2022 BRN Discussion, page-10575

Dolci, that's not quite correct. I posted on the other side a few weeks ago.Look up the history of Getswift. It was a game changer. They've recently gone broke. In a nutshell, ASIC has determined that if u can't ascribe a $ value to a signed contract, u can't release the ann to market. There are other complexities. If BRN are looking at listing on the Nasdaq, they won't be wanting to run foul of ASIC. It counts as a strike against them. BRN is a weird beast. It's basically reliant on 2nd and 3rd parties for it's income. How do u predict that, in the early stages? If they can't quantify, to a reasonable level of accuracy what an agreement will be worth to them, then they can't release that agreement as an ann. I'm sure most would agree, it's not right, and it's hindering the s/p. Unfortunately, they're the rules, as ridiculous as they are. GLTA