05/12/12
Ortsbo Partners With Cameron Thomson For European Sales & Business Development
05/04/12
Ortsbo Welcomes Paul Stanley as Spokesperson and Business Partner
05/03/12
Intertainment Media Provides Update on Ortsbo Spin Out and Announces $20,000,000 Lead Order
05/01/12
Intertainment Media Inc. Completes the Purchase of Stake in Lexifone
04/27/12
Ortsbo’s “LIVE & GLOBAL” Presents international IZOD Indycar series chat – Live from Sao Paulo, Brazil
04/23/12
Ortsbo Presents a Highly Anticipated “Live & Global” Chat During Rock’n'Roll Allstars Tour, Live from Buenos Aires
04/16/12
Intertainment Invests in Tunezy
04/10/12
Ortsbo Live Global IZOD IndyCar Series 2012 with Brazilian Racing Stars
04/09/12
Intertainment’s Ortsbo™ Builds Senior Management Team
03/28/12
Intertainment’s Ortsbo™ Initiates U.S. Patent Process for New e-Reader Language Translator App, Now in Beta
03/21/12
Poynt Corporation and Intertainment Media Inc. Initiate a Joint Venture
03/15/12
Ortsbo to Provide Worldwide Access to Barclays Center
03/15/12
Intertainment Files Civil Claim Against Defamatory Posters on Stockhouse
03/13/12
Intertainment Media Provides Update on Synchronica Relationship
03/02/12
Intertainment Media Completes Investment In Patent Pending Video Capture Technology for Print on Demand and Social Sharing
03/01/12
Ortsbo Eclipses 107 Million Unique Users 167% increase since November 2011
02/28/12
Intertainment Media Inc. Announces Ortsbo Spin Out Structure
02/28/12
Ortsbo’s Live Coverage of the 2012 Orange British Academy Film Awards Unites 161 Countries Instantly in 53 Languages
02/14/12
Synchronica Signs Letter of Intent with Intertainment Media relating to Co-development agreement and Investment in Synchronica
02/08/12
Variety and Ortsbo.com to provide global interactive live Red Carpet and Back Stage Coverage at Orange British Academy Film Awards in 2012
02/06/12
Intertainment Media Inc. closes Investment in Award Winning Advertising Technology – Shiny Ads
02/01/12
Intertainment’s Ortsbo.com and The VarietyStudio wrap up coverage of the 2012 Sundance Film Festival
01/30/12
Intertainment Media Announces Strategic Relationship with theAudience, Inc.
01/26/12
Intertainment Media Provides Ortsbo Transaction Update
01/20/12
Ortsbo Live and Global Presents Stan Lee and Gene Simmons at Sundance Streaming Live Over the Web in Your Choice of 53 Languages
01/19/12
Intertainment’s Ortsbo Announces Strategic Relationship with Variety
01/05/12
Repost from Lexingtonhills....
The Company has said they are in discussions with major groups (broadcast included) and our peek at a presentation that was quickly taken down showed us that FCC legislation was part of the ecosystem within which they were framing utility of Ortsbo products & technologies.
After this ... a hush ...and then announcements about Wall Street Offers... facebook seed investors ... Kowango going underground ...Lexifone about to announce major revenue-generating contract - Investment in ShinyAds going extremely well ... Tunezy going public ... more Live&Globals ...and hitting 200million users ... along with customized programs for E-Commerce globalization, and Global Financial product with Sweetcard intro ...and lest we forget Kowango going underground while AdTaffy was improved ... don't forget the squeaking about pitbullmusicmobile.com !
The commercialization phase of Ortsbo is yet to be revealed ... looks like thing are just about to get underway
With Everything that Intertainment has going I think that if you wait a bit longer it will pay off. It looks like David {ceo} just about has all his ducks in a row and will start picking them off very shortly.
FYI - I've been holding since Feb 2011
GLTA
From Lexingtonhills Reposting
ORTSBO CITED SIDE-BY-SIDE WITH APPLE & GOOGLE
Major American Think-Tank Discusses Future of Technology - Says Ortsbo, Google or Apple will solve the universale translation question.
"By 2020, nearly all entertainment media will be delivered via Web, with the corresponding crash of cable companies, who become low-margin utilities. Most municipalities will take back cable- and phoneline-based Internet infrastructure by eminent domain or state legislation and provide low-cost or zero-cost connectivity to the home and business, probably supported by US government subsidies, arising from election 2012 infrastructure initiatives advanced by President Obama. Appliance manufacturers will build in Wi-Fi capabilities into printers, TVs, refrigerators, hot water heaters, air conditioners, washing machines, and clothes dryers, subsidized by energy tax credits, so that people can minimize their energy use and schedule machines to take advantage of lower-cost energy at night. Next-generation solar heating systems will also be Wi-Fi connected, relying on Web-based computing to maximize energy capture. But these will all be based on today’s houses, which are not particularly well insulated. The real breakthrough in housing will take a long time to roll out: so-called passive homes, or ultra-low-energy buildings, based on new materials and very different construction techniques. Maybe by 2040."
(Source: Stowe Boyd, cited in The Future Of Smart Systems - Pew Internet & American Life Project)
World reknonwed author and researcher Stowe Boyd puts Ortsbo next to Google and Apple and says the question of universal translation will be solved shortly.
First read a bit about the man behind the research
About Stowe Boyd
For the past decade, my work has been social tools and their impact on media, business, and society, and in recent years, a growing concentration on the future of work and the rise of the social business. I divide my attention across research, design, and media activities, working with a diverse set of companies and collaborators.
My approach to work has grown from my background as a programmer and developer, and in combination with my natural tendency to look over the near horizon to envision adjacent and nascent technologies, I have come to think of myself as a speculative designer (more here, At Large In The Post-Normal: Beyond Futurism).
In 2012 I consolidated my research activities under Work Talk Research, an independent research cooperative that I head. 2012 projects include these:
Innovation Cultures (in collaboration with Teresa Di Cairano of Intervista),
Social Network Science (in collaboration with Claude Theoret of Nexalogy),
The Business of Social Business (a long format writing project),
Media Futures (in collaboration with Gerd Leonhard of The FuturesAgency),
various research reports with GigaOM Pro, and
Work Media Reports, occasional reviews on work media tools (a follow-on to the former workmedia.ly).
I serve as an advisor to a short list of innovative social tools and media companies, principally focused on product direction and strategy. These have included giants like AOL, Microsoft and IBM, and start-ups like Bitly, Yammer and Wander. I also consult to large enterprises grappling with the challenges of applying social tools to their operations.
I started my career (if that’s what this is) as a software researcher working in programming tools and software environments. I have served as adjunct computer science faculty, an inadvertent entrepreneur, an software analyst, a newsletter editor, a columnist, president of a blog media company, and mostly as a commentator and advisor. I have served in other roles and appointments, far too many to enumerate.
I have presented at numerous conferences and events worldwide, including Web 2.0, Enterprise 2.0, GigaOM Net:Work, Reboot, Next, Mesh, Shift, Lift, SIBOS, Defrag, and TEDxMidAtlantic.
