Ann: Appendix 3B - Conversion 64,000 Con. Notes, page-13

Hey Guys, will be topping up again this week when I can.  Reasons for people selling could be many including profit from buying when SP sitting around 0.09-1c for a long time then CNS, our cash burn is large at the moment with set ups.  

Don’t forget Xmas is less than a month away, expensive time of year & I’m sure many will use a bit of extra capital for a summer vacation & quality time with their friends, families & loved ones.

We are still looking at January for paid subs after Dec free trial in Brazil & set up of call centre training (SOL Telecom already have them). @Day424 I’m still seeing this as seperate from the 15000 retail outlets Visiontec will be involved with with their STBs with TV2U & promoting them, I have always been pretty excited about their Visiontec LOI, as they also are providers for other large competitors with branded set top boxes ie Claro TV.  

Indonesia:  my feeling is they will be working around the clock to roll this out for b4 Xmas with Smartfren.  From past ANNs & what I have read in Industry media from both countries, plus @Taincrows input, TV2u have gone through huge hurdles with regulatory legislation, security concerns & then set up in both countries, it’s been a huge hold up for us, I would actually use the term “pioneer” because that is basically what they had to do & wait for outcomes of both juristrictions until progress could continue.  Just my thoughts,  DYOR & GLTAH.