nope no vote tomorrow, tomorrow is just the day u need to own shares by to have a voting right. That big meeting your referring to is sometime mid june, hence why i dont expect any big news to come yet. They will use any big NR for ortsbo till the company is spun out in order to gain publicity and create excitement. What i do hope we get soon is an update on our other very interesting divisions like Kowango, ad taffy, itibiti...those companies can even be bigger than ortsbo
INT - Intertainment Media (TSX-INT) - Page 30
Did you ever get the impression you were in the eye of a storm. User levels continue to rise and will be reflected in the next release. Advertisers are lining up based on how global Ortsbo is headed. The American market keeps hearing the name Ortsbo and asking the W5 question, who, what, where, when and why. Asia needs translation technology more than any other continent for the single purpose of expanding world products at a faster pace. Have user levels of Ortsbo been mentioned at Google headquarters during any meetings of the Exec's, you can bet on it. Did they dismiss or mock at the info since its only a small venture company from Canada, not very likely. The same scenario was most likely a hot topic for all the major companies. User levels are everything in social media since the masses use, purchase, demand and drive the tech industry they cannot be overlooked by anyone as inconsequential.
your 100% right, that is why david chose to put user numbers ahead of revenue right now. But now we are on the revenue part of the game, it is all coming together and u can bet we are in some sort of black out period till the voting circular is sent to us in the mail soon. Aparently its in the hands of regulators awaiting approval. Next user numbers will show growth even bigger than last update, with the cannes film festival, indy car event in brazil, rock and roll stars event in argentina, the wango tango event with justin beiber...we should be at around 175 mil users easily.
Intertainment Media Provides Update on Ortsbo Spin Out
Strong US Interest With User Numbers Continuing to Accelerate and Commercial Pilot Programs Underway
TORONTO, CANADA, May 23, 2012 (MARKETWIRE via COMTEX) -- Intertainment Media Inc. (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:
People wonder why its taking so long, senior exchange in the USA is possible now....and oh yeah tons of hints at revenue deals being looked at. 55 mil user in 90 days, we are now over 160 million users. Selling this stock anytime soon would be a huge mistake, these guys are on to something huge.
Startup puts online ads within reach of smaller operations
Online advertising is big business. A study by consulting firm Ernst and Young last fall projected a 16-per-cent increase in Canadian online ad sales in 2011, to $2.6 billion. But it’s a big business that small businesses can’t always get a piece of easily.
Buying online ads can be daunting for smaller companies, and serving those smaller customers is often time-consuming and unprofitable for online publishers. That’s the conundrum Shiny Inc., the Toronto-based operator of a service called Shiny Ads, set out to resolve.
While working at a small digital publisher, Shiny founder and chief executive Roy Pereira noticed a large number of first-time advertisers looking to buy small amounts of advertising. With customers who wanted to spend perhaps $100, though, it was hard to serve them and make money.
Smaller advertisers have thus been left on the sidelines, says Carmi Levy, an independent London, Ont.-based technology analyst. “It takes a fairly unique set of skills to leverage online advertising for business advantage, and these are skills that many smaller, less tech-savvy organizations simply do not have.”
What Mr. Pereira wanted was a self-serve interface to handle small-ad orders with a minimum of human intervention. The giants of online advertising – Google Inc. and Facebook Inc. – offer this. Most other websites don’t. Mr. Pereira looked for something that would allow others to do it, but in 2009 he couldn’t find anything, so he set up Shiny Ads to fill the gap.
While Shiny Ads is designed so those without a background in advertising can understand it – minimizing industry jargon such as “cost per impression,” for instance.
Before San Francisco-based CBS Interactive adopted Shiny Ads about a year ago, it was hard for the company to reach smaller advertisers, says David Chiang, vice-president of monetization.
“This self-serve tool allows these users to come on board, buy the inventory, take a look at it, see if it performs well for them,” he says. In many cases, he says, those buys are leading to closer relationships and bigger deals with those advertisers.
Like most of Shiny Ads’ customers, CBS Interactive “white labels” the product, meaning that while Shiny’s servers process the transactions, the process looks to the advertisers using it like part of CBS’ website.
Revenue comes from a straight percentage of ads sold – there are no setup fees and no monthly fees, Mr. Pereira says.
Shiny Ads’ customers, most of whom are in the United States, include advertising trade magazine AdWeek, CBS News, technology news publishers ZDNet and CNet, and Kijiji Canada, a unit of eBay Inc.
Mr. Pereira is no stranger to start-ups, having launched his first – a company making Internet server software before the Internet was big – straight out of university in the early 1990s. Having learned from that experience that he “really didn’t know what he was doing,” he worked for several other companies, including industry giant Cisco Systems Inc., before launching Shiny Ads.
