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April 26, 2015 1:36 AM ET

Software

Company Overview of Intertainment Media Inc.

Company Overview

Intertainment Media Inc. is engaged in developing, nurturing, and investing in technologies and social media platforms in North America. The New Media division offers Ortsbo, which enables real time cross-language communication experiences delivered as a cloudbased Internet software service to various languages and Internet end-points; and Yappn, a social media Website at www.yappn.com for people to meet, chat, engage, and consume content in various languages based on various topics, such as interests, brands, and activities in an environment that enables user engagement through rewards and other gamification features. Intertainment Media Inc. is headquartered in Richmond Hill, Canada.

30 West Beaver Creek Road

Suite 111

Richmond Hill, ON L4B 3K1

Canada

Phone:

905-763-3510

Fax:

905-763-6175

Key Executives for Intertainment Media Inc.

Founder,Chief Executive Officer and Director
Age: 52
Total Annual Compensation: $250.0K
President and Chief Operating officer
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2013.

Intertainment Media Inc. Key Developments

Intertainment Media Inc.'s TranzActive in Partnership with Yappn Corp. to Launch Wonring.Com

Intertainment Media Inc. announce that its language technology and services division, TranzActive, under its partnership with Yappn Corp. will be launching Wonring.com, a single online, mobile and app platform where users can connect to major social networks and engage in text and voice messaging in up to 67 languages. The technology is based in part on United States Patent No. 8,983,850 B2 granted on March 17, 2015 providing for a Translation System and Method for Multiple Instant Message Networks. Wonring.com, which is expected to launch in late summer 2015, will allow users on social networks to cross message, share information and create a host of commercial opportunities including flash sales, links to online stores as well as providing semantic technology integration for responsive advertising and related content programs all in multiple languages on up to 50 different networks with potentially more to follow. Through Wonring.com, users and brands will be able to connect multilingual Ecommerce stores and brand engagement programs allowing brands, merchants, non-profits and other organizations to engage in cross promotion over a multitude of social networks and languages. The Wonring.com platform is based on an original concept that facilitated the filing of the US Patent in which Intertainment Media was able to connect millions of people across the language barrier in real- time.

Intertainment Media Inc. Announces Earnings Results for the Second Quarter Ended December 31, 2014

Intertainment Media Inc. announced earning s results for the second quarter ended December 31, 2014. For the Quarter, the company reported revenue was $282,625 as compared to $105,135 for second quarter of 2014 representing an increase of 169%. In conjunction with the realization of the sale of assets, net income attributed to common shareholders was $197,161 for second quarter of 2014 compared to a net loss of $2,492,341 for second quarter of 2014 or an improvement of $2,689,502 as compared with the same period for the previous year.

Intertainment Media Inc. Auditor Raises 'Going Concern' Doubt

Intertainment Media Inc. filed its Annual on Oct 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

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