BIG 0.00% $2.22 big un limited

Ann: Response to ASX Query Letters, page-55

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  1. 17,233 Posts.
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    I guess they have too, haha they are upfronting BRTV/BIG cash receipts for a product not fully accepted by the end user and not even produced, then receive 24% back day 1 as the kicker, then get shares to boot.

    Meanwhile in real life land Peter Pan the blonde surfer dude sales rep working out of the Goldy is sitting on 150k year selling free videos to anyone with an ABN and a phone.

    I gotta get myself a sales job there.


    I thought BIG stated very clearly that FCC paid in cash for the non disclosed shares?

    Now it's changed too....cash and services?
    What, 24% commission on their own funding not enough?

    Again I ask, what services?

    Sorry but I think this $20,000,000 credit line (which is now more or less fully drawn) and not mentioned as debt facility? which is actually 55% of cash receipts not 35%?? is more or less a prop for highly caveatable cash receipts for a product not yet completed and worse still, not even fully accepted by the end buyer.

    Scary to be honest..... in many ways.
 
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