Ann: ZOLEO Inc. Joint Venture Ownership, page-34

I applaud the actions of BCC to resolve the JV arrangement, what I do not recognise is other holders processing this as great news, as it is not and our SP will suffer. Maybe in LT this might be good, but in ST/MT this is going to get ugly, the SP will suffer and BCC's growth will be stifled. However, if we were to believe others this is all rosy and great and nothing bad is about to happen /nothingtoseehere.

These recent news are very much delivered in 'BCC-style' the luck is never on BCC's side. There was all this talk about the 2024 being the year of BCC and that it was a true inflection year, so that was going to be too much good news for BCC so to balance the Universe out: commercial dispute and relationship breakdown with your main partner was needed .

At this stage, you can only laugh, there have been many milestones in BCC's journey where they had an incredibly bad luck with timing, and this is just another one of those moments when it finally looked like the pivot/turnaround towards profitability was picking up momentum . Oh well another ~2 years of holding this bad boy for me.