X0202 5 2006-12-31 0 0 0 0001061029 BRAVO FOODS INTERNATIONAL CORP BRVO.OB 0001278337 MCCORMACK JOHN J 11300 U.S. HIGHWAY NO. 1 SUITE 400 NORTH PALM BEACH FL 33408 1 0 0 0 Common 2006-05-16 5 S 0 36000 0.7039 D 50800 D Options 2015-05-09 Common 1165038 1165038 D TABLE II. 565,038 of the reported derivative securities have the following terms: TABLE II 2. Exercise price allocated by % of total options: $0.200 (25%), $0.225 (20%), $0.250 (20%), $0.275 (20%), $0.300 (15%) TABLE II. 600,000 of the reported derivative securities have the following terms: TABLE II 2. Exercise price for 400,000 options at $0.75; for 100,000 options at $1.00 and for 100,000 options at $2.00 TABLE II. 565,038 of the reported derivative securities have the following terms: TABLE II 6. Vesting to occur in three equal tranches: 1/3 at 12/30/05, 1/3 at 07/01/06, 1/3 at 12/31/06 TABLE II. 600,000 of the reported derivative securities have the following terms: TABLE II 6. All currently exercisable /s/ John McCormack 2007-02-14