Ok thanks for pointing that out - so guess when we hit 500 it will change from 100+ to 500+
Still looking for those other partnerships to come to fruition that been discussed from the March company updates and a shareprice recovery - will happen soon so just hold and we should see buyers return - as always time will tell
The negotiations regarding the 90% acquisition of SLIM PACK. SLIM PACK have obtained the licence from the National Motion Picture Agency (ANCINE) pursuant of Brazilian Law Number 12.485/2011 for the Audio-Visual Communication of Conditional Access (secured content) that allows the emission, transmission and reception, by any electronic means, of images etc...
This licence allows for the legal national transmission of OTT services for the region of Brazil and enables SLIM PACK to finalize content licence agreements with Content Owners. SIM PACK have extended the licence to TV2U which enables TV2U to broadcast Free To Air content and to finalise the premium content contracts for both live and Video on Demand (VOD).
TV2U has also commenced negotiations with VOD content aggregator VONETIZE. A strategic partnership with VONETIZE would enable TV2U to deliver thru its Ivan -X Platform, the latest premium on-demand content from 8 weeks after theatrical release, up to 4K HD quality, a back catalogue of more than 1,000 movies, approximately 180 new releases per year, refresh 10 new releases each month, provided as pay per view or purchase to own as an on-demand stream or download to device.
All movies will be dubbed and/or subtitled in Portuguese bringing to the Brazilian market the latest localized movies ahead of iTunes, Cable/Satellite Operators and Netflix. Negotiations with VONETIZE will include access to VOD coverage for the LATAM region namely; Brazil, Mexico, Columbia, Argentina, Peru, Venezuela, Chile, Ecuador, Guatemala, Cuba, Haiti, Bolivia, Dominican Republic, Honduras, Paraguay, Nicaragua, El Salvador, Costa Rica, Panama, Puerto Rico, Uruguay with the opportunity to expand into Asia and the CIS region notably Russia and the Ukraine.
This arrangement would enable TV2U to provide consumers a competitive, cost effective personalized content offering of live premium and free to air channels, radio stations and the latest on-demand Hollywood movies that is a compelling alternative to the incumbent broadcasters and on-demand video services. TV2U are also seeking potential partners to expand the Brazilian business model to Argentina and the Caribbean. ___
PGASCOM TV2U is continuing to work with PGASCOM in commercially deploying OTT steaming servicesin Indonesia.
It is expected that the final items of head-end equipment will be delivered to PGASCOM’s facility shortly.
On receipt of these final items PGASCOM will release the second payment equating to 65% of the total invoice. Installation of all the Head-End is expected to be completed shortly, as previously stated TV2U’s Head-End located at NTT’s datacentre in KL Malaysia isready as a backup to PGASCOM and SMARTFREN service. TV2U’s team is currently in Jakarta finalizing the technical requirement prior to the commercial launch of the OTT Platform with SMARTFREN and undergoing marketing strategies with PGASCOM who are actively promoting OTT services to ISPs and partners in Indonesia.
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