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Nick Abe, CFA
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I am currently CFO and CCO of Stratigis Capital Advisors, an investment fund manager in Toronto. I am also a market strategist and portfolio manager for the Alpha Macro Strategies Fund. After graduating from the University of Western Ontario with a BA in economics, I successfully completed the... More
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  • Intertainment Media - Translating the Technology 17 comments
    May 30, 2011 12:01 AM | about stocks: ITMTF
    The last commentary I wrote on Intertainment Media (INT-TSXV, found here) created a small amount of controversy, mostly because I’m short the stock. For some reason it is viewed as acceptable if someone who is long a stock writes a positive article outlining the huge potential (or is quoted in an article as such), however if you are short a stock it is viewed in a negative light when you explain your rationale.   
     
    I want to address the issue of the Fund I work for being short. The Fund doesn’t randomly select securities to go short or long, we find compelling stories and make investment decisions based on our due diligence on these stories. Being short, I have continued to look for reasons why I may be wrong, and if I found something, I would happily change my position to avoid losses. I am available to be convinced as such. 
     
    All of the information in the commentaries I will be posting is derived only from readily available public information. In fact the commentaries just contain what I would consider to be the basics of due diligence before making an investment in a company of this type. 
     
    It appears that the entire value (and recent run up in the stock) proposition for Intertainment is Ortsbo. In fact, with over 300 million shares on a fully-diluted basis, one could argue that over $300 million of market value was created largely on the basis of Ortsbo.
     
    So let's try for a moment to figure out what about Ortsbo could be the source of this value. Undoubtedly, it hinges on two things: (1) the great technology and (2) the supposed growth in users.  
     
    The Great Translation Technology That Will Change the World
     
    Whether or not INT or Ortsbo has intended to do so, many longs have pointed to the fact that Ortsbo's great real-time translation technology has the potential to change the world. I disagree. I am not sure what type of technology INT has licensed from SaaS Technologies, but the main technology that Ortsbo appears to be using is directly powered by Google Translate.
     
    Google Translate has an API, [which is simply a web development tool] (search for Google Translate API to find the code and download pack for Google Translate) that is available for free to developers. We know this from basic due diligence, but perhaps the most illustrative thing would be a table of results that compares Ortsbo, Google, and Babel Fish translations. The most important thing to know about translation is that there is no “right” answer; as translation is not exact. Because of this computers have a difficult time translating from one language to another and it is very unlikely for translator software to have the same results on more complex phrases unless they use the same engine. In any case, here are the empirical examples:
     
    Phrase
    Ortsbo Translation
    Google Translation
    Babel Fish Translation
    “Si votre” (French to English)
    If your
    If your
    If your
    “sivotre” (French to English)
    Thevacuumcleaner
    automaticallystopsifthere
    Thevacuumcleaner
    automaticallystopsifthere
    sivotre
    “It appears like Ortsbo uses Google Translate.” (English to French)
    Il apparaît comme Ortsbo utilise Google Translate.
    Il apparaît comme Ortsbo utilise Google Translate.
     
    Il apparaît comme des utilisations d'Ortsbo que Google traduisent.
     
     
     
                







               







    As you can see from the table above, the Ortsbo and Google results are identical. The most curious is of course the French to English “sivotre” which returned “thevacuumcleanerautomaticallystopsifthere” for Ortsbo and Google and “sivotre” for Babel Fish. The reason is that “sivotre” (French to English) is a known Google Translate Easter Egg where the developers at Google have intentionally inserted an incorrect translation (presumably because they thought it was funny). Even on the other phrase Google and Babel Fish differ slightly while Google and Ortsbo are exactly the same… word for word, accent for accent.
     
    The Proof: Google’s Translation API in Action
     
    So one might say, maybe Google Translate is using Ortsbo's technology. Maybe so. Well I went one step further, checking out exactly what technology the Ortsbo website is accessing when the translation occurs. Please find the video of this process at the following link: http://vimeo.com/24242121.
     
