New SEC filing out
posted on
Dec 11, 2013 04:53PM
Bravo Multinational Incorporated. currently being restructured to include its gaming operations along with mining interests
Interesting to see the roles of all of the "consultants" and the reasoning for their compensation at the end.
A summary of the services provided under each agreement is set forth below: Julios Kosta Search for and evaluate suitable businesses to be acquired or to partner with in the fields of gaming or surface or underground mining specifically in precious metals, both in Canada and South America, and search for and interview candidates to staff gaming operations; research and provide guidance on topics that include taxes, investments, insurance decisions, short and long-term financial goals; direct the buying and selling of gaming equipment for the Company; reach out to prospective sellers and customers to build a strong customer base, including travel and work during non-traditional hours to meet with prospects to acquire other gaming opportunities in Central and South America. Claudi Cifuentes Robles Watch over the day to day operation of the Company’s gaming equipment; control the Company’s bank account in to which sums due under equipment lease are deposited; and report on the equipment’s performance to Pascale Quilliam.
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this
information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.
Jack Frydman
Search for and evaluate suitable businesses to be acquired or to join in partnership
with in the field of surface or underground mining specifically in precious metals and diamonds, both in Canada and the USA, and search for and interview candidates to staff operations in mining geology, mining engineering, and related fields. Manage corporate, strategic and financial opportunities, including mergers,
acquisitions, bonds and shares, lending, and possible privatization,
assisting
company with expansion to increase profitability, safeguard market position and diversification; advise Company, on how to achieve its financial goals and implement long and short-term financial plans; assess the desirability of potential business combinations, using financial models are used to simulate possible outcomes, and structure and negotiate the detailed terms of a deal, in liaison with other professionals. Pascale Quilliam Watch over the day to day operation of the Company’s gaming equipment; control the Company’s bank account in to which sums due under equipment lease are deposited; report on the equipment’s performance to Company executives; request and maintain all permits and claims relating to company mining interests; gather and report on all Forms 3, 4 and 5 for SEC filings; oversee all legal matters relating to the Company; plan and execute all travel arrangements for board members and
executive personnel. Richard Kaiser Answer all calls from the Company's shareholders and disseminate the information provided by the Company; edgarize and file all reports and filings by the Company with the SEC; organize and send out press releases as requested by Company. Pierre Quilliam Manage the day to day operations of the Company as well as the compliance side of the public disclosure of the material events affecting the Company. Thomas C. Ridenour Manage the day to day financial operations of the Company as well as the compliance side of the public disclosure of the material events affecting the Company; writing and directing the filing of the various legal quarterly and yearly reports to the SEC; hiring and conversing with the auditor approved by the Board of Directors as well as the legal firm retained to oversee the public reporting of the Company’s activities. Q-Prompt, Inc. Build and maintain a Company web site for a five year period; keep on web site accurate English to Spanish translations of content; ensure that Company website is at all times in compliance with local and international laws and requirements; ensure that Company website is at all times in compliance with SEC requirements. All of the consulting agreements provide that they are terminable at will by either party prior to the expiration of the term on thirty days’ notice to the other party. All of the consulting agreements provide that the bonus shares will be registered on Form S-8 prior to issuance. With the exception of Mr. Kaiser’s consulting agreement, all of the consulting agreements provide that the compensation will be paid three times per year in restricted shares of the Company’s common stock valued at the closing price of the common stock at the end of each trimester. In Mr. Kaiser’s case, his consulting payments will be made on a monthly basis with shares of restricted common stock with a value of $1,000, and in shares of common stock registered on Form S-8 with a value of $1,500. The total annual compensation due under the consulting agreements exceeds the total lease payments due under the Lease. Nevertheless, the Company believes that the Equipment Acquisition is in the best
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results. interests of shareholders. First, a significant portion of the total consulting payments will be to persons who are present officers of the Company who would be paid otherwise, such that the total additional compensation is approximately $800,000 per year. Second, the consultants have agreed to accept payment in shares of Common Stock, which means that the Equipment Acquisition will be cash flow positive for the Company. Third, the Company has confidence that the new consultants have sufficient contacts to locate and arrange additional acquisitions in the mining and gaming industries that will be beneficial for shareholders.