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by Stockwatch Business Reporter

The TSX Venture Exchange added 8.05 points to 526.54 Tuesday. Bruno Gasbarro's shell, Scavo Resources Inc. (SCV), has completed its acquisition of Tracy Wattie's Coquitlam marketing company, Brabeia Inc. Scavo has already issued 2.58 million shares to the shareholders of Brabeia, and an additional 23.22 million shares are in escrow, to be released in stages providing Brabeia reaches certain revenue milestones in three years; the first milestone is $1-million and the final is $6-million. Scavo has also changed its name to Brabeia Inc. and will resume trading shortly on the Canadian Securities Exchange under the ticker symbol BRA.

Brabeia, incorporated in 2013, is a social media marketing company and web design company that also develops on-line contests and sweepstakes for customers. The social media company offers blog packages starting at $420 for four blogs or $1,025 for 12 -- cheaper by the dozen. Yes, it writes blogs for you for this bargain rate of $1,025 a dozen. If a blogging bargain is not what a customer wants, Brabeia can fix you up with an e-book. The price of an e-book, already written for you, starts at $1,599.99. These writing fees seem so cheap it is hard to imagine that the writing is taking place on this continent. As for its contest and sweepstakes division, the company currently has two straightforward contests on its website. In the first, you submit your e-mail and in return you receive a chance to win a $25 gift card for the Google Play app store. Brabeia is presumably operating this contest to increase its e-mail list. In the second contest, you can submit your e-mail for a chance to win two tickets to Disney On Ice. The company charges customers between $25 and $250 per contest using one of its templates, or you can customize a contest for a larger fee. In the nine-month period ended March 31, 2015, Brabeia lost $358,568 on revenue of $82,425.

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