Bravo signs non-binding LOI to license TVee-NOW for $250K plus 5% royalty, with purchase option

Bravo Multinational Inc.

Signing fee of $250,000 payable in cash or BRVO common stock (VWAP-based).
Minimum annual royalty of 5% of gross revenues from the TVee-NOW license.
After two annual royalty payments, BRVO can buy TVee-NOW for 6x trailing 12-month revenue.
Non-binding term sheet; transaction subject to due diligence, board approval, and definitive agreements.
Exclusivity period until Definitive Documents are executed; target close within 90 days.

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