BRAVADA International (www.Bravadawomen.com) (Pink Sheets:BRAV) announced today that Q2 2011 will be another record quarter for BRAVADA, and that BRAVADA is preparing to launch additional revenue drivers in July. This will mark the sixth consecutive quarter of revenue growth for BRAVADA as sales of its high performance women's activewear, yoga clothes, workout clothes and women's sport fashion continues to grow at a significant pace. BRAVADA expects to release its Q2 quarterly results sometime before the end of July. BRAVADA recently brought its accounting in house making its financial reporting much more efficient.
BRAVADA will be continuing with a number of additional revenue drivers in July including the launch of a new ecommerce website that is currently under construction. This new ecommerce website will provide an important addition to BRAVADA's suite of ecommerce properties. All of BRAVADA's websites are developed in-house at very little to no cost. BRAVADA anticipates its new website to have the same or more revenue potential as BravadaWomen.com and OnlyLeggings.com.
"We have had consecutive revenue growth each and every quarter and continuing to grow BRAVADA with free cash flow is our short and long term goal," replied Danny Alex, CEO and founder of BRAVADA. "We see great value in our stock as our market cap is only $750K. With our growth rate and ability to keep expenses in check, we do not think that it will be too long before the market discovers BRAVADA and sees it as a true value play. Our goal is to create an international high performance women's activewear brand and growing BRAVADA with free cash flow is where we are moving towards."
About BRAVADA International Ltd
BRAVADA owns BRAVADA Women's Athletica, BravadaWomen.com and OnlyLeggings.com. BRAVADA Women specializes in high performance yoga clothes, women's activewear, sexy gym wear, workout clothes and Brazilian fitness clothes. OnlyLeggings.com is BRAVADA's online ecommerce shopping mall for fashion leggings, animal print leggings, colorful leggings, metallic leggings, faux leather leggings, cotton leggings and seamless leggings as well as a provider of wholesale leggings.
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.
SOURCE: BRAVADA International Ltd
BRAVADA International Ltd Danny Alex, CEO 310-717-1003