This is what you call great analysis, page-7

His opening few paragraphs is incorrect. He assumes if a customer that goes through finstro agrees to a video after production and then defaults, big would have repay it. As noted in their earlier annoucement if the customer defaults then its finstro's dilema.

Still think this a big problem, but not as bad as it never trading again. The business model is clever in achieving fast growth, but as they did not disclose it at the time, it looks worse than is actually is.

The real problem here is not finstro, its the share issue. All imo.