What the hell is going on at Blinkx?

Why the news blackout from Blinkx? Time was the company would RNS every little mickey mouse deal - like BobVila.com - but apart from the extension of the ITN deal I can't remember the last time we had some serious news.

It seems to me that there are only two possibilities:

Either important, revenue-generating deals are being done but the markets and shareholders aren't being told - which is against stock market rules.

Or no important, revenue-generating deals are being done - in which case senior management at Blinxk are incompetent and should be removed forthwith and replaced with a team that can take advantage of the explosion of digital media going on out there...