| **x** | **ANNUAL                    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                    ACT OF                    1934** |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| **o** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from ______ to _______**

**Jaguar      Acquisition Corporation**

| Delaware                                                                                    |   | 20-2942206                                                        |
|---------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|
| (State                or Other Jurisdiction ofIncorporation                or Organization) |   | (I.R.S.                EmployerIdentification                No.) |

| 1200                River Road, Suite 1302, Conshohocken, Pennsylvania                19428 |
|---------------------------------------------------------------------------------------------|
| (Address                of Principal Executive Offices) (Zip                Code)           |

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**TABLE      OF CONTENTS**

|                    |   |                       |   |                                                                                                                                                     |   | Page   |
|-------------------------|--------|----------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|                    |   |                       |   |                                                                                                                                                     |   |   |
| PART                I   |   |                       |   |                                                                                                                                                     |   | 1      |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                1.     |   | Business                                                                                                                                                 |   | 1      |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                1A.    |   | Risk                Factors                                                                                                                              |   | 6      |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                1B.    |   | Unresolved                Staff Comments                                                                                                                 |   | 19     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                2.     |   | Properties                                                                                                                                               |   | 19     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                3.     |   | Legal                Proceedings                                                                                                                         |   | 19     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                4.     |   | Submission                of Matters to a Vote of Security Holders                                                                                       |   | 19     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
| PART                II  |   |                       |   |                                                                                                                                                     |   | 20     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                5.     |   | Item                5. Market for Registrant’s Common Equity, Related Stockholder Matters and                Issuer Purchases of Equity Securities |   | 20     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                6.     |   | Selected                Financial Data                                                                                                                   |   | 21     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                7.     |   | Management’s                Discussion and Analysis of Financial Condition and Results of                Operations                                |   | 22     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                7A.    |   | Quantitative                and Qualitative Disclosures About Market Risk                                                                                |   | 24     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                8.     |   | Financial                Statements and Supplementary Data                                                                                               |   | 25     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                9.     |   | Changes                In and Disagreements with Accountants on Accounting and Financial                Disclosure                                       |   | 25     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                9A(T). |   | Controls                and Procedures                                                                                                                   |   | 25     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                9B.    |   | Other                Information                                                                                                                         |   | 27     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
| PART                III |   |                       |   |                                                                                                                                                     |   | 27     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                10.    |   | Directors,                Executive Officers and Corporate Governance                                                                                    |   | 27     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                11.    |   | Executive                Compensation                                                                                                                    |   | 32     |
|                    |   |                       |   |                                                                                                                                                     |   |   |
|                    |   | Item                12.    |   | Security                Ownership of Certain Beneficial Owners and Management and Related                Stockholder Matters                             |   | 32     |

----

|                   |   | Item                13. |   | Certain                Relationships and Related Transactions, and Director                Independence |   | 35     |
|------------------------|--------|-------------------------|--------|---------------------------------------------------------------------------------------------------------|--------|--------|
|                   |   |                    |   |                                                                                                    |   |   |
|                   |   | Item                14. |   | Principal                Accounting Fees and Services                                                   |   | 36     |
|                   |   |                    |   |                                                                                                    |   |   |
| PART                IV |   |                    |   |                                                                                                    |   |   |
|                   |   |                    |   |                                                                                                    |   |   |
|                   |   | Item                15. |   | Exhibits,                Financial Statement Schedules                                                  |   | 37     |

----

| **PART                I** |   |
|---------------------------|--------|

**Item      1.**
**Business**

**Fair      market value**

**Business      Combination **

----

----

**Sources      of target businesses**

**Selection      of a target business and structuring a business      combination**

| § | financial                condition and results of                operations; |
|--------|------------------------------------------------------------------------------|

| § | growth                potential; |
|--------|----------------------------------|

| § | experience                and skill of management and availability of additional                personnel; |
|--------|------------------------------------------------------------------------------------------------------------|

| § | capital                requirements; |
|--------|--------------------------------------|

| § | competitive                position; |
|--------|--------------------------------------|

| § | barriers                to entry; |
|--------|-----------------------------------|

| § | stage                of development of the products, processes or                services; |
|--------|--------------------------------------------------------------------------------------------|

| § | degree                of current or potential market acceptance of the products, processes                or                services; proprietary features and degree of intellectual property                or                other protection of the products, processes or                services; |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| § | regulatory                environment of the industry; and |
|--------|------------------------------------------------------------|

----

| § | costs                associated with effecting the business                combination. |
|--------|-----------------------------------------------------------------------------------------|

**Limited      ability to evaluate the target business’ management**

**Opportunity      for stockholder approval of business combination**

----

**Conversion      rights**

**Liquidation      if no business combination**

**Employees**

----

**Availability      of SEC filings**

**Item      1A. Risk Factors**

**Risks      Relating to China Cablecom**

***China      Cablecom has a very limited operating history, which may make it difficult      for      you to evaluate its business and prospects.***

|  | • | develop                new customers or new business from existing                customers; |
|--|---------|----------------------------------------------------------------------------------------------|

|  | • | expand                the technical sophistication of the products it                offers; |
|--|---------|----------------------------------------------------------------------------------------------|

----

|  | • | respond                effectively to competitive pressures;                and |
|--|---------|---------------------------------------------------------------------------------|

|  | • | attract                and retain qualified management and                employees. |
|--|---------|--------------------------------------------------------------------------------------|

***China      Cablecom must make significant intercompany loans to Binzhou Broadcasting to      preserve its consolidation of the operating results of Binzhou Broadcasting      for      financial reporting purposes.***

***The      Peoples Republic of China (“PRC”) television broadcasting industry may not      digitalize as quickly as China Cablecom expects, as a result of which our      revenues would be materially adversely affected.***

----

***Existing      and emerging alternative platforms for delivering television programs, including      terrestrial networks, Internet protocol television and satellite broadcasting      networks present a significant competitive risk to China      Cablecom.***

***Changes      in the regulatory environment of, and government policies towards, the PRC      television network industry could materially adversely affect China Cablecom’s      revenues.***

----

***If      significant numbers of television viewers in the PRC are unwilling to pay for      digital television or value-added services, China Cablecom may not be able      to      sustain our current revenue level.***

***Our      principal shareholder and Executive Chairman is subject to potentially      conflicting duties to another company he established to pursue business      opportunities in the PRC.***

***If      shareholders sought to sue China Cablecom officers or directors, it may be      difficult to obtain jurisdiction over the parties and access to the assets      located in the PRC.***

----

***The      PRC could change its policies toward, or even nationalize, private enterprise,      which could reduce or eliminate the interests held in China      Cablecom.***

***Foreign      exchange regulations in the PRC may affect China Cablecom’s ability to pay      dividends in foreign currency or conduct other foreign exchange      business.***

***China      Cablecom may have difficulty establishing adequate management, legal and      financial controls in the PRC, which could result in misconduct and difficulty      in complying with applicable laws and requirements.***

----

***Being      a foreign private issuer may exempt China Cablecom from certain Securities      and      Exchange Commission requirements that provide stockholders the protection of      information that must be made available to stockholders of United States public      companies.***

|  | • | The                rules requiring the filing with the SEC of quarterly reports on Form                10-Q                or current reports on Form 8-K; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | The                sections of the Securities Exchange Act regulating the solicitation                of                proxies, consents or authorizations with respect to a security registered                under the Securities Exchange Act; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | Provisions                of Regulation FD aimed at preventing issuers from making selective                disclosures of material information;                and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | The                sections of the Securities Exchange Act requiring insiders to file                public                reports of their stock ownership and trading activities and establishing                insider liability for profits realized from any ‘‘short swing’’ trading                transactions (i.e., a purchase and sale, or a sale and purchase,                of the                issuer’s equity securities within less than six                months). |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Risks      Relating to China Cablecom’s Corporate Structure**

***China      Cablecom exercises voting and economic control over Jinan Youxiantong Network      Technology Co., Ltd. pursuant to contractual agreements with the shareholders      of      Jinan Youxiantong Network Technology Co., Ltd. that may not be as effective      as      direct ownership.***

----

|  | • | levying                fines; |
|--|---------|-------------------------------|

|  | • | confiscating                income; and/or |
|--|---------|--------------------------------------------|

|  | • | requiring                a restructure of ownership or                operations. |
|--|---------|-----------------------------------------------------------------------------------|

***JYNT      has a 49% equity interest in Binzhou Broadcasting, and the failure by the      Binzhou SOE to perform its obligations under the joint venture agreement and      services agreements may negatively impact our ability to consolidate the      financial operations of Binzhou Broadcasting.***

***The      agreements that establish the structure for operating our business may result      in      the relevant PRC government regulators revoking or refusing to renew Binzhou      Broadcasting’s operating permit.***

----

**Risks      Relating to the People’s Republic of China**

***Adverse      changes in economic policies of the PRC government could have a material adverse      effect on the overall economic growth of the PRC, which could reduce the demand      for China Cablecom’s services and materially adversely affect its      business.***