    Instructions on how to follow the steps in the video (for Chrome, IE9, and Firefox) please click here. If you have a position in Intertainment (short or long) I strongly recommend you follow those directions, to see for yourself and to make your own decisions.
     
    Terms of Service and a Level of Transparency Requested
     
    So you might ask: What is the issue? Well for one, Ortsbo does not own one of the major technological pillars it uses. But furthermore, it is not disclosing this fact. Not only does this hide a key piece of the puzzle from the public (investors included) but it also appears to be in direct violation of Google’s Terms of Service.
     
    Google allows you to use their Translation API free of charge.    However, Google has strict rules governing this use, with its terms of service publicly viewable at the following link: http://code.google.com/apis/language/translate/terms.html.
     
    “You agree to include and display the "powered by Google" attribution and/or any other attribution(s) required by Google as described in the documentation conspicuously on the page, in close proximity and adjacent to any translation box(es) and Google Result(s).”
     
    As you can see in rule 2.3, the Google terms of service mandate that those using its Google Translation API place the “powered by Google” attribution prominently and in close proximity to the translation box. I have not seen this on the Ortsbo webpage (or any of the linking pages), nor was it present in the above video. 
     
    The revenue opportunities may not be there
     
    If Google’s Translation API is being used, it appears that sales of the product (in some form or another) would also violate term 1.4 which states:
     
    “Appropriate Conduct and Prohibited Uses. The implementation of the Service on your Property must be generally accessible to users without charge and must not require a fee-based subscription or other fee-based restricted access. Your use of the Service must be in accordance with the documentation. You agree that, to the extent applicable to Google Results, you will not, and you will not permit your users or other third parties to: (a) modify or replace the text, images, or other content of the Google Results, including by (i) changing the order in which the Google Results appear, (ii) intermixing results from sources other than Google, or (iii) intermixing other content such that it appears to be part of the Google Results; or (b) modify, replace or otherwise disable the functioning of links to Google or third party websites provided in the Google Results.”
     
    I am not sure exactly what the plans for Ortsbo are from a revenue perspective, but they should hope the technology they may be selling does not depend on the Google Translate API.    Google’s legal department has been sent a copy of this commentary. I do not know if they will take any action, but if you see a “powered by Google” appear on Ortsbo.com, you will now know the likely reason why. But in the end it is less about whether a logo appears or not, and more about the fact that the technology, on the translation side, does not appear to be proprietary in the least and Ortsbo appears to have left this detail out of the public domain. 
     
    Interestingly, on May 26th 2011 Google announced that it would be deprecating several of its APIs, including the Google Translate API:
               
    "Important: The Google Translate API has been officially deprecated as of May 26, 2011. Due to the substantial economic burden caused by extensive abuse, the number of requests you may make per day will be limited and the API will be shut off completely on December 1, 2011. For website translations, we encourage you to use the Google Translate Element."
     
    This will not necessarily shut Ortsbo down as they could migrate to a different API, such as BabelFish. However, it does illustrate the dangers of relying on others for your technology.
     
    The CEO has claimed that this "... does not affect Ortsbo", however, we are hard pressed to understand how that can be the case. If Ortsbo needs to change translation engines between now and December 2011, it seems to me like it will have been "affected".
     
    And what about the chat technology?
     
    Ortsbo offers to use these apparent Google translation services for a host of instant messaging platforms. These platforms range widely in popularity but the top three are MSN Messenger, Google Talk, and Facebook chat. Each of these platforms offer what are called APIs (application programming interface) for free to any developer that wants to use them (search Facebook chat API or Google Talk API or Live Messenger API for the code if you want it).   These platforms offer these APIs for free because they want as many people and as many webpages using the chat service as possible. They are intentionally designed to be customizable and easy to use so that web developers can easily integrate them into their site. Depending on your level of programming background or familiarity you can see in the code that each of these APIs has a send message function. Ortsbo most likely works by inserting a translation function immediately before the send message function. 
     
