Bravatek Solutions Inc (OTCMKTS:BVTK) has continued to move lower in recent months as the continued dilution weighs down the stock and thwarts any run up. BVTK saw a huge run last year that started in the triple zeroes back in May of this year and has culminated in recent highs of $0.0108.
BVTK is the new ticker for the notorious ECRY which ran from around $0.12 to highs of $0.385 last year on the $5.1 million (stocktips) Laluna promotion. The promo collpased after ECRY management issued a press release distancing themselves from the promotion. StockTips initially gained fame with TGRO which ran from pennies to $1.59 a share.
Bravatek Solutions Inc (OTCMKTS:BVTK) bills itself as a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
BVTK two lines of business consist of a highly-secure email servers (and other related security software) as well as the Telecom tower services
BVTK is the new ticker for the notorious ECRY which ran from around $0.12 to highs of $0.385 last year on the $5.1 million (stocktips) Laluna promotion. The promo collpsed after ECRY management issued a press release distancing themselves from the promotion. StockTips initially gained fame with TGRO which ran from pennies to $1.59 a share.
Last year BVTK made 2 significant announcements which affect current operations; fist they announced their Telecom Services Division, which they acquired from Viking in June, has signed a Letter of Intent with construction company YKTG, LLC, for a $10-million plus decommissioning project with a major cell phone carrier. YKTG, LLC has established strategic relationships with BAE Systems and ConCor Networks a subsidiary of EMCOR, a fortune 500 company generating $6.4 billion in annual revenues. At that time BVTK also negotiated a $3-million line of secured financing from TCA’s Global Credit Master Fund, $350,000 of which has already been reciveived by the Company.
The parabolic rise on BVTK started on April 19 when the Company announced an agreement with i3 Integrative Creative Solutions, LLC out of Springfield, Virginia. BVTK CEO Thomas A. Cellucci, PhD said at the time “Within one business day of joining forces with i3, Bravatek was placed on a government contract called SEWP, Solutions for Enterprise-Wide Procurement, with a $20 billion dollar ceiling, for its cybersecurity email protection software and telecom services.”
The parabolic rise on BVTK has continued as the Company continues to put out huge press; on June 2 BVTK announced a worldwide exclusive arrangement, whereby Bravatek will manage construction crews by and through their strategic partner, MHC, with headquarters near Richmond, Virginia. The MHC agreement is expected to generate, conservatively, no less than $ 2.5 M in Purchase Orders from Sprint, Verizon, AT&T and T-Mobile within the next twelve months assuming Bravatek is able to meet its funding commitment with MHC.
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Earlier this year BVTK announced it has executed another significant, worldwide exclusive arrangement, whereby Bravatek will manage construction crews by and through a new strategic partner HelpComm, with headquarters in Manassas, Virginia. The HelpComm agreement is expected to generate no less than $6.5 M in Purchase Orders within the next twelve months. Helpcomm’s portfolio of Master Service Agreements (MSAs) with Verizon, Sprint, T-Mobile and AT&T positions this company on a level field with Telecom giants such as Mastec, Ericsson and Jacobs.
Pauline Ewald, J.D., Bravatek’s Vice President of Telecom Services commented: “We look forward to a long and symbiotic relationship with Johnny Bolton and the whole HelpComm team. Our rapid acceleration in this space has been made possible by Bravatek’s careful selection of allies with deep roots in the wireless construction business and dogged determination to prepare to prosper from the near term roll- out of 5G service.”
On February 8 BVTK announced it is expanding both its short and long term business opportunities related to its telecom business. Dr. Thomas A. Cellucci, Bravatek’s CEO commented: “We have been working diligently to strategically expand our footprint in the telecom services business in order to generate more POs with additional telecom customers, as well as provide new types of telecom services.”
The Company announced that it is in final negotiations with a firm, which is seeking a strategic alliance with Bravatek, to accelerate the delivery of additional telecom services, as well as execute a rollout of a unique and differentiated training program for next generation tower service providers.
Among some of its responsibilities, Bravatek would provide management expertise for the purpose of promoting the firm’s services and products, as well as assist in executing the firm’s current POs and provide after-sales support of their standard and custom products, services and capabilities. The Company plans to keep shareholders apprised of further developments in its expanding telecom business.
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Currently trading at a $15 million market valuation BVTK has continued to move lower in recent months as the continued dilution weighs down the stock and thwarts any run up.BVTK is an exciting story in small caps with a significant fast growing shareholder base who has been bidding this one higher. The Company is well-positioned in the government/military space with the $20B SEWP contract vehicle. BVTK also recently announced the MHC agreement which is expected to generate no less than $ 2.5 M in Purchase Orders as well as the HelpComm agreement expected to generate no less than $6.5 M in Purchase Orders. BVTK has runner in its blood and although the current share structure is not as attractive as it was during the ECRY stocktips days current shareholders are betting this one moves much higher. We will be updating on BVTK when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BVTK.
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Disclosure: we hold no position in BVTK either long or short and we have not been compensated for this article.