| x | Quarterly                report under Section 13 or 15(d) of the Securities Exchange Act of                1934 |
|---|-----------------------------------------------------------------------------------------------------------------|

| o | Transition                report under Section 13 or 15(d) of the Exchange                Act |
|---|-----------------------------------------------------------------------------------------------|

| Delaware                                                                                     |   | 20-2942206                                                         |
|----------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|
| (State                or other Jurisdiction of Incorporation                or Organization) |   | (I.R.S.                Employer Identification                No.) |

| 161                Washington Street, Suite 1050, Conshohocken, Pennsylvania                19428 |
|---------------------------------------------------------------------------------------------------|
| (Address                of Principal Executive Office)                                            |

----

|                                                                                                                  |   | Page   |
|-----------------------------------------------------------------------------------------------------------------------|--------|--------|
| Part                  I: Financial Information:                                                                       |   |   |
|                                                                                                                  |   |   |
| Item                  1 –Financial Statements (Unaudited):                                                      |   |   |
|                                                                                                                  |   |   |
| Balance                  Sheets                                                                                       |   | 3      |
|                                                                                                                  |   |   |
| Statements                  of Operations                                                                             |   | 4      |
|                                                                                                                  |   |   |
| Statement                  of Stockholders’ Equity                                                              |   | 5      |
|                                                                                                                  |   |   |
| Statements                  of Cash Flows                                                                             |   | 6      |
|                                                                                                                  |   |   |
| Summary                  of Significant Accounting Policies                                                           |   | 7      |
|                                                                                                                  |   |   |
| Notes                  to Unaudited Financial Statements                                                              |   | 10     |
|                                                                                                                  |   |   |
| Item                  2 – Management’s Discussion and Analysis or Plan of                  Operation |   | 16     |
|                                                                                                                  |   |   |
| Item                  3 – Controls and Procedures                                                               |   | 17     |
|                                                                                                                  |   |   |
| Part                  II: Other Information                                                                           |   |   |
|                                                                                                                  |   |   |
| Item                  2 – Unregistered Sales of Equity Securities and Use of                  Proceeds          |   | 19     |
|                                                                                                                  |   |   |
| Item                  6 – Exhibits                                                                              |   | 19     |
|                                                                                                                  |   |   |
| Signatures                                                                                                            |   | 20     |

----

**Jaguar        Acquisition Corporation**

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

**Balance        Sheets**

----

|                                                                                                                                                                                                                              |   | **December 31** |       | **March 31** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------|------------|-------------------|--------|
|                                                                                                                                                                                                                              |   | **2007**             |       | **2007**          |   |
|                                                                                                                                                                                                                              |   | (Unaudited)          |       | (Audited)         |   |
| **Assets**                                                                                                                                                                                                                        |   |                 |       |              |   |
| Current                  Assets:                                                                                                                                                                                                  |   |                 |       |              |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |
| Cash                  and cash equivalents                                                                                                                                                                                        |   | $                    | 137,424    |              | $      | 193,651 |   |
| Cash                  and cash equivalents held in Trust Fund (note 2)                                                                                                                                                            |   |                 | 26,618,453 |              |   | 25,913,282 |   |
| Accrued                  interest receivable in Trust Fund (note 2)                                                                                                                                                               |   |                 | 70,557     |              |   | 76,552 |   |
| Prepaid                  expenses                                                                                                                                                                                                 |   |                 | 6,820      |              |   | 46,259 |   |
| Total                  Current Assets:                                                                                                                                                                                            |   | $                    | 26,833,254 |              | $      | 26,229,744 |   |
| Deferred                  acquisition costs                                                                                                                                                                                       |   |                 | 788,742    |              |   | 202,774 |   |
| Total                  Assets                                                                                                                                                                                                     |   | $                    | 27,621,996 |              | $      | 26,432,518 |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| **Liabilities                  and Stockholders' Equity**                                                                                                                                                                         |   |                 |       |              |   |   |   |
| Current                  Liabilities:                                                                                                                                                                                             |   |                 |       |              |   |   |   |
| Accounts                  payable                                                                                                                                                                                                 |   | $                    | 24,161     |              | $      | 19,251 |   |
| Accrued                  acquisition costs                                                                                                                                                                                        |   |                 | 289,959    |              |   | 113,362 |   |
| Accrued                  expenses                                                                                                                                                                                                 |   |                 | 30,000     |              |   | - |   |
| China                  Cablecom Loan (note 10)                                                                                                                                                                                    |   |                 | 475,000    |              |   | - |   |
| Accrued                  Interest on China Cablecom Loan (note 10)                                                                                                                                                                |   |                 | 13,458     |              |   | - |   |
| Taxes                  payable (note 9)                                                                                                                                                                                           |   |                 | 121,534    |              |   | 67,075 |   |
| Note                  payable, stockholders (note 7)                                                                                                                                                                              |   |                 | 65,000     |              |   | - |   |
| Total                  Current Liabilities                                                                                                                                                                                        |   | $                    | 1,019,112  |              | $      | 199,688 |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| Common                  Stock, subject to possible conversion, 919,540 shares at conversion                  value                  (note 2)                                                                                 |   | $                    | 5,329,534  |              | $      | 5,189,769 |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| Commitment                  (note 4)                                                                                                                                                                                              |   |                 |       |              |   |   |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| Stockholders'                  equity (notes 5,6 and 8)                                                                                                                                                                           |   |                 |       |              |   |   |   |
| 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                                                                                                                                                                                       |   |                 | 20,320,419 |              |   | 20,460,184 |   |
| Retained                  earnings accumulated during development stage:                                                                                                                                                          |   |                 | 952,359    |              |   | 582,305 |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| Total                  Stockholders' Equity                                                                                                                                                                                       |   | $                    | 21,273,350 |              | $      | 21,043,061 |   |
|                                                                                                                                                                                                                              |   |                 |       |              |   |   |   |
| Liabilities                  and Stockholders' Equity                                                                                                                                                                             |   | $                    | 27,621,996 |              | $      | 26,432,518 |   |

