Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$1,112.98 total volume ...huge buy where???
Huge buy let’s see $BRGO move!!!
ecrypt one 10 years old lol, developed in 2007. Nobody ever bought it, nobody ever used it, and bvtk with 1 software guy based in canada i sincerely doubt it has been changed or made better in any significant way.
NOBODY needs another cyber security product in the marketplace, especially one that has no tech support whatsoever....how do you sell cyber security with no corporate headquarters, no phone reps, no tech support, etc etc etc this is just a cruel regurgitated joke by tom cellucci
This partnership is a win-win for both BVTK and Google. It could help Google cybersecurity business.
who on earth will buy cyber security from a 1 employee company? How does tom plan to provide support for such an undertaking? No headquarters, no phone operators, no tech support staff, are you kidding me?
2009 facebook ecrypt one pump video roflmao:
https://www.facebook.com/Bravatek/videos/10150180782590597/
eCrypt Technologies Inc, developer of eCrypt - a first-of-its-kind encryption software for wireless email on BlackBerry® smartphones - commences Trading on the OTC BB under the symbol ECRY.
negotiating for what???? what on earth could bravasuk offer google??? ecrypt one is a cruel joke developed in 2007 that nobody ever bought! google will help you sell anything if you ask, but google backing tom cellucci and ecrypt one????? yeah, google partners with 1 employee cyber security companies all the time, this is nuts to even have this discussion~!
The pr said they were negotiating. So there is no deal yet. Stay tuned for the 8k
yes, and it's costing them $441,000 per quarter to own them. pretty crappy deal, considering bravatek has no revenues to cover such a quarterly loss.
Does Bravatek own HelpComm? $BVTK
there is no such thing as a 5G tower. they add it to existing towers roflmao nothing to "put up"
Is HelpComm putting up 5G towers? $BVTK
ecrypt one has been out since 2007 and nobody uses it or wants it. it's a cruel joke by tommy boy.
They would rather buy Ecrypt One as a whole!
oh it's an "operating loss" which is not important at all....tommy converted enough notes to make it a "net profit" by blowing up the outstanding share count roflmao
The loss is an operating loss...at the bottom line it’s a NET PROFIT!!!!!!
Fact still remains they lost $441,000 on revs of $1.1M
massive dilution gave him the bump in derivative liability ....not any good business going on...you wanna brag about a net profit achieved through dilution okay then but bvtk is on course to lose almost $1.8 million on helpcomm these first 12 months
Simply...NVTK has a NET PROFIT @ 3/31/2018...end of story
Helpcomm bleeds bvtk to the tune of around $4,900/day...$441,000 loss in the first quarter 2018
BVTK and the entire infamous MAP have ZERO revenues otherwise....
what good is the $1.1 million in helpcomm revs if the end result was a $441,000 loss?
that's like a -45% profit margin lol
tom sure can pickem'
$1.1 million in stated inventory as of 12/31/2017
april 2018 just 4 months later he files unaudited 10-K without his accountants knowledge, accountants quit within 3 days. berge claims it's an unecssary expense he currently can't afford. Really? Over a million dollars in inventory you can't hock a couple rings to pay for the audit?
berge then skips the 1st quarterly report not even bothering to file the late notice.
Yield sign up...stop sign coming any day now.
He has used and abused his own investors for over a decade ... it's about time he folded up shop.
Berge stopped filing! STOP sign will be up any day now! Berge has given up! He has been current for 10+ years...now he just stops filing? Good luck ever seeing a bid here again let alone peeps loading .0002's
jewelry business over 10 years old can't afford an audit?
claimed over $1.1 million inventory 2017...he can't hock a couple rings to pay for that audit? looks like the posts about possible inflated inventory #'s might be true...
I’m thinking .0002s will be loading next week Wednesday
Losing $441,000 in Q1 means they need a lot of P.O.'s to overcome that, several won't cut it.
helpcomm is just bleeding bravatek at a rate of $1.7 milly/year
mapping to millionaires chart is a total bust, no revs from anyone
$21.5 million dollar lie from tom but nobody cares?
That's a lot of money to lie about
berge abajian would like to thank the recent spate of new investors for their donations.
If Tom's "pedigree" or "resume" was worth spit...then peeps in washington dc and finance peeps would back his play.
His resume and pedigree are obviously worth "nothing" as he can't get a contract for anything and nobody will lend him money.
I'm just curious of how people validate DPT being a "billion dollar company" with zero revenues, an office, proof of contracts and past customers, etc. Just because I don't like BVTK doesn't mean I should just stand around and listen to excessive lies being spread around this board. Yet no one bothers to explain what ever happened to that billion dollar India deal. Or that missing 12 million dollars that Tom PR'd 2 years ago. Or that missing 21 million dollars from Q4 from that (non-existent) iron ore deal. Keep worshipping your "master." And I'll keep insulting him for the charlatan he is.
holding something for a year as it plunges is not my version of "trading effectively"
Someone who has been in it since mid may 2017, knows how to trade effectively
and sees the real value in what Tom has been putting together here.
lost $441,000 on that 1 milly
We got $1M in the 1st Qtr 10Q just like I predicted.
yeah i thought it might have a little more pep than that ...abandoned it after a few hours
no more gas, engine is not moving, this go up because the news. It will drop by tomorrow
somebody knows something that buying came out of thin air
and tom wants $4 million for the next 12 months roflmao!
