Bravo Multinational Inc (BRVO)

[User-65225]

If someone doesn't think the company knows where these shares are coming from they are naive... There are only so many block holders and for them to sell, they have to have the CEO sign off on the 144 restrictive legend being removed from the certificates before they get reissued a new cert which they can deposit into an account... on top of this, they have access to the NOBO lists, etc which shows them whos selling. They can get one each day if they want and watch it closely... They know EXACTLY who is selling and no doubt they know who the "third party" is because its only a handful of CLOSE people have the bulk of the shares issued... but they wont admit it because they know its frowned upon...

Stock Promoters are often paid for their services with purportedly unrestricted shares of the companies they promote, which they sell while developing investor interest in a company’s securities. Most often, when paid in securities, stock promoters receive securities issued by the promoted company or a third party shareholder possibly working in collusion with the promoted company. Stock promoters receive free trading shares through a variety of methods; however, those shares are rarely (if ever) in compliance with the securities laws. These bogus methods include the issuance of free trading shares based upon 504 exemptions, third party shareholder transfers, satisfaction of debt and convertible promissory notes.

https://www.hg.org/article.asp?id=24089