----

***Uncertainties      in the interpretation and enforcement of PRC laws and regulations could limit      the legal protections available to you and China      Cablecom.***

**Risks      Relating to the Redomestication Merger**

***Following      consummation of the Redomestication Merger, Jaguar merged into a British Virgin      Islands company and, because the rights of shareholders under British Virgin      Islands law differ from those under U.S. law, you may have fewer protections      as      a shareholder.***

***British      Virgin Islands companies may not be able to initiate shareholder derivative      actions, thereby depriving shareholders of the ability to protect their      interests.***

----

***The      laws of the British Virgin Islands provide little protection for minority      shareholders, so minority shareholders will have little or no recourse if the      shareholders are dissatisfied with the conduct of the affairs of China      Cablecom.***

***If      outstanding warrants are exercised, the underlying common shares will be      eligible for future resale in the public market. ‘‘Market overhang’’ from the      warrants results in dilution and has an adverse effect on the common stock’s      market price.***

----

***Registration      rights held by Jaguar’s initial stockholders who purchased shares prior to      Jaguar’s initial public offering may have an adverse effect on the market price      of China Cablecom Holdings.***

***Because      Jaguar does not intend to pay dividends on its common stock, stockholders will      benefit from an investment in Jaguar’s common stock only if it appreciates in      value.***

***Jaguar’s      securities are quoted on the Over-the-Counter Bulletin Board, which may limit      the liquidity and price of its securities more than if the securities were      quoted or listed on the Nasdaq market.***

***There      is a risk that China Cablecom Holdings could be treated as a U.S. domestic      corporation for U.S. federal income tax purposes after the Redomestication      Merger and Business Combination, which could result in significantly greater      U.S. federal income tax liability to China Cablecom      Holdings.***

----

***Jaguar      should recognize gain (but not loss) for U.S. federal income tax purposes as      a      result of the Redomestication Merger, which would result in increased U.S.      federal income tax liability to Jaguar.***

***There      is a risk that China Cablecom Holdings will be classified as a passive foreign      investment company (“PFIC”) which could result in adverse U.S. federal income      tax consequences to U.S. holders of ordinary shares or warrants of China      Cablecom Holdings.***

----

**Risks      to Jaguar’s Stockholders and Warrant Holders**

***China      Cablecom Holdings may choose to redeem Jaguar’s outstanding warrants at a time      that is disadvantageous to the warrant holders.***

***Jaguar’s      warrant holders may not be able to exercise their warrants, which may create      liability for Jaguar.***

----

**Item      1B. Unresolved Staff Comments**

**Item      2.**
**Properties**

**Item      3.**
**Legal      Proceedings**

**Item      4.**
**Submission      of Matters to a Vote of Security Holders**

----

| **PART                II** |   |
|----------------------------|--------|

**Item      5.**
**Market      for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases      of Equity Securities**

**Market      Information**

|                                 |   | **Jaguar Acquisition** |   | **Jaguar Acquisition** |   | **Jaguar Acquisition** |   |
|--------------------------------------|--------|-----------------------------|--------|-----------------------------|--------|-----------------------------|--------|
|                                 |   | **Common Stock**       |   | **Warrants**                |   | **Units**                   |   |
|                                 |   | **High**                    |   | **Low**                     |   | **High**                    |   | **Low** |   | **High** |   | **Low** |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **2006**                             |   | $                           | 5.52   |                        | $      | 5.10                        |   | $ | 0.94 |   | $ | 0.47 |   | $ | 8.00 |   | $ | 6.17 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Second                  Quarter*** |   |                        | 5.10   |                        |   | 5.10                        |   |   | 0.60 |   |   | 0.47 |   |   | 8.00 |   |   | 6.17 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Third                  Quarter**   |   |                        | 5.40   |                        |   | 5.10                        |   |   | 0.94 |   |   | 0.48 |   |   | 7.25 |   |   | 6.17 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Fourth                  Quarter**  |   |                        | 5.52   |                        |   | 5.25                        |   |   | 0.94 |   |   | 0.65 |   |   | 7.30 |   |   | 6.50 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **2007**                             |   |                        | 7.40   |                        |   | 5.35                        |   |   | 1.20 |   |   | 0.80 |   |   | 7.83 |   |   | 7.10 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **First                  Quarter**   |   |                        | 5.57   |                        |   | 5.35                        |   |   | 1.20 |   |   | 0.80 |   |   | 7.83 |   |   | 7.10 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Second                  Quarter**  |   |                        | 5.90   |                        |   | 5.53                        |   |   | 1.22 |   |   | 1.04 |   |   | 8.35 |   |   | 7.65 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Third                  Quarter**   |   |                        | 6.00   |                        |   | 5.63                        |   |   | 1.65 |   |   | 1.00 |   |   | 9.37 |   |   | 7.70 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **Fourth                  Quarter**  |   |                        | 7.44   |                        |   | 6.00                        |   |   | 2.59 |   |   | 1.67 |   |   | 12.44 |   |   | 9.25 |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **2008**                             |   |                        |        |                        |   |                             |   |   |  |   |   |  |   |   |  |   |   |  |   |
|                                 |   |                        |        |                        |   |                        |   |   |  |   |   |   |   |   |  |   |   |   |   |
| **First                  Quarter**   |   |                        | 7.45   |                        |   | 6.43                        |   |   | 2.67 |   |   | 1.70 |   |   | 12.70 |   |   | 10.55 |   |

----

**Dividends**

**Recent      Sales of Unregistered Securities**

**Use      of Proceeds**

**Issuer      Purchases of Equity Securities**

**Item      6.**
**Selected      Financial Data**

----

**Item      7.**
**Management’s      Discussion and Analysis of Financial Condition and Results of      Operations**

**Forward-Looking      Statements**

**Overview**

**Results      of Operations for the fiscal year ended March 31, 2008 compared to the fiscal      year ended March 31, 2007**

----

** **

**Liquidity      and Capital Resources**

----

**Off      Balance-Sheet Arrangements**

**Contractual      Obligations**

**Item      7A. Quantitative and Qualitative Disclosures About Market      Risk**

----

**Item      8.**
**Financial      Statements and Supplementary Data**

| INDEX                  TO FINANCIAL STATEMENTS                                                                                                                                                                                                        |   |      |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|
|                                                                                                                                                                                                                                                  |   |      |
| Report                  of Independent Registered Public Accounting Firm                                                                                                                                                                              |   | F-1       |
|                                                                                                                                                                                                                                                  |   |      |
| Balance                  Sheets-As of March 31, 2008 and 2007                                                                                                                                                                                         |   | F-2       |
|                                                                                                                                                                                                                                                  |   |      |
| Statements                  of Operations-For the Year Ended March 31, 2008, for the Year Ended                  March                  31, 2007 and for the Period from June 2, 2005 (inception) to March                  31,                  2008 |   | F-3       |
|                                                                                                                                                                                                                                                  |   |      |
| Statements                  of Stockholders’ Equity-For the Year Ended March 31, 2008 and for the                  Period from June 2, 2005 (inception) to March 31, 2008                                                                       |   | F-4       |
|                                                                                                                                                                                                                                                  |   |      |
| Statements                  of Cash Flows-For the Year Ended March 31, 2008, for the Year Ended                  March                  31, 2007 and for the Period from June 2, 2005 (inception) to March                  31,                  2008 |   | F-5       |
|                                                                                                                                                                                                                                                  |   |      |
| Summary                  of Significant Accounting Policies                                                                                                                                                                                           |   | F-6       |
|                                                                                                                                                                                                                                                  |   |      |
| Notes                  to Financial Statements                                                                                                                                                                                                        |   |  F-9 |

**Item      9.**
**Changes      In and Disagreements with Accountants on Accounting and Financial      Disclosure**

**Item      9A(T). Controls and Procedures**

**Disclosure      Controls and Procedures**

----

**Management’s      Report on Internal Control Over Financial Reporting**

----

**Changes      in Internal Control Over Financial Reporting**

**Item      9B. Other Information**

| **PART                III** |   |
|-----------------------------|--------|

**Item      10.**
**Directors,      Executive Officers and Corporate Governance**

| Name                            |   | Age    |   | Position                                                                                                |
|---------------------------------|--------|--------|--------|---------------------------------------------------------------------------------------------------------|
|                            |   |   |   |                                                                                                    |
| Jonathan                Kalman  |   | 46     |   | Chairman                & Chief Executive Officer                                                   |
| James                S. Cassano |   | 61     |   | Executive                Vice President, Chief Financial Officer, Secretary and                Director |
| C.                Richard Corl  |   | 69     |   | Executive                Vice President and Director                                                    |
| John                J. Hoey     |   | 68     |   | Director                                                                                                |

