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How FC financing works for BIG, page-366

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Peru1

24 Posts.

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26/02/18

22:08

Post #: 31361344
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Originally posted by Thanky ↑

Hey @Peru1 I threw around some ideas about the sustainability early on here

Only point I would add is that once the App is released BIG said they would revisit all customers which would include Declined Customers (those that didn't proceed with the video through FCC or were denied credit by FCC) which would provide an opportunity to onboard them using the App as a selling point as well as the scale of all the businesses involved.

Check Clause 23 and 24 as a source about the 120 days to swap a customer over.

Yes I agree that the Sponsorship Pool only reduces amounts relating to shooting videos, not $12k.

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Thanks for your reply.

Yes, Clause 23 and 24 make no reference to a time frame in which BRTV have to swap in a customer (23(c)). The time frame is only in reference to the time (ie 120 days) in which BRTV need to deliver a video (23(a)).

BIG Price at posting: $2.22 Sentiment: Hold Disclosure: Held
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