Liquidity and Capital Resources
Currently, we have limited operating capital. The Company anticipates that it will require approximately $4,000,000 of working capital to complete all of its desired business activity during the next twelve months. The Company has earned limited revenue from its business operations. Our current capital and our other existing resources will be sufficient only to provide a limited amount of working capital, and, to date, the revenues generated from our business operations have not been sufficient to fund our operations or planned growth. As noted above, we will likely require additional capital to continue to operate our business, and to further expand our business. We may be unable to obtain the additional capital required. Our inability to generate capital or raise additional funds when required will have a negative impact on our operations, business development and financial results.
You mean “if”the revs materialize, we have been promised revs for 2 years now......Still would like a clear message from Tom how they are going to handle the SS for another 2-4 quarters of losing $ and more toxic debt on the books. How does BVTK avoid raising the A/S???
How are they going to pay the note holder that is suing them??
what does that even mean? He's been in the same business for 10+ years!
To all shareholders that are concerned about being current, as I’ve mentioned we will get current and get audited for 2017 once we have a concrete direction for Bergio
We don’t have the extra funds to spend and don’t want to reach out to toxic funders.
where's the $190,000???? SAG cancelled/never closed! MAP is complete BS
March 2, 2018 – AUSTIN, Texas – Bravatek Solutions, Inc. (OTCPink: BVTK, “Bravatek” or the “Company”) announced that its recent Strategic Alliance Agreement with IEVOLV Ventures, Inc. (“IEVOLV”) and DP Telecom Inc. (“DP Telecom”) has already resulted in an order for over $190k for a major Telecom provider project on the West Coast of the United States.
Loook at the map People!!! NOT THE COMMENTS. Map speaks for itself!!!
Pay special attention to 40% of Darkpulse!!! WOW
after unaudited annual report he just stopped filing? didn't even bother with the NT 10-Q looks like berge is folding up shop
and what's this BS about 2017 and a "weak" economy????
https://backend.otcmarkets.com/otcapi/company/sec-filings/12698630/content/html
Recently the U.S. economy has encountered a slowdown and Bergio anticipates the U.S. economy will most likely remain weak at least through the end of 2017. Consumer spending for discretionary goods such as jewelry is sensitive to changes in consumer confidence and ultimately consumer confidence is affected by general business considerations in the U.S. economy. Consumer discretionary spending generally declines during times of falling consumer confidence, which may affect the retail sale of our products. U.S. consumer confidence reflected these slowing conditions throughout the last few years
1 employee company can be very successful selling cyber security ... in a hollywood movie maybe. tom acts like he has this huge diversified company and in reality he has nothing! He had zero revenues in 2017 except for the $10,000 deposit he took from the CEO of LIBE. Dark Pulse is another phantom company just like Tom's.
I certainly would not purchase any more bvtk if i were you lol
I certainly would not purchase any more BVTK if I were you. Having these kinds of doubts about the company will only lead to a very distressing situation for you (or any one) that holds shares or is thinking about buying them...In fact, If you are still holding any, I would sell them at the opening bell and just get it over with
I would recommend to anyone having serious doubts here, that they definitely not purchase BVTK and should move on the a different play.
Meanwhile , i will keep trading and stacking here...waiting for what i know is coming...copper.
I could be wrong, but i seriously doubt it.
what happened to that 500M bid? berge say hello again?
amazon web services couldn't sell it in three years...what good can google do?
got a starter as well
tom has been trying to sell ecrypt one for a decade...there's a dozen other pr's going back that claim great things for ecrypt...still can not verify one customer on the planet currently using it!
July 15, 2016 09:30 ET
Bravatek Receives Continued Interest in Ecrypt One Cyber Email Software
The Company Is Working on Placing Ecrypt One Product With More Potential Customers Through OEM Agreements
AUSTIN, TX--(Marketwired - July 15, 2016) - Bravatek Solutions, Inc. (OTC PINK: BVTK) announced today that it has executed two significant OEM agreements of its patent-pending software, Ecrypt One.
Bravatek Solutions, Inc.'s Chairman and CEO, Thomas A. Cellucci, PhD, MBA commented: "We have identified multiple firms as ideal partners, and even potential acquirers of the Ecrypt One business. Interest in Ecrypt One is strong, and we are exploring all opportunities and will continue to update our shareholders on our progress."
The Ecrypt One email server, with all its information safety and security features, is now widely available for purchase or free* trial by end customers on Amazon.com, Inc.'s cloud platform, Amazon Web Services™ (AWS™). Thirty (30) day, 10 user free* trials will be an option when procuring an Ecrypt One server from the AWS Marketplace™. Customers can acquire a production license at any time to upgrade a trial deployment.
The innovative software is also being reviewed by firms for sales efforts into various agencies in the US government. This could result in the product being adopted as a secure email system, replacing existing solutions.
