Replies to post #66124 on Bravada International Ltd (BRAV)

[PaddyOmalley]

With 700 million shares a/s? I don't think so.....

[Beezerr34]

Burbank, no I don't get that impression in the slightest. Why would there be a R/S? The ONLY way I see a R/S happening in the future is if it's necessary to uplist to a much higher exchange, and in that case a R/S would be a very good thing. Other than that there is absolutely no reason why BRAV would consider a R/S. Here is something that I posted on the topic not too long ago:

A reverse split, in and of itself, isn't bad. Everyone's ownership percentage stays the same. The reason that reverse splits are scary to most OTC investors is because of what most of the companies do after the reverse. Usually, OTC companies do reverse splits not to uplist, but because the stock is no longer marketable. Since the stock is no longer marketable, the company is unable to raise money if it needs to. A R/S occurring under these circumstances almost always means immediate dilution after said R/S. As this post-R/S dilution takes place it begins to wipe out existing shareholders. That is why OTC investors do not like reverse splits very much. Now, with all of that said, Bravada is not even in the same galaxy as the above example, and I HIGHLY doubt it ever will be. I hope this helps.