BRAVO ENTERPRISES LTD.

CIK:0000746631|SEC Filings

NATURE OF OPERATIONS (Details Narrative) (USD $)	3 Months Ended		9 Months Ended		225 Months Ended
NATURE OF OPERATIONS (Details Narrative) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014
Nature Of Operations Details Narrative
Entity incorporation date			Nov. 29, 1983
Entity incorporation state			State of Nevada
NET LOSS FOR THE PERIOD	$ (98,514)	$ (86,061)	$ (540,334)	$ (345,854)	$ (21,770,410)

SUPPLEMENTAL CASH FLOW INFORMATION

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

NOTE 8 - SUPPLEMENTAL CASH FLOW INFORMATION

	Nine months ended Sept 30,
	2014		2013
Cash paid during the period for:
Interest	$	-	$	-
Income taxes	$	-	$	-

During the nine months ended September 30, 2014:

(a) The Company cancelled 90,400,000 restricted common shares valued at $1,175,200 pursuant to the termination of the exclusive licensing agreement dated November 23, 2012.

(b) The Company issued 3,000,000 restricted common shares valued at $360,000 to two shareholders pursuant to deferred compensation agreements dated February 15, 2014.

(c) The Company issued 6,000,000 restricted common shares valued at $360,000 to two shareholders pursuant to deferred compensation agreements dated May 1, 2014.

During the nine months ended September 30, 2013:

(a) The Company issued 80,000 restricted common shares valued at $8,000 to a consultant for her services earned in 2012.

(b) The Company issued 800,000 restricted common shares for cash in the amount of $80,000 pursuant to private placement subscription agreements.

(c) The Company issued 62,500 restricted common shares for cash received in 2012 in the amount of $5,000 pursuant to a private placement subscription agreement.

(d) The Company issued 225,000 restricted common shares for cash in the amount of $35,000 pursuant to three private placement subscription agreements.

(e) The Company issued 4,000,000 common shares for cash in the amount of $52,000 pursuant to the exercise of incentive stock options in accordance with the 2012 Stock Option Plan.

(f) The Company issued 10,000 restricted common shares valued at $3,000 to a consultant for his services.

CONDENSED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
CURRENT ASSETS
Cash	$ 3,823	$ 14,206
Accounts Receivable	6,454
Prepaid expenses	4,050	23,400
Inventory	16,461
TOTAL CURRENT ASSETS	30,788	37,606
Available for sale securities - related parties	8,913	36,795
Intangible assets - net of amortization of $93,296 (2013 - $82,930) and write-down of exclusive license agreement of $224,247 (2013 - $ Nil)		234,613
TOTAL ASSETS	39,701	309,014
CURRENT LIABILITIES
Accounts payable and accrued liabilities	478,886	498,935
Due to related parties	198,150	56,129
TOTAL CURRENT LIABILITIES	677,036	555,064
COMMITMENTS AND CONTINGENCIES	45,533	45,533
STOCKHOLDERS’ EQUITY (DEFICIT)
Convertible preferred stock: - Class A voting stock, $0.001 par value, 5,000,000 shares authorized
Convertible preferred stock: - Class B voting stock, $0.001 par value, 5,000,000 shares authorized
Common stock, $0.001 par value, 500,000,000 shares authorized 71,076,030 (December 31, 2013 - 152,476,030) shares issued and outstanding	71,076	152,476
Additional paid-in capital	25,859,316	26,413,116
Shares to be cancelled		(1,175,200)
Deferred compensation	(390,000)	(26,932)
Deficit accumulated during the development stage	(21,770,410)	(21,230,076)
Deficit accumulated prior to the development stage	(4,460,633)	(4,460,633)
Accumulated other comprehensive income	7,783	35,666
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	(682,868)	(291,583)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 39,701	$ 309,014