Thanks for explaining. I went back and re-read it. What you're saying does sound correct.
I'm wondering though as this new agreement was entered in December 2017 which is after the growth increased most substantially, would you consider this a calculated risk by management?
Factor in the current growth rate of customers from 2016 to 2017 it's conceivable that management have been able to assess the risk of the cancellations and their ability to replace those customers with new ones. As they said in this response document that they haven't had to pay any cancellations to date. The agreement ends in 2019 if I remember correctly. So that would tell me that the current growth is expected to continue for that amount of time and after the next two quarters there would be enough actual cash in the bank to cover any cancellations that could not be filled.
I'd be interested to hear your thoughts around this theory?
Imo everything has a price. The agreement with FC has a price and this company also has a price, but what is it?
BIG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