*See        summary of significant accounting policies and accompanying notes to financial        statements.*

----

**Jaguar          Acquisition Corporation**

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

**Statements          of Operations**

----

|                                                                                                                     |   |             |      |             |   |             |         |             |      | Period from       |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|------------------|-----------|------------------|--------|------------------|--------------|------------------|-----------|------------------------|--------|
|                                                                                                                     |   | Quarter          |      | Nine Months |   | Quarter     |         | Nine months |      | June 2, 2005 |   |
|                                                                                                                     |   | ended            |      | ended            |   | ended            |         | ended            |      | (inception to)    |   |
|                                                                                                                     |   | December 31 |      | December 31 |   | December 31 |         | December 31 |      | December 31       |   |
|                                                                                                                     |   | 2007             |      | 2007             |   | 2006             |         | 2006             |      | 2007                   |   |
|                                                                                                                     |   | (Unaudited)      |      | (Unaudited)      |   | (Unaudited)      |         | (Unaudited)      |      | (Unaudited)            |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |
| Income:                                                                                                                  |   |             |      |             |   |             |         |             |      |                   |   |
| Interest                    income                                                                                       |   | $                | 223,641   |             | $      | 699,199          |         | $                | 232,693   |                   | $      | 672,199 |   | $ | 1,593,316 |   |
| Loss                    on disposition of T-Bills                                                                        |   | $                | -         |             | $      | -                |         | $                | (2,285    | )                 | $      | (2,285 | )  | $ | (2,285 | ) |
| Total                    Income                                                                                          |   | $                | 223,641   |             | $      | 699,199          |         | $                | 230,408   |                   | $      | 669,914 |   | $ | 1,591,031 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Expenses:                                                                                                                |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| General                    and administrative expenses (Note 4)                                                          |   | $                | 102,790   |             | $      | 261,228          |         | $                | 47,649    |                   | $      | 171,174 |   | $ | 502,906 |   |
| Interest                    expense (Note 10)                                                                            |   | $                | 13,458    |             | $      | 13,458           |         | $                | -         |                   | $      | - |   | $ | 13,458 |   |
|                                                                                                                     |   | $                | 116,248   |             | $      | 274,686          |         | $                | 47,649    |                   | $      | 171,174 |   | $ | 516,364 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Net                    income before income taxes                                                                        |   | $                | 107,393   |             | $      | 424,513          |         | $                | 182,759   |                   | $      | 498,740 |   | $ | 1,074,667 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Provision                    for income taxes                                                                            |   | $                | 18,696    |             | $      | 54,459           |    | $                | 10,000    |                   | $      | 33,000 |   | $ | 122,308 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Net                    income for period                                                                                 |   | $                | 88,697    |             | $      | 370,054          |         | $                | 172,759   |                   | $      | 465,740 |   | $ | 952,359 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Accretion                    of Trust Account relating to common stock subject to possible                    conversion |   | $                | (44,701   | )           | $      | (139,765         | )            | $                | (46,058   | )                      | $      | (133,915 | ) | $ | (318,041 | ) |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Net                    income attributable to other common shareholders                                                  |   | $                | 43,996    |             | $      | 230,289          |         | $                | 126,701   |                   | $      | 331,825 |   | $ | 634,318 |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Weighted                    average number of shares subject to conversion                                               |   | $                | 919,540   |             | $      | 919,540          |         | $                | 919,540   |                   | $      | 873,890 |   |   |   |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Net                    income per share - basic and diluted                                                              |   | $                | 0.04      |             | $      | 0.15             |         | $                | 0.05      |                   | $      | 0.15 |   |   |   |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Weighted                    average number of shares outstanding                                                         |   |             | 4,797,127 |             |   | 4,797,127        |         |             | 4,797,127 |                   |   | 4,608,898 |   |   |   |   |
|                                                                                                                     |   |             |      |             |   |             |         |             |      |                   |   |   |   |   |   |   |
| Net                    income per share - basic and diluted                                                              |   | $                | 0.01      |             | $      | 0.05             |         | $                | 0.03      |                   | $      | 0.07 |   |   |   |   |

