BRAVADA International Ltd. (
) (Pink Sheets:BRAV) announced today that it has opened a new 4000+ square foot facility for the expansion of its online ecommerce operations for
. The new facility is a dedicated warehouse located at 7207 Melrose Avenue in Los Angeles, California, directly across from its Melrose World of Leggings retail store. This new facility is 70% operational with full capacity expected to be achieved by the week ending November 9, 2012. This new facility will allow for fulfillment volume of up to $40,000 in daily online sales and secures adequate capacity through 2013 for its online operations.
This new facility was opened using free cash flow from current operations. BRAVADA International continues to enjoy a robust environment for maximizing and growing its sales volume with Q4 2012 expected to be another record quarter for the company. A similar pattern of sales growth is expected as per the previous 4 quarters with a significant revenue spike in Q4 with sustained sales levels during the following three quarters. The new Melrose facility is also expected to yield added operational efficiencies in both costs and execution.
BRAVADA owns and operates World of Leggings, WorldofLeggings.com, and OnlyLeggings.com.
World of Leggings
is a real world leggings superstore that specializes in all styles of
, tights and
. OnlyLeggings.com is an online leggings superstore for leggings such as
faux leather leggings
high waisted 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 can be identified by phrases such as BRAVADA "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.