RE: DISAPPOINTED; Read The Release!The RTO is just a faster, cheaper way of getting Ortsbo on a U.S exchange. The plan is to get Ortsbo on a U.S exchange, possibly before it even begins trading. The IPO would take much more time and would definitely NOT be close in timing to the Facebook IPO. The RTO allows Ortsbo to time the market perfectly...
From Feb 28th Release:
"In connection with the Transaction, the parties are investigating the process of listing the common shares of the resulting entity on a senior exchange in Canada and a potential dual listing on a senior exchange in the US following the completion of the Transaction."
From Cantech Interview:
Does this mean you won’t be seeking a more senior listing?
Quite the contrary, as we are focused on a senior listing, and again, this process, we believe, is a quicker route to that as we are intending to bypass the junior listing and go right to a senior listing and then look to list on a senior US Exchange.
https://www.cantechletter.com/2012/02/intertainment-ceo-david-lucatch-talks-ortsbo-spinoff/