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Wednesday, May 30, 2012


Are you communicating?

Or are you just making noise?

The world is still a big place even when you consider how many open lines of communications there are between countries and cultures at any given second throughout the day. Things move fast and so does your business and private life. From on line dating to ordering product around the globe we need to reach out to someone who may not have the same first language that we do. I speak a couple of languages but this only narrows the gap when I am travelling internationally.

We used to use a telegraph to get message across the pond not too long ago. Now we can instantly tap in to an on line service that ties us in instantly with anyone in any country to fulfill our business or personal needs. Even if your not travelling the globe selling your product you may even want to plan that dream trip to a foreign country and want to book things on your own. I could spend all day coming up with ways you could use the services provided at Ortsbo's on line translation site.

With millions of unique users joining the site each month this has become a global phenomenon and the need to communicate is far reaching. Wars have been started through a break down in communication. We all have the need to communicate and reach out to one another and this brings the world just a little bit closer. Instant translation, wow that's hard to believe. It sounds like science fiction but it's here, right now.

Intertainment Media Inc has helped provide the tools you need to expand globally and tear down the language barrier. See for yourself what everyone is talking about at http://www.ortsbo.com/


ORTSBO, any language, anywhere, anytime.

Ortsbo's initial focus has been to create social engagement and commercially leverage US entertainment and pop culture markets on a global basis and work with leaders in the industry to effectively create multi-language business opportunities. To date, Ortsbo has successfully run events with Disney, Dreamworks, Marvel, KISS, IndyCar, Clear Channel, Variety, Fox, Yahoo!, MSN and other major brand partners. Given the strong US interest for Ortsbo's and Intertainment's investment portfolio companies, management feels, in consultation with its lead financial advisor, M Partners, Inc., that the value proposition of a US listing may potentially provide greater value for all stakeholders.
Ortsbo now has over 162 Million unique monthly users, growing by over 55 Million users in the past 90 days and continues to move towards sustainable revenue with defined commercial opportunities in social media, broadcast communications, global customer care and ecommerce programs with major brand partners.
Ortsbo's business development team in the US, Canada and now Europe are working with major brands to identify their global opportunities to increase revenues and customer satisfaction experiences with the use of Ortsbo's proprietary services platform. Additionally, recent changes to the US Federal Communications Commission's regulations with respect to accessibility through closed captioning and online intellectual property have opened up a number of opportunities with major entertainment studios.
Ortsbo has now been engaged in pilot programs for proof of commercial concept with several global brands. Some of these programs are expected to be made public in the near future and will potentially provide the Company with sustainable revenue programs from which to grow its overall commercial business platform.
As the Company currently awaits final approval for circulation of its materials to hold a special meeting of shareholders and has publicly disseminated a proposed date of June 14, 2012 for such meeting, the Company will move ahead, at this time, with a presentation to shareholders, providing an interactive forum to present and discuss the Company's progress with interested parties and allow parties to engage with management.
The meeting on June 14, 2012 will be held at:
Hilton Toronto/Markham Conference Centre                                    
8500 Warden Avenue                                                          
Markham, ON                                                                 
L6G 1A5                                                                     
Markham Ballroom                                                            
Meeting time: 9:30am - 11:30am                                              

The Traders Digest was not compensated for publishing this article and the statistical content was taken from the Intertainment Media Inc site and people are urged to verify numbers and facts for themselves before investing.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.




