From the annual report:
Fiscal Year 2013:
BRAVADA International Ltd is currently in what it would call substantive discussions to significantly grow its
World of Leggings retail store footprint across North America. With no outside debt and growing free cash
flow from operations, the Company has been able to easily demonstrate the strength of its business model,
product innovation and inherent ability to grow its business in a way that is both measured and aggressive.
Retail store growth is expected to take two forms on a go forward basis, corporate stores and franchise stores, in
both the United States and Canada. In the second half of 2012 and into 2013, BRAVADA International has
been laying the framework that would allow it to open new World of Leggings retail stores at an uninterrupted
pace. The considerations for this kind of growth are many with the most important consideration to be the
availability of product. To effectively grow the real world retail component at an accelerated pace, availability
of product must escalate as new stores, both corporate and franchise, are opened up without any impact on its
existing business which has demonstrated an ever increasing product demand month over month. Adequate and
qualified personnel must also be in place to oversee not just inventory, manufacturing and fulfillment
considerations, but also retail store support and training in multiple geographies. With these considerations in
mind, the Company has been working to put in place the elements that would allow it to escalate all areas of its
business.
Growth of the Company’s online business is expected to continue through 2013. BRAVADA International is
developing and has implemented a number of new initiatives which include website redesigns, greatly
increasing its social media footprint, advertising, product innovation and more. The Company intends to
provide further information to shareholders on these and all developments as they become material in nature and
available for disclosure