    All in all, it appears that the entire Ortsbo technology is just a set of free and publicly available APIs that have been stapled together. To use an analogy, there is the hard work that the Google developers did for Google Translate on one page and there is the hard work the Facebook developers did for the Facebook Chat API on another. Ortsbo appears to be the staple that is holding the two pages together.
     
    In speaking with some experts the overall impression I have received is that there is about as much work required to get this working as stapling two pages together. Getting the APIs to work together would require a few hours of programming per platform (i.e. Facebook Chat, Google Talk, etc). In addition, there is nothing that would stop ANY developer anywhere from doing it. The APIs are not the property of Intertainment, Ortsbo, or SaaS Technologies, they are owned by Microsoft, Facebook, Google, etc. So not only is there no real barrier to entry, there isn’t really a good reason to believe anyone would ever offer to purchase the technology. There is nothing stopping Google from adding Google Translate to Google Talk or Microsoft from adding translation to Messenger or Outlook like they did with Internet Explorer 9.
     
    I cannot stress this strongly enough, but in my opinion, there is no company anywhere that will purchase Ortsbo (listing on an exchange is a different matter) because it would cost far less than the company’s current market cap  and probably closer to $25,000 (that’s thousand not million) for someone to recreate this entire “technology” using these freely available APIs. 
     
    Surely this report will be brought to the attention of Intertainment’s CEO Mr. Lucatch. In further reports we will further support our thesis with other evidence that things may not be as they seem with Ortsbo. Clearly the Company does not appear to have been 100% forthcoming with users, investors, or Google for that matter, about the source of its translation technology.  I would ask why not?  There wouldn't be anything wrong with using the translation API if they disclosed it, as required, to users and investors.  Lack of disclosure always makes me nervous.

    Mr. Lucatch, in response to Google shutting down several of its APIs (including Google Translate), posted several times on the Ortsbo Facebook page that "... the announcement by Google does not affect Ortsbo." If Mr. Lucatch could please explain how this is true, given significant evidence to the contrary, it would be much appreciated. To be clear, if Ortsbo switches to a different translation API or creates its own, then we would consider it to be "affected" by the announcement.

    Just to be clear, as I mentioned at the beginning of this posting, being short, I have continued to look for reasons why I may be wrong, and if I found something, I would happily change my position on this blog and the Fund's position to avoid losses. Once again, I am available to be convinced as such. If convinced, I would happily even consider reversing the Fund's position.
     
    The Fund I work for is short the stock and actively trades it.
    Stocks: ITMTF
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Comments (17)
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  • tbone23
    , contributor
    Comment (1) | Send Message
     
    Great article. I'm a relatively small time investor- I wish I could short this but alas, I'm not allowed. I attempted in vain to warn some of these poor saps on the stockhouse bb, you can lead a horse to water... There was also some controversy about 2 months ago regarding their facebook "likes" possibly being paid for through a "like" farm service such as fanbullet. I would like to see your take on this.
    30 May 2011, 01:22 PM Reply Like
  • ericthebull
    , contributor
    Comment (1) | Send Message
     
    This concludes nothing but speculation! Are you sure Google didn't also license from SaaS Technologies?
    30 May 2011, 01:23 PM Reply Like
  • TaiwaneseChallenger
    , contributor
    Comments (2) | Send Message
     
    Very good article. I bought INT way back at 10 cents and have NEVER been able to get ortsbo to work properly. I live in Taiwan and am fairly competent with a computer (I started programming with an Apple II+) so when I couldn't get it to work in 3 different countries on 4 different computers running at 3 different broadband speeds, I sold my shares during the first run-up. Smells like another Bre-x to me.
    31 May 2011, 01:54 AM Reply Like
  • investor20
    , contributor
    Comment (1) | Send Message
     
    INT is going to be like every other David Lucatch endeavor. Big run up by issuing 10 press releases a week and then the inevitable crash and burn. This guy has never created anything substantial. I would love to see him investigated by the OSC.
    1 Jun 2011, 08:45 AM Reply Like
  • togirl
    , contributor
    Comments (2) | Send Message
     
    IIROC suspends Nicholas Abe of Magna Partners Ltd.