Asantae Releases Q1 2012 Results
  • Q1 2012 Sales Increased by 270% to $874,272 over Q4 2011
  • Q1 2012 Gross profits increased to 74% from 35% over Q4 2011
  • Company re-iterates record revenues and profitability in 2012
VANCOUVER, BC and MESA, AZ, May 30, 2012 /CNW/ - Asantae Holdings International Inc. (TSXV: JVA, OTC: ASNHF) ("Asantae" or the "Company"), a producer and marketer of innovative nutritional products through a network of independent distributors today announced the filing of its quarterly financial statements and related management discussion and analysis for the period ending March 31, 2012, which are available under the company's profile on SEDAR at www.sedar.com.  All figures are in U.S. dollars and were prepared in accordance with International Financial Reporting Standards (IFRS).
A summary of the financial results is below:
Sales for Q1 2012 were $874,272, as compared to $567,788 for Q1 2011 and $324,435 Q4 of 2011 (an increase of 54% and 270% respectively).  The increase in Q1 revenues is largely due to the launch of the company's new weight-loss product, RealW8™.
Gross Profit for Q1 2012 was $648,325 (74% of Sales) as compared to $287,760 (51% of Sales) for Q1 of 2011 and $114,587 (35% of Sales) for Q4 2011.  The increase in Gross Margins is a direct result of improved RealW8™ margins and increased efficiencies in the supply chain as well as a more favourable sales mix.  Essentially, the company is selling more RealW8™ than lower margin products.
Operating expenses for Q1 2012 were $909,520 as compared to $1,272,120 for Q1 2011 and $1,003,724 for Q4 of 2011.  This reduction in operating expenses was a result of management's strategic restructuring efforts to reduce overhead and improve efficiency.
Net comprehensive loss for Q1 2012 was $269,603 as compared to $983,484 for Q1 2011 and $1,029,964 for Q4 2011.
"We are very pleased with our financial performance in the first quarter of 2012," stated CEO Dan Lundell. "This Quarter was the first demonstrable evidence of the success of our 'Asantae 2.0' re-structuring and represents a turning point for Asantae. In January we officially launched our flagship weight loss product RealW8 and the adoption of this exciting product by our network of independent affiliates has exceeded our expectations.  We are now well positioned for continued rapid growth and profitability."
Outlook for Second Quarter and Fiscal Year 2012:
Asantae re-iterates guidance for record revenues in fiscal 2012 and profitability in Q2 and beyond.
For additional commentary and analysis, please refer to the Company's Q1 Management Discussion and Analysis as filed on SEDAR on May 29, 2012.
About Asantae
Asantae Holdings International Inc. (www.asantae.com) is a producer and marketer of innovative nutritional products through a network of independent distributors (Asantae Independent Affiliates).  Asantae's flagship product RealW8™ addresses the primary threat to public health in the industrialized world; overweight and obesity.  Asantae's approach to this threat is based on a body of research related to the brain chemistry of addiction, chronic low-grade inflammation and oxidative stresses which, according to scientific and medical research, are the underlying conditions for most modern epidemic diseases (obesity, heart disease, diabetes, stroke, some cancers, etc.).
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.
Forward Looking Statements - Certain information in this news release is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions.  This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions, including the listing and trading of the Company's common shares on the Exchange.  The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information.  The forward-looking information in this news release describes the Company's expectations as of the date of this news release.  The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events.  Material factors which could cause actual results or events to differ materially from such forward- looking information include, among others, the Company's ability to develop new products which will receive market acceptance, to receive market acceptance in new markets outside the United States, to engage and retain qualified key personnel, employees and affiliates, to obtain capital and credit and to protect its intellectual property rights.
The Company cautions that the foregoing list of material factors is not exhaustive.  When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.  The Company has assumed a certain progression, which may not be realized.  It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events.  However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.  READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.  WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.
Asantae Holdings International Inc. 
Dan Lundell, CEO/COO
danlundell@asantae.com
10153 E Hampton Ave, Ste 101, Mesa, AZ, 85209 USA
Phone: 480-278-8712 / Fax: 480-383-6147
Sequoia Partners Inc.
James Beesley
james@sequoiapartners.ca
Phone: 778-389-7715
Adam Rabiner
adamr@sequoiapartners.ca
Phone: 604-868-7881
 

Healthcare and Aging: The Innovation Imperative

Healthcare and Aging: The Innovation Imperative
For most of us, a quick glance in the mirror is all it takes to confirm the obvious – Canada is aging. Not only are Canadians getting older, they are also living longer. The implications for a healthcare system already burdened with serious issues such as long wait lists and new, expensive procedures is obvious – innovate and make better use of scarce resources, or be prepared to pay an unsustainable price. Thomas Braun tracked and recognized the impending healthcare squeeze, and decided to develop technologies that save the health care system time and money while helping patients. His company, Verisante Technology Inc., offers cancer detection technology that helps determine whether a skin lesion is cancerous or benign in less than a second, providing immediate diagnosis, better patient outcomes and reduced waiting times. It’s a win-win-win for healthcare, and a harbinger of the technologies needed to help overcome the looming challenges facing Canada. Join Mr. Braun as he charts the hazardous course that Canadian healthcare is on and offers his prescription to speed clinical processes, move procedures away from overworked specialists to general practitioners and technical staff, and develop technologies that drive required change.