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BRAVADA CEO Danny Alex Says “BRAVADA International Ltd. Sets a New Standard for Microcap Companies in Creating Real Growth,...

Date : 02/09/2012 @ 4:31AM
Source : Business Wire
Stock : Bravada International, Ltd. (PL) (BRAV)
Quote : 0.0027  -0.0001 (-3.57%) @ 4:30PM

BRAVADA CEO Danny Alex Says “BRAVADA International Ltd. Sets a New Standard for Microcap Companies in Creating Real Growth,...

Bravada International, Ltd. (PL) (USOTC:BRAV)
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BRAVADA International (www.OnlyLeggings.com) (Pink Sheets:BRAV) announced today that BRAVADA CEO and founder Danny Alex, in a message to shareholders, said that, “BRAVADA International Ltd. is setting new standards in the world of microcap companies by creating real growth, real value, real return on investment and preserving and creating shareholder value despite the worst economy since the great depression.” BRAVADA International Ltd., with its World of Leggings retail stores and OnlyLeggings.com ecommerce web mall, has seen its revenue continue to grow at a very impressive rate with plans in 2012 to continue expansion in the realization of creating significant shareholder value.

Mr. Alex’s message to shareholders continued as follows:

“I can say with confidence that BRAVADA International Ltd. has reached the next level of its corporate development by achieving the ability to maintain and expand its operations with its own free cashflow derived from its own operations for the past three months. That is not to say that BRAVADA is void of any risks and potential jeopardy inherent in any business however, we see little to no need to raise capital for daily operations, only for large scale expansions when they occur. I have always maintained that this company, along with its Officers and Directors would, at all times, make decisions and operate for the benefit of all shareholders equally and make sacrifices commensurate with the desire to create real return on investment. This is no easy task and we have had many difficult decisions to make, many plans that did not work out as desired and made changes to our business plan and direction as more fruitful derivative opportunities made themselves evident. I never wavered in my commitment to all interested stakeholders and will continue to do so into the future.

“In early 2012, BRAVADA began a process to implement a number of new structural corporate infrastructure additions, the most significant of which is internal financial management so as to be able to grow its operations at the same accelerated pace in 2012 as it did in 2011 with discipline. A business generating millions of dollars in revenue cannot grow effectively without sophisticated financial management tools and controls. I expect to be making a specific statement and provide details with regards to these changes very shortly.

“BRAVADA is perhaps one of the very few pink sheet companies that set out with the intent to create and grow an idea, a vision, a concept and make good on creating real value for its shareholders. It is no secret that pink sheet penny stocks have a dubious reputation created by individuals that do not hold the same morals and standards that the Officers and Directors hold at BRAVADA and I applaud the efforts of the SEC, FINRA and other regulators in protecting shareholders from individuals that continually bring harm to the investing community. I strongly believe that BRAVADA has proven that the elements that allow for the formation of capital at the microcap level can work and can be developed to benefit investors and grow companies into 'going concerns' and maybe even into having a national and international presence. I believe that BRAVADA is a wonderful example of what can be achieved at the microcap level when the vices available to it are used in the creation of a common good for all shareholders equally.

“In closing I will say that the United States was founded by great people with great ideas that had access to a free market system that created wealth for millions of people honestly and with integrity. It is my hope that BRAVADA can lead by example and prove that the microcap market is an important one that can serve as an incubator for great ideas and a conduit for creating jobs and wealth for middle America. I look forward to 2012 and what BRAVADA may achieve. What is next for BRAVADA? As I have said in the past, I will let our revenue growth and financial performance speak for us.”

About BRAVADA

BRAVADA owns / operates World of Leggings™, BravadaWomen.com and OnlyLeggings.com. World of Leggings is a real world leggings superstore that specializes in all styles of leggings, tights and bodysuits. OnlyLeggings.com is an online leggings superstore for women’s leggings, such as basic leggings, high waisted leggings and plus size leggings.

www.BravadaWomen.comwww.OnlyLeggings.comwww.WorldofLeggings.comwww.Bravada.com

This news release may contain statements about future expectations, plans, prospects or performance of BRAVADA International Ltd that constitute forward-looking statements for purposes of the safe harbor Provisions within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BRAVADA or its management "believes," "intends," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.



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