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Once again, this was a reply to steveooo who said he hoped the pps went down to .0002 so he could buy millions of shares, to which I responded that if the PPS were ever to get to that level, it would likely be due to heavy dilution. It should be very obvious that I wasn't saying the company was currently adding billions of shares. A quick look on pinksheets or a call to the Transfer Agent confirms this is not the case and I shared that information on here as well. Do not try to twist my words, I seem to be the only one interested in sharing factual information and I do not appreciate your manipulation of my posts to try and discredit me and take attention away from the facts.
Yes, you posted that before and I apologized and commended you for it. You are definitely walking the walk and I appreciate that. Again, I want nothing more than to see BRAV take off like I know it will someday, I am just really confused that people are so upset with me sharing the actual share count rather than simply going by the (incorrect) word of another poster. You are heavily invested in this company Taki, don't you want the most up to date information? If somebody else provided it, would you be more receptive? I'm not here to fight, just tell me you aren't interested in the actual, factual share count information, and I'll go away. Also, please share what you DO want to see when you come to a stock forum. Sharing information is the entire point of this place, why does nobody see that? If we're just here to pat each others backs and turn a blind eye to new information, then there's no point in me being here. I really have better things to do with my time, I sincerely thought my fellow investors would truly appreciate this info.
No, that was a response to someone saying they would buy millions of shares @ .0002, and if it were ever to get to those levels, the cause would very likely be heavy dilution. I was then told there was no dilution, and verified via the Transfer agent that there was. If you didn't understand my post as a response to somebody else's exaggerated scenario, then I apologize. It boggles my mind that you have no problem with someone saying it would go to .0002, but that you care so much about my opinion on the only likely scenario that could make that happen. You yourself have stated several times that you WANT to see the price drop as you shake us other investors out and you're acting like I'M the bad guy? Once again, if anyone here doesn't want the correct share count information, let me know, as well as why you feel that way and I'll go away. Is there not one person here that actually appreciates the information I've provided? The Grand Opening reschedule? The actual, factual share count? Do you not want this information? Please explain why you wouldn't, I am very interested.
Maybe I'm misunderstanding you, 351 and 388 are different numbers so there is change. Apologies if I am incorrect in understanding you. What did change is what OTC markets had it listed as, 388 last night, and 351 this morning. Now again, less shares is good, but after talking to the transfer agent, I found there are 407,936,183 which is not quite as good. I hope you all call and verify for yourselves.
Just called again to verify the information was correct.
492mil Authorized, 407,936,183 outstanding.
Alright, I just got off the phone with the transfer agent, Madison Stock Transfer @ 718-627-4453. They say shares are 492 million authorized and 407,936,183 outstanding. So when it comes to 'false information', either you didn't speak to them on Friday, or they just added a ton of shares over the weekend which given we've only had three trades this morning is highly doubtful. Now you're a mod on this board so I'd like to trust you, can you explain this discrepancy? I urge anyone interested to contact the Transfer Agent to verify for themselves.
Hey, did you notice it changed to 351,055,231 this morning, but still has the Jan31st date? Weird, but I'm not going to complain about less shares outstanding!
That's great! Between you and Blutribe maybe we can get this ball rolling back in the right direction again. A quality PR and we could be on our way!
I hope to as well. 44 on the ask makes me feel much better, a green day would be a great start to the week! It wouldn't take much to turn that chart around ;) Taki, where are you?
I don't think anyone here is buying into hype. We know the products, website and stores do exist and I assume that's why we're all here. Many other pink stocks aren't even at the point of having a product. My only criticism is regarding things that are PR'd and not followed through on. I understand that things change, just please let us know about it and don't insult people who call to get information on the matter! The 'soon' part regarding financials is very subjective, when I tell my 3 year old 'soon', he'll be back in 30 seconds, but when my mom says she'll visit soon, it will be sometime within the year! I'd almost rather a vague notion of the date than a firm date that isn't met as was the case with the grand opening. We all know this is going to fly some day, it's just frustrating watching it fall while getting little information from the CEO. Hopefully we'll get a solid PR soon and bring some positive attention to BRAV, then we can ALL be happy!
Must have been quite a few big idiots! The question I have is why? I can't wait for you to start the run up. We all know BRAV has a great future, but the present is what is bumming me out. Let's just hope Danny keeps us informed as to what is happening with our investment and refrains from the insults.