     

    Toronto firm ordered to cease dealing with the public

     

    Monday, August 16, 2010

     

    www.investmentexecutiv...
    1 Jun 2011, 11:09 AM Reply Like
  • vanman888
    , contributor
    Comments (2) | Send Message
     
    I strongly degree with you.
    First, Is it really matter that Ortsbo use google API or Microsoft API? As long as it works, it's fine.
    Second, you said it is easy to program and put those platforms ( actually 12) together, why there is no other similar product in the market? Why didn't mcirosft add the translator service to outlook so far?
    Third, from the latest financial reprort, the amout of share is 178 million, where did you get 300 million?
    1 Jun 2011, 04:34 PM Reply Like
  • Nick Abe, CFA
    , contributor
    Comments (25) | Send Message
     
    Author’s reply » The 178 million likely refers to average shares outstanding during the period, a useless measure. You need to look at shares outstanding at the END of the period plus the deep in the money warrants. The total is very close to 300 million before calculating in the latest financing.
    3 Jun 2011, 12:21 PM Reply Like
  • vanman888
    , contributor
    Comments (2) | Send Message
     
    I strongly disgree with you because you already provide false and wrong information in first two comments.
    Why did you so care about Ortsbo uses google API or not? It doesn't matter it use google API or microsft API, or his own API, as long as Ortsbo works, it fine.
    You said it is so easy to put those platforms together, actually 12, why there is no other similar product in the market? Why didn't Microsoft add the translator service to outlook yet?
    As the spokerman with Gene Simmon and Steve Nash, with 20 million non privat financial, do you think those guy are dump and stupid?
    From the latest financial report, the amount of the share is around 180 million, where did you get over 300 million?

     

    Please if you want to be honest, give us all the true infomation, not bent and mix with the false one.
    1 Jun 2011, 04:38 PM Reply Like
  • Nick Abe, CFA
    , contributor
    Comments (25) | Send Message
     
    Author’s reply » "Why didn't Microsoft add the translator service to outlook yet? "

     

    Outlook has a built in translator already. Search "outlook translator" in Google and it's the first result. In Outlook 2010 you can translate e-mails (outgoing or incoming) by using their built in translating functions.
    3 Jun 2011, 02:48 PM Reply Like
  • Rectalabe
    , contributor
    Comments (4) | Send Message
     
    Speaking of being investigated seems like our Mr.Abe is no stranger to this:

     

    A hearing panel of the Investment Industry Regulatory Organization of Canada has suspended the membership of Magna Partners Ltd. as an IIROC regulated firm until certain conditions are met and ordered that the firm cease dealing with the public.

     

    Magna Partners, a Toronto based Limited Market Dealer providing private and public companies with capital raising and advisory services, consented to the order.

     

    The suspension followed an expedited hearing held on August 13 in Toronto.

     

    The firm’s membership is suspended until such time as a qualified chief compliance officer is approved by IIROC.

     

    During the period of suspension, Magna will be permitted to liquidate any existing inventory long positions and repurchase any existing inventory short positions.

     

    On February 12, 2010, the Ontario District Council of IIROC approved the acquisition of 100% of Magna Partners shares by Robert Sheldrick, subject to the condition that if the existing chief compliance officer, Nicholas Abe, resigned or was terminated Magna Partners was to cease all registrable activity until a qualified CCO was approved by IIROC.

     

    Abe terminated his relationship with Magna Partners and ceased acting as the CCO on July 5.

     

    Magna continued to conduct registrable activities without a qualified CCO until July 28.

     

    On August 3, the firm agreed to cease all registrable activities until a qualified CCO is approved by IIROC.

     

    IE

     

    Read other news from our From the Regulators Section
    2 Jun 2011, 01:34 AM Reply Like
  • IIStreet
    , contributor
    Comments (2) | Send Message
     
    Very interesting read Mr. Abe. I'm long on this one but take your concerns seriously. I just read both of your articles so I'll address both posts here.

