Good job management?
posted on
Aug 09, 2011 03:12PM
The market is just tripping over all the shareholder value you have provided us. Here's the Dealfrenzy "deal":Intertainment acquired the Deal Frenzy
Assets in consideration for $700,000 by way of $500,000 in cash and 289,855 common shares of
Intertainment (“Intertainment Shares”) at a deemed price of $0.69 per Intertainment Share.
So we can't get the apple app. up and running, o2o is nowhere to be seen since its small debut at the beginning of June, haven't completely transitioned to Azure yet(going on 2 months now)-As Ortsbo continues the transition to the Cloud with Microsoft Windows Azure, users continue to increase
translation and communications activities, providing a significant increase in overall user engagement
statistics and increasing brand recognition.
From middle of May to now we have increased unique users from 16.1 mil to 20.1 mil-hardly viral.
I think that the $500,000.00 would have been better spent hiring more IT guys/girls, wouldn't you say? Yes we have millions in the kitty but our "leader" needs to be careful how he spends that money. He does have a $375,000.00 salary he needs to cover. All that money to have our sp grind down from $3.35 to 40 cents. Good work if you can get it. I don't think the next AGM will be much of a love in as the previous one from what I hear. I definitely will be attending. Don't play the "shorters"card with me. Lots of companies have shorts out on them and they are not hindered.
Short History |
Symbol | Report Date | Volume | Change | % of Float | |||
INT - V | 2011-07-31 | 1,222,331 | -400,881 | 0.47 | |||
INT - V | 2011-07-15 | 1,623,212 | -123,443 | 0.63 | |||
INT - V | 2011-06-30 | 1,746,655 | -845,214 | 0.69 | |||
INT - V | 2011-06-15 | 2,591,869 | -4,751,818 | 1.04 | |||
INT - V | 2011-05-31 | 7,343,687 | 1,963,012 | 5.85 |
Oh and of course the market is to blame, We were at 50 cents from $3.35 before the "crash" so they can't use that as an excuse.