*See        summary of significant accounting policies and accompanying notes to financial        statements.*

----

**Jaguar          Acquisition Corporation**

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

**Statement          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                  (unaudited)                                                                           |   |              | -         |    | $      | -          |   | $             | (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 period 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                  (unaudited)                                                          |   |              | -         |    | $      | -          |   | $             | (139,765   | )      | $      | - |   | $ | (139,765 | ) |
|                                                                                                                                                                              |   |              |      |    |   |       |   |          |       |   |   |   |   |   |   |   |
| Net                  Income for the period ending December 31, 2007 (unaudited)                                                                                                   |   |              | -         |    | $      | -          |   | $             | -          |   | $      | 370,054 |   | $ | 370,054 |   |
|                                                                                                                                                                              |   |              |      |    |   |       |   |          |       |   |   |   |   |   |   |   |
| Balance                  December 31, 2007 (Unaudited)                                                                                                                            |   |              | 5,716,667 |    | $      | 572        |   | $             | 20,320,419 |   | $      | 952,359 |   | $ | 21,273,350 |   |

*See        summary of significant accounting policies and accompanying notes to financial        statements.*

----

**Jaguar          Acquisition Corporation**

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

**Statements          of Cash Flows**

----

|                                                                                                              |   |             |     |             |   | Period from       |   |
|-------------------------------------------------------------------------------------------------------------------|--------|------------------|----------|------------------|--------|------------------------|--------|
|                                                                                                              |   | Nine Months |     | Nine Months |   | June 2, 2005 |   |
|                                                                                                              |   | ended            |     | ended            |   | (inception) to    |   |
|                                                                                                              |   | December 31 |     | December 31 |   | December 31       |   |
|                                                                                                              |   | 2007             |     | 2006             |   | 2007                   |   |
|                                                                                                              |   | (Unaudited)      |     | (Unaudited)      |   | (Unaudited)            |   |
| Cash Flows from                  operating activities                                                   |   |             |     |             |   |                   |   |
| Net                  Income for the period                                                                        |   | $                | 370,054  |             | $      | 465,740                |   | $ | 952,359 |   |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
| Adjustments                  to reconcile net income to net cash provided by operations                           |   |             |     |             |   |                   |   |   |   |   |
| (Increase)                  decrease in prepaid expenses                                                          |   | $                | 39,439   |             | $      | (69,157                | )      | $ | (6,820 | ) |
| (Increase)                  in interest income                                                                    |   |             | (699,199 | )                |   | (672,199               | )      |   | (1,593,316 | ) |
| Increase                  in accrued expenses                                                                     |   |             | 30,000   |             |   | 5,974                  |   |   | 30,000 |   |
| Increase                  in accounts payable                                                                     |   |             | 4,910    |             |   | 730                    |   |   | 24,161 |   |
| Increase                  in taxes payable                                                                        |   |             | 54,459   |             |   | 33,000                 |   |   | 121,534 |   |
| Increase                  in accrued interest - China Cablecom loan                                               |   |             | 13,458   |             |   | -                      |   |   | 13,458 |   |
| Net                  cash used in operating activities                                                            |   | $                | (186,879 | )                | $      | (235,912               | )      | $ | (458,624 | ) |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
| Cash                  Flows from Investing activities                                                             |   |             |     |             |   |                   |   |   |   |   |
| Interest                  earned on cash and cash equivalents                                                     |   | $                | 699,199  |             | $      | 672,199                |   | $ | 1,593,316 |   |
| Accrued                  interest receivable                                                                      |   |             | 5,995    |             |   | (76,773                | )      |   | (70,557 | ) |