     

    I think it's important to point out that the technology isn't really important - despite what some people claim. Someone could duplicate it - true. Someone could also duplicate facebook fairly easily the reason they don't is that no one would ever switch from facebook to a new site since facebook is established. It also takes incredible time and investment to grow a user base for something like Ortsbo that many companies would rather buy then build. That's why the user numbers they've released are so important. I do, however, share your concerns about where those users are coming from. Are they returning users or are a lot of them stopping in to try the technology and leaving?

     

    Those of us who have been around for a while know that what tends to happen is that a spike in users also causes a spike in bounce percentage, reduced engagement time/user etc. But as is obvious from the numbers and has been pointed out by the company after spikes they tend to see returning users spend a higher amount of time engaging with the website and bounce percentage decreases (until another spike in users). This tells me that a substantial number of the users are returning users.

     

    Is there a better way to track users? Perhaps. But it may just be that google analytics doesn't track what you're looking for. That I don't know. The lack of registration process makes it difficult to track returning users I suspect. The number of people that sign up for the outlook plugin will certainly be of interest I think as that is essentially a registered user.

     

    Onto the technology and the revenue potential (or lack thereof). In the short term I agree. I don't think we'll really start to see revenue until the end of 2011 or the beginning of 2012. The ad revenue from Ortsbo likely wont be substantial in the medium term - the real potential is in driving that Ortsbo user base to purchase mobile apps, outlook plugins etc. And of course with a user base comes takeover value. If there was no value in the technology as you say why did they receive a $30 million offer only months after release? There wasn't even a substantial user base at that point. There must be something proprietary or of value.

     

    As you've shown it does look like they use the google API (which I don't think really matters personally - no point in creating something new if it's available for use or license). But I am slightly concerned about the fact that it will be shutting down and their lack of compliance with listing that information. I suspect they will be able to switch to a different API if necessary or perhaps they are working on a licensing agreement with google but it does raise a few questions in my mind:

     

    1) They've been talking about creating a language wiki that will help them improve translations. If they simply use an API do they have any control over the actual translations? From what I understand they wouldn't actually be able to change anything.

     

    2) In this [finance.yahoo.com/news...] NR they said they created their own API to be used on gaming sites, dating sites etc. What does it actually do? Are they simply offering a programming service to use the google API and adapt it for a website similarly to how they created Ortsbo?

     

    3) On the google translate API site it says "...the number of requests you may make per day will be limited" if the number of requests is limited will that limit Ortsbo's ability?

     

    I would agree that it is somewhat misleading to claim that Google shutting down their API will not effect Ortsbo if Ortsbo has to switch API's. I think it's also questionable to use the following in a NR if you rely on the google API: "at a time when organizations like Google are reporting the closing down of its popular Translate application programming interface, Ortsbo (ortsbo.com), the real time language translation platform, is increasing its global social media distribution...". It kind of implies that Ortsbo will benefit from that closure at a glance (though if you read it carefully it really doesn't say that at all).

     

    On the topic of TOS compliance and general google API usage I think there is some clearing up to do on the companies side. I'd like to know where the translations are coming from (google or otherwise) and they need to reassure investors that they are following google's TOS and they wont have any issues offering paid products.

     

    The one other thing I would mention is that I think the companies other subsidiaries were held back by a lack of capital. With the recent financing it's possible that they will be able to push Itibiti and AdTaffy to new heights. Knctr has 664,000 downloads as of today (really wish they'd release more detailed usage numbers though - I do question what that download number means currently). AdTaffy is just starting to enter the marketplace and is finding new and innovative ways to integrate into online advertising, websites etc. They aren't being held back by spending restraints anymore. Big news for either one could be bad for your short position.

