14. What is about (deals 31.3.08)

What is it all about with the other deals mentioned in Press Releases
concerning the accounting date 31.3.2008:
Happigo - China (PR 26.3.3008)
360 - Israel (PR 20.03.2008)
TV4You - Portugal/Spain (PR 17.3.2008)
Komuna - Balkan (4.3.2008)
Spectrum Optim Moscau - Russia (27.2.2008)
There is nothing mentioned about thesedeals in the accounts. Why not and are this deals still valid?
Answer:

These relate to the company’s local partners who are all waiting to commence operations. The agreements are valid and contractual and more local partners have been signed up to date. No monies was successfully raised since the reverse take over in November 2007 but the new structure will allow a better valuation of the company’s business model and thereby successful fundraising which in turn will commence the operation of all local partners agreements.