Jump TV Inc. (JTV.TO)

TV over the Internet. Had to change their revenue model, which was a big disappointment to investors. He will be meeting with them to try to reassess what is going on. Management has a great concept if they can execute on it.

Executing very well. Their model in IP television is working out very well and is very compelling. Has 250 channels coming from 70 countries. Just signed Euro Sport.

Looking at the valuation, you would say it is a $3-$4 hundred million market cap with no revenues. They are doing Internet TV for ethnic broadcasts. You really have to watch the churn rate because it is very high right now. If they can reduce this, and add customers, there is big potential. Very risky.