Bravo Multinational Inc. Files Q1 2024 10-Q
Ticker: BRVO · Form: 10-Q · Filed: May 20, 2024 · CIK: 1444839
| Field | Detail |
|---|---|
| Company | Bravo Multinational INC. (BRVO) |
| Form Type | 10-Q |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001, $0.0001 B, $35,800 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, amusement-recreation
TL;DR
Bravo Multinational Inc. (BRVO) filed its Q1 2024 10-Q. Check financials.
AI Summary
Bravo Multinational Inc. filed its 10-Q for the period ending March 31, 2024. The company, formerly known as GoldLand Holdings Corp. and GoldCorp Holdings Corp., is incorporated in Wyoming and operates in the amusement and recreation services sector. Its business and mailing address is in Virginia Beach, VA.
Why It Matters
This filing provides investors with the latest financial performance and operational details for Bravo Multinational Inc. during the first quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly filing with no immediate red flags or significant new information presented.
Key Players & Entities
- Bravo Multinational Inc. (company) — Filer of the 10-Q
- GoldLand Holdings Corp. (company) — Former company name
- GoldCorp Holdings Corp. (company) — Former company name
- 20240331 (date) — Conformed period of report
- 20240520 (date) — Filed as of date
- 757-306-6090 (phone_number) — Business phone number
FAQ
What is Bravo Multinational Inc.'s primary business sector?
Bravo Multinational Inc. operates in the SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION sector, with SIC code 7990.
When was the period of report for this 10-Q filing?
The conformed period of report for this 10-Q filing was March 31, 2024.
What is Bravo Multinational Inc.'s state of incorporation?
Bravo Multinational Inc. is incorporated in Wyoming (WY).
What is the company's business address?
The business address is 2020 GENERAL BOOTH BLVD UNIT 230, VIRGINIA BEACH, VA 23454.
Has Bravo Multinational Inc. had previous company names?
Yes, the company was formerly known as GoldLand Holdings Corp. and GoldCorp Holdings Corp.
Filing Stats: 4,643 words · 19 min read · ~15 pages · Grade level 14.2 · Accepted 2024-05-20 15:03:12
Key Financial Figures
- $0.0001 — Exchange Act: Common stock, par value $0.0001 per share (Title of class) -i- Ind
- $0.0001 B — ch registered Common stock Par Value $0.0001 BRVO NONE State the number of shares o
- $35,800 — come from customer deposit write off of $35,800 is included in the three months ended s
Filing Documents
- brvo0331202410q.htm (10-Q) — 246KB
- ex1001.htm (EX-10.01) — 0KB
- ex31-1.htm (EX-31.1) — 8KB
- ex31-2.htm (EX-31.2) — 8KB
- ex32-1.htm (EX-32.1) — 2KB
- ex32-2.htm (EX-32.2) — 2KB
- ex1001001.jpg (GRAPHIC) — 468KB
- 0001091818-24-000074.txt ( ) — 2186KB
- brvo-20240331.xsd (EX-101.SCH) — 16KB
- brvo-20240331_cal.xml (EX-101.CAL) — 22KB
- brvo-20240331_lab.xml (EX-101.LAB) — 117KB
- brvo-20240331_pre.xml (EX-101.PRE) — 90KB
- brvo-20240331_def.xml (EX-101.DEF) — 31KB
- brvo0331202410q_htm.xml (XML) — 99KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 17 Item 4.
Controls and Procedures
Controls and Procedures 17 PART II Item 1.
Legal Proceedings
Legal Proceedings 19 Item 1A.
Risk Factors
Risk Factors 19 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 19 Item 3. Defaults Upon Senior Securities 19 Item 4. Mining Safety Disclosures 19 Item 5. Other Information 19 Item 6. Exhibits 20
Signatures
Signatures 20 -1-
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS BRAVO MULTINATIONAL INCORPORATED FINANCIAL REPORTS AT March 31, 2024 INDEX TO FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets at March 31, 2024 (Unaudited) and December 31, 2023 (Audited) 3 Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2024 and 2023 - Unaudited 4 Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2024 and 2023 - Unaudited 5 Condensed Consolidated Statements of Stockholders' Equity for the Three Months Ended March 31, 2024 and 2023 - Unaudited 6 Notes to the Condensed Consolidated Unaudited Financial Statements 7-11 -2- Bravo Multinational Incorporated CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED March 31, December 31, 2024 2023 ASSETS Current Assets Cash and Cash Equivalents $ 482 $ 1,180 Total Current Assets 482 1,180 Total Assets $ 482 $ 1,180 LIABILITIES AND STOCKHOLDERS' DEFICIT Liabilities Accounts Payable and Accrued Expenses $ 58,535 $ 12,453 Customer Deposits - 35,800 Due to Related Parties 237,268 154,280 Accrued Board of Directors Fees 251,000 207,250 Total Liabilities 546,803 409,783 Commitments and Contingencies (Note 9) Stockholders' Deficit Common Stock - $ 0.0001 Par; 1,000,000,000 Shares Authorized, 47,641,010 Issued and Outstanding 4,763 4,763 Additional Paid-In-Capital 95,374,399 95,374,399 Accumulated Deficit ( 95,925,483 ) ( 95,787,765 ) Total Stockholders' Deficit ( 546,321 ) ( 408,603 ) Total Liabilities and Stockholders' Deficit $ 482 $ 1,180 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. -3- Bravo Multinational Incorporated CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED For the Three Months Ended March 31, 2024 2023 Expenses General and Administrative $ 29,608 $ 1,376 Professional Fees 100,159 23,336 Board of Directo
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following information should be read in conjunction with our unaudited financial statements and related notes thereto included in Part I, Item 1, above. We also urge you to review and consider our disclosures describing various risks that may affect our business, which are set forth under the heading "Risk Factors," below.
Forward Looking Statements
Forward Looking Statements Certain matters discussed herein are forward-looking statements. Such
forward-looking statements contained in this Form 10-Q involve risks and uncertainties, including statements as to
forward-looking statements contained in this Form 10-Q involve risks and uncertainties, including statements as to: our future strategic plans our future operating results; our business prospects; our contractual arrangements and relationships with third parties; the dependence of our future success on the general economy; our possible future financing the adequacy of our cash resources and working capital;. and From time to time, we or our representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but not limited to, press releases, oral statements made with the approval of an authorized executive officer or in various filings made by us with the Securities and Exchange Commission. Words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project or projected", or similar expressions are intended to identify "forward-looking statements". Such statements are qualified in their entirety by reference to and are accompanied by the above discussion of certain important factors that could cause actual results to differ materially from such forward-looking statements. The risks identified here are not all inclusive. New risk factors emerge from time to time and it is not possible for management to predict all of such risk factors, nor can it assess the impact of all such risk factors on the company's business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The financial information set forth in the following discussion should be read with the financial statements of Bravo Multinational, Inc. included elsewhere herein. Company Overview We were originally formed as Montrose Ventures, Inc. in the State of Delaware on