Colorado Springs, CO, Jan. 08, 2019– Doyen Elements International, Inc., a burgeoning network of vertically integrated cannabis businesses, announces its rebranding and renaming itself to Covalent Collective, Inc. (“Covalent Collective” or the “Company”). In addition, the Company announced Bill Gregorak as Chief Executive Officer, effective immediately. Prior to being named CEO, Mr. Gregorak served as Chief Financial Officer of Covalent Collective since February 2018. Mr. Gregorak takes over as CEO from Geoffrey Thompson, a co-founder of Covalent Collective, who will continue as leader of merger and acquisitions.
“The cannabis industry is evolving even more rapidly than any of the experts expected, and Covalent Collective’s value proposition differentiates us in a crowded marketplace. Over the coming weeks, months and years, the vision we have will yield tremendous shareholder value, and position us for exponential growth,” said Mr. Thompson. “We are confident that the rebrand and name change to Covalent Collective effectively aligns with our core mission of building out a vertically integrated network of unique cannabis enterprises. It also allows us to capitalize on this rapidly expanding market by providing a means to greatly enhance and accelerate our partners’ growth potential. As we continue to grow Covalent Collective, we will focus our efforts on both organic growth and strategic acquisitions.”
In his role, Mr. Gregorak will direct all business units and strategy for Covalent Collective. Mr. Gregorak will also oversee the execution of the Company’s rebranding and acquisition strategy of plant-touching enterprises that grow, process and sell cannabis products.
“As a seasoned executive, Bill Gregorak brings to bear more than two decades of public company experience. Coupled with his broad background in managing relationships with customers, partners and investors, Bill has the right combination of skills and experience to lead our company and senior management team,” added, Mr. Thompson. “Throughout the search process, Bill’s unique skill set stood out as the best candidate for the CEO position and we are thrilled to have him lead us into our next level of growth and expansion.”
Prior to joining Covalent Collective, Mr. Gregorak served as CFO for publicly traded companies on both the NASDAQ and the OTC markets including Two Rivers Water and Farming, a company that builds and leases greenhouses optimized for marijuana cultivation and also specializes in the development of water resources for municipal, commercial and agricultural usage in Southwest Colorado. Mr. Gregorak also spent nearly 20 years with tech giant Hewlett-Packard in various financial and operational capacities.
“Before taking Covalent Collective to the next level, we needed to develop a more sophisticated brand, one that better reflects our mission,” said Mr. Gregorak. “As we take this next step, our goal is to provide tremendous value to our partners, investors and potential shareholders. In order to achieve this, we are confident that a diversified, innovative collective of vertically integrated cannabis enterprises will allow us to optimize efficiency across the entire cannabis ecosystem.”
About Covalent Collective:
Covalent Collective, Inc. is a British Columbia, Canada company founded in 2014 and headquartered in Colorado Springs, CO. The Company is building a diverse network of vertically integrated cannabis-centric enterprises that span the entirety of the legal cannabis and hemp industries. With a vision to build the largest grow capacity in the U.S., Covalent Collective’s mission is to create stronger bonds throughout the greater cannabis community through the execution of a strategic acquisition and joint venture strategy that is strategically positioned to support eventual federal legalization in the United States. For more information, please visit https://covalentcannabis.com.
Media Contacts:
Nick Opich / Cynthia Salarizadeh
KCSA Strategic Communications
(212) 896-1206 / (856) 425-6160
Investor Relations:
Rich Kaiser
YES INTERNATIONAL
757-306-6090
ir@covalentcollective.co
yes@yesinternational.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward- looking information” within the meaning of Canadian securities laws, or collectively, forward-looking statements. Forward-looking statements in this press release may be identified by the use of words such as “may”, “would”, “could”, “will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook” and other similar expressions, including statements with respect to the Company’s rebranding and acquisition strategies. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment and future approvals and permits. Actual results, performance or achievements could differ materially from those expressed in, or implied by, any forward-looking statements in this press release, and readers should not place undue reliance on any such forward-looking statements since they are not guarantees of future results. The Company does not undertake and specifically declines any obligation to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.
ELEMENT GLOBAL, INC. (ELGL) TO MOVE CORPORATE OFFICES TO SOUTHERN CALIFORNIA
/in Element Global, Inc., Press Releases, Uncategorized /by Yes InternationalELEMENT GLOBAL, INC. (ELGL) TO MOVE CORPORATE OFFICES TO SOUTHERN CALIFORNIA
Virginia Beach, VA- June 6, 2019- Element Global, Inc. (ELGL: OTC) announces that it will move its corporate office from Virginia Beach, Virginia to Southern California, USA.
