Ann: Recapitalisation Proposal , page-14

At the moment, I think one should sell and not worry about the recapitalisation proposal.

There are better return on investment and growth opportunities in the stock market with companies that pay dividends (COF for one).

When voting for the recapitalisation proposal, you need to consider whether the company will be placed into liquidation if they do not repay the debt to BOS International.

For BVA to return to a similar high investment growth opportunity, you would need to buy in at around 6 cents (5 cents even better). They offer a high return opportunity when the world markets come back to growth, particularly being positioned strongly in Eastern Europe and the UK markets.

You only need to monitor technology risks. With Microsoft .net technologies, a lot of companies are developing front end tools themselves. This will take away opportunities from Bravura Solutions and its off the shelf software.

Given the amount of shares being issued, I believe that this company is over priced. If convertible notes were issued instead of the large amount of shares then this would be much better for existing shareholders.

Best of Luck
Lost