Capital Raise?, page-59

Dec 4C cash receipts of ~$22m, $18m forwarded to BIG for potential customers (breakdown: 24% fee back to FC, 35% accessible working capital, 41% actually still held by FC as future potential rev...perhaps classed as deferred rev?) ie divide 18m by ARPU to get the number of potential customers they managed to get an advance for in the quarter.

$4m cash receipts from US pilot sponsorship programs and general advertising revenue.

I have a theory, @Busy Bean and @Ryzie be good to hear your thoughts.

The deferred rev doesn’t relate to monthly sub payments (these monthly payments are actually paying off a subscription to FC loc) but reflects the final 41% waiting to go to BIG once an actual customer is locked in...deferred until a customer signs up.

Has that been discussed as a possibility already?