Bravo Multinational, Inc
(OTCQB: BRVO)

FACT SHEET
August 2, 2016

Recent Price: $0.02

Market Data

Fiscal Year December
Industry Entertainment
Market Cap $7.17M
Price/Sales (ttm) N/A
Insider Ownership 49.5%
Shares Outstanding 371.3M
Equity Float 153.2M
Avg. Volume (3 mo.) 459,000
As of August 2, 2016

Income Statement Snapshot (TTM)

Net Loss ($1.8M)

Balance Sheet Snapshot (MRQ)

Total Assets $0.72M
Debt $0.0M

Bravo Multinational Incorporated (OTCQB: BRVO) is a casino equipment distributor and operator with business holdings and practices in Central and South America. Currently, Bravo has casino gaming business interests in three countries in Latin America -Nicaragua, El Salvador, and Columbia, and intends further expansion in all 3 countries. Bravo’s growth strategy, driven by partnerships, acquisitions, and new ventures, should result in a financially viable and profitable casino gaming business.

BRVO has the potential to generate significant sales over the next several years. The Company operates a casino gaming business in Nicaragua. As a travel destination, Nicaragua is regarded as the “next Costa Rica,” and the country’s tourism industry is expected to grow 8.8% annually over next decade. In terms of jobs, the tourism industry is expected to support 92,000 jobs directly and 280,000 jobs indirectly by the end of 2024. BRVO is selling slot machines and video poker machines which are being placed in hundreds of restaurants and bars throughout Nicaragua. All machines are to be operated and managed under a long-term country-wide national license valid until 2033. In addition to the Nicaragua gaming operations, BRVO actively seeks to secure licensing for betting house gambling in El Salvador. With current operations and anticipated expansions into multiple locations throughout Central America and South America, BRVO in 2017 expects to have robust casino gaming operations. Investors have this unique opportunity to be involved in a growing casino business, operating throughout an emerging and exciting tourist destination, Latin America.

  • BRVO generates revenue from casino gaming business venture in Nicaragua
    • BRVO purchased 150 of a total contracted 500 slot machine and video poker gaming machines from Centro De Entretenimiento y Diversion Mombacho S.A., located in Managua, Nicaragua

  • BRVO profits from the sale of purchased slot machines
    • The Company’s cost per machine is $4,500, and based on historical data, the retail value of each machine placed in the vendor location is approximate $7,000
    • Bravo hopes to reach $3.5 million in sales targets in 2017
    • The company also receives a 7.5% administration fee per month from each sold machine

  • The World Travel & Tourism Council (WTTC) predicts an 8.8% annual growth in tourist spending in Nicaragua over the next decade
    • The report indicates that the country’s GDP is expected to grow by 5.8% annually by 2024

  • BRVO Purchased $2.3 million worth of gaming equipment in San Andres, Columbia
    • The Company seeks to lease these existing gaming equipment assets to an established casino operator with an anticipated lease rate of approximately $40,000 US/month

  • The Company is negotiating to purchase the rights of two gaming licenses in El Salvador
    • The licenses are for betting house gaming in the capital city of San Salvador
    • Projected income to be approximate $20,000US/ month.

  • BRVO contracted Gametouch, LLC to manage its gaming machine sales.

  • Bravo Multinational, Inc.’s management has firmly positioned the Company within the high-growth casino gaming business throughout Latin America.


Company Website

Investor Contact Info:
RedChip Companies, Inc.
1017 Maitland Center Commons Blvd.
Maitland, FL 32751
(407) 644-4256
www.redchip.com

 Disclosure

 

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