Bravada International, Ltd. (PINK:BRAV) closed Friday session with a minor increase in the share price and average trading activity. Today could be different, however, as the stock is promoted again. Not a long time ago, the same promoter doubled BRAV share price and led the trading volume to record values. 
Friday session closed at $0.0026 with a 4% increase and a total trading volume of 5.09 Million shares. According to our newsletters database, the old promoter of the company is back again to pump BRAV share price up. Yesterday afternoon, an e-mail came in from the same promoter that covered BRAV at the end of this June. The stock chart shows what one could expect, especially considering that the company again reported ‘record’ revenue growth last Tuesday.
The terms of the promotion stay also the same. The disclaimer of the e-mail says the promoting company is expecting to receive $4,000 for a six-week investor relations contract, starting date being today. The company is again paying itself for the coverage, maybe to enhance the effects of its latest press release. Last week, BRAV announced an over 200% growth of its revenue for August as compared to the previous month.
Final operational results would be available after the end of the quarter, though the previous financial report did not suggest that BRAV would soon make a profit, even if the revenues actually grow that fast. In the report the management states that it will continue to rely on shareholder loans and on raising additional capital to develop the BRAVADA brands. For the first six months of the year, the net loss was almost $122,000 and the company did not report any significant cash on its balance sheet.
