Other OTC:BRVO
Bravo Multinational Announces Future Plans and Priorities
Unveils Plans to Launch an Ad-based Streaming Platform: TVee NOW
VIRGINIA BEACH, Wash., Sept. 01, 2023 (GLOBE NEWSWIRE) — Bravo Multinational, Inc. (OTC: BRVO) (“Bravo” or the “Company”), as part of its recently announced strategic rebranding and positioning under new ownership, is pleased to announce the Company’s plan to develop an advertising-based video streaming application, which it plans to call TVee NOW.
Grant Cramer, CEO, stated, “The future launch of TVee NOW holds immense significance within our business framework. As a fundamental part of our business, the platform is aimed to seamlessly unite every facet of our enterprise – spanning entertainment, media, hospitality, attractions, food and beverage, and beyond – through innovative marketing and distribution strategies.”
TVee NOW will be free for its viewers, with the intent to align with the constantly evolving landscape of the AVOD (Advertising-based On Demand) streaming entertainment industry. The Company’s OTT (Over-The-Top) streaming platform will be designed to deliver content directly to users via the internet either from a browser or a freely downloadable app on smartphones, tablets, and smart TVs powered by iOS or Android.
Bravo’s planned strategic approach for content is to first integrate partnered FAST (Free Ad-Supported TV) Channels, programmatic advertising, and a tiered revenue-sharing model. FAST Channels are also funded by advertising. If this model is completed, it will allow Bravo to bridge the gap until the Company can ultimately create its originally produced content.
The plans discussed above may change and there is no assurance that they will be realized. There are many risks associated with investing in the Company and these risks are more fully discussed in the Company’s filings with the US SEC, which we would encourage you to review at www.sec.gov.
To learn more about Bravo Multinational, please visit: https://bravomultinationalinc.com.
About Bravo Multinational, Inc.:
Bravo Multinational, Inc. (OTC: BRVO) is pursuing business ventures in the entertainment, hospitality, and technology sectors. The Company’s mission is to create long-term value for its shareholders from high-growth business opportunities.
Forward-Looking Statements:
The information in this press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding the Company’s future performance; business strategy; future operations; estimates and projections of revenues, losses, costs, expenses, returns, cash flow, and financial position; anticipated benefits of strategic transactions (including acquisitions and divestitures); and plans and objectives of management (including plans for future cash flow from operations) are forward-looking statements. These statements also include, but are not limited to, statements regarding: the expected benefits of the proposed future plans proposed. When used in this press release, the words “aim,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “model,” “outlook,” “plan,” “positioned,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions (including the negative of such terms) as they relate to the Company are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Although the Company believes that the expectations and assumptions reflected in its forward-looking statements are reasonable as and when made, they involve risks and uncertainties that are difficult to predict and, in many cases, are beyond the control of the Company. Accordingly, forward-looking statements are not guarantees of future performance and their actual outcomes could differ materially from what we have expressed in our forward-looking statements.
In light of these factors, the events anticipated by the Company’s forward-looking statements may not occur at the time anticipated or at all. Moreover, the Company operates in a very competitive and rapidly changing environment and new risks emerge from time to time. The Company cannot predict all risks, nor can it assess the impact of all factors in its businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements it may make. All forward-looking statements speak only as of the date of this press release or, if earlier, as of the date they were made. The Company disclaims any obligation to update or revise any forward-looking statements unless required by applicable law.
Contact:
Bravo Multinational, Inc.
[email protected]
757-306-6090
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/78a8a09b-f795-40f1-b5bf-795ce5f6a62f
Other OTC:BRVO
Bravo Multinational, Inc. Hires Richard Jones of Jones & Haley, P.C. as a Legal Advisor to Assist with Uplisting
VIRGINIA BEACH, Va., March 12, 2024 (GLOBE NEWSWIRE) — Bravo Multinational, Inc. (OTC: BRVO) announces it has retained Richard (“Rick”) Jones of Jones & Haley, P.C., a seasoned securities lawyer and former SEC Staffer, to assist the Company with its plan to uplisting onto a national stock exchange over the coming months. With decades of legal and financial expertise in guiding public companies, Jones holds the designation of DAD (Attorney Designated Advisor for Disclosure) for OTC Markets. Renowned in the public company deal flow arena, Jones has facilitated numerous companies in achieving their listing and uplisting objectives.
Grant Cramer, Chairman and CEO of Bravo Multinational, Inc., states, “We are excited to announce this important next step in our uplisting process. Rick will assist our corporate team with the expertise necessary for a successful transaction. In consultation with Rick and our other Board of Directors, we are evaluating the NYSE-American and Nasdaq Capital Markets as our two options for a potential uplisting. Our goal is to accomplish this milestone as soon as possible.”
About Bravo Multinational, Inc. (OTC: BRVO) ($BRVO):
Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) is actively exploring opportunities in the entertainment, hospitality, and technology sectors to generate long-term value for its shareholders through high-growth business ventures. Currently focused on pioneering innovative solutions in the digital content landscape, Bravo’s goal is to provide cutting-edge and diverse content experiences to a global audience – www.bravomultinationalinc.com/.