For more information, visit www.ecryptone.com and aws.amazon.com
*Ecrypt One is available as a free trial with respect to product license fees. AWS hosting and domain registration fees may apply.
ecrypt one is garbage, nobody ever bought it and nobody ever will. you can not sell cybersecurity with no office building, no IT department, no sales department, no tech support department, to suggest tom cellucci and his 1 software guy who works in vancouver canada can compete with multi-thousand employee companies is beyond the absurd, just like the FAZYNC fable.
dozens and dozens of companies with hundreds of employees have been working on HIPAA compliant blockchains for two years now.
sincerely doubt tom's 1 guy in canada can compete.
would make bravatek an outlier in the space especially cryptography which all the big companies have begun hiring and doing research on
anatomy of the only 2017 sale of ecrypt one...a disaster that never happened, here's what the LIBE CEO had to say about the botched deal:
We paid $10k deposit for the HIPA software for the Integro deal. When that failed due to incomplete audit, instead of Tom sending the cash back and losing a sale I turned it into a deposit on the Guard Lite MVR. Idea was they could create a program that would allow for secure communication between guard lites programmed to each other. It's not that I don't have faith, but I told Tom I was months away from needing it as he would need one of the new guard lites to be created after the current version, to develop the software. We don't have those yet so how could it be complete if they needed one to build it? Also, without Integro's cash flow, we couldn't afford it at the time. I had assurances he could wait on payment as I told him it could be longer than 6 months. Plus my deposit isn't even noted on the bill!
Considering I introduced him to Dark Pulse and that's basically brought both of them some success without my asking for a point, or shares, etc. it seems to be a crappy way to return a favor IMO.
That's the last one - have a great weekend! I'm in the office tomorrow if there's any questions.
845-544-5112
Note: Our Phoenix location is currently closed, and scheduled to open sometime during May 2018.
http://www.integrohealthsystems.com/facilities/
mapping to millionaires with no revenues
dark pulse deal not closed yet and on back burner
Crucial Trak JV abandoned
only sale of 2017 to LIBE never happened! now tom suing?
LIBE CEO already called out tom for the broken deal, he never wanted ecrypt1 after a failed audit
claimed booked revs of $21.5 million last december for dark pulse deal
is it me or is this the biggest basket of nothing ever assembled in stinkyland???
On August 2, 2017, the Company entered into a Strategic Alliance Agreement, dated August 3, 2017, with ProActive IT (“ProActive”), an Illinois corporation that provides information technology products and services, designating ProActive as the Company’s sales agent for government departments/agencies/units and privately owned and publicly traded companies within the State of Illinois, and providing for the cross-promotion of the parties’ products and services. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On August 10, 2017, the Company entered into a Strategic Alliance Agreement, dated August 10, 2017, with CrucialTrak Inc. (“CrucialTrak”), a Texas corporation engaged in providing identification technology that delivers improved security with effective use of servers and workstations for the purpose of identifying those entering a building, office or other secured space. The Strategic Alliance Agreement designates the Company as the project-based business partnership channel for government departments, agencies and units for the purpose of promoting CrucialTrak’s relevant products and service solutions delivered through CrucialTrak’s designated distribution affiliate(s) or channel(s). As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On September 5, 2017, the Company entered into a Strategic Alliance Agreement with DarkPulse Technology Holdings Inc. (“DarkPulse”), a New York corporation engaged in manufacturing hardware and software based on its BOTDA (Brillouin Optical Time Domain Analysis) technology, designating the Company as DarkPulse’s project-based partnership channel for government and non-governmental departments, agencies and units, for the purpose of promoting DarkPulse’s products, and pursuant to which DarkPulse will cross-promote the Company’s products and services, and the Company will be paid sales commissions for clients introduces to DarkPulse by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 10, 2017, the Company entered into a Letter of Intent (the “LOI”) with CrucialTrak to form a joint venture entity, subject to the execution of definitive agreement(s) formalizing the joint venture, and pursuant to which the parties will use their reasonable best efforts to negotiate in good faith the definitive agreement(s), which among other standard terms and conditions, shall contain the following provisions: (1) the joint venture will be owned 65% by CrucialTrak and 35% by the Company, (2) the Company will provide the joint venture a line of credit for up to $5,000,000, repayable with annual interest not exceeding 8%, for the period of 18 months beginning November 1, 2017, and on terms mutually agreeable to the joint venture and the Company, and (3) the joint venture will have a first right of refusal on access to all formally reported projects and the right to distribute CrucialTrak’s products in the government, military and critical infrastructure/key resources market segments. During the three months ended March 31, 2018, the Company and CrucialTrak determined not to proceed in forming the joint venture.
