Bravo Multinational (BRVO) 10-K 17 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 10, 2020	Jun. 30, 2019
Document And Entity Information
Entity Registrant Name	Bravo Multinational Inc.
Entity Central Index Key	0001444839
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Incorporation State Code	DE
Entity File Number	000-53505
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 1,612,017
Entity Common Stock, Shares Outstanding		14,682,651
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	true

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and Cash Equivalents	$ 6,286	$ 50
Accounts Receivable (Net of Allowance of $42,312 and $42,312, respectively)
Note Receivable (Net of Allowance of $2,725 and $2,725, respectively)
Notes Receivable - Related Party (Net of Allowance of $418,000 and $418,000, respectively)
Prepaid Expenses	10,000	10,000
Total Current Assets	16,286	10,050
Property and Equipment - Net of Accumulated Depreciation		184
Total Assets	16,286	10,234
Liabilities
Accounts Payable and Accrued Expenses	99,408	109,946
Customer Deposits	35,800	35,800
Inventory Loan Payable - Related Party	4,500	4,500
Due to Related Parties	80,423	80,224
Notes Payable	9,490	9,490
Accrued Board of Directors Fees	266,000	266,000
Stock Payable - Related Parties	1,608,126	1,578,126
Total Liabilities	2,103,747	2,084,086
Commitments and Contingencies (Note 12)
Stockholders' Deficit
Common Stock - $0.0001 Par; 1,000,000,000 Shares Authorized, 8,929,057 and 8,779,057 Issued and Outstanding, Respectively	892	877
Preferred Stock
Additional Paid-In-Capital	27,430,354	27,263,993
Accumulated Deficit	(29,518,707)	(29,338,722)
Total Stockholders' Deficit	(2,087,461)	(2,073,852)
Total Liabilities and Stockholders' Deficit	16,286	10,234
Series A Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Allowance for Doubtful Accounts	$ 42,312	$ 42,312
Note Receivable - Net of Allowance	2,725	2,725
Notes Receivable - Related Party - Net of Allowance	$ 418,000	$ 418,000
Common stock, par value per share	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	8,929,057	8,779,057
Common stock, shares outstanding	8,929,057	8,779,057
Preferred stock, par value per share	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	40,000,000	40,000,000
Preferred stock, shares issued	0	0
Series A Preferred Stock [Member]
Preferred stock, par value per share	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Expenses
Depreciation	$ 184	$ 226
General and Administrative	23,599	19,620
Consulting Expense - Related Party	30,000
Professional Fees	124,452	7,586
Board of Directors Fees		408,500
Total Expenses	178,235	435,932
Loss from Operations	178,235	435,932
Other Expenses
Gain on Extinguishment of Debt		(747)
Interest Expense	1,750	920,256
Loss on Loan Conversion		45,000
Total Other Expenses	1,750	964,509
Loss Before Income Taxes	179,985	1,400,441
Income Taxes
Net Loss	$ 179,985	$ 1,400,441
Weighted Average Number of Common Shares - Basic and Diluted	8,847,276	7,594,308
Net Loss Per Common Shares - Basic and Diluted	$ (0.02)	$ (0.18)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN DEFECIT EQUITY - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Beginning Balance at Dec. 31, 2017	$ 380	$ 25,758,235	$ (27,938,281)	$ (2,179,666)
Beginning Balance, Shares at Dec. 31, 2017	3,812,390
Common Stock Issued to Pay Accrued Board of Directors Fees	$ 333	399,167		399,500
Common Stock Issued to Pay Accrued Board of Directors Fees, Shares	3,329,167
Common Stock Issued to Pay Note Payable	$ 45	89,955		90,000
Common Stock Issued to Pay Note Payable, shares	450,000
Common Stock Issued for Current Year Board of Directors Fees	$ 119	142,381		142,500
Common Stock Issued for Current Year Board of Directors Fees, shares	1,187,500
Capital Contributions - Directors		62,343		62,343
Beneficial Conversion Feature from Convertible Notes		811,912		811,912
Net Loss			(1,400,441)	(1,400,441)
Ending Balance at Dec. 31, 2018	$ 877	27,263,993	(29,338,722)	(2,073,852)
Ending Balance. Shares at Dec. 31, 2018	8,779,057
Cash Proceeds from Sale of Stock	$ 15	29,985		30,000
Cash Proceeds from Sale of Stock, Shares	150,000
Capital Contributions - Directors		136,376		136,376
Net Loss			(179,985)	(179,985)
Ending Balance at Dec. 31, 2019	$ 892	$ 27,430,354	$ (29,518,707)	$ (2,087,461)
Ending Balance. Shares at Dec. 31, 2019	8,929,057

