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You're confusing people's predictions / personal targets with discussion of when the quarterly and annual results are due.
Some people thought the official deadline was Nov 15th, which it would have been if it were just a Q3 report, but since it's the Q4 report & thus annual, they have 90 days, so people are simply correcting the mistaken assumption of a Nov 15 deadline.
One question, though. Is it the 90th day after the last day of the quarter? If so, I believe that would actually give them until Dec 29th, would it not?
Just checked the Saturday Alexa traffic numbers, and they were good.
Vivavuva.com had another huge pageview day, almost as high as Thursday's.
It also had its best reach day that I can find, with a reach double that of Thursday.
OnlyLeggings also had an extremely high reach for the day (310 in the units I use). That brought its average reach for the past week up to 160, which matched its highest one-week average ever, previously done only on the week ending January 17th of this year.
On Wednesday night I'll update the full week averages, since that's when I'll get the Monday stats in.
Not sure if this is a sign of "launch", but on Thursday (the 7th), VivaVuva.com had more pageviews than any of their 3 sites had in a single day for all of 2013.
It had 10 times the average daily pageviews for OnlyLeggings over the past 2 months.
It had 20 times the average daily pageviews for WorldOfLeggings over the past 2 months.
It had 30 times its own average daily pageviews over the previous 2 months.
On Friday, it fell back to 1/6 of what it had on Thursday, which was still "above average" compared to OL.
All the while, "reach" stayed at about the same level from Monday through Friday, so on Thursday, people were viewing a lot more pages per person.
Good info, and thanks for sharing your opinions.
Despite what Business Wire says, I believe the "soft-launch" was actually in May. The site and launch plans were announced in a PR on May 8th, and we know that order # 106 was placed on June 10th by one of the board-members here, so it was definitely taking orders by June 10th.
As you said, he "talked about" a dividend. He didn't promise one. He talked as if it were a remote possibility for the future, if the conditions merited it.
Keep in mind that even if his accounts are flush with deferred revenue, he's wise to not distribute it via dividends until he is sure he won't have to return it. As long as it's deferred, it means he might have to return it.
If non-deferred revenues start to skyrocket and the PPS does not follow suit, THAT is when I would expect serious consideration of a dividend.
Agree with you there. I'm already seeing holiday decorations in my local pharmacy.
The holiday shopping season is arriving quickly. The ads must start before Thanksgiving to get the biggest bang for the buck.
Just the opposite on most everything you said.
It's fairly obviously legit, not a scam.
They haven't said much at all lately.
I'm hoping this audit gets the balance sheet and income statement, etc. straightened out. There did seem to be some problems there, probably more due to not having good help with accounting than anything.
I think the recent price action on the stock is a sign that the business side of things is heading in the right direction.
I can't say I know how to interpret those accounting rules for this case, but one thing I'm pretty sure of: if they have to count it in liabilities, then they should also count the cash under assets.
It should be in both places, or neither place. Right now it's in neither place. I agree it should probably be in both places, but at least it's not "in one and not the other".
No, it was never said that the TV ads would be out in the first week of November.
I believe that DA is very busy doing "what he needs to do to make Brav grow and produce a profit". I don't see any reason to believe he's not, and plenty of reasons to believe he is.
I wouldn't call the website broken, just "not clean". It's certainly generating a lot of traffic. More pageviews than OL and WOL combined since Monday.
I think you're the only one who has suggested that.
I like BRAV's current business plan, or I wouldn't be here.
It depends a lot on how quickly and strongly the revenues grow, which at this point is not very predictable.
It also depends on audit getting done, chill getting lifted, etc., which are also not very predictable.
However, if the online sales are up as much as Nick has indicated, and that gets proven, then you should see 1 cent in the short-term (based on Price/Sales ratio of about 2) and if growth continues quickly to expected levels, we could very well reach the numbers you stated.
The definition of year-to-date is from January 1st to the present.
If you only looked at "high point of the year" to "present" then 99% of stocks would be down, and the rest would be break even. That's not a very good way of evaluating stock performance.
It's better to compare to a year ago, especially for seasonal stocks like BRAV. Compared to a year ago, this is doing quite well.
