“If a car dealership sells $1 million dollars worth of cars, then those are receipts.”
bIG didn’t sell a million dollars worth of video, they made minimal sales, but received ‘a million’ worth of advanced loans that they told the market were actual payments from customers, falsely inflating the success of their business model.
You need to get across that aspect.
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AFR article post BRTV creditors' meeting, page-78
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