TV2- The next leg up, page-971

I am clear in my head that LOIs really mean nothing until they become agreements. The way I see it is that TV2 needs to get a deal over the line to prove the technology (i.e. like Divan Hollywood) and then you never know those LOIs might be enacted or not. Certainly, if get a deal up and working well SP will rise and new deals come in. This is a classic case of investors doing own research and reading between the lines of the announcements and understanding differences between LOI and binding agreements (note Divan is a binding agreement). At the spec end of town, only invest what you are willing to lose and if certainty is your mantra invest in blue chips (i.e. this last sentence not directed at you by the way but a general comment).