Friday, September 17, 2010 2:33:53 PM
A.) I believe that burn rate will be less than orginal store.
B.) I'm gonna guess that we DO NOT need to raise A/S.
here is why:
1. I don't think marketing/coverage is needed for these type of stores (as Beez had mentioned we did that in Q2). And, the fact that opening up in malls is already awarness because of all the foot traffic that will see the store. So we just have the normal expenses of rent, employees, inventory, etc..
2.) I would suspect the resources that were allocated for the Khoas store would be reverted over to the mall implementation and therefore no need to raise A/S. In addition, there are other ways to raise funds than to raise the A/S.
3.) With the resources we have now, Bravada can mass dupllicate enough stores to then turn around and use the revenue from those stores to build new stores and so on.
Just my take. I like the possiblity and the risk involved.
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