Quarterly Report for Quarter Ending March 31, 2026 (Form 10-Q)

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following information should be read in conjunction with our unaudited financial statements and related notes thereto included in Part I, Item 1, above. We also urge you to review and consider our disclosures describing various risks that may affect our business, which are set forth under the heading "Risk Factors," below.

Forward Looking Statements

Certain matters discussed herein are forward-looking statements. Such forward-looking statements contained in this Form 10-Q involve risks and uncertainties, including statements as to:

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our future strategic plans

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our future operating results;

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our business prospects;

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our contractual arrangements and relationships with third parties;

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the dependence of our future success on the general economy;

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our possible future financing

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the adequacy of our cash resources and working capital;. and

From time to time, we or our representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but not limited to, press releases, oral statements made with the approval of an authorized executive officer or in various filings made by us with the Securities and Exchange Commission. Words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project or projected", or similar expressions are intended to identify "forward-looking statements". Such statements are qualified in their entirety by reference to and are accompanied by the above discussion of certain important factors that could cause actual results to differ materially from such forward-looking statements.

The risks identified here are not all inclusive. New risk factors emerge from time to time and it is not possible for management to predict all of such risk factors, nor can it assess the impact of all such risk factors on the company's business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results.

The financial information set forth in the following discussion should be read with the financial statements of Bravo Multinational, Inc. included elsewhere herein.

Company Overview

We were originally formed as Montrose Ventures, Inc. in the State of Delaware on May 25, 1989. On April 23, 1996, our name was changed to Java Group, Inc., which tried and failed to start a chain of coffee bars. On September 1, 2004, our name was changed to Consolidated General Corp., and under that name the company attempted to buy tier 2 and 3 professional sports teams, including the Vancouver Ravens lacrosse team and the "San Diego Soccers" soccer team. On August 7, 2007, our name was changed to Goldcorp Holdings Co. On October 15, 2010, our name was changed to GoldLand Holdings Co.

On March 22, 2016, the board of directors of the Registrant, pursuant to Section 242 of the Delaware General Corporation Law, determined it was in the best interest of the Registrant that the name of the Registrant should be changed to Bravo Multinational Incorporated, to reflect its new business, which is the purchase and leasing of gaming equipment. The change of name was effective upon compliance with all regulatory requirements mandated by FINRA. Further, as a result of the change of the Registrants name the trading symbol for the shares of the Registrant's common stock has been changed to "BRVO." Registrant's CUSIP identifier has been changed to 10568F109.

The Registrant filed a Form 8-K with the SEC on April 7, 2016, announcing the change of name, trading symbol, and CUSIP identifier.

On January 16, 2017, The Board of Directors of the Company unanimously approved an amendment to the Company's Articles of Incorporation in order to effect a plan of recapitalization that provides for a one-for-three hundred (1-for-300) reverse stock split of our common stock. Pursuant to written resolutions, the shareholders of the Company voted to approve the proposal to authorize the reverse split. The reverse stock split took effect, after filing a Certificate of Amendment to the Articles of Incorporation with the Secretary of State of the State of Delaware. The amended Articles of Incorporation increased the authorized shares to 1,050,000,000, consisting of 1,000,000,000 shares of common stock and 50,000,000 shares of preferred stock. The common and preferred shares will have a par value of $0.0001 per share. The preferred shares are blank check preferred. Registrant's CUSIP identifier has been changed to 10568F208.

On October 4, 2019 the Company amended its Articles of Incorporation to designate 10,000,000 shares of its "blank check " preferred stock as Series 'A' Preferred Stock, which left 40,000,000 "blank check" authorized but unissued. The Preferred Series 'A' had a par value of $0.0001 per share, and entitled holders to receive one hundred (100) time the dividends per share of common stock, 100:1 stock voting rights, 100:1 liquidation rights and conversion ratio of 1:100 to common stock. Currently, there are no Series 'A' Preferred shares outstanding.

On October 09, 2020, The Company moved it state of incorporation from the State of Delaware to the State of Wyoming. After the move to Wyoming, authorized capital of Bravo Multinational Incorporated consists of an unlimited number of shares of Common Stock, par value $0.0001 per share, an unlimited number of shares of Preferred Stock, $0.0001 par value per share and an unlimited number of shares of Series Preferred 'A' stock at a par value of $0.0001, which has the same characteristics as described above. The reincorporation did not affect total stockholder equity or total capitalization of the Company (See Exhibit 3.1).

