RE: RE: Ortsbo Files for US Patent on Its Real Tim The most pertinent info for us... I'll bet that we will see another NR before the week is out... :)
"As previously announced, Intertainment Media Inc. continues to move forward with its plans to "spin out" Ortsbo as an independent structure for listing on senior Exchanges in Canada and the United States. As part of the "spin out" transaction, Management of Intertainment has proposed that shareholders, as of a determined record date, will receive a distribution of up to 30% of Intertainment's value of the proposed spin out. This transaction will be subject to all applicable board, shareholder and regulatory approvals. The Company expects to provide further updates throughout February 2012."