RE:Revenue StreamFrom TNG's latest MD&A: "The Company’s GameTree TV platform has been licensed successfully to date across a range of devices. In May 2013 GameTree TV content was deployed on AT&T’s uVerse platform where it has enjoyed steady subscriber growth. In December 2012 GameTree TV was migrated to a subscription only model on Free. Since then it has been adding net new subscribers at a rate of at least 10% per month. GameTree TV is also live on DISH Network’s legacy OpenTV platform under a two-tiered subscription model. Between Free and DISH, average revenue per user (“ARPU”) increased to $2.91 from $1.53 compared with one year ago. Subscriptions have started to wane on DISH’s OpenTV platform due to the massive success of DISH’s next-generation “Hopper” set-top box. TransGaming is working closely with DISH to negotiate the addition of GameTree TV to Hopper. As recently announced, subsequent to quarter end, GameTree TV was deployed on Philips TVs. Philips is the # 2 television brand in Europe and the company is systematically updating its 2013 TVs, country by country to include GameTree TV on these sets. It will shortly begin the same software update on compatible 2012 televisions. The 2014 Philips TVs will come pre-installed with GameTree TV. By the end of 2014 the expectation is that GameTree TV will be available on multi-million Philips TVs. The Philips implementation of GameTree TV represents the world’s first free-to-play video game advertisement based model where an advertisement plays as a pre-roll before the start of a game. It is too early to comment on the magnitude of an ad-based revenue model and management expects that, as Philips and other TV OEMs evolve their e-commerce systems, other business models will be introduced ranging from subscription to ingame transactions to maximize recurring revenue. GameTree TV agreements have also been signed with Roku, Panasonic, and Opera Software as previously announced. The DMG group is actively working on the development for each of these distribution partners with the expectation of a sequence of launches in the next two quarters. Further, TransGaming has a robust pipeline of new agreements under negotiation, including launching into trials with at least two major MSOs (Managed Service Operators), one in the US and one in Europe. Based on its expected deployment schedules, management believes GameTree TV’s footprint will include game services with at least 12 different partners before the end of calendar 2014."