Bravada International Ltd (BRAV)

[TooFrank]

HaHa having fun yet flipping.

People are cutting back.

Was reading this morning the used goods business is booming - furniture, electronics, appliances, clothing, etc…

1 in 6 people are behind on their utility bills.
Nationwide 15 percent of people are behind on their rent.
In louisiana 30 percent are behind on their rent.
Over 50 percent of employers are in the process of laying off employees or plan to layoffs employees.
Credit card balances are up %20.
Even the over $100k a year family income earners are flocking to Walmart.

Shit is going south big time.

In BRAV’s favor is low end affordable apparel as it will be sought after as families pinch pennies.