I spent a few minutes talking to Michael Sullivan of Red Chip. According to him a company by the name of Night Capital Market was shorting BRVO and other pinks. They were caught and fined.
2nd. He talked with PP 10 days ago and there is no litigation of any sorts or it would have been in the last filing. The last legal issue was closed April 25th. Next expected report is April 14h unless an extension occurs. If there is litigation, BRVO has to state it.
3rd. The reason for the reverse split was to draw interest from institutions and individuals. Pennies don't draw interest. Pennies stink. Better off in Las Vegas.
Any response to this, take it up with Michael Sullivan of Red Chip. He gave me his direct line. Call Red Chip.