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DA Quote Number 2: "preserving and creating shareholder value despite the worst economy since the great depression."
Bravada "Sets a New Standard for Microcap Companies in Creating Real Growth, Real Value and Real Return on Investment."
That line is getting Old. Really Old sir. :)
I didn't say the earnings were good. I said they were the best ever. Get it ? :) lol
Yes Danny. Something isn't adding up here. Your Long Term shareholders are not being rewarded for their already Long term patience and your best earnings ever. Do you care ? Will you ever be able to demonstrate this concern or awareness into a PPS translation upward for shareholders ? It's always been about the future hasn't it Danny. The future is NOW. Your best earnings ever and your stock just dropped almost 40%. Get a clue DA.
Why wouldn't a company promote itself, if it meant the exposure resulted in increased Sales and shareholder value ? Maybe DA can answer that one. :)
Exactly. Hope DA cares as much as you do ?
Thanks for the input, Danny. JK :)
That is also the best most absolutely poignent point and message I have ever seen on this board. Chuck for President. (Other than when I predicted the high 4's before anyone else did, and we were trading .0058-.006 and Squeak1 said we were heading to .0085 through the 52 week high the following day). :)
That Was the Best Post that I have ever Read on this Board, Chuck. :)
Danny Don't personally return calls or emails, for the last SIX Months (As he mentioned in the CC), CAUZ HE'Z TOO BAZIZZY working on the all the daily BAZIZ and the next dilution deal. No Loans from the Banks, CAUZ They don't like all the numbers put on napkins and they want them put onto some Excel spreadsheets. :)
BBBBBBBBBBB!!!!!!!!!!!!!! FOR ONCE, BBBBBB!!!!!!!!! With a PR ~~~~
I guess that should mean something to someone but it obviously doesn't. They must not trust him or think there is some smoke and mirrors somewhere. Maybe if he stopped the diltion and got a loan for the expansion. As much daily cash as he generates anyone would give him a loan. If they wouldn't, it must be presentability of the pinky style numbers or his desire to always put himself and the company first before the shareholder re the constant dilution?
In my humble opinion the CC, was not that good or well organized. If you remember, or go listen to it again, you will hear Danny say that he had not returned any phone calls or emails for the last 6 months. Nice.
Think they meant dilution.
That was 5.9 MIL Taki.Stock should be .053-.055 Minumum, even if Danny screws up again and dilutes for the new store.
I went to ASU and have lived in Scottsdale and PV for 23 years. :) Burbank was always where I flew into several times a year over 10 years when my company used to take companies public usually IPO at $5-10 bucks a share 1993-2003. Companies like Netter Digital (Babylon 5), Knickerbocker (Lake Forest), Apollo College, Mobile Mini etc. :)
All fine and good you guys, but, WE ARE BARELY 1/2 Penny now, and you wonder why I worry about more dilution. Danny's worked hard but you would think he could do more do help himself and the shareholders get closer to a proper valuation for the stock for them and himself. It starts with limiting and stopping the dilution and doing a non-dilutive finance for the new store and some promoting. Use the word EXPSOURE, if you have a problem with the word promoting. It is not Hype if it just telling the Bravada story and how they are startging to get it in gear now. The "numbers speaking for themself" are appearently not enough. Something is not adding up. Someone ALWAYS knows something.
I'll never bash you. You and Taki have a pretty good handle on the reality based non cheerleading aspects of this companies LT overall performance and the share structure scenario and future possibilities both good and bad. :)
Not unethical at all. Just want it clear who benefits the most and who can be affected the most. The long term shareholders will only benefit if future dilution is severly limited or stopped from this point. Even if a they are preferreds restricted by Ratios and Revenue, there are ways he can fairly be awarded more stock or options for his hard work. Not trying to deny him that. Trying to have equitable solution to replace the dilution scenario that has gone on for the last 3 years, even though he went a whole 4 months without it. If they company has reached a new level now, as he just said they have, they should be able to find a way to get a reasonable interest loan that is NOT convertible to stock, or the people will just convert. That would be just as good or better than a buyback if he can find a way.
Beezer many Class A or Super Preferreds work with a percentage as well as those that use ratio's. Such as those Converible into 51% of the common, and no less to maintain control of ownership. As far as "something has to be exchanged," for his services as Ceo or in lieu of a salary he has deferred would qualify if he or the board approved. If an R/S ever occured the percentage ownership could change for the shareholders and not so much for him, if after he converted his Class A preferred shares he was then able to receive options for additional shares at a future time for performance or salary. We have more to lose than him from dilution trust me.