About Jones & Haley, P.C.:
Jones & Haley, P.C. is located in Atlanta, Georgia, and its attorneys have years of experience advising clients on securities issues as well as mergers and acquisitions, general corporate matters and exchange listing issues.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. The timing could be delayed or the uplisting may be unsuccessful for the potential uplisting described in today’s announcement.
Corporate Contact:
Bravo Multinational, Inc.
[email protected]
www.bravomultinationalinc.com
757-306-6090
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58c8cd17-ca8e-476d-a59f-a7d965d064d0
Bravo’s innovative platform, TVee NOW™, expecting to launch in Q1 2024, offers streaming services with a diverse range of linear and on-demand content including exclusive music and comedy performances
VIRGINIA BEACH, Va., Feb. 09, 2024 (GLOBE NEWSWIRE) — Bravo Multinational, Inc. (OTC: BRVO) ($Bravo) (“Bravo” or the “Company”) announces it has entered into an Asset Purchase Agreement (the “Agreement”) to acquire the assets of Streaming TVEE, Inc., thus solidifying its entry into the dynamic world of streaming.
“Fueling this transformative journey is a commitment to technical innovation, where state-of-the-art features and cutting-edge technology converge to create a seamless and immersive streaming experience. Viewers can expect a user-friendly interface, enhanced streaming quality, and innovative features that elevate the entertainment quotient,” says Grant Cramer (IMDb), CEO of Bravo.
This strategic move establishes the business foundation for its previously announced flagship offering, aptly named TVee NOW™ (the “Platform”), slated for Beta launch in Q1 2024, the new streaming service will be available directly to consumers via the web on any Connected TV (CTV), smartphone or tablet. The Company is actively launching TVee NOW™ applications, which will be available for download in the Roku Channel Store, Apple Store, and Google Play Store (formerly the Android Market).
TVee NOW™ intends to offer linear TV, often referred to as traditional broadcast TV, which encompasses cable and satellite networks through a joint venture with Pythia Experiences currently set to close at a later date. The Platform will also extend an array of on-demand content, including but not limited to, movies, series/shows, concerts, comedy specials, events, and more – all at no or low-cost to its viewers. TVee NOW™ also plans to supplement its own slate of original and exclusive content.
“We are thrilled to embark on this journey, and I’m particularly excited to collaborate with David McKillop (IMDb) (Bravo’s newest addition to the Bravo Advisory Board), as we dive into unique programming tailored to our various audiences. “Said Frank Hagan, President of Bravo.
A key highlight of the Agreement includes Streaming TVEE’s recent acquisition of MWP Entertainment Group’s (“MWPEG”) video property assets, which includes exclusive rights, image and likeness, label waivers, and exploitation rights for streaming of 117 high-definition music and comedy performances, each offering a director’s cut and multiple camera perspectives. Some music artists on the list include H.E.R., Jane’s Addiction, Snoop Dogg, and Moonalice; along with comedic performances from Bill Burr, Jim Gaffigan, Kristen Schaal, Rob Delaney, and more.
Michael Williams, owner of MWPEG, states, “This invaluable original footage will allow Bravo to recreate shows in diverse formats, which can showcase these concert films in a compelling full-feature format. While music is a significant genre planned to be available on TVee NOW™, it’s just one facet of the diverse entertainment experiences we aim to offer our streaming communities.”
The Agreement includes acquiring the license of OTT (Over-The-Top) streaming technology which is a hybrid model comprised of Advertising-based Video-on-Demand (AVOD), utilizing programmatic advertising through ad servers, and Subscription-based Video-on-Demand (SVOD), which the Company plans to offer at competitive rates compared to other services.
“This marks a pivotal moment for Bravo,” says COO of Bravo, Kayla Slick. “Having a robust technical foundation is paramount for us, with our goal of establishing multi-level monetization. It’s an exciting step towards building a sustainable and rewarding ecosystem for everyone involved.”
For more information, visit: www.BravoMultinationalInc.com, email: [email protected], and call 757-306-6090.
About Bravo Multinational, Inc. (OTC: BRVO) ($BRVO):
Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) is actively exploring opportunities in the entertainment, hospitality, and technology sectors with the goal of generating long-term value for its shareholders through high-growth business ventures. Currently focused on pioneering innovative solutions in the digital content landscape, Bravo’s goal is to provide cutting-edge and diverse content experiences to a global audience.
About Streaming TVEE, Inc.:
Streaming TVEE, Inc. stands at the forefront of licensed streaming technology, currently in Beta testing TVee NOW™ on www.tveenow.com and the Roku Channel Store. Beyond entertainment, Streaming TVEE is committed to social impact through strategic partnerships with philanthropic organizations, actively contributing to community development. The company envisions a world where entertainment transcends boundaries and enriches lives, striving to redefine the digital entertainment landscape while making a positive difference in society.
