Coincidence or Developements Three days after FB did their IPO we have this NR:
TORONTO, CANADA--(Marketwire - May 23, 2012)
The Company has spent time with firms in New York, Chicago and Los Angeles discussing the opportunity and feels that the interest is significant enough to consider pursuing such opportunities further and report its findings to shareholders.
But prior to that info we had this:
TORONTO, ONTARIO--(Marketwire - May 1, 2012) -
The strategic investor is an international investment fund with a focus on investing in emerging growth companies. The strategic investor (and any other subscriber that invests a minimum of $20,000,000) will receive one full common share purchase warrant for each Unit purchased under the Offering (rather than one half of one common share purchase warrant of Ortsbo).
Well if this isn't a well timing process for some big investment firms waiting to cash in some FB shares to re-invest into potentially life changing type of technology, I don't know what is and I also sense there might be more open arms in the US than at home. If these investors are serious they would prefer 100% listing on the US exchange ...IMHO.
Should we able to hear a couple big names connected to financing in Ortsbo ...I would say the sky is the limit. INT potential value is presently undetermined, how big we grow is determined by who we associate ourselves with....The last NR clearly stated we're in great company but INT can move in a flash. Sad that we don't put a better value to our own product. Another product to be labelled...''''Made in USA''''
We invest in potential here, just remember who invested in FB prior to IPO. Money talks....BS walks.
fmb....