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Re: Intertainment Business Update

Intertainment Media

about 11 years ago

in response to goosed2's message

Yeah, this wasn't a good news release. One of the reasons I was confident in Ortsbo was because PB stayed. This looks like he left. Now the question is why? Did he lose confidence in Ortsbo? Did INT just run out of money to pay him?

That's probably why the others are gone. No money left. We knew this problem was coming if they couldn't raise money. Now they've gotta execute on contracts or raise money or sell assets in a distressed situation. If they can get a few solid contracts in place they can maybe raise enough money to stay afloat. But that is essential now.