InvestorsHub Logo

TooFrank

08/17/23 10:39 PM

#135384 RE: pire #135382

I believe he is in survival mode. He has done it before. I noticed a change in his activity when the lawsuit wasn’t settled or dismissed. He now has a pending lawsuit in early 2024 and a team of expensive lawyers to pay for. BRAV is already operating with a skeleton crew and 5 whse units down from 10.
He is still advertising and adding a few new items each week. I don’t see any signs of him closing shop and shutting everything down but I do see him drastically cutting back on expenses to protect his $600,000 personal investment that is sitting as common shares. He has a history of doing what it takes to survive and a history of disdain for shareholders.

Rockinboxers

08/24/23 11:06 PM

#135401 RE: pire #135382

Agree with everything you've said. He still sells under whatever name he chooses when Brav gets kicked down. Nothing changes for him except less expense hanging on loong after the successful pub co dream that has died. Not that he's spending that money anymore anyway obviously.
He'll have a paycheck and rest of lifetime to write off some of his losses. Doubt he'll live another 200 years but sure he knew that money was gone a long time ago.
Lawsuits change everything and get spendy so his tastes may have to change but shareholders have been tasting a** for a long time.
Or he pulls a rabbit out of his cowboy hat and fools everyone but I think the hats already worn out from being turned inside out so many times looking. Is a shame...