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8/12/17 Just got off the phone with Tom,

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pennypauly Member Level  Saturday, 08/12/17 01:42:18 PM
Re: None
Post # of 126159 

8/12/17 Just got off the phone with Tom, thought you all could use a little info to help to get you through the weekend:

- Regarding CrucialTec...this is a much larger deal than everyone thinks it is. CrucialTec was created by former Samsung executives, and the applications for their products are endless especially with Bravatek opening the door to the government for them through SEWP (while this IS poop your pants news in it's own, it's not any of the prior mentioned game changers). Meeting with CrucialTec was the reason for his last trip to South Korea, and he's headed back this week to meet with them again, along with more equity investors.

- SEWP has companies coming out of the woodwork wanting to partner with us to get their foot in the door to government sales. Tom stated he got an email from Jim this morning with 3 more companies wanting to become MAP's.

- FINANCIALS: All financials are COMPLETED on Bravatek's side, the holdup is with the auditors...Tom is beyond pissed, and doing what he can to hurry them up.

- Notes/dilution are nearing an end. Not only did he say remaining notes are piss money compared to what equity investors are bringing to the table...but also that convertible note holders are ASKING TO BECOME EQUITY INVESTORS after they're being bought out, because they've seen what's in the pipeline and know what's coming.

- The previously mentioned $100mil+ telecom deal is NOT for FirstNet. However...there is something in the works with FirstNet, along with other telecom deals worth "far more than $100mil."

- There are now 5 companies already trying to buy Bravatek because they see the potential and where we're headed. Tom not interested in selling any time soon as this is just the beginning.

Derek Hunt
27 mins

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