Ann: Projects Update, page-13

Great news re revenue - I am in two minds about what to expect from the next quarterly. With most businesses, I expect cash to take longer to flow through than booked rev but I thought with TV2 the managed the cash flow and therefore youd expect to see it flow through straight away.

I am a bit confused by this statement re PERSIS:
"TV2U is advised that paid subscriptions have begun on the PERSIS TV service. Any revenue share payments made to TV2U will be reflected (once paid to TV2U) in the relevant quarter's earnings."
Its the same with Africa...

My understanding was that TV2 handled all payment then passed on anything owed to the content providers? For me this was a huge plus as it protects them against getting shafted with huge payment wait times or not getting paid at all. I swear I remember that being covered in a webinar - have I missed something?

Either way, the next quarterly should have a lot to show!