Bravada International Ltd (BRAV)

[thatguy157]

My thoughts

they portray a positive outlook otherwise. minus being in the red and in debt of course. my opinion still stands though. its overbought and gonna correct.

If one were to look at Q1 and Q2 statements alone, I can perhaps see a feasible argument for overbought, now if the Q3 numbers are 200k plus and if the Q4 numbers are truly already over 100k in the first 18 days then I would say this is not over bought and undervalued. So in order to make my assessment I have personally (along with others), made cold calls, spoken with the CEO, tracked employees on twitter, purchased from the company, searched employment search engines, tracked the sales order numbers, visited the stores, ETC...... All of this information has drawn me to conclude what I have read in the PR to be very accurate. Now with all of that said, am I happy about the conference call being pushed back? I would have like to see the numbers today and heard from the company today also. I also know through DD that Danny Alex (CEO) likes to micro manage and do everything himself as far as new store, and day to day operations of every revenue driver. So it is feasible for me to understand him getting behind with explosive revenue and fall behind on original planned agenda. I am not in the retail business so I cannot access the workload or payment amount of employees. But I have made a very comfortable living in the hospitality and customer service business. When it comes to putting customer service first and corporate issues on the backend to take care of customers while trying to expand a customer base, then I understand completely. As a partial owner of the company I would expect for the CEO to take care of the people who pay the bills first. Now many will make the argument that dilution is paying for this company until we turn profit. Well that is true of any public company until it turns profit. When this happens, and I feel it will be very soon, then this PPS will follow. So evaluating a company based on red, black, dilution, cost, revenue, of the past is one thing that I can sympathize with. But the future is bright in my eyes. So I am investing in the future of Bravada, and I here that the future numbers for October (Q4) are going to be stronger than the entire Q2 numbers. GLTY GO BRAV