I post most of my research work here, on this site. My broader technology writing is found at StoweBoyd.com, and I write about things not technical at Underpaid Genius.
In this ground breaking study entitled Social TV and the Second Screen, Stowe Boyd discusses the issue of translation and places Ortsbo squarely where it belongs - next to Apple & Google as 3 entities that are vying for solving the mystery of translation.
Actual Passage sourced from the report: (page 13/22)
The challenge of language translation may be coming to a rapid close, as various innovators are
demonstrating automatic translation capabilities at this years CES, like Ortsbo, and Google and Apple have both been working on real-time voice translation. I anticipate very significant advance in this area in the next few years, so that most national languages will be inter-translatable. So the Bulgarian market will not require a Bulgarian version of Mad Men, not will it have to be laboriously subtitled manually.
There is also a generation of independent TV producers making great TV in innovative formats, and distributing it over the top, directly, without becoming ground into sausage by the networks.
While the great majority of time spent watching TV is still going through the conventional networks, over the top innovations like Netflix demonstrate that there are profitable and powerful ways to end run the current business models. (An aside: Netflix might counter the tremendous amount of bad press and customer hatred it caused when the company announced it was breaking into two companies, in order to prepare a transition away from the popular DVD-by-mail half of the service by creating a really clever social TV application.)
This report and the qualifications behind the organization & researchers that authored it coupled with the recognition this report it has garnered from Pew Internet & American Life Project - a major international think-tank of the future of technology and social media systems - is beyond reproach, and possibly beyond understanding of resident detractors/shorts here on SH attempting to belie the facts surrounding Ortsbo's outstanding achievements and true potential in the field of real-time universal language translation and having you believe otherwise.
Enjoy the document here
I doubt that they would do a R/S...IMO
I think that very soon they will annouce their plans and follow through, which will make the SP jump to where it needs to be for the Listing in the US
@powerbattles
I still follow it, and am still fully invested in it.
I follow it on another board stockhouse com symbol INT
check out the DD that Lexingtonhills has done and check out his previous post..
Very informative
Analyst Research Report SnapshotTitle:
Thomson Reuters Stock Report - INTERTAINMENT MEDIA INC (INT-V)
Price:
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Date:
28 May 2012
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Ortsbo™ Builds Senior Management Team
Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
SOURCE Ortsbo
Leader in Real-Time Online Translation Technologies Gears Up for Pending Corporate Spin Out
TORONTO and LOS ANGELES, March 28, 2012 /PRNewswire/ -- Ortsbo.com("Ortsbo") the leader in real-time experiential communications and a subsidiary of Intertainment Media Inc. (TSXV:INT / OTCQX: ITMTF / FRA: I4T) ("Intertainment Media"), today announced a number of important additions to its executive ranks as it prepares for operations as an independent company. The new hires, coming from some ofNorth America's most prominent technology and entertainment companies, fulfill many critical management roles in the company's technical, customer support, communications and business development areas, among others.
Leading the team is Patrick Bultema, who moves from interim-President to Ortsbo's President, will report to David Lucatch, CEO of Ortsbo and Chief Executive Officer of Intertainment Media. Bultema brings over 30 years of experience leading emerging high-tech companies as an executive, investor, board member and corporate advisor. Prior to joining Ortsbo, Bultema was CEO of Internet software company CodeBaby as well as a venture partner with vSpring Capital, CEO of XAware, and CEO of FrontRange Solutions.
A noted author and speaker, Bultema is recognized as one of the leading experts in online customer experience and customer management. He has held positions as founder and Executive Chairman of Knowlix; Chairman and General Manager for the Help Desk Institute (then a Ziff-Davis company); and was founding Executive Editor of Customer Support Management magazine. Patrick holds a Bachelor's degree from California State University and a Master's from Princeton.
Also strengthening Ortsbo's management ranks are three new operational, non-executive officers, all reporting toPatrick Bultema:
Bill Auvil, joining as Vice President of Customer Operations. Auvil has extensive experience in technical support, customer services, client relations, marketing and sales. He comes to Ortsbo from FrontRange Solutions where he was Vice President of Global Support Services, overseeing the daily operations and development of that company's global technical product support, customer care and maintenance renewals. He has also held senior management positions at Sykes Enterprises Inc. and IBM, and has served on CRM industry boards at Customer Support Management magazine and the Help Desk Institute.
Mance Harmon, who becomes Vice President of Technology and Products. Harmon has a track record in innovative R&D and strategy formation, with experience in cloud operations, Web applications, mobile apps and platforms, machine learning and artificial intelligence. Harmon has been the founder/CEO of two successful technology companies, BlueWave Security and Trio Security, and has held senior technology leadership positions as Symbol Technologies (Motorola) and the Missile Defense Agency. Harmon also served as an instructor of computer science at the U.S. Air Force Academy and as a research scientist in machine learning at Wright-Patterson Air Force Base. Mance holds a Master's Degree from the University of Massachusetts (Amherst).
Jacqueline Saltzer-Lamb, Vice President of Corporate Communications. Saltzer-Lamb has worked at a number of leading information technology and financial services companies and has an extensive background in strategic, corporate and executive communications. She joins Ortsbo from her post as Director of Global Product and Technology Communications at eBay. Prior posts include senior corporate communications positions at Charles Schwab, Oracle, PeopleSoft, FrontRange and Novell. Jacqueline holds a Bachelor's Degree from theUniversity of California at Santa Barbara.
Ortsbo has also hired four new managers at the senior director and director levels:
Leemon Baird, Senior Director of Research and Advanced Technology. Most recently Baird was co-founder and CTO of BlueWave Security, and Senior Researcher at the Academy Center for Cyberspace Research at the U.S. Air Force Academy. Previously he was co-founder and CTO at Trio Security, and Director of Security Engineering at Symbol Technologies (Motorola) and a professor of computer science at the US Air Force Academy. Leemon holds a PhD in computer science from Carnegie Mellon University.
Chris Peterson, Director of Digital Properties. Peterson, an Emmy-nominated digital producer and product developer, joins Ortsbo from MTV Networks where he held a variety of online production positions on the Nickelodeon Digital, The N Digital and Noggin teams. Prior to MTV, Petersen did project management, design and Web development for Lazard Asset Management and Net Technologies. Chris holds a Bachelor's Degree from Savannah College of Art and Design.
Matthew Grotenstein, Director of Language Services. A translation industry veteran, Grotenstein brings over 10 years of experience including a prior position as U.S. Business Development Director for CLS Communication, one of the world's largest language translation providers. He serves as chairman of Red T, a translation industry non-profit organization. Matthew holds a Bachelor's Degree from Fordham University in New York City.
Alex McCallum, Director of Business Development. McCallum has deep background in business development and joins Ortsbo from Research In Motion (RIM) where he was Director, Consumer Alliances, helping companies build effective go-to-market and business strategies for their businesses. Prior to RIM, McCallum worked for TD Bank Financial Group. Alex holds a Bachelor's and Masters Degree from Wilfrid Laurier University.
