Traveling Between A House Of Cards (Canada) And A Floating Crap Game (U.K.)

| About: The Intertain (ITTNF)

Summary

Intertain's assets are not worth their debt.

Questionable management and related party dealings do not pass the sniff test.

Running to the UK makes little sense other than to fool a new set of investors.

(Editors' Note: The following is a presentation Marc Cohodes, noted investor, gave at a recent investor conference. Cohodes is reachable on his Twitter account @AlderLaneeggs. There is much greater volume on the Toronto Stock Exchange under the ticker symbol IT.)

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Image courtesy of Todd Fernandez

Disclosure: I am/we are short ITTNF, IT.CN INTERTAIN.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.