There was a change in control on July 03, 2023. Since that time, the management team at Bravo Multinational, Inc. (OTC: BRVO) has pursued business ventures in the entertainment, hospitality, and technology sectors. The Company's goal is to create long-term value for its shareholders from high-growth business opportunities, although that goal may not be realized.

Former Business

We are no longer engaged in the business of leasing and selling gaming equipment. We, ceased operations in Nicaragua in 2017 due to political and economic instabilities.

Management throughout the period 2018 to 2023 evaluated other possible gaming related operations with the expectation of finding an economically viable operation. No viable gaming businesses became apparent, and management pursued other industry alternatives.

We currently own 76.63 acres of land within seven patented mining claims with a 29.167% ownership interest. We may look to expand on our mining claim holdings in the future. Currently, the carrying value on such patented claims was fully impaired due to lack of economic viability of such properties.

However, it should be noted that we were not at any time a mining operator. As described above, the Company owns mining claims, but none of those claims are leased to a third party. Since the mining operations of our lessee no longer have any relevance to our business of the leasing and selling of gaming equipment, we will only include financial information relating to revenues, expenses, and results of operations and other relevant information with respect to the former mining activities of the lessee of our mining properties. For a complete discussion of the mining activities on our mining claims conducted by other parties, please see our previous Form 10-Ks, 10-Qs, and 8-Ks filed with the SEC.

Company's Business

The Company plans to offer a wide range of on-demand content, including movies, series, concerts and original programming, at minimal or no cost to viewers. Once the service becomes available it can be accessible across various devices, with dedicated apps available on platforms such as Roku, Apple and Google Play stores.

Our plan is to create a streaming service that could offer a portion of its content for free, catering to the growing demographic of cord-cutters and aligning with the dynamic landscape of advertising-based video on demand (AVOD) streaming. It is expected that Bravo's Over-The-Top (OTT) streaming platform could be specifically crafted to deliver content directly to viewers via the internet, accessible through a browser or freely downloadable apps on smartphones, tablets and smart TVs.

A report from Fortune Business Insights, a global market research and reporting firm, estimated the global video streaming market at $455.45 billion in 2022. It is projected to grow from $554.33 billion in 2023 to $1.9 trillion by 2030, achieving a CAGR of 19.3% during the forecast period. Growth drivers, according to the report, include a rising number of users of Video-on-Demand services (YouTube, for example) worldwide and the growing adoption of OTT content providers (like Netflix and Hulu, among many others) by consumers, as well as consumers' willingness to spend more for streaming video content.

Transfer Agent

Our transfer agent is Transfer Online, Inc. whose address is 512 SE Salmon Street, Portland, Oregon 97214, and telephone number (503) 227-2950.

Company Contact Information

Our principal executive offices are located at 2020 General Booth Blvd., Unit 230, Virginia Beach, VA 23454, telephone (757) 306-6090. The information to be contained in our Internet website, www.bravomultinational.com, shall not constitute part of this report.

Current Directors

The following persons are the Company's Directors:

Name		Age		Position(s)
Grant Cramer		63		CEO and Director
Richard Kaiser		61		CFO and Director
Kayla Slick		36		COO and Director
Steven Marshall (1)		55		Director
Jordan Fiksenbaum(1)		55		Director

(2)

Effective February 19, 2026, the Board of Directors appointed Steven Marshall and Jordan Fiksenbaum as Directors of the Company after Frank Hagan, Jr. and Josh Vance resigned.

BIOGRAPHY

GRANT CRAMER

Mr. Cramer is the Chief Executive Officer and a Director of the Company. Mr. Cramer has over three decades of experience in the entertainment business, and he has worked as an actor, writer, producer and production executive. Mr. Cramer founded Landafar Entertainment in Los Angeles, California in 2016 and Global Pictures Media in Ocala, Florida in 2015. As part of his work with those companies, he has developed and produced 14 feature films, including End Of Watch, Escape Plan, and 2 Guns. Mr. Cramer was also the executive producer of Lone Survivor, November Man, and Arctic Dogs. Mr. Cramer also produced And So It Goes, which was directed by Rob Reiner and starred Michael Douglas and Diane Keaton. His 30-minute short film Say Goodnight, Michael won several awards, including the Grand Jury Award at the New York International Independent Film Festival. Mr. Cramer attended the University of California Los Angeles from 1979 to 1981.