***Jonathan      Kalman***

----

***James      S. Cassano***

***C.      Richard Corl***

----

***John      J. Hoey***

**Section      16(a) Beneficial Ownership Reporting Compliance**

**Code      of Ethics**

**Board      Committees and Designated Directors**

----

**Special      Advisors**

***Kerry      Propper***

***William      J. Westervelt, Jr.***

***David      W. Tralka***

----

***Robert      Moreyra***

***Peter      Collins***

----

**Item      11.**
**Executive      Compensation**

**Item      12.**
**Security      Ownership of Certain Beneficial Owners and Management and Related Stockholder      Matters.**

|   | · | each                person known by us to be the beneficial owner of more than 5% of                our                outstanding shares of common stock; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | each                of our officers and directors; and |
|--------|--------|--------------------------------------------------------|

|   | · | all                our officers and directors as a                group. |
|--------|--------|--------------------------------------------------------------------------|

----

| **Name                and Address of Beneficial Owner****(1)**                                   |   | **Amount and Nature of                Beneficial Ownership** |      | **Percentage ofClass** |   |
|--------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|-----------|-----------------------------|--------|
|                                                                                             |   |                                                                             |      |                        |   |
| Jonathan                Kalman                                                                   |   |                                                                             | 143,889   | (2)                         |   | 2.5 | % |
| C.                Richard Corl                                                                   |   |                                                                             | 123,334   | (3)                         |   | 2.2 | % |
| James                S. Cassano                                                                  |   |                                                                             | 102,778   | (4)                         |   | 1.8 | % |
| John                Hoey(5)                                                                      |   |                                                                             | 30,833    | (6)                         |   | 0.5 | % |
| Craig                Samuels(7)                                                                  |   |                                                                             | 1,367,000 |                        |   | 20.7 | % |
| Jeffrey                L. Feinberg(8)                                                            |   |                                                                             | 703,503   |                        |   | 12.3 | % |
| JLF                Asset Management, L.L.C.                (8)                                   |   |                                                                             | 703,503   |                        |   | 12.3 | % |
| JLF                Offshore Fund, Ltd                (8)                                         |   |                                                                             | 384,071   |                        |   | 6.7 | % |
| JLF                Partners I, L.P.                (8)                                           |   |                                                                             | 296,723   |                        |   | 5.2 | % |
| Globis                Capital Partners, L.P.                (9)                                  |   |                                                                             | 408,967   |                        |   | 7.2 | % |
| Globis                Capital Advisors. L.L.C.                (9)                                |   |                                                                             | 408,967   |                        |   | 7.2 | % |
| Globis                Overseas Fund, Ltd.                (9)                                     |   |                                                                             | 96,500    |                        |   | 1.7 | % |
| Globis                Capital Managememt, L.P.                (9)                                |   |                                                                             | 505,467   |                        |   | 8.8 | % |
| Globis                Capital, L.L.C.                (9)                                         |   |                                                                             | 505,467   |                        |   | 8.8 | % |
| Paul                Packer(9)                                                                    |   |                                                                             | 505,467   |                        |   | 8.8 | % |
| Mitchell                Metzman(10)                                                              |   |                                                                             | 510,000   |                        |   | 8.9 | % |
| Mitchell                Metzman(10)                                                              |   |                                                                             | 510,000   |                        |   | 8.9 | % |
| Steven                M. Oliveira Charitable Remainder Unitrust(11)                              |   |                                                                             | 318,300   |                        |   | 5.6 | % |
| All                Directors and executive officers as a group (four                individuals) |   |                                                                             | 400,834   | (13)                        |   | 7.0 | % |

|   | (1) | Unless                otherwise indicated, the business address of each of the individuals                is 8                Tower Bridge, Suite 1050, 161 Washington Street, Conshohocken,                Pennsylvania 19428. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Represents                (i) 116,667 shares of common stock held by Sapphire Canyon Investments                LLC                and (ii) 27,222 shares of common stock held by Jonathan Kalman IRA.                Does                not include 54,444 shares of common stock issuable upon exercise                of                warrants held by Jonathan Kalman IRA which are not exercisable and                will                not become exercisable within 60 days. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Represents                (i) 100,000 shares of common stock held by Corl LLC and (ii) 23,334                shares                of common stock held by C. Richard Corl IRA. Does not include 46,668                shares of common stock issuable upon exercise of warrants held by                C.                Richard Corl IRA which are not exercisable and will not become exercisable                within 60 days. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | These                shares are held by JSC Group Holdings LLC, of which Mr. Cassano is                the                president. Does not include 38,890 shares of common stock issuable                upon                exercise of warrants held by JSC Group Holdings which are not exercisable                and will not become exercisable within 60                days. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | The                business address of Mr. Hoey is Beneficial Capital Corp., Post Office                Box                40A, Villanova, Pennsylvania 19085. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (6) | Does                not include 11,666 shares of common stock issuable upon exercise                of                warrants which are not exercisable and will not become exercisable                within                60 days. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (7) | The                business address of Mr. Samuels is 13990 Rancho Dorado Bend, San                Diego, CA                92130. The information was derived from a Schedule 13G/A filed with                the                SEC on February 13, 2007. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (8) | The                business address of Mr. Feinberg, JLF Asset Management, L.L.C. and                JLF                Partners I, L.P. is 2775 Via de la Valle, Suite 204, Del Mar, CA                92014.                The business address of JLF Offshore, Ltd. is c/o Goldman Sachs (Cayman)                Trust, Limited, PO Box 896, Harbour Centre, 2nd Floor, North Church                Street, Grand Cayman KY1-1103, Cayman Islands. Mr. Feinberg and JLF                Asset                Management, L.L.C. each share voting and dispositive power over their                shares and disclaim beneficial ownership except to the extent of                their                pecuniary interest therein. The information was derived from a Schedule                13G/A filed with the SEC on February 27, 2008 and a Form 4 filed                on                February 27, 2008. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (9) | The                principal office and business address is 60 Broad Street, 38th floor,                New                York, NY 10004. The Schedule 13G, as amended on February 11, 2008,                was                jointly filed by each of the following persons pursuant to Rule 13d-1                promulgated by the Securities and Exchange Commission pursuant to                Section                13 of the Securities Exchange Act of 1934, as amended: (i) Globis                Capital                Partners, L.P., a Delaware limited partnership (‘‘Globis Partners’’), with                respect to shares of Common Stock directly held by it; (ii) Globis                Capital                Advisors, L.L.C., a Delaware limited liability company (‘‘Globis                Advisors’’), serves as the general partner of Globis Partners, with                respect to shares of Common Stock directly held by Globis Partners;                (iii)                Globis Overseas Fund, Ltd., a Cayman Islands exempted company (‘‘Globis                Overseas’’), with respect to shares of Common Stock directly held by it;                (iv) Globis Capital Management, L.P., a Delaware limited partnership                (the                ‘‘Investment Manager’’), which serves as investment manager to, and has                investment discretion over the securities held by, Globis Partners                and                Globis Overseas, with respect to shares of Common Stock directly                held by                Globis Partners and Globis Overseas; (v) Globis Capital, L.L.C.,                a                Delaware limited liability company (‘‘GC’’), which serves as the general                partner of the Investment Manager, with respect to shares of Common                Stock                directly held by Globis Partners and Globis Overseas; and (vi) Mr.                Paul                Packer (‘‘Mr. Packer’’), who is the Managing Member of Globis Advisors,                and GC, with respect to shares of Common Stock directly held by Globis                Partners and Globis Overseas. The information was derived from a                Schedule                13G filed on April 26, 2007. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (10) | Represents                510,000 shares issuable upon the exercise of outstanding warrants,                as to                which Mitchell Metzman and Marnie Metzman share dispositive control.                The                information was derived from a Schedule 13G filed with the SEC on                February                26, 2007. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (11) | The                principal office and business address is 18 Fieldstone Court, New                York, NY                10956. Represents 318,300 shares as to which Steven M. Oliveira and                Bernadette Oliveira share dispositive control. The information was                derived                from a Schedule 13G filed with the SEC on November 15,                2007. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (12) | Does                not include 151,668 shares of common stock issuable upon exercise                of                warrants which are not exercisable and will not become exercisable                within                60 days. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | April                5, 2009; |
|--------|--------|-------------------------------|

|   | · | our                liquidation; and |
|--------|--------|-------------------------------------|

|   | · | the                consummation of a liquidation, merger, stock exchange or other similar                transaction which results in all of our stockholders having the right                to                exchange their shares of common stock for cash, securities or other                property subsequent to our consummating a business combination with                a                target business. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      13.**
**Certain      Relationships and Related Transactions, and Director      Independence.**

