Bravada International Ltd (BRAV)

[BeachBum]

In the CEO's words. "SEC, FINRA"??

“BRAVADA is perhaps one of the very few pink sheet companies that set out with the intent to create and grow an idea, a vision, a concept and make good on creating real value for its shareholders. It is no secret that pink sheet penny stocks have a dubious reputation created by individuals that do not hold the same morals and standards that the Officers and Directors hold at BRAVADA and I applaud the efforts of the SEC, FINRA and other regulators in protecting shareholders from individuals that continually bring harm to the investing community. I strongly believe that BRAVADA has proven that the elements that allow for the formation of capital at the microcap level can work and can be developed to benefit investors and grow companies into 'going concerns' and maybe even into having a national and international presence. I believe that BRAVADA is a wonderful example of what can be achieved at the microcap level when the vices available to it are used in the creation of a common good for all shareholders equally.

Not much ambiguity in these publicly released statement. In the last 12 months since reporting ended, what event occurred to warrant the failing in "ALL" that is stated above related to "protecting shareholders".