BRAVADA International to Audit Full Year 2012 and 2013 Fiscal Years and Determine Up-listing Options
Sep 18th 2013 4:16AM
Updated Sep 18th 2013 4:18AM
BRAVADA International to Audit Full Year 2012 and 2013 Fiscal Years and Determine Up-listing Options in First Half of 2014
LOS ANGELES--(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.
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
BRAVADA International Ltd.
Danny Alex, CEO
KEYWORDS: United States North America California
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