Bravada International Ltd (BRAV)

[PhilipDrummond]

Just a reminder:


The company will continue to finance its activities through shareholder loans and will continue to
raise additional capital to develop the BRAVADA brands, however, the Company is anticipating
to be profitable in this current fiscal year, 2011. The Company has relied on a combination of
loans from shareholders for operations, cash flow from operations and equity to continue to
capitalize the company and continue and grow operations. Revenue from product sales has not
off-set the amount of capital needed to develop BRAVADA?s brands to date but the Company
anticipates that avenues of revenue shall begin to increase as it continues to develop and
monetize its brands. The Company will continue to raise additional capital either through continued debt instruments (Shareholder Loans or Convertible Debt Instruments) or the raising
of additional funds through equity if additional capital is required.
Management has determined that BRAVADA Women?s Athletica and its online operations will
require additional capital to propel them into profitability however, the Company has made
significant progress in growing its revenue streams. Management intends to reinvest revenues
generated through sales of the products into sales and marketing as well as additional inventory
and store growth