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Bravo Multinational Incorporated (BRVO) reported another development-stage quarter for the period ended September 30, 2025, with no revenue and a continued focus on building an entertainment, hospitality, and technology business, including an AVOD streaming platform concept. For the three months ended September 30, 2025, the company recorded a net loss of $58,826, slightly improved from $61,509 a year earlier, as professional fees declined. For the nine-month period, the net loss narrowed to $198,881 from $290,976 in 2024, mainly due to lower general and administrative and professional expenses.
The balance sheet is extremely thin, with cash of $106 and total liabilities of $1,001,095, resulting in a stockholders’ deficit of $1,000,989 and an accumulated deficit of $96,380,051 as of September 30, 2025. Operations are being funded primarily through related-party loans and accrued director compensation, and a related party deposited an additional $13,000 after quarter-end to cover fees and operating costs. Management states that these recurring losses and limited liquidity raise substantial doubt about the company’s ability to continue as a going concern and plans to seek additional capital through public or private offerings. The company also maintains a non-binding LOI signed in November 2024 to acquire certain content and a streaming license from MWP Entertainment Group, though no definitive agreement has been reached and there is still no operating revenue.