"The global market for Ortsbo services is showing immense promise. It's critical that we put together the right people to sustain that momentum in the months and years ahead, and these executives will help us do just that," statedPatrick Bultema, Ortsbo President. "I'm looking forward to working closely alongside David Lucatch, our CEO, who will be an active part of our operations strategic leadership and development of the business."
"Ortsbo is in a very exciting and challenging phase as it invests in the resources it needs to hit the ground running as an independent entity," said David Lucatch, Ortsbo CEO. "We're thrilled that we have been successful at attracting such experienced and accomplished professionals to our management team. This is truly an all-star group of individuals-each has had notable success in the past and will be bringing that acumen and energy to the tasks ahead of them at Ortsbo."
As its corporate spin out continues, Ortsbo is expected to announce several additional executive hires later this Spring. It will be transitioning its corporate headquarters to Los Angeles, California in the next several months.
About Ortsbo.com
Now with over 100 million unique users in over 170 countries and territories, Ortsbo (www.ortsbo.com) enables real-time conversational translation for more than 50 languages. Ortsbo's flagship product for social media supports global communications with instant translation capability and real-time, multi-lingual social media chat. Ortsbo's technologies support major social platforms including MSN, Google, Facebook, Twitter and Yahoo!, as well as all major desktop and mobile operating systems, browsers and devices. Ortsbo, based in Toronto and with offices inLos Angeles and New York, is a subsidiary of Intertainment Media (www.intertainmentmedia.com).
On February 28, 2012, Intertainment Media announced that Intertainment and its Board of Directors have reviewed various options for the spin out of its subsidiary Ortsbo Inc., and have elected to proceed with a transaction structure that it believes will be the most favorable to the current security holders of Intertainment. For further information, please refer to Intertainment Media's announcement filed at www.sedar.com.
About Intertainment Media Inc.
Headquartered in both Los Angeles, CA and the Toronto, Canada area, with additional offices in New York and San Mateo, CA, Intertainment Media, Inc. (www.intertainmentmedia.com), ("Intertainment" or the "Company") (TSXV:INT / OTCQX: ITMTF / FRA: I4T), a Rich Media Applications leader, is focused on delivering leading edge technology and marketing solutions that enable clients to power enhanced branding, loyalty initiatives and consumer engagement. Intertainment Media is based in Toronto, Canada, and owns and operates a number of key properties including Ortsbo, Ad Taffy, itiBiti and Magnum.
©2012 PR Newswire. All Rights Reserved.
162 MILLION USERS
Intertainment Media Provides Update on Ortsbo Spin Out
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0792643001&sourceType=1http://www.ccnmatthews.com/logos/20070430-inter200.jpghttp://www.ccnmatthews.com/logos/20110404-ortsbo0404.jpg
TORONTO, CANADA -- (Marketwire) -- 05/23/12 -- Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) ("Intertainment" or the "Company") is pleased to provide an update on the spin out of Ortsbo Inc. ("Ortsbo") previously announced on February 28, 2012. The Company continues to receive feedback from Canadian regulators on its proposed financing and senior listing, and during this process, Intertainment has received interest from US investment banking firms for listing both Intertainment and Ortsbo on senior US exchanges. The Company has spent time with firms in New York, Chicago and Los Angeles discussing the opportunity and feels that the interest is significant enough to consider pursuing such opportunities further and report its findings to shareholders.
Ortsbo's initial focus has been to create social engagement and commercially leverage US entertainment and pop culture markets on a global basis and work with leaders in the industry to effectively create multi-language business opportunities. To date, Ortsbo has successfully run events with Disney, Dreamworks, Marvel, KISS, IndyCar, Clear Channel, Variety, Fox, Yahoo!, MSN and other major brand partners. Given the strong US interest for Ortsbo's and Intertainment's investment portfolio companies, management feels, in consultation with its lead financial advisor, M Partners, Inc., that the value proposition of a US listing may potentially provide greater value for all stakeholders.
Ortsbo now has over 162 Million unique monthly users, growing by over 55 Million users in the past 90 days and continues to move towards sustainable revenue with defined commercial opportunities in social media, broadcast communications, global customer care and ecommerce programs with major brand partners.
Ortsbo's business development team in the US, Canada and now Europe are working with major brands to identify their global opportunities to increase revenues and customer satisfaction experiences with the use of Ortsbo's proprietary services platform. Additionally, recent changes to the US Federal Communications Commission's regulations with respect to accessibility through closed captioning and online intellectual property have opened up a number of opportunities with major entertainment studios.
Ortsbo has now been engaged in pilot programs for proof of commercial concept with several global brands. Some of these programs are expected to be made public in the near future and will potentially provide the Company with sustainable revenue programs from which to grow its overall commercial business platform.
As the Company currently awaits final approval for circulation of its materials to hold a special meeting of shareholders and has publicly disseminated a proposed date of June 14, 2012 for such meeting, the Company will move ahead, at this time, with a presentation to shareholders, providing an interactive forum to present and discuss the Company's progress with interested parties and allow parties to engage with management.
The meeting on June 14, 2012 will be held at:
Hilton Toronto/Markham Conference Centre 8500 Warden Avenue Markham, ON L6G 1A5 Markham Ballroom Meeting time: 9:30am - 11:30am About Ortsbo Inc.
Now with over 162 million unique users in over 170 countries and territories, Ortsbo (www.ortsbo.com) enables real-time conversational translation for more than 50 languages. Ortsbo's flagship product for social media supports global communications with instant translation capability and real-time, multi-lingual social media chat. Ortsbo's technologies support major social platforms including MSN, Google, Facebook, Twitter and Yahoo!, as well as all major desktop and mobile operating systems, browsers and devices. Ortsbo, based in Toronto and with offices in Los Angeles and New York, is a subsidiary of Intertainment Media (www.intertainmentmedia.com).
On February 28, 2012, Intertainment announced that Intertainment and its Board of Directors have reviewed various options for the spin out of its subsidiary Ortsbo Inc., and have elected to proceed with a transaction structure that it believes will be the most favorable to the current security holders of Intertainment. For further information, please refer to Intertainment Media's announcement filed at www.sedar.com.
About Intertainment Media Inc.
Intertainment is one of Canada's leading technology incubators and is focused on developing, nurturing and investing in both North American and global technologies and companies that provide technology solutions for brands and consumers alike. Intertainment also owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo, Deal Frenzy and Magnum, with investments in leading edge technologies and social media platforms including theaudience.com. For more information on Intertainment and its properties, please visit www.intertainmentmedia.com.
Intertainment is headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA and is listed on the TSX Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX Market under the symbol "ITMTF". Intertainment is also traded in Europe on the unofficial market of the Frankfurt Exchange through the XETRA trading platform under the symbol "I4T".
