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$2.22 big un limited

Re listing price, page-18

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iamagenius

6,582 Posts.

472

06/04/18

20:44

Post #: 32283766
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Originally posted by ZMan ↑

Growth is not the issue now.
The company has taken a huge gamble using shareholder funds and borrowed money to produce videos which customers have not agreed to pay for.
To date, they haven’t shown that their business model is viable/profitable. They have had to borrow money and pay for expenses by issuing new shares.
Rapid expansion of this business model is a huge risk for shareholders and lenders.
The key for their short term solvency is proving this model is profitable.

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facebook should by 10% of the company

BIG Price at posting: $2.22 Sentiment: None Disclosure: Held
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