The Midas Consortium is to be associated with the
following proposed shareholders and partners:-
Global Provider of Mobile Multimedia & Broadband Technologies
Global Media Group
Broadcaster & Global Content Provider
Strategic Partners
Mobile Handset Manufacturers
Television Networks
Tenant Companies (Not Shareholders)
Corporate Advertisers & Sponsors
Private Equity
Shareholding amongst the Mobile Operators is proportionate to their Midas subscriber-base.
Shareholding amongst the Banks & Financial Services (BFS) is proportionate to their Midas customer-base.
All groups remain autonomous and independent and all legal and audit disciplines are retained by the proprietary group
Each of the proposed groups performs its indigenous discipline and there is no conflict of interest with any other proposed group.
No contracts are completed until all due diligence, following the highest corporate ethics, are drawn up to the satisfaction of each of the proposed
groups and is subject to their terms and conditions.
All contracts and financial transactions shall comply with the relevant regulatory controls.
Shareholding is negotiable with each of the eligible shareholder groups.
Tenant companies are not shareholders as their income is derived from all Midas netshopping, mobile TV and multimedia transactions.
More comprehensive and precise agreements are to be drawn up.
Please refer to Section 15 re the proposed composition of the Midas Board.
Harry Brooks Jnr
Founder & President
Midas TV
Pinewood Studios
harry@midastv.mobi
+44 (0) 7000 7000 11
May 2008
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