Australia's largest stock trading and investment forum Australia's #1 stock forum

BIG

0.00%

$2.22 big un limited

Re listing price, page-103

First 103 Last

Share
Profile

Follow
Gusman1974

2,525 Posts.

172

09/04/18

10:15

Post #: 32311177
Share

Originally posted by OzJ ↑

Big has slowed down on posting videos, only one set of three from jewelry shop in LA in the last two weeks.

My guess is that the new accountants have changed their rev rec procedures and BIG are only publishing videos from clients that commit to spend. They still may be producing for all we know, but my guess is that they only publish for customers that have signed on the line which is dotted.

We can keep our eyes open for a cash crunch in mid-June, maybe a little earlier. When a FCC financed customer does not proceed then BIG have 90 days to replace that customer? Or 180? If one 180 then the cash crunch could be pushed out six months. But free videos are not free to film and edit. So when the FCC tap is turned off then the free stuff must stop as cash is needed to pay rent, etc.

So, I guess I'm suggesting a cash crunch somewhere between mid-May and mid-June when the FCC front loaded money has run out and FCC either want regular payments from customers or their cash back from BIG with the 24% penalty. Given that the new lawyers and the new accountants would both probably want money is trust for their services, I expect the BIG cash crunch will come sooner rather than later. May is my guess (give the new accountants were announced mid-March and I think that's when the accounting procedures would have changed).

Expand

Their Facebook page tells a different story, my guess is you are looking in the wrong place?

BIG Price at posting: $2.22 Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

As Nvidia cools, we're looking to Aussie AI

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

There are more pages in this discussion • 23 more messages in this thread...

First 103 Last

Add BIG (ASX) to my watchlist

Re listing price, page-103

Top Stories

Shekel Brainweigh investor presentation webinar – the future of retail automation

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

As Nvidia cools, we're looking to Aussie AI

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Featured News