COLUMBO: I DON'T KNOW...I JUST DON'T KNOW Something's just not quite right with this deal. Why could it not have been bigger? What was said at the meetings to disuade Management not to go directly to major exchanges with a major IPO?
I DON'T LIKE THE VENTURE EXCHANGE. Who is behind this deal...the financial companies (hopefully not the Cancords, the Jitneys and all these small time players). Could have been Goldman, Sachs & Co. (Goldman), Bear, Stearns & Co. Inc. (Bear Stearns), Merrill Lynch, Pierce, Fenner & Smith, Incorporated (Merrill Lynch), Citigroup Global Markets Inc. f/k/a Salomon Smith Barney Inc. (SSB).
IT'S ALL REFLECTED IN THE NEWS THIS MORNING. INT SHOULD HAVE JUMPED SIGNIFICANTLY.
As long as INT/ORTSBO is on the TSX venture, expect the same old story (no matter what pricing is tied to Ortsbo). It will all be CHILD'S PLAY UNTIL WE ARE COMPLETLY REMOVED FROM THE VENTURE EXCHANGE.
YOU HEARD IT HEAR!
RD.