Toronto, Canada (August 24, 2016) – Bravo Multinational Incorporated (OTCQB: BRVO) provides current activity update.
Bravo Multinational Incorporated announces its 2016 Annual Shareholders Meeting to be held on September 29, 2016, 11 A.M. ET in Toronto, Canada. All shareholders of record as of August 1, 2016, shall receive their official USSEC required proxy materials and “Notice of Meeting.”
The Company’s recent 10-Q was filed mistakenly with errors which are being reviewed and corrected. A Form 10-Q/A will be refilled shortly.
The intended legal action against Silver Falcon Mining, Inc. (SFMI.OTCPINK) will not move forward. Bravo, through its investigation of SFMI’s apparent asset structure and liabilities, determined that there is no current economic viability for Bravo to recover the debt’s owed to them by SFMI.
Bravo is making headway on its court actions to have improperly and illegally issued shares cancelled with court approved restraining orders. This is a costly and time-consuming task, but the Company’s management team is committed to seeing each action through to the end in the interest of returning these shares back to Company’s stock treasury, protecting shareholder value.
Bravo’s Casino business activities in Nicaragua are advancing, and a more detailed operational report will be released in an upcoming press release.
RedChip Companies, Inc. is preparing to launch their initial program for Bravo and management is looking forward to the effect of their professional work.
Finally, all other planned business activities are moving forward with plans on closing additional business ventures in the very near future.
About Bravo Multinational Incorporated:
Bravo Multinational Incorporated (OTCQB:BRVO) is a diversified Company, with casino equipment holdings in Central and South America as well as gold / silver mining properties and claims in North America. Bravo’s growth strategy, driven by partnerships, acquisitions, and new ventures should result in financially viable and profitable corporate divisions www.bravomultinational.com.
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.