Bravo Multinational Incorportated Press Release Archive

Bravo Multinational Incorporated (BRVO) Files its March 31, 2017, Quarterly Report, Preferred ‘A’ Shares Cancelled

Toronto, Canada- July 11, 2017- Bravo Multinational Incorporated (OTCPINK: BRVO) filed its first quarter ending, March 31, 2017, FORM 10-Q with the US SEC.  Subsequently, the Company’s filing status is now revised to “Current Reporting.”

Currently, Bravo’s accountants are proceeding with the preparation of the 2nd quarterly FORM 10-Q filing, expected to be submitted before the due date of August 14, 2017.

On June 18, 2017, 100% of the Preferred ‘A’ shareholders agreed to have ALL of their Preferred ‘A’ shares (issued and outstanding) returned to Bravo treasury for cancellation; no monetary value was recognized for these share returns.  The result of this action returns 100% voting control of the Company to the shareholders of outstanding common stock.

On May 30, 2017, the Company advanced 100 additional slot and video poker gaming machines as part of the bulk purchase agreement signed on May 4, 2016.  All gaming machines once retailed are to be operated and managed under a long-term (the year 2033) countrywide national license. Delivery was advanced to fill additional orders for retail sales and reports on these new “Closed Sales” in upcoming US SEC filings.

The Company is progressing well with its review of the business opportunity reported in its June 26, 2017, press release.  The “Letter of Intent” stipulates the potential purchase of plenty of gaming machines available for immediate revenue producing placement.  Management will release a news update upon completing a definitive contract agreement on the pending gaming machine purchase.

About Bravo Multinational Incorporated:

Bravo Multinational Incorporated (OTC: BRVO) is a diversified company with its main focus being on the growth of its casino gaming equipment holdings. Current BRVO gaming equipment assets are located in Central and South America. Bravo also holds patented mining claims in the gold and silver district on War Eagle Mountain, USA. Bravo’s current and future growth strategy, driven by partnerships, new acquisitions, and ventures should result in financially viable and profitable long- term operations throughout the Americas.

For further information contact Bravo Multinational Incorporated, www.bravomultinational.com, info@bravomultinational.com and (716) 803-0621

Bravo Multinational Incorporated cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by other factors. Such factors, including, but not limited to, vagaries of trade, market competition and other risks detailed herein and from time to time in the U.S. Securities and Exchange Commission filings of the Company.

Bravo Multinational Incorporated’s (BRVO) FORM 10-K Reports $741,945 Revenue, Advances Gaming Machine Orders, and Sign “Letter of Intent”

Toronto, Canada, -June 26, 2017- Bravo Multinational Incorporated (OTCPINK.BRVO) on June 23, 2017, announces filing its US SEC FORM 10-K for the year-end December 31, 2016.

For the year-ending December 31, 2016, the Corporation reported audited revenue of $741,845 from the sale of casino gaming equipment.

The Corporation’s new PCAOB auditor completed the audited financial statements for the periods ending December 31, 2015, and 2016.

The recent auditor changes were related directly to the inability of the former auditors and accountants to provide BRVO with fully audit services as required by a PCAOB auditing firm under US SEC reporting rules.  Therefore, BRVO had no choice but to contract a new accounting firm and a PCAOB Auditor. That move required a full two-year audit.

Management now moves forward with getting its FORM 10-Q filed for the period ending March 31, 2017.  With the immediate objective to file this report becoming full reporting and update to a “Current” status on OTCMARKETS.COM again, this remains a fiduciary priority, and BRVO apologizes for these reporting delays.

With marketing increases, BRVO’s sales continue to advance, whereas, on March 29, 2017, BRVO advanced 100 additional slot and video poker gaming machines as part of the casino gaming equipment “Purchase Agreement” signed on May 4, 2016.  Delivery advanced to fill immediate retail sales orders with all new ‘closed sales’ reported in the upcoming US SEC FORM 10-Q filings.  All retailed gaming machines will continue to operate and managed under a long-term (the year 2033) country-wide national license.

Management’s focused growth in the casino gaming sector enabled the signing of a

‘Letter of Intent’ (LOI) on May 30, 2017.  The proposed LOI structures a large acquisition of casino gaming equipment currently available for immediate placement into licensed operations. Management believes that based on historical equipment revenue statistics, that upon equipment placement, BRVO should greatly benefit from an immediate positive cash flow. These pending assets would remain in BRVO.

