1 store for 100m shares is a pretty bad performance. At an estimated average PPS of 0,005 conversion rate this equals $500k in capital raised over the past few months. In return, we hope to see revenues of roughly $100k. What is so impressive about that?
First of all I thought I had you on ignore NBI. I will have to double check to see how you snuck by...Just kidding!
Second, 100 million more shares yes, but I am sure not all capital raised went to just opening a store and third and I will keep it brief...$100K is fine with me because as I have posted before you cannot make money without spending money. How do you expect Bravada expansion to occur without spending money to open new stores, develop private label, etc...without spending money?
Unrealistic in my opinion. Eventually with the new stores opening, wholesaling and retailing taking place. Revenue will start to outpace expenses but you got to spend first my man.
I have never heard of company not spending first in order to expand/grow on the way to becoming successful.
I mean if DA was peter pan he could just sprinkle Brav with magic pixie dust and POOF!!! Instant success!!! But it does not work that way.
We invest in a company we believe has a chance at becoming successful. We take that chance. If we do not turn a profit and company folds we only have ourselves to blame. No one twisted your arm did they?