Bravada International Ltd (BRAV)

[c7bk]

Sorry but it is much more realistic and likely they get sold immediately. The funders typically negotiate a price somewhere around a 50% discount of the closing pps the day before they purchase these shares. No way would any of these funding clowns want to wait 4 days for a pinky certificate to clear before they could recover their money. A PPS could easily tank by then and they would risk losing much of their investment. These guys are only doing this to turn a quick profit which is why they never hold these shares.

Trust me, diluted shares start hitting same day issued in most cases.