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 associatesfor 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. TheOTCQB statuswill 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.
Toronto, Canada – November 14, 2016- Bravo Multinational Incorporated (OTCQB: BRVO) reports a drastic reduction of the Corporation’s issued and outstanding common shares.
BRVO OUTSTANDING SHARES REDUCED By 133.6 MILLION SHARES
Bravo Multinational Incorporated reduced its issued and outstanding common shares by over 133.6 MILLION SHARES. Now, the issued and outstanding common shares stand at just over 257 million. This reduction occurred through shares being returned to treasury through a variety of actions, including:
– Shares returned due to contract cancellations and court action;
– Shares returned from employment compensation issuances;
– Return of capital investment stock issuances; and
– Subsidiary shares return of Bravo Gaming Corporation.
Of the approximately 257 million remaining shares outstanding, over 94 million shares issued outside of legal protocols, remain under Company “Administrative Stop” (“Hold”); potentially resulting in additional share cancellations in future court proceedings.
The Company continues to work diligently on improving its Corporate structure while growing a profitable business and enhancing shareholder value.
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 some factors. These include, 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.
Toronto, Canada- October 19, 2016 – Bravo Multinational, Inc. (OTCQB: BRVO) (the “Company”), is scheduled to present at RedChip’s “Global Online Growth Conference” on Thursday, October 20, 2016, at 3:00 pm Eastern time.
The RedChip “Global Online Growth Conference” presentation can be viewed at www.RedChip.com (no registration is required for viewing). Bravo Management will present a full overview of current operations in Central and South America while talking further on the Company’s current income generation and future income projections. A live Q&A session will follow the investor presentation.
RedChip’s “Global Online Growth Conference” brings together investors and executives of microcap companies, representing a broad spectrum of industries and sectors, including oil & gas, technology, mining, healthcare, consumer goods, energy, and more. More than 10,000 investors attend RedChip’s microcap conference series each year.
Central America
Bravo management plans a business trip and scheduled attendance at several business meetings in Central America. The purpose is to meet with leading local business associates to plan for the enhancement and growth of Bravo’s current business ventures, as well as, assess additional opportunities to grow the BRVO’s holdings. Management will also be inspecting two preselected proposed locations for “Gaming Operations” in San Salvador, El Salvador which is to be operated under Bravo’s “Gaming License – Operational Rights.” Lastly, a meeting will be scheduled with the president of the National Football Federation (soccer) in El Salvador to discuss a mutually beneficial business venture with Bravo. Management remains confident that this trip can extend its plans on business advancements throughout its operational base in Latin America.
Business Operations
Currently, BRVO is primarily engaged in Casino Gaming equipment and gaming related activities in three Latin American countries, Nicaragua, Columbia and El Salvador. Bravo has purchased $2.3US Million dollars in Casino gaming equipment in San Andres, Columbia, which is to be leased to an established gaming operator. The Company has contracted to purchase 500 Casino gaming machines so far 150 have been placed and managed under a “National Gaming License” in Nicaragua. Recently, BRVO purchased the “Operational Rights” to two “Gaming and Betting Licenses” for two separate municipalities in San Salvador, El Salvador.
In addition to these operations, the Company intends to rapidly expand further ventures in all three of these countries which are all very welcoming to foreign investment expansion. Management’s primary focus is in the expansion and growth of its casino gaming, betting and gaming equipment interests, so as to rapidly increase its income base and enhance shareholder values.
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.
https://yesinternational.com/wp-content/uploads/2014/05/heaer-logo.png00Yes Internationalhttps://yesinternational.com/wp-content/uploads/2014/05/heaer-logo.pngYes International2016-10-19 12:30:082016-10-26 11:41:12Bravo Multinational Incorporated (BRVO) Presents at RedChip’s “Global Online Growth Conference”; BRVO Management Plans Central American Business Trip
Bravo Multinational Incorporated (BRVO) – Update
/in Bravo Multinational Incorporated /by Yes InternationalToronto, 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.
BRAVO MULTINATIONAL, INC. (BRVO) REDUCES OUTSTANDING STOCK
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, Canada – November 14, 2016- Bravo Multinational Incorporated (OTCQB: BRVO) reports a drastic reduction of the Corporation’s issued and outstanding common shares.
BRVO OUTSTANDING SHARES REDUCED By 133.6 MILLION SHARES
Bravo Multinational Incorporated reduced its issued and outstanding common shares by over 133.6 MILLION SHARES. Now, the issued and outstanding common shares stand at just over 257 million. This reduction occurred through shares being returned to treasury through a variety of actions, including:
– Shares returned due to contract cancellations and court action;
– Shares returned from employment compensation issuances;
– Return of capital investment stock issuances; and
– Subsidiary shares return of Bravo Gaming Corporation.
Of the approximately 257 million remaining shares outstanding, over 94 million shares issued outside of legal protocols, remain under Company “Administrative Stop” (“Hold”); potentially resulting in additional share cancellations in future court proceedings.
The Company continues to work diligently on improving its Corporate structure while growing a profitable business and enhancing shareholder value.
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 some factors. These include, 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) Presents at RedChip’s “Global Online Growth Conference”; BRVO Management Plans Central American Business Trip
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, Canada- October 19, 2016 – Bravo Multinational, Inc. (OTCQB: BRVO) (the “Company”), is scheduled to present at RedChip’s “Global Online Growth Conference” on Thursday, October 20, 2016, at 3:00 pm Eastern time.
The RedChip “Global Online Growth Conference” presentation can be viewed at www.RedChip.com (no registration is required for viewing). Bravo Management will present a full overview of current operations in Central and South America while talking further on the Company’s current income generation and future income projections. A live Q&A session will follow the investor presentation.
RedChip’s “Global Online Growth Conference” brings together investors and executives of microcap companies, representing a broad spectrum of industries and sectors, including oil & gas, technology, mining, healthcare, consumer goods, energy, and more. More than 10,000 investors attend RedChip’s microcap conference series each year.
Central America
Bravo management plans a business trip and scheduled attendance at several business meetings in Central America. The purpose is to meet with leading local business associates to plan for the enhancement and growth of Bravo’s current business ventures, as well as, assess additional opportunities to grow the BRVO’s holdings. Management will also be inspecting two preselected proposed locations for “Gaming Operations” in San Salvador, El Salvador which is to be operated under Bravo’s “Gaming License – Operational Rights.” Lastly, a meeting will be scheduled with the president of the National Football Federation (soccer) in El Salvador to discuss a mutually beneficial business venture with Bravo. Management remains confident that this trip can extend its plans on business advancements throughout its operational base in Latin America.
Business Operations
Currently, BRVO is primarily engaged in Casino Gaming equipment and gaming related activities in three Latin American countries, Nicaragua, Columbia and El Salvador. Bravo has purchased $2.3US Million dollars in Casino gaming equipment in San Andres, Columbia, which is to be leased to an established gaming operator. The Company has contracted to purchase 500 Casino gaming machines so far 150 have been placed and managed under a “National Gaming License” in Nicaragua. Recently, BRVO purchased the “Operational Rights” to two “Gaming and Betting Licenses” for two separate municipalities in San Salvador, El Salvador.
In addition to these operations, the Company intends to rapidly expand further ventures in all three of these countries which are all very welcoming to foreign investment expansion. Management’s primary focus is in the expansion and growth of its casino gaming, betting and gaming equipment interests, so as to rapidly increase its income base and enhance shareholder values.
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.