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net Loss	$ (179,985)	$ (1,400,441)
Non-Cash Adjustments:
Gain on Extinguishment of Debt		(747)
Depreciation	184	226
Common Stock Issued for Current Year Board of Directors Fees		142,500
Loss on Loan Conversion		45,000
Interest Expense on Notes Payable		108,344
Interest Expense - Amortization of Debt Discount		811,912
Changes in Assets and Liabilities:
Prepaid Expenses		(10,000)
Accounts Payable and Accrued Expenses	(10,538)	(20,946)
Stock Payable - Related Parties	30,000
Accrued Board of Directors Fees		266,000
Net Cash Flows Used In Operating Activities	(160,339)	(58,152)
Cash Flows from Investing Activities
Cash Flows from Financing Activities
Cash Proceeds from Sale of Stock	30,000
Due to Related Parties, Net	199	15,295
Capital Contributions - Directors	136,376	42,843
Net Cash Flows Provided by Financing Activities	166,575	58,138
Net Change in Cash and Cash Equivalents	6,236	(14)
Cash and Cash Equivalents - Beginning of Year	50	64
Cash and Cash Equivalents - End of Year	6,286	50
Cash Paid During the Year for:
Interest
Income Taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common Stock Exchanged for Debt Conversion		45,000
Gifting of Loans Payable		125,000
Notes Payable Converted to Stock Payable		1,578,126
Beneficial Conversion Feature from Convertible Notes		$ 811,912

