AAAIRMAX
13 years ago
Lots more phone calls being made online
By Doug Gross, CNN
May 31, 2011 -- Updated 1624 GMT (0024 HKT) | Filed under: Web
(CNN) -- Online telephone calls have seen a big jump in popularity in the past couple of years, according to new survey numbers.
After years of modest use, nearly one-fourth of all American adults who use the Internet say they have made a Web-based phone call, according to the survey by the Pew Internet and Amercian Life Project.
The results come in the wake of the news earlier this month that computing giant Microsoft had bought popular Web chat tool Skype for a staggering $8.5 billion.
According to a Pew report, 24 percent of online U.S. adults have placed calls online. That's 19 percent of all adults in the country.
On any give day, 5 percent of the Web's users are making phone calls using services like Skype, Vonage and Google Voice, according to the results.
Both of those numbers are up sharply from the last time Pew, which explores the impact of the Internet on American life, asked a similar question.
In 2007, Pew reported that 8 percent of internet users had made a call online and 2 percent did so on any given day.
Earlier in the 2000s, several surveys suggested that no more than one-tenth of users made calls and that never more than 1 percent did so each day.
According to the recent survey's results, men and women are pretty much equally making the Web-based calls. The most frequent callers (27 percent) are in the 18-29 year-old age group and users 65 and older are least likely (18 percent).
Hispanic users had the highest percentage (27 percent) saying they make Web calls, with 21 percent of both black and white respondents saying they do so.
The poll, of 846 internet users, was completed last week. It has a margin of error of +/-3.7 percent.
CAN YOU SAY RIGHT TIME RIGHT PLACE.....KNCTR
****
Step Aside SKYPE for KNCTR the new Kid on the block INT.TSX.V
Frank Tabbert won the Stock Challenge once!
Written by Frank Tabbert5,183
March 23, 2011
http://www.pinnacledigest.com/blog/frank-tabbert/step-aside-skype-knctr-new-kid-block-inttsxv
otterman
13 years ago
Over 664,000 Unique Installations in North America for Intertainment's KNCTR
Thursday, June 02, 2011
NEW YORK, NEW YORK and LOS ANGELES, CALIFORNIA and SAN MATEO, CALIFORNIA and TORONTO, ONTARIO--(Marketwire - June 2, 2011) - Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announces that its desktop app KNCTR® (pronounced "Connector") – www.knctr.com a key program of Intertainment's wholly owned division itiBiti Systems Inc. (www.itibiti.com) is now counting over 664,000 unique installations in the North American market.
KNCTR® saw 79,622 unique installations throughout North America over the previous week period and the program increasingly continues to be part of consumer's daily digital consumption pattern with an average of over 13.3 minutes of daily active user engagement. The active user engagement continues to make the premium advertising supported KNCTR® model a key tool that features video content, integration of social media and the ability to make FREE long distance phone calls to cell phones and land lines to anywhere in North America.
KNCTR® is the next generation of social communication and entertainment applications that allows users to aggregate their social media(s) and voice services into one location on their desktop. Unlike Skype, the telephone feature on KNCTR® is completely free to the consumer allowing FREE local and long distance calls to mobile phones and land lines. KNCTR® is a premium advertising model that allows for branded sponsorship, pre-roll and display advertising opportunities for brands and service providers alike.
With the projected impact that tablets will have on the personal computing space, with over 50 million units to be sold within the next two years in North America alone, KNCTR® is positioned to enhance the functionality and usability of these devices by allowing them to become a fully functioning phone unit.
"Week over week we are continuing to see significant growth in our new installation base for KNCTR®," said Brad Parry, CMO Intertainment Media Inc., "The level of engagement and sharing is notable as we continue to see KNCTR® becoming a core element in the consumer's daily digital habit."
Notably, the itiBiti desktop app has been hailed by Microsoft Corp. as "the next generation of integrated social media applications - easy, scalable and fun."
Full details of news coverage can be found at the Intertainment web site – www.intertainmentmedia.com.
To become a Facebook Fan of itiBiti, sign up at http://www.facebook.com/itibitisystems.
To become a Facebook Fan of KNCTR®, sign up at www.facebook.com/knctr.
Follow itiBiti Systems and KNCTR® on Twitter.
About KNCTR: www.knctr.com : The KNCTR® app enhances the user experience by delivering a variety of new, fresh and daily content including Celebrity News and Information, Movie Trailers, Automotive Reviews as well as Technology Reviews. KNCTR® app is FREE to download & use, opening full-screen on the desktop as soon as the computer is turned on. With just one tool, consumers now have immediate access to fresh content, premium services, and no-cost communications features. Users can talk for free with friends and family across North America, stay connected with built-in social media favourites, sample a wide selection of news & information feeds, access on-board MSN Live Services with Bing Search, enjoy VIP access to the latest client promotions, updates and more.
