![]() MediaTube has been granted an Ontario regional broadcasting distribution undertaking licence (BDU licence) from the Canadian Radio-television Telecommunications Commission (CRTC), permitting MediaTube to provide such services. ![]() Funds were spent on testing of equipment and field research, as well as legal and consulting costs to develop a system and ability to deliver the MediaTube System. The MediaTube System is activated upon installation.ĭuring the past several years, MediaTube's management and shareholders have privately financed the research and development process to develop the MediaTube System. To subscribe to the MediaTube service, subscribers will be provided with a digital set-top receiver (or personal video recorder) and a remote control and a wireless keyboard, which MediaTube refers to as the MediaTube System. MediaTube intends to provide subscribers with access to hundreds of channels of HD or digital-quality programming, Dolby-quality audio programming, high-speed Internet and North American long-distance telephone services directly to the subscribers' homes or businesses via ADSL2 transmission using pair bonding and Internet protocol technology. MediaTube's corporate offices are located at Suite 380, 8500 Leslie St., Thornhill, Ont., 元T7M8. MediaTube intends to offer a fully competitive IPTV video service to consumers to compete with satellite and cable providers. MediaTube is a public non-reporting issuer company that intends to engage in the business of providing Internet protocol television entertainment (IPTV) (including high-definition television broadcasts, interactive games, video on demand (VOD) and pay per view (PPV)), long-distance telephone, and Internet services to retail clients starting in Ontario and Quebec via a private intranet. 25, 2008, under the laws of the Province of Ontario, by Douglas Lloyd, a resident of Ontario, and the only control person of MediaTube, as such term is defined in Policy 1-1 of the TSX Venture Exchange. The corporation is a capital pool company and intends for the acquisition of MediaTube to constitute the qualifying transaction of the corporation as such term is defined in the policies of the TSX Venture Exchange. MediaTube is an Ontario corporation which is a public non-reporting issuer that intends to engage in the business of providing Internet protocol television entertainment (including high-definition television broadcasts, interactive games, video on demand (VOD) and pay per view (PPV)), long-distance telephone, and Internet services to retail clients starting in Ontario and Quebec. has entered into a letter of intent for the acquisition of MediaTube Corp. ANNOUNCES ENTERING INTO LETTER OF INTENT FOR QUALIFYING
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