Intertainment Media Provides Ortsbo Transaction Update
Company Intends Application for Listing on Senior Canadian and US Exchanges
TORONTO, CANADA--(Marketwire - Nov. 28, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to provide a further update on the status of its subsidiary, Ortsbo Inc. ("Ortsbo"). Based on the continued growth of Ortsbo and the analysis with key strategic advisors to increase value to the Company and its shareholders, Intertainment intends to initiate the process to "spin out" Ortsbo and consider independent applications for listing on senior Exchanges in Canada and the United States.
I am always positive on commodity prices, and i know some of you may not agree. CUU is one of the best copper plays, considering the challenges facing the industry
Mining industry faces heightened challenges amid commodity boom
Deloitte report warns of 'perfect storm' in surging sector
By Scott Simpson, Vancouver Sun November 28, 2011
"Gone are the days when conversations about commodity prices were confined to industry analysts," said Glenn Ives, Americas mining leader for Deloitte Canada, in a news release accompanying the report that was released today.
CHICAGO (MarketWatch) -- U.S.retailers posted sizable "Black Friday" gains vs. 2010's day-after-Thanksgiving sales results, according to data released Saturday.
Store sales, according to Chicago-based ShopperTrak, rose 7%, as shoppers spent $11.4 billion, up nearly $1 billion from a year ago, by the Associated Press's calculations.
Online sales on Black Friday jumped 24.3%, which tracks sales at 500 top Web retailers. Numerous chain retailers moved store-opening times ahead from previous years' predawn "doorbusters" to midnight, hoping to lure post-Thanksgiving-dinner shoppers, while others for the first time featured opening hours on Thanksgiving Day itself.
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