I've just watched the press conference myself:
http://www.youtube.com/watch?v=NJ_wYLXAvj8
14:00mins into the video Frank states:
"There will be an announcement from Boxnation
tomorrow concerning funding"
He seems pretty chuffed with himself. He also states at 18:00mins:
"You'll see tomorrow that Boxnation are turning a big corner."
Rumours are now rife in the land of boxing forums. One suggestion is BT have invested and will offer the channel as part of their own sports package from the summer. Another suggestion is Golden Boy have invested in the channel as part of their UK expansion. Remember it wasn't too long ago The Guardian suggested BT were after Boxnation.
http://www.independent.co.uk/sport/g...g-8449350.html