Order to Convert Promissory Notes to Common Shares between Marsadi Parliament and Bravo Multinational Incorporated
Marsadi Parliament, the holder of two promissory notes from Bravo Multinational Incorporated, instructs Bravo to convert the notes (each for $125,000 plus interest) into common shares of Bravo. The shares will be deposited electronically into Marsadi Parliament's account at the company's transfer agent. The shares are restricted but not subject to further holding periods under Rule 144. Bravo will cover all costs related to the conversion and issuance. The agreement is effective as of November 19, 2018, and is acknowledged by both parties.
Exhibit 10.36
Order To Convert
The Promissory Note ‘Holder’, Marsadi Parliament hereby instructs the ‘Maker’ to convert to common shares (stock) of the ‘Maker’, Bravo Multinational Incorporated, ‘two’ Promissory Notes (plus accrued interest) originally dated December 31, 2017 with original principle face values owed to the ‘holder’ in the amounts of $125,000 US and $125,000 US as per the terms of conversion as mutually agreed to and as stipulated by the Board of Directors on November 19, 2018. The shares will be electronically deposited into an account in the ‘Holders’ name at the transfer agent of the ‘Maker’, Transfer Online Inc., located in Portland Oregon. The ‘Holder’ acknowledges that the shares are to be issued as restricted, but said shares are not subject to any further holding period (under Rule 144) as the original dates on the Promissory Notes have been sufficiently aged, and the company shall provide written confirmation of this and irrevocable release authorization to the transfer agent. Furthermore, no fees and or costs shall be incurred by the current ‘holder’ for the conversion and issuance of the shares.
Shares to be issued: Effective date November 19th, 2018
670,697 common shares (stock) – note #1
670,697 common shares (stock) – note #2 (from gift)
Dated and signed on December 4th, 2018
/s/ Marsadi Parliament
‘Holder’: Marsadi Parliament
/s/ Rich Kaiser
Acknowledgment by ‘Maker’:
Rich Kaiser, Acting CFO
Bravo Multinational Incorporated
