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BeachBum

11/12/12 3:27 PM

#83868 RE: 1234zxcv #83867

One glaring problem with that idea. onlyjeans.com and onlylingerie.com are taken.

It also costs a small fortune to build new product inventory which I'm sure, shareholders are not interested in funding at .004.

I think they should keep doing this until cash positive (if not) and then do more of it until more cash positive.

Buy back shares up to an acceptable (subjective) earnings based market cap and then fund expansion at a much higher pps only if necessary.

No dilution in over a year so Bravada must be making enough to cover burn and some imo.
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growthstocks

11/12/12 4:06 PM

#83870 RE: 1234zxcv #83867

1 million leggings per quarter.. Hmm that's $30m a quarter average..that seems like an incredibly high amount