Another good David Lucatch blog
posted on
Feb 26, 2011 02:02PM
February 19, 2011
Many of the participants here are adding value and we’re listening, while some people are just here, imho, to make noise.
First, the process of decision is not instant. There are many factors that we need to consider with a major decision. This is not my first public posting and we understand that our stakeholders want instant results, but its important that we know all the facts before moving forward in any direction.
Second, given the current market volume and attention, those that are speculating on downward pressure are likely just blowing smoke. It has been confirmed late yesterday that we have had a growing short position from
.79 downward and we feel that this has had a significant impact on the stock. We are working on this situation that just came to our attention. It may be that those “spewing” loudly may be causing the problem.
Thirdly, employees, management and board members ONLY have stock in INT – not our subsidiaries like Ortsbo. This means our interests lie with our shareholders interests in making our Company, Intertainment Media, more valuable.
Fourthly, management and insiders have invested at every level and supported the company financially when others would not. Senior management and Board members have cummulatively 10's of millions of shares and we are NOT selling, so those that are laying claims are just here to make noise. We have a significant vested interest in the future of this company.
Lastly, I encourage you to try Ortsbo and don’t listen to those who haven’t even visited the web site. We have a series of video tutorials that fill your screen with information about and how to use Ortsbo. Visit our Facebook Fan page and see that over 40,000 people have joined together to celebrate Ortsbo. We’re only 22,000 Fans or so from passing Google Translator – not bad for a product that’s been in the market less than 8 months. Over 5.1 million unique individuals are engaged with Ortsbo every month – that’s a 27.5% increase in the first half of February – and we’re growing. In today’s fast paced digital world, the crowd is the source of what’s hot, and Ortsbo is, imho, blazing.
As always, do your own objective due diligence. Vitist our web sites, blogs, SEDAR, and seek professional counsel.