Bravada International Ltd (BRAV)

[Jammin1]

I appreciate your efforts and enthusiasm here, but I think you got your starting numbers mixed up. When you talk about 8-12x forward growth, I assume you're talking about multiples of revenues, but you used current PPS.

The multiple should be of expected future revenues, not current market cap (which comes from PPS). You just took the current market price and multiplied by 8 to 12.

So where does that leave us? Current TTM revenue/share is at .00496, when counting revenue after returns. After Q4 is announced, that will probably be down to .0044. After that, I expect it to hold steady in Q1 then rise again in Q2. In 6 months, I expect TTM rev to be at .005/share, then at 9 months, to .006, and up steadily from there. Of course, I'm just making projections, assuming success of VivaVuva, and could be wrong.

Applying your 8 to 12 multiple to that forward growth would put things between .04 and .07.