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Not everything will run over and over. Some will have one or two runs on the promise of future business, but then the business never gets off the ground, and they fade away.
But BRAV is an established, profitable business with a solid infrastructure fully under its control, not dependent on any other business to be nice to them. The foundation has been built. The next levels are being built now.
So, yes, this one should run sooner or later. As you said, when?
That's hard to say. The potential for a big distribution deal is always there, as is the chance of a new site taking off. If you're very good at short-term trading and have the time to do it every day, then sure, put your money elsewhere and come back when this starts to run.
But for those of us who can't spend hours trading every day, it's good to keep a stake here, as there's likely to be news every few months which will send it on at least a mini-run, if not a huge one, and it's tough to tell when that'll happen.
Good find!
Has potential, but it comes down to vision, market understanding, and execution. Hopefully they'll start small, learn what works, then only spend more after they figure it out.
Past efforts in video have been high cost and low return. If they do it right, it could be huge, but I'll feel more confident if DA hires someone else to take the lead on this part of it.
No, whim is when you act before you've put much thought into whether it makes sense. This was a matter of whether it was allowed, not whether it makes sense. Different things.
Indeed, one of the key differentiators for BRAV is that they're fully vertically integrated, so they can offer organizations a reliable source of PPE or clothing without the overhead and red tape of dealing with Amazon bots. For many organizations the service and responsiveness BRAV provides is critical, and that's the niche BRAV has found... except that it's a potentially big niche.
Are you trying to convince me that uplisting reduces volume? That's going to be a hard sell. If you have evidence of that I'd like to see it. One example does not make a pattern.
Thanks for the thoughts.
Do you think BRAV is trying for a large distributor agreement?
Thanks. You work in nursing homes? Already overwhelmed helping my mom who has Alzheimer's, and refuses to move. Not fun.
Installing a wifi thermostat at her place tomorrow so I can set it remotely.
45 days after quarter end would be mid-August, not mid-July
One point to correct on your historical timeframe here.
The business plan pivot came BEFORE the lockdowns, not after. The pandemic had nothing to do with the closing of physical stores, because they were closed more than a year before the pandemic even started.
So, he wasn't "told to terminate in store shopping", except maybe by some advisors or accountants who saw them bleeding money.
The pivot happened, and for good reasons, but those reasons did not include the pandemic.
I'm thinking 1.0mm to 1.1 mm is more likley for Q2.
Yes, most of the sites are strong on traffic, but I have noticed WorldOfPets.com has tanked on traffic in the past month.
I don't think he ever sold very much through Amazon. He dropped them a while back and overall revenues are up since then, due to other factors.
BRAV does not use Amazon for fulfillment.
They tried it once, but DA realized Amazon's conditions were too restrictive so it wasn't worth the $$ he had to let Amazon have, so he quickly ended that experiment.
Now this one is a work of art
https://www.onlyleggings.com/groovy-rainbow-retro-mandala-leggings/
Taki is someone who used to be active on this board, many months/years ago.
Let's not get ahead of ourselves with the revenue projections.
15mm+ in 2022 would be a dream, I'd love to see it happen, but realistically, an optimistic total would be 10 million in 2022.
Right now they's coming off a $4 million year which was boosted by mask sales which are now drying up. A $5 million 2021 would be a very, very good year, and they'd need increases of $300k revenue per quarter to achieve it.
Continuing a $300k per quarter increase in revenues would put them at $10 million on 2022. That's all quite optimistic, but achievable.
Still, if we see that kind of steady, fast increase in revenue, the share price should take off in anticipation of much bigger revenues in subsequent years.
Well, that particular description of Bravada is quite old. The TV programming, vitamins, fitness, health & exercise stuff were from an older business model which went by the wayside when their leggings sites took off about 10 years ago.
The CEO has been good about trying new things, expanding what works, and dropping the lowest performing stuff.
I had been sitting at .0075 but mine got taken out this morning, plus a teensy amount of my .0074 bid... that must mean the 6.5 million sitting at .0075 came in today. It was still there at 3:30pm but now after hours we can't see it.
Because you have to dig deeper than the surface to see the value.
At surface level, the revenues have declined the last 2 quarters, after a big surge from mask sales, so it looks like a short-term boost which is over and some will assume it'll decline from here. Talk of an RS combined with that are enough to scare people who don't understand the history of BRAV and the motivations of the CEO.
