Bravo Multinational Inc. Files Q2 2024 10-Q

TL;DR

Bravo Multinational Inc. dropped its Q2 10-Q, check financials for 2024 vs 2023.

AI Summary

Bravo Multinational Inc. filed its 10-Q for the period ending June 30, 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. The filing covers financial data for the second quarter and the first half of 2024, comparing it to the same periods in 2023 and year-end 2023 figures.

Why It Matters

This filing provides investors with a quarterly update on Bravo Multinational Inc.'s financial performance and position, crucial for understanding the company's operational health and future prospects.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new disclosures.

Key Numbers

• 20240630 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
• 20240819 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Bravo Multinational Inc. (company) — Filer of the 10-Q
• GoldLand Holdings Corp. (company) — Former name of the filer
• GoldCorp Holdings Corp. (company) — Former name of the filer
• June 30, 2024 (date) — End of the reporting period
• 20240819 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — Exchange Act: Common stock, par value $0.0001 per share (Title of class) Indicate
• $0.0001 B — ich 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 six months ended sta

Filing Documents

• brvo0630202410q.htm (10-Q) — 303KB
• ex311.htm (EX-31.1) — 8KB
• ex312.htm (EX-31.2) — 8KB
• ex321.htm (EX-32.1) — 2KB
• ex322.htm (EX-32.2) — 2KB
• 0001091818-24-000100.txt ( ) — 1656KB
• brvo-20240630.xsd (EX-101.SCH) — 17KB
• brvo-20240630_cal.xml (EX-101.CAL) — 23KB
• brvo-20240630_def.xml (EX-101.DEF) — 31KB
• brvo-20240630_lab.xml (EX-101.LAB) — 121KB
• brvo-20240630_pre.xml (EX-101.PRE) — 92KB
• brvo0630202410q_htm.xml (XML) — 122KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 10 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 13 Item 4.

Controls and Procedures

Controls and Procedures 13 PART II Item 1.

Legal Proceedings

Legal Proceedings 14 Item 1A.

Risk Factors

Risk Factors 14 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 14 Item 3. Defaults Upon Senior Securities 14 Item 4. Mining Safety Disclosures 14 Item 5. Other Information 14 Item 6. Exhibits 15

Signatures

Signatures 15 -1-

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS BRAVO MULTINATIONAL INCORPORATED FINANCIAL REPORTS AT June 30, 2024 INDEX TO FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets at June 30, 2024- Unaudited and December 31, 2023-Audited 3 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2024 and 2023 - Unaudited 4 Condensed Consolidated Statements of Cash Flows for the Three and Six Months Ended June 30, 2024 and 2023 - Unaudited 5 Condensed Consolidated Statements of Stockholders' Equity for the Three and Six Months Ended June 30, 2024 and 2023– Unaudited 6 Notes to the Condensed Consolidated Unaudited Financial Statements 7-9 -2- Bravo Multinational Incorporated CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED June 30, December 31, 2024 2023 ASSETS Current Assets Cash and Cash Equivalents $ 177 $ 1,180 Total Current Assets 177 1,180 Total Assets $ 177 $ 1,180 LIABILITIES AND STOCKHOLDERS' DEFICIT Liabilities Accounts Payable and Accrued Expenses $ 85,439 $ 12,453 Customer Deposits - 35,800 Due to Related Parties 258,058 154,280 Accrued Board of Directors Fees 294,750 207,250 Total Liabilities 638,247 409,783 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 ( 96,017,232 ) ( 95,787,765 ) Total Stockholders' Deficit ( 638,070 ) ( 408,603 ) Total Liabilities and Stockholders' Deficit $ 177 $ 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 Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 Expenses General and Administrative $ 15

Business

Business Bravo Multinational Corporation (the "Company," "we" or "us") was originally formed as Montrose Ventures, Inc. in the State of Delaware on May 25, 1989. On April 23, 1996, the Company's name was changed to Java Group, Inc., and on September 1, 2004 the name was changed to Consolidated General Corp. On August 7, 2007, the Company's name was changed to GoldCorp Holdings Co. On October 15, 2010, our name was changed to GoldLand Holdings Co. On April 6, 2016, we changed our corporate name to Bravo Multinational Incorporated. On March 22, 2016, the board of directors of the company, pursuant to Section 242 of the Delaware General Corporation Law, determined it was in the best interests of the company that the name of the company should be changed to Bravo Multinational Incorporated, with such change of name to be effective upon compliance with all regulatory requirements mandated by FINRA. Further, as a result of the change of the company's name and upon satisfaction of all regulatory requirements, the trading symbol for the shares of the company's common stock should be changed to "BRVO," and the company's CUSIP identifier be changed to a newly issued number. FINRA granted its approval of the change of the company's name on April 6, 2016. As a result of the change of name of the company, the company's trading symbol was changed to "BRVO" and the CUSIP identifier was changed to 10568F109. On August 3, 2020, the Board of Directors agreed in changing the Company's incorporation from Delaware to Wyoming. On September 25, 2020, the Company merged into its wholly owned subsidiary Bravo Multinational (Wyoming) to achieve the change in state incorporation. On July 20, 2023 the Company formed a wholly-owned subsidiary; Global Merchandising Inc., a Nevada Corporation. This company has had no activity through June 30, 2024. The Company filed a Form 8-K with the SEC on April 7, 2016, announcing the change of name, trading symbol, and CUSIP identifier. The Company owned

MANAGEMENT'S DISCUSSION AND ANALYSIS OF

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 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 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. C

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