Investors involved in private placements are usually large banks, mutual funds,
and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market.
Apr. 13, 2011 (Marketwire Canada) --
NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA, and TORONTO, ONTARIO -- Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCBB:ITMTF)(FRANKFURT:I4T) announces that the Company has signed a letter of intent to acquire mobile software and app developer, Commobility Inc. ("Commobility"). Formed recently by a group of mobile, online and IP experts, the Commobility team has been responsible for the development of key applications in real time semantic search, location based mobile video search and real-time communication platforms and large scale mobile messaging and service deliveryplatforms that are currently used by telecommunications firms around the world.
Mar. 7, 2011 (Marketwire Canada) --
NEW YORK, NEW YORK and SAN MATEO, CALIFORNIA and TORONTO, CANADA -- Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCBB:ITMTF)(FRANKFURT:I4T) announces that its social media, real time, language translation platform, Ortsbo.com (www.ortsbo.com), continues to accelerate with over 1.7 Million unique users and 8 Million minutes of user engagement in the past week. The Company is now preparing to launch its mobile platform, allowing users around the world who are not connected to computer desktops the ability to use Ortsbo on their mobile phones, smartphones and portable computing devices.