SOURCE: Bravo Multinational Incorporated

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October 03, 2016 08:28 ET

Bravo Multinational (BRVO) Reports on International Business and AGM

TORONTO, ON--(Marketwired - October 03, 2016) - Bravo Multinational Incorporated (OTCQB: BRVO) reports on international business and the results of the 2016 annual general shareholders meeting- AGM.

International Business

Central America- Bravo engaged GameTouch, LLC to coordinate the retail sales segment of Bravo's gaming machines located in Central America. Sales for the 100 day period ending August 31, 2016 from the GameTouch sales team generated $371,000 USD for Bravo in total contracted sales revenue. Information about Bravo's gaming machine purchase opportunities can be found at www.gametouchllc.com. RedChip Companies, Inc., an internationally acclaimed investor relations firm, known for its robust global retail investor base, will be assisting in the enhancement of market awareness for BRVO's sales programs.

Paul Parliament, Bravo President, stated, "We are very pleased with these short-term results from the GameTouch sales team, and Bravo's management anticipates that with the initiation of ongoing wide scale marketing and promotions, an increased number of sales should be able to be achieved. BRVO estimates that the Company may reach a PROJECTED machine sales target of $3,500,000 for 2017 of which Bravo can retain $1,900,000 in cash, after sales and equipment costs. The Company's eventual goal is to establish this program through out Central and South American, potentially resulting in the sale and placement of several thousand gaming machines. We feel this market is vastly under serviced and intend to fill this business void."

Annual General Meeting

Bravo Multinational Incorporated reports the results of the AGM held on September 29, 2016, with the common stock final "share vote" at 214,699,401 shares, which is 57% of the total outstanding common shares. 96% of these voted shares ratified in favour of all five proxy proposals. As a result, the director positions for the next term will be held by Douglas Brooks, Richard Kaiser, and Paul Parliament.

Further, Paul Parliament, states, "on behalf of the confirmed directors, we would like to thank the voting shareholders for their confidence. We are looking forward to the immediate implementation of an aggressive business growth strategy with resulting gross income elevation, representative of the solid business acquisitions and ventures that we have been negotiating over the past months."

About Bravo Multinational Incorporated:

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

For further information about Bravo Multinational Incorporated, please contact, Michael Sullivan, RedChip Companies, Inc., 407-644-4256 ext.115, Michael@redchip.com, www.redchip.com and 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.

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Contact Information

  • Contact:
    Michael Sullivan
    RedChip Companies, Inc.,
    407-644-4256 ext.115,
    Email contact