Bravada International Ltd (BRAV)

[baronius]

I don't believe the CEO is as straight-forward as he once might have been. No more conference calls...Not much communication with the market.

This is a joke, right? When he did those things, it was all hot air, forward looking statements and unnecessary explainations of the economy. People tore it apart. Nobody wants to hear what might happen, or what excuses there are for the share price. danny is not wasting time pandering to us anymore. Focusing on the business is what he needs to be doing.

Revenues are down, but so is spending. Fins are getting cleaner, no silly lawsuits or threats, just business. Q1 wasn't great, but I still see it as another step in the right direction. People seem to want the hare to win the race, but the tortoise may be the best pace (assuming it can survive). I agree with Fill that the best course at this point may be to close down the leggings shop while keeping the fulfillment center/vivavuva (still hate that name though) open. This keeps a B&M presence while maintaining the needs of the online stores. Cutting this overhead would put us on pace to profitability.

Will danny do it? Who knows, it's his decision and our choice whether or not we want to invest in it. *I* still think this has a chance. Probably not going far this year IMO, but hey, I like those long term gain tax rates ;)

BTW, what do you think about the only other board member? Says he's not making a salary so that's good. Do you feel maybe he was brought in as a consultant? Maybe he told danny to stay off the forums, stop the forward looking statements and stick to one direction without all the flash and ego. Something has changed with danny, you can't deny it. Personally, I don't think he did it on his own. Could be the new fellows doing, but that, like most everything else here, is just pure speculation.

GLTA