Organization & Description of B

Organization & Description of Business	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization & Description of Business	NOTE 1 – Organization & Description of Business Bravo Multinational Corporation (the “Company,” “we” or “us”) was originally formed as Montrose Ventures, Inc. in the State of Delaware on May 25, 1989. On April 23, 1996, the Company’s name was changed to Java Group, Inc., and on September 1, 2004 the name was changed to Consolidated General Corp. On August 7, 2007, the company’s name was changed to GoldCorp Holdings Co. On October 15, 2010, our name was changed to GoldLand Holdings Co. On April 6, 2016, we changed our corporate name to Bravo Multinational Incorporated. On March 22, 2016, the board of directors of the company, pursuant to Section 242 of the Delaware General Corporation Law, determined it was in the best interests of the company that the name of the company should be changed to Bravo Multinational Incorporated, with such change of name to be effective upon compliance with all regulatory requirements mandated by FINRA. Further, as a result of the change of the company’s name and upon satisfaction of all regulatory requirements, the trading symbol for the shares of the company’s common stock should be changed to “BRVO,” and the company’s CUSIP identifier be changed to a newly issued number. FINRA granted its approval of the change of the company’s name on April 6, 2016. As a result of the change of name of the company, the company’s trading symbol was changed to “BRVO” and the CUSIP identifier was changed to 10568F109. The Company filed a Form 8-K with the SEC on April 7, 2016, announcing the change of name, trading symbol, and CUSIP identifier. The Company owned patented and unpatented mining claims on War Eagle Mountain in the state of Idaho. The Company entered into a lease agreement with Silver Falcon Mining, Inc. (SFMI) under which SFMI is entitled to mine the land and the Company is entitled to a 15% net royalty on all minerals extracted by SFMI from tailing piles on the premises or through shafts or adits located on the premises. The lease agreement was deferred for a two-year period, 2014 and 2015, so that SFMI could restructure its finances. The Company determined that SFMI is unable to pay the lease and that any debt owing by SFMI to the Company is not recoverable. The Company currently owns 76.63 acres within seven patented claims with a 29.167% ownership interest on War Eagle Mountain in the state of Idaho. The Company allowed all of its BLM (Bureau of Land Management) unpatented and placer claims to expire. The carrying value on such claims both patented and unpatented was fully impaired due to lack of economic viabilities of such properties. The Company is currently engaged in the business of buying and reselling gaming equipment. The Company also buys machines for its own use that are placed in casinos or gaming areas to obtain monthly revenue streams from the machines’ net win revenue.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies
Summary of Significant Accounting Policies	NOTE 2 – Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of Bravo Multinational Incorporated, and its wholly owned subsidiary, Universal Entertainment SAS, Ltd., (the “Company”). All significant inter-company balances have been eliminated in consolidation. During the year ended December 31, 2017, management recognized that Universal is an inactive Florida corporation which no longer operates. Method of Accounting The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents may include time deposits, certificates of deposit, and all highly liquid debt instruments with original maturities of three months or less. The Company maintains cash and cash equivalents at financial institutions located in the United States, which periodically may exceed federally insured amounts. Accounts Receivable Accounts receivable are customer obligations due under normal trade terms which are recorded at net realizable value. The Company establishes an allowance for doubtful accounts based on management’s assessment of collectability of trade receivables. A considerable amount of judgment is required in assessing the amount of the allowance. The Company makes judgments about creditworthiness of each customer based on ongoing credit evaluations and monitors current economic trends that might impact the level of credit losses in the future. If the financial condition of the customers were to deteriorate, resulting in their inability to make payments, a specific allowance will be required. Earnings (Loss) per Share Earnings (loss) per share of common stock are computed in accordance with FASB ASC 260 “Earnings per Share”. Basic earnings (loss) per share are computed by dividing income or loss available to common shareholders by the weighted-average number of common shares outstanding for each period. Diluted earnings per share are calculated by adjusting the weighted average number of shares outstanding assuming conversion of all potentially dilutive stock options, warrants and convertible securities, if dilutive. Common stock equivalents that are anti-dilutive are excluded from both diluted weighted average number of common shares outstanding and diluted earnings (loss) per share. Stock Based Compensation The Company has issued and may issue stock in lieu of cash for certain transactions. The fair value of the stock, which is based on comparable cash purchases, third party fair values of shares or the value of services, whichever is more readily determinable, is used to value the transaction. Fair Value Measurements The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value. We adopted ASC Topic 820 for financial instruments measured at fair value on a recurring basis. ASC Topic 820 defines fair value, establishes a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include: · Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; · Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and · Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts receivable, inventory, notes payable, accounts payable, accrued liabilities approximate fair value given their short term nature or effective interest rates. We measure certain financial instruments at fair value on a recurring basis. Revenue Recognition Beginning January 1, 2018, the Company implemented ASC 606, Revenue from Contracts with Customers The Company recognizes revenue and cost of goods sold from product sales or services rendered when control of the promised goods are 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: identify the contract with the client, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to performance obligations in the contract and recognize revenues when or as the Company satisfies a performance obligation. The guidance requires increased disclosures, including qualitative and quantitative disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company operates as one reportable segment. There was no revenue during the years ended December 31, 2019 and 2018 since conditions in Nicaragua have not changed. Property and Equipment Property and equipment are recorded at cost. Depreciation is provided for on the straight-line method over the estimated useful lives of the assets. Computer equipment is depreciated on the straight-line method over five (5) years. Equipment used to generate revenues is depreciated on the straight-line method over seven (7) years and is included in cost of sales. Maintenance and repairs that neither materially add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Betterments or renewals are capitalized when incurred. Impairment of Long-Lived Assets Management evaluates the Company’s long-lived assets, excluding goodwill, that consist of property, plant and equipment and intangible assets, for indicators of possible impairment when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment exists if the carrying amounts of such assets exceed the estimates of future net undiscounted cash flows expected to be generated by such assets. Should impairment exist, the impairment loss would be measured based on the excess carrying amount of the asset over the estimated fair value of the asset. Fair value is determined through various valuation techniques, including discounted cash flow models, quoted market values and third-party independent appraisers, as considered necessary.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	12 Months Ended
	Dec. 31, 2019
Recently Issued Accounting Standards
Recently Issued Accounting Pronouncements	NOTE 3 – Recently Issued Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. In February 2016, the FASB issued ASU 2016-02, Leases. The standard requires lessees to recognize lease assets and lease liabilities on the consolidated balance sheet and requires expanded disclosures about leasing arrangements. We will adopt the standard on fiscal year January 1, 2019. Based on our assessment of the new standard on our condensed consolidated financial statements, which will consist primarily of a balance sheet gross up of our operating leases to show equal and offsetting lease assets and lease liabilities, we have concluded that the impact will be insignificant to our condensed consolidated financial statements based on the short-term nature of our leases and our election of such practical expedient. In June 2018, the FASB issued ASU 2018-07, Compensation - Stock Compensation (Topic 718) Compensation - Stock Compensation (Topic 718)