----

**Item      14.**
**Principal      Accounting Fees and Services**

----

**Item      15.**
**Exhibits,      Financial Statement Schedules**

| Exhibit                No. |   | Description                                                                                                                                                                                                                                                                                            |
|----------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 3.1                        |   | Certificate                of Incorporation (1).                                                                                                                                                                                                                                                       |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 3.2                        |   | By-laws                (1).                                                                                                                                                                                                                                                                            |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 4.1                        |   | Specimen                Unit Certificate (1).                                                                                                                                                                                                                                                          |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 4.2                        |   | Specimen                Stock Certificate (1).                                                                                                                                                                                                                                                         |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 4.3                        |   | Specimen                Warrant Certificate (1).                                                                                                                                                                                                                                                       |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 4.4                        |   | Form              of Unit Purchase Option (1).                                                                                                                                                                                                                                                         |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 4.5                        |   | Form                of Warrant Agreement between Continental Stock Transfer & Trust                Company and the Registrant (1).                                                                                                                                                                 |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.1                       |   | Letter                Agreement among the Registrant and Katalyst LLC regarding administrative                support (1).                                                                                                                                                                             |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.2                       |   | Letter                Agreement among the Registrant, EarlyBirdCapital, Inc. and each of                Jonathan Kalman, James S. Cassano, C. Richard Corl, John J. Hoey,                William                Westervelt, Jr., David W. Tralka, Robert Moreyra and Peter Collins                (1). |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.3                       |   | Letter                Agreement among the Registrant, EarlyBirdCapital, Inc. and each of                Sapphire Canyon Investments LLC, Corl LLC, JSC Group Holdings LLC                and FA                Holdings LLC (1).                                                                       |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.4                       |   | Form                of Investment Management Trust Agreement between Continental Stock                Transfer & Trust Company and the Registrant (1).                                                                                                                                             |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.5                       |   | Form                of Stock Escrow Agreement between the Registrant, Continental Stock                Transfer & Trust Company and the Initial Stockholders                (1).                                                                                                                   |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.6                       |   | Form                of Promissory Notes dated as of June 29, 2005 issued to each of Jonathan                Kalman, James S. Cassano, C. Richard Corl, First Annapolis, John                J. Hoey,                Robert Moreyra, Peter Collins and David Tralka (1).                                |
|                       |   |                                                                                                                                                                                                                                                                                                   |
| 10.7                       |   | Registration                Rights Agreement among the Registrant and the Initial Stockholders                (1).                                                                                                                                                                                     |

----

| 10.8   |   | Form                of Warrant Purchase Agreements among EarlyBirdCapital, Inc. and each                of                Kerry Propper and YMBB LLC (1).                                                                                                                                           |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                |
| 10.9   |   | Letter                Agreement, dated September 28, 2005, among the Registrant and the                Initial                Shareholders (1).                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                |
| 10.10  |   | Letter                Agreement among the Registrant, EarlyBirdCapital, Inc. and YMBB LLC                (1).                                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                |
| 10.11  |   | Letter                Agreement among the Registrant, EarlyBirdCapital, Inc. and Kerry                Propper                (1).                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                |
| 10.12  |   | Form                of Subscription Agreements among the Registrant and each of Jonathan                Kalman IRA, C. Richard Corl IRA, JSC Group Holdings LLC, FA Holdings                LLC,                John J. Hoey, David W. Tralka, Robert Moreyra and Peter Collins                (1). |

| 10.13  |   | Form                  of Investment Management Trust Agreement between Continental Stock                  Transfer & Trust Company and the Registrant (1).                                                                                                                                                                            |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                      |
| 10.14  |   | Form                  of Stock Escrow Agreement between the Registrant, Continental Stock                  Transfer & Trust Company and the Initial Stockholders                  (1).                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                      |
| 10.15  |   | Form                  of Promissory Note, dated June 29, 2005, issued to each of Jonathan                  Kalman, James S. Cassano, C. Richard Corl, John J. Hoey, Robert                  Moreyra,                  David W. Tralka, Peter Collins and FA Holdings, LLC (1).                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                      |
| 10.16  |   | Form                  of Registration Rights Agreement among the Registrant and the Initial                  Stockholders (1).                                                                                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                      |
| 10.17  |   | Form                  of Warrant Purchase Agreements among EarlyBirdCapital, Inc. and                  each of                  Sapphire Canyon Investments LLC, Corl LLC, JSC Group Holdings LLC,                  FA                  Holdings, LLC, John Hoey, David W. Tralka, Robert Moreyra and Peter                  Collins (1). |
|   |   |                                                                                                                                                                                                                                                                                                                                      |
| 10.18  |   | Form                  of Letter Agreement between Katalyst LLC and Registrant regarding                  administrative support (1).                                                                                                                                                                                                      |

| 10.19  |   | Agreement                and Plan of Merger, dated as of October 30, 2007, by and among Jaguar                Acquisition Corporation, China Cablecom Ltd. and Clive Ng                (2). |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                        |
| 31.1*  |   | Certification                of Principal Executive Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002.                                                       |
|   |   |                                                                                                                                                                                        |
| 31.2*  |   | Certification                of Principal Financial Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002.                                                       |
|   |   |                                                                                                                                                                                        |
| 32.1*  |   | Certification                of Principal Executive Officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002.                                                       |
|   |   |                                                                                                                                                                                        |
| 32.2*  |   | Certification                of Principal Financial Officer Pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002.                                                       |

----

|                                       | **JAGUAR                  AQUISITION CORPORATION** |
|--------------------------------------------|----------------------------------------------------|
|                                       |                                               |
| Dated: June                  27, 2008 |                                               |
|                                       | /s/                  Jonathan Kalman               |
|                                       | Jonathan                  Kalman                   |
|                                       | Chief                  Executive Officer           |

| Name                                |   | Title                                                                              |   | Date                         |
|-------------------------------------|--------|------------------------------------------------------------------------------------|--------|------------------------------|
|                                |   |                                                                               |   |                         |
| /s/                Jonathan Kalman  |   | Chairman              of the Board and Chief Executive Officer           |   |                         |
| Jonathan                Kalman      |   | (Principal                Executive Officer)                                       |   | June                27, 2008 |
|                                |   |                                                                               |   |                         |
| /s/                James S. Cassano |   | Executive              Vice President, Chief Financial Officer,               |   |                         |
| James                S. Cassano     |   | Secretary                and Director (Principal Accounting and Financial Officer) |   | June                27, 2008 |
|                                |   |                                                                               |   |                         |
| /s/                C. Richard Corl  |   | Executive                Vice President and Director                          |   |                         |
| C.                Richard Corl      |   |                                                                               |   | June                27, 2008 |

----

| INDEX                  TO FINANCIAL STATEMENTS                                                                                                                                             |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                       |   |
| Report                  of Independent Registered Public Accounting Firm                                                                                                                   | F-1    |
|                                                                                                                                                                                       |   |
| Balance                  Sheets-As of March 31, 2008 and 2007                                                                                                                              | F-2    |
|                                                                                                                                                                                       |   |
| Statements                  of Operations-For the Year Ended March 31, 2008 and 2007 and for                  the                  Period from June 2, 2005 (inception) to March 31, 2008  | F-3    |
|                                                                                                                                                                                       |   |
| Statements                  of Stockholders’ Equity-For the Period from June 2, 2005 (inception) to                  March 31, 2008                                                  | F-4    |
|                                                                                                                                                                                       |   |
| Statements                  of Cash Flows-For the Years Ended March 31, 2008 and 2007 and for                  the                  Period from June 2, 2005 (inception) to March 31, 2008 | F-5    |
|                                                                                                                                                                                       |   |
| Summary                  of Significant Accounting Policies                                                                                                                                | F-6    |
|                                                                                                                                                                                       |   |
| Notes                  to Financial Statements                                                                                                                                             | F-9    |

