Bravo Multinational Inc (BRVO): Uh oh. Less revenues expected in Q4. Goo...

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Re: njdevils950003 post# 13674

Tuesday, 11/21/2017 3:39:33 PM

Tuesday, November 21, 2017 3:39:33 PM

Uh oh. Less revenues expected in Q4. Good luck paying those loans back next month.

NOTE 12 - Subsequent Events
During September and October 2017 severe weather, hurricanes, rain and flooding occurred in Nicaragua where the company has its gaming machines operating in casinos. Lower tourism and local traffic due to these uncontrollable weather issues may have an effect on the company’s machine revenues in the fourth (4 th ) quarter of 2017. No equipment was
damaged during these storms. Management cannot measure the extent these weather occurances affected the local economy which may have a direct effect on the gaming industry in Nicaragua.

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