You might want to go back and check the history of this stock.
It DID "take off" at the beginning of this year.
So it's not like those who've been saying that were always wrong.
Also, those who do some analysis can see the seasonal patterns. Those patterns, along with the VivaVuva launch, give strong reason to believe it will "take off" again in the next few months. By what analysis do you think it will not move up?
Not really. It's just plain old, sensible, common sense wording. Nothing tricky about it. Nothing exclusively pink sheet about it.
They are not out yet, but they were not promised for any specific date... just sometime after the first week of November.
I agree 100% !!!!
Don't pretend to be the experts on style.
Don't put uncomfortable labels on people's styles, like "artsy hipster".
Let the people show their expertise!
They'll feel more respected, and the best ones will produce better results than BRAV's experts!
Who knows, maybe the most followed stylists can get jobs out of this, maybe even working for VivaVuva, picking out new clothes lines to sell!
So, you agree that the CEO making statements of timetables which weren't reached might be due to stupidity, in which case, his motive would not have been to encourange investors to buy stock.
Also, some of his claims did come true on time, so you can't say they "were all BS".
Thanks for the order number.
It's binary for 258, which is where I expected the order number to be today.
27 days ago the order number was 236, and 54 days before that it was 44 less, so I'd expect another 22 orders in the last 27 days, which is exactly what you get if you convert that order number from binary.
Sounds like they're not quite ready to launch.
Thanks for the tip on P. Got some puts earlier this week when it was at 28.
As for BRAV, anybody have a recent order number for VivaVuva.com, or am I gonna have to "gift" a sister or sister-in-law to get a pre-launch number?
Actually, VivaVuva.com was "soft launched" on May 8th. It has been taking orders since then.
Speaking of which, has anyone placed a VV order this week? We need order numbers!!
You can complain that VivaVuva might not launch on the announced schedule, and you'll have a whole host of people - including me - alongside you getting annoyed that they didn't meet the announced date, but how can you say VV "is" something "that did not happen", as if it's a done deal that it won't launch?
I find that thought mind boggling.
It's not even late to launch yet!!!
I think it's about a 99.9% chance that VivaVuva will launch, and that anyone who thinks it won't launch has to seriously reconsider how they gather evidence and reach conclusions.
Update on weekly Alexa traffic through Nov 4th (5 full weeks).
On Nov 4th itself, VivaVuva.com's traffic went from almost nothing over the weekend, to more than World Of Leggings. Interest definitely surging there.
WOL cooled off a bit, but still has reach numbers more than double the same weeks last year, with pageview numbers about the same as last year.
OL's numbers are better on reach, worse on pageviews, and about the same on rank as the same weeks last year.
In fact, WOL keeps breaking its records for reach, and OL is closing in on its "reach" records.
The numbers below are for:
world rank (in thousands),
reach % (in 100,000ths of a %), and
pageview % (in millionths of a %).
The lower the rank number, the better, the higher the reach and pageviews, the better.
Rank, Reach, Pageview%
For OL:
Q3(-9/30): 147.5, 82, 62
10/01-07: 148.6, 87, 57
10/08-14: 123k , 110, 61
10/15-21: 192k , 80, 25
10/22-28: 98k , 128, 113
10/29-04: 98k , 140, 84
For WOL:
Q3(-9/30): 245k, 54.5, 23.5
10/01-07: 203k, 80, 23
10/08-14: 209k, 80, 23
10/15-21: 201k, 80, 21
10/22-28: 130k, 105, 57
10/29-04: 145k, 104, 38
For VV.com:
Q3(-9/30): 290k, 40, 28
10/01-07: 326k, 42, 21
10/08-14: 680k, 20, 8
10/15-21: 1089k, 18, 2
10/22-28: 495k, 30, 7
10/29-04: 418k, 30, 20
I agree 100%.
I think the kind of tweet he sent this morning, with just some info about what HAS happened, is just fine, even if it doesn't tell anything tangible.
I think the kind of tweet that really bothers people is the one where he anticipates something happening in the near future, and then it doesn't happen on the schedule he anticipated. He needs to avoid that kind completely.