Preferreds may be restrictive but have some flexiblility. They are usually convertible in to a certain percentage of the common stock, regardless of the number of shares issued and outstanding or any future R/S that may or may not ever happen. So in that case, I believe your are wrong. His percentage won't change like ours could. As Ceo he can also issue to himself more stock or options after an R/S as compensation for all his work if he chose to.
Its true. DA has had to look out for his and his companies own best interest and their survival. He has not promoted or uplisted or bought back any stock as yet. This is his chance to openly demonstrate that he is new territory by raising some very well spent money for a new store without further dilution to the shareholders, which has been his only method so far.
I am hopeful like you. I am just a follower of past history and past actions. They are right at least 90 percent of the time. Let's hope this new territory we are in with revenue and cashflow will give DA some new options for raising capital that would be very well spent, that he has YET to be able to take advantage of. :)
Like you just mentioned, I would like also to believe that we are way beyond the dilution method to raise cash now. Let's hope so. The stock will tell us over the next 30-60 days if that is possible. If we are stuck in the 5's and 6's it was NOT possible. If we move over .007 then alternate methods were FINALLY found. JMO
That's why I started saying last Friday that the stock was not behaving right, in lieu of the greatly improved casflow and earnings we knew were coming. Cashflow to sustain day to operations and payroll is covered. Danny said that. Danny also admitted in the CC that it was not yet to the point to cover expansion costs. He is telling you that point blank. The only question is, can he do it without added dilution. The stock is saying NO. 720 MIL shares now will probably go to 750 Mil. Only a 3-4% dilution, but the stock acts likes its 5-10 percent. Any bump in sales or other news can offset. IF DA could ever find a way to expand a little slower from casflow or a loan with low interest not 30 MIL more shares which is Most likely for the new large store, then we would move up. Cashflow will go up and overcome, but then he could just do the same thing again and again. Then we will have X shares out ant eventually x-10-20. Get it ? :)
Nice thought and possibly right but, it will probably bear out that 30 M more were (will be) issued. Increased payroll and inventory could limit use of exsiting casflow. Only hope is someone willing to take a note with interest. Not sure if he has ever been able to go that route.
P.S. This os the ONLY stock I have ever seen in 24 years, that is ALWAYS lower the day after earnings regardless of the progress. DA needs to keep pluggin away and limit the dilution. It affects us more than him and his preferred or the ability to issue himself new shares at a later date.
Agree BUT: A Low of .051 I said you will be lucky to keep it out of the high 4's, the day after, Remember Mr. 0085 ? : ) 24 years daily experience and too many shares to admit to at the moment. LOL
******Danny listed all the costs associated with the potential new store opening. I tried to quickly added up what he was saying. Sounded like about 165- $175 K.
Cash and cahsflow is only so much. I guess that means another 25 MIL shares coming out in a month or two unless he can use some cash or does a loan with a reasonable interest rate and repays it from all the increasing business and cashflow. Any intelligent comments ?
Danny listed all the costs associated with the potential new store opening. I tried to quickly added up what he was saying. Sounded like about 165- $175 K.
Cash and cahsflow is only so much. I guess that means another 25 MIL shares coming out in a month or two unless he can use some cash or does a loan with a reasonable interest rate and repays it from all the increasing business and cashflow. Any intelligent comments ?
No chance for shareholder questions on a CC ? That's weak.
Or, did they say that if shares keep being issued for future growth that it may necessary bring about that eventual reality, otherwise not. So much for your .0085 :) HOWZ .0057 grab ya.
Still waiting for that "very likely" eclipse of the .0085 52 week that you said was coming today. I said you would be lucky to see high 6's which Never happened. Who knew ? I DID .0057 by .0058 Yawn. :)
Maybe not now, but at 700 + MIl shares, if the trend of issuing shares for more growth continues, I think it will be a reality sometime.
He hasn't returned my phone calls or emails over last 6 months either. The stock really can't go up much until he stops the printing press's and everbody believes they won't be diluted any on to infinitum. Already close to needing an R/S. Hope we can avoid but LT probably. not.
C'mon you guys how can you screw up what I said so badly. Squeak1 said we eclipse the 52 week high @.O085 tomorrow earlier. I said you will be lucky to see .006-.007. tomorrow. Then I said if more dilution comes out we will be lucky to stay out of the 4's. That's all I said. Reading is fundamental.
That comment was just relative to tomorrow.
Where do you read the report ?