simple clear no nonsense - What have BIG done wrong, page-8

Illegal

> Third line forcing?
> Sale of a financial product without the necessary AFSL/Credit licenses
> Pre-sale of a finance product under cold calling (which is illegal)

Notes: you can't third line force, it is illegal, in other words, sell a video on a month to month subscription and advertise as such, then cold call and only approve the client IF they take the FCC LOC. The website does not say MUST be financed. Then again maybe they don't have to take finance. IF they (BRTV) are taking financial information over and above a name and number of the client, they are breaking the law if trying to also flog a financial product, ie FCC LOC, you require to be an authorise authority under the AFSL of FCC or/and be a credit rep under an ACL holder IMO.



Broken ASX Rules

> Issuance of shares without prior disclosure
> Issuing shares for unproven services rendered (could be an issue maybe?)


Unethical/totally misleading

Using advanced payments on product not yet completed nor accepted by the end customer to demonstrate a large increase in cash receipts on 4c's, and reporting a large % in QonQ increases on cash receipts, without giving the market the full understanding regarding what caveats are attached to such upfront payments, to make it clearer and allow the market to make decision regarding valuations based on all information that one would be considered material in nature.


There could potentially be other issues but these for mine are the main ones.