About MWP Entertainment Group:
MWP Entertainment Group, LLC (MWPEG) was co-founded by Michael Williams, an advanced music, production, marketing and technology leader. The company is a content-driven live, immersive, experiential event, digital rights management and content production company that utilizes the most advanced technologies in audio, visual effects, prime intelligence and displays to help create and launch the next evolution in immersive content experiences for audiences, live and mobile. MWPEG’s mission is to redefine the live entertainment experience through the use of state-of-the-art technology, shaped by the innovation and experience of a creative team dedicated to enhancing and protecting the integrity of the creative process, from concept to audience, and for the end-user experience.
Forward-Looking Statements:
Certain statements contained in this press release are forward-looking statements and are based on future expectations, plans, and prospects for Bravo’s business and operations and involve a number of risks and uncertainties. Bravo’s forward-looking statements in this release are made as of the date hereof and Bravo disclaims any duties to supplement, update or revise such statements on a going forward basis whether as a result of subsequent developments, change or expectations or otherwise. In connection with the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995, Bravo is identifying certain forward-looking information regarding, among other things, the Important factors that could cause further events or results to vary from those addressed in the forward-looking statements, including, without limitation, risks and uncertainties arising from the ability of Bravo to successfully manage the assets; uncertainties relating to the ability to realize the expected benefits of the business plan; unanticipated or unfavorable regulatory matters; general economic conditions in the industry in which the company operates, and other risk factors as discussed in other Bravo filings made from time to time with the United States Securities and Exchange Commission.
Contact:
Bravo Multinational, Inc.
[email protected]
757-306-6090
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4297836-61ea-40fa-8782-f9dadf62e5cd
Other OTC:BRVO
Bravo Multinational, Inc. (BRVO) Announces the Signing of a Letter of Intent to Acquire Streaming TVEE Assets to Launch TVee NOW™
VIRGINIA BEACH, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) — On December 20, 2023, Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) (“Bravo”) entered a Letter of Intent (the “LOI”) to acquire certain assets of Streaming TVEE, Inc. (“STV”). The purchase price for the assets is $9,760,000, consisting of a convertible promissory note in the amount of $7,760,000 and an assumption of $2,000,000 in STV debt. The promissory note is convertible into the common stock of BRVO based on the December 11, 2023, closing price of BRVO common stock as traded or the OTC Market (pink sheets), which is $0.15625. The LOI is subject to normal terms of an agreement of that nature.
This transaction, if consummated, will serve as a business foundation for the Company’s planned development of a streaming service called TVee NOW™. The assets to be acquired will provide BRVO with the technology and music library streaming rights to offer content such as linear TV, often referred to as traditional broadcast TV, as well as an array of on-demand content, including but not limited to, movies, series, shows, concerts, comedy specials, events and more – all at no cost to its viewers. The parties have agreed to continue to move forward with the transaction by the preparation of a definitive agreement upon the completion of customary due diligence procedures.
To learn more about Bravo Multinational, please visit: https://bravomultinationalinc.com.
About Streaming TVEE, Inc.
Streaming TVEE, Inc. is currently Beta testing TVee NOW on the Roku application. If successful, management hopes to provide a seamless blend of traditional broadcast TV and a vast on-demand library, including movies, series, concerts, and more. Beyond entertainment, Streaming TVEE is committed to social impact through strategic partnerships with philanthropic organizations, actively contributing to community development. The company envisions a world where entertainment transcends boundaries and enriches lives, striving to redefine the digital entertainment landscape while making a positive difference in society.
About Bravo Multinational, Inc. (OTC: BRVO) ($BRVO):
Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) is actively exploring opportunities in the entertainment, hospitality, and technology sectors to generate long-term value for its shareholders through high-growth business ventures. Currently focused on pioneering innovative solutions in the digital content landscape, Bravo’s goal is to provide cutting-edge and diverse content experiences to a global audience – https://bravomultinationalinc.com/
Forward-Looking Statements:
Certain statements contained in this press release are forward-looking statements and are based on future expectations, plans, and prospects for Bravo’s business and operations and involve a number of risks and uncertainties. Bravo’s forward-looking statements in this release are made as of the date hereof and Bravo disclaims any duties to supplement, update or revise such statements on a going forward basis whether as a result of subsequent developments, change or expectations or otherwise. In connection with the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995, Bravo is identifying certain forward-looking information regarding, among other things, the Important factors that could cause further events or results to vary from those addressed in the forward-looking statements, including, without limitation, risks and uncertainties arising from the ability of Bravo to successfully manage the assets; uncertainties relating to the ability to realize the expected benefits of the business plan; unanticipated or unfavorable regulatory matters; general economic conditions in the industry in which the company operates, and other risk factors as discussed in other Bravo filings made from time to time with the United States Securities and Exchange Commission.
Contact:
Bravo Multinational, Inc.
[email protected]
757-306-6090
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61408e76-0121-435a-8f4c-8f154b083c69
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