Management believes that its office move will better serve the interest of the Company’s operations with the intended move to California.
After reviewing several locations in Southern California, management expects to make a final decision with an announcement to follow on the new address.
As more information becomes available, the Company plans to update accordingly.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, at 757-306-6090, yes@yesinternational.com and www.yesinternational.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
ELEMENT GLOBAL, INC.’S (ELGL) CURRENT BOARD OF DIRECTORS MEET TO ADD BOARD AND OFFICER POSITIONS
/in Element Global, Inc., Press Releases /by Yes InternationalVirginia Beach, VA – June 5, 2019- Element Global, Inc. (ELGL: OTC) announces that its board of directors will meet the afternoon of June 6, 2019. The board will evaluate the credentials of several individual candidates for the possible board of directors and executive officer positions at the Company.
The “Exploratory Committee” will be attending this board meeting, providing their inputs and recommendations on the purposed candidates.
The Board expects to fill empty board seats and announce new executive officer positions.
Upon successful completion selection process of the candidates, and their acceptance into these corporate positions, the Company will then provide names and their business backgrounds at a time in the future.
Adding experts in their relevant fields remains an essential step in growing a Company to realize its full potential as a corporate entity.
Management continues on its fiduciary path with a primary objective of creating shareholder value.
As more information becomes available, the Company plans to update accordingly.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, at 757-306-6090 and yes@yesinternational.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
ELEMENT GLOBAL, INC. (ELGL) FORMS EXPLORATORY COMMITTEE
/in Element Global, Inc., Press Releases /by Yes InternationalVirginia Beach, VA- June 4, 2019- Element Global, Inc. (ELGL:OTC) announces that its Board of Directors and its management team formed a committee to explore numerous acquisition targets.
The Exploratory Committee’s (Committee) objectives are to look at the best possible outcome on potential acquisitions as it relates to being accretive to ELGL’s operational growth.
Using financial matrix and other available financial forecasting and methodologies, the Committee, in turn, determines the best possible outcome using such statistical information.
Upon completion of each reviewed potential acquisition, the Committee’s report(s), when presented to ELGL’s board, should provide information and other statistical evaluations to determine the feasibility of each potential purchase.
Management continues on its fiduciary path with a primary objective of creating shareholder value.
As more information becomes available, the Company plans to update accordingly.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, at 757-306-6090 and yes@yesinternational.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Doyen Elements International Rebrands to Covalent Collective and Appoints Bill Gregorak as Chief Executive Officer
/in Uncategorized /by Yes InternationalColorado Springs, CO, Jan. 08, 2019– Doyen Elements International, Inc., a burgeoning network of vertically integrated cannabis businesses, announces its rebranding and renaming itself to Covalent Collective, Inc. (“Covalent Collective” or the “Company”). In addition, the Company announced Bill Gregorak as Chief Executive Officer, effective immediately. Prior to being named CEO, Mr. Gregorak served as Chief Financial Officer of Covalent Collective since February 2018. Mr. Gregorak takes over as CEO from Geoffrey Thompson, a co-founder of Covalent Collective, who will continue as leader of merger and acquisitions.
“The cannabis industry is evolving even more rapidly than any of the experts expected, and Covalent Collective’s value proposition differentiates us in a crowded marketplace. Over the coming weeks, months and years, the vision we have will yield tremendous shareholder value, and position us for exponential growth,” said Mr. Thompson. “We are confident that the rebrand and name change to Covalent Collective effectively aligns with our core mission of building out a vertically integrated network of unique cannabis enterprises. It also allows us to capitalize on this rapidly expanding market by providing a means to greatly enhance and accelerate our partners’ growth potential. As we continue to grow Covalent Collective, we will focus our efforts on both organic growth and strategic acquisitions.”
In his role, Mr. Gregorak will direct all business units and strategy for Covalent Collective. Mr. Gregorak will also oversee the execution of the Company’s rebranding and acquisition strategy of plant-touching enterprises that grow, process and sell cannabis products.
“As a seasoned executive, Bill Gregorak brings to bear more than two decades of public company experience. Coupled with his broad background in managing relationships with customers, partners and investors, Bill has the right combination of skills and experience to lead our company and senior management team,” added, Mr. Thompson. “Throughout the search process, Bill’s unique skill set stood out as the best candidate for the CEO position and we are thrilled to have him lead us into our next level of growth and expansion.”
