NEW YORK, Nov. 25, 2014 (GLOBE NEWSWIRE) -- Bravo Enterprises Ltd. (OTCQB:OGNG) reports that the Company dba "Splash Water For Life", was registered with the System for Award Management (SAM) on October 02, 2013 and issued a vendor identification number. This registration meant that Bravo could bid on federal contracting opportunities and conduct business with the federal government of the United States via FEMA. At that time, it was the Company's understanding that being registered with SAM meant that it would be at an advantage to sell its atmospheric water generating machines as an alternative water source for disaster relief as well as to other government related agencies like the military, navy and international health agencies.
The Company realizes now that having a FEMA vendor registration in no way means that FEMA would endorse Bravo's atmospheric water generating machines above any other vendor wanting the same contract.
With knowledge of the protocol in place for getting a FEMA contract, the Company will not renew its registration with SAM and use other avenues to market its commercial and industrial machines.
Update on Current Trading Suspension
The Company wishes to further clarify and respond to the recent temporary stock trading suspension issued by the SEC on November 20, 2014.
Bravo's news release of August 27, 2014 only made an incidental mention of Ebola in its headlines with respect to a reminder that the lack of food and water was equally as troubling as the Ebola virus, which has seen the death toll rise in the last three months since the news release.
Bravo through Splash Water For Life, is a bona fide Company with sales generated from products "atmospheric water generators" already being sold to consumers. The Company conducts its operations in a proper manner on a daily basis with a fully operational retail store/showroom housing all various models of air to water machines for consumers to choose from.
The Company has in no way misled investors into thinking that a cure or prevention of Ebola was possible in any of the news releases put forth to date, and is consulting with its legal advisor to remedy the misconception.
About Bravo Enterprises Ltd.
Bravo is a manufacturer and distributor of atmospheric water harvesting machines for the production of clean, safe drinking water for human consumption.
For further information contact: 1-888-488-6882
Visit our website: www.bravoenterprises.ws or www.splashwaterforlife.com
/s/ Jaclyn Cruz
Jaclyn Cruz, Director
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Bravo Enterprises Ltd.'s filings with the SEC.
Source:Bravo Enterprises Ltd.