and backed by $6 million. Page 21 of the financing presentation. I really do think that all the delays up till now was because they needed to secure Poynt. Since they entered into the agreement to buy Poynt thing seem to be really picking up.

CAPITAL MARKETS FUNDING

 To accelerate growth & capitalize on the large revenue opportunities

 Specific use of proceeds:

 Expand sales and BD team

 Trade shows that target Asian and European carriers/ messaging providers

 Commence direct brand sales for major category sponsorship

 Sign on content partners in Eastern Europe and China & establish preload partners in Europe

BUSINESS DEVELOPMENT

 In advanced discussions with carriers, handset manufacturers and OTT messaging

players, all leading worldwide players that represent over 500 MM mobile users

NEAR-TERM MILESTONES

 Add at least one major Asian and two European partners in the next 6 months