Bravatek
updates Shareholders on its Strategic Activities that are
enabling more rapid Revenue Generation
Bravatek's strategic focus is
generating revenue now with anticipated accelerated rates for
remainder of 2018
Austin, TX -- February 22,
2018 -- InvestorsHub NewsWire -- Bravatek Solutions, Inc.
(USOTCPink:
BVTK, "Bravatek," or the "Company") communicates with
shareholders, in an open and forthright way, to address its
revenues, anticipated acceleration of revenues through its
acquisitions, strategic agreements and joint ventures, as well as
its plans for an optimal share structure.
Many shareholders reach out on a
regular basis to encourage us to continue with the genuine progress
we have demonstrated in creating top-tier, patent-pending
cybersecurity software products, tools, and systems (such as
telecom tower services). Bravatek is indeed a security-platform
company envied by others through our contract vehicles like the
$20B SEWP contract vehicle and our anticipated inclusion, in short
order, on the GSA IT Schedule 70.
We have identified multiple firms as
ideal partners and even potential acquirers. We are, in fact,
working with potential equity partners negotiating deals. The
Company completed the acquisition of HelpComm, which is now
presented with robust sales opportunities as well as strategic
agreements and/or joint ventures with firms like DarkPulse
Technologies that have enabled us to quickly provide a broad range
of cybersecurity software for the enterprise, as well as consumer;
tools for small, medium and large enterprises; and top-tier telecom
construction and services coast-to-coast, as we just announced in a
recent press release.
Dr. Thomas A. Cellucci, Bravatek's
Chairman and CEO, commented: "Our Board set strategic goals for
Bravatek to enhance revenue generation and accelerate growth. These
strategies are working and should provide the quarter-over-quarter
revenue increases our shareholders want. In addition, we are
exploring several plans to significantly alterin a positive waythe
share structure to optimize and sustain our share
price."
It was recently announced that Bravatek
is moving to a December 31st fiscal year, accepting recommendations
from our accountants and lawyers to align our fiscal year with our
subsidiary and competitors, and to reduce costs and make future
potential acquisitions easier to account for.
Bravatek is providing the following
guidance for 2018, as projected by management at this time (see
Note 1) for the telecom portion of our business:
Estimated Revenue between $4.7M and
$5.1M
Note 1: These projections are based on
management's interpretation of current activities and potential
future telecom projects, and they are speculative "forward-looking
statements" as described below.
About Bravatek Solutions,
Inc.
Bravatek Solutions, Inc. is 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.
For more information, visit www.bravatek.com
Safe Harbor
Statement
This news release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, that are intended to
be covered by the "safe harbor" created by those sections.
Forward-looking statements, which are based on certain assumptions
and describe our future plans, strategies and expectations, can
generally be identified by the use of forward-looking terms such as
"believe," "expect," "may," "will," "should," "could," "seek,"
"intend," "plan," "goal," "estimate," "anticipate" or other
comparable terms. All statements other than statements of
historical facts included in this news release regarding our
strategies, prospects, financial condition, operations, costs,
plans and objectives are forward-looking statements.
Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
our current beliefs, expectations and assumptions regarding the
future of our business, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to successfully
market our products and services; the acceptance of our products
and services by customers; our continued ability to pay operating
costs and ability to meet demand for our products and services; the
amount and nature of competition from other security and telecom
products and services; the effects of changes in the cybersecurity
and telecom markets; our ability to successfully develop new
products and services; our success establishing and maintaining
collaborative, strategic alliance agreements, licensing and
supplier arrangements; our ability to comply with applicable
regulations; and the other risks and uncertainties described in our
prior filings with the Securities and Exchange Commission. We
undertake no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
Media
contact:
Bravatek Solutions,
Inc.
media@bravatek.com
1.866.490.8590
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