Bravo Multinational (BRVO) Generates $315,000 in Revenue
TORONTO, ON--(Marketwired - August 31, 2016) - Bravo Multinational Incorporated (OTCQB: BRVO) completed an acquisition transaction recently with Centro de Entretenimiento y Diversion Mombacho S.A., located in Managua, Nicaragua.
In the above-noted transaction, Bravo to date has purchased 150 of a total contracted 500 slot and video poker gaming machines. All machines are to be operated and managed under a long-term (the year 2033) country-wide National License in Nicaragua.
Bravo has subsequently engaged GameTouch, LLC to coordinate the retail sales segment of Bravo's gaming machines located in Nicaragua. Sales as of July 31, 2016, from the GameTouch sales team, generated $315,000US for Bravo in total contracted sales revenue (with no significant outside marketing). Information about Bravo's gaming machine purchase opportunities is atwww.gametouchllc.com.
Paul Parliament, Bravo President, stated, "We are very pleased with these short-term results from the GameTouch sale team, and Bravo's management anticipates that with the initiation of ongoing wide scale marketing and promotions, an increased number of sales should be able to be achieved. We estimate that we may reach a PROJECTED sales target of $3,500,000 for 2017. We anticipated finalizing these combined projects soon, and we feel confident that the Company can have a strong future for years to come."
With expanded exposure in mind, management acknowledges the importance of increasing the Companies shareholder base and enhancing public relations. Therefore, after reviewing some financial marketing firms throughout the USA and performing significant research and due diligence, Bravo management decided to hire RedChip Companies Inc., a well established national and internationally recognized investor relations and financial marketing firm (previously announced August 17, 2016).