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AFR article post BRTV creditors' meeting, page-38

  1. Barren_Wuffett
    29 Posts.
    lightbulb Created with Sketch. 9
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    31/05/18
    23:12
    Post #: 33419116
    BIG was making loads of sales and FC was issuing loads of funds. The funds went into an account controlled by FC. BIG then showed the funds as receipts.

    HOWEVER, BIG didn't have the money as the "sales" were really just subscriptions. In other words, promises to pay over time.
    Last edited by Barren_Wuffett: 31/05/18
    BIG Price at posting: $2.22 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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