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Daily book work for daily sales with a running total vs. the previous year is how a business plans it's future. 2019 Financials as well as 2020's are late. PERIOD! Can we agree to that?
So restating the sales from year end of what was projected 9 months after the year end is ok to you? Doesn't seem right by my accounting. Final sales total for 2019 should already be known a lot sooner than 9 months after the fact.
Correction! DA runs a Shareholders Business. Those of us that purchased stock in BRAV are all part owners in the business and the ones that fronted the money for DA to run the business. It's how DA is running the business is what is affecting the share price. How does a company go from stating a sales figure almost 9 months late, to restating it to a higher amount. Total sales figures should have been known in January 2020 for the 2019 year end.
Reread the post you replied to. That is not what was said. The post was referring to another company.
Cheung was fired? Maybe Cheung did not want to omit preferred shares from financials and DA wanted it done. That could also be why Cheung was fired.
But knowing for fact what your actual sales are for the year is no different. Yearly sales should be known the next opening day after the New Year. that's if one does daily books. DA runs BRAV, so he does run a Retail Business.
I could even compare daily past year sales vs. current year sales. I did not need to wait over a year and a half to know what my sales actually were. No guessing at all.
That's what I was wondering as well? When I ran a retail store, I knew on January 2nd what my total sales were for the previous year. It's called daily bookkeeping.
Just like nothing is bad enough. Where are the Men being shown wearing masks on the BRAV website? How many men would buy something a woman is shown wearing in a picture and then assume it will fit the man?
Might be unisex, but sizes do matter. If you ever bought one that was to small, you would know it. Ditto if one was to big. Yes they stretch. But how far without causing discomfort behind the ears.
Bet you would buy a pair of mens underwear being shown around the waist of a woman? Duh!
Why are there no masks shown for Men? There should also be sizes on these. Some of these facemasks are to tight on the pull of the back of the ears. So not much need to a Man to go to this site. Something that can be changed and added. Come on DA. Add styles for Men.
Just as hard as it was to believe that DA said BRAV was not like other pink stocks, but yet turned around and did not file, nor stay current with contacting and letting shareholders know what was going on. Acting just like the Pink he said BRAV would never be. Just let the share price be the guiding light to what buyers believe the value is and that should prove how much trust they are putting in anything that is said of getting current. As someone else stated, if DA can up his 2019 estimates, why could he have not have filed his 2019 financials?
The past actions of no filings then learning that there was money made in which to file financials, but was not done, the CEO is what is keeping this down.
Who knows? Maybe DA's ego got in the way again and he decided to not file again. IMO-just don't see BRAV as a serious stock until filings in 2021. That's if DA even files and gets current. I so wish it were a serious stock and wish DA would come down from the High Horse. Just get things done when they should be done. When financials are not filed on time and DA decides to not play by the rules, this is not a good way to act for a CEO. What DA has not done for 4 years comes into play with the Must Be Current by the end of 2020 or go Grey. There are other Pinks that are now filing as BRAV is.
About the only thing that is fact, is that this is a Pink Stock with actual products for sale and has not diluted shares in years. That in itself is what keeps some of us around. At one time there were hopes of opening more stores to compete with LULU. But seems that ship has sailed away and now more of a one stop shop that cannot seem to stay current with PINK Sheets. To be of real value, BRAV needs to show growth of some sort. With the injection of Covid face masks to the slate of items for sale, that will have some growth. But will won't have disclosed actual numbers on those until who knows. BRAV also has the new web site for Pets. Hopefully that will infuse more growth into BRAV. It's like getting in on the ground floor at these prices and keep your fingers crossed that DA does get above board and get current with Pink Sheets and Stop signs come down. Follow through is needed with BRAV.
It's the 2019 financials. 2018 is disclosed on OTC. But BRAV has already stated that 2019 will be about the same as those 2018 numbers.
IMO there will not be much interest until 2021 if in fact BRAV actually continues to stay current by filing financials for the last quarter of 2020 come 2021. If BRAV does file in 2021 and shows a profit and the STOP sign is down from Pink Sheets, this will take off and hopefully grow. BRAV needs to grow to become a real investment. Otherwise it just gets flipped for small profits.
IMO, just a lack of TRUST that DA will continue to do what is supposed to be done.
A bit Peeved? That's the way quite a few of us felt when DA stop filing financials back in 2016. What's changed? Reportedly makes a profit, but does not report it for about 2 years.
It stands to reason that since the Video cannot be found online any longer, it was pulled for a reason and removed from the sight of others. Address that question to DA.
That is so much the truth Luna.
The issue is, that an account will only post what is factual and would want to include the Preferred Shares that DA holds. DA does not seem like he wants to disclose the preferred shares. Thus they are not addressed on the financials.
Well if in fact the accounting firm is true and what you post is true, why is there no disclosing of the Preferred Shares that DA holds on the financials and what is or has been done with them? Accounting firms need to demand all disclosures be put into the financials.
