IBC 2016, page-187

Hey Scarpa,

The way I read the "African" deal Ann is that the 1 million is only for the expansion of the data center in KL. That's why they call it a CAPEX payment. It's not a 1 million cash injection into TV2U’S bank account. This one man African company must require the data center to be upgraded in order to prove OTT accross "Africa". I for one would be interested to know what the upgrades are. More computer servers? 1 million worth? I wonder if the expansion can/will be utilised for other content delivery services. More detail would be nice but as usual investor presentation/sharing of information is not TV2U’S strong suit. Any techies out there have an idea of what these upgrades might involve and wish to throw their theories this way?

Cheers
Ups