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SO Exciting - the Ortsbo spin-off. Bright skys ahead!!! Thanks David and Mark and the INT team!!! Who's going to the AGM in the morning???
Looks like things are really coming together now. I've been invested in ITMTF for about a year now. Exciting times just may be around the corner!!
Yep. I'm down over 45K if I count Gerova as well as fndm, and I believe that at least one person on this board is down more than double that. How stupid could I have been to ever venture on the unregulated pinks. Sheer gullibility, if not insanity . Never again.
NancyDrew711, Thank you so much.
That is a great idea Ondariis.Good work!
I agree. Do we have any attys on this board, or anyone who has access to anyone familiar with what the first step should be in bringing these crooks to court? I think that there are law firms that do this as a specialty. They probably do it on a speculative basis and consequently take a big cut of the settlement once there is one, but the wronged investor does not have to pay legal fees if I am not mistaken. Nancy Drew may have mentioned the types of arrangements available and I missed it. Any guidance - Nancy, anyone? Will be most appreciated.
Thanks Ondariis. I'll file a new one
Thanks for the link Ondariis and Jimboat
Did anybody else get a message that said the logon had timed out after you hit the submit button on the SEC link's online form? I guess I'll fill another out Friday, I don't know if the one filled out Thursday night registered or not.
I agree, if it is going to end, let it end now. Don't drag this out forever Michael Hlavsa, or whoever is the power behind your throne.
I am ready for this to be resolved, whatever that may mean.
You wrote, Ondariis, that "its been fun..." ...that is what my father said to my mother, right before he died.
I will miss this board.
Ondariis, I don't think
distrust of management is even a question anymore. My post said nothing about trusting management, only that it is not over yet and things could turn around for us. Admittedly, for some weeks now it has appeared that a turn-around on our behalf would have to be in the form of a class action suit on the part of shareholders against fndm. Even in a class action suit, however, who knows how much of our original investment we would be able to get back. We may be sitting here for awhile, but I am not going to put myself in a mind-set that all is lost.
Let's remember it has not ended yet, though. Nothing is impossible. Things could turn around. Stranger things have happened.
I still can't believe
that I was so daring as to invest this much in a pink stock. This is the most reckless thing I've done since I rode side saddle through the streets of Atlanta one night in an evening gown behind someone on a motocycle when I was in my mid 20s.
To have known then, what we know now. I was so convinced that with Advisor Shares, fndm could only go up in share price and that the connected dots between fndm and Gerova seemed to validate the rumored merger. Gerova looked clean then, none of this about the Galanis connections had come out. I sincerely hope that somehow and in some way, we are able to recover our investment. For my over-exuberance in regard to this stock, I am very sorry, I did with all my heart think it could only go up.
Correction to my post #305. Mark Hale is CEO of SaaS and had posted a suggestion on Facebook that people read his Globe and Mail comment which he had posted on their website as SaaS CEO. Mark Hale is not with Intertainment Media as was mistakenly stated.
Second News release!
Intertainment's Ortsbo Real Time Translator Accelerates With 14.55 Million Unique Monthly Users & Over 200 Million Minutes of Total User Engagement
Intertainment Media Inc INT 5/2/2011 10:22:23 AMNEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, CANADA, May 2, 2011 (Marketwire via COMTEX News Network) --
Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCBB:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, language translation platform, Ortsbo.com (www.ortsbo.com), continues to accelerate, reaching 14.55 Million Unique Monthly Users, month over month for the period ended May 2, 2011. Since launch in late July 2010, Ortsbo has recorded over 201 Million minutes of User Engagement, over 144 Million Page Views, approximately 44 Million Unique Users and in excess of 64 Million Online Sessions. All of the Ortsbo performance metrics are validated independently through 3rd party verification including Google Analytics.
In the past week, Ortsbo has generated over 18 Million minutes of User Engagement - a new record for weekly minutes of User Engagement, 14.9 Million Page Views, 6.2 Million Online Sessions and 4.5 Million Unique Users.
The methodology used by Intertainment and Ortsbo to collect, record and report results is verified and validated through Google Analytics; the world's leading analytic platform for Internet websites. Over 12 Million websites use Google Analytics to determine, verify and validate the nature and amount of traffic on their sites, including leading websites like Twitter, LinkedIn, Answers, Pandora, IMDB, Match, Huffington Post and others.
According to Google Analytics reports, over 80% of users visit Ortsbo web sites directly and are not using search engines or third party referrals. With over 115,000 Facebook Fans and over 13,000 Twitter followers, the Company continues to experience viral growth opportunities.
