There's that 60% again! https://www.intertainmentmedia.com/refresh/wp-content/uploads/2010/11/January-31-13-PR-Intertainment-Develops-Yappn.pdf
Yappn builds the bridge between global social engagement, entertainment and revenue initiatives
TORONTO, CANADA – January 31, 2013 – Intertainment Media Inc. ("Intertainment" or the "Company") (TSXV: INT / US: ITMTF / FRA: I4T) is pleased to announce that together with the founding partners of Ortsbo, Commobility and its entertainment partners, it has begun the early stage development of "Yappn" (pronounced Yappin’) www.yappn.com, a revolutionary new way for people to communicate with each other, celebrities, artists and brands through major social network platforms, regardless of the language that they speak. As the founding partner, Intertainment Media Inc. is expected to own a minimum of 60% of the program.
https://www.intertainmentmedia.com/refresh/wp-content/uploads/2010/11/March-8-13-PR-INT-agrees-to-sell-Yappn-final-2.pdf
The arms length transaction is contemplated to close in and around March 31, 2013. Under the terms of the LOI, Intertainment and its partners will receive 70 Million shares of Plesk at a value of $0.10 USD per share, with Intertainment controlling a minimum of 60% of the received shares of Plesk following the completion of the transaction. The entity will change its name to "Yappn Corp." and the parties are currently finalizing financing that will provide Yappn with working capital following the completion of the transaction.