Lion's Gate - INT NYSE listingQuickly off the top of my head.....sounds like Lion Gate is proposing a minority stake in INT (like a partial merger) in exchange for providing the expertese to secure a NYSE listing.
Additionally, INT will spin out the Ortsbo brand (effectively this would be the company that lists on the NYSE) and INT shareholders would potentially get shares of Ortsbo.
As an example, shareholder holds 15,000 INT shares and is granted 1 Ortsbo share for every 5 INT share they hold. Effectively, shareholder now has 15,000 INT and 3,000 Ortsbo shares.
Again, just my interepretation without contacting company for further clarification.
Cheers,
djgt
aka Chris Weber
www.weberswebnewsletter.com