Bravada International Ltd (BRAV)

[tmac7]

As I reread the report a couple of things stood out to me.
1. Pretty high salary for DA considering.
2. Warehouse rent seemed pretty high.
3. For the amount of sales the employee compensation seemed high.

Conclusion: DA is not running BRAV to make money but to keep getting by while rewarding himself and a couple of employees.

The numbers do not seem to add up for the amount of sales. I have run a small business with 7 employees and managed another with 70 so in my mind things do not look like he is even trying to make BRAV look good. Furthermore a real announcement or some feedback would do well for BRAV but he is totally silent.

What does anybody else think.