But any tweet that's about the past (immediate past or not) is harmless. Just because it doesn't give you what YOU want to hear, doesn't mean there's no value in it. I think there's certainly value in saying "things have been happening, although I can't give specifics right now". As you said, at the very least, it saves him time on answering some emails. Some folks want at least a weekly tweet to get a sense of what's up, and there may not be tangible stuff to report every week, so tweets like this are fine in such a case.
Of course, sites like that one are not their main means of selling, by any means.
It's not even that much of a minor one.
The big picture is much, much bigger.
I think most folks understand that.
This was just listed as a sign of their growth, and increasing interest in their products.
The A/S is only about twice the size of the O/S (1.5 billion vs 700 million). I don't see that ratio as massive.
The history of reverse splits was years ago, under old management, when the company took some poorly timed expansion gambles just before the economic downturn in late 2008. They ran out of cash. They tried to dilute their way out of it.
After going into a dormant "business consulting" phase for a couple of years, they're restarting their old product line under a new CEO after clearing house of old management. They've even gradually, opportunistically added in new quality products, staying in the sleep & health category. The new CEO is a bit green, but is enthusiastic and responsible in the way he's expanding.
So right now, they have none of the previous financial or cash flow problems; positive cash flow, and financially sound, so I do not fear dilution.
Looks like you left the "l" off the end of that first link:
http://goodnitricoxidesupplement.com/stem-intense-muscle-builder.html
Agreed. They still seem to have some work to do to get VivaVuva.com looking complete.
I hope they can pull it off this week.
This is probably not as amazingly good as you think.
You do notice that after you view any product online, you'll start seeing ads for that product all over the place? It doesn't matter what product. It's customized to what you've viewed. They know you're a "qualified lead" so you get the ad. Others aren't getting that same ad when they view the same page. They're getting ads custom to them.
While it is not a huge revenue driver per person, when you have enough people, it can become huge. Think how low it makes their promotional costs. If they want to announce a sale, they just post something for free, and over 40,000 interested people will see it.
A once-a-month post is enough to keep them in people's minds, so that when they want to buy leggings, they'll think "OnlyLeggings.com". That's "top-of-brain awareness", which is like gold to a retail company.
So, I think it is a very important discussion to figure out whether these likes are all real, distinct people, or just paid likes.
I agree that we probably don't need the latest numbers posted daily, but I do like that Nabbbss is at least TRACKING the daily changes. Perhaps a compromise could be that he could track them daily, then post the results weekly, listing each day's change in one post.
I really like the FB like updates. You can see a sudden surge in interest. 700 in the last day is the biggest I've seen!
Even better: VivaVuva.com has now been UPDATED with some of the fancy features and awesome photos from the development sites!!!
Check it out!
Good points, Sharkey.
My estimates are based about 95% upon Alexa data and historical correlations between non-online revenues and online revenues, so most of the effect from DA being busy should already be factored in. The biggest effect to my estimates would be if his absence had a disproportionate effect on Melrose sales compared to online.
The VivaVuva estimate was based purely on order numbers and estimate of size per order.
What's laughably obvious is that the biggest arguments that this is a scam are far weaker than the biggest arguments that it's a legit, fast-growing company.
The scam arguments are weak because they're based on huge assumptions and generalizations like "all penny stocks are scams" or "all convertible debt will be converted" or "these guys are crooks".
The best "it's legit" arguments are strong because they're based on solid, verifiable evidence, such as that you'll receive the product if you order it, they're selling on Amazon and QCI Direct and a growing number of other places, potential growth is real because their main product used to sell a lot more than the latest non-deferred revenues and spawned some copycat products during its absence, and their newer products get rave reviews from those who've used them.
OK, I'll bite on the first one:
OL rev $ 429 k
OL returns $ 31 k
OL net $ 398 k (after returns)
WOL net 220 k (after returns)
Melrose 90 k (after returns)
Shipping 75 k
VivaVuva 4 k
---------------
Total rev 787 k (after returns)
There is no evidence that I can see that anything you predicted there has yet come true, so I don't think you nailed any prediction. If you have some evidence, I'd like to hear it.