STOCKHOLDERS'EQUITY

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

NOTE 6 - STOCKHOLDERS'EQUITY

In April, 2012, a majority of the shareholders entitled to vote on such matters approved a change of name from Organa Gardens International Inc. to “Bravo Enterprises Ltd.” and a one-for-twenty (1:20) stock split of all of this Company’s outstanding common stock, without any change in par value for the shares of common stock of this Company. The stock split did not include a change in the authorized capital of the Company. On April 23, 2012, a Certificate of Amendment to its Articles of Incorporation was filed with the State of Nevada changing the name to Bravo Enterprises Ltd., effective June 1, 2012.  As advised on May 9, 2012, the Company’s CUSIP Number changed from 68618Y 10 6 to 10567L 10 7. On June 8, 2012, the Company began to trade as Bravo Enterprises Ltd. under the same trading symbol being “OGNG”. Pre-split the total shares outstanding was 61,796,467 and post-split the total shares outstanding was 3,089,823.

(1) 2012 Stock Transactions- During the nine months ended September30, 2012:

The Company issued 4,500,000 restricted common shares valued at $99,450 pursuant to deferred compensation agreements. (See Note 6)

(2) 2011 Stock Transactions - During the nine months ended September 30, 2011:

The Company issued 1,250 restricted common shares valued at $125 to a new director for his services.

The Company issued 325,000 restricted common shares valued at $97,500 pursuant to deferred compensation agreements. (See Note 6)

The Company issued a total of 117,250 common shares pursuant to the exercise of options under the Company’s 2009 Stock Incentive and Option Plan. 82,500 shares were issued at $0.02 per share to satisfy debt to related parties in the amount of $33,000 and 34,750 shares were issued at $0.01 per share for consulting services.

The Company issued 270,000 common shares pursuant to the Company’s 2011 Stock Incentive and Option Plan with a value of $64,800 for satisfaction of debt to related parties.

(3) 2012 Stock Options

The Company’s stock option activity is as follows:

	Number of options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Balance, December 31, 2007		-			-		-
Granted during 2008		20,965			2.20		-
Exercised during 2008		(20,965	)		2.20
Balance, December 31, 2008		-			-		-
Granted during the period		424,900			0.20
Exercised during the period		(424,900	)		0.20
Balance, December 31, 2009		-			-		-
Granted during 2010		468,051			0.20
Exercised during 2010		(468,051	)		0.20
Balance, December 31, 2010		-			-		-
Granted during the period		387,250			0.20
Exercised during the period		(387,250	)		0.20
Balance, December 31, 2011		-			-		-
Granted during the period		-			-
Exercised during the period		-			-
Balance, September 30, 2012		-			-		-

(4) 2011 Stock Options

The Company’s stock option activity is as follows:

	Number of options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Balance, December 31, 2007		-			-		-
Granted during 2008		20,965			2.20		5.00
Exercised during 2008		(20,965	)		2.20
Balance, December 31, 2008		-			-		-
Granted during the period		424,900			0.20
Exercised during the period		(424,900	)		0.20
Balance, December 31, 2009		-			-		-
Granted during 2010		468,051			0.20
Exercised during 2010		(468,051	)		0.20
Balance, December 31, 2010		-			-		-
Granted during the period		387,250			0.20
Exercised during the period		(387,250	)		0.20
Balance, September 30, 2011		-			-		-

On June 30, 2011 the Company filed Registration Statements on Form S-8 to register 490,000 to be issue pursuant to the Company’s 2011 Stock. Incentive and Option Plan. 270,000 shares have been granted and exercised under the June 2011 Stock Option Plan.