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2019
GOING CONCERN [Abstract]
Going Concern	NOTE 4 – Going Concern The Company’s consolidated financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has reported recurring losses from operations. As a result, there is an accumulated deficit at December 31, 2019. While the Company is attempting to continue operations and generate revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement the Company’s business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to generate revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate revenues.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies Policies
Accounts Receivable	NOTE 5 – Accounts Receivable Accounts receivable consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Accounts Receivable $ 42,312 $ 42,312 Less: Allowance for Doubtful Accounts (42,312) (42,312) Net Accounts Receivable $ –– $ –– Due to civil unrest and the devastation of Hurricane Nate in Nicaragua in October 2017, the Company wrote off the machine income that was in accounts receivable on December 31, 2017 in the amount of $42,312. The Allowance for Doubtful Accounts in the amount of $42,312 was collected but it remains in Nicaragua because of the political instability, social unrest, and US Government's trade and economic sanctions; no transfer of funds to the US can be done at this time. Since these issues have yet to be resolved both domestically and internationally with Nicaragua, the $42,312 amount has not been paid in the US and has been written-off. Since the revenue was earned and collected in Nicaragua, the revenue remains recognized as an account receivable.

Notes Receivable - Related Part

Notes Receivable - Related Parties	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies Policies
Notes Receivable - Related Parties	NOTE 6 – Notes Receivable – Related Parties Notes receivable related parties consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Investcom – See Note 8 Related Party $ 342,000 $ 342,000 Rentcom – See Note 8 Related Party 76,000 76,000 Total Notes Receivable 418,000 418,000 Less: Allowance for Doubtful Accounts (418,000) (418,000) Net Notes Receivable – Related Parties $ –– $ –– Since no collections have been received on the above notes through the date of this report, the Company has allowed for these notes receivable in full at December 31, 2019 and 2018.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	NOTE 7 – Property and Equipment Property and equipment consisted December 31, 2019 2018 Furniture and Equipment $ 708 $ 708 Less: Accumulated Depreciation (708) (524) Net Property, Plant and Equipment $ –– $ 184 For the years ended December 31, 2019 and 2018 depreciation expense was $184 and $226, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 8 – Related Party Transactions During the year ended December 31, 2017, one hundred ten (110) gaming machines were sold to a company controlled by Mr. Paul Parliament, the Company’s former chief executive officer, for a total of $770,000. The sales were financed by a notes receivable in the amount of $342,000. Due to uncertainty of repayment, the notes receivable of $342,000 were allowed for as a bad debt at December 31, 2017 (See Note 6). The above mentioned sales were also paid for by reducing Mr. Parliaments’ note payable from the Company in the amount of $76,000. During the year ended December 31, 2017, seventy-five (75) gaming machines were sold to a company controlled by Mr. Doug Brooks, a former director of the Company, for a total of $525,000. The sale reduced the note payable to Mr. Brooks in the amount of $209,000. The sale was also financed by a note receivable in the amount of $76,000. Due to uncertainty of repayment, the note receivable of $76,000 was allowed for as a bad debt at December 31, 2017 (See Note 6). Due to Related Parties consist of payments of Company expenses by the Company’s three (3) directors and related party, Julios Kosta. Amounts due were $80,423 and $80,224 at December 31, 2019 and 2018, respectively. The Company utilizes the services of Yes International Inc., which is controlled by Mr. Richard Kaiser who is a member of the Board of Directors. Yes International provides all services at no cost except for press release wire services. For each of the years ended December 31, 2019 and 2018 the Company paid press release wire services in the amount of $-0-. The Company also currently operates out of the Yes International Inc., offices at no cost. During the year ended December 31, 2019, $30,000 was expensed to consulting expense due to the completion of the Company’s consulting agreement with Paul Parliament, former chief executive officer. Stock payable – related parties consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Doug Brooks $ 285,270 $ 285,270 Rich Kaiser 117,476 117,476 Julios Kosta 468,628 468,628 Marsadi Parliament 268,279 268,279 Paul Parliament 468,473 438,473 Total Stock Payable – Related Parties $ 1,608,126 $ 1,578,126 Payment of the above stock which amounts to 7,963,801 shares and is deferred until the Company becomes fully reporting again. All future interest based on the original note terms has also been waived by all parties. All amounts above were paid in 1 st

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Notes Payable	NOTE 9 – Notes Payable Notes Payable consists of the following unsecured notes: December 31, 2019 2018 Al Yee – 7% Interest, Matures January 2017 $ 5,000 $ 5,000 Michael Walkil – Non Interest Bearing, Due on Demand 4,490 4,490 Total Notes Payable $ 9,490 $ 9,490 Interest expense on Mr. Yee’s loan for the years ended December 31, 2019 and 2018 was $1,750 and $-0-, respectively. Interest expense from January 2015 (note inception) through June 30, 2019 in the amount of $1,575 was recorded in June 2019.