The following graph indicates key performance metric growth since September 2010: http://media3.marketwire.com/docs/int502fig.pdf
Gene Simmons Live & Global - May 20, 2011 - Online at Ortsbo.com
On April 20, 2011 Ortsbo announced that together with international rock legend, accomplished global entrepreneur, Ortsbo business partner and spokesman, Gene Simmons and sponsor Live Nation will present Gene Simmons Live & Global, an interactive global event allowing people all over the world to chat with Mr. Simmons in 53 languages. The event will be broadcast around the world from the Rodeo Ballroom of the Beverly Hills Hotel on Friday, May 20, 2011 beginning 7:30 am Pacific. Users can register at Ortsbo.com
Mobile Applications
Ortsbo is developing social media translation apps mobile applications for popular smartphones (Android, Apple, BlackBerry, Windows Phone) and portable computing devices. These applications will begin to release during the current business quarter and throughout the Summer of 2011.
Ortsbo Revenue Opportunities:
Unlike other social media platforms that may experience limited revenue opportunities, Ortsbo has been developed with the ability, in time, to generate revenues from a number of key sources, including, but not limited to:
Social Media - as with many other social media platforms like Facebook, MySpace and Twitter, Ortsbo has initiated advertising and sponsorship programs, allowing advertisers to reach users, through customized offers, on demand and targeted advertising. To maximize long term value, Ortsbo has made advertising available to companies around the globe and has been sharing its independently verified analytics with existing and potential advertisers.
Email - Ortsbo has developed an email translation platform that simply "plugs-in" to existing email applications. The first of these coming to market shortly is Ortsbo for Microsoft Outlook, or "O4O". The product allows instant translation of email with original language attachments. Ortsbo has launched a pilot web site and expects to make it publicly available shortly. The email plug-in module will retail for $29.95 US. Ortsbo also offers a secure, multi-user, multilingual chat module for the commercial market.
Licensing & RSS Feeds - Ortsbo is currently negotiating with a number of firms for the implementation of its licensed translation and RSS feed programs. These programs allow gaming, entertainment, dating and other online entities to provide their users with instant translation of text based conversation, creating a "one language environment". Ortsbo's RSS Feed platform allows users to receive feeds in almost any language. Revenue for these programs are based on paid licensing fees, which may include upfront implementation fees and time, usage based payments.
Private Chat Networks - Ortsbo has developed the ability for organizations to implement their own, private, encrypted and secure chat platforms that can be tailor to a single language or multi-language capabilities. These programs are currently available and the Company is working on partnership sales channel models. This product is available on a bulk, time based payment model or through a seat, or users based payment model.
Sponsored Events - with events like Gene Simmons Live & Global, Ortsbo has developed a unique multi-language, multi-user chat platform that is attracting sponsors that wish to reach users globally. Fees for sponsorship, depending on the event and business terms, include media rights, product placement fees and revenue sharing.
Language Learning - recently, Ortsbo announced a deal with Toronto based, Lingo Media to develop and implement an online language learning center. Users can pay, on demand, by module or course for highly engaging language learning tools. Ortsbo will receive 50% of the revenue from the program.
Apps - Ortsbo is developing for mobile and portable computing a series of native applications for many of the most popular smartphones and tablets along with new and entertaining language based apps. These applications will begin to release during the current business quarter and throughout the Summer of 2011. Revenues will be generated through user downloads and sponsor programs.
Mobile Messaging - Ortsbo is currently developing key mobile technology to allow multi-language messaging across mobile devices. Revenues will come from micropayment and carrier based applications. Further details will follow as they become available.
Ortsbo supports global communications with instant translation capability, real time multi-lingual social media chat and instant Twitter translation allowing 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 1 usage country for Ortsbo followed by Brazil, the US, South Korea, Canada, Taiwan, Germany, Argentina, Russia and India. Ortsbo's Top 10 user countries have a combined population of over 3.4 Billion people.
Ortsbo's real time multi-session, multi-platform and multi-lingual application 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 instantly provides real time translation capabilities to well over 1 billion active chat accounts in over 170 Countries / Territories.
Given the significant increase in overall usage, Ortsbo has addressed any near term and future concerns for server, bandwidth and computer system management. Working with Microsoft, Ortsbo has agreed to move its computer operations to Microsoft cloud solutions, Windows Azure. This solution will provide Ortsbo with access to effectively infinite server capacity and bandwidth and reduce capital expenditures significantly, as the Company will not have the need for massive infrastructure investment. Ortsbo is currently in the process of implementing its Azure application and expects to be fully engaged throughout this business quarter.
