Bravo Multinational Inc. Files Q3 2024 10-Q

TL;DR

Bravo Multinational Inc. filed its Q3 2024 10-Q. Check financials.

AI Summary

Bravo Multinational Inc. filed its 10-Q for the period ending September 30, 2024. The company, previously known as GoldLand Holdings Corp., is incorporated in Wyoming and operates in the amusement and recreation sector. Its principal business 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 third quarter of 2024.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags.

Key Numbers

• 20240930 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
• 20241118 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)

Key Players & Entities

• Bravo Multinational Inc. (company) — Filer
• GoldLand Holdings Corp. (company) — Former company name
• Virginia Beach, VA (location) — Business address
• 20240930 (date) — Reporting period end date

FAQ

Key Financial Figures

• $0.0001 — Exchange Act: Common stock, par value $0.0001 per share (Title of class) Indicate
• $0.0001 B — ch registered Common stock Par Value $0.0001 BRVO NONE State the number of shares
• $35,800 — ptember 30, 2024, the Company wrote off $35,800 of customer deposits that were on the b
• $5,000 — romissory Note. On October 29, 2024, a $5,000 deposit and on November 12, 2024, a $15
• $15,000 — 000 deposit and on November 12, 2024, a $15,000 deposit were made into the Company's ba

Filing Documents

• brvo0930202410q.htm (10-Q) — 364KB
• ex311.htm (EX-31.1) — 8KB
• ex312.htm (EX-31.2) — 8KB
• ex321.htm (EX-32.1) — 2KB
• ex322.htm (EX-32.2) — 2KB
• 0001091818-24-000139.txt ( ) — 2014KB
• brvo-20240930.xsd (EX-101.SCH) — 19KB
• brvo-20240930_cal.xml (EX-101.CAL) — 26KB
• brvo-20240930_lab.xml (EX-101.LAB) — 177KB
• brvo-20240930_def.xml (EX-101.DEF) — 40KB
• brvo-20240930_pre.xml (EX-101.PRE) — 135KB
• brvo0930202410q_htm.xml (XML) — 150KB

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 15 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 September 30, 2024 INDEX TO FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets at September 30, 2024- Unaudited and December 31, 2023-Audited 3 Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2024 and 2023 - Unaudited 4 Condensed Consolidated Statements of Cash Flows for the Three and Nine Months Ended September 30, 2024 and 2023 - Unaudited 5 Condensed Consolidated Statements of Stockholders' Equity for the Three and Nine Months Ended September 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 September 30, December 31, 2024 2023 ASSETS Current Assets Cash and Cash Equivalents $ 1,387 $ 1,180 Total Current Assets 1,387 1,180 Total Assets $ 1,387 $ 1,180 LIABILITIES AND STOCKHOLDERS' DEFICIT Liabilities Accounts Payable and Accrued Expenses $ 85,843 $ 12,453 Customer Deposits - 35,800 Due to Related Parties 276,623 154,280 Accrued Board of Directors Fees 338,500 207,250 Total Liabilities 700,966 409,783 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 ( 96,078,741 ) ( 95,787,765 ) Total Stockholders' Deficit ( 699,579 ) ( 408,603 ) Total Liabilities and Stockholders' Deficit $ 1,387 $ 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 Nine Months Ended September 30, September 30, September 30, September 30, 2024

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 September 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

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, for

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View this 10-Q filing on SEC EDGAR