| Funds                  invested in trust account                                                                  |   |             | (705,171 | )                |   | (25,691,143            | )      |   | (26,618,453 | ) |
| Deferred                  acquisition costs                                                                       |   |             | (409,371 | )                |   | (44,850                | )      |   | (498,783 | ) |
| Net                  cash used in investing activities                                                            |   | $                | (409,348 | )                | $      | (25,140,567            | )      | $ | (25,594,477 | ) |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
| Cash                  Flow from Financing activities                                                              |   |             |     |             |   |                   |   |   |   |   |
| Proceeds                  from initial public offering, net                                                       |   | $                | -        |             | $      | 25,736,353             |   | $ | 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                  of 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  |             | $      | 25,661,353             |   | $ | 26,190,525 |   |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
| Net                  increase in cash and cash equivalents                                                        |   | $                | (56,227  | )                | $      | 284,874                |   | $ | 137,424 |   |
| Cash                  and cash equivalents at beginning of period                                                 |   |             | 193,651  |             |   | 470                    |   |   | - |   |
| Cash                  and cash equivalents at end of period                                                       |   | $                | 137,424  |             | $      | 285,344                |   | $ | 137,424 |   |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
|                                                                                                              |   |             |     |             |   |                   |   |   |   |   |
| Supplemental                  disclosure of non-cash financing activities                                         |   |             |     |             |   |                   |   |   |   |   |
| Accrued                  offering costs                                                                           |   |             |     |             | $      | 5,973                  |   | $ | - |   |
| Accrued                  acquisition costs                                                                        |   | $                | 176,597  |             |   |                   |   | $ | 289,959 |   |
| Accretion                  of trust fund relating to common stock subject to possible                  conversion |   | $                | 139,765  |             | $      | 133,915                |   | $ | 318,041 |   |
| Fair                  value of underwriter purchase option                                                        |   |             |     |             | $      | 759,500                |   | $ | 759,500 |   |
| Taxes                  Paid                                                                                       |   |             |     |             |   |                   |   | $ | 745 |   |

*See        summary of significant accounting policies and accompanying notes to financial        statements.*

----

**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 Per Share**       |   | Basic                earnings per share excludes dilution and is computed by dividing                income                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                December 31, 2007 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 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 equity. At December 31, 2007, there were no                such                potentially dilutive securities. |
|   |                                                                        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Deferred                Acquisition****Costs**                            |   | Costs                related to proposed acquisitions are capitalized and in the unlikely                event                the acquisition does not occur, the costs are expensed. At December                31,                2007, the Company has incurred $788,742 of such costs related to                the                proposed business combination discussed in Notes 10 and                11.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | **Use                of Estimates**                               |   | The                preparation of financial statements in conformity with accounting                principles generally accepted in the United States of America (“GAAP”)                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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

----

**Jaguar          Acquisition Corporation**

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

**Summary          of Significant Accounting Policies**

----

|   | **Statements                of Cash Flows:**                  |   | Certain                reclassifications have been made in the statements of cash flows                to                conform prior period data with the current                presentation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
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|   | **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, accounting for 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 material impact on the Company’s financial statements.                 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 under GAAP, 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.  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 and                may be                adopted earlier but only if the adoption is in the first quarter                of the                fiscal year and the Company has adopted SFAS No. 157. The Company                is                evaluating whether it will adopt the provisions of SFAS No. 159. |