On October 19, 2017, the Company entered into an Addendum (the “Addendum”) to the Strategic Alliance Agreement with DarkPulse, pursuant to which Addendum the Company shall receive 20% of project revenue for DarkPulse’s “Five Deployments Eurasian Mining Project,” and 10% of project revenue for two additional DarkPulse agency agreements more specifically described in the Addendum. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 25, 2017, the Company entered into a Strategic Market Alliance Agreement with NeQter Labs (“NeQter”), a New York corporation engaged in building solutions for NIST compliance needs and appliances that are designed to improve security via monitoring login access and other control services, designating the Company as NeQter’s sales agent for government departments, agencies and units and public and private small to medium-sized businesses for the purpose of promoting NeQter’s products, and pursuant to which NeQter will cross-promote the Company’s products and services, and the Company will receive a 15% discount off the purchase price of NeQter products for resale to Bravatek’s customers. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On November 1, 2017, the Company entered into a Strategic Alliance Agreement with IDdriven, Inc. (“IDdriven”), a Nevada corporation engaged in the business of providing identity and access management software to increase data security, designating the Company as IDdriven’s project-based business partnership channel for governmental and non-governmental departments, agencies and units, for the purpose of promoting IDdriven’s products, and pursuant to which IDdriven will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced to IDdriven by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with Cobweb Security Ltd (“Cobweb Security”), an Israeli corporation engaged in providing website security for small and medium businesses as well as for hosting companies, designating the Company as Cobweb Security’s project-based business partnership channel for small and medium businesses and hosting companies for the purpose of promoting Cobweb Security’s products and services, and pursuant to which Cobweb Security will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced by the Company and registered with Cobweb Security via its system, and delivered through the Company or a Cobweb Security-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with QBRICS, Inc. (“QBRICS"), a corporation organized under the laws of Delaware engaged in providing customized private blockchain platforms and solutions for governmental and non-governmental departments / agencies / units for the purpose of promoting QBRICS’s relevant capabilities, products and/or service solutions, and pursuant to which QBRICS will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with QBRICS, and delivered through the Company or a QBRICS-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Effective December 21, 2017, the Company entered into a Joint Venture Agreement (the “Agreement” or the “JV”) with The Go Eco Group, a corporation organized under the laws of the State of Nevada (“LIBE”), pursuant to which (1) the parties will form a JV limited liability company in Delaware to develop, market and sell products, services and technology based on a web-enabled Light Guard System (the “System”), (2) the JV will be owned 35% by the Company and 65% by LIBE; (3) the Company shall fund $25,000 in initial capital to the JV; and (4) the JV shall have an irrevocable royalty-free non-exclusive license to use all of LIBE’s direct and/or licensed intellectual property necessary for the JV to develop and sell the System. While LIBE has a controlling financial interest in the JV, the Company and LIBE jointly manage the JV and any significant decisions and/or actions of the JV require the mutual consent of both parties. Therefore, the Company is accounting for its 40% ownership interest in the JV using the equity method of accounting. The JV is a related party to the Company. As of March 31, 2018, the JV owes the Company $30,000, and management has recorded an allowance for doubtful accounts of $30,000. The Company has engaged a law firm to pursue the collection of the $30,000.
On January 5, 2018, the Company entered into a Strategic Alliance Agreement with AppGuard LLC (“AppGuard”), a corporation organized under the laws of Delaware engaged in providing anti-malware software for Windows devices, for the purpose of promoting AppGuard’s relevant capabilities, products and/or service solutions, and pursuant to which AppGuard will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with AppGuard, and delivered through the Company or a AppGuard-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On January 10, 2018, the Company entered into a Strategic Alliance Agreement with Fazync LLC (“Fazync”), a Colorado limited liability company engaged in providing energy-saving solutions and capabilities to the Critical Infrastructure/Key Resources arena, for the purpose of promoting Fazync’s relevant capabilities, products and/or service solutions, and pursuant to which Fazync will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Fazync, and delivered through the Company or a Fazync-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On February 15, 2018, the Company entered into a Strategic Alliance Agreement (the “DP Telecom Strategic Alliance Agreement”) with IEVOLV Ventures, Inc., a California corporation engaged in providing turnkey telecom services (“IEVOLV”), and with DP Telecom Inc., a Wyoming corporation engaged in providing telecommunications implementation support for turn-key vendors with a focus on electrical and ground-based projects while providing logistical management for strategic partners in the northern California market (“DP Telecom” and together with IEVOLV the “MAP Partners”), for the purpose of promoting the MAP Partners’ relevant capabilities, products and/or service solutions, and pursuant to which the MAP Partners will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project net profit for clients introduced by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Pursuant to the DP Telecom Strategic Alliance Agreement, the parties also agreed that the Company would make every reasonable effort to fund $200,000 to DP Telecom within 60 days pursuant to a Credit Agreement attached to the DP Telecom Strategic Alliance Agreement as Exhibit A (the “Credit Agreement”), which the MAP Partners and the Company would execute at closing of the funding (the “Closing”). At the Closing, (1) Bravatek was to fund DP Telecom $200,000, (2) DP Telecom was to execute a secured promissory note (the “Note”) and security agreement (the “Security Agreement”) in the forms attached as exhibits to the Credit Agreement, (3) IEVOLV was to execute a guaranty (the “Guaranty”) in the form attached as an exhibit to the Credit Agreement, (4) each of DP Telecom and IEVOLV were to pay Bravatek 20% of their net profits for a minimum of 6 months following the Closing, and (5) each of DP Telecom and IEVOLV were to grant the Company a right of first refusal to provide telecom services for all telecom projects that either DP Telecom or IEVOLV receive for a minimum of 6 months following Closing. On March 1, 2018, the Company remitted $25,000 to DP Telecom in exchange for a Promissory Note. Since the entire $200,000 was not funded, other than the issuance of the Promissory Note, the parties have not proceeded to Closing and executed the additional agreements that were to be executed at Closing. The Company is currently monitoring DP Telecom’s operational progress, and the parties may still proceed to Closing depending on such progress.
