Ann: Applabs Acquires Stake in Microsoft-Backed xTV, page-13

You are probably correct Littlecorn. This new venture probably is rubbish, that's why the likes of the below would be wasting their time sitting on the advisory board. I haven't heard of any of these companies... are they start ups too....? It always amuses me that people will blindly invest in a hole in the ground with massive overheads but tech stocks with very little overheads and a business model that is not stuck in the dark ages creates these sort of comments.

Mr Michael Montgomery (Dreamworks, Disney & Montgomery & Co)
Mr Keith Teare (TechCrunch and Archimedes Labs)
Mr Brian Clark (CTO Moodys, NYSE)
Mr Michael Jones (Myspace & AOL)
Mr Thomas Varghese (Cofounder of Bharosa sold to Oracle)