Inventory Loan Payable - Relate

Inventory Loan Payable - Related Party	12 Months Ended
	Dec. 31, 2019
Notes Payable Tables
Inventory Loan Payable - Related Party	NOTE 10 – Inventory Loan Payable – Related Party Inventory loan payable is a non-interest bearing loan due to Centro de Entretenimiento y Diversion Mombacho S.A., a related party. Payment of $2,250 per gaming equipment sold is due immediately once the sale of gaming equipment is complete. Amount due at December 31, 2019 and 2018 was $4,500.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2019
Capital Stock
Capital Stock	NOTE 11 – Capital Stock Preferred Stock On January 16, 2017, the Company amended its certificate of incorporation to authorize an increase in preferred shares to 50,000,000 from 5,000,000. Preferred stock can be converted into 10 shares of common stock and have voting rights equal to 100 shares of common stock. 10,000,000 of these preferred shares have been separately allocated to Series A Preferred. At December 31, 2019 and, 2018 there were -0- shares issued and outstanding. During the year ended December 31, 2017, 5,000,000 shares were returned by their respective shareholders. No compensation was given for the stock that was returned. Common Stock On January 16, 2017 the Articles of Incorporation were amended to increase the authorized shares to 1,050,000,000, consisting of 1,000,000,000 shares of common stock. Reverse Stock Split On January 16, 2017, the Company approved a one-for-three hundred (1:300) reverse stock split. This reverse stock split became effective as of the close of business on January 16, 2017. The reverse stock split had no effect on the par value of its common stock and did not reduce the number of authorized shares of common stock but reduced the number of issued and outstanding shares of common stock by the ratio. Accordingly, the issued and outstanding shares, stock options disclosures, net loss per share, and other per share disclosures for all periods presented have been retrospectively adjusted to reflect the impact of this reverse stock split. Stock Compensation Plan On March 15, 2018, the Company resolved to adopt the Employees, Officers, Directors and Consultants Stock Plan for the Year 2018. The purpose of this Plan is to enable the Company, to promote the interests of the company and its stockholders by attracting and retaining employees, officers, directors and consultants capable of furthering the future success of the Company and by aligning their economic interests more closely with those of the company’s stockholders, by paying their retainers or fees in the form of shares of the Company’s common stock. The Plan shall expire on March 15, 2028. As of December 31, 2019, no shares had been issued from this plan.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 12 – Commitments and Contingencies Beginning in 2018, the Company leases space at Yes International Inc., a related party, at no cost. Rent expense for the each of the years ended December 31, 2019 and 2018 was $-0-.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 13 - Subsequent Events On February 1, 2020 the Company approved a 5- year employment contract for Mr. Merle Ferguson as the Company’s Chairman of the Board and President. The contract is for $300,000 per year to be paid in cash, shares or a combination of both. On February 1, 2020 the Company also approved the issuance of 1,500,000 preferred A shares to Mr. Ferguson as additional compensation. On February 1, 2020 the Company approved a 5- year employment contract for Mr. Richard Kaiser. The contract is for $175,000 per year to be paid in cash, shares or a combination of both. On February 1, 2020 the Company also approved the issuance of 500,000 preferred A shares to Mr. Kaiser as additional compensation. On February 4, 2020 the Company approved a 3- year employment contract for Ms. Susan Donohue. The contract is for 500,000 preferred A shares. From January 1 through March 3, 2020, 5,753,593 shares of common stock were issued to pay for $1,139,498 that was included in stock payable at December 31, 2019 per the following: - On February 7, 2020, the Company converted Richard Kaiser's promissory note, dated October 3, 2016, through the issuance 587,380 common BRVO shares as at $0.20 (twenty cents) per share. - On February 7, 2020, the Company converted Douglas Brook's promissory note, dated October 3, 2016, through the issuance 1,426,350 common BRVO shares as at $0.20 (twenty cents) per share. - On February 7, 2020, the Company converted Paul Parliament's promissory note, dated October 3, 2016, through the issuance 2,192.365 common BRVO shares as at $0.20 (twenty cents) per share . - On February 7, 2020, the Company converted Marsid Parliament's promissory note, dated November 19, 2018 through the issuance 1,341,395 common BRVO shares as at $0.20 (twenty cents) per share. - On January 27, 2020, 132,932 shares common stock were issued to repay $28,391 out-of- pocket expenses owed to Mr. Parliament prior to his resignation as an officer and director of the Company up through November 18, 2019; S-8 common stock at $0.2135 per share based on the closing price of the Company's stock price on January 27, 2019. - On January 28, 2020, the Company issued to Mr. Paul Parliament for a consulting agreement, effectuated November 20, 2018 which expired on July 19, 2019; 73,171 shares of S-8 common stock at $0.41 per shares based on the closing price of the Company's stock price on July 10, 2019. On February 4, 2020, the Company issued 2,500,000 shares of its Preferred Series 'A' shares as noted above, pursuant to an exemption from registration provided by Section 4(2) of the Securities Act of 1933. The Series 'A' Preferred shares have voting rights equal to 100 shares of common stock and they are each convertible into 100 shares of common stock of the Company at the option of the holder. The issuance was not a public offering as defined in Section 4(2) due to the limited number of persons that received the shares, and the manner of the issuances. 1,500,000 Series 'A' shares were issued to Mr. Merle Ferguson in exchange for services under the terms of his employment contract, 500,000 Series 'A' shares were issued to Mr. Richard Kaiser under the terms of his employment contract, and 500,000 Series 'A' shares were issued to Ms. Susan Donohue in exchange for services under her consulting agreement. The issuance of these shares has resulted effectively in a change in control of the Company.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies Policies Abstract
