Dude, BIG is getting an advance on a customer that had not yet committed to any payment.
The repayment only becomes the risk of FC if or when a customer contracts for the 12 months. Until then the entire debt, I mean sponsorship amount, is at BIGs risk.
To the best of my understanding all of that $20m sponsorship line that was drawn is still at BIGs risk.
BIG Price at posting:
$2.22 Sentiment: Sell Disclosure: Held
