Re listing price, page-102

Big has slowed down on posting videos, only one set of three from jewelry shop in LA in the last two weeks.

My guess is that the new accountants have changed their rev rec procedures and BIG are only publishing videos from clients that commit to spend. They still may be producing for all we know, but my guess is that they only publish for customers that have signed on the line which is dotted.

We can keep our eyes open for a cash crunch in mid-June, maybe a little earlier. When a FCC financed customer does not proceed then BIG have 90 days to replace that customer? Or 180? If one 180 then the cash crunch could be pushed out six months. But free videos are not free to film and edit. So when the FCC tap is turned off then the free stuff must stop as cash is needed to pay rent, etc.

So, I guess I'm suggesting a cash crunch somewhere between mid-May and mid-June when the FCC front loaded money has run out and FCC either want regular payments from customers or their cash back from BIG with the 24% penalty. Given that the new lawyers and the new accountants would both probably want money is trust for their services, I expect the BIG cash crunch will come sooner rather than later. May is my guess (give the new accountants were announced mid-March and I think that's when the accounting procedures would have changed).