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**Jaguar          Acquisition Corporation**

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

**Summary          of Significant Accounting Policies**

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|   |    |   | 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 consolidated financial statements. |
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**Jaguar      Acquisition Corporation**

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

**Notes      to Unaudited Financial Statements **

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| **1.** | **Basis                of Presentation**          |   | The                accompanying financial statements are unaudited and have been prepared                in                accordance with accounting principles generally accepted in the United                States of America for interim financial information and with the                instructions to Form 10QSB. Accordingly, certain information and                footnote                disclosures normally included in financial statements prepared in                accordance with accounting principles generally accepted in the United                States of America have been omitted pursuant to such rules and                regulations. These                financial statements should be read in conjunction with the audited                financial statements that were included in the Company’s Form 10-KSB for                the period ended March 31, 2007. |
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|   |                                              |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                              |   | In                the opinion of the Company, all adjustments (consisting primarily                of                normal accruals) have been made that are necessary to present fairly                the                financial position and results of operations of the Company. Operating                results for the interim periods presented are not necessarily indicative                of the results to be expected for a full year.                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                              |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **2.** | **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 1,000,000                shares of common stock, $.0001 par value, for $25,000 in June                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. 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 are intended to be generally                applied toward consummating a business combination with an operating                business (“Business Combination”). Furthermore, there is no assurance that                the Company will be able to successfully effect a Business Combination.                An                amount of $25,098,002 (including $700,002 of proceeds from the Insider                Units discussed in Note 8) was placed in an interest-bearing trust                account. As at December 31, 2007 an amount of $26,618,453 (plus accrued                interest of $70,557) is being held in an interest-bearing trust account                (“Trust Account”) until the earlier of (i) the consummation of a Business                Combination or (ii) liquidation of the Company. The remaining net                proceeds (not held in the Trust Account) may be used to pay for business,                legal and accounting due diligence on prospective acquisitions and                continuing general and administrative expenses. |
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**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements **

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|   |   |   | The                Company, after signing a definitive agreement for the acquisition                of a                target business, will 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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
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|   |   |   | 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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
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|   |   |   | 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, $5,329,534                (which includes $318,041 accretion of Trust Fund) has been classified                as                common stock subject to possible conversion at December 31,                2007. The                Company’s Certificate of Incorporation provides for mandatory liquidation                of the Company in the event that the Company does 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 since a Letter of Intent to acquire                China                Cablecom, Ltd. has been executed and announced (such date would be                April                13, 2008). In the event of liquidation, it is likely that the per                share                value of the residual assets remaining available for distribution                (including Trust Account assets) will be less than the initial public                offering price per share in the Offering due to costs related to                the                Offering (assuming no value is attributed to the Warrants contained                in the                Units sold in the Offering (See                Note 3)). |

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**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements **

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| **3.** | **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 the                underwriter, 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 of                the                underwriters to purchase 350,000 Units at an exercise price of $9.10                per                Unit. On 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 five 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 such cash. In addition, the warrants underlying such                Units                are exercisable at $5.00 per share. |
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| **4.** | **Commitment** |   | The                Company presently occupies office space with an affiliate of an Initial                Stockholder. Such affiliate has agreed that, until the acquisition                of a                target business by the Company, it will pay for office space leased                by the                Company, 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 agreed to pay such affiliate $3,750 per month for such services                commencing on April 5, 2006, the effective date of the Offering.                Amounts                of $11,250                for the three-month period ended December 31, 2007, $33,750 for the                nine-month period ended December 31, 2007 and $71,250                for the period from June 2, 2005 (inception) to December 31, 2007                are                included in general and administrative expenses for such                services.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

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**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements **

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| **5.** | **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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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| **6.** | **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. At                December 31, 2007, 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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| **7.** | **Notes                Payable****Stockholders** |   | 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                are to be paid back with proceeds from a non-recourse loan from China                Cablecom. (See Note 10.)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
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| **8.** | **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. |

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**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements **

