Ann: Half Yearly Report and Accounts, page-3

I suspect they are talking about their MTN Arena, Miggster, HTML games that run off a cloud server. I haven't been able to get any screenshots, but I've heard MTN Arena+ even has a couple of the in-house built 3D games built in the Unity engine, which are extremely basic and that bad that they haven't released these games to the general public. So technically, they are correct, they are games running on the cloud. However for any real gamer, a very misleading statement.

I went through this statement and was going to point out how they continue to burn through cash, but a significant portion of it was a write off in their acquisition of failing pacific companies.

Really don't have anything to fault this company for the first time ever. Having said that, I also wouldn't invest in it for another few years until they've proven themselves responsible with a clear business strategy which is still lacking.