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petermic

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petermic

Re: None

Wednesday, 04/20/2011 1:03:35 PM

Wednesday, April 20, 2011 1:03:35 PM

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Seeking alpha blog post asks some hard questions. I don't think INT will survive over $1.00 for more than a couple of weeks.

They have 250 million shares fullly diluted and most investors paid about 10 cents per share. Lockup expires in May.

This company has promoted one internet holy grail after the other. They own no patent or special technology on this translation thing and there are already competitors. It's just a utility imo.

Worth about $25mm, which is 10 cents per share.

http://seekingalpha.com/instablog/125578-admiral-george-anson/166808-intertainment-the-real-deal-or-the-latest-internet-stock-swindle-int-on-tsx-venture
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