Bravo Brands Inc (fka BRVO)

[starfire]

but there is no guarantee that CCE will cash in on the warrants and hence the cash in flow is not a guarantee in the modified alternative. Prior alternative guaranteed BRVO $14.5M, but of course with a 50.01% ownership of BRVO by CCE!

The modified alternative appears to be better. Clarity will emerge on the CC. I suspect, the reason for modification is that they wanted to start on the action without further delay (of SEC scrutiny) and also BRVO started sensing that it is better BRVO remains in control as long as CCE has the MDA. Most probably it will be a non-exclusive MDA. Got to keep CCE on the ropes!