14. What is about (deals 31.3.08)
07/05/09 00:21
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?
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.