Bravada International Ltd (BRAV)

[Y U Axing Me]

I think this model is not one which would prove successful in a Franchise situation.

Why?

Look at the majority of the revenue...it's coming from web sales. I think expanding the web-based business will be more profitable for BRAV than franchising.

And franchisees will be quite unhappy having to compete against the corporate headquarters (website) to make sales.

Just my two cents.