Thank you. I can see from the above that you have a great deal of passion for TV2U
Firstly Tom Young is not employed by TV2u therefore he is not a member of the Key Management Personnel to whom the Related Party Clause applies.
He would provide his services by way of Contract arrangement and it would appear that his Company receives payment for these services/advice by way of share issues.
It is interesting to note that another of ECP's Directors (key management personnel) is an ex-Director of Cossack Energy and subsequently Galicia and as per my post yesterday -
MR IGOR SOSCHYNSKI
Founding director of Geopushuk and KGI Industries in the Ukraine. Igor has over 17 years experience in E&P Oil and Gas and successful business ventures including property development,infrastructure and telecommunications. Igor has faciltated numerous transactions whilst building a portfolio of production and exploration assets for KIG Industries that provide Energy Capital with an enviable source of assets throughout the CIS region. Igor has connections in both the goverment and military in the Ukraine which gives Energy Capital Partners un- rivaled access to assets and terms not usually available to western companies. Igor is fluent in English and Hebrew and has a solid understanding of both equity/debt markets and capital raising process along with rules associated with listing on stock exchanges across the globe.
The other issues raised are currently being dealt with and we should know the outcome shortly