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Bravo Multinational Incorporated, and its wholly owned subsidiary, Universal Entertainment SAS, Ltd., (the “Company”). All significant inter-company balances have been eliminated in consolidation. During the year ended December 31, 2017, management recognized that Universal is an inactive Florida corporation which no longer operates.
Method of Accounting	Method of Accounting The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents may include time deposits, certificates of deposit, and all highly liquid debt instruments with original maturities of three months or less. The Company maintains cash and cash equivalents at financial institutions located in the United States, which periodically may exceed federally insured amounts.
Accounts Receivable	Accounts Receivable Accounts receivable are customer obligations due under normal trade terms which are recorded at net realizable value. The Company establishes an allowance for doubtful accounts based on management’s assessment of collectability of trade receivables. A considerable amount of judgment is required in assessing the amount of the allowance. The Company makes judgments about creditworthiness of each customer based on ongoing credit evaluations and monitors current economic trends that might impact the level of credit losses in the future. If the financial condition of the customers were to deteriorate, resulting in their inability to make payments, a specific allowance will be required.
Earnings (Loss) per Share	Earnings (Loss) per Share Earnings (loss) per share of common stock are computed in accordance with FASB ASC 260 “Earnings per Share”. Basic earnings (loss) per share are computed by dividing income or loss available to common shareholders by the weighted-average number of common shares outstanding for each period. Diluted earnings per share are calculated by adjusting the weighted average number of shares outstanding assuming conversion of all potentially dilutive stock options, warrants and convertible securities, if dilutive. Common stock equivalents that are anti-dilutive are excluded from both diluted weighted average number of common shares outstanding and diluted earnings (loss) per share.
Stock Based Compensation	Stock Based Compensation The Company has issued and may issue stock in lieu of cash for certain transactions. The fair value of the stock, which is based on comparable cash purchases, third party fair values of shares or the value of services, whichever is more readily determinable, is used to value the transaction.
Fair Value Measurements	Fair Value Measurements The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value. We adopted ASC Topic 820 for financial instruments measured at fair value on a recurring basis. ASC Topic 820 defines fair value, establishes a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include: · Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; · Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and · Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts receivable, inventory, notes payable, accounts payable, accrued liabilities approximate fair value given their short term nature or effective interest rates. We measure certain financial instruments at fair value on a recurring basis.
Revenue Recognition	Revenue Recognition Beginning January 1, 2018, the Company implemented ASC 606, Revenue from Contracts with Customers The Company recognizes revenue and cost of goods sold from product sales or services rendered when control of the promised goods are 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: identify the contract with the client, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to performance obligations in the contract and recognize revenues when or as the Company satisfies a performance obligation. The guidance requires increased disclosures, including qualitative and quantitative disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company operates as one reportable segment. There was no revenue during the years ended December 31, 2019 and 2018 since conditions in Nicaragua have not changed.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost. Depreciation is provided for on the straight-line method over the estimated useful lives of the assets. Computer equipment is depreciated on the straight-line method over five (5) years. Equipment used to generate revenues is depreciated on the straight-line method over seven (7) years and is included in cost of sales. Maintenance and repairs that neither materially add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Betterments or renewals are capitalized when incurred.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Management evaluates the Company’s long-lived assets, excluding goodwill, that consist of property, plant and equipment and intangible assets, for indicators of possible impairment when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment exists if the carrying amounts of such assets exceed the estimates of future net undiscounted cash flows expected to be generated by such assets. Should impairment exist, the impairment loss would be measured based on the excess carrying amount of the asset over the estimated fair value of the asset. Fair value is determined through various valuation techniques, including discounted cash flow models, quoted market values and third-party independent appraisers, as considered necessary.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies Policies
Schedule of Account Receivable	Accounts receivable consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Accounts Receivable $ 42,312 $ 42,312 Less: Allowance for Doubtful Accounts (42,312) (42,312) Net Accounts Receivable $ –– $ ––