Prior to joining Covalent Collective, Mr. Gregorak served as CFO for publicly traded companies on both the NASDAQ and the OTC markets including Two Rivers Water and Farming, a company that builds and leases greenhouses optimized for marijuana cultivation and also specializes in the development of water resources for municipal, commercial and agricultural usage in Southwest Colorado. Mr. Gregorak also spent nearly 20 years with tech giant Hewlett-Packard in various financial and operational capacities.
“Before taking Covalent Collective to the next level, we needed to develop a more sophisticated brand, one that better reflects our mission,” said Mr. Gregorak. “As we take this next step, our goal is to provide tremendous value to our partners, investors and potential shareholders. In order to achieve this, we are confident that a diversified, innovative collective of vertically integrated cannabis enterprises will allow us to optimize efficiency across the entire cannabis ecosystem.”
About Covalent Collective:
Covalent Collective, Inc. is a British Columbia, Canada company founded in 2014 and headquartered in Colorado Springs, CO. The Company is building a diverse network of vertically integrated cannabis-centric enterprises that span the entirety of the legal cannabis and hemp industries. With a vision to build the largest grow capacity in the U.S., Covalent Collective’s mission is to create stronger bonds throughout the greater cannabis community through the execution of a strategic acquisition and joint venture strategy that is strategically positioned to support eventual federal legalization in the United States. For more information, please visit https://covalentcannabis.com.
Media Contacts:
Nick Opich / Cynthia Salarizadeh
KCSA Strategic Communications
(212) 896-1206 / (856) 425-6160
Investor Relations:
Rich Kaiser
YES INTERNATIONAL
757-306-6090
ir@covalentcollective.co
yes@yesinternational.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward- looking information” within the meaning of Canadian securities laws, or collectively, forward-looking statements. Forward-looking statements in this press release may be identified by the use of words such as “may”, “would”, “could”, “will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook” and other similar expressions, including statements with respect to the Company’s rebranding and acquisition strategies. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment and future approvals and permits. Actual results, performance or achievements could differ materially from those expressed in, or implied by, any forward-looking statements in this press release, and readers should not place undue reliance on any such forward-looking statements since they are not guarantees of future results. The Company does not undertake and specifically declines any obligation to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.
BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH) BECOMES FULLY REPORTING PER US SEC 1934 ACT RULES
/in BioForce NanoSciences Holdings, Inc, Press Releases /by Yes InternationalVirginia Beach, VA- BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH: OTCMARKETS) announces that the US SEC regulators approved the Company’s FORM 10 registration under the 1934 Exchange Act (“Act”).
As of August 1, 2018 the Company is fully transparent and filing reports within the rules/regulations required of the 1934 Act.
The US SEC approval of the Company under the “Act” shows, under federal rules/regulations, that BFNH meets the necessary statutes per financial auditing and disclosures standards. Being a “34 Act” entity allows the Company certain benefits which were not attainable otherwise. As such, brokerage houses, national stock exchanges, and other financial institutions require publicly traded entities to be a “34 Act reporting” issuer for trading and listing requirements. Shareholders who own 144 restricted shares can now register their holdings as “free-trade” after a 6-month holding time verses that of 1-year for non-reporting status.
The Company’s shareholders can be assured that the arduous process and cost of becoming fully-reporting was an important fiduciary responsibility of BFNH’s board and management team.
Management believes in a productive future ahead, and being a fully-reporting entity now allows BFNH to negotiate future acquisitions with reasonable terms. BFNH’s management team continues to aggressively look at a number of unique businesses operations with acquisition intentions.
For further information about this release, contact YES INTERNATIONAL, Investor Relations, 757-306-6090, yes@yesinternational.com and www.yesinternational.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competitions.
Bravo Multinational Incorporated (BRVO) Reports On Project Reviews Including Move Into MJ Sector
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, Canada- August 29, 2017- Bravo Multinational Incorporated (BRVO:OTCQB) announces its current review of a potential new “Casino Gaming” operation venture and review of diversified business opportunities in the legalized marijuana (MJ) sector in Canada.
BRVO began an extensive review of a large pending commercial “Marijuana Grow“ operation with related real estate holdings for a possible joint-venture investment, located in Central Ontario, Canada. The licensing process for this venture is currently pending Health Canada’s government approvals. Upon approval, the business intends to operate both indoor hydroponic, and outdoor natural grow operations.