Full details of news coverage can be found at the Intertainment web site - www.intertainmentmedia.com
To become a Facebook Fan of Ortsbo, sign up at www.facebook.com/ortsbo
Follow Ortsbo on Twitter
To review Ortsbo's weekly performance metrics and the Company's corporate blog, please visit www.intertainmentmedia.com/blog
About Ortsbo: 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 division 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.
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.
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 under the symbol "ITMTF". Intertainment is also traded in Europe, on the Frankfurt Exchange 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.
SOURCE: Intertainment Media Inc.
For Ortsbo / Intertainment Media Inc.: David Lucatch, CEO 800-395-9943 / 905-763-3510 info@intertainmentmedia.com To learn more, visit: www.ortsbo.com To learn more, visit: www.intertainmentmedia.com Public Relations / Media Inquiries: SS / PR mcampe@sspr.com www.sspr.com
Copyright (C) 2011 Marketwire. All rights reserved.
Powerful news release. Am honored to be a part of this company as a stockholder.
This is a wonderful day for the US, a wonderful day for the entire world. It is after 1 a.m. and I am watching on TV the growing celebratory crowds in front of the White House. It is wonderful to see - so young. The Social Media generation for certain.
Monday is going to be wild for INT in a very positive way with the combination of the growing discrediting of the Globe and Mail article, the SaaS CEO postings, and now the worldwide jubilation at the news of the death of Osama bin Ladin. All markets will surely soar!
Reportedly Mark Hale of Intertainment Media is telling us on Facebook to go to the comment page of the Globe and Mail article for a lenghty three part post by someone claiming to be the CEO of SaaS. Apparently it is the real thing.
Sort newest to oldest - scroll down...
http://www.theglobeandmail.com/globe-investor/investment-ideas/features/vox/translating-intertainments-web-story-sell-now/article2004572/comments/
He has now posted another, fourth comment as a reply to another poster's comment verifying the user numbers for Ortsbo as being accurate.
Thanks all for the names of brokerages that can see the ITMTF bid and ask. Will change to one of them for this stock.
I think you are right.
Globe and Mail is actively removing the better written and highest rated protest posts - rather than the offending article. THe posts removal began about an hour ago. I hope that INT will bring in additional council to deal with this if action is not quickly forthcoming.
I should have listened to the ranting and raving of my broker when I refused to sell it looks like. Old family friend. He had actually called on occasion, bellowing into the phone saying that I had lost my mind to have gone onto the pinks...what would my father think were he alive, etc.
Still, its not over till its over. It just does not look good. Scarlett's father was right I suppose, the only investment that lasts is land.
Yes Trout080, thank you so much. Very aware and have written to the editors of both publications. This action of the part of these individuals is reprehensible and I hope that David Lucatch's attorneys act forceably and quickly.
Will never, ever ignore a red flag again or assume 'innocent until proven guilty' in cases such as these. Sad comment to make.
My sentiments as well!
Have either of you been able to get an answer from your brokerage as to why the change in showing the bid/ask?
No, Chris, no word on him. After the other, I did not even think to ask. I'm not sure it is Hlavsa that we should be angry with, maybe he is just the paid face of the two companies,just a figure head. Who knows. We are truly driving in the dark right now.
Odd that you could see it before. It is my experience that the bid/ask does not show with a Canadian stock traded through any level of the OTC - and the OTC is the only route to a stock listed on a Canadian venture.
I've had this stock since it was .10 and it has never showed the bid/ask on either my TD Ameritrade or Wells Fargo accounts. Neither has my Wells Fargo broker ever been able to see the bid/ask, he can only see the last trade. That is standard though, not just ITMTF. It is any stock listed on a Canadian exchange but also traded in the US via OTC at any level - at least with TD and Wells.
I just called Mr. Hlavsa and spoke with him:
RE Gerova listing: At issue is the question as to whether Gerova can trade at this time, even on the pinks, without having met its current financial disclosure obligations. They are awaiting guidance from council on this question.
He said that a company in Gerova's position could continue to trade privately.
RE FNDM: He could not deny or confirm that fndm still has a majority ownership of Advisor Shares. (I am assuming that if they have not been able to pay them as per their contractural agreement, that fndm's ownership status of A.S. may or may not have changed)He could neither confirm or deny a delinquent or timely payment status.
He said he was very sorry, and he said he could not answer any of my questions because the answers to my questions have not been publicly published.