     

    So in summary, you've certainly raised some questions in my mind. At the end of the day though - users are king. The company is in early stages. If, however, it's true that Ortsbo has 16 million monthly active users and growing that does carry value. I don't know what that value is and I suppose that's the big question. But at $1 I think there's a lot more upward potential then downward potential. At $3 you'd probably be right to short... but if you're still shorting at today's price - you're gutsy.
    2 Jun 2011, 09:40 PM Reply Like
  • Nick Abe, CFA
    , contributor
    Comments (25) | Send Message
     
    Author’s reply » Thanks for your thought out response. The one thing I would say though is, as you admit, it seems like they have been less than honest on every aspect of the technology front. In fact extremely promotional would fit the bill better. So why believe they are doing anything less than the same on the user front?

     

    Any data they release does not support their contention of having 50 million users or even 1 million. I will get into it more later, but these supposed "users" (if they exist) are not users of Ortsbo... they are users of MSN (or Facebook, or whomever)... meaning if there truly was value in translation these companies could simply do it themselves and retain all their existing users. Why would Microsoft or Facebook or anyone buy Ortsbo when they could just plug in an API to their pre-existing software and user base?
    3 Jun 2011, 12:18 PM Reply Like
  • IIStreet
    , contributor
    Comments (2) | Send Message
     
    The end question about MSN/Facebook etc. plugging an API into their chat service is something I have been concerned about in the past. I don't have an answer for you to be honest. That said - the value isn't in translation as you keep saying - the value is in the user base. If MSN added translation would people switch from AOL to MSN? I doubt it.

     

    Since you can use Ortsbo with your existing chat accounts it is a site you might go on if you need to translate - it isn't a replacement for those chat accounts it's an addition. It certainly is a niche market largely focused in Europe/Asia. In the current growth stage I'm not concerned with how they have it setup but I would agree if they're serious about selling it in the future they'll have to change to some kind of registration process to more accurately track users.

     

    As I've looked at the numbers closer the "online sessions" number is a bit concerning. They have about 1.5 sessions for every 1 unique user so that would support your assertion that there are few returning users (some of the unique users will have reset cookies or used multiple computers so the users number is probably high and so the sessions average is probably a bit low).

     

    All that said - even if they only have 500,000 committed users (which I think is low) there is a great opportunity there to sell them tablet apps, mobile apps, an outlook plugin etc. I'm not someone who uses translation a lot - but I can honestly see value in the new "O2O" when traveling as it would very conveniently solve the language barrier I've personally experienced in Europe and South America. Revenue is probably 12 - 18 months out though so it is a speculative investment to say the least.

     

    Regardless, you've certainly given me something to think about.
    5 Jun 2011, 12:46 PM Reply Like
  • Nick Abe, CFA
    , contributor
    Comments (25) | Send Message
     
    Author’s reply » See what I am saying is a bit different. Pretend there is a huge revenue opportunity here (there isn't), the companies that actually have the users are MSN, Facebook, etc. So if Ortsbo made $100 million in a year, why wouldn't MSN just add translation to their app (Facebook et all too)? Doing so is trivial and it would completely remove any need for ortsbo.

     

    Bottom line is even if they had users, those users would likely prefer to do their translation natively in the IM of their choice. Since Ortsbo doesn't own the IM or the translation... Where is the value proposition for users or investors?
    5 Jun 2011, 05:58 PM Reply Like
  • scorpionjonny
    , contributor
    Comments (2) | Send Message
     
    ABE, are you calling this guy a liar? (re: 3rd paragraph)

     

    “Ortsbo Translation Software Review”
    Source: Mobile Magazine | May 9, 2011 | by Silvia Pikal

     

    Intertainment Media acquired mobile software and app developer, Commobility, on April 13, 2011 to expand their business into the mobile and portable computing areas. Intertainment Media intends to release a mobile version of their Ortsbo translation software, a desktop application that integrates with platforms like MSN and Facebook to translate conversations in real-time.

     

    The Ortsbo iPhone app is currently undergoing review to be available on the Apple App Store. The Commobility and Intertainment Media teams are also working on apps for platforms including Android, BlackBerry and Windows Phone, which are scheduled to launch summer 2011.