The Company has entered discussions for a potential partnership opportunity into a new “Medical Marijuana Assessment” business with an existing medical marijuana (MMJ) sector assessment program professional. The business intent would be the opening of 4-6 medical marijuana assessment clinics in the greater Metro Toronto area for “fee for service” cliental. Upon government approval, the intended future addition of “Dispensary License” permits may be applied to each clinic providing on location direct MMJ sales.
In the gaming sector, the Company is reviewing potential new “Casino Gaming” locations in an affluent community in a Pacific Coast City of Nicaragua. Bravo intends on opening a large stand alone “Casino Slot Palace.“ Through Bravo’s existing “Casino and Gaming License” connections and equipment inventory, the Company anticipates a smooth approval and set-up process. Research indicates that there is only one gaming operation currently set-up in this large community, servicing both the tourist and local markets.
A recent press release announced an “Asset Purchase Closing,” completed on August 16, 2017. The Company reports the completion of the “placement” all 300 gaming machines, now resulting in immediate revenue generation for the Company.
In addition to the herein mentioned “Under Review” potential projects, the Company’s management continues to explore and assess several other future business opportunities that would be beneficial to both BRVO’s asset valuations and revenue generation.
About Bravo Multinational Incorporated:
Bravo Multinational Incorporated (OTCQB:BRVO) is a diversified company with the main focus being on the growth of our casino gaming equipment holdings. Currently, Bravo’s gaming equipment assets 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 (BRVO) Closes Transaction on 300 Casino Gaming Machines and Uplists Trading onto OTCQB
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, Canada- August 21, 2017- Bravo Multinational Incorporated (OTCQB:BRVO) completed an asset purchase on August 16, 2017, for 300 slot and video poker machines, providing an immediate new revenue stream for Bravo. The contract valued at $3,618,000, with the Company anticipating an approximate 30% annual return on these assets in Latin America based on historical income data in similar locations.
Effective August 18, 2017, the Company upgraded its shares to the QB trading platform on OTCMARKETS.COM (OTCQB.BRVO). The OTCQB trading platform allows the Company to obtain greater market exposure as it initiates its next steps and advances the growth of the business.
Diligently, BRVO works on additional advancements of new business ventures to enhance the Company’s asset portfolio with potential projects in both North America and Central America. Stay tuned for the next report(s).
About Bravo Multinational Incorporated:
Bravo Multinational Incorporated (OTCQB:BRVO), a diversified Company, with its main focus being on the growth of its casino gaming equipment holdings currently has gaming equipment assets 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 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 Reports $1,251,500 in Revenue on Quarterly Report Ended June 30, 2017, OTCQB Application Filed
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, Canada- August 2, 2017- Bravo Multinational Incorporated (OTCPINK: BRVO) filed its second quarter ending June 30, 2017, FORM 10-Q with the US SEC. For the three months ended June 30, 2017, the Company recorded $578,500 in revenue, and for the six months ending June 30, 2017, BRVO recorded $1,251,500 in revenue. Revenues remain solid over three consistent quarters, as the Company’s management works toward profitable quarters, coupled with increased asset base and reduced liabilities.
On July 28, 2017, BRVO filed an up-listing application for the OTC Markets to bring the Company shares to a QB trading status. The completed OTCQB process expected within 10-days time.
Management has completed its review of the business opportunity reported in its June 26, 2017, press release. A prepared contract agreement is expected to be signed sometime during the first full week of August 2017, and closing to occur shortly after that. Once closed, the acquired 300 gaming machines provide an immediate new revenue stream for Bravo. Historical “Gross Net Win” revenues from similar equipment are approximate $420 per month per machine (“Gross Net Win” – defined as revenue after prizes have been paid out, and before payment of management fees, licensing fees, and income tax ). The news will follow at the close of the agreement.
About Bravo Multinational Incorporated:
Bravo Multinational Incorporated (OTCPINK: BRVO) is a diversified company with the main focus being on the growth of our casino gaming equipment holdings. Currently, Bravo’s gaming equipment assets are 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, 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 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 (BRVO) Files its March 31, 2017, Quarterly Report, Preferred ‘A’ Shares Cancelled
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, 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”
/in Bravo Multinational Incorporated, Press Releases /by Yes InternationalToronto, 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.