The AGM is in a couple of weeks so I'm hoping we will see some clarification on the Yunbo deal and size of payment in shares that will be paid out.
There does appear to be a bit of interest lately so it's possible that positive news has leaked out but until things become a lot clearer I'm sitting on the fence clutching my holding......as in shares :-)
Date:
25 March 2009
New clients in India & Italy
Galleon Holdings plc (AIM: GON), the AIM listed entertainment media company developing and producing multi-platform properties with a focus on emerging markets, is delighted to announce that its Product IP Division, Croco Worldwide ('Croco'), has recently secured new clients in two new territories, India and Italy.
The first contract is with global consumables manufacturer PepsiCo and The ICC to supply an innovative electronic product for the Indian market. The second is with Italy's leading savoury snack supplier Unichips, which supplies a wide variety of salted snacks under its San Carlo and Pia brands.
The products, which cannot be named for competitive reasons, have been tested successfully in multiple markets. The PepsiCo order for India has an overall value of $900,000 and Unichips has an anticipated value of 800,000 per annum.
Commenting on the latest orders, Stephen Green, CEO of Galleon Holdings, said:
'It is always good to break into new territories and work with new clients, such as Unichips. Pepsico is an active partner and provides us with regular business. We are particularly excited about breaking into a new market the size of India where the premiums and promotions business is just starting to evolve.'
http://moneyam.uk-wire.com/cgi-bin/articles/200903250700114156P.html