So assuming you did contact the transfer agent and verified there was no dilution, could you please share your theory as to why we went from a cent and a half to the .0030s in a matter of weeks? We opened a new store, why would people sell SO much in such a short time with such potential?
That's enough of the attitude buddy, in case you didn't notice I have nothing but positive things to say about the product, I just have issues with Danny's behavior and our current PPS which if not caused by dilution was caused by people selling because of Danny's lack of follow through on his promises. If you actually called the transfer agent, that's great, I will call myself first thing in the morning to verify of course. I mentioned dilution as a response to someone planning to buy at .0002 and if it gets to that level, I would bet quite a bit that dilution was involved. For this company to continue moving forward with products and their top notch locations, they need money. I am less inclined that they have it to spare as Danny is doing his own accounting, websites etc. hence the suggestion that dilution could certainly have been an issue.
Well I stand corrected and I commend you! One thing I wonder about though is your statement that nobody else will make money here, you DO think it will go up at some point right? Or are you just referring to shaking everyone out? With so many shares, why would you want it to keep dropping? I know I for one am not happy with the current PPS, but will continue to hold for what I consider to be a solid product with great physical locations and solid web sites. If people held on this long, I doubt they will sell at a lower price. That's just my opinion of course.
Wrong, as stated I have 1.25 mil. I would love to see this Tsunami, but why wait, why not buy tomorrow unless you think it will continue to drop? Where has your support been these past weeks? If you believe, that walk the walk instead of talking the talk.
I've been putting up support the whole way down, but not much you can do with a ton of new shares being dumped into the market and no new buyers because the CEO isn't following through on his promises. I've never said a bad thing about BRAV, the only negative comments I have are regarding Danny and his lack of professionalism which I witnessed first hand. If I was here hoping the price would continue to drop, I certainly would not be holding on to my current position. All I want is for us, the share holders, to let Danny know that we need to be kept in the loop rather than insulted and taken advantage of.
388 million as of Jan 31st. Maybe you didn't notice that was right about the time we started getting slammed. Do you really think there has been no dilution since then? I guess you just think tons and tons of people sold out their position for no reason at all then. Unless you think there is a reason, I'd love to hear it..
Who said it didn't? Are you really arguing that there has been no dilution in the recent days, weeks, months? I'd love to prove it as fact, but with no company postings, those facts are only known by Danny boy himself. Trust him if you like, his recent actions have made me very wary of anything he says or does. This board is about posting opinions, if you want me to keep mine to myself, you should do the same.
1.25 mil at the moment, I will likely add more at a lower price. I've been here for nearly a year, so don't act like I'm crashing the party. I was simply responding to someones post about the 'great chart' when it is anything but. If you read my comments, you'll see that I do believe in Bravada's products, I just think Danny needs to do a little thinking before PRing things he can't (or won't) follow through on.
You like the chart? Lets see, it's riding the bottom Bolli DOWN. MACD? DOWN. RSI? DOWN. Williams? DOWN. What exactly do you like about it other than a great short position?
What's the point of having millions of shares when the company keeps diluting billions and billions more? Every day our shares are less and less valuable and the CEO doesn't even feel the need to keep us informed as to why. Great product? Yes. Great CEO? Not by a long shot.
Just found this on the website regarding grand opening..
Grand Opening Celebration Coming in April !!
The Grand Opening Party for the BRAVADA Melrose store has been reschedule to early April 2011 as a number of key guests could not attend a March 10 celebration. BRAVADA will be providing additional information with regards to its opening celebration but in the meanwhile, come on down and visit the Melrose store and see some of the great new women's activewear and fashion sport apparel at the BRAVADA Women's Athletica Melrose store!!
Now why couldn't he just tell us that instead of insulting us and keeping us in the dark? Isn't this information the shareholders should be made aware of? For someone who works 22 hours a day, why should we have to dig for the answers he should be providing? Isn't the fact that we're footing the bill enough to justify keeping us informed? Danny may be great in the business world, but he's a real idiot in the investing world.
I'm not asking that he does what I want, I only ask that he does what he says he's going to do. This isn't some kid in a school yard, this it the Captain of the ship that we're paying for and if he says he's heading west, then I don't think it's unreasonable to expect him to do so. I'm still holding, and yes I am waiting for that day when we actually see that big money, but in the meantime, this guy needs to give a little more consideration to the one who are paying the bills.
