He frankly should let the public company be the first to disclose via 8K...and not announce the completion of the definitive agreement. That public disclosure is up to the pubco...not DPT.

The Depository Trust Company’s (DTC) Deposit and Withdrawal at Custodian (DWAC) service provides participants with the ability to make electronic book-entry deposits and withdrawals of eligible securities into and out of their DTC book-entry accounts using a Fast Automated Securities Transfer service (FAST) transfer agent as the distribution point.

ABOUT
DWAC allows participants to instruct DTC regarding deposit and withdrawal transactions being made directly via a FAST transfer agent. The FAST system eliminates the movement of physical securities certificates for transfers of securities registered in the name of DTC’s nominee, Cede & Co, on the transfer agent’s books. DTC and its FAST transfer agents reconcile the results of participants’ deposit and withdrawal activities electronically on a daily basis.

WHO CAN USE THE SERVICE
All DTC participants are eligible to use the service.

BENEFITS
This service leverages the book-entry capabilities established between DTC and FAST transfer agents, delivering efficiencies, risk mitigation and cost savings to participants.

HOW THE SERVICE WORKS
In order for securities to be eligible for deposit for withdrawal via the DWAC service, the issuer must use the services of a transfer agent that participates in DTC’s FAST program.

Participants submit their physical securities and/or transfer instructions for approval directly to their FAST transfer agent. When the transfer agent approves the transfer, the participant enters the transaction via the PDWC function on DTC’s Participant Terminal System (PTS), the Part Direct Deposit/Withdrawal function on DTC’s Participant Browser System (PBS), or the CF2DWX file protocol. The transfer agent then approves the transaction via the CDWC function on PTS or the TA Direct Deposit/Withdrawal function on PBS.

For DWAC deposits, the requesting participant’s position in its DTC account is increased as is DTC’s FAST balance in the issue. For DWAC withdrawals, the requesting participant’s position in its DTC account is debited, as is DTC’s FAST balance in the issue.

Bravatek to deliver needed critical infrastructure security application software for critical infrastructure space
Austin, TX -- April 12, 2018 -- InvestorsHub NewsWire -- Bravatek Solutions, Inc. (OTCPink: BVTK, "Bravatek," or the "Company") announces that it has received its first order in the amount of $121,500.00 for a major software project in the critical infrastructure security space. The customer name cannot be released due to their confidentiality request at this time.

Bravatek to deliver needed critical infrastructure security application software for critical infrastructure space
Austin, TX -- April 12, 2018 -- InvestorsHub NewsWire -- Bravatek Solutions, Inc. (OTCPink: BVTK, "Bravatek," or the "Company") announces that it has received its first order in the amount of $121,500.00 for a major software project in the critical infrastructure security space. The customer name cannot be released due to their confidentiality request at this time. Key security and communications technologies from Bravatek's Ecrypt One Cyber Security Email System will be incorporated into this solution, which Bravatek will license to this user and its end users.

T-trades like those are cover transactions being reported to the tape as net trades. What that means is that a large holder had their broker selling ‘against’ a block position all day long...smaller trades that won’t tank the pps. Those trades are all done as “short sales” and then, at the end of the day, the broker covers from their client’s block position. The reason the “cover” hits the tape is because it is done at 98.5% of the pps of the sales during the day. The broker pockets the 1.5% difference as a fee. And since the pps of the second or “offsetting” leg is different than the initial or first legs of the the transactions they have to get reported to the tape as a “net trade”. Normally broker/dealers don’t need to report the second or offsetting leg of a transaction (actually before 1999 the OTC would report both legs of every transaction and thus the volume was always double the actual number of trades).

In the case of the t-trades today just divide the t-trade pps by 0.985 and see what you get. It doesn’t usually come out clean like that pps wise because the sales during the day can be at many different prices...and they use the VWAP to calculate the t-trade price.

Also, those trades also are double counting the volume. If you subtract that type of t-trade volume you can get the open market trades during the day as those t-trades are not open market. That helps to understand just how much % wise those trades represent of the open market volume during the day.

And lastly, the reason those trades are usually dilution is retail rarely uses block position sales to sell...mostly because of the 1.5% fee. Only sophisticated large holders, penny financiers, or those holding significant discounted stock are likely to use that method.

When they fear, we are getting closer. Much closer...

§26.67 What rules determine social and economic disadvantage?
(a) Presumption of disadvantage. (1) You must rebuttably presume that citizens of the United States (or lawfully admitted permanent residents) who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, Subcontinent Asian Americans, or other minorities found to be disadvantaged by the SBA, are socially and economically disadvantaged individuals. You must require applicants to submit a signed, notarized certification that each presumptively disadvantaged owner is, in fact, socially and economically disadvantaged.

ITEM 3. LEGAL PROCEEDINGS

1. On February 20, 2001 the Pinnacle Fund L.P., Barry M. Kitt and Tom and Denise Hunse filed a lawsuit against us with respect to the purchase of a total of 230,000 shares of our common stock at $3.00 per share in a private placement transaction in February 2000. The plaintiffs sought rescission of the transaction and/or damages, including treble damages, which they allege arise out of our failure to file a registration statement on or before December 31, 2000. The lawsuit had been removed to the United States District Court for the District of Utah.

In December, 2001, the District Court in Utah approved the plaintiffs’ motion for leave to amend their pleadings to commence a lawsuit against five individual defendants (David D. Singer, an officer-director, Donald I. Wallace, a former officer-director, Malcolm Thomas, a director, Charles Taylor, a director and a former officer, Kevin Childress) and to assert an additional cause of action against them for the underlying state law securities claim against the Company, and new causes of action against the Company for breach of the implied covenant of good faith and fair dealing and promissory estoppel, and a new cause of action for fraud against Mr. Singer (which previously had been asserted against the Company initially).

The Company settled such lawsuit in December, 2002, without its admission of any wrongdoing or liability. Such settlement did not have any material adverse impact on the Company’s business or financial position.

2. Business Software Alliance (“BSA”), a trade association, asserted a claim against us during May, 2002 alleging that we had without authorization or license installed on our computers unlicensed copies