Originally Posted by
DynaMight
Its an old 8GB class 4 MicroSD, formatted to FAT32. Usually on older stuff you want to try to stay 32GB and below or atleast make sure its FAT32, sometimes it'll default to NTFS or ExFAT.
Actually one key part, which I totally forgot about, I just blinded did it when at like 6:30am before going racing for the day

The files need to be a folder called 'Firmware' I'd imagine this is the key. I'll update any posts above to save confusion.
It actually worked!
Creating a new folder and named it "Firmware" in the SD card, then putting the 3 files into it does the trick.
Amazes me how you came up with an idea like this... can't be a wild guess???
Anyways, I didn't went ahead to update either firmware for fear I cannot get back the original ones if something goes wrong. Risk of bricking the perfectly fine ESC is too much for me.
Thank you nonetheless for the guidance.