Looking back, I wonder who made the offer to buy ortsbo for 30m. Why weren't there any subsequent offers?
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32029574&l=0&r=0&s=INT&t=LIST#Sc3PLSGBwXUsRrjP.99
MH the fist buy offer came for $30 million 3 months after it was launched by an undisclosed publically traded company.
July 22, 2010 - Intertainment Media Inc. announces, together with partner Hale Technologies Inc., the launch of Ortsbo ("Ortsbo") the world's first, multi-client, multi-conversation, real time translation platform for social media and email. Available today as a beta client at www.ortsbo.com, it allows people to chat in real time in over 50 instantly translated languages with their friends, colleagues and family using the world's leading social media platforms including Windows Live Messenger, Facebook, Google Talk, and other popular systems reaching over 1 billion people. Ortsbo is also available as an email plug in module for Microsoft Outlook.
Ortsbo is a partnership between Intertainment Media Inc. and Hale Technologies Inc. Developed initially as a web application and an email plug in using Microsoft's Silverlight platform, Ortsbo is currently being enhanced for desktop, mobile and console applications.
First Offer for Ortsbo.
September 21, 2010 – Intertainment Media Inc. announces that its social media, real time, translation platform, Ortsbo, has received an unsolicited initial offer from a North American investment firm to facilitate the purchase of 100% of Ortsbo Inc. for $30 Million USD by a US publicly listed company.
Second Offer for Ortsbo.
February 8, 2011 - Intertainment Media Inc. announces that its social media, real time, translation platform, Ortsbo, has received an offer from Beverly Hills, CA based Lion Gate Capital Inc. ("Lion Gate"), a private investment group, to facilitate the US public listing of Ortsbo.com.