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03/03/18
07:48
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Originally posted by john_utah
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I can't believe people still have BUY sentiments.
This thing is cooked.
Unless the sponsorship pool is increased there will be tiny revenue being booked over the next quarter as I doubt businesses are signing off on the FC $12k loan in the end. And seeing as BIG won't report on the number of "replaced" businesses we don't actually know how many businesses are not going ahead with the financing.
Have a look at how much revenue was booked that wasn't through FC capital. Zero. (Not including US revenue). So essentially they have zero organic growth. No businesses actually wanting these videos produced and prepared to paid upfront for then without an FC finance deal.
After each bit of information coming out there are still holders saying it's going to be alright. If I had cash tied up I'd be preparing for the worst. Not having access to it for a long time and when you do, it being reduced to almost zilch.
DYOR and all IMO of course...
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Not that it is any consulation but we didnt know anout the financing arrangements until the share went in to a trading holt and it hasnt come out of that.
That really was the first time anyone knew about the payments.
All hindsight now