Replies to post #22292 on Bravada International Ltd (BRAV)

[naturalborninvestor]

Sorry, but my understanding of business is that negotiations take place before a contract is announced. At the time of the press conference, everything should have been agreed upon, signed and stamped by a lawyer. The questions that should be addressed asap are

- Is the rumor correct and the deal fell apart? Why?

- Who pays whom for breach of contract if not otherwise determined beforehand in the contract

- When are these material events disclosed to the public in an appropriate manner

[Stratey]

Anyway, that will be clarified in the notes to the financial statements. As the Notes are dated as of the filing date, they'll include all material events which have occurred, including about whether the deal being done, or the deal is toast. We've been told the financials are coming "very soon"...right?

I can't help but think that recent occurrences might have had an impact on the timing of the 2Q financials. Now we have two separate people posting that some of the deals have fizzled out, and the CEO has gone silent...except for tweeting about his vacation to visit friends and family...oh, and dancing with the stars updates.


If all is true, boy has this ship turned!!