RICHARD KAISER

Richard Kaiser since 2018 is the Company's Director, Acting CFO, Corporate Secretary and Corporate Governance Officer. He has served as an officer and Co-Owner of Yes International since July, 1991. Yes International is a full-service EDGAR conversion filing agent, investor relations and venture capital firm located in Virginia Beach, Virginia. Mr. Kaiser has a Bachelor of Arts degree in International Economics from Oakland University (formerly known as Michigan State University-Honors College.) From July 1, 2013 to the present, Mr. Kaiser has also served as a director, secretary and interim CFO of BioForce NanoSciences Holdings, a public company, trades under symbol BFNH on OTC Markets and is Nevada Corporation with its headquarters located in Virginia Beach, Virginia. BioForce NanoSciences Holdings, Inc. is in the business private labeling vitamins and nutritional supplements. In August 2022, Mr. Kaiser became a Director and Chief Financial Officer of Gold Rock Holdings, Inc., located in Virginia Beach, VA. Gold Rock Holdings is a Nevada Corporation which trades under the symbol GRHI on OTC Markets. Gold Rock Holdings, Inc. is a Web3 technology platform entity. The Board reviewed Mr. Kaiser's background and considered him qualified for his position due to his educational background and his experience with SEC filings and public companies.

KAYLA SLICK

Mrs. Slick ia the Chief Operating Officer and a Director of the Company. Mrs. Slick has 15 years of experience in operations management, business development, strategic and digital marketing, and public relations. Mrs. Slick worked at The Platt Group and INSIDE Public Accounting from 2009 to 2016. Mrs. Slick co-founded and produced The PRIME Symposium in 2011, an annual conference, built around the best practices of IPA's Best of the Best firms. From 2013 to 2015, Mrs. Slick worked at Tricor Automotive Group as Administrator, organizing annual global events for shareholders. In 2016 to 2022, she worked for Interactive Digital Solutions, Inc. where she developed the Sales Development Program and was later promoted to Marketing Communications Director for their MedSitter, LLC division. Mrs. Slick attended Purdue University from August 2006 to December 2010 and she received a Bachelor of Science degree in Financial Counseling & Planning and Organizational Leadership & Supervision. She is currently pursuing her Master of Science degree in Communications at Purdue University.

STEVEN MARSHALL

Steven Marshall is a Director of the Company. Mr. Marshall is an accomplished executive with over 30 years of experience in both privately held and public companies. He serves as Managing Director at Sancus Group, a consulting company specializing in improvement of under performing companies for domestic and global clients. From 2000 to 2021, he served as Chief Executive Officer of several privately-held companies, including Altiras Holdings, Chasm Industries and Market2Market. Earlier in his career, he served in several senior management positions at GE HealthCare Technologies Inc., playing a key role in developing and leading various service businesses. Mr. Marshall earned a Bachelor of Science degree in Electrical Engineering from The Ohio State University and completed a postgraduate program at the Gestalt Institute in psychology and organizational dynamics. He is currently a board member at Chemaris Investments, an asset management company specializing in chemical manufacturing investments.

JORDAN FIKSENBAUM

Jordan Fiksenbaum is a Director of the Company. He is a seasoned professional with over 35 years of experience in fostering the financial and organic growth of both established entities and start-ups. Throughout his illustrious career, he has spearheaded strategic campaigns that have generated over $5.5 billion in revenue and sold 55 million admission tickets. Within the live entertainment industry, Jordan has held influential senior leadership roles at prestigious organizations such as Lighthouse Immersive, Fubo, Cirque du Soleil, and the Kimmel Center in Philadelphia. In each capacity, Jordan has demonstrated an unwavering commitment to excellence and innovation, leaving a lasting impact on the organizations under his purview. Jordan's expertise extends beyond traditional management roles to encompass event programming and producing. His creative flair and keen understanding of audience dynamics have led to the creation of unforgettable and commercially successful live experiences. Known for his adeptness in sales and marketing, Mr. Fiksenbaum has not only devised effective campaigns but has also cultivated a culture of innovation within his teams. His ability to identify and capitalize on market trends has been instrumental in establishing a competitive edge for the organizations he has served. Jordan's key strengths lie in his ability to analyze, refine, and coordinate multidisciplinary properties. His leadership style emphasizes collaboration and partnership cultivation, fostering an environment where diverse talents come together to achieve extraordinary results. Jordan Fiksenbaum strategic vision has not only elevated organizations but has also established industry benchmarks. His influence is evident in numerous partnerships and a lasting impact on the cultural landscape of entertainment. Continuously pushing boundaries in live entertainment, strategic marketing, and business leadership, Jordan inspires the next generation to make a lasting impact in this dynamic industry.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Overall Operating Results:

Three Months - March 31, 2026 and 2025 Statements

Revenues for Company for the three months ended March 31, 2026 and 2025 were $-0- and $-0-. The Company's had $-0- sales for the three months ending March 31, 2026 and 2025 from its business ventures in the entertainment, hospitality, and technology sectors.

