Bravo Multinational Incorporated : Current Report - Form 8-K

-Voluntary Disclosure of Other Events

On August 31, 2023, Diversified Consultants, Inc., ("DCI") a Nevada corporation, entered into a non-binding letter of intent (the "LOI") with Bravo Multinational, Inc. ("BRVO") a corporation formed under the laws of the State of Wyoming, whose stock is traded on the OTC Pink Market. Under the terms of the LOI, BRVO will obtain an exclusive worldwide license to develop and commercialize TVee-NOW for $250,000. This fee may be paid in cash or in the common stock of the Company. In addition, BRVO has agreed to pay a minimum royalty of 5% of annual gross revenues received from the use of the license. After making two annual royalty payments to Diversified Consultants, BRVO will have the option to purchase TVee-Now for a price equal to six times the twelve month trailing revenue generated by the TVee-NOW license.

The Transaction will subject to negotiation of definitive documentation customary for a transaction of this nature ("Definitive Documents"). The Definitive Documents will require that the consummation of the Transaction will be subject to the satisfaction of various conditions required prior to closing as are customary for transactions of this nature.

Certain statements contained in this current report on Form 8-K are forward-looking statements and are based on future expectations, plans and prospects for BRVO's business and operations and involve a number of risks and uncertainties. BRVO's forward-looking statements in this report are made as of the date hereof and BRVO disclaims any duties to supplement, update or revise such statements on a going forward basis whether as a result of subsequent developments, change or expectations or otherwise. In connection with the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995 BRVO is identifying certain forward-looking information regarding, among other things, the acquisition of DCI by BRVO. Actual events or results may differ materially from those contained in these forward-looking statements. Important factors that could cause further events or results to vary from those addressed in the forward-looking statements include, without limitation, risks and uncertainties arising from the ability of BRVO to successfully merge with DCI, to implement BRVO's business plan; uncertainties relating to the ability to realize the expected benefits of the license; unanticipated or unfavorable regulatory matters; general economic conditions in the region and industry in which BRVO operates, and other risk factors as discussed in BRVO's other filings made from time to time with the United States Securities and Exchange Commission