I am curious if anyone speaks to anyone within the company or with Michael Sullivan of RedChip, the Investment Relations person?
BRVO wants to reduce outstanding shares to 160 million. Recently, they cancelled a few shares.
Obviously, the company needs capital. Only capital I am witnessing is coming from leasing slot machines. Paul Parliment infused money from his own pocket into BRVO. I don't think he wants to lose money as he did with SFMI/GHDC's management.
I don't like the share price but we are in pennyland. Major risks with any penny stock. It seems the SEC doesn't take much notice of penny stocks.
I no longer invest in any penny stock. I learned an expensive lesson. I am not a day trader. Penny traders are minor leaguers compared to investing in blue chip stocks.
Do I expect BRVO to succeed...YES if Michael Sullivan is telling the truth. He is in contact with Paul Parliment every week. So why would PP lie?
Have a great day. 2017 is going to be a good year with tax cuts coming at all levels.