BRAVADA International to Audit Full Year 2012 and 2013 Fiscal Years and Determine Up-listing Options in First Half of 2014
September 18 2013 - 4:00AM
Business Wire
BRAVADA International Ltd. (www.VivaVuva.com) (Pink Sheets:BRAV)
announced today that it intends to audit its full year 2012 and
2013 fiscal years and subsequently determine its up-listing options
in the first half of 2014. BRAVADA International has received
interest from third parties in helping to formulate a plan and has
had preliminary discussions in examining the most advantageous
venues for its shares to be listed to trade. The intent is to fully
maximize the inherent shareholder value while moving to a venue
that will bring added exposure to its shares as well as its
business.
These timelines were determined to be most beneficial for the
Company as fiscal years 2012 and 2013 should best reflect the
growing business and expansion of BRAVADA International’s portfolio
of revenue generating segments. The Company expects to begin its
2012 and 2103 audits in the first quarter of 2014 and does not
expect any material changes from the financial statements already
reported. Major components such as revenue recognition are
internally summarized daily, weekly, monthly and quarterly and
BRAVADA International does not capitalize its expenses.
“Growing our business is still our primary focus with the
upcoming launch of VivaVuva.com, completing our national television
strategy and expanding our women’s fashion collections across all
of our ecommerce sites,” replied Danny Alex, CEO of BRAVADA
International. “Having strong and growing business entities
dramatically strengthens our ability to maximize shareholder value
and gain the interest of third party entities to help us facilitate
maximum exposure for our stock. VivaVuva is a huge undertaking that
will see the Company expand to provide the very best in women’s
apparel and sexy women’s clothing from dresses, women’s tops, denim
jeans, skirts, leggings, jumpsuits, handbags and so much more.”
About BRAVADA International Ltd.
BRAVADA International owns and operates VivaVuva.com ,
OnlyLeggings.com, World of Leggings Retail Stores and
WorldofLeggings.com.
VivaVuva.com is an online women’s fashion bazaar developed with
a woman’s individual lifestyle in mind. VivaVuva offers one of the
largest selections of women’s fashion from women’s tops, sexy
dresses, jumpsuits, skirts, women’s shorts as well as jeans,
handbags and accessories.
OnlyLeggings.com is the largest online leg fashion and leggings
superstore with a wide range of women’s fashion apparel which
includes faux leather leggings, high waist leggings, cotton
leggings, plus size leggings, bodysuits, and more.
World of Leggings is an online and real world leggings
superstore that specializes in all styles of Made in the USA leg
fashion, women’s leggings, plus size leggings, tights and
bodysuits.
www.WorldofLeggings.comwww.OnlyLeggings.comwww.VivaVuva.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 can be identified by phrases such
as BRAVADA "believes," "intends," "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of
similar import. 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.
VivaVuva is a trademark of BRAVADA International Ltd., All
Rights Reserved
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