Surely such information should be in announcements to the market, not off the record discussions with journalists.
Oh, and this is a ripper - "Stephen Langsford and his team have, with this move, turned Quickflix into a robust and vibrant company." How can a company with no cash that's never made a profit be 'robust'?
As I've said before - good luck guys.....keep your eyes out for that 'funding' condition!