BRAVADA Looks to Open Its Third World of Leggings Retail Store and Provides Q1 and Q2 2012 Revenue Guidance

January 23, 2012 at 09:10 am

MarketScreener.com By

BRAVADA International (www.OnlyLeggings.com) (Pink Sheets:BRAV) announced today that it is looking to open its third World of Leggings? retail store and is providing investors Q1 and Q2 2012 revenue guidance. BRAVADA has been in substantive discussions on a new store location on 3^rd Street close to The Grove Shopping Mall in Los Angeles, which is a preferred location out of two that have been picked out. The 4000 square foot location would be its largest retail store with renovation plans and feasibility assessments already being completed. To date, retail sales at its World of Leggings retail stores have continued very strong into the first quarter of 2012 and BRAVADA is confident in each store being profitable and adding free cash flow to operations and expansion. This third World of Leggings location would begin the first phase of expansion for 2012 that would see a select number of additional retail stores open in the Los Angeles area during the fiscal year 2012. All free cash flow from operations is being used to propel further expansion.

BRAVADA is providing investors the following revenue guidance for Q1 and Q2 2012:

Quarter 1, 2012:			$650,000 - $ 725,000
Quarter 2, 2012:			$750,000 - $ 825,000

BRAVADA anticipates accelerated growth in the second half of 2012 as additional infrastructure is put in place to facilitate World of Leggings retail store openings at a quickened pace including investigating the feasibility of implementing a franchise program late in 2012. In the coming weeks, BRAVADA also expects to launch WorldofLeggings.com, which will be "companion competition" to its Online Leggings Superstore, OnlyLeggings.com, which is the online leader for women's leggings, leather leggings, fashion leggings and more.

About BRAVADA International Ltd

BRAVADA owns and operates World of Leggings, BravadaWomen.com and OnlyLeggings.com. World of Leggings is a real world leggings superstore that specializes in all styles of leggings, tights and bodysuits. OnlyLeggings.com is an online leggings superstore for leggings such as women's leggings, faux leather leggings, cotton leggings and high waisted leggings.

www.BravadaWomen.com
www.OnlyLeggings.com
www.Bravada.com

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 generally can be identified by phrases such as BRAVADA or its management "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.