Bravo Brands Inc (fka BRVO)

[mcmike]

HOLD ALL BETS.... 8K and 13D filed

BRVO to remain independent and CCE still seeking MDA and to receive wts. to build a 10% stake.....30million shares via wts.
CCE no longer seeking a controlling interest in company

The 9 institutional investors are identified: Alapha Capital AG, AMRO Int'l., Ellis Int'l., Longview Equity Fund, Longview Fund, Longview Int'l Equity Fund, Mid-Am Capital, Osher Capital, and Whalehaven Capital Fund

Should be wild and wooly trading tomorrow

8K
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000910647%2D05%2D000251%2Etxt&FilePath....

13D/A
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000804055%2D05%2D000172%2Etxt&FilePath....

We will soon, I suspect, find out how many registered shares from the filing SB2/A of July 26 were sold already versus pledged to CCE.

The institutional holders have covenants preventing them from more than 10% ownership, so they may be forced, if the option agreement is terminated, to do some "liquifying".

OTOH, it is a big relief to me that BRVO can grow without fear of a "takeunder". More to follow soon....