BRVO.OB

[boatguy]

 

[Ares]

Nice.
What timeframe combo did you use to get in?

[Ares]

You may want to look at EPCT.

EPCT down at least 17% and looks like it's in the process of tanking.
Hourly 200 ma currently at 2.09 and hourly congested support is at 2.25.

[boatguy]

Ares- I am not in- paper trading this time

Extremely risky here- will probably pull back to .069 to fill the gap on 1 min chart, if it bouces from there and hits new HOD watch out

[boatguy]

Ok- held .069 but gapped up again - caution

[boatguy]

OK-breakout-

If I was in at .05 I would have a sell order in at the .089 area

.075 new support

[Ares]

It looks like we're in the same boat.

[boatguy]

 ;)watch now!

[Terliso]

What! the famous BRVO is now trading at 0.06 cents? unbelievable....

[lancefur]

Wow, how the mighty have fallen. Great news out for restructuring but not so good for the stock price. Could be a great opportunity to pick up shares dirt cheap.

Press Release Source: Bravo! Brands Inc.


Bravo! Brands Implements Plan To Improve Financial Performance
Wednesday May 2, 9:06 am ET


NORTH PALM BEACH, Fla., May 2 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it has commenced the implementation of a plan to restructure its business in an effort to improve its financial performance.
ADVERTISEMENT



On Friday, April 27, 2007, the Company terminated 34 of its 62 employees. These terminations included the release of Mr. Stanley Harris, who has served as the Company's Chief Marketing Officer since January 2006.

On April 30, 2007, the Company's Board of Directors voted to terminate the employment of Roy G. Warren, who has held the position of Chief Executive Officer of the Company since May 1999 and President of the Company since May 2006. Mr. Warren will remain as a Director of the Company. The employment of Michael Edwards, who held the position of Chief Revenue Officer of the Company, also has been terminated, effective May 1, 2007.

The Company's current total monthly payroll expense has been reduced by in excess of 50%.

While cuts have been made across the board to sales personnel, executive and administrative positions, key personnel have been retained to enable the Company to move forward in implementing possible new distribution and production arrangements.

Ben Patipa, the Company's Chief Operating Officer, in commenting on the reasons for the work force reduction, said "Recent events, including disappointing revenue growth and our stock trading price, have made our efforts to obtain adequate funding to continue at our present size difficult. As a result, we must downsize. More important, however, this reduction in work force is but a part of a larger plan to restructure our business in an effort to give us a better opportunity to move toward profitability."

On April 5, 2007 the Company announced that it had engaged Cowen and Company to assist the Company in an effort to explore strategic alternatives, one of which may include investments by strategic partners.

The Company also announced that, on May 1, 2007, it closed a funding transaction with six accredited institutional investors, for the issuance and sale of 18.5 million shares of the Company's common stock to the Subscribers for $740,000. The Company also issued five year warrants for the purchase of an additional 9.25 million shares of common stock at an exercise price of $0.04 per share.

About Bravo! Brands Inc.

Bravo! Brands Inc. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico and Puerto Rico. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand names Slammers® and Bravo!(TM). Bravo!'s Slammers® products are available nationwide in popular chains such as: 7-Eleven, A&P, Allsup's, BP Petroleum, Brookshire Grocery, Circle K, Cumberland Farms, CVS, Discount Drug, Eckerd Drug, Giant Food Stores, Hannaford, Hess, Kings, Krasdale, Pathmark, QFC, Schnucks, Sheetz, ShopRite, Speedway, Stator Bros, Sunoco, Tedeshi, United Supermarkets, USA/Super D Drug, Waldbaums, Walgreens, Quick Trip, Wal-Mart Supercenter and Pilot Oil.

Many of Bravo! Brands' Slammers® lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods USA, a division of Mars Incorporated, General Mills, Organic Valley, and MD Enterprises (Moon Pie®), providing superior name recognition packaged with quality, great-tasting drinks.

On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers® Masterfoods line, as well as the Bravo!'s Slim Slammers® and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!

For more information, visit: http://www.bravobrands.com .

Forward Looking Statements

Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: Bravo! Brands Inc.

[cumulina]

I gave in to my "gambling-gene" and bought some BRVO today at 0.05 

[lancefur]

I gave in to my "gambling-gene" and bought some BRVO today at 0.05 

I was in at .0412 last week. Not sure what to make of the after hours announcement on Friday but I believe that is why there was such a run up today. Could it be that BRVO finally has some good news to report?

[cumulina]

Today could prove to be interesting... 

   May 11, 2007 - 3:52 PM

Bravo! Brands Inc. to Host Investor Conference Call

NORTH PALM BEACH, Fla., May 11 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it will host a conference call on Tuesday, May 15, 2007 at 4:15 p.m., Eastern Time to discuss First Quarter 2007 financial results.

To participate in the conference call, dial 877-407-9205. International callers, please dial: 201-689-8504. No Passcode required.

This call will be webcast and can be accessed on the company's website at http://www.bravobrands.com in the Investor section under the 'Investor Conference Calls' tab or at: http://www.investorcalendar.com. A recording of the call will be available until May 17, 2007 at 11:59 p.m. To hear this recording, dial 877-660-6853 (International: 201-612-7415; enter account number 286; conference identification number 242467).

About the Company

Bravo! Brands Inc. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico and Puerto Rico. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand names Slammers(R) and Bravo!(TM). Bravo!'s Slammers(R) products are available nationwide in popular chains such as: 7-Eleven, A&P, Allsup's, BP Petroleum, Brookshire Grocery, Circle K, Cumberland Farms, CVS, Discount Drug, Eckerd Drug, Giant Food Stores, Hannaford, Hess, Kings, Krasdale, Pathmark, QFC, Schnucks, Sheetz, ShopRite, Speedway, Stator Bros, Sunoco, Tedeshi, United Supermarkets, USA/Super D Drug, Waldbaums, Walgreens, Quick Trip, Wal-Mart Supercenter and Pilot Oil.

Many of Bravo! Brands' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods USA, a division of Mars Incorporated, General Mills, Organic Valley, and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great-tasting drinks.

On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Bravo!'s Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!

    For more information, visit: http://www.bravobrands.com.

     Investor Relations Contact          Company Contact
     Integrated Corporate Relations      Jeffrey J. Kaplan,
     Kathleen Heaney                     Chief Financial Officer
     (203) 803-3585                      (561) 625-1411

SOURCE Bravo! Brands Inc.

Source: PR Newswire (May 11, 2007 - 3:52 PM EDT)

News by QuoteMedia
www.quotemedia.com

[lancefur]

I am a bit nervous to be holding over the conference call given their past history with conference calls.  Given the timing of this though, I cannot imagine anything but positive given the response to the stock price since the announcement.

[cumulina]

I only have a small portion, so it will not hurt too much if the C/C goes against us.

So far, however, everything looks good!