| 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      |
|                                                                                                       |   |   |
| Statements                  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 |   | 7-15   |
|                                                                                                       |   |   |
| Item                  3 - Controls and Procedures                                                          |   | 17     |
|                                                                                                       |   |   |
| Part                  II: Other Information                                                                |   |   |
|                                                                                                       |   |   |
| Item                  2 - Unregistered Sales of Equity Securities and Use of                  Proceeds     |   | 18     |
|                                                                                                       |   |   |
| Item                  6 - Exhibits                                                                         |   | 18     |
|                                                                                                       |   |   |
| Signatures                                                                                                 |   | 19     |

----

**Jaguar        Acquisition Corporation**

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

**Balance        Sheets**

| **Assets**                                                             |   |   |       |   |   |
|------------------------------------------------------------------------|--------|--------|------------|--------|--------|
| Current                  assets:                                       |   |   |       |   |   |
| Cash                  and cash equivalents                             |   | $      | 474,315    |   | $      | 193,651 |   |
| Cash                  and cash equivalents held in Trust Fund (Note 2) |   |   | 26,384,929 |   |   | 25,913,282 |   |
| Accrued                  interest receivable in Trust Fund (Note 2)    |   |   | 80,462     |   |   | 76,552 |   |
| Prepaid                  expenses                                      |   |   | 3,290      |   |   | 46,259 |   |
| Total                  current assets                                  |   |   | 26,942,996 |   |   | 26,229,744 |   |
| Deferred                  acquisition costs                            |   |   | 599,969    |   |   | 202,774 |   |
| Total                  assets                                          |   | $      | 27,542,965 |   | $      | 26,432,518 |   |
| **Liabilities                  and Stockholders’ Equity**        |   |   |       |   |   |   |   |
| Current                  liabilities:                                  |   |   |       |   |   |   |   |
| Accounts                  payable                                      |   |   | 7,500      |   |   | 19,251 |   |
| Accrued                  expenses                                      |   |   | 30,000     |   |   | - |   |
| Accrued                  acquisition costs                             |   |   | 348,441    |   |   | 113,362 |   |
| China                  Cablecom Loan (note 10)                         |   |   | 475,000    |   |   | - |   |
| Note                  payable, stockholders (note 7)                   |   |   | 65,000     |   |   | - |   |
| Taxes                  payable                                         |   |   | 102,837    |   |   | 67,075 |   |
| Total                  current liabilities                             |   |   | 1,028,778  |   |   | 199,688 |   |
| Common                  Stock, subject to possible conversion,         |   |   | 5,284,833  |   |   | 5,189,769 |   |
| 919,540                  shares at conversion value (Note 2)           |   |   |       |   |   |   |   |
| 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                            |   |   | 20,365,120 |   |   | 20,460,184 |   |
| Retained                  earnings accumulated during                  |   |   |       |   |   |   |   |
| development                  stage                                     |   |   | 863,662    |   |   | 582,305 |   |
|                                                                   |   |   |       |   |   |   |   |
| Total                  stockholders’ equity                      |   |   | 21,299,354 |   |   | 21,043,061 |   |
|                                                                   |   |   |       |   |   |   |   |
| Total                  liabilities and stockholders’ equity      |   | $      | 27,542,965 |   | $      | 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                     |   |   | Six                Months   |   |   | Quarter                     |   |   | Six                Months   |   |   | June                2, 2005   |   |
|                                                                   |   |   | ended                       |   |   | ended                       |   |   | ended                       |   |   | ended                       |   |   | (inception                to) |   |
|                                                                   |   |   | September                30 |   |   | September                30 |   |   | September                30 |   |   | September                30 |   |   | September                30   |   |