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Intertainment Media Inc. does not assume any obligation to update any forward looking information contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Ortsbo/Intertainment Media Inc.:
David Lucatch
CEO
800-395-9943 or 905-763-3510
info@intertainmentmedia.com
www.intertainmentmedia.com
Source: Marketwire (May 23, 2012 - 9:03 AM EDT)
News by QuoteMedia
Here is agood read if you wantto find out anything about INT...it is in here...
http://doublewide1.blogspot.ca/2012/04/intertainment-media-looking-forward.html
Has anyone heard anything from Rox on what is happening here?
Prof, Qtal, anybody?
I have to agree with you, she should focus on ONE thing at a time, with all these promises out there to shareholders it would be nice to see something come to light, instead of signing more agreements that take away from her doing her "job"........as CEO she does have a responsibility to shareholders does she not, what I can see in the last year she has not done to much for us except promise this and that.....Well were is this and that and when will it come to light. With the latest news we could be all left with nothing....
Someone , something, {not sure who} wants to keep this stock down, but they will not be able to do so much longer.
I agree with you we should be worth alot more than we are today.
It will be 1 year next week since I've bought into EMXC...Heard alot of promises...and still waiting for SOMETHING to come to life. Its hard to stay Long & Strong when nothing ever comes to light as she says. Everything ALWAYS seems to be the fault of others and never EMXC.
My father always told me and I quote.....
That you are only as good as your word, without that you are nothing. If you cannot honor your word be a man step up and admit that you f'd up. People will respect you more for that than trying to pass the blame on to a third party.....and never trust someone who does not live up to their word...
My time is just about up with EMXC will hold on for another month 2 max. I'm finding it harder and harder everyday to "keep the faith" in EMXC.
EMXC and its board have to get their act together and stop trying to pull the wool over our heads...
This is of course all IMHO
Morning All,
Keep your eyes open for a NR today, IMO its going to be a good one. Intertainment has been halted since Friday Morning. To quote someone else"The longer the halt The bigger the Vault" Lets hope that this is the payday we all been waiting for.
ONly the NR will tell us {hopefully} what we want to hear.
GLTA
This iswhy the volume has picked up lately.....Great news Release...
News Releases << Previous | Next >>
Synchronica Signs Letter of Intent with Intertainment Media relating to Co-development agreement and Investment in Synchronica
Synchronica Signs Letter of Intent with Intertainment Media relating to Co-development agreement and Investment in Synchronica
ROYAL TUNBRIDGE WELLS, UK, Feb. 8, 2012 /CNW/ - Synchronica plc (AIM: SYNC) (TSXV: SYN), ("Synchronica" or "the Company") the international provider of next-generation mobile messaging services announces that it has signed a Letter of Intent with Intertainment Media Inc. ("Intertainment Media") (TSX Venture: INT / OTCQX: ITMFT / FRA: IT4), a Toronto-based technology incubator and developer of Rich Media Applications, including the global leading real time experiential language platform, Ortsbo.com.
Synchronica and Intertainment Media intend to integrate Synchronica's flagship messaging platform, Mobile Gateway, with Intertainment Media's Ortsbo experiential language technology. This will enable Mobile Gateway to provide its users with seamless and real-time translation between more than 50 languages potentially across Synchronica's growing client base of over 100 mobile operators and device manufacturers around the world
In addition, Synchronica will enter a joint venture agreement with Intertainment Media and its subsidiary Ortsbo Inc., in which the parties will license their respective Intellectual Properties to a new subsidiary. The subsidiary, which will be jointly-owned by both parties, will allow Synchronica and Intertainment Media to further develop each other's products, share R&D efforts, enlarge each other's business development activities and drive revenue and profitability for both companies from new projects.
It is envisaged that Synchronica will demonstrate the Ortsbo technology, fully integrated with Mobile Gateway, in time for Mobile World Congress 2012 in late February (www.mobileworldcongress.com). In late 2011, with a view to aligning its costs to its recurring revenue billings, Synchronica informed shareholders that it was implementing several cost reduction initiatives across the entire business. The Board of Directors also committed to manage its cash carefully, while also seeking further funding opportunities which would accelerate the business and drive shareholder value.
This joint venture agreement will represent the first step in this commitment, with Intertainment Media making a strategic investment into Synchronica. As part of the transaction, Intertainment Media will, subject to Synchronica shareholder approval, invest up to CDN $10 million in Synchronica, at a minimum price of GBP 0.16 per unit. Each unit will comprise one ordinary Synchronica share, plus one ordinary share warrant, exercisable at CDN
.40 per share, at any time within two years of issue.
The transaction is subject to the completion of satisfactory due diligence, the execution of legally-binding agreements, as well as necessary board and regulatory approvals.
Synchronica will shortly seek shareholder and necessary approvals for Intertainment Media's first investment of CDN $1 million. These additional funds will be used for additional working capital and to integrate the Ortsbo language technology with Synchronica Mobile Gateway. Subject to shareholder and necessary approvals, Intertainment Media will make a further investment in March 2012, of between a minimum of CDN $1 million and a maximum of CDN $5 million.
"Synchronica Mobile Gateway has strong sector revenue and is already used by more than 100 of the world's most successful mobile operators and device manufacturers," says David Lucatch, CEO of Intertainment Media and Ortsbo. "Several of Synchronica's customers have multinational properties, and by providing on-the-fly translation with Ortsbo, they add even greater value to their service offerings and sector leadership. Intertainment Media is all about investing, nurturing and developing leading edge technologies, digital and social media platforms. Synchronica ticks all of these boxes, and we're excited about the prospects of our cooperation and a strong future together."
"This is a new and exciting partnership for Synchronica," adds Synchronica's CEO, Angus Dent. "It will allow us to immediately enrich Mobile Gateway with real-time conversational translation services, which will really appeal to our new and existing customers. Ortsbo complements Synchronica Mobile Gateway, and together we're able to provide a unique possibility for our customers to position themselves as the hub for social interaction, regardless of geographical or language limitations. Intertainment Media owns and operates several key technologies, and we believe this co-development agreement and investment will create significant value for Synchronica shareholders."
About Synchronica
Synchronica plc is a leading developer of standards-based, next-generation mobile messaging solutions for mobile operators and device manufacturers. The Company's flagship product - Synchronica Mobile Gateway - provides pre-RCS push email, synchronisation, instant messaging (IM), and social networking services to any mobile phone currently in use. Synchronica's patented transcoding technology uses advanced streaming to download email attachments and dramatically reduce the consumption of wholesale network bandwidth by as much as 90 percent.
Synchronica's white-labelled products are licensed by more than 100 mobile operator and device manufacturer customers from emerging and developed markets, delivering mass market messaging services across the entire customer base, providing competitive advantage, diversifying revenues, and reducing churn.
Synchronica is headquartered in the United Kingdom and has a regional presence in Canada, as well as the USA, Hong Kong, Spain, and Dubai. Synchronica also operates dedicated development centres in Germany and the Philippines. A public company, Synchronica is traded on the AIM list of the London Stock Exchange (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN). For further information, please visit www.synchronica.com
About Intertainment Media Inc. - www.intertainmentmedia.com
Intertainment Media Inc. is one of Canada's leading technology incubators and is focused on developing, nurturing and investing in technologies and companies that provide technology solutions for brands and consumers alike.
