Bravada International Ltd (BRAV)

[Jammin1]

It's more likely that they're thin Profit margin Meant he didn't want to spend money On something that at the time he didn't have to do

Yes, you're right.

He even said this in the answers section of the bravada.com website, where, during the downturn a few years ago: "The costs associated with moving the company's operations, re-orientating, and other expenses of maintaining its listing with OTC Markets resulted in burdensome cost structure that may have compromised the ability of the company to complete its plans.
The costs of being public were very onerous and it was something that had to be cut so that BRAVADA could move forward into a growth position."