The value of Ortsbo is important, because its value will be transferred to
the holders of INT. Intertainment’s prospective spinoff of Ortsbo will
provide an immediate return on investment through the sale of shares, as
well as current market valuation for the portion of Ortsbo that is to be
retained by the company.
Intertainment intends to spinoff 20% of Ortsbo to current INT shareholders,
with 33% sold in an IPO while retaining the rest of Ortsbo as part of
Intertainment after the Company has completed the process for its U.S. listing.