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Too true. You'd think a CEO posing as a newly interested investor would at least try to say something good about the company rather than attack anyone with valid criticism. It's almost as if he believes it was our money that got him here.
Why leave? Aren't there more than 50 reasons to believe in BRAV? You know this is just about to pop, it's just been a slow 5 years! Any day now... Just ask The Bane, he can tell you how great this company is. Too bad he can't seem to tell anyone what the numbers are. Don't worry though, he's got a big bag of insults for anyone who questions him. Professional indeed.
Unfortunately for BRAV, she's pretty good at math. Based on the past, it's clear that the third requirement is that the numbers cannot, under ANY circumstances, tie out. She's also honest and will admit when she makes a mistake. Maybe Lululemon is hiring...
It would be a nice tax break for them. We've all been making money on just about every other stock out there, Maybe BRAVs purpose is to bring balance to our portfolios and neutrality to our tax obligations. Still looking for that silver lining..
Or maybe it's because they have a CEO that knows how to run a business? One who puts his shareholders above his own ego. One that balances the books and keeps them balanced. I've never seen a Lululemon commercial, maybe Danny should start taking notes.
There has been so much to say about BRAV's shortcomings over the years, but I want to keep an open mind. I'd like to think about the good things BRAV has done, unfortunately, nobody has been able to site any for the board. There are a few things that have gone well. Not 55 reasons, but at least 2 or 3;
1. No dilution. Well, a little from a former poster/investor, but nothing serious. Although other ways of financing may be happening, I applaud DA for not dumping more shares on the people that got him here. Kudos.
2. Actual B&M store. Sure, the openings, closings and announcing of new exotic store locales make it hard to pinpoint, but at least one store has managed to keep it's doors open.
3. LOTS of websites. Even if nobody outside of this forum knows about them, we've got them. Maybe creating websites can be the next direction BRAV takes. I wonder if ONLYWEBSITES.COM is taken?
4. Financials. We don't know what's in them, but maybe that's a good thing. Bad numbers aren't going to help any of us, and maybe, just maybe the numbers are so overwhelmingly good that they will propel us into the dollar range and the good CEO Danny Clause is just saving the surprise as a Christmas present for all of his loyal supporters!
While there have been many failures, there are a few things that have gone well. Nothing that can support a decent stock price, of course, but enough to keep us coming back here day after day. It's like any good reality TV show: the more dysfunctional, the more entertaining. I can't wait to see the next episode!
I wouldn't, they've never been audited and DAs track record of deception speaks for itself. He can't even get a CPA to stick around. How many have we been through? For a small time legging company, even a novice should have no problem balancing the numbers. Makes you wonder where the real problem is. Welcome to pinky land!
It wouldn't surprise me, after all, who else would have the gall to show up here and cheer on this failure? Not even Mr. "53 reasons" or Dr. Fill can come up with anything positive. Like you said, he's done it before, and Bane's style of smoke and mirrors diversion sprinkled with insults to the people who put their money down to try to get the company off the ground reeks of DA.
Parrots and Sheep, now where have I heard that before?
You want facts?
Financials? Nowhere in site. Not only late, but later than the extension allowed. Later than the CEO promised. Late. FACT.
Current? Nope, lost again. It took years to get it there, and just like that, we're back to Yield. No information on plans to fix. FACT.
Commercials? No, just a huge waste of money for something that never aired as promised. But hey, at least the CEO got to sit by some models, right? FACT.
Buyback? Nope. Not even at this price has it been worth it to the CEO to buy shares of his "extremely undervalued company". FACT.
Uplisting? Please, the CEO hasn't been able to get his numbers straight for years. None of the past financials even added up, let alone be gaap compliant. How long does it take for a well qualified CPA to figure the numbers from one quarter? You'd think at least ONE of the CPAs over the years could have got it right, but alas.
I could go on, but there are just too many facts to the negative and very few to the positive. Perhaps you can help us to see what exactly this company has done to help it's shareholders. Nobody else seems to be able to.
What a cop out. The problem is there a very few things BRAV did that stayed done. Open a store? Close a store. Get company to current status? Lose status and return to filing late. Hire a CPA to get the numbers straight? Fire CPA, hire a new one (rinse, repeat). Start private label? Abandon private label. Website working great with adwords? Forget adwords and focus on 10 sub-sites with no marketing. Keep shareholders informed of sales and progress? Go completely dark as shareprice drops to all time lows.
Look, we all see potential in Brav or we wouldn't be here. The CEO needs to take responsibility and steer this ship straight. He didn't get here with his own money, and it's time to let his financial backers in on the status of their investment.
And that is a very important one to get right, but is it still actually turning a profit? Without financials, we have no clue. Overhead is expensive (have you seen what their web designer makes?), and sales are down. Could this be why they're stalling on the Q release?
Are you somehow getting the impression that "they" are on top of it? I've been reading up on the PRs put out over the years and 95% of the stuff that was hyped up never came to pass. The 'spending shareholder 'money part always went off without a hitch, it's that follow through part where the ball keeps getting dropped. The CEO would make a great politician IMO.