|                                                                   |   |   | 2007                        |   |   | 2007                        |   |   | 2006                        |   |   | 2006                        |   |   | 2007                          |   |
|                                                                   |   |   | (Unaudited)                 |   |   | (Unaudited)                 |   |   | (Unaudited)                 |   |   | (Unaudited)                 |   |   | (Unaudited)                   |   |
| Income:                                                                |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Interest                income                                         |   | $      | 238,623                     |   | $      | 475,558                     |   | $      | 238,666                     |   | $      | 439,506                     |   | $      | 1,369,675                     |   |
| Loss                on disposition of Treasury Bills                   |   |   |                   |   |   |                   |   |   |                   |   |   | -                           |   |   | (2,285                        | )      |
| Total                Income                                            |   | $      | 238,623                     |   | $      | 475,558                     |   | $      | 238,666                     |   | $      | 439,506                     |   | $      | 1,367,390                     |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Expenses:                                                              |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| General                and administrative                              |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| and                formation expenses (Note 4)                         |   |   | 79,808                      |   |   | 158,439                     |   |   | 83,931                      |   |   | 123,525                     |   |   | 400,116                       |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Net                income before income taxes                          |   |   | 158,815                     |   |   | 317,119                     |   |   | 154,735                     |   |   | 315,982                     |   |   | 967,274                       |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Provision                for income taxes (Note 9)                     |   |   | 15,762                      |   |   | 35,762                      |   |   | 11,000                      |   |   | 23,000                      |   |   | 103,612                       |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Net                income for period                                   |   | $      | 143,053                     |   | $      | 281,357                     |   | $      | 143,735                     |   | $      | 292,981                     |   | $      | 863,662                       |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Accretion                of Trust Account relating to                  |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| common                stock subject to possible conversion             |   |   | (47,701                     | )      |   | (95,064                     | )      |   | (42,111                     | )      |   | (87,857                     | )      |   | (273,340                      | )      |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Net                income attributable to other                        |   | $      | 95,352                      |   | $      | 186,293                     |   | $      | 101,624                     |   | $      | 205,124                     |   | $      | 590,322                       |   |
| common                shareholders                                     |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Weighted                average number of shares subject to conversion |   |   | 919,540                     |   |   | 919,540                     |   |   | 919,540                     |   |   | 919,540                     |   |   |                          |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Net                income per share - basic and diluted                |   | $      | 0.05                        |   | $      | 0.10                        |   | $      | 0.05                        |   | $      | 0.10                        |   |   |                          |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Weighted                average number of shares outstanding           |   |   | 4,849,843                   |   |   | 4,849,843                   |   |   | 4,849,843                   |   |   | 4,849,843                   |   |   |                          |   |
|                                                                   |   |   |                        |   |   |                        |   |   |                        |   |   |                        |   |   |                          |   |
| Net                income per share - basic and diluted                |   | $      | 0.02                        |   | $      | 0.04                        |   | $      | 0.02                        |   | $      | 0.04                        |   |   |                          |   |

