Subject: ITMTF to Make Big Sale. Important MJNA Interview Next Week

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ITMTF to Make Big Sale. Important MJNA Interview Next Week
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Company: Intertainment Media Inc. (OTCQX: ITMTF) (TSX-V: INT)

End of Day:

Price: 0.131

Change (%): + 0.001 (0.77)

Volume: 30,290

Intertainment Media Agrees to Sell Stake in itiBiti Platform

TORONTO, CANADA -- (Marketwire) -- 11/28/12 -- Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT) (OTCQX:ITMTF) (FRANKFURT:I4T) announced today that it has entered into a letter of intent to sell its stake in the itiBiti platform for a total value of 3.5 million dollars to a private technology group which is expected to provide up to 4.5 Million dollars in additional equity value in the form of system development and enhancements. The transaction will take the form of cash, debt conversion as well as equity participation and will provide Intertainment with a 40% equity stake in the operating company. This operating company will be managed by the private technology group owning a 60% stake and will undertake the day to day management, operations and development of the platform including the KNCTR application. The deal also calls for Intertainment to receive one board seat as well as a secured perpetual revenue share of 40% for the first 2 years and declining to 20% annually at year 5 and beyond from the independently managed operation.

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Hot Stock to WatchHot Stock to Watch

Medical Marijuana Inc. (Pink Sheets: MJNA)

End of Day:

Price: 0.093

Change (%): - 0.0012 (11.43)

Volume: 8,290,754
MJNA Chart

Medical Marijuana, Inc.'s President Ted Caligiuri, To Host Audio Interview To Discuss 3rd Quarter's Positive Financial Results, Growth In Company Revenue's and Market Opportunities

SAN DIEGO, Nov. 28, 2012 /PRNewswire/ -- Medical Marijuana, Inc. (MJNA) announced today that a new audio interview with Medical Marijuana Inc.'s President and CEO Ted Caligiuri (MJNA), a leading hemp industry innovator, will be available December 5, 2012. The interview will be hosted by SmallCapVoice and will cover 3rd quarter's positive financial results, the company's expansion and growth expectations through the remainder of 2012.

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Other Small Cap News

Company: XcelMobility Inc. (OTCBB: XCLL)

XcelMobility Launches Online Product Portal for Greater China Market

REDWOOD CITY, CA--(Marketwire - Nov 28, 2012) - XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company"), a leading developer of mobile internet products and services, is pleased to announce the launch of a new product website directly serving the greater China marketplace.

The function of the website provides a means for potential resellers, developers and consumers alike to review information and availability of our growing list of products including featured options and benefits.

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Company: Galaxy Gaming, Inc. (OTCBB: GLXZ)

Galaxy Gaming Featured at Raving's Table Game Conference

LAS VEGAS, Nov. 27, 2012 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCBB:GLXZ), the world's second largest developer, manufacturer and distributor of casino table games and enhanced casino systems, announced today it is a prime sponsor of the annual Raving's Cutting Edge Table Games Conference. This year's event is expected to have a record-setting attendance and will attract casino executives representing over 70 casinos from the United States, Canada and the United Kingdom. These attendees will participate in evaluating upcoming table games, table game products and enhancements.

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Company: MEDL Mobile, Inc. (OTCBB: MEDL)

MEDL Mobile Keeps You in the Loop With LiveHotSpot NYC

Mobile Leaders Release an iPhone and Android App That Helps Users Stay Dialed-In to The City That Never Sleeps

FOUNTAIN VALLEY, Calif., Nov. 28, 2012 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc. (OTCBB:MEDL) - a pioneer in the creation, development, marketing and monetization of mobile apps -announced today the release of "LiveHotSpot NYC," a New York nightlife app that connects you to the city's exclusive social scene. The app was created for LiveHotSpot, Inc. and is based on their LiveHotspot NYC website which has become very popular among the New York club scene.

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Market News

By Alex Crippen: CNBC

Buffett Expects 'Fiscal Cliff' Fix, But Not By December 31

Warren Buffett expects Washington lawmakers will come up with a compromise on the "fiscal cliff," but he's not sure that will happen by the end of the year.

He doesn't, however, think it will take several more months to come up with a fix and it won't be the "end of the world" if a compromise comes shortly after the December 31 deadline.

Buffett didn't outline a specific solution that he prefers, saying he could "go with any number of plans."

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By Angela Moon:

Wall Street set to open lower on "fiscal cliff" uncertainty

NEW YORK (Reuters) - Wall Street was set for a lower open on Wednesday, putting the S&P 500 on course for a third straight day of decline, as investors remained on edge given the lack of details on U.S. budget talks.

The decline came despite encouraging corporate news, including Costco's special dividend and a merger proposal for Knight Capital.

Investors will get readings on new-home sales and the Federal Reserve's Beige Book view of the economy later on Wednesday, but the market is mainly focused on the negotiations about long-term federal budget deficit reduction.

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