That's fine, he could have told me that and this conversation wouldn't be happening. Instead he chose to insult me and everyone else here. Instead of explaining it as a business decision and letting me know what plans he had to create awareness for the opening, he chose rather to tell me to drive to LA and buy some Jeggings. The attitude and lack of professionalism is the problem here. I need to know that the CEO respects the stockholders who are essentially his bosses. WE bought those products that are in the stores, WE pay for the rent, electricity etc. I sincerely hope he conducts himself more professionally in the presence of customers and future investors than he did on the phone today. He seriously needs to let IR do their job and keep his mouth shut before he sinks his own ship.
I'm guessing it does, but you can't put out a couple PRs a week for months (including many that were just letting us know another PR was coming), then decide to not put out a single PR regarding the results of a previously PR'd event because of cost considerations. The point is keeping your investors informed. Why are we seeing selling over the past few days? Because something was promised, it did not happen, and we were kept in the dark about it. I'm still holding even though I told Danny I was going to sell, I'm just not happy with his decision making or his attitude. It's a good thing he's got a decent product..
He can do whatever he wants. I would rather he didn't spend the money, just don't tell us you're going to and then disappear on game day. Bravada has no problem pumping out press releases, the least they can do is give us one when they make such a change of plans. For as much as he had to say on the phone, he should have no problem finding the words to fill out a PR explaining the situation.
I absolutely did, and posted the number although it sounds like the voice mail is full.. no surprise. I understand your skepticism, but the lack of a PR proves exactly what I am saying, that the grand opening did not happen. Maybe it's not a big deal, after all the store is open, it just bothers me to have a company PR that there will be a grand opening celebration, then not have one and leave us hanging with no update. Throw a few insults on top of that and I feel even less excited as an investor. I still do really believe this company has what it takes to make it big, but as a stockholder, I am less than satisfied with the attitude and careless press releases.
Harassing? I'm a stock holder (still), and for the PRs this company puts out, I really don't think it's too much to ask that we get a follow up when something is promised. He could easily have referred me to Investor Relations if he didn't want to talk about the situation. Who cares? I would assume everybody here cares. Do you actually hold stock in a company and have no regard for the information that is PR'd or with the CEO's perception of his own stock holders?
I agree, again, I didn't expect him to pick up, and I certainly wasn't expecting his confrontational attitude first thing in the morning. I didn't call the stores, I didn't want to talk to a sales associate, I simply wanted to ask why there was no PR for a major event. I didn't need to hear his lecture on how he only sleeps 2 hours a night, how hard he works etc. Maybe a little more sleep would have allowed him to forward me to investor relations rather than insult me and try to get me to buy some Jeggings..
If that's the way he did business I would agree, but after dropping so many PRs on everything else, and not even a mention on what should have been a huge day for the company, I have to wonder what the motivation is. If he had just said that he decided to save money instead of calling us brainless idiots, I would be much more comfortable with his decision making.
I really didn't expect him to pick up the phone, I just wanted to leave a message voicing my concerns. Feel free to call him yourself, he apparently doesn't have anything better to do..
Danny Alex, CEO
310-717-1003
I've been with BRAV for almost a year now and stuck through the ups and downs. I really do believe it's a great product and that they'll see success someday, but this guy needs to work on his investor relations skills. He was really a jerk considering he was talking to a concerned stockholder.
Just got off the phone with Danny Alex to ask why no PR was released for the grand opening of the Melrose store. He basically hemmed and hawed for 20 minutes about the hard work he's done and how little sleep he's gotten, but in the end admitted that the grand opening celebration never happened. He tried several times to explain that he wouldn't release a pr about it anyway even though he seems to release PRs at the drop of a hat including that "big news is coming" fiasco a few weeks back. When I asked how he planned to let people know about the opening, he got mad and told me to drive to L.A. and buy something from the store! He followed by saying that pink sheet investors 'didn't have a brain in their head' and only cared for the ups and downs of the day. Apparently he didn't seem to care that he was referencing not only myself, but the entire investor base of his company. I'm tired of this BS, and good product or not, I'm not keeping my money behind some idiot who has such little regard for his own stockholders. Goodbye Danny, lots of luck.
Please give him a call and make your own decision.
Danny Alex, CEO
310-717-1003
EMXC 14s hitting!!
EMXC 14s hit!
EMXC 13s hitting hard!!
EMXC 13s hitting hard!!
EMXC news!!!
EMXC news!!!
EMXC making it's move!
EMXC I told you! Just needed a little volume to get the ball rolling!