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

----

**Jaguar      Acquisition Corporation**

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

**Statements      of Stockholders’ Equity**

|                                                                                                   |   |   |                            |   |   |         |   |   | Additional   |   |   | Retained  |          |   |   | Total      |   |
|--------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------|--------|--------|--------------|--------|--------|--------------|--------|--------|-----------|---------------|--------|--------|------------|--------|
|                                                                                                   |   |   | Common                    Stock |   |   | Paid-In      |   |   | Earnings     |   |   |      | Stockholder's |   |
|                                                                                                   |   |   | Shares                          |   |   | Amount       |   |   | Capital      |   |   | (deficit) |          |   |   | Equity     |   |
| Balance,                    June 2, 2005 (inception)                                                   |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
| Common                    shares issued to initial stockholders                                        |   |   | 1,000,000                       |   | $      | 100          |   | $      | 24,900       |   | $      |      |          |   | $      | 25,000     |   |
| Net                    Loss for the period                                                             |   |   |                       |   |   |    |   |   |    |   |   | (1,200    | )             |   |   | (1,200     | )      |
| Balance                    March 31, 2006                                                              |   |   | 1,000,000`                      |   | $      | 100          |   | $      | 24,900       |   | $      | (1,200    | )             |   | $      | 23,800     |   |
| Sale                    of 4,000,000 units of underwriters'                                            |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
| 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 conversions of 119,940 shares                          |   |   | -                               |   |   | -            |   |   | (653,672     | )      |   | -         |          |   |   | (653,672   | )      |
|                                                                                                   |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
|                                                                                                   |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
| Accretion                    of trust relating to common stock subject to                              |   |   | -                               |   |   | -            |   |   | (178,276     | )      |   | -         |          |   |   | (178,276   | )      |
| possible                    conversion                                                                 |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
| 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                              |   |   | -                               |   |   | -            |   |   | (95,064      | )      |   |      |          |   |   | (95,064    | )      |
| possible                    conversion (unaudited)                                                     |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
|                                                                                                   |   |   |                            |   |   |         |   |   |         |   |   |      |          |   |   |       |   |
| Net                    Income for the period ending September 30, 2007                    (unaudited)  |   |   | -                               |   |   | -            |   |   | -            |   |   | 281,357   |          |   |   | 281,357    |   |
| Balance,                    September 30, 2007 (Unaudited)                                             |   |   | 5,716,667                       |   | $      | 572          |   | $      | 20,365,120   |   | $      | 863,662   |          |   | $      | 21,229,354 |   |

*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    |   |
|------------------------------------------------------------------------------------------------------|--------|-----------------------------|----------|-----------------------------|--------|-------------------------------|--------|
|                                                                                                 |   | Six                Months   |     | Six                Months   |   | June                2, 2005   |   |
|                                                                                                 |   | ended                       |     | ended                       |   | (inception                to) |   |
|                                                                                                 |   | September                30 |     | September                30 |   | September                30   |   |
|                                                                                                 |   | 2007                        |     | 2006                        |   | 2007                          |   |
|                                                                                                 |   | (Unaudited)                 |     | (Unaudited)                 |   | (Unaudited)                   |   |
| Cash                Flows from operating activities                                                  |   |                        |     |                        |   |                          |   |
| Net                Income (loss) for the period                                                      |   | $                           | 281,357  |                        | $      | 292,981                       |   | $ | 863,662 |   |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
| Adjustments                to reconcile net income                                                   |   |                        |     |                        |   |                          |   |   |   |   |
| (Increase)                decrease in prepaid expenses                                               |   |                        | 42,969   |                        |   | (91,553                       | )      |   | (3,290 | ) |
| Increase                in accrued expenses                                                          |   |                        | 30,000   |                        |   | 5,973                         |   |   | 30,000 |   |
| Increase                (decrease) in accounts payable                                               |   |                        | (11,751  | )                           |   | (8,250                        | )      |   | 7,500 |   |
| Increase                in income taxes payable                                                      |   |                        | 35,762   |                        |   | 23,000                        |   |   | 102,837 |   |
| Increase                in interest receivable                                                       |   |                        | (3,910   | )                           |   | (171,361                      | )      |   | (80,462 | ) |
| Net                cash provided by (used in) operating activities                                   |   | $                           | 374,427  |                        | $      | 50,790                        |   | $ | 920,247 |   |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
| Cash                Flows from Investing activities                                                  |   |                        |     |                        |   |                          |   |   |   |   |
| Cash                and cash equivalents held in trust account                                       |   | $                           | (471,647 | )                           | $      | (25,366,147                   | )      | $ | (26,384,929 | ) |
| Deferred                acquisition costs paid                                                       |   |                        | (162,114 | )                           |   |                          |   |   | (251,528 | ) |
| Net                cash used in investing activities                                                 |   | $                           | (633,763 | )                           | $      | (25,366,147                   | )      | $ | (26,636,457 | ) |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
| 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                                             |   | $                           | 280,664  |                        | $      | 345,996                       |   | $ | 474,315 |   |
| Cash                and cash equivalents at beginning of period                                      |   |                        | 193,651  |                        |   | 470                           |   |   | - |   |
| Cash                and cash equivalents at end of period                                            |   | $                           | 474,315  |                        | $      | 346,466                       |   | $ | 474,315 |   |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
|                                                                                                 |   |                        |     |                        |   |                          |   |   |   |   |
| Supplemental                disclosure of non-cash financing activities                              |   |                        |     |                        |   |                          |   |   |   |   |
| Accrued                offering costs                                                                |   |                        |     |                        | $      | 5,973                         |   |   |   |   |
| Accrued                acquisition costs                                                             |   | $                           | 235,079  |                        |   |                          |   | $ | 348,441 |   |
| Accretion                of trust fund relating to common stock subject to                           |   | $                           | 95,064   |                        | $      | 87,857                        |   | $ | 273,340 |   |
| possible                conversion                                                                   |   |                        |     |                        |   |                          |   |   |   |   |
| 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** | The                    Company considers all highly liquid investments with original                    maturities                    of three months or less to be cash equivalents. |
|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Equivalents**                      |