I said that there seemed to be little left but hope, and that dimming fast. He said that the one thing both companies had was time, and that time only would tell where this went.He said that there was virtually no connection now between FNDM and Gerova.
I am in US but yes, many thanks to our Canadian friends who are also posting here. Might be a very exciting day tomorrow indeed!! This following quote was just posted on another website:
David Lucatch: "We are moving over everything to Microsoft Azure - Cloud Application. Unlimited computing power / Unlimited Bandwidth"
unless the lhama was just a puppet all along.
Yes, but it was switched back today it looks like.
Must have been some sort of momentary technical blip on the website.We are listed as being otc through the pinks today, but the site does show us as being on the grey yesterday. Odd. Am picking up more shares today. This is like Christmas.
link to otc venue changes: http://www.otcmarkets.com/marketActivity/venue-change
Great press continuing!
http://m.theglobeandmail.com/globe-investor/simmons-sends-intertainment-stock-up-the-charts/article1991873/?service=mobile
GLOBE AND MAIL ARTICLE:
SIMMONS SENDS INTERTAINMENT STOCK UP THE CHARTS
Article by Shirley Won
Tuesday, Apr. 19, 2011 8:34PM EDT
Gene Simmons, founder of the rock band KISS, has given shares of Intertainment Media Inc. a shot in the arm after becoming a pitchman for the Toronto-based firm’s social media and translation website.
Intertainment hit a 52-week intraday high of $3.35 a share Tuesday before sliding to close up 10 cents at $2.25. The company, which has reported no earnings and no significant revenue to date, has seen its stock gain a whopping 2,150 per cent this year.
“It’s getting a little crazy,” says Peter Hodson, a portfolio manager at Sprott Inc. who bought Intertainment shares between 50 and 70 cents a share in early February.
There is “chatter” on the Street that Mr. Simmons plans to soon do a demonstration with his fans around the world on Intertainment’s Ortsbo.com site so “that is perhaps what is driving the stock,” Mr. Hodson said. “ I am not a big KISS fan, but Gene has been very entrepreneurial. He has turned a mediocre rock band into a worldwide conglomerate.”
Intertainment has gained $1.58 a share over 11 sessions after Mr. Simmons agreed to become a shareholder and also a promoter for Ortsbo. The website says it enables users to hold online chats in more than 50 languages, with immediate translation of their text messages.
The stock has gained momentum after the company announced earlier this week that it had achieved a “major milestone,” reaching 12.2 million unique visitors in less than 10 months.
“There may be some very large buyers who want a piece of this social media opportunity before it’s too late,” Mr. Hodson suggested. “But it’s exceptionally hard to value, and you don’t know how much money is going to be ultimately made down the road.”
Intertainment chief executive officer David Lucatch said that he convinced Mr. Simmons to get onboard earlier this year after persuading the entertainer, who couldn’t speak English when he emigrated from Israel to the United States as a boy, to try the site.
“Gene typed a message to one of my staff in Hungarian,” Mr. Lucatch recalled. “My staff member received it in simplified Chinese over Ortsbo. She typed it back in Spanish, and he received it in English … We were using four different dialects in a single conversation, and he was blown away.”
Hedge fund manager Steven Palmer of AlphaNorth Asset Management Inc. began buying shares of Intertainment at 5 cents a share through private placements as early as 2009. “It remains to be seen whether it will continue to grow at a rate comparable to Facebook,” he said. “That is what is getting people excited.”
Published on Tuesday, Apr. 19, 2011 7:09PM EDT
still here, there's just not a lot to say on this one that has not already been said. hope we don't get any bombshells dropped...this thing needs to turn around.
Enormous thanks to Mr. Millions for
introducing this stock to us when it was still under .10, and for all of his research.
OVER A DOLLAR!!! CONGRATULATIONS ALL!!!
Oh Happy Day!!! Last trade was at 9:37 for $1.04!! HI Buy-ITMTF, my broker is checking on that plus other questions I had. I am out of town till next week so will report back then. We are so fortunate in hthe US to be able to buy this through OTC from the Venture exchange in Canada. I hope that it lists on one of the major boards here, the combination of the exposure from a US listing, our CEO, and publicity by Gene Simmons would send this stock sky high.
You know how they say
a watched pot never boils? Well, I am leaving for DC tomorrow and won't be back until this weekend. I will not have my computer with me so at least there will be one less set of eyes on this keeping it from boiling.lol
FANTASTIC DAY!!! GO ITMTF!!!!!