TV2 is going to announce a
conclusive Binding Agreement with an Australian telecom next week.
It's also notable that the company is in discussions with
Various Parties on a Number of other agreements.
ISX, ran from cents to 50c as they progressively signed various deals, No revenue while its fully diluted market cap reached about $500m. If TV2 can sign off more negotiating agreements, it will fuel price movement, imo.
Enjoy weekend
Last week's ASX Company update:
OTHER AGREEMENTS
The Company is in advanced discussions with an Australian-own telecommunication services provider on a joint venture arrangement, consistent with the Company’s existing roll out strategy. The joint arrangement is being considered by the Company and is subject to board approval. The structure of the agreement will be following the low upfront capex / high margin service delivery strategy of the company, which was implemented post the companies ASX listing. The Company will update the market on this should a conclusive binding agreement be reached.
The Company is also in discussions with various parties on a number of other agreements, however, given the stage of negotiations, the Company does not consider any of these to be material at the current time.
