My honest thoughts on BIG..., page-5

What we do know they are weighted to the first month or two but their are still costs after this associated with consistent marketing and hosting of the video for example.

My point exactly is there may only be $3m more COGS for $9M in revenue. Margins can be skewed if they are pumping out videos as the revenue growth suggests.

I have changed my sentiment to hold - My personal opinion as I dont want to ramp is they would be breakeven or better for the last half given the size of deferred's. Which IMO where the company is at is great.

May take another 6 Months to convince the market, but happy to hold.

Cheers