Replies to post #79931 on Bravada International Ltd (BRAV)

[Y U Axing Me]

But long term if DA keeps learning and growing as a CEO Brav should be a hit.

Love yah tmac7, but I think that statement is unacceptable. Is our (well, your) money financing the CEO's learning process a good investment?

Any REAL company would have fired the current CEO years ago.

However, I think we all know that it isn't possible here, as the CEO provided himself with enough votes to outweigh anyone's vote(by producing those preferred shares). Heck, if one could somehow buy ALL of the outstanding shares, that person would have NO SAY in the business. Welcome to the pinks!! IMO...that's one of the stinkiest pinky moves a company can make.

You see, it's those types of shenanigans that make the share price "undervalued". Other shenanigans include the unprofessional, disgraceful, and discrediting financial statements reported in Q4 2011 and Q1 2012. Those are the reasons, among others, why the PPS is down (I posted others yesterday). Think about it.

Also, if you check the conversion provisions on the Preferred shares, you'd see that there is absolutely no pressure to raise the PPS until January 2014...unless the CEO wants to dump the rest of his common shares ;-)

This post wasn't direct at you directly, Tmac7. It's just me expressing my opinion.

Good luck everyone.