----

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Balance      Sheets**

----

|                                                                                                                                                                                                       |   | **March 31** |       | **March 31** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|-------------------|--------|
|                                                                                                                                                                                                       |   | **2008**          |       | **2007**          |   |
|                                                                                                                                                                                                       |   |              |       |              |   |
| **Assets**                                                                                                                                                                                                 |   |              |       |              |   |   |   |
| Current                Assets:                                                                                                                                                                             |   |              |       |              |   |   |   |
| Cash                and cash equivalents                                                                                                                                                                   |   | $                 | 4,625      |              | $      | 193,651 |   |
| Cash                and cash equivalents held in Trust Fund (note 1)                                                                                                                                       |   |              | 26,814,877 |              |   | 25,913,282 |   |
| Accrued                interest receivable in Trust Fund (note 1)                                                                                                                                          |   |              | 66,688     |              |   | 76,552 |   |
| Prepaid                expenses and other assets                                                                                                                                                           |   |              | 23,539     |              |   | 46,259 |   |
| Total                Current Assets:                                                                                                                                                                       |   | $                 | 26,909,729 |              | $      | 26,229,744 |   |
| Deferred                merger costs                                                                                                                                                                       |   |              | -          |              |   | 202,774 |   |
| Total                Assets                                                                                                                                                                                |   | $                 | 26,909,729 |              | $      | 26,432,518 |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| **Liabilities                and Stockholder' Equity**                                                                                                                                                     |   |              |       |              |   |   |   |
| Current                Liabilities:                                                                                                                                                                        |   |              |       |              |   |   |   |
| Accounts                payable                                                                                                                                                                            |   | $                 | 36,689     |              | $      | 19,251 |   |
| Accrued                merger costs                                                                                                                                                                        |   |              | 2,086,644  |              |   | 113,362 |   |
| China                Cablecom Loan (note 9)                                                                                                                                                                |   |              | 475,000    |              |   | - |   |
| Accrued                Interest on China Cablecom Loan                                                                                                                                                     |   |              | 25,597     |              |   | - |   |
| Taxes                payable                                                                                                                                                                               |   |              | 8,489      |              |   | 67,075 |   |
| Note                payable, stockholders (note 6)                                                                                                                                                         |   |              | 65,000     |              |   | - |   |
| Total                Current Liabilities                                                                                                                                                                   |   | $                 | 2,697,419  |              | $      | 199,688 |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| Common                Stock, subject to possible conversion, 919,540 shares at conversion                value                (note 1)                                                                     |   | $                 | 5,368,026  |              | $      | 5,189,769 |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| Commitment                (note 3)                                                                                                                                                                         |   |              |       |              |   |   |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| Stockholders'                equity (notes 4,5 and 7)                                                                                                                                                      |   |              |       |              |   |   |   |
| Preferred                Stock, $.0001 par value, Authorized 1,000.000 shares, none                issued                                                                                                  |   |              |       |              |   |   |   |
| Common                Stock, $.0001 par value, Authorized 20,000,000 shares, Issued and                outstanding 5,716,667 shares (which includes 919,540 subject to possible                conversion) |   | $                 | 572        |              | $      | 572 |   |
| Additional                paid-in capital                                                                                                                                                                  |   |              | 20,281,927 |              |   | 20,460,184 |   |
| Retained                earnings (deficit) accumulated during development stage:                                                                                                                           |   |              | (1,438,215 | )                 |   | 582,305 |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| Total                Stockholders' Equity                                                                                                                                                                  |   | $                 | 18,844,284 |              | $      | 21,043,061 |   |
|                                                                                                                                                                                                       |   |              |       |              |   |   |   |
| Liabilities                and Stockholders' Equity                                                                                                                                                        |   | $                 | 26,909,729 |              | $      | 26,432,518 |   |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Statements      of Operations**

----

|                                                                                                             |   |          |       |          |   | Period from       |   |
|------------------------------------------------------------------------------------------------------------------|--------|---------------|------------|---------------|--------|------------------------|--------|
|                                                                                                             |   | Year     |       | Year          |   | June 2, 2005 |   |
|                                                                                                             |   | ended         |       | ended         |   | (inception to)    |   |
|                                                                                                             |   | March 31 |       | March 31 |   | March 31          |   |
|                                                                                                             |   | 2008          |       | 2007          |   | 2008                   |   |
|                                                                                                             |   |          |       |          |   |                   |   |
| Income:                                                                                                          |   |          |       |          |   |                   |   |   |   |   |
| Interest                income                                                                                   |   | $             | 891,775    |          | $      | 894,117                |   | $ | 1,785,892 |   |
| Loss                on disposition of T-Bills                                                                    |   |          | -          |          |   | (2,285                 | )      |   | (2,285 | ) |
| Total                Income                                                                                      |   | $             | 891,775    |          | $      | 891,832                |   | $ | 1,783,607 |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Expenses:                                                                                                        |   |          |       |          |   |                   |   |   |   |   |
| General                and administrative expenses (Notes 3 and 10)                                              |   | $             | 2,920,160  |          | $      | 240,477                |   | $ | 3,161,837 |   |
| Interest                expense (Note 9)                                                                         |   |          | 25,597     |          |   | -                      |   |   | 25,597 |   |
|                                                                                                             |   | $             | 2,945,757  |          | $      | 240,477                |   | $ | 3,187,434 |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Income                (loss) before taxes                                                                        |   | $             | (2,053,982 | )             | $      | 651,355                |   | $ | (1,403,827 | ) |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Provision                for (recovery of) taxes (Note 8)                                                        |   | $             | (33,462    | )             | $      | 67,850                 |   | $ | 34,388 |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Net                income (loss) for period                                                                      |   | $             | (2,020,520 | )             | $      | 583,505                |   | $ | (1,438,215 | ) |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Accretion                of Trust Account relating to common stock subject to possible                conversion |   | $             | (178,257   | )             | $      | (178,276               | )      | $ | (356,533 | ) |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Net                income (loss) attributable to other common shareholders                                       |   | $             | (2,198,777 | )             | $      | 405,229                |   | $ | (1,794,748 | ) |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Number                of shares subject to possible conversion                                                   |   |          | 919,540    |          |   | 919,540                |   |   |   |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Net                income per share - basic and diluted                                                          |   | $             | 0.19       |          | $      | 0.19                   |   |   |   |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Weighted                average number of shares outstanding                                                     |   |          | 4,797,127  |          |   | 4,672,290              |   |   |   |   |
|                                                                                                             |   |          |       |          |   |                   |   |   |   |   |
| Net                income (loss) per share - basic and diluted                                                   |   | $             | -          |          | $      | 0.09                   |   |   |   |   |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Statements      of Stockholders’ Equity **

----

|                                                                                                                                                                        |   |              |      |    |   | Additional  |   | Retained      |        | Total  |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-----------|---------|--------|------------------|--------|---------------|-------------|--------|--------|
|                                                                                                                                                                        |   | Common Stock |      | Paid-In |   | Earnings         |   | Stockholder's |        |
|                                                                                                                                                                        |   | Shares            |      | Amount  |   | Capital          |   | (deficit)     |        | Equity |   |
| Balance June 2, 2005 (inception)                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Common                shares issued to initial stockholders                                                                                                                 |   |              | 1,000,000 |    | $      | 100              |   | $             | 24,900      |   | $      | - |   | $ | 25,000 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Net                Loss for the period                                                                                                                                      |   |              |      |    |   |             |   |          |        |   |   | (1,200 | ) |   | (1,200 | ) |
| Balance                March 31, 2006                                                                                                                                       |   |              | 1,000,000 |    | $      | 100              |   | $             | 24,900      |   | $      | (1,200 | ) | $ | 23,800 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Sale                of 4,000,000 units of underwriter's discount and offering expenses                (includes 799,600 shares subject to possible conversion)              |   |              | 4,000,000 |    |   | 400              |   |          | 21,626,463  |   |   | - |   |   | 21,626,863 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Proceeds                subject to possible conversion of 799,600 shares                                                                                                    |   |              | -         |    |   | -                |   |          | (4,357,820  | )      |   | - |   |   | (4,357,820 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Proceeds                from issuance of underwriter purchase option                                                                                                        |   |              | -         |    |   | -                |   |          | 100         |   |   | - |   |   | 100 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Proceeds                from issuance of insider units                                                                                                                      |   |              | 116,667   |    |   | 12               |   |          | 699,990     |   |   | - |   |   | 700,002 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Sale                of 600,000 units in overallotment (includes 119,940 shares subject                to                possible conversion), net of underwriter's discount |   |              | 600,000   |    |   | 60               |   |          | 3,311,940   |   |   | - |   |   | 3,312,000 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Proceeds                subject to possible conversion of 119,940 shares                                                                                                    |   |              | -         |    |   | -                |   |          | (653,672    | )      |   | - |   |   | (653,672 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Accretion                of trust relating to common stock subject to possible                conversion                                                                    |   |              | -         |    |   | -                |   |          | (178,276    | )      |   | - |   |   | (178,276 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Additional                offering expenses                                                                                                                                 |   |              | -         |    |   | -                |   |          | (13,441     | )      |   | - |   |   | (13,441 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Net                Income for the year ending March 31, 2007                                                                                                                |   |              | -         |    |   | -                |   |          | -           |   |   | 583,505 |   |   | 583,505 |   |
| Balance                March 31, 2007                                                                                                                                       |   |              | 5,716,667 |    |   | 572              |   |          | 20,460,184  |   |   | 582,305 |   |   | 21,043,061 |   |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Accretion                of trust relating to common stock subject to possible                conversion                                                                    |   |              | -         |    |   | -                |   |          | (178,257.06 | )      |   | - |   |   | (178,257.06 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Net                loss for the year ending March 31, 2008                                                                                                                  |   |              | -         |    |   | -                |   |          | -           |   |   | (2,020,520.00 | ) |   | (2,020,520.00 | ) |
|                                                                                                                                                                        |   |              |      |    |   |             |   |          |        |   |   |   |   |   |   |   |
| Balance                March 31, 2008                                                                                                                                       |   |              | 5,716,667 |    | $      | 572              |   | $             | 20,281,927  |   | $      | (1,438,215 | ) | $ | 18,844,284 |   |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Statements      of Cash Flows**