The "masses" will join only when they see a couple quarters of increasing revenues with no losses and no dilution. We analyze deeper and see the new sites making progress, and the new wholesale model doing fantastic, so we're in early.
Your first negative is not a negative, because RS in itself is not negative. It's the dilution which often follows an RS which is the actual negative, but in this case it will not be followed by dilution.
In fact it's a positive because it will enable uplisting and bring in bigger investors.
I agree, he's too good for the pink sheets, and will soon rise out of them.
I asked what criteria he uses when deciding whether to enter a new market like pet supplies.
He gave an excellent answer, quite thorough and showing good judgement. A CEO with a big ego would say "I'm takin' on the big boys". He has the good sense to know that wouldn't make sense for a small company like his. He knows his path to growth is to find niches where competition is relatively low. He knows that the way to be resilient to failures is entering markets which don't require tons of startup investment (especially in perishable products).
He also knows that the path to independence and profitability is to cut out middlemen, building relationships directly with suppliers and customers.
He answered this on the recent interview on waypoint.
He doesn't know and nobody knows when the r/s will take place.
It depends on several things happening first, including some legal issues, but also some business conditions and potential changes in the urgency to uplist.
Speaking in terms of post-return revenues, the numbers for 2018 and 2019 full year were: $2,637,608 and $2,654,760, respectively.
We don't have the quarter-by-quarter breakdown for those years, but it comes to about $662,000 per quarter for those 2 years. Then in 2020 it went:
Note that Q1 is typically weakest for clothing, so in '18 and '19 it was probably well under that $662K mark. Also note that in Q4, the boost from mask sales was almost over. That boost helped fund getting current and starting new sites, so even though the mask sales are mostly over, it seems to have enabled Danny to raise the baseline revenues for BRAV.
Q1: $ 417,592
Q2: $1,385,351
Q3: $1,398,944
Q4: $ 829,227
The post was indeed a bit hard to understand, since you have to click the link to see that he was talking about another stock, NaturalShrimp.
It did go from lows around .006 in Oct 2018 to over .80 in Feb 2019.
I'm assuming that the conditions for something like that to happen would be unusual, and not something to expect here in such a short time. Perhaps over a few years? That would be nice.
Notice that for the revenue line, it now says what it probably should have said all along: "Sales, net of returns and allowances of $14,703 and $9,028, respectively".
In other words, they're no longer listing total sales, then a separate line with returns and allowances, then a 3rd line with the actual revenues (after returns subtracted out).
They just list the post-return revenues, noting the amount of returns and allowances on the side.
While this is a more realistic accounting of revenues, if you want apples to apples comparison to previous quarters, you need to compare to the lower revenue number from previous reports. Most folks discussing revenues here in the past have listed the higher number.
Those values are "value of shares issued at issuance", meaning they might not be what he actually had to pay to convert them. I'm not sure, but let's assume you're right and he did have to pay those amounts. Would he have to pay for the half that he cancelled? Let's assume there's some rule that he doesn't have to pay for those. What would that mean?
Notice that he said he'd cancel half, and he actually did cancel exactly half of the sum of the 3 conversions. (2340 M - 1170 M = 1170 M)
If all above assumptions are true, then he'd cancel the most expensive ones.
That would mean he'd only pay for 1,170,000,000 of the .00025's, which would come to $390,000.
Yes, solid is a good word.
That's about $100k more revenue and $100k more net income than I was expecting, based on website traffic and historical patterns.
Q2 is looking stronger than Q1 if you look at the trends with the wholesale sites, new sites, and the masks site. Q1 is likely to be the bottom given the steady ramp up of new sites while established sites stay stable... and given that a profit was turned at the bottom, that's a good sign!
I haven't seen Q1 results posted yet. Anyone know if they're actually coming out today?
Yes, I remember the comment about cash on hand being up to $200K.
There was another comment about having worked through the higher cost inventory of masks so that profit margins were better on masks even as sales were down.
So, I think Q1 will have lower revenue but slightly higher profit margin compared to Q4, to be about break even earnings to slight loss, with some modest cash inflow (probably from slightly increased liabilities).
These are all hunches based on limited clues. I would love to be pleasantly surprised.