Intertainment Media also owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo, Deal Frenzy and Magnum, with investments in leading edge technologies and social media platforms including theaudience.com. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSXV:INT) and in the US on the OTCQX Exchange under the symbol "ITMTF". Intertainment is also traded in Europe, on the Frankfurt Exchange on the XETRA trading platform under the symbol "I4T".
For further information, please contact David Lucatch, CEO at dlucatch@intertainmentmedia.com + 1 905-763-3510
About Ortsbo Inc. www.ortsbo.com
With over 40 Million monthly users in over 170 countries and territories, Ortsbo enables real-time conversational translation in over 50 languages and seamlessly integrates with today's most popular social media platforms. Ortsbo's flagship product for social media supports global communications with instant translation capability, real time multi-lingual social media chat connects to PC and Mac computers, mobile browsers as well as all major chat platforms including MSN, Google, Facebook, Twitter and Yahoo! and others.
Ortsbo allows users to communicate with family, friends and colleagues around the world, providing users with the ability to break down language and cultural barriers through its easy to use, language centric interface. Ortsbo also provides plug-in email translation capabilities for Microsoft Outlook.
Ortsbo's Live & Global platform offers a unique solution for broadcasting events to a global audience, with video and real time, multi-lingual chat. Ortsbo currently hold the Guinness World Record for the most nationalities in an online chat.
For further information, please contact David Lucatch, CEO at dlucatch@intertainmentmedia.com + 1 905-763-3510
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Synchronica. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Synchronica's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Synchronica with the TSX Venture Exchange and securities regulators. Synchronica does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
For Synchronica investor relations enquiries, please contact:
Walbrook PR Ltd
Investor Enquiries, UK
Paul Cornelius
+44 (0) 20 7933 8780
paul.cornelius@walbrookir.com
TMX Equicom
Investor Enquires, North America
Craig MacPhail
+1 416 815 0700 Ext 290
cmacphail@equicomgroup.com
For Synchronica corporate information, please contact:
Synchronica plc
Chief Executive Officer
Angus Dent
+44 (0) 1892 552 720
Northland Capital Partners
Nominated Advisor
Shane Gallwey;
Rod Venables
Corporate Broker
Katie Shelton
+44 (0) 207 796 8800
Walbrook PR Ltd
Media and Analyst Enquiries, UK
Paul McManus
+44 (0) 20 7933 8780
paul.mcmanus@walbrookpr.com
TMX Equicom
Media and Analyst Enquiries, North America
Craig MacPhail
+1 416 815 0700 Ext 290
cmacphail@equicomgroup.com
Canada Newswire
February 8, 2012 - 2:00 AM EST
Not sure what happened here on Friday but a sale went through for 7.3 million shares and at the same time a buy for 7.3 million. Can anyone explain
Have a feeling that we will be a Rockin & a Rolling around the X-mas Tree today..Just a feeling, hope I'm right. I think that Roxanna will give us all an early X-mas gift this year.
If not I would still like to wish everyone here a wonderful X-mas and an even better New Year.
GLTA
AMERICAN BULLS - CONFIRMED BUY
INT
INTERTAINMENT MEDIA INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 12.02.2011 (7) days ago, when the stock price was 0.5200. Since then INT has fallen -8.65% .
BUY
CONFIRMED
0.4750
+0.0300 +6.74%
Morning All,
I do not post much on hear but I do read everything posted. I've been holding this puppy for quite some time now and will continue to hold, but I REALLY have to start questioning the ELUSIVE DIVIDENDs. Does anyone know if we have any legal rights to take action in order ro receive them? In my IMO this is just taking a bit too long to deliver.
Starting to question
Cool_Law
I've been in INT - {ITMTF} since Feb 2011
ITMTF- is not taking crAP ANYMORE...READ THIS NR
Intertainment Begins Process to Identify and Take Legal Action Against Anonymous Defamatory Posters
2011-11-25 17:03 ET - News Release
TORONTO, CANADA -- (MARKET WIRE) -- 11/25/11
Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that the Company has engaged counsel to begin the process of identifying and taking legal action against individuals or groups who have posted defamatory remarks respecting the Company and its employees on internet bulletin board sites.
The Company routinely engages in communications that are forthright and open to discussion by all parties. It regularly provides market updates and non-confidential information to educate and inform the public at large about its activities and endeavors.
Intertainment has previously identified improper posts to the operators of the public bulletin boards on which these abusive posts were made. Removal of abusive posts and short term suspensions of as yet anonymous posters followed. The Company is now "stepping up" the process to identify the persons making improper postings and will consider legal options.
Intertainment has engaged its corporate litigation counsel in Toronto and Vancouver regarding this matter with an expectation of immediately commencing action.
About Intertainment Media Inc. www.intertainmentmedia.com
Connecting people with brands, Intertainment Media Inc. is a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement.
Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers. Intertainment owns a number of key properties including Ortsbo, Ad Taffy, itiBiti and Magnum Fine Commercial Printing Limited.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com.
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX Exchange under the symbol "ITMTF". Intertainment is also traded in Europe, on the XETRA Exchange under the symbol "I4T".
I know right!
This baby should be trading in the $8 to $10 range as we speak...Someone wants to hold this back for some reason, but I have all the time in the world with this one. IMO this will run before the year is up. the AGM is next week and we should see a move {I hope} up to $2 + if not more.
News Today
Intertainment Media Inc.
TSX VENTURE : INT
OTCQX : ITMTF
FRANKFURT : I4T
November 23, 2011 09:15 ET
Intertainment's Ortsbo Mobile Platforms Ranked # 3 in the US iTunes Store
NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, CANADA--(Marketwire - Nov. 23, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, experiential communications platform, Ortsbo.com (www.ortsbo.com) and its recently launched mobile platform, Ortsbo 2 Go, (O2Go),for the iPhone platform reached the position of the 3rd in the free Social Networking category just behind Facebook in the US Apple iTunes store.
Also, on Saturday, November 18th, the O2Go platform achieved an overall rank of 14th in the Apple iTunes store in the free iPhone apps category in the US. The O2Go platform for iPhone enables users to connect and chat with friends, family and colleagues in over 50 languages seamlessly using today's most popular social media platforms. With the O2Go platform for iPhone, users can translate text in over 50 languages, chat in real time with no copying or pasting required, access translation history and log into multiple chat services simultaneously.
"The quick acceptance and growth of our newly launched iOS mobile apps is a true testament of the need that Ortsbo has been filling, and continues to fill, in the attempt to break down global language barriers." Said David Lucatch, CEO Intertainment Media. "To have our apps break into the iTunes top 30 so quickly, let alone achieve the number 3 position, is truly remarkable and underscores the need for our technology especially as the global marketplace continues to become more and more mobile."