----

|                                                                                                          |   |          |       |           |   | Period from       |   |
|---------------------------------------------------------------------------------------------------------------|--------|---------------|------------|----------------|--------|------------------------|--------|
|                                                                                                          |   | Year          |       | Year           |   | June 2, 2005 |   |
|                                                                                                          |   | ended         |       | ended          |   | (inception to)    |   |
|                                                                                                          |   | March 31 |       | March 31, |   | March 31,         |   |
|                                                                                                          |   | 2008          |       | 2007           |   | 2008                   |   |
|                                                                                                          |   |          |       |           |   |                   |   |
| Cash                Flows from operating activities                                                           |   |          |       |           |   |                   |   |   |   |   |
| Net                Income (loss) for the period                                                               |   | $             | (2,020,520 | )              | $      | 583,505                |   | $ | (1,438,215 | ) |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
| Adjustments              to reconcile net income to net cash provided by operations                           |   |          |       |           |   |                   |   |   |   |   |
| (Increase)                decrease in prepaid expenses and other assets                                       |   |          | 22,720     |           |   | (46,259                | )      |   | (23,539 | ) |
| Increase                in accrued merger costs                                                               |   |          | 1,973,282  |           |   | -                      |   |   | 2,086,644 |   |
| Increase                in accounts payable                                                                   |   |          | 17,438     |           |   | 19,251                 |   |   | 36,689 |   |
| Increase                (Decrease) in income taxes payable                                                    |   |          | (58,586    | )              |   | 67,075                 |   |   | 8,489 |   |
| Increase                in accrued interest - China Cablecom loan                                             |   |          | 25,597     |           |   | -                      |   |   | 25,597 |   |
| Decrease                (increase) in deferred merger costs                                                   |   |          | 202,774    |           |   | (89,412                | )      |   | - |   |
| (Increase)                decrease in interest receivable                                                     |   |          | 9,864      |           |   | (76,552                | )      |   | (66,688 | ) |
| Net                cash provided by operating activities                                                      |   | $             | 172,569    |           | $      | 457,608                |   | $ | 628,977 |   |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
| Cash                Flows from Investing activities                                                           |   |          |       |           |   |                   |   |   |   |   |
| Cash                and cash equivalents held in trust account                                                |   | $             | (901,595   | )              | $      | (25,913,282            | )      | $ | (26,814,877 | ) |
| Net                cash used in investing activities                                                          |   | $             | (901,595   | )              | $      | (25,913,282            | )      | $ | (26,814,877 | ) |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
| Cash                Flow from Financing activities                                                            |   |          |       |           |   |                   |   |   |   |   |
| Proceeds                from initial public offering, net                                                     |   | $             | -          |           | $      | 25,723,855             |   | $ | 25,723,855 |   |
| Proceeds                from notes payable, shareholders                                                      |   |          | 65,000     |           |   |                   |   |   | 140,000 |   |
| Proceeds                from China Cablecom Loan                                                              |   |          | 475,000    |           |   | -                      |   |   | 475,000 |   |
| Payment                of notes payable, shareholders                                                         |   |          | -          |           |   | (75,000                | )      |   | (75,000 | ) |
| Proceeds                from issuance of shares of common stock to initial                shareholders        |   |          | -          |           |   | -                      |   |   | 25,000 |   |
| Payment                of deferred offering costs                                                             |   |          | -          |           |   |                   |   |   | (98,330 | ) |
| Net                cash provided by financing activities                                                      |   | $             | 540,000    |           | $      | 25,648,855             |   | $ | 26,190,525 |   |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
| Net                increase in cash and cash equivalents                                                      |   | $             | (189,026   | )              | $      | 193,181                |   | $ | 4,625 |   |
| Cash                and cash equivalents at beginning of period                                               |   |          | 193,651    |           |   | 470                    |   |   | - |   |
| Cash                and cash equivalents at end of period                                                     |   | $             | 4,625      |           | $      | 193,651                |   | $ | 4,625 |   |
|                                                                                                          |   |          |       |           |   |                   |   |   |   |   |
| Supplemental              disclosure of non-cash financing activities                                         |   |          |       |           |   |                   |   |   |   |   |
| Accretion                of trust fund relating to common stock subject to possible                conversion |   | $             | 178,257    |           | $      | 178,276                |   | $ | 356,533 |   |
| Fair                value of underwriter purchase option                                                      |   | $             | -          |           | $      | 759,500                |   | $ | 759,500 |   |
| Taxes                paid                                                                                     |   | $             | 25,124     |           | $      | 745                    |   | $ | 25,869 |   |
| Interest                paid                                                                                  |   | $             | -          |           | $      | -                      |   | $ | - |   |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Summary      of Significant Accounting Policies**

----

| **Cash                and Cash****Equivalents**                    |   | The                Company considers all highly liquid investments with original maturities                of three months or less to be cash equivalents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|-------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **Securities                Held in****Trust                Fund**      |   | The                Company carries its investment in U.S. government securities at cost,                which approximates fair value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                                                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **Income                Taxes**                                         |   | The                Company follows Statement of Financial Accounting Standards No. 109                (“SFAS                No. 109”), “Accounting for Income Taxes” which is an asset and liability                approach that requires the recognition of deferred tax assets and                liabilities for the expected future tax consequences of events that                have                been recognized in the Company’s financial statements or tax                returns.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **Net                Income (Loss)****per                Common Share** |   | Basic                net income (loss) per share is computed by dividing net** **income                (loss) applicable to common stock by the weighted average common                shares                outstanding during the period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                    |   | Basic                earnings (loss) per share excludes dilution and is computed by dividing                income (loss) available to common stockholders by the weighted average                common shares outstanding for the period. Calculation of the weighted                average common shares outstanding during the period is based on 1,000,000                initial shares outstanding throughout the period from June 2, 2005                (inception) to March 31, 2008 and 3,797,127 common shares outstanding                after the effective date of the offering on April 13, 2006. Net income                per                share subject to possible conversion is calculated by dividing accretion                of trust account relating to common stock subject to possible conversion                by 919,540 shares of common stock subject to possible conversion.                Diluted                earnings per share reflects the potential dilution that could occur                if                securities or other contracts to issue common stock were exercised                or                converted into common stock or resulted in the issuance of common                stock                that then shared in the earnings of the entity. For the years ending                March                31, 2008 and March 31, 2007, there were no such potentially dilutive                securities. |
|                                                                    |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **Deferred                Offering****Costs**                           |   | Deferred                offering costs consisted principally of legal, audit and underwriting                fees                incurred that were charged to capital upon receipt of the proceeds                from                the offering during April 2006.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Summary      of Significant Accounting Policies**

----

| **Deferred                Merger****Costs**                   |   | Costs                related to proposed mergers are capitalized and were expensed at                the end                of the 2008 fiscal year, as a result of the business combination                with                China Cablecom being accounted for as a reverse                acquisition.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Use                of Estimates**                           |   | The                preparation of financial statements in conformity with accounting                principles generally accepted in the United States of America requires                management to make estimates and assumptions that affect the reported                amounts of assets and liabilities at the date of the financial statements                and the reported amounts of expenses during the reporting period.                Actual                results could differ from those estimates.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Statements                of Cash****Flows:**               |   | Certain                reclassifications have been made in the statements of cash flows                to                conform prior period data with the current presentation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|                                                          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| **Recently                Issued****Accounting****Standards** |   | In                July 2006, the Financial Accounting Standards Board (“FASB”) issued                Interpretation No. 48 (“FIN 48”), “Accounting for Uncertainty in Income                Taxes, and Interpretation of FASB Statement No. 109.” FIN 48 clarifies the                accounting for uncertainty in income taxes recognized in a company’s                financial statements and prescribes a recognition threshold and                measurement attribute for the financial statement recognition and                measurement of a tax position taken or expected to be taken in an                income                tax return. FIN 48 also provides guidance in derecognition,                classification, interest and penalties, accounting in interim periods,                disclosures and transition. FIN 48 was effective for the fiscal years                beginning after December 15, 2006. The adoption of FIN 48 did not                have a                significant effect on the Company’s balance sheet or statements of                operations.  In                September 2006, the FASB issued Statement No. 157, Fair Value Measurements                (“SFAS No. 157”), which defines fair value, establishes a framework for                measuring fair value, and expands disclosures about fair value                measurements. SFAS No. 157 applies to other accounting pronouncements                that                require or permit fair value estimates. The new guidance is effective                for                financial statements issued for fiscal years beginning after November                15,                2007, and for interim periods within those fiscal years. The Company                will                evaluate the potential impact, if any, of the adoption of SFAS No.                157 on                its financial position and results of operations.    |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Summary      of Significant Accounting Policies**