On March 14, 2018, the Company entered into a Strategic Alliance Agreement with OrangeHook, Inc. (“OrangeHook”), a Florida corporation engaged in the business of providing identification authentication and credentialing software, for the purpose of promoting OrangeHook’s relevant capabilities, products and/or service solutions, and pursuant to which OrangeHook will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with OrangeHook, and delivered through the Company or a OrangeHook-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
mapping to millionaires with no revenues!
talk about complete failure on all counts! 0 for 16 on the greatest map to millionaires ever!!!!!!
dark pulse deal not closed yet and on back burner!
Crucial Trak JV abandoned~!
only sale of 2017 to LIBE was fake and never happened! now tom suing?
LIBE CEO already called out tom for the broken deal, he never wanted ecrypt1 after a failed audit
On August 2, 2017, the Company entered into a Strategic Alliance Agreement, dated August 3, 2017, with ProActive IT (“ProActive”), an Illinois corporation that provides information technology products and services, designating ProActive as the Company’s sales agent for government departments/agencies/units and privately owned and publicly traded companies within the State of Illinois, and providing for the cross-promotion of the parties’ products and services. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On August 10, 2017, the Company entered into a Strategic Alliance Agreement, dated August 10, 2017, with CrucialTrak Inc. (“CrucialTrak”), a Texas corporation engaged in providing identification technology that delivers improved security with effective use of servers and workstations for the purpose of identifying those entering a building, office or other secured space. The Strategic Alliance Agreement designates the Company as the project-based business partnership channel for government departments, agencies and units for the purpose of promoting CrucialTrak’s relevant products and service solutions delivered through CrucialTrak’s designated distribution affiliate(s) or channel(s). As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On September 5, 2017, the Company entered into a Strategic Alliance Agreement with DarkPulse Technology Holdings Inc. (“DarkPulse”), a New York corporation engaged in manufacturing hardware and software based on its BOTDA (Brillouin Optical Time Domain Analysis) technology, designating the Company as DarkPulse’s project-based partnership channel for government and non-governmental departments, agencies and units, for the purpose of promoting DarkPulse’s products, and pursuant to which DarkPulse will cross-promote the Company’s products and services, and the Company will be paid sales commissions for clients introduces to DarkPulse by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 10, 2017, the Company entered into a Letter of Intent (the “LOI”) with CrucialTrak to form a joint venture entity, subject to the execution of definitive agreement(s) formalizing the joint venture, and pursuant to which the parties will use their reasonable best efforts to negotiate in good faith the definitive agreement(s), which among other standard terms and conditions, shall contain the following provisions: (1) the joint venture will be owned 65% by CrucialTrak and 35% by the Company, (2) the Company will provide the joint venture a line of credit for up to $5,000,000, repayable with annual interest not exceeding 8%, for the period of 18 months beginning November 1, 2017, and on terms mutually agreeable to the joint venture and the Company, and (3) the joint venture will have a first right of refusal on access to all formally reported projects and the right to distribute CrucialTrak’s products in the government, military and critical infrastructure/key resources market segments. During the three months ended March 31, 2018, the Company and CrucialTrak determined not to proceed in forming the joint venture.
On October 19, 2017, the Company entered into an Addendum (the “Addendum”) to the Strategic Alliance Agreement with DarkPulse, pursuant to which Addendum the Company shall receive 20% of project revenue for DarkPulse’s “Five Deployments Eurasian Mining Project,” and 10% of project revenue for two additional DarkPulse agency agreements more specifically described in the Addendum. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 25, 2017, the Company entered into a Strategic Market Alliance Agreement with NeQter Labs (“NeQter”), a New York corporation engaged in building solutions for NIST compliance needs and appliances that are designed to improve security via monitoring login access and other control services, designating the Company as NeQter’s sales agent for government departments, agencies and units and public and private small to medium-sized businesses for the purpose of promoting NeQter’s products, and pursuant to which NeQter will cross-promote the Company’s products and services, and the Company will receive a 15% discount off the purchase price of NeQter products for resale to Bravatek’s customers. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On November 1, 2017, the Company entered into a Strategic Alliance Agreement with IDdriven, Inc. (“IDdriven”), a Nevada corporation engaged in the business of providing identity and access management software to increase data security, designating the Company as IDdriven’s project-based business partnership channel for governmental and non-governmental departments, agencies and units, for the purpose of promoting IDdriven’s products, and pursuant to which IDdriven will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced to IDdriven by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with Cobweb Security Ltd (“Cobweb Security”), an Israeli corporation engaged in providing website security for small and medium businesses as well as for hosting companies, designating the Company as Cobweb Security’s project-based business partnership channel for small and medium businesses and hosting companies for the purpose of promoting Cobweb Security’s products and services, and pursuant to which Cobweb Security will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced by the Company and registered with Cobweb Security via its system, and delivered through the Company or a Cobweb Security-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with QBRICS, Inc. (“QBRICS"), a corporation organized under the laws of Delaware engaged in providing customized private blockchain platforms and solutions for governmental and non-governmental departments / agencies / units for the purpose of promoting QBRICS’s relevant capabilities, products and/or service solutions, and pursuant to which QBRICS will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with QBRICS, and delivered through the Company or a QBRICS-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Effective December 21, 2017, the Company entered into a Joint Venture Agreement (the “Agreement” or the “JV”) with The Go Eco Group, a corporation organized under the laws of the State of Nevada (“LIBE”), pursuant to which (1) the parties will form a JV limited liability company in Delaware to develop, market and sell products, services and technology based on a web-enabled Light Guard System (the “System”), (2) the JV will be owned 35% by the Company and 65% by LIBE; (3) the Company shall fund $25,000 in initial capital to the JV; and (4) the JV shall have an irrevocable royalty-free non-exclusive license to use all of LIBE’s direct and/or licensed intellectual property necessary for the JV to develop and sell the System. While LIBE has a controlling financial interest in the JV, the Company and LIBE jointly manage the JV and any significant decisions and/or actions of the JV require the mutual consent of both parties. Therefore, the Company is accounting for its 40% ownership interest in the JV using the equity method of accounting. The JV is a related party to the Company. As of March 31, 2018, the JV owes the Company $30,000, and management has recorded an allowance for doubtful accounts of $30,000. The Company has engaged a law firm to pursue the collection of the $30,000.