On October 14, 2011, Ortsbo's parent, Intertainment Media Inc. published its Corporate Update for the fiscal year ended June 30, 2011 and commented that in the past year, management and the board have rejected 2 independent offers for Ortsbo to effectively divest primary ownership of Ortsbo. The US investment market for social media acquisitions and public offerings continues to grow. The investment markets have seen highly successful IPO debuts of several social media companies and the much anticipated potential IPOs for Zynga and Facebook are continual newsworthy items.
Given the performance of Ortsbo, management and the board feel that the current overall corporate and shareholder value does not reflect the enterprise value of the sum of the divisions, especially Ortsbo. The Company is currently reviewing strategy and opportunities where Intertainment will potentially unlock maximum valuation for Ortsbo while retaining significant ownership and future benefits from the continual growth and performance in the program while potentially creating a special dividend for shareholders, rewarding them for the continual support of the Company. The Company will report on these efforts in due course.
To become a Facebook Fan of Ortsbo, sign up at www.facebook.com/ortsbo.
Follow Ortsbo on Twitter.
For the Company's corporate blog, please visit www.intertainmentmedia.com/blog.
About Ortsbo Inc. www.ortsbo.com
Ortsbo (www.ortsbo.com) enables real-time conversational translation in over 50 languages and seamlessly integrates with today's most popular social media platforms.
Ortsbo Inc. is a subsidiary of Intertainment Media Inc., a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients with power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Ortsbo's flagship product for social media (www.ortsbo.com) supports global communications with instant translation capability, real time multi-lingual social media chat connects to PC and Mac computers, mobile browsers, as well as all major search engine chat platforms including Microsoft, Google and Yahoo!, along with Facebook, iChat, AIM, ICQ, Gadu-Gadu, Ovi, Lotus Sametime, LiveJournal and Tencent QQ and QQ International, China's largest chat platforms and Twitter.
Ortsbo allows users to communicate with family friends and colleagues around the world, providing users with the ability to break down language and cultural barriers through its easy to use, language centric interface. User demographics have continued to favor the BRIC countries with China remaining the number one usage country for Ortsbo.
International rock legend, accomplished global entrepreneur and one of the world's most recognized personalities, Gene Simmons has endorsed Ortsbo.com, having signed on as a business partner and to serve as Ortsbo's official spokesperson.
The personification of today's globally connected, multi-cultural citizen, Simmons is fluent in five languages, including English, Hebrew, Hungarian, and German, as well as some Japanese and he's working to add Mandarin to his repertoire. Simmons will lend his legendary personality to help spread the word about Ortsbo's unique, translator experience platform that integrates seamlessly with the most popular social media platforms to enable users from around the world to instantly send and receive messages in their native language.
Two-time NBA MVP Steve Nash to become an official spokesperson for Ortsbo. Leading Ortsbo's global sports fan program, Nash will present and participate in a number of online fan chats with international athletes from a number of sports disciplines.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX under the symbol "ITMTF". Intertainment is also traded in Europe, on XETRA under the symbol "I4T".
This will set the standard for ALL companies during their AGM...IMO
Intertainment Media Inc.
TSX VENTURE : INT
OTCQX : ITMTF
FRANKFURT : I4T
November 22, 2011 09:45 ET
Intertainment Media Shareholder Meeting Update
Ortsbo Live & Global Will Power Online Multilingual Presentation
TORONTO, CANADA--(Marketwire - Nov. 22, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to announce that it will be expanding the scope and distribution of its Annual General and Special Meeting of Shareholders ("AGM") and will be providing online access to the event in 53 languages with simultaneous live streaming through Ortsbo's Live & Global Platform.
Beyond simple live streaming, Ortsbo's Live & Global platform offers organizations with global audiences the ability to interact with users visually and with integrated chat features, regardless of their location and their language.
Shareholders and interested parties who wish to view the AGM event online, can register at www.liveandglobal.com/agm beginning Thursday, November 24, 2011.
Please note that the question period and multi-lingual chat will take place after the formal shareholder and board requirements. Depending on the volume of questions, the Company may not be able to answer all queries. Questions from those in attendance at the meeting location will also be included in the chat, allowing participants around the world to view those questions and answers in their preferred language.
The Company will also be providing a showcase of its divisions at the AGM, allowing shareholders in attendance to interact directly with the divisional staff and technologies. This will begin at 9 am Eastern and continue after the AGM until approximately 11:30 am.
The AGM is scheduled for Tuesday, November 29, 2011 at 9:45 am Eastern to be held at the Sheraton Parkway North at 600 Highway 7 East, Richmond Hill, ON, Canada L4B 1B2 in the Vaughan West Room.
About Intertainment Media Inc. www.intertainmentmedia.com
Connecting people with brands, Intertainment Media Inc. is a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement.
Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers. Intertainment owns a number of key properties including Ortsbo, Ad Taffy, itiBiti and Magnum Fine Commercial Printing Limited.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX Exchange under the symbol "ITMTF". Intertainment is also traded in Europe, on the XETRA Exchange under the symbol "I4T".
FROM FACEBOOK....
Ortsbo
Ortsbo O2Go is now ranked #9 in the US iTunes store for social networking apps! Let's keep the momentum going and achieve the #1 spot! Way to go Ortsbo!
Pat Martin Eric just posted on INT pg...it's now #2 in US iTunes for social networking apps....lots of downloads today
NEWS OUT
Under the terms of the agreement, the parties have agreed that Ortsbo has the right to acquire up to 22%[color=red][/color] of the total equity of CGCI in the first year for a potential investment of USD $2.65 million.
CGCI Hong Kong's wholly owned Beijing based subsidiary, have a partnership agreement with China Education Television ("CETV"), for its China Education Channel 3 Primetime ("CETV 3") and its Early Learning Channel ("CELC") to build the program content and channel assets of China Television's Early Learning Channel and to distribute imported and original content on CETV Channel 3 Primetime.
The CETV 3 Primetime and Early Learning Channel venture gives CGCI control over the programming, advertising and sponsorship development for 7 hours per week on CETV Channel 3 in primetime, and 42 hours per week on the Early Learning Channel, for a combined 49 hours per week of air time which currently reaches over 250 million people in more than 200 cities across China.
CETV 3 Primetime and the Early Learning Channel will give CGCI the opportunity to generate an estimated USD $15 million in 2012 and USD $150 million dollars in gross earnings [color=red][/color]over the first three years through advertising, sponsorship and e-commerce revenues tied to the youth and young family market in China.
http://www.marketwire.com/press-release/intertainments-ortsbo-invests-china-green-channel-international-provide-translation-tsx-venture-int-1589428.htm
I'm here for the LONG HAUL not looking to make a quick buck, Looking for the BIG PAYDAY
GLTA
We are now on FaceBook....WOW
Ortsbo
http://content.usatoday.com/communities/technologylive/post/2011/11/ortsbo-2go-language-app-from-gene-simmons/1
Exciting news! USA Today has given our O2Go app a 3.5/4 star rating - check out the article below!
