Am i missing something? They claimed they collected their first income on June 1st (in a PR) and there is nothing reported in a quarter that ended at June 30th?!?! From the PR...
On June 1, Bravo received its first income from this new business venture, with additional income payments to be received on the first of each month.
Did they BS us in a Press Release AGAIN?!
The OS is 371,300,924 now (per the proxy filing) and during the quarter they issued the rest of the Preferred shares, so now that class of shares are maxed... Each Preferred share converts 10 for 1 and there are 5,000,000 issued.. In my view, the only reason they issued the rest is because they expect a TON more dilution and they need the super voting rights to maintain control, which are 100 votes per share.
$237 cash is not going to get them far, mass amount of share will be required to support this mess.
On May 6, we issued 500,000 restricted shares of our Series A Preferred Stock to Paul Parliament in exchange for past services rendered to Bravo valued at $50,000
On May 6, we issued 500,000 restricted shares of our Series A Preferred Stock to Douglas Brooks in exchange for past services rendered to Bravo valued at $50,000
On May 6, we issued 500,000 restricted shares of our Series A Preferred Stock to Martin Wolfe in exchange for past services rendered to Bravo valued at $50,000
On May 6, we issued 500,000 restricted shares of our series A Preferred Stock to Richard Kaiser in exchange for past serviced rendered to Bravo valued at $50,000
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