RE: RE: .40c not .70c+ I get the story and believe in the concept of David's overall plan to secure upstart companies and spin them out.
ORTSBRO I felt was the biggest winner particularly if they secured their patent then it could be leased to everyone. I was thinking that ORSTBRO might be the King of the Colas not just any cola so would always be the go to product. Like Samsungs Flex commercial where the translation is live within a personal conversation at a bar.
Other than Salman Partners I don't get the sense the other analysts are on board wit getting our only visible S.M.C. in Canada in the spot light. Too have the whole young Asian and Arabic world communicating real time with each other to me seems inevitable. The youth demand it so companies must supply it and INT was and maybe still is leading edge.
I appreciate the markets are in the tank. Over 200 down again and worse the junior markets are down 70 points and as a % is pretty unnerving. I think a lot of retail buyers were hoping this one S.M.C. might be their bright star this year. Not home run stuff of 1000% but just a good triple from here would help a lot. Don't forget INT traded over a billion shares in a 6 week period. There are a lot of hopeful eyes on this baby .
I appreciate the reasons for the decline outside of INT I hold some stocks that are below cash value now. Not sure I've seen that before. If INT still has $90mil in cash so the cash value here is about $.30c or so ??
So right now we are looking at $.10c value for ORTSBRO ? I still can't get my head around what exactly what is happening . Is the market taking INT down to where it believes INT itself will trade after the spin out?
Would INT keep all of the $90 mil cash so INT proper would be worth worst case $ .30c and then your new shares issued at $7.00 is the dividend. Just to be clear if I own 100,000 shares the spin out would give me how many shares at $7.00? Is it 2,700 ? Do we know when those shares can be traded? do we know for sure which board it will be trading on? May 15th is the set date is it June end for the launch?
Thanks