Notes Receivable - Related Pa_2

Notes Receivable - Related Parties (Tables)	12 Months Ended
	Dec. 31, 2019
Summary Of Significant Accounting Policies Policies
Schedule of Notes Receivable - Related Party	Notes receivable related parties consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Investcom – See Note 8 Related Party $ 342,000 $ 342,000 Rentcom – See Note 8 Related Party 76,000 76,000 Total Notes Receivable 418,000 418,000 Less: Allowance for Doubtful Accounts (418,000) (418,000) Net Notes Receivable – Related Parties $ –– $ ––

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted December 31, 2019 2018 Furniture and Equipment $ 708 $ 708 Less: Accumulated Depreciation (708) (524) Net Property, Plant and Equipment $ –– $ 184

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2019
Fixed Assets Tables
Schedule of Stock Payable Related Parties	Stock payable – related parties consisted of the following at December 31, 2019 and 2018: December 31, 2019 2018 Doug Brooks $ 285,270 $ 285,270 Rich Kaiser 117,476 117,476 Julios Kosta 468,628 468,628 Marsadi Parliament 268,279 268,279 Paul Parliament 468,473 438,473 Total Stock Payable – Related Parties $ 1,608,126 $ 1,578,126

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Payable Tables Abstract
Schedule of Unsecured Notes	Notes Payable consists of the following unsecured notes: December 31, 2019 2018 Al Yee – 7% Interest, Matures January 2017 $ 5,000 $ 5,000 Michael Walkil – Non Interest Bearing, Due on Demand 4,490 4,490 Total Notes Payable $ 9,490 $ 9,490

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2019
Equipment [Member]
Property and Equipment useful life of Assets	7 years
Computer Equipment [Member]
Property and Equipment useful life of Assets	5 years

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Summary Of Significant Accounting Policies Policies
Accounts Receivable	$ 42,312	$ 42,312
Less: Allowance for Doubtful Accounts	(42,312)	(42,312)
Net Accounts Receivable

Notes Receivable - Related Pa_3

Notes Receivable - Related Parties (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Total Notes Receivable	$ 418,000	$ 418,000
Less: Allowance for Doubtful Accounts	(418,000)	(418,000)
Net Notes Receivable - Related Parties
Investcom [Member]
Related Party Transaction [Line Items]
Total Notes Receivable	342,000	342,000
Rentcom [Member]
Related Party Transaction [Line Items]
Total Notes Receivable	$ 76,000	$ 76,000

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 184	$ 226

Property and Equipment (Schedul

Property and Equipment (Schedule of Property and Equipment) (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Furniture and Equipment	$ 708	$ 708
Less: Accumulated Depreciation	(708)	(524)
Net Property, Plant and Equipment		$ 184

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Number of shares payable to related parties	7,963,801
Consulting Expense - Related Party	$ 30,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Related party transaction			$ 770,000
Proceeds from note payable			76,000
Financing receivable, sale			342,000
Bad debt			342,000
Mr. Doug Brooks [Member]
Related Party Transaction [Line Items]
Related party transaction			525,000
Proceeds from note payable			209,000
Financing receivable, sale			76,000
Director [Member]
Related Party Transaction [Line Items]
Due to related parties	80,423	80,224
Bad debt			$ 76,000
Richard Kaiser [Member]
Related Party Transaction [Line Items]
Amount of press release wire services	$ 0	$ 0