Cost of sales for the three months ended March 31, 2026 was $-0- and for the three months ended March 31, 2025 was $-0-. The Company had no sales during each of the three months ended March 31, 2026 and 2025.

Gross profit for the three months ended March 31, 2026 was $-0- and for the three months ended March 31, 2025 was $-0-.

Total Operating expenses for three months ended March 31, 2026 was $157,763 compared to $71,019 for the three months ended March 31, 2025. The increase during the three months ending March 31, 2026 was attributed to increases in General and Administrative expenses and Board of Director fees compared to the three months ending March 31, 2025.

Net Loss:

Net loss for the three months ended March 31, 2026 and 2025 were $129,175 and $71,019, respectively. The increase during the three months ending March 31, 2026 was due to increases in operational expenses.

Liquidity and Capital Resources:

As of March 31, 2026, the Company's assets totaled $26,015, which consisted of cash. Our total liabilities were $1,210,813. As of March 31, 2026, the Company had an accumulated deficit of $96,563,824 and a working capital deficit of $1,184,762.

For the Quarter ended March 31, 2026, net cash provided in operations of $24,190 was the result of a net loss of $129,175, from an increase in Accounts Payables and Accrued Expenses of $6,715, an increase in accrued Board of Director and Officer Compensation of $146,650.

For the Quarter ended March 31, 2025, net cash used in operations of $25,093 was the result of a net loss of $71,019, from an increase in Accounts Payables and Accrued Expenses of $2,176, an increase in accrued Board of Director and Officer Compensation of $43,750.

As indicated herein, we need capital for the implementation of our new business plan in the entertainment, hospitality, and technology sectors, and we will need additional capital for continuing our operations. We do not have sufficient revenues to pay our operating expenses at this time. Unless the Company is able to raise working capital, it is likely that the Company will either have to cease operations or substantially change its methods of operations or change its business plan.

Cash Provided by (Used in) Operating Activities

Net cash provided by operating activities for the three months ended March 31, 2026 was $24,190 and for the three months ended March 31, 2025 net cash used in operationg activities was $25,093, respectively.

Cash Flows from Investing Activities

Net cash used in investing activities was $-0- and -0- for the three months ended March 31, 2026 and 2025.

Cash from Financing Activities

Net cash provided by financing activities for the three months ended March 31, 2026 was $1,750 and for the three months ended March 31, 2025 was $29,000.

Critical Accounting Policies

Our consolidated financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States. Preparing financial statements requires management to make estimates and assumptions that impact the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. Critical accounting policies include revenue recognition and impairment of long-lived assets.

New Accounting Pronouncements

Bravo Multinational, Inc. does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company, or any of its subsidiaries' operating results, financial position, or cash flow.

Accounting Principals

Our consolidated financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States. Preparing financial statements requires management to make estimates and assumptions that impact the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. Critical accounting policies include revenue recognition and impairment of long-lived assets.

Revenue Recognition

In accordance with ASC Topic 606, Revenue from Contracts with Customers ("ASC 606"), revenues are recognized when control of the promised goods or services is transferred to our clients, in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods and services. To achieve this core principle, we apply the following five steps: (1) Identify the contract with a client; (2) Identify the performance obligations in the contract; (3) Determine the transaction price; (4) Allocate the transaction price to performance obligations in the contract; and (5) Recognize revenues when or as the company satisfies a performance obligation.

We adopted this ASU on January 1, 2018. Although the new revenue standard is expected to have an immaterial impact, if any, on our ongoing net income, we did implement changes to our processes related to revenue recognition and the control activities within them.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Going Concern

We have incurred net losses since our inception. We anticipate incurring additional losses before realizing growth in revenue and we will depend on additional financing in order to meet our continuing obligations and ultimately to attain profitability. Our ability to obtain additional financing, whether through the issuance of additional equity or through the assumption of debt, is uncertain. Accordingly, our independent auditors' report on our financial statements for the year ended December 31, 2024 includes an explanatory paragraph regarding concerns about our ability to continue as a going concern, including additional information contained in the notes to our financial statements describing the circumstances leading to this disclosure. The financial statements do not include any adjustments that might result from the uncertainty about our ability to continue our business.