Bravada International Ltd (BRAV)

[Beezerr34]

Let me see if I can put an end to this theory. Wouldn't that be considered a loan to the company? Aren't loans reported on the balance sheet? Did the loans go up by any amount that would make that theory feasible?

Not if Danny didn't want to receive anything in return for the shares, and that is also exactly why a Form 4 wouldn't be necessary either. Remember that we're dealing with a CEO that doesn't take his salary and that has put his entire life into this company. Consider that before you say that no CEO would give shares for nothing in return. Also, Danny's majority stake in this company is in the form of preferred stock that carries a time and revenue restriction. For a while there you were making it sound like the 22M shares was the majority of Danny's position. I also think it NEEDS to be mentioned, for everyone on the board, that this "issue" that people are talking about happened sometime last year. It was reported on the 2011 annual report and didn't even appear in the Q1 2012 report. You brought this up again a couple days ago as if it's new information, BUT who really gives a crap since the financials aren't reliable anyway right? Sorry man, but your "will the last long out get the lights" comment really rubbed me the wrong way.