On January 5, 2018, the Company entered into a Strategic Alliance Agreement with AppGuard LLC (“AppGuard”), a corporation organized under the laws of Delaware engaged in providing anti-malware software for Windows devices, for the purpose of promoting AppGuard’s relevant capabilities, products and/or service solutions, and pursuant to which AppGuard will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with AppGuard, and delivered through the Company or a AppGuard-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On January 10, 2018, the Company entered into a Strategic Alliance Agreement with Fazync LLC (“Fazync”), a Colorado limited liability company engaged in providing energy-saving solutions and capabilities to the Critical Infrastructure/Key Resources arena, for the purpose of promoting Fazync’s relevant capabilities, products and/or service solutions, and pursuant to which Fazync will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Fazync, and delivered through the Company or a Fazync-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On February 15, 2018, the Company entered into a Strategic Alliance Agreement (the “DP Telecom Strategic Alliance Agreement”) with IEVOLV Ventures, Inc., a California corporation engaged in providing turnkey telecom services (“IEVOLV”), and with DP Telecom Inc., a Wyoming corporation engaged in providing telecommunications implementation support for turn-key vendors with a focus on electrical and ground-based projects while providing logistical management for strategic partners in the northern California market (“DP Telecom” and together with IEVOLV the “MAP Partners”), for the purpose of promoting the MAP Partners’ relevant capabilities, products and/or service solutions, and pursuant to which the MAP Partners will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project net profit for clients introduced by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Pursuant to the DP Telecom Strategic Alliance Agreement, the parties also agreed that the Company would make every reasonable effort to fund $200,000 to DP Telecom within 60 days pursuant to a Credit Agreement attached to the DP Telecom Strategic Alliance Agreement as Exhibit A (the “Credit Agreement”), which the MAP Partners and the Company would execute at closing of the funding (the “Closing”). At the Closing, (1) Bravatek was to fund DP Telecom $200,000, (2) DP Telecom was to execute a secured promissory note (the “Note”) and security agreement (the “Security Agreement”) in the forms attached as exhibits to the Credit Agreement, (3) IEVOLV was to execute a guaranty (the “Guaranty”) in the form attached as an exhibit to the Credit Agreement, (4) each of DP Telecom and IEVOLV were to pay Bravatek 20% of their net profits for a minimum of 6 months following the Closing, and (5) each of DP Telecom and IEVOLV were to grant the Company a right of first refusal to provide telecom services for all telecom projects that either DP Telecom or IEVOLV receive for a minimum of 6 months following Closing. On March 1, 2018, the Company remitted $25,000 to DP Telecom in exchange for a Promissory Note. Since the entire $200,000 was not funded, other than the issuance of the Promissory Note, the parties have not proceeded to Closing and executed the additional agreements that were to be executed at Closing. The Company is currently monitoring DP Telecom’s operational progress, and the parties may still proceed to Closing depending on such progress.
On March 14, 2018, the Company entered into a Strategic Alliance Agreement with OrangeHook, Inc. (“OrangeHook”), a Florida corporation engaged in the business of providing identification authentication and credentialing software, for the purpose of promoting OrangeHook’s relevant capabilities, products and/or service solutions, and pursuant to which OrangeHook will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with OrangeHook, and delivered through the Company or a OrangeHook-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On March 28, 2018, the Company entered into a Strategic Alliance Agreement with Center for Threat Intelligence, LLC (“Center”), a Washington limited liability company engaged in the business of providing critical threat intelligence training, for the purpose of promoting Center’s relevant capabilities, products and/or service solutions, and pursuant to which Center will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Center, and delivered through the Company or a Center-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
okay he gets a pass on the last 2 as they were formed at the end of the quarter lol
how do you sell cyber security anything with no headquarters and no employees? market is flooded with robust products supported by multi-thousand employee companies lol consumers don't need a new security product
He has not taken on such toxic debt for YEARS now.
what??? no such thing!
So what's your thoughts on his involvement with DP TELECOM? He did put in $200k to finance the start up
Or BLOCKCHAIN ENERGY (VTXB)? He's also part of that
Tom needs $4,000,000 for the next 12 months...help him out!
