Bravatek Solutions Inc (BVTK)

[EducatedInvstr]

Non-binding preliminary letter of intent, Helpcomm, 8-K, LOI set to draft week of 9/28/17 and close NLT 10/31/17:


This is the first of what many think will be the beginning of many future MAP acquisitions, bought through shares, very good, great news!

Twitter Action:
"DarkPulse Technology? @DarkPulseTech 2h2 hours ago
Great work $bvtk !!!"



Terms of agreement:

The Company will acquire all outstanding capital stock of Helpcomm, and Helpcomm shall become a wholly owned subsidiary of the Company;


The Company will issue to the stockholders of Helpcomm 100,000 shares of a newly designated class of preferred stock, which preferred stock shall be non-voting prior to conversion into the Company’s common stock, and shall be convertible into 600,000,000 shares of common stock at the holder’s election so long as unissued, unreserved, and authorized common stock is available for issuance and such conversion will not result in the holder owning more than 4.99% of the issued and outstanding common stock at such time; and



The Company will enter into employment agreements with two of the principals of Helpcomm, requiring the Company to compensate the principals with base salaries of $170,000 per year and $150,000 per year, with a performance bonus payable quarterly based on realized sales and actual expenses as compared to mutually agreed sales targets and budgeted expenses.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=12289195&tabindex=2&type=html

$BVTK