Upon preparation and full approval, BRVO’s management intends on closing the transaction in July 2017.

Bravo’s CEO, Paul Parliament, stated, “BRVO’s executives remain confident and optimistic that all recent actions are solid long-term technical moves which should lead to solid, steady future results.” He further states, “recent recapitalization actions provides quantifiable share price valuation, providing BRVO shareholders a more accurate market view on our business activities.”

Company performances facilitated through the growth of retail operations, the staged acquisitions of casino equipment operations, and the potential expansion of several additional multifaceted business acquisition opportunities (currently under review) became available as a direct result of recent operational changes and recapitalization.  Bravo anticipates several new business ventures to be in place throughout 2017 and beyond.

About Bravo Multinational Incorporated:

Bravo Multinational Incorporated (OTCQB: BRVO) is a diversified Company, with its main focus on the development and expansion of the Casino Gaming Equipment holdings and Gaming related business activities throughout Central and South America. Bravo’s growth strategy, driven by partnerships, acquisitions, and new ventures should result in financially viable and profitable corporate divisions.

Bravo Multinational Incorporated cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, vagaries of trade, market competition and other risks detailed herein and from time to time in the U.S. Securities and Exchange Commission filings of the Company.

Bravo Multinational Incorporated (BRVO) – Update  

Toronto, Canada – December 19th, 2016- Bravo Multinational Incorporated (OTCQB: BRVO) reports on Company activities.

10Q for Quarter ending September 30, 2016:

The Company would like first to apologize to its shareholders for the yet to be filed “Quarterly Report.” The cause of this extensive delay is due to serious ongoing health issues with BRVO’s CFO. That being said, after numerous interviews with several firms over the past few weeks, the Company has on Friday, December 16, 2016, finalized the engagement of a new accounting firm that will immediately take over the full accounting duties of the Company. This new firm located in New York State has extensive US SEC accounting experience.  Management welcomes the new addition to the Bravo team. The Company’s PCAOB auditing firm, Scrudato & Co., PA-Certified Public Accounting Firm, has not changed.

El Salvador- Central America:

The gaming license operational openings in municipalities in the capital city of San Salvador, El Salvador will be delayed due to current circumstances out of the Company’s control. The parties that were to fund and open the two locations have decided to hold off on the location openings. Bravo’s management has worked with the El Salvadoran associates for the past year to plan this new business venture and hope to have the licenses put to work, shortly.

Equipment Sales:

BRVO sales division for gaming equipment reports that Q4 is moving well within anticipated projections.  Management looks forward to furthering future sales growth going into, and throughout 2017.

OTCQB Status:

The Company has had many inquiries regarding the Company’s OTCQB status due to the late filing and the sub-penny share price. The OTCQB status will be maintained and immediately regained as soon as the filings are up- to- date.  As for the share price, the Company has six months to regain a level of one cent (0.01) to maintain the OTCQB status.

Market Stock Selling/buying:

Recently, the Company is aware of certain large shareholders (non-affiliates) that have informed the Company that they have chosen to divest in Bravo at this time to take advantage of year-end tax planning, as well as, to move on to alternate investments. This trading activity resulted in more than 15 million shares being put onto the open market, recently.  Before this occurring, the last couple of weeks the Company feels that significant short selling pressure started in mid-September, adding to the share price declines. The Company has no control over free-trading share sales.

Core Business Focus:

BRVO continues its positive efforts to increase revenues and intends to grow the core gaming equipment business throughout next year and bring forth a strong balance sheet for 2017.  Q4 2016 should report positive sales growth. Additionally, the company has made arrangements to enhance its equipment sales operation, by opening an independent Bravo sales office in the New Year.   Regardless of the current share price, the core business is growing, and BRVO anticipates extensive growth throughout 2017.

About Bravo Multinational Incorporated:

Bravo Multinational Incorporated (OTCQB: BRVO) is a diversified Company, with its main focus on the development and expansion of the Casino Gaming Equipment holdings and Gaming related business activities throughout Central and South America. Bravo’s growth strategy, driven by partnerships, acquisitions, and new ventures should result in financially viable and profitable corporate divisions.

Bravo Multinational Incorporated cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, vagaries of trade, market competition and other risks detailed herein and from time to time in the U.S. Securities and Exchange Commission filings of the Company.