Replies to post #39414 on Bravada International Ltd (BRAV)

[BeachBum]

Again, the books should be handed over to an objective auditing firm imo.

I agree, BRAV needs to uplist and attract new money but they also should remember that "Unsophisticated" morons bankrolled 2 stores and a few hiccups in 2009-2010. Don't burn that bridge before you have "sophisticated" replacements for the dummies. ;-)



Just do it!

Dec 08, 2009 05:00 ET
Muscle Flex Inc. Upgraded to 'Current Information' on Pink Sheets

LOS ANGELES, CA--(Marketwire - December 8, 2009) - Muscle Flex Inc. (www.MuscleFlex.com) (PINKSHEETS: MFLI) announced today that it has returned to 'Current Information' status with PinkSheets.com after filing its required financial information. The Muscle Flex September 2009 financials were delayed two weeks as Muscle Flex engaged a new accounting firm that is preparing its financials to audit fiscal years 2008 and 2009. In early 2010, Muscle Flex Inc. intends to transition the Company to a fully-reporting company listed on the OTC Bulletin Board (OTCBB). The Company's intent is to provide the highest level of corporate accountability and visibility for Muscle Flex, as well as significantly expand the market for the Company's stock.

Muscle Flex Inc. is committed to providing its shareholders with greater accessibility to current information affecting their investment in the Company. A move to the OTCBB would require Muscle Flex Inc. to issue regular SEC-mandated filings, such as quarterly financial reports, along with communicating other material developments in a timely fashion.

Companies that trade on the Pink Sheets are not obligated to provide shareholders with timely or consistent information as to their financials, share issuance or other material changes. Danny Alex commented, "We want to increase transparency as much as possible now and in the future. Until a listing on the OTCBB occurs, Muscle Flex will continue trading on the Pink Sheets and keep the financial community up-to-date with our progress through press releases and voluntary filings that are available at www.pinksheets.com."

[pire]

But these are not filed with a 10K. Rather they are a statment of business with some paid attorney signing them. Where is the 10K filing? I stated filed financials, to which your reply was of a statement of valuation. So maybe learing to read, before you post is another thing to do.

The following is listed on Ameritrade's Valuation Section:
Losing money on an operating basis, BRAV appears to be an inefficient company. While its profitability is above the median on a gross margin basis, its bottom line, the net margin, is below the Advertising industry median.