13. In the same Press release (23.1.2008):
07/05/09 00:19
In the same Press release (23.1.2008) a deal with Hunan TV is
mentioned.
What is about this deal? What is about the 100.000 EUR per week that Antetime
announced to get from this deal? There is nothing about this deal in the accounts
although it should be ...
What is about this deal? What is about the 100.000 EUR per week that Antetime
announced to get from this deal? There is nothing about this deal in the accounts
although it should be ...
Answer:
The following factors have delayed the operation:
a The deal required for the company to provide sufficient working capital to cover the obligation of delivering goods. The Board originally secured this funding of the working capital via invoice factoring. The invoice factoring was based on the share price of the company which crashed.
b The current political climate between France and China is not a favourable one to assist the deal.
c Hunan TV is controlled by the communist party under the Chinese government authority which was boycotting French products.
The following factors have delayed the operation:
a The deal required for the company to provide sufficient working capital to cover the obligation of delivering goods. The Board originally secured this funding of the working capital via invoice factoring. The invoice factoring was based on the share price of the company which crashed.
b The current political climate between France and China is not a favourable one to assist the deal.
c Hunan TV is controlled by the communist party under the Chinese government authority which was boycotting French products.