Below is your assessment of the BIG financials, a company now in administration following revelations of completely false and misleading financial information. Even though many others were under no allusion as to the insolvency of BIG you were still singing their praises.
I hope you will forgive me for not taking your comments about APT seriously.
Warnie said: ↑ P&L Accounts
I'm comfortable that P&L accounts are fine. The conversion from deferred revenue liability to revenue income starts once the customer accepts video and is pro-rated over 12 month contract life.
Why would a "FCC approved" customer's revenue be pro-rated when FCC have then paid the full 12 months at 76% of video offer to BIG?
APT Price at posting:
$21.22 Sentiment: Buy Disclosure: Held
