Bravada International Ltd (BRAV)

[c7bk]

I am caught up thank you very much. I was agreeing that graphs can be made to skew real facts to make whatever point someone wanted. It just depends on the information used (or not used). Point in fact is showing a graph of Bravada sales ond COGS as proof the company is having positive growth yet these graphs fail to show any increase in inventory and additional expenses associated with the increased sales. A more useful graph would include cash flow for these quarters. Trying to forecast positive growth based upon limited information is misleading.

Projecting dilution for pinks by using a graph is laughable as well. Rate of dilution is also effected by A/S (which we are approaching) as well as pps. The more likely reason for the lower dilution rate is the higher pps we have had this quarter. Try adding the pps to your dilution graphs if you want a more accurate graph. As the pps declines the dilution rate increases for most pinkies making the two closely related.