     

    Some of you might be thinking, why use Ortsbo when Google Translate does the same thing? Well, it’s not quite the same. From my personal experience, which has been trying to translate Croatian into English and Spanish into English, the translation strays so far from the original meaning it’s often incomprehensible. As well, with Ortsbo, you don’t have to waste time copying and pasting your words from Google Translate, as the translations go right into Facebook or MSN’s chat window. With Ortsbo, speaking a different language happens with the push of a button.
    ...
    5 Jun 2011, 03:45 AM Reply Like
  • scorpionjonny
    , contributor
    Comments (2) | Send Message
     
    Your allegations are unfounded based on little or no facts... but first this:

     

    MR. ABE, are you calling this person a liar?

     

    “Ortsbo Translation Software Review”
    Source: Mobile Magazine | May 9, 2011 | by Silvia Pikal

     

    Intertainment Media acquired mobile software and app developer, Commobility, on April 13, 2011 to expand their business into the mobile and portable computing areas. Intertainment Media intends to release a mobile version of their Ortsbo translation software, a desktop application that integrates with platforms like MSN and Facebook to translate conversations in real-time.

     

    The Ortsbo iPhone app is currently undergoing review to be available on the Apple App Store. The Commobility and Intertainment Media teams are also working on apps for platforms including Android, BlackBerry and Windows Phone, which are scheduled to launch summer 2011.

     

    Some of you might be thinking, why use Ortsbo when Google Translate does the same thing? Well, it’s not quite the same. From my personal experience, which has been trying to translate Croatian into English and Spanish into English, the translation strays so far from the original meaning it’s often incomprehensible. As well, with Ortsbo, you don’t have to waste time copying and pasting your words from Google Translate, as the translations go right into Facebook or MSN’s chat window. With Ortsbo, speaking a different language happens with the push of a button.
    ...
    5 Jun 2011, 03:45 AM Reply Like
  • mukahiya
    , contributor
    Comments (3) | Send Message
     
    STAYING THE COURSE
    A stock like INT is not for the faint of heart nor for those that are
    easily swayed and shaken.
    It is, in fact, a bona fide Fantasy Park roller coaster ride.
    Some of us are thrilled by the action and wave both hands in the air despite s curve deviations and sharp downward and upward spikes that trigger g-force momentum.
    Some of us hang on with both hands gripping the bar with ferocity and tremble and shudder with intensity at the crazy gyrations but hang on none the less.
    Some just scream for the emergency brake release and let go...
    Others don't even make it on the ride.
    Risk vs Reward.
    Where are you in the cycle?
    Do you have faith and belief that this company is at the start of building a social media empire and is currently in expansion mode and ready to don the cloak of globalization?
    Do you believe in the power of digital media and it's ever progressing march to render humanity intoa global village populated by netizens?NFC
    Lo and behold, this story is being told.
    Intertainment Media is the vanguard for this technological march of progress.
    They are creating social media products and social media tools that enhance anything related within the context and boundaries of social media.
    Game changing, star-trek like, next generation ideas put into real life, real time application.
    How far can this company go?
    Some wise, sophisticated people are betting that there's still a long road of glory still ahead.
    Tens of millions of dollars are being proffered on INT's social media altar.
    In the world of stocks, liquid capital is the edge that hones greatness by organic growth or acquisition.
    This company has it all to get to the next level and then some.
    They've got the products, the brain trust and now the trust funds provided by trusted investors with trusted faith in the company.
    Faith is the assured expectation of things hoped for, the evident demonstration of realities not yet beheld.
    There's a lot of people that believe in this company.
    Their faith has been tested and many have stayed firm with steely resolve.
    Could this be the one stock that people only dream about?
    Could this be that once in a lifetime shot at exponentially increasing one's net worth?
    Could you be one of those that has the faith and stays the course?
    Referring back to my earlier illustration, I'm inclined to let it ride.

     

    KEEPING THE FAITH,
    10 Jun 2011, 03:09 AM Reply Like
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