Wow, really? They basically admitted that the Cash reported in the quarterlies is not cash at all. Many of us have assumed that cash would be recognised as revenue within 12 or 24 months, as the service is provided. Clearly that’s not the case. So, if that’s not the case, what has the growth of BIG actually been? There has been growth in potential customers but not growth in actual paying customers. That explains the low recurring revenue we saw in the last quarterly or half yearly report.
I guess we’ll find out how healthy hey are when they release the half yearly, these records will have less holes in the, or Dubius information than the quarterlies.
It’s amazing how upbeat some people still are.
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