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.com
www.OnlyLeggings.com
www.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
Copyright Business Wire 2013