Ortsbo 2Go: Language app from Gene Simmons
content.usatoday.com
Ortsbo 2Go for iPad, iPhone and iPod Touch lets you communicate in more than 50 languages via Facebook Chat
Intertainment Media Inc.
TSX VENTURE : INT
OTCQX : ITMTF
FRANKFURT : I4T
November 10, 2011 08:45 ET
Intertainment's Ortsbo Eclipses 40 Million Unique Monthly Users With 25% Increase For October 2011
NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, ONTARIO--(Marketwire - Nov. 10, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, experiential communications platform, Ortsbo.com (www.ortsbo.com) continued its accelerated growth in October, achieving up to 25% growth over the same period in September 2011. Now with over 40 Million Unique Monthly Users, 287 Million Minutes of Monthly User Engagement, 137 Million Monthly Page Views and over 56 Million Monthly Online Sessions from over 170 countries and territories during the month of October 2011.
With the launch of Ortsbo's iPhone app, O2O for the iPad, available at iTunes, its Windows Phone 7 app, available in the Windows Marketplace and its Android app available in the Android Market, users are now spending time both on Ortsbo via mobile smartphones, tablets and desktop based computers. Mobile metrics are not yet included in the reported Ortsbo results.
Recently, Ortsbo also launched its multi-lingual email solution for Microsoft Outlook ("O4O"). Available for trial and purchase now at www.ortsbo.com
Record Results for October 2011
Ortsbo's social media offering continues to accelerate achieving record results for October 2011 including substantive growth month over month. Ortsbo has found that as new users become more adept with the site, the number of page views diminishes per user, as they do not require any of the support pages to use the site.
Oct. 1 to 15 Oct. 16 - 30 Oct. Totals Monthly
Increase
Online Sessions 26,568,449 29,695,887 56,264,336 +13%
Page Views 63,113,119 74,214,707 137,327,826 +20%
Unique Users For Period 20,214,417 22,363,500 40,427,837* +25%
Minutes of User Engagement 130,751,343 156,313,174 287,064,517 +12%
* Duplicates unique users for first and second half of the month are removed.
On October 14, 2011, Ortsbo's parent, Intertainment Media Inc. published its Corporate Update for the fiscal year ended June 30, 2011 and commented that in the past year, management and the board have rejected 2 independent offers for Ortsbo to effectively divest primary ownership of Ortsbo. The US investment market for social media acquisitions and public offerings continues to grow. The investment markets have seen highly successful IPO debuts of several social media companies and the much anticipated potential IPOs for Zynga and Facebook are continual newsworthy items.
Given the performance of Ortsbo, management and the board feel that the current overall corporate and shareholder value does not reflect the enterprise value of the sum of the divisions, especially Ortsbo. The Company is currently reviewing strategy and opportunities where Intertainment will potentially unlock maximum valuation for Ortsbo while retaining significant ownership and future benefits from the continual growth and performance in the program while potentially creating a special dividend for shareholders, rewarding them for the continual support of the Company. The Company will report on these efforts in due course.
To become a Facebook Fan of Ortsbo, sign up at www.facebook.com/ortsbo
Follow Ortsbo on Twitter
For the Company's corporate blog, please visit www.intertainmentmedia.com/blog
About Ortsbo Inc. www.ortsbo.com
Ortsbo (www.ortsbo.com) enables real-time conversational translation in over 50 languages and seamlessly integrates with today's most popular social media platforms.
Ortsbo Inc. is a subsidiary of Intertainment Media Inc., a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients with power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Ortsbo's flagship product for social media (www.ortsbo.com) supports global communications with instant translation capability, real time multi-lingual social media chat connects to PC and Mac computers, mobile browsers, as well as all major search engine chat platforms including Microsoft, Google and Yahoo!, along with Facebook, iChat, AIM, ICQ, Gadu-Gadu, Ovi, Lotus Sametime, LiveJournal and Tencent QQ and QQ International, China's largest chat platforms and Twitter.
Ortsbo allows users to communicate with family friends and colleagues around the world, providing users with the ability to break down language and cultural barriers through its easy to use, language centric interface. User demographics have continued to favor the BRIC countries with China remaining the number one usage country for Ortsbo.
International rock legend, accomplished global entrepreneur and one of the world's most recognized personalities, Gene Simmons has endorsed Ortsbo.com, having signed on as a business partner and to serve as Ortsbo's official spokesperson.
The personification of today's globally connected, multi-cultural citizen, Simmons is fluent in five languages, including English, Hebrew, Hungarian, and German, as well as some Japanese and he's working to add Mandarin to his repertoire. Simmons will lend his legendary personality to help spread the word about Ortsbo's unique, translator experience platform that integrates seamlessly with the most popular social media platforms to enable users from around the world to instantly send and receive messages in their native language.
Two-time NBA MVP Steve Nash to become an official spokesperson for Ortsbo. Leading Ortsbo's global sports fan program, Nash will present and participate in a number of online fan chats with international athletes from a number of sports disciplines.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX under the symbol "ITMTF". Intertainment is also traded in Europe, on XETRA under the symbol "I4T".
Here's a reply I got from Rox concerning the Dividends...
Look for upcoming press to answer your questions, which is also alot of shareholders questions
We will be releasing info very soon
As always thanks for being a shareholder
Every investment into EMAX is important
Sincerely
Roxanna
This is just the start of things to come....
Intertainment's Ortsbo Releases Commercial Version Of Ortsbo For Microsoft Outlook(TM) "O4O"-Create and Translate Email in 53 Languages
NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, ONTARIO--(Marketwire - Oct. 25, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, experiential communications platform, Ortsbo.com (www.ortsbo.com) announced today that it has released a commercial version of its multi-language application for the world's most popular email platform, Microsoft Outlook™. Ortsbo for Outlook™, or "O4O" provides users with the ability to create, send and receive emails in over 50 languages seamlessly.
Over 2 Billion Internet users globally send over 154 Billion emails daily according to worldometers.info, a resource for real time world statistics. Daily email traffic is approximately 100 times greater than all the daily searches on Google, almost 1,000 times larger than daily Tweets via Twitter and almost 100,000 times greater than all the global blog posts written daily.
With O4O users can select a specific language for each contact and instantly create and send individual or group emails in almost any language to their contacts and receive emails from those contacts in multiple languages making it easy to converse with almost anyone or any group around the globe.
Available as a preliminary 30 day trial, or on an extended paid monthly basis, or a full version for only $29.95 with discounts for larger groups and enterprise solutions, O4O is a cost effective solution for people with family, friends and colleagues who speak other languages.
"We were extremely pleased by the feedback we received from the beta trials of O4O earlier this Summer and we have incorporated many of the suggested upgrades in this commercial version," said David Lucatch, President of Ortsbo / CEO Intertainment Media "O4O delivers a valuable proposition to those who have friends, family and colleagues around the world, enabling email communication to have the same inherent language features as Ortsbo's real time social media platform."