Currently, we have limited operating capital. The Company anticipates that it will require approximately $4,000,000 of working capital to complete all of its desired business activity during the next twelve months. The Company has earned limited revenue from its business operations. Our current capital and our other existing resources will be sufficient only to provide a limited amount of working capital, and, to date, the revenues generated from our business operations have not been sufficient to fund our operations or planned growth. As noted above, we will likely require additional capital to continue to operate our business, and to further expand our business. We may be unable to obtain the additional capital required. Our inability to generate capital or raise additional funds when required will have a negative impact on our operations, business development and financial results.
where is he gonna get $4 million dollars roflmao
don't give him any ideas...
Tom's increasingly desperate to pump his failing "company". Maybe he can reverse triangle back-flip somersault merge with a Chinese blockchain crypto-pot coin developing stem-cell cancer cures.
mapping to millionaires with no revenues!
talk about complete failure on all counts! 0 for 16 on the greatest map to millionaires ever!!!!!!
dark pulse deal not closed yet and on back burner!
only sale of 2017 to LIBE was fake and never happened! now tom suing?
LIBE CEO already called out tom for the broken deal, he never wanted ecrypt1 after it failed an audit
On August 2, 2017, the Company entered into a Strategic Alliance Agreement, dated August 3, 2017, with ProActive IT (“ProActive”), an Illinois corporation that provides information technology products and services, designating ProActive as the Company’s sales agent for government departments/agencies/units and privately owned and publicly traded companies within the State of Illinois, and providing for the cross-promotion of the parties’ products and services. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On August 10, 2017, the Company entered into a Strategic Alliance Agreement, dated August 10, 2017, with CrucialTrak Inc. (“CrucialTrak”), a Texas corporation engaged in providing identification technology that delivers improved security with effective use of servers and workstations for the purpose of identifying those entering a building, office or other secured space. The Strategic Alliance Agreement designates the Company as the project-based business partnership channel for government departments, agencies and units for the purpose of promoting CrucialTrak’s relevant products and service solutions delivered through CrucialTrak’s designated distribution affiliate(s) or channel(s). As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On September 5, 2017, the Company entered into a Strategic Alliance Agreement with DarkPulse Technology Holdings Inc. (“DarkPulse”), a New York corporation engaged in manufacturing hardware and software based on its BOTDA (Brillouin Optical Time Domain Analysis) technology, designating the Company as DarkPulse’s project-based partnership channel for government and non-governmental departments, agencies and units, for the purpose of promoting DarkPulse’s products, and pursuant to which DarkPulse will cross-promote the Company’s products and services, and the Company will be paid sales commissions for clients introduces to DarkPulse by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 10, 2017, the Company entered into a Letter of Intent (the “LOI”) with CrucialTrak to form a joint venture entity, subject to the execution of definitive agreement(s) formalizing the joint venture, and pursuant to which the parties will use their reasonable best efforts to negotiate in good faith the definitive agreement(s), which among other standard terms and conditions, shall contain the following provisions: (1) the joint venture will be owned 65% by CrucialTrak and 35% by the Company, (2) the Company will provide the joint venture a line of credit for up to $5,000,000, repayable with annual interest not exceeding 8%, for the period of 18 months beginning November 1, 2017, and on terms mutually agreeable to the joint venture and the Company, and (3) the joint venture will have a first right of refusal on access to all formally reported projects and the right to distribute CrucialTrak’s products in the government, military and critical infrastructure/key resources market segments. During the three months ended March 31, 2018, the Company and CrucialTrak determined not to proceed in forming the joint venture.
On October 19, 2017, the Company entered into an Addendum (the “Addendum”) to the Strategic Alliance Agreement with DarkPulse, pursuant to which Addendum the Company shall receive 20% of project revenue for DarkPulse’s “Five Deployments Eurasian Mining Project,” and 10% of project revenue for two additional DarkPulse agency agreements more specifically described in the Addendum. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On October 25, 2017, the Company entered into a Strategic Market Alliance Agreement with NeQter Labs (“NeQter”), a New York corporation engaged in building solutions for NIST compliance needs and appliances that are designed to improve security via monitoring login access and other control services, designating the Company as NeQter’s sales agent for government departments, agencies and units and public and private small to medium-sized businesses for the purpose of promoting NeQter’s products, and pursuant to which NeQter will cross-promote the Company’s products and services, and the Company will receive a 15% discount off the purchase price of NeQter products for resale to Bravatek’s customers. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On November 1, 2017, the Company entered into a Strategic Alliance Agreement with IDdriven, Inc. (“IDdriven”), a Nevada corporation engaged in the business of providing identity and access management software to increase data security, designating the Company as IDdriven’s project-based business partnership channel for governmental and non-governmental departments, agencies and units, for the purpose of promoting IDdriven’s products, and pursuant to which IDdriven will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced to IDdriven by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with Cobweb Security Ltd (“Cobweb Security”), an Israeli corporation engaged in providing website security for small and medium businesses as well as for hosting companies, designating the Company as Cobweb Security’s project-based business partnership channel for small and medium businesses and hosting companies for the purpose of promoting Cobweb Security’s products and services, and pursuant to which Cobweb Security will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project revenue for clients introduced by the Company and registered with Cobweb Security via its system, and delivered through the Company or a Cobweb Security-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On December 13, 2017, the Company entered into a Strategic Alliance Agreement with QBRICS, Inc. (“QBRICS"), a corporation organized under the laws of Delaware engaged in providing customized private blockchain platforms and solutions for governmental and non-governmental departments / agencies / units for the purpose of promoting QBRICS’s relevant capabilities, products and/or service solutions, and pursuant to which QBRICS will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with QBRICS, and delivered through the Company or a QBRICS-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Effective December 21, 2017, the Company entered into a Joint Venture Agreement (the “Agreement” or the “JV”) with The Go Eco Group, a corporation organized under the laws of the State of Nevada (“LIBE”), pursuant to which (1) the parties will form a JV limited liability company in Delaware to develop, market and sell products, services and technology based on a web-enabled Light Guard System (the “System”), (2) the JV will be owned 35% by the Company and 65% by LIBE; (3) the Company shall fund $25,000 in initial capital to the JV; and (4) the JV shall have an irrevocable royalty-free non-exclusive license to use all of LIBE’s direct and/or licensed intellectual property necessary for the JV to develop and sell the System. While LIBE has a controlling financial interest in the JV, the Company and LIBE jointly manage the JV and any significant decisions and/or actions of the JV require the mutual consent of both parties. Therefore, the Company is accounting for its 40% ownership interest in the JV using the equity method of accounting. The JV is a related party to the Company. As of March 31, 2018, the JV owes the Company $30,000, and management has recorded an allowance for doubtful accounts of $30,000. The Company has engaged a law firm to pursue the collection of the $30,000.
