Bravo Foods International Corp.
NORTH PALM BEACH, Fla., March 30 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that total revenue for 2005 was a record $11.9 million, an increase of 257% over the prior year's revenue of $3.3 million. Bravo! reported a net loss applicable to common shareholders of $14.8 million compared to a $4.2 million loss in the prior year. The net loss on a per share basis was $0.11 in 2005 compared to a $0.10 per share loss in 2004 on a 236% increase in weighted average shares outstanding. Net income in 2005 was negatively impacted by a one-time, non-recurring finder's fee as well as a significant increase in selling expenses.
Comment - Excellent revenue growth but the big loss makes me nervous. Anybody have any comments on the big loss.

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