----

|   |   | In                February 2007, the FASB issued SFAS No. 159, “the Fair Value Option for                Financial Assets and Financial Liabilities – including an amendment of                FASB No. 115 (“SFAS No. 159”). SFAS No. 159 permits entities to elect to                measure many financial instruments and certain other items at fair                value.                Upon adoption of SFAS No. 159, an entity may elect the fair value                option                for eligible items that exist at the adoption date. Subsequent to                the                initial adoption, the election of the fair value option should only                be                made at initial recognition of the asset or liability or on a                remeasurement event that gives rise to new-basis accounting. SFAS                No. 159                does not effect any existing accounting literature that requires                certain                assets and liabilities to be carried at fair value nor does it eliminate                disclosure requirements included in other accounting standards. SFAS                No.                159 is effective for fiscal years beginning after November 15, 2007.                The                Company is evaluating whether it will adopt the provisions of SFAS                No.                159.  In                December 2007, the FASB issued SFAS 141 (revised 2007), *Business                Combinations,*(“SFAS                141(R)”). SFAS 141(R) retains the fundamental requirements of the original                pronouncement requiring that the purchase method be used for all                business                combinations, but also provides revised guidance for recognizing                and                measuring identifiable assets and goodwill acquired and liabilities                assumed arising from contingencies, the capitalization of in-process                research and development at fair value, and the expensing of                acquisition-related costs as incurred. SFAS 141(R) is effective for                fiscal                years beginning after December 15, 2008. In the event that the Company                completes acquisitions subsequent to its adoption of SFAS 141 (R),                the                application of its provisions will likely have a material impact                on the                Company’s results of operations, although the Company is not currently                able to estimate that impact. In                December 2007, the FASB issued SFAS 160, *Noncontrolling                Interests in Consolidated Financial Statements – an amendment of ARB No.                51.*SFAS                160 requires that ownership interests in subsidiaries held by parties                other than the parent, and the amount of consolidated net income,                be                clearly identified, labeled and presented in the consolidated financial                statements. It also requires once a subsidiary is deconsolidated,                any                retained noncontrolling equity investment in the former subsidiary                be                initially measured at fair value. Sufficient disclosures are required                to                clearly identify and distinguish between the interests of the parent                and                the interests of the noncontrolling owners. It is effective for fiscal                years beginning after December 15, 2008, and requires retroactive                adoption                of the presentation and disclosure requirements for existing minority                interests. All other requirements are applied prospectively. The                Company                does not expect the adoption of SFAS 160 to have a material impact                on its                financial condition or results of operations.  Management                does not believe that any other recently issued, but not yet effective                accounting standard if currently adopted would have a material effect                on                the Company’s financial                statements. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

----

| **1.** | **Organization****and****Business****Operations** |   | Jaguar                Acquisition Corporation (the “Company”) was incorporated in Delaware on                June 2, 2005 as a blank check company whose objective is to acquire                an                operating business. The Company’s initial stockholders purchased 1,200,000                shares of common stock, $.0001 par value, for $25,000 in July                2005.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|--------|---------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                              |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                              |   | The                registration statement for the Company’s initial public offering                (“Offering”) was declared effective April 5, 2006. The Company consummated                the offering on April 13, 2006 and received net proceeds of approximately                $21,600,000 from the sale of 4,000,000 units. The Company incurred                $110,330 in deferred offering costs as of March 31, 2006 which were                charged to Additional Paid-In Capital at the time of the initial                public                offering. On April 18, 2006 the underwriters exercised their                over-allotment option and the Company received net proceeds of                approximately $3,300,000. The Company’s management has broad discretion                with respect to the specific application of the net proceeds of this                Offering, although substantially all of the net proceeds of this                Offering                were intended to be generally applied toward consummating a business                combination with an operating business (“Business Combination”). An amount                of $25,098,002 (including $700,002 of proceeds from the Insider Units                discussed in Note 7) was placed in an interest-bearing trust account.                As                of March 31, 2008 an amount of $26,881,565 (which includes accrued                interest of $66,688) was being held in an interest-bearing trust                account                (“Trust Account”) until the consummation of the Business Combination. As                discussed in Notes 9 and 10, a Business Combination in the form of                a                reverse merger with China Cablecom Ltd was executed and approved                by the                Company’s shareholders on April 9, 2008. The                remaining net proceeds (not held in the Trust Account) were used                to pay                for business, legal and accounting due diligence on prospective                acquisitions and continuing general and administrative expenses.                 The                Company, after signing a definitive agreement for the acquisition                of a                target business, was to submit such transaction for stockholder approval.                In the event that stockholders owning 20% or more of the shares sold                in                the Offering vote against the Business Combination and exercise their                conversion rights described below, the Business Combination will                not be                consummated. |
|   |                                              |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                              |   | All                of the Company’s stockholders prior to the Offering, including all of the                officers and directors of the Company (“Initial Stockholders”), have                agreed to vote their 1,000,000 founding shares of common stock in                accordance with the vote of the majority in interest of all other                stockholders of the Company (“Public Stockholders”) with respect to any                Business Combination. After consummation of a Business Combination,                these                voting safeguards will no longer be                applicable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

----

|   |         |   | With                respect to a Business Combination which is approved and consummated,                any                Public Stockholder who voted against the Business Combination may                demand                that the Company convert his shares. The per share conversion price                will                equal the amount in the Trust Account, calculated as of two business                days                prior to the consummation of the proposed Business Combination, divided                by                the number of shares of common stock held by Public Stockholders                at the                consummation of the Offering. Accordingly, Public Stockholders holding                19.99% of the aggregate number of shares owned by all Public Stockholders                may seek conversion of their shares in the event of a Business                Combination. Such Public Stockholders are entitled to receive their                per                share interest in the Trust Account computed without regard to the                shares                held by Initial Stockholders. In this respect, $5,368,026 (which                includes                $356,533 accretion of Trust Fund) has been classified as common stock                subject to possible conversion at March 31, 2008. The                Company’s Certificate of Incorporation had provided for mandatory                liquidation of the Company in the event that the Company did not                consummate a Business Combination within 18 months from the date                of the                consummation of the Offering (such date was October 13, 2007), or                24                months from the consummation of the Offering if certain extension                criteria                had been satisfied (such date was April 13, 2008) (see Notes 9 and                10).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|--------|--------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |         |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| **2.** | **Offering** |   | The                Company sold 4,600,000 units (“Units”) in the Offering, which includes the                600,000 Units subject to the underwriters’ over-allotment. Each Unit                consists of one share of the Company’s common stock, $.0001 par value, and                two Redeemable Common Stock Purchase Warrants (“Warrants”). Each Warrant                entitles the holder to purchase from the Company one share of common                stock                at an exercise price of $5.00 commencing the later of the completion                of a                Business Combination or one year from the effective date of the Offering                and expiring four years from the effective date of the Offering.                The                Warrants will be redeemable, upon prior written consent of                EarlyBirdCapital, Inc., the representative of the underwriters in                the                Offering (“Representative”), at a price of $.01 per Warrant upon 30 days’                notice after the Warrants become exercisable, only in the event that                the                last sale price of the common stock is at least $8.50 per share for                any 20                trading days within a 30 trading day period ending on the third day                prior                to the date on which notice of redemption is given. In connection                with                this Offering, the Company issued an option, for $100, to the                Representative to purchase 350,000 Units at an exercise price of                $9.10 per                Unit. At April 5, 2006, the Company estimated that the fair value                of this                unit purchase option was approximately $759,500 ($2.17 per Unit)                using a                Black-Scholes option-pricing model. The fair value of the unit purchase                option was estimated using the following assumptions: (1) expected                volatility of 48.79%, (2) risk-free interest rate of 4.79% and (3)                expected life of 5 years. The Company accounted for the fair value                of the                unit purchase option as an expense of the Offering resulting in a                charge                directly to stockholders' equity. The unit purchase option may be                exercised for cash or on a "cashless" basis, at the holder's option,                such                that the holder may use the appreciated value of the unit purchase                option                (the difference between the exercise prices of the unit purchase                option                and the underlying Warrants and the market price of the Units and                underlying securities) to exercise the unit purchase option without                the                payment of any cash. In addition, the Warrants underlying such Units                are                exercisable at $5.00 per share. |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

----

| **3.** | **Commitment**                        |   | The                Company presently occupies office space provided by an affiliate                of an                Initial Stockholder. Such affiliate has agreed that, until a business                combination, it will make such office space, as well as certain office                and                secretarial services, available to the Company, as may be required                by the                Company from time to time. The Company has paid such affiliate $3,750                per                month for such services commencing on April 5, 2006, the effective                date of                the Offering. Amounts of $45,000 for the years ended March 31, 2008                and                2007 and** **$90,000                for the period from June 2, 2005 (inception) to March 31, 2008 are                included in general and administrative expenses for such                services. |
|--------|---------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                  |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **4.** | **Preferred                Stock**    |   | The                Company is authorized to issue 1,000,000 shares of preferred stock                with                such designations, voting and other rights and preferences as may                be                determined from time to time by the Board of Directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   |                                  |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **5.** | **Common                Stock**  |   | On                February 6, 2006, the Company's Board of Directors authorized a stock                dividend of 0.333333 shares of common stock for each outstanding                share of                common stock. All references in the accompanying financial statements                to                the number of shares of common stock have been retroactively restated                to                reflect these transactions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