For a company founded in the early part of the great recession, funding was the first big challenge. In 2009 the venture capital and angel investment scene in Toronto was essentially dead or dormant, he says, so Shiny Ads relied on consulting revenue to bootstrap product development.
When the company finally obtained about $500,000 from two angel groups – the Maple Leaf Angels and York Angel Investors – and some individual investors in March 2011, it was able to drop the consulting “cold turkey” and focus on the product, which Mr. Pereira says brought an immediate surge in sales. “All of a sudden doors opened that we didn’t even know were there,” he recalls.
At the beginning of this year Shiny Ads raised an additional $400,000 in a second funding round involving the original investors and Toronto-based Intertainment Media Inc., which develops technology for online marketing.
Funding has been overtaken as a challenge by staffing. With Web and mobile businesses doing well in Toronto, finding people with those skills has been tough. The company is fully staffed with eight employees at the moment, Mr. Pereira says, but “the next time we want to grow I know it’s going to take three or four months.”
While Mr. Pereira isn’t revealing revenue numbers, he will say that the company is bringing in about six times as much money each month as it was a year ago. It also plans to market other products to help online advertising buyers and sellers. The first two of these are almost ready and likely to be launched in the next month, the founder says.
Besides being a promising niche for the company, what Shiny Ads is doing should make online advertising more accessible to small businesses, Mr. Levy says. “It allows these previously under-served advertisers to compete more effectively against organizations of any size.”
Customized Mobile Wallet with Debit VISA & MasterCard loyalty program poised to capture share of $57 Billion US Market
TORONTO, CANADA and LOS ANGELES, CALIFORNIA and NEW YORK, NEW YORK--(Marketwire - June 11, 2012) -Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) ("Intertainment" or the "Company") is pleased to announce that it has developed, together with leading financial services industry partners, a customized social media financial services program for celebrities and socially active specialty brands. Code named "sweet card", the platform is customized for celebrities allowing them to engage with fans through a unique socially powered global fan loyalty and appreciation program. This program will utilize a unique mobile wallet payment application and customized debit VISA or MasterCard allowing users to earn exclusive rewards through virtual payments, online purchases, money transfers and conventional in-store transactions.
According to Aite Group and Mercator Advisory Group, there are over 5.1 Billion smartphones in the marketplace creating unique opportunities for consumers to install mobile wallet technology and take advantage of emerging near field communication opportunities. This type of convenience will allow users to purchase a variety of goods and services directly through their smartphones with an expected consumer spend by 2015 of $214 Billion in the U.S. and over $1 Trillion globally. Additionally, the groups confirm that prepaid debit card issuance programs have grown from $1.6 Billion in 2004 to an estimated $120 Billion in 2012, with prepaid loads reaching $57 Billion in the US in 2011.
Managed by Intertainment and its subsidiary, Ortsbo Inc.'s Los Angeles team, the program has been reviewed by a number of leading talent agencies, artist management groups and merchandise partners. The Company now has significant interest to begin market testing with key celebrities and specialty brands in North America with a view towards rapid global expansion opportunities. The program is expected to generate ongoing loyalty and transactional fees of which Intertainment and its divisions will be entitled to up to 50% of net generated revenues.
The program offers celebrities and specialty brands a unique way to engage with fans and create a continuity based business platform. Through a customized mobile wallet application and vanity debit VISA or MasterCard, purchases will generate points towards redeemable opportunities and special offers. Consumers that opt into the loyalty program will have the ability to receive exclusive social media access, live programing, merchandise and other unique program features.
Ortsbo will enable global engagement through its 53 languages real time communications services platform, allowing fans to chat and engage with celebrities through exclusive Live & Global events.
The program will be marketed by Intertainment using its social media brands including Ortsbo and KNCTR along with its social media investment partners and key online sites together with celebrity partner programs and live venues.
For more information, please visit www.thesweetcard.com for a short presentation. Interested parties should contact Intertainment Media for more information.
To become a Facebook Fan of the Sweet Card, sign up at www.facebook.com/TheSweetCard
Follow the Sweet Card on Twitter: @TheSweetCard
Great eh! ....I guess if you are a fan of whomever.
"According to Aite Group and Mercator Advisory Group, there are over 5.1 Billion smartphones in the marketplace." ???? Does this seem possible? Is this including every "smartphone" ever produced, even the ones dropped into the lake at the cottage? What qualifies as a "smart" phone?? What I.Q. does a smartphone have to have to be deemed smart??
This seems like a totally bogus number to me...(IMHO)
Apparently, the following quotes were originally posted on INT Facebook by someone in attendance at the June 14 INT meeting. Thereafter they were reposted by various SH posters. I just put them all in one page.
