lev$elevator (LEV)

[Y U Axing Me]

The CF statement is not that big of a deal although it would be nice to see a corrected one on OTC

Not a big deal to you, but I would imagine it is to others...perhaps those who you would like to see investing in BRAV. In my opinion, the financial statements are not reliable at all. If the CF statement is wrong, why wouldn't the others be wrong.

The fact that I was able to tie out the CF stmt has both good and bad parts:

Good -
- Me being able to do it - gives me a little comfort that the report is able to be tied out

Bad -
- Me being able to do it - why couldn't they?
- Now that its been tied out, why not put it up there. Might make the company look more legit (you're welcome Danny Alex!)
- What squeak said the other day - That BRAV may be putting out bad financials on purpose. I think it's outlandish, but if Squeak thought of it....maybe others did too.


Bottom line, the financials are poor. IMO, they cannot be relied upon.

- The Cash Flow Statement is WRONG
- The Balance Sheet is WRONG

So....does that mean that we should rely on the P&L? if so, why???