Nowhere that I can see on the filed financials does it state who completed them, nor is there a signature of who is being responsible for them.
IMO, that leaves your post in much doubt as to accounting firms and whom completed them.
It seems that DA has a big Ego that will not let him open up to the shareholders. If DA would come down from the High Horse and actually be a CEO and play by the rules, this will take off. This is real Pink Sheet Stock with real sales numbers. We just don't know the reality of them at this point.
Why or why sell at .0043 when it has been in the .005's for the day. Be strong and stay the course. Hold the asking prices and do not cave into the bid price.
That is what we have been wanting for years. Good or bad, let the numbers be what they are. It's been the lack of transparency coming from DA with regards to his Preferred Shares. Don't believe that DA wants to disclose those to anyone and will not use a CPA or post Audited financials. DA has not disclosed the preferred shares on and with the latest filings of financials. That is what to me, is holding this where it is at.
Not if someone sells into that 17,200,000 mil bid at .0042. Sellers have to hold and keep asking for more than the asking price. Be the next step on the ladder going up.
Trouble is with BRAV making a profit like BRAV did in 2013, DA made a basically porno video. It was thought that it was going to be a made for TV advertisement video. But this was not TV rating material and the stock took a nosedive. My guess is that the same thoughts are there with long term investors. That once again, DA will do something on his own accord without asking shareholders and then what will happen?
Trouble is, that DA does not take the advice of a accountant as it seems that DA is hiding stuff with the non reporting of the Preferred Shares DA holds. A CPA will not put there name to this type of reporting. I believe that DA is doing his own financials with Quicken or some sort of other program where DA can manipulate the numbers. Please disprove this DA and then BRAV will run up like a fire going uphill.
17 mil sitting at the .0042 mark. Who is going to cave to the bid? Hope no one.
Then someone sells at .0045. Let's let the chase begin and move this thing on up. Those of us that have stayed with BRAV deserve to see the .02's again.
Now if whomever is selling at .0047 will hold that number and not give in to the .0046, that would be just great.
Remember the old TV show Green Acres? Zsa Zsa was dealing with Mr. Haney. Mr. Haney tried to low ball a price that Zsa Zsa had given him for what she wanted to sell to him. So instead of lowering her asking price, she raised it and Mr. Haney was dumbfounded by the price going up. So just hang tight at .0047 or bump up the price. Let the chase begin to the .02 price.
What has to be known, is that the financials that have been filed, do not include any sales from facemasks being sold. All the numbers being reported on the financials are from the sale of leggings and other accessory items. So if in fact the numbers are true, then 2020 should be even stronger. Pray for Rain.
Yes I remember what you are referring to. Than we had the run based upon a profit reporting in 2013. Then the almost Porno VivaVuva video online ad came out and BRAV fell apart. So can only hope that we are now again moving in the right direction and growing this stock. When audited financials with all the info finally get posted. Ones with stating of the Preferred Shares that DA holds, BRAV might actually become believable again.
The hope of BRAV getting current and some profit, That's certainly the only reason I have been here and stayed with BRAV so long. Tell it like it is, good or bad and let the shareholders decide what they want to do. If DA had asked about the VivaVuva video, he would have received, more than likely, all NO's on the video as the video seemed to demean BRAV,
What I do know, is that BRAV is a real company selling real items. That's what is so good about it. It's just been the lack of transparency and staying current that has held this down for so long. So if DA can continue to grow BRAV. Then I also see this getting into the double digits as a stock price. Maybe even higher.
It's actually done things that DA said it would never do. That's part of the distrust reason that lingers with BRAV.
When someone loses trust in a company and the CEO, they tend to not believe a thing that is posted on the positive side as again, VivaVuva killed BRAV in 2013. That same feeling is that it will be killed again by actions of the CEO. But in 2013 when this went down, BRAV was current. So even if BRAV does get current, it will have to stay that way for sometime IMO, before it climbs past .01. Which I sincerely hope it does, but again, you don't put your hand on the hot pan more than once.
I just see it as the sellers are trying to bring Apple down with the lower prices and they will again jump in later. Doesn't seem that anything stops the Apple train. Been in & out of Apple since 2008 before the 1st smartphone came out. Back in for quite a while now and will stay for quite some time until funds are needed. Any forward split from Apple will only turn into more shares later on. Go Apple!
So is Green Mountain (GMND) going dark come the end of 2020. With the new legislation in place, unless GMND is current with filings, it will only be trading in the dark market. Cross our fingers and maybe someone will merge into this symbol and we can get out with our pants on. Any ideas out there?
I have enough to retire with if we hit the promise land. Had them for many years and still holding.
I just so much am doubtful. If DA had stayed current since 2016, then I would have believed in the numbers, but will side with you on this subject.
Thanks