I have a software licence for a block of X number of customers for a specific period. It's up to me whether or not I use my maximum number or not. It would be silly of me not to but that's for me to work out.
If I need more than my licence allows with the period in question, I have to pay more.
It would be nice if 'BI' have to pay $4m up-front and each time they manufacture a module their credit balance reduces until the $4m is exhausted - like how a franking machine works.
That might be why the company are having to check things out with Deloitte i.e. do they have any options as to how to treat the $4m.
All the hours spent on this BB digging around and getting absolutely nowhere fast and now a solid lead (Beijing Instruments) is provided and there's nothing to be said.
Do they actually exist?
Has anyone found an official website of the company that we can look at?
A month since the latest placing. A month of costs = £700K (or so) less in the bank. Therefore, the market adjusts the valuation down accordingly. Same thing next month and so on and so forth until the next placing.