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Monday, 03/29/2010 8:20:24 AM

Monday, March 29, 2010 8:20:24 AM

Post# of 4519
IENT Amazing Due Diligence!$0.08,
After years of dormancy with updating the investment community, IENT begins issuing Press releases. As per the last 10QSB filing, IENT states "Unless and until its online revenue stream matures, the Company recognizes that it will likely not have sufficient cash resources to fund its operations through the end of 2002 or for 2003".

6 years later it is still operating. 7 Years ago IENT was trading as high as $7.75 on the Nasdaq (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38188388). It has an online-gaming patent which it has gone to court to defend infrigement on. "More Details Below."

Last Month IENT Released a PC/ Mac Game in Local Stores
On Feb 23, the game "Dogfights The First Game Released in 5 Years Just Hit the Shelves"

IENT also has a few game titles at GameStop and other retail locations.

Dogfights:
http://www.gamestop.com/Catalog/ProductDetails.aspx?product_id=76947
http://www.amazon.com/WarBirds-Dogfights-Pc/dp/B0032CPTR2/ref=sr_1_1?ie=UTF8&s=videogames&qid=1267587931&sr=8-1


Dogfights is also available for $29.95 at Best Buy, Frye’s, MicroCenter, GoGamer, NewEgg, Hastings, and other retailers including Amazon.com!!

Dogfights is distributed by Interactive Gaming Software (IGS). For more information, visit www.igs-games.com.

IENT's CEO Wild Bill Stealey has created and launched best-selling game titles like F-15 Strike Eagle, F-117A Stealth Fighter, Gunship, Silent Service, Tom Clancy’s Red Storm Rising (the game), Pirates!, Railroad Tycoon, Civilization and many more.

IENT Owns a Revolutionary Patent to make Online Gaming Much Faster Patent no. 6,042,477

Huge Companies Try to Claim IEntertainment's Patent.

"Another recent patent lawsuit was brought by iEntertainment Network against Epic Games, Atari, Valve Corporation, Sierra, Sony Online Entertainment and various Sony offices. As reported by Gamasutra, the suit was in connection with use of a method relating to “…latency in online games. The original patent, which seems to have been filed in 1996 by Dale Addink while working on early online flight sim title Warbirds, revolves around ‘minimizing the effects of time latency in multiplayer electronic games played on interconnected computers' by including ‘time dependent attribute information' in the packets. Patent owner iEntertainment, which was founded by Microprose co-founder JW 'Wild Bill' Stealey, demanded unspecified damages regarding the patent.” This litigation was ultimately settled.

Here is an interesting article that I suggest you all to read:
http://kotaku.com/5164114/microprose-co+founder-launches-military-mmo-dev

IENT share structure (very low!!!):
50 million Authorized
42 million Outstanding
12 million float which is mostly locked up!
Note: Insiders control 41% of OS, CEO owns 36% of the OS

IENT
used to trade at over $6.00 a share at it's peak, since their delistment the share structure remains unchanged!
Article About their Delisting in 2003 Found Here:
Reason was to focus on Company growth, IENT has filed to
take the Company private. Citing the potential for significant cost savings to operate as a private company. Eventually to position itself for either an eventual re-entry into the capital markets, or an acquisition by a larger game company.
http://www.allbusiness.com/company-activities-management/company-structures/5699577-1.html

We'll now the CEO announced that he was rebooting the company! "2010"
Since Then
-They Released their first game in over 5 years to hit local retailers!
-They acquired another gaming company "Thriller New Media"


Press Release About this HUGE Acquisition: http://finance.yahoo.com/news/iEntertainment-Network-Inc-bw-1777924846.html?x=0&.v=1

IENT has contracted several New York Time Recognized Best Selling Authors for Future Game Release's
“Interesting to note the biggest military author, Tom Clancy (signed his first game deal with Fred Schmidt, Now Thriller New Media’s CEO)
http://games.venturebeat.com/2009/05/08/thriller-new-media-hopes-to-bring-back-the-good-old-plays-of-military-games/


Information about Thriler New Media's Upcoming Games:
A great new brand is about to emerge in the $8 billion online global games market, the fastest growing sub-segment of the $41 billion worldwide games business. And it’s going to be a real-world techno Thriller!
Much of our content will evolve around original new characters and storylines being developed exclusively for Thriller by best-selling literary authors. This owned content will enable us to globally direct and control the extension of intellectual property from books and games to other media and associated products.
http://www.thriller-games.com/


Recent Media Coverage: “A Ton of Great Articles On IENT/ Thriller New Media.”
http://www.thriller-games.com/news/media_coverage.html

Chart:

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