One of the quotes below already came true (the first one regarding Maroon 5) which bode well for their validity:
"One of the hottest band (major release coming June 25th) in the world saw the Ortsbo Twitter tech, and wanted it, but wanted to remove the Ortsbo branding. We rejected it, we don't do that for Disney and we won't do it for anyone. I woke up to an email today asking, "how quick can we get it installed and can we change the colour?
Intertainment Media Inc. Enlists Maxim Group LLC as US Financial Advisor and Investment Banker TORONTO, CANADA and NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA--(Marketwire - June 29, 2012) - Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) ("Intertainment" or the "Company"), announced today that it has enlisted the services of Maxim Group LLC ("Maxim Group"), a leading US investment banking, securities and investment management firm, to provide strategic corporate finance and investment banking services. Maxim Group will focus on assisting Intertainment, Ortsbo Inc. ("Ortsbo") and other subsidiaries of the Company in its strategies for maximizing shareholder value through its full scope of investment banking services. Maxim Group supports Intertainment's technology incubation program and business strategy which includes a proposed spin-out of its real-time global communications experience platform, Ortsbo. Celebrating its 2nd year anniversary on July 22, 2012. Ortsbo already has over 160 Million Unique Monthly Users globally and has recently announced several commercial applications for its real-time global language services for social media and financial services. Intertainment initially proposed spinning-out Ortsbo as a senior publicly listed company in Canada with a significant portion of the proposed listing distributing to shareholders. Given the primary interest from US investors, the Company will be working with Maxim Group to move these efforts forward in the US. "We are looking forward to utilizing the expertise of Maxim Group to assist Intertainment, Ortsbo and our other divisions with our growth strategies and capital requirements," said David Lucatch, CEO of Intertainment. "Maxim Group is a major investment banking firm concentrated on advising small-cap and midsized organizations. The Company trusts that Maxim Group will play a strong role as an advisor in executing organizational growth strategies to further enhance shareholder value." Maxim Group President Chris Fiore commented, "We are delighted to partner with Intertainment as it pursues its plan to accelerate and execute its business. Our goal will be to provide assistance to Intertainment in the financial and value creation components of its corporate strategy through our full-service investment banking capabilities. Furthermore, we will also be supporting the Company in attaining its strategic initiatives and long-term objectives." About Maxim Group: Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.
July 06, 2012 15:50 ET
Intertainment's Ortsbo Reaches Over 200 Million Unique Monthly Users on Eve of Second Anniversary
Globalization Programs Break Down Language Barriers and Open the Way to Commerce
TORONTO, CANADA and LOS ANGELES, CALIFORNIA and NEW YORK, NEW YORK--(Marketwire - July 6, 2012) - Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) ("Intertainment" or the "Company") is pleased to announce that its world leading real time global communications experience platform, Ortsbo (www.ortsbo.com), on the eve of its second anniversary, July 22nd, 2012, has reached a new global milestone with over 212 Million unique monthly users recorded for the month of June. With over 485 Million page views and 242 Million sessions in June, Ortsbo generated over 571 Million minutes of active use bringing the total minutes to almost 3 Billion since inception.
With over 2.2 Billion Internet users worldwide, according to Internet World Stats, Ortsbo's focus is on the global marketplace where opportunities are significantly larger than for those social media companies who primarily focus on the North American Internet market, and count a market capacity of only 273 Million users with limited language strategies and capabilities.
The US and Canada are currently leading ecommerce spending globally, however according to Capture Commerce, consumers in other countries are increasingly shopping online. Worldwide ecommerce spending is projected to increase more than 90 percent by 2014 to an estimated $523 Billion. A sizable portion of that growth is expected to come from Latin America, where the amount spent online is projected to more than double. By providing integrated eCommerce language services on a fee or revenue share basis, Ortsbo can provide a better user experience resulting in a greater potential number of completed transactions.
As part of its 2nd Anniversary commitments, Ortsbo will be introducing its new web site (in beta), mobile applications including Trackside, a new multi-language blogging and event communication platform currently being tested at the Toronto Honda Indy, and a series of new platforms allowing further global commercialization and user integration through the introduction of proprietary Ortsbo tools and services.
"Launched just less than 2 years ago, Ortsbo has revolutionized the way people can engage with anyone around the world, in almost any language, effectively breaking down language barriers," said David Lucatch CEO Ortsbo / Intertainment Media. "With successful program deployments with IndyCar, Variety, Disney, Marvel, Dreamworks, Fox, Yahoo!, MSN and other leading companies, the opportunities continue to expand rapidly as Ortsbo tests and deploys its commercial platforms."
To become a Facebook Fan of Ortsbo, sign up at www.facebook.com/ortsbo.
Follow Ortsbo on Twitter.
INT.V has closed above bottom band by 13.5%. Bollinger Bands are 55.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to INT.V's normal range. The bands have been in this narrow range for 3 bars. This is a sign that the market may be about to initiate a new trend.