About itiBiti: www.itibiti.com : itiBiti provides global brands with the unprecedented ability to power their marketing efforts within a unique, private-label social media platform. itiBiti offers users a rich suite of services in combination with brand client initiatives, and the power of Microsoft Live services. Please visit www.itibiti.com to learn more.
About Intertainment Media: www.intertainmentmedia.com Itibiti Inc. and Ad Taffy are divisions of Intertainment Media Inc., a Rich Media Applications leader, focused on delivering leading edge technology and marketing solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement. Selected as a Microsoft Global Agency Initiative partner, Intertainment has joined an elite group of interactive agencies worldwide that Microsoft recommends to its Partners and Customers.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com.
Headquartered in the Toronto, Canada region, with offices in New York, Los Angeles and San Mateo, CA, Intertainment Media Inc. is listed on the Toronto Venture Exchange under the symbol "INT" (TSX VENTURE:INT) and in the US under the symbol "ITMTF". Intertainment is also traded in Europe, on the Frankfurt Exchange under the symbol "I4T".
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
This release may contain forward looking statements within the meaning of the "safe harbor" provisions of US laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Intertainment Media Inc. does not assume any obligation to update any forward looking information contained in this news release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brad Parry, CMO
For itiBiti /Ad Taffy / Intertainment Media Inc.:
800-395-9943
info@intertainmentmedia.com
www.itibiti.com www.adtaffy.com
www.intertainmentmedia.com
ORSS / PR
Public Relations / Media Inquiries:
mcampe@sspr.com
www.sspr.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110602&archive=ccnm&slug=201106020701480001
AAAIRMAX
13 years ago
Intertainment Media Inc. President’s Message – Q3 Results
May 31, 2011
Corporate Updates
President’s Message – Q3
The quarter ended March 31, 2011 was a good quarter for Intertainment Media Inc. In previous quarters we had discussed the emergence from development to commercialization, but in this quarter we had the resources to fully enable our programs to impact growth. The focus for the quarter was investing in our program platforms to create user engagement for future financial benefit and as such we intensified our efforts to deliver shareholder value through the continued monetization of our growing user base.
This quarter began with a private placement that was required to provide capital for the Company to allow for a full implementation of the commercialization of Ortsbo, itiBiti and Ad Taffy.
Management and its Board held a continued and unwavering belief in the platforms and programs even in light of the Canadian investment marketplace’s pension for slower adoption of social media initiatives compared to the US where the value and power of social media is realized at a much quicker pace. As such, the financing prospects in early and mid-January were limited and, as CEO, I believed that it was my duty to show my certainty in the Company and its direction by leading orders for the first round of the private placement. We closed the first tranche of our CDN $3,000,000 private placement in mid-January.
The first round closing of the private placement allowed us to continue to support those early positive results that were being realized by the Ortsbo performance. In late January, the Globe and Mail published an article in which Intertainment Media was selected by a leading hedge fund manager as one of the top technology picks for 2011. The same day, we released our current numbers for Ortsbo comparing growth between Facebook and Ortsbo and that Ortsbo was outpacing Facebook’s early years’ growth. This combined with the Globe and Mail article gave us a high level of visibility to the investment community and by the end of January, our second tranche of our $3 MM financing was oversubscribed.
This private placement allowed the Company to settle outstanding accounts payable, accrued interest, and other items that had been delayed due to the working capital deficit. With continued positive market momentum on the Ortsbo results, the company realized an additional injection of capital through the execution of outstanding options and warrants from previous capital raises.
Our objective was very simple – growth! As with all social media platforms whether it’s Facebook, Twitter, YouTube, LinkedIn or others, the first step is to build critical mass and to do that, you need to invest to drive consumers to your site, increase branding activities and overall marketing to increase share of voice. This is an expensive endeavour, but when done correctly, it can result in key organic and viral growth. This growth and investment in building a solid user base has been tantamount in our success in attracting top tier advertisers, agencies and brands Agencies, networks and advertisers who have been testing the system and we have seen positive results and new business opportunities arise. While the initial quarterly financial results are not significant, the ability to provide a proven stable environment for advertisers showcases the value that Ortsbo and itiBiti offer as communication distribution mechanisms and will result in greater economic performance for these divisions.
It is important to note that most major social media programs have taken years to achieve the current levels of our programs. Facebook is almost 7 years old, Twitter almost 5 years old while Ortsbo, by the end of this quarter, was only 8 months old. Ortsbo has accelerated swiftly having passed our first year estimates and second year estimates very quickly. This accelerated success did not go without challenges; the pace of growth did put a strain on our technology, support and development cycles. As such, investment was required to bolster the development and technology environment and allow us to stay in step with the growth.
As we analysed the market for language on the Internet, we found that the majority of users on the Internet did not speak English. This provided an opportunity and a challenge, as the growth opportunities were exceptional globally, but the revenue opportunities would need to be cultivated as international advertising is much more difficult to engage than North American advertising alone. These areas would also need significant investment to manage and grow.
