Replies to post #40517 on Bravada International Ltd (BRAV)

[factor]

They just promised to look at it. Interpretation: find out what is required to be listed on OTC:BB and TSX.Press Release Source: BRAVADA International Ltd. On Monday March 7, 2011, 3:46 am EST

LOS ANGELES--(BUSINESS WIRE)-- BRAVADA International Ltd. (www.BravadaLtd.com) (Pink Sheets:BRAV.pk - News) announced today that BRAVADA’s Board of Directors has placed a priority to up-list its shares to trade on a higher exchange and expects to have something definitive in this regard by the end of March 2011

[AngelInvestorUK]

Knowing and following the proposed merger of our London Exchange with the Canadian Toronto Exchange, we have also looked at listing criteria and are fairly up to date on this topic. Our investors group requires that. Well, in knowing this let it be known that Bravada does not have the market Cap to be able to list on the TSX and as an entry stock with little if any experience in reporting, they might be able to list on the junior exchange in Canada called the TSX Venture exchange which is heavily weighted with junior mining stocks.
But again, should they list, the legal cost to the company would be in the range of 100K annually to satisfy reporting and investor relations. Quite a bit of money we believe Bravada does not have.