Bravada International Ltd (BRAV)

[TooFrank]

I believe he is in survival mode. He has done it before. I noticed a change in his activity when the lawsuit wasn’t settled or dismissed. He now has a pending lawsuit in early 2024 and a team of expensive lawyers to pay for. BRAV is already operating with a skeleton crew and 5 whse units down from 10.
He is still advertising and adding a few new items each week. I don’t see any signs of him closing shop and shutting everything down but I do see him drastically cutting back on expenses to protect his $600,000 personal investment that is sitting as common shares. He has a history of doing what it takes to survive and a history of disdain for shareholders.