  We analyse Theta+ production in the gamma+D -> \Lambda+n+K+ reaction and
study the dependence of the gamma+D -> \Lambda+n+K+ differential cross section
on the nK+ invariant mass and on the momentum of the final neutron p_n. We
examine the important role of the interference between the signal and
background contributions to the gamma+D -> \Lambda+n+K+ amplitude in the
extraction of the Theta+ signal from the gamma+D -> \Lambda+n+K+ cross section.
We demonstrate that as a result of the cancellation between the interference
and signal contributions, the Theta+ signal almost completely washes out after
the integration over p_n. This is consistent with the CLAS conclusion that no
statistically significant structures in the analysis of the gamma+D ->
\Lambda+n+K+ reaction were observed. Therefore, there is no disagreement
between the theory and the experiment and the CLAS result does not refute the
existence of the Theta+.
