Bravada International Ltd (BRAV)

[Burbank]

Beezer many Class A or Super Preferreds work with a percentage as well as those that use ratio's. Such as those Converible into 51% of the common, and no less to maintain control of ownership. As far as "something has to be exchanged," for his services as Ceo or in lieu of a salary he has deferred would qualify if he or the board approved. If an R/S ever occured the percentage ownership could change for the shareholders and not so much for him, if after he converted his Class A preferred shares he was then able to receive options for additional shares at a future time for performance or salary. We have more to lose than him from dilution trust me.