Related Party Transactions (Sch

Related Party Transactions (Schedule of Stock Payable Related Parties) (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Stock Payable - Related Parties	$ 1,608,126	$ 1,578,126
Doug Brooks [Member]
Related Party Transaction [Line Items]
Stock Payable - Related Parties	285,270	285,270
Rich Kaiser [Member]
Related Party Transaction [Line Items]
Stock Payable - Related Parties	117,476	117,476
Julios Kosta [Member]
Related Party Transaction [Line Items]
Stock Payable - Related Parties	468,628	468,628
Marsadi Parliament [Member]
Related Party Transaction [Line Items]
Stock Payable - Related Parties	268,279	268,279
Paul Parliament [Member]
Related Party Transaction [Line Items]
Stock Payable - Related Parties	$ 468,473	$ 438,473

Notes Payable (Schedule of Unse

Notes Payable (Schedule of Unsecured Notes) (Details) - USD ($)	12 Months Ended		54 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2019
Total Notes Payable	$ 9,490	$ 9,490
Interest Expense	1,750	920,256	$ 1,575
Al Yee [Member]
Total Notes Payable	$ 5,000	5,000
Accrued interest rate	7.00%
Debt maturity date	Jan. 31, 2017
Michael Walkil [Member]
Total Notes Payable	$ 4,490	$ 4,490

Inventory Loan Payable - Rela_2

Inventory Loan Payable - Related Party (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loan payable	$ 4,500	$ 4,500
Centro de Entretenimiento y Diversion Mombacho S.A. [Member] | Loans payable [Member]
Repayment of debt	$ 2,250

Capital Stock (Details)

Capital Stock (Details) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 16, 2017
Preferred stock, shares authorized	40,000,000	40,000,000	5,000,000	50,000,000
Preferred stock voting rights description	Preferred stock can be converted into 10 shares of common stock and have voting rights equal to 100 shares of common stock.
Reverse stock split	1:300
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000		1,000,000,000
Shares authorized				1,050,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Series A Preferred Stock [Member]
Preferred stock, shares authorized	10,000,000	10,000,000		10,000,000
Preferred stock, shares issued	0	0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Rent Expense	$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Feb. 07, 2020	Feb. 04, 2020	Jan. 28, 2020	Jan. 27, 2020	Mar. 03, 2020	Feb. 04, 2020	Feb. 01, 2020	Dec. 31, 2019	Jul. 10, 2019	Jan. 27, 2019	Dec. 31, 2018
Subsequent Event [Line Items]
Preferred stock, shares issued								0			0
Amount of issued shares								$ 30,000
Paul Parliament [Member]
Subsequent Event [Line Items]
Share price									$ 0.41	$ 0.2135
Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, shares issued								0			0
Subsequent Event [Member]
Subsequent Event [Line Items]
Shares issued					5,753,593
Amount of issued shares					$ 1,139,498
Subsequent Event [Member] | Paul Parliament [Member]
Subsequent Event [Line Items]
Shares issued			73,171	132,932
Due to Related Parties				$ 28,391
Subsequent Event [Member] | Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred Stock, Participation Rights		voting rights equal to 100 shares of common stock
Preferred stock, shares issued		2,500,000				2,500,000
Subsequent Event [Member] | Mr. Merle Ferguson [Member]
Subsequent Event [Line Items]
Employment contract term							5 years
Compensation Expense							$ 300,000
Subsequent Event [Member] | Mr. Merle Ferguson [Member] | Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, shares issued		1,500,000				1,500,000
Shares issued							1,500,000
Subsequent Event [Member] | Mr. Richard Kaiser [Member]
Subsequent Event [Line Items]
Employment contract term							5 years
Compensation Expense							$ 175,000
Shares issued in conversion of promissory note	587,380
Conversion price	$ 0.20
Subsequent Event [Member] | Mr. Richard Kaiser [Member] | Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, shares issued		500,000				500,000
Shares issued						500,000
Subsequent Event [Member] | Ms. Susan Donohue [Member]
Subsequent Event [Line Items]
Employment contract term							3 years
Subsequent Event [Member] | Ms. Susan Donohue [Member] | Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, shares issued		500,000				500,000
Shares issued							500,000
Subsequent Event [Member] | Doug Brooks [Member]
Subsequent Event [Line Items]
Shares issued in conversion of promissory note	1,426,350
Conversion price	$ 0.20
Subsequent Event [Member] | Paul Parliament [Member]
Subsequent Event [Line Items]
Shares issued in conversion of promissory note	2,192,365
Conversion price	$ 0.20
Subsequent Event [Member] | Marsadi Parliament [Member]
Subsequent Event [Line Items]
Shares issued in conversion of promissory note	1,341,395
Conversion price	$ 0.20