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| **9.** | **Provision                for****Taxes** |   | Provision                for current taxes consists of: |
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|                                                                                               |   | FederalIncome Taxes |   | State FranchiseandIncome Taxes |   | TotalCurrent |   |
|----------------------------------------------------------------------------------------------------|--------|--------------------------|--------|------------------------------------------|--------|--------------|--------|
|                                                                                               |   |                     |   |                                     |   |         |   |   |   |   |
| Quarter                  endedDecember                  31, 2007                                   |   | $                        | -      |                                     |   | 18,696       |   | $  | 18,696 |   |
|                                                                                               |   |                     |   |                                     |   |         |   |   |   |   |
| Nine                  months endedDecember                  31, 2007                               |   | $                        | -      |                                     |   | 54,459       |   | $  | 54,459 |   |
|                                                                                               |   |                     |   |                                     |   |         |   |   |   |   |
| Quarter                  endedDecember                  31, 2006                                   |   | $                        | -      |                                     | $      | 10,000       |   | $ | 10,000 |   |
|                                                                                               |   |                     |   |                                     |   |         |   |   |   |   |
| Nine                  months endedDecember                  31, 2006                               |   | $                        | 2,000  |                                     | $      | 31,000       |   | $ | 33,000 |   |
|                                                                                               |   |                     |   |                                     |   |         |   |   |   |   |
| Period from June 2, 2005 (inception)to                  December 31, 2007 |   | $                        | 2,000  |                                     | $      | 120,308      |   | $ | 122,308 |   |

|    |                                                        |   | Due                to the majority of the Company’s interest being tax exempt, the Company                has an operating loss for Federal Income Tax purposes and the deferred                tax                asset resulting from such operating loss has been fully offset by                a                valuation allowance due to uncertainty of its                realization.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
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| **10.** | **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 December 31, 2007 was $13,458.                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 a 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. In the event                that                the business combination is not consummated by April 15, 2008, one-half                of                the principal amount is due and payable on the first anniversary                of the                issuance date of the note and one-half is due and payable on the                eighteen                month anniversary of the issuance date of note, provided that in                the event                that business combination is not consummated the Company is not obligated                to repay such principal or accrued interest.    |

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| **11.** | **Merger                Agreement signed with China Cablecom Ltd.** |   | On                October 31, 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).                                                                                                                                          |
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|    |                                                                |   | On                November 28, 2007, the executive officers of Jaguar Acquisition Corp.,                together with the Executive Chairman of China Cablecom Ltd., held                presentations at The Roth Conference - China Comes to Phoenix, regarding                Jaguar’s proposed business combination with China Cablecom Ltd., as                described in Jaguar’s Form 8-K filed on November 5, 2007. The investor                presentation is incorporated by reference herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|    |                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|    |                                                                |   | As                a result of initial comments by the SEC, on December 27, 2007, the                Company                filed                with the SEC a revised preliminary proxy statement on Schedule 14A                Subsequent to the end of the reporting period, as a result of additional                comments by the SEC, the Company entered into a warrant clarification                agreement regarding its outstanding warrants and filed a further                revised                preliminary proxy statement on January 23, 2008 on Schedule 14A.                In                addition, in connection with a potential dispute among investors                in                another company formed by the principal stockholder of China Cablecom,                on                January 11, 2008, the Company entered into a settlement agreement                relating                to such matters. For a more complete discussion of the proposed business                combination, including the risks that are applicable to the Company                with                respect to the acquisition of China Cablecom, see the Company’s revised                preliminary proxy statement on Schedule 14A filed January 23,                2008.  |
|    |                                                                |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|    |                                                                |   | The              Company expects that this transaction will be consummated in the first              or              second quarters of 2008, after the required approval by shareholders.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

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**ITEM      2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

**Forward      Looking Statements**

**Plan      of Operations**

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**ITEM      3. CONTROLS AND PROCEDURES.**

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**PART      II. **

**OTHER      INFORMATION**

**ITEM      2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS**

**ITEM      6: EXHIBITS**

|  | (a) | Exhibits: |
|--|-----|-----------|

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**SIGNATURES**

|                                                   | **JAGUAR                AQUISITION CORPORATION** |
|--------------------------------------------------------|--------------------------------------------------|
|                                              |
| Dated:                February 14,                2008 |                                             |
|                                                   | /s/                Jonathan Kalman               |
|                                                   | Jonathan                Kalman                   |
|                                                   | Chief                Executive Officer           |
|                                                   |                                             |
|                                                   | /s/                James S. Cassano              |
|                                                   | James                S. Cassano                  |
|                                                   | Chief                Financial Officer           |

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