Ann: UST Global Announces US$2m Investment in xTV, page-42

Hi Diesel

I've been researching as well.  A challenge I could find for xTV was stated by Applabs in their announcement to the market when they took a stake in xTV in June this year:

xTV CEO Joe Ward commented:

“.........What we have built and created with xTV is a platform which allows consumers,
businesses and large corporations to take back control of their streaming media and
move away from static html .com sites. The problem which exists today is that most
real-time streaming media is produced on third party platforms such as Facebook,
Twitter and YouTube, which means consumers are drawn away from the
corporations own .com websites and often the danger is the message then becomes
lost with all the other conflicting data available on the third party platforms. xTV
allows anyone to have a 24/7 integrated TV channel, streaming in real time all its
media (YouTube, Facebook, Twitter, weather

The benefits of xTV as stated by Applabs in the same document:

“The added benefit of having a dedicated .TV network is that consumers are 64%
more likely to buy online after watching a video. Video content also has a 2-3x
higher click through rate and consumer engagement is up to 400% higher than static
content. Also real-time is faster, quicker to setup and runs 24/7 without
maintenance”

Applabs Managing Director Stuart Kidd commented:

“........presented with investment opportunities with the calibre of xTV, we believe, is
a huge benefit to our shareholders and cements the importance of the partnership
agreement that we reached with Archimedes Labs. Seeing Fortune 500 companies
such as Microsoft investing into xTV gives us immense confidence in the quality of
the product that has been developed and we see a huge opportunity in the space.
We certainly share the passion and excitement for the .  TV era, and the global shift to
real-time video content away from static html content is growing by the day. Cisco
has published data on the space and they believe that by 2017, 70% of all internet
traffic will be video based."

To all please DYOR and best wishes for current holders,

Regards,

Chilloutman