| **Securities                    Held in**         | The                    Company carries its investment in U.S. government securities                    at                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Trust                    Fund**                 | 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                    September 30, 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 September 30, 2007, there were                    no such                    potentially dilutive securities. |
|                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| **Deferred                    Offering Costs**    | Deferred                    offering costs consisted principally of legal, audit and underwriting                    fees                    incurred through the balance sheet date that were charged to                    capital upon                    receipt of the proceeds from the offering during April                    2006.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| **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 September                    30,                    2007, the Company has incurred $599,969 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                    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)**

**Notes            to Unaudited Financial Statements**

| **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. 10.” FIN 48 clarifies the                      accounting for uncertainty in income taxes recognized in a                      company’s                      financial statements and prescribes a recognition threshold                      and                      measurement attribute for the financial statement recognition                      and                      measurement of a tax position taken or expected to be taken                      in an income                      tax return. FIN 48 also provides guidance in derecognition,                      classification, interest and penalties, accounting in interim                      periods,                      disclosures and transition. FIN 48 was effective for the fiscal                      years                      beginning after December 15, 2006. The adoption of FIN 48 did                      not have a                      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 fives 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. The Company is evaluating whether it will adopt the provisions                      of                      SFAS No. 159. |

----

**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements**

|   | 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. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Jaguar      Acquisition Corporation**

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

**Notes      to Unaudited Financial Statements**

| **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. 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 period 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 1,200,000                  shares of common stock, $.0001 par value, for $25,000 in July                  2005.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   |                                                      | The                  registration statement for the Company’s initial public offering                  (“Offering”) was declared effective April 5, 2006. The Company consummated                  the offering on April 13, 2006 and received net proceeds of approximately                  $21,600,000 from the sale of 4,000,000 units. The Company incurred                  approximately $110,330 in deferred offering costs as of March 31,                  2006                  which were charged to Additional Paid-In Capital at the time of                  the                  initial public offering. On April 18, 2006 the underwriters exercised                  their over-allotment option and the Company received net proceeds                  of                  approximately $3,300,000. The Company’s management has broad discretion                  with respect to the specific application of the net proceeds of                  this                  Offering, although substantially all of the net proceeds of this                  Offering                  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 September                  30,                  2007 an amount of $26,384,929 (plus accrued interest of $80,462)                  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. Under the agreement governing the Trust                  Account, funds will only be invested in United States government                  securities (Treasury Bills) with a maturity of 180 days or less.                  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. |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |
|   |

----

**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements**

|        |  | 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. 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.  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, $5,284,833 (which                  includes                  $273,340 accretion of Trust Fund) has been classified as common                  stock                  subject to possible conversion at September 30, 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)). |
|--------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |

----

**Jaguar          Acquisition Corporation**

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

**Notes          to Unaudited Financial Statements**

| **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. |
|--------|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **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 September 30, 2007,                  $22,500                  for the six-month period ended September 30, 2007 and $67,500 for                  the                  period from June 2, 2005 (inception) to September 30, 2007 are                  included in                  general and administrative expenses for such                  services.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

----

**Jaguar      Acquisition Corporation**

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

**Notes      to Unaudited Financial Statements**

| **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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|--------|--------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| **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                September 30, 2007, 10,483,334 shares of common stock were reserved                for                issuance upon exercise of redeemable warrants and the representative’s                unit purchase option.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| **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 by China                Cablecom. (See Note 10.)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| **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. |

----

**Jaguar      Acquisition Corporation**

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

**Notes      to Unaudited Financial Statements**

| **9.** | **Provision                for****Taxes** | Provision                for current taxes consists of: |
|--------|-------------------------------------------|---------------------------------------------------------|

|                                                  |   |                          |   | State                  Franchise |   |    |   |
|-------------------------------------------------------|--------|-------------------------------|--------|----------------------------------|--------|---------|--------|
|                                                  |   | Federal                       |   | and                              |   | Total   |   |
|                                                  |   | Income                  Taxes |   | Income                  Taxes    |   | Current |   |
| Quarter                  ended                        |   |                          |   |                             |   |    |   |
| September                  30, 2007                   |   | $                             | -      |                             | $      | 15,762  |   | $ | 15,762 |   |
|                                                  |   |                          |   |                             |   |    |   |   |   |   |
| Six                  months ended                     |   |                          |   |                             |   |    |   |   |   |   |
| September                  30, 2007                   |   | $                             | -      |                             | $      | 35,762  |   | $ | 35,762 |   |
|                                                  |   |                          |   |                             |   |    |   |   |   |   |
| Quarter                  ended                        |   |                          |   |                             |   |    |   |   |   |   |
| September                  30, 2006                   |   | $                             | -      |                             | $      | 11,000  |   | $ | 11,000 |   |
|                                                  |   |                          |   |                             |   |    |   |   |   |   |
| Six                  months ended                     |   |                          |   |                             |   |    |   |   |   |   |
| September                  30, 2006                   |   | $                             | 2,000  |                             | $      | 21,000  |   | $ | 23,000 |   |
|                                                  |   |                          |   |                             |   |    |   |   |   |   |
| Period                  from June 2, 2005 (inception) |   |                          |   |                             |   |    |   |   |   |   |
| to                  September 30, 2007                |   | $                             | 2,000  |                             | $      | 101,612 |   | $ | 103,612 |   |

|    |                                                        | 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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|---------|-------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **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 of debt                and                equity 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. 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.    |

----

**Jaguar        Acquisition Corporation**

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

**Notes        to Unaudited Financial Statements**

| **11.** | **Subsequent                Event - 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 subsdiary, 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). 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 preliminary proxy statement on Schedule 14A.  The                Company expects that this transaction will be consummated in the                first                quarter of 2008, after the required approval by stockholders. |
|---------|----------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

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

**Forward      Looking Statements**

**Plan      of Operations**

----

**ITEM      3. CONTROLS AND PROCEDURES.**

----

**PART      II. **

**OTHER      INFORMATION**

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

**ITEM      6: EXHIBITS**

----

**SIGNATURES**

|                                  |                                                                  |                               |
|---------------------------------------|-----------------------------------------------------------------------|------------------------------------|
|                                  | **JAGUAR                AQUISITION****CORPORATION**                   |
|                             |                                                             |                          |
| Dated:              November __, 2007 |                                                                       | /s/                Jonathan Kalman |
|                                  | Jonathan                Kalman.Chief                Executive Officer |
|                                  |                                                                       |
|         |                                                                  |                              |
|--------------|-----------------------------------------------------------------------|-----------------------------------|
|    |                                                             |                         |
|              |                                                                       | /s/              James S. Cassano |
|         | James                S. CassanoChief                Financial Officer |

----