Ann: Entitlement Offer document , page-2

First commercial Adslot trial to begin this month. Should be interesting. This is a pretty big gamble due the obviously huge amount of competition in this area.... Has good upside should it pay off tho.

On another note, does anyone know anything about a former adslot venture in the advertising space that failed? I'm interested in the reasons why.

From the Notice of general meeting and Explanatory statement:

We make the following comments in relation to Adslots historical financial performance:

Service income represents income to be received from a previous failed joint venture with a
company named ClearLight Digital. The Joint Venture is now under administration and hence
the service income is fully provided for as a bad and doubtful debt;