On January 5, 2018, the Company entered into a Strategic Alliance Agreement with AppGuard LLC (“AppGuard”), a corporation organized under the laws of Delaware engaged in providing anti-malware software for Windows devices, for the purpose of promoting AppGuard’s relevant capabilities, products and/or service solutions, and pursuant to which AppGuard will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with AppGuard, and delivered through the Company or a AppGuard-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On January 10, 2018, the Company entered into a Strategic Alliance Agreement with Fazync LLC (“Fazync”), a Colorado limited liability company engaged in providing energy-saving solutions and capabilities to the Critical Infrastructure/Key Resources arena, for the purpose of promoting Fazync’s relevant capabilities, products and/or service solutions, and pursuant to which Fazync will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Fazync, and delivered through the Company or a Fazync-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On February 15, 2018, the Company entered into a Strategic Alliance Agreement (the “DP Telecom Strategic Alliance Agreement”) with IEVOLV Ventures, Inc., a California corporation engaged in providing turnkey telecom services (“IEVOLV”), and with DP Telecom Inc., a Wyoming corporation engaged in providing telecommunications implementation support for turn-key vendors with a focus on electrical and ground-based projects while providing logistical management for strategic partners in the northern California market (“DP Telecom” and together with IEVOLV the “MAP Partners”), for the purpose of promoting the MAP Partners’ relevant capabilities, products and/or service solutions, and pursuant to which the MAP Partners will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 15%-20% of project net profit for clients introduced by the Company. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
Pursuant to the DP Telecom Strategic Alliance Agreement, the parties also agreed that the Company would make every reasonable effort to fund $200,000 to DP Telecom within 60 days pursuant to a Credit Agreement attached to the DP Telecom Strategic Alliance Agreement as Exhibit A (the “Credit Agreement”), which the MAP Partners and the Company would execute at closing of the funding (the “Closing”). At the Closing, (1) Bravatek was to fund DP Telecom $200,000, (2) DP Telecom was to execute a secured promissory note (the “Note”) and security agreement (the “Security Agreement”) in the forms attached as exhibits to the Credit Agreement, (3) IEVOLV was to execute a guaranty (the “Guaranty”) in the form attached as an exhibit to the Credit Agreement, (4) each of DP Telecom and IEVOLV were to pay Bravatek 20% of their net profits for a minimum of 6 months following the Closing, and (5) each of DP Telecom and IEVOLV were to grant the Company a right of first refusal to provide telecom services for all telecom projects that either DP Telecom or IEVOLV receive for a minimum of 6 months following Closing. On March 1, 2018, the Company remitted $25,000 to DP Telecom in exchange for a Promissory Note. Since the entire $200,000 was not funded, other than the issuance of the Promissory Note, the parties have not proceeded to Closing and executed the additional agreements that were to be executed at Closing. The Company is currently monitoring DP Telecom’s operational progress, and the parties may still proceed to Closing depending on such progress.
On March 14, 2018, the Company entered into a Strategic Alliance Agreement with OrangeHook, Inc. (“OrangeHook”), a Florida corporation engaged in the business of providing identification authentication and credentialing software, for the purpose of promoting OrangeHook’s relevant capabilities, products and/or service solutions, and pursuant to which OrangeHook will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with OrangeHook, and delivered through the Company or a OrangeHook-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
On March 28, 2018, the Company entered into a Strategic Alliance Agreement with Center for Threat Intelligence, LLC (“Center”), a Washington limited liability company engaged in the business of providing critical threat intelligence training, for the purpose of promoting Center’s relevant capabilities, products and/or service solutions, and pursuant to which Center will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Center, and delivered through the Company or a Center-designated distribution affiliate or sales channel. As of March 31, 2018, the Company has not recognized any revenue or expenses related to this agreement.
okay he gets a pass on the last 2 as they were formed at the end of the quarter lol