----

**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

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|   |                                                 |   | At                March 31, 2008, 10,483,334 shares of common stock were reserved for                issuance upon exercise of redeemable warrants and the representative’s                unit purchase option.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
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|   |                                                 |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| **6.** | **Notes                Payable****Stockholders**     |   | In                June 2005, the Company issued an aggregate of $75,000 unsecured promissory                notes to its Initial Stockholders. The notes are non-interest-bearing                and                were paid following the consummation of the Offering from the net                proceeds                of the Offering. In July 2007, the Company issued an aggregate of                $65,000                unsecured promissory notes to its Initial Stockholders. The notes                are                non-interest-bearing and were repaid at the consummation of the merger                with China Cablecom (See Notes 9 and 10).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                 |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| **7.** | **Insider                Units**                     |   | Simultaneously                with the consummation of the Offering on April 13, 2006, certain                of the                Initial Stockholders and their affiliates purchased an aggregate                of                116,667 Units (“Insider Units”) at $6.00 per unit (for an aggregate                purchase price of $700,002) privately from the Company. All of the                proceeds received from these purchases were placed in the Trust Account.                The Insider Units are identical to the Units offered in the Offering                except that the Warrants underlying such Units may be exercisable                on a                cashless basis so long as such Warrants are held by the Initial                Stockholders or their affiliates. Additionally, the purchasers have                waived                their right to receive distributions upon the Company’s liquidation prior                to a Business Combination with respect to the securities underlying                these                Insider Units. The purchasers have further agreed that the Insider                Units                and underlying securities will not be sold or transferred by them                until                after the Company has completed a Business Combination. |
|   |                                                 |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| **8.** | **Provision                for (Recovery of) Taxes** |        | **Provision                for (Recovery of) Taxes**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

|                                                                  |   |              |   | State Franchise |   |     |    |
|-----------------------------------------------------------------------|--------|-------------------|--------|----------------------|--------|----------|---------|
|                                                                  |   | Federal           |   | and                  |   | Total    |    |
|                                                                  |   | Income Taxes |   | Income Taxes    |   | Current  |    |
|                                                                  |   |              |   |                 |   |     |    |
| Year                endedMarch                31, 2008                |   | $                 | -      |                 |   | (33,462) | *  | $ | (33,462 | ) |
|                                                                  |   |              |   |                 |   |     |    |   |   |   |
| Year                endedMarch                31, 2007                |   | $                 | 2,000  |                 | $      | 65,850   |    | $ | 67,850 |   |
|                                                                  |   |              |   |                 |   |     |    |   |   |   |
| Period                from June 2, 2005 (inception) to March 31, 2008 |   | $                 | 2,000  |                 | $      | 32,388   |    | $ | 34,388 |   |

|   |   |   | * State                    tax recovery for the year-ending 3/31/08 was due to the prior                    over-accrual                    of Pennsylvania state                    taxes. |
|--------|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

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| **9.**  | **China                Cablecom Letter of Intent and Loan**                                  |   | On                October 16, 2006 the Company signed a Letter of Intent ("LOI") to                acquire                all of the issued and outstanding shares of China Cablecom Ltd.,                a British                Virgin Islands company, ("China Cablecom"), an emerging consolidated                cable                network operator in the highly populated Shandong Province in the                People's                Republic of China (PRC). To secure the proposed transaction, China                Cablecom has raised $20 million from debt and bridge financing. Subsequent                to obtaining this financing, China Cablecom loaned the Company $475,000                (the China Cablecom Loan) to pay for on-going expenses associated                with                consummating the Company’s business combination with China Cablecom.                 The                China Cablecom Loan carries an interest rate of 10% per annum. Interest                for the period from October 16, 2007 to March 31, 2007 was $25,597.                One-half of the principal, together with any then unpaid and accrued                interest is due and payable upon the tenth (10th)                day following the closing of the Business Combination, and the remainder                of the principal is due and payable, together with any then unpaid                and                accrued interest thereon and other amounts payable on the first                anniversary of the closing of the Business Combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
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|    |                                                                                         |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **10.** | **Merger                Agreement with China Cablecom and Subsequent                Merger** |   | On                October 30, 2007 the Company executed an Agreement and Plan of Merger                (“Merger Agreement”) to redomesticate from the State of Delaware to the                British Virgin Islands (the “Redomestication Merger”) through a merger                with and into the Company’s wholly-owned BVI subsidiary, China Cablecom                Holdings Ltd., which will be the surviving entity and to acquire                all of                the issued and outstanding shares of China Cablecom, Ltd (China Cablecom)                (the “Business Combination”). On November 2, 2007, the Company filed a                preliminary proxy statement on Schedule 14A, providing for the approval                by                the Company’s stockholders of the Redomestication Merger and the Business                Combination. China Cablecom is an emerging consolidated cable network                operator and acquirer in the highly-populated Shandong province in                the                People’s Republic of China (PRC).  On                March 19, 2008, the SEC approved the proxy statement and prospectus                associated with the Merger Agreement. The proxy statement and prospectus                were provided and notice was given to Jaguar stockholders for a special                meeting of stockholders would be held at the Company’s headquarters to                consider and vote upon the (1) Redomestication Merger Proposal, (2)                Business Combination Proposal, (3) Incentive Plan Proposal and (4)                Performance Share Proposal, all described in the proxy statement                and                prospectus sent to shareholders. Pursuant to the Merger Agreement,                under                the Redomestication Merger Proposal, Jaguar established a wholly                owned                subsidiary, China Cablecom Holdings, a British Virgin Islands company.                Subsequently, China Cablecom Holdings established a wholly owned                subsidiary, China Cable Merger Co., Ltd (China Cablecom Merger Co.),                effectively changing Jaguar’s domicile from the State of Delaware to the                British Virgin Islands and on April 9, 2008, China Cablecom Merger                Co,                merged with and into China Cablecom which became the surviving entity.                The                separate corporate existence of Jaguar ceased at that time. |

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**Jaguar      Acquisition Corporation**

**(A      corporation in the development stage)**

**Notes      to Financial Statements**

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|   |   |   | Under                the Business Combination Proposal, China Cablecom Holdings issued                China                Cablecom’s shareholders aggregate merger consideration of 2,066,680 of                China Cablecom Holdings’ shares (valued at approximately $14,260,092,                based on the closing price of Jaguar’s common stock on March 14, 2008) and                China Cablecom Holdings assumed $20 million in outstanding debt of                China                Cablecom. Stockholders of Jaguar received one China Cablecom Holdings                unit                for every Jaguar unit. Stockholders of Jaguar’s common stock received one                ordinary share of China Cablecom for every share of Jaguar stock.                Holders                of Jaguar warrants received one China Cablecom Holdings warrant for                every                Jaguar warrant.  Pursuant                to the Incentive Plan Proposal, stockholders approved the adoption                of                China Cablecom Holdings’2007 Omnibus Securities and Incentive Plan which                provided for the grant of up to 10,000,000 ordinary shares of China                Cablecom Holdings or cash equivalents to directors, officers, employees                and/or consultants of China Cablecom Holdings and its subsidiaries.                 Under                the Incentive Plan Proposal, stockholders approved the grant of up                to                8,120,000 ordinary shares (“Performance Shares”), pursuant to consulting                and other arrangements to certain of Jaguar and China Cablecom’s insiders                in connection with the Business Combination upon the achievement                of                certain financial goals of China Cablecom Holdings following the                Business                Combination and the payment of cash bonuses of up to $5,000,000 to                certain                officers and directors of Jaguar and China Cablecom following the                exercise                of existing warrants after the Business Combination. During                the period through March 31, 2008 the Company recorded merger related                costs aggregating $2,592,333 which were charged to general and                administrative expenses as a result of the merger being accounted                for as a                reverse acquisition.  On                April 9, 2008, the Company’s shareholders as of March 17, 2008, the record                date, approved the merger of the Company with China Cablecom. At                the time of the stockholder vote on the business combination, the                Company                offered each public stockholder (but not its initial stockholders)                the                right to have such stockholder’s shares of common stock converted to cash                if the stockholder votes against the business combination and the                business                combination is approved and completed. The initial                stockholders did not have such conversion rights with respect to                any                shares of common stock owned by them, directly or indirectly, whether                included in their initial shares, included in the insider units or                purchased by them in the IPO or in the after market. The actual per-share                conversion price was $5.85. The price per-share on the date of record,                March 18, 2008, was $6.90. Eligible stockholders could request conversion                after the mailing to our stockholders of the proxy statement and                prior to                the vote taken with respect to a proposed business combination at                a                meeting held for that purpose. Requests were granted only when the                stockholder voted against the business combination and the business                combination is approved and completed. The funds distributed to 310                stockholders entitled to convert their shares who elected conversion                were                distributed promptly after completion of the business combination                and                amounted to $1,815. |
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