Ann: Update Revenue growth, operating outcome, customer retention, page-33

Pre-payments have nothing to do with RR though. Their claim was that MRR = Op ex or they would be revenue neutral from a MRR perspective.

Regarding linear revenues - i've considered that and given them an advantage by equally weighting revenue growth. In reality revenue growth rate accelerates over time so by smoothing the curve and using a linear approach future revenues are brought forward which has an inflationary effect on their MRR. I could weight it more appropriately based on their historical performance but i wanted to give BTH as many advantages as possible.

That being said the more i learn about BTH the better i think the stock is and i'm in no way saying it's a crap stock. I will purchase BTH eventually, it's just a matter of when