UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 SCHEDULE 13G/A

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (AMENDMENT NO. 2)



                               BRAVO! BRANDS INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)



                          COMMON STOCK, $.001 PAR VALUE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)



                                    105666101
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed: |X| Rule 13d-1(c)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                         (Continued on following page(s)

Page 1 of 4 Pages



- -------------------               -------------
CUSIP No. 105666101               13G/A                        Page 2 of 4 Pages
- -------------------               -------------

 1. NAMES OF REPORTING PERSON
                S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Alpha Capital Anstalt
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
                                (a) |_|
                                (b) |_|
- --------------------------------------------------------------------------------
3. SEC USE ONLY

- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

        Liechtenstein
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON - 32,655,029 Common stock

- --------------------------------------------------------------------------------
6. SHARED VOTING POWER - None

- --------------------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER - 32,655,029 shares of Common Stock

- --------------------------------------------------------------------------------
8. SHARED DISPOSITIVE POWER - None

- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -

        32,655,029 shares of Common Stock

- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
        CERTAIN SHARES                                                       |_|

- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        9.99%

- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON

        CO



- -------------------               -------------
CUSIP No. 105666101               13G/A                        Page 3 of 4 Pages
- -------------------               -------------

ITEM 1 (a) NAME OF ISSUER: Bravo! Brands Inc.

ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

       11300 US Highway 1, North Palm Beach, FL 33408

ITEM 2 (a) NAME OF PERSON FILING: Alpha Capital Anstalt

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

       Pradafant 7, Furstentums 9490, Vaduz, Liechtenstein

ITEM 2 (c) CITIZENSHIP: Liechtenstein

ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Common Stock, $.001 par value

ITEM 2 (e) CUSIP NUMBER:  105666101

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR
       13D-2(B):  Not applicable

ITEM 4 OWNERSHIP

     (a) AMOUNT BENEFICIALLY OWNED: 32,655,029 Shares of Common Stock

     (b) PERCENT OF CLASS: 9.99%

     (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

       (i) SOLE POWER TO VOTE OR DIRECT THE VOTE

                32,655,029 Shares

       (ii) SHARED POWER TO VOTE OR DIRECT THE VOTE

                0 Shares

       (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

                32,655,029 Shares

       (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

                0 Shares



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CUSIP No. 105666101               13G/A                        Page 4 of 4 Pages
- -------------------               -------------

ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

                Not applicable


ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

                Not applicable

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
       SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

                Not applicable

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

                Not applicable

ITEM 9 NOTICE OF DISSOLUTION OF GROUP

                Not applicable



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                        July 6, 2007
                                        ----------------------------------------
                                        (Date)

                                        /s/ Konrad Ackerman
                                        ----------------------------------------
                                        (Signature)

                                        Konrad Ackerman, Director
                                        ----------------------------------------
                                        (Name/Title)