Ann: Voluntary Suspension Extension Request, page-136

sadly for the long term investors, TV2U has a history of puffery and bluster of a level similar to a #ScottyFromMarketing press conference.

from day one they seemingly realised they could announce whatever they liked under a header of 'not binding' and the retail market would treat it as if the $$ were already earning interest. ASX should never permit non-binding heads of agreements, terms sheet or offer letters to be announced. it's usually nothing but a gimmick to rouse the acolytes and pump the share price.

here they were at day one -- section 14.1 of their initial prospectus contains a summary of 7 non-binding agreements, from which no binding agreements were signed and most never referred to again:

https://www.asx.com.au/asxpdf/20151211/pdf/433r1s5xf5tcrx.pdf