In addition to the recent launch of Ortsbo's iPhone app, O2O for the iPad, available at iTunes, and its Windows Phone 7 app, available in the Windows Marketplace, and the release of its Android mobile app, Ortsbo is continuing to develop and deliver innovative solutions that break down the global language barrier.
Outlook is a registered trademark of Microsoft Corporation
Upcoming Events:
October 30, 2011 – Stocks 2011 Vancouver, BC - David Lucatch, CEO of Intertainment Media Inc. will be a guest speaker at Stocks 2011 (www.stocks2011.ca). Stocks 2011 is an investment conference featuring expert insight into the stock market - from specific sectors and stocks to macroeconomic trends that affect the market. Small cap and emerging growth stock situations will be highlighted, with resource, clean & green tech, technology and industrial issuers offering upside potential to private and professional investors.
To become a Facebook Fan of Ortsbo, sign up at www.facebook.com/ortsbo
Follow Ortsbo on Twitter
For the Company's corporate blog, please visit www.intertainmentmedia.com/blog
About Ortsbo Inc. www.ortsbo.com
Ortsbo (www.ortsbo.com) enables real-time conversational translation in over 50 languages and seamlessly integrates with today's most popular social media platforms.
Ortsbo Inc. is a subsidiary of Intertainment Media Inc., a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients with power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Ortsbo's flagship product for social media (www.ortsbo.com) supports global communications with instant translation capability, real time multi-lingual social media chat connects to PC and Mac computers, mobile browsers, as well as all major search engine chat platforms including Microsoft, Google and Yahoo!, along with Facebook, iChat, AIM, ICQ, Gadu-Gadu, Ovi, Lotus Sametime, LiveJournal and Tencent QQ and QQ International, China's largest chat platforms and Twitter.
Ortsbo allows users to communicate with family friends and colleagues around the world, providing users with the ability to break down language and cultural barriers through its easy to use, language centric interface. User demographics have continued to favor the BRIC countries with China remaining the number one usage country for Ortsbo.
International rock legend, accomplished global entrepreneur and one of the world's most recognized personalities, Gene Simmons has endorsed Ortsbo.com, having signed on as a business partner and to serve as Ortsbo's official spokesperson.
The personification of today's globally connected, multi-cultural citizen, Simmons is fluent in five languages, including English, Hebrew, Hungarian, and German, as well as some Japanese and he's working to add Mandarin to his repertoire. Simmons will lend his legendary personality to help spread the word about Ortsbo's unique, translator experience platform that integrates seamlessly with the most popular social media platforms to enable users from around the world to instantly send and receive messages in their native language.
Two-time NBA MVP Steve Nash to become an official spokesperson for Ortsbo. Leading Ortsbo's global sports fan program, Nash will present and participate in a number of online fan chats with international athletes from a number of sports disciplines.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX under the symbol "ITMTF". Intertainment is also traded in Europe, on XETRA under the symbol "I4T".
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Intertainment Media Inc. does not assume any obligation to update any forward looking information contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
I have to agree with you there.
My feeling is that we shoot back up to $2+
Just my feeling....
45 min and no trades, Longs are holding ....Shows there is not too much left ...time to move on up..$$$$$
KNCTR NEWS
September 29, 2011 09:00 ET
Intertainment's KNCTR® Delivers Over 24 Million Monthly Video Views
KNCTR® Has More Than 2.8 Million Unique North American Installations
NEW YORK, NEW YORK AND SAN MATEO, CALIFORNIA AND LOS ANGELES, CALIFORNIA AND TORONTO, ONTARIO--(Marketwire - Sept. 29, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announced today that its desktop app KNCTR® (pronounced "Connector")– www.knctr.com, a key program of Intertainment's wholly owned division Itibiti Systems Inc. (www.itibiti.com), now exceeds 2.8 million unique users in the North American marketplace.
The KNCTR® platform also saw users engage in over 24 million video views in the previous month, establishing a new high mark for the platform and further solidifying the level of consumer attraction being delivered with the KNCTR® platform while also providing a greater lift in advertising revenue and accelerating further monetization opportunities.
"The value proposition that the KNCTR® platform continues to deliver is only further enhanced by the number of videos being consumed on the application." said Brad Parry, CMO Intertainment Media Inc., "The opportunity to capitalize on this engagement through our revenue platforms continues to grow and provide positive business results and sets the application apart as a vital tool in any brand's communication mix."
KNCTR® continues to deliver extremely solid daily user engagement minutes that have remained over the 13 minute mark since the launch of the platform. The active user engagement continues to make the KNCTR® platform a key tool for brands and consumers alike with the app featuring video content, integration of social media and the ability to make FREE long distance phone calls to cell phones and land lines to anywhere in North America.
The KNCTR® platform has quickly established itself as a key awareness vehicle for brands and advertisers. KNCTR® is the next generation of social communication and entertainment applications that allows users to aggregate their social media(s) and voice services into one location on their desktop. Unlike Skype, the telephone feature on KNCTR® is completely free to the consumer allowing FREE local and long distance calls to mobile phones and land lines. KNCTR® is a premium advertising model that allows for branded sponsorship, pre-roll and display advertising opportunities for brands and service providers alike.
With the projected impact that tablets will have on the personal computing space and with over 50 million units to be sold within the next two years in North America alone, KNCTR® is positioned to enhance the functionality and usability of these devices by allowing them to become a fully functioning phone unit.
Notably, the itiBiti desktop app has been hailed by Microsoft Corp. as "the next generation of integrated social media applications - easy, scalable and fun."
Full details of news coverage can be found at the Intertainment web site – www.intertainmentmedia.com.
To become a Facebook Fan of itiBiti, sign up at http://www.facebook.com/itibitisystems.
To become a Facebook Fan of KNCTR®, sign up at www.facebook.com/knctr.
Follow itiBiti Systems and KNCTR® on Twitter.
About KNCTR: www.knctr.com : The KNCTR® app enhances the user experience by delivering a variety of new, fresh and daily content including Celebrity News and Information, Movie Trailers, Automotive Reviews as well as Technology Reviews. KNCTR® app is FREE to download & use, opening full-screen on the desktop as soon as the computer is turned on. With just one tool, consumers now have immediate access to fresh content, premium services, and no-cost communications features. Users can talk for free with friends and family across North America, stay connected with built-in social media favourites, sample a wide selection of news & information feeds, access on-board MSN Live Services with Bing Search, enjoy VIP access to the latest client promotions, updates and more.
About itiBiti: www.itibiti.com: itiBiti provides global brands with the unprecedented ability to power their marketing efforts within a unique, private-label social media platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the power of Microsoft Live services. Please visit www.itibiti.com to learn more.
About Intertainment Media: www.intertainmentmedia.com Itibiti Inc. and Ad Taffy are divisions of Intertainment Media Inc., a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US on the OTCQX under the symbol "ITMTF". Intertainment is also traded in Europe, on the Frankfurt Exchange under the symbol "I4T".
They have up to 120 days after there year end to post the results
I'm sure its Roxi buying back as she promised.
I bet he thought he saw 003