Bravatek Solutions Inc (BVTK)

[Dailygainz trading]

Tenkay,

His question is actually very significant. Typically these Angel investors will negotiate a discount on the convertible debt because they don't know the value of the company and want to have some upside when the Series A investors come in. Series A are typically the investors that come in with a valuation and finance the company off of a valuation. Angel investors want to establish a Discount so that when the Series A comes in they can end up having more shares for the risk they took.

In this scenario it looks much different. It almost seems as if these Angel investors believe there wont have to be any Series A financing. The reason I say this is because they didnt negotiate a discount, they instead negotiated the daily pmt feature to the convertible debt. Now what this tells me is when the Angel investors came in, they may have thought the business model/strides BVTK has took is looking beneficial in the near term, so instead they negootiate funding where they can just make additional capital via the daily rates rather than negotiating a discount to ready themselves for Series A.

Conclusion: I think the convertible debt financiers liked what they saw in the BVTK pitch and may not think there will be a need for future funding based on the info BVTK presented them.

Just my opinion, but have seen this before.