So when does BIG recognise their cash revenues? When the customer is "on boarded" (35pc of funds extended to BIG from FCC) ? But the customer has yet to accept the video?
Hence the term revenues was never used in each quarterly, cash revenues equates to cash receipts , realised revenues can only be recognised once the service is completed and here the customer may not even accept the video.
When I reviewed this, I had concerns about how real their revenues were; when the growth is too good to be true, it is doubtful it can be true.
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