Bravada International Ltd (BRAV)

[Soco54]

"In early December of 2014, Bravada International filed a Statement of Claim for $1,000,000+ (plus any addition damages and sanctions as provided by the courts) against a company that was using “Leggings World” as an their operating name. Bravada International provided three (3) notifications to cease and desist; October 15, October 27 and November 11, 2014, all of which were ignored. In early December, a Statement of Claim was filed. The “Company” promptly ceased use of the name “Leggings World” on December 13 after filing and serving them the Statement of Claim. Bravada International is seeking to recover all profits during the time “Leggings World” was being used as well as all legal costs it has incurred. The “Company” using “Leggings World” has since been cooperative in negotiating the final settlement and both parties are in discussions to settle the legal action. If a settlement is not reached, Bravada International will continue with its legal action, however, based on the current temperament, Bravada expects the legal action to be settled out of court."

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=131096