At the same time as we were growing Ortsbo, itiBiti was preparing to launch our own “house brand” KNCTR (pronounced “connector”) and Ad Taffy was beginning to commercialize and agency feedback required additional capital investment in the platform.
Throughout the quarter, Intertainment had received the capital to begin to fully execute on its mandate of growing the business without the pressures of raising capital. With the need to move quickly and effectively we undertook a series of initiatives to accelerate the pace of our divisional growth including bringing in the right people internally and exploring outside consultants to build brand and user value. We are working to turn years of marketing, brand and market acceptance into months, and we believe the initial results were worth the efforts and investment.
This quarter also saw a dramatic turnaround in our balance sheet, as we made significant strides in reducing debt and liabilities while increasing assets. Our Current Ratio since year end (June 30, 2010) has improved from 0.2:1 to 1.85:1, showing a healthy increase in assets and lessening of liabilities. This also required investment, as we had spent the past few years without the required working capital to move the programs forward.
By virtue of the investments we’ve made into our marketing, technology and development, we have seen significant increases in user traction in our programs, brand recognition, advertising testing and continued interest by the investment community, all leading to the key mandate of the management team which is to build shareholder value.
While some may comment that this was an extraordinarily expensive quarter, we will know that it was a time of great beginnings, allowing us to create a stronger balance sheet, accelerate growth, increase branding and program usage and increase overall shareholder value. We believe that this process of corporate stabilization with increased working capital and high growth will allow us to move forward with new investment, merger and acquisition opportunities, create new and long-term revenue opportunities and bring Intertainment Media to the world stage through the delivery of innovative and exciting products and services.
AAAIRMAX
13 years ago
We are on the same page, but it is clear that anyone with no shares or skin in the game has an agenda, no matter how cleverly disguised.
But for sure, he should at the very least back up his assumptions with more than feelings....
I retired from 30 years as a broker....and when it comes to junior companies, placing true value is just not possible, as it is all based on future opportunity.
So, you can not say that Technicals don't work here, nor can you say that it was not worth $3. and I say this with due respect otterman...because, the stock shot up and had a 50% retracement which is text book, it bounced off that number as it should, and now we have just re-tested the same level where it will find support. I am not a chart guy, but these few simple price points are where big money gets to work and usually not before. It works because they say it works, so they move prices to that point, unless interupted by something unexpected, like a particular news or event.
They priced Linkedin well above original target for IPO and then the market priced it double that again, so even though $3. could not have been justified, given fundamentals, it was based on appetite for Social Media, and the potential INT offers with continued solid growth ....
If the app for Outlook works and is accepted then $3 will only be a shadow on the trendline
Completely agree....early days.
Cheers
AAAIRMAX
13 years ago
I am not short. I post because I become outraged/enraged at some people profiting from others by using lies and fictions. I simply find it morally disgusting.
It's ironic, this statement....as this is exactly what he is doing, either for himself or for others. Obviously short and trying to profit using lies and inuendos...based on 'feelings',
The shares ran to plus three dollars, and then they corrected to the 90 cent range. they popped back up which was to be expected, and have since retraced, retesting that level. Stocks of all shapes and sizes will retest, and shorting will happen comfortably until that area is again reached...once there, which we are, shorts will cover and a new trend is established.
I will try and find an artical that explains this better and will post it. It's as common as buying and selling shares, and used by momentum players and technical analysis.
AAAIRMAX
13 years ago
Hi Jeanna,
This board is not active enough to continue posting here, but let me provide you with some thoughts on the 'knight in shining armour' that is trying to convince you to sell.
He owns no shares, so of all the thousands of junior companies out there, he decided to save all who would read his posts on this one. He does not specifically write to you, but for those who come on here.
INT has been in operation for many years and traded around the ten cent mark. They would do finanicing at their market price to continue operation, it is simply what companies have to do to survive. The fact that insiders bought many of those shares speaks volumes for their confidence in the long term.
They built what the consumers need in social media, and launched it. It was the market that took the shares to over 3.00, not the company. Look at Linkedin, as I suspect you have that came out with an IPO which was priced on the high side of the range and then quickly doubled.
The value of INT....this paid basher throws that out to you to cause you to feel insecure, who knows what the value of INT is based on growth, and future growth potential. Is Linkedin worth double what they thought when it went public? The market will establish the price, and I would want to have a piece of Social Media in my investment portfolio. INT has done nothing to cause the sell off, and they did nothing to cause the run up.
You bought with the right mind set, I would hold your shares.
When I called him a name, he took offense which surprised me, and then for him to suggest that 'what does it say about the company, for it's investors to...' not sure how he would make that leap....must be quite the life he has..
So hang tough, forget about watching the share price, and be patients as you were going to be. The company has been doing a lot of great things and keeping the investing public informed.
Today could be the big shake but I suspect today we end green.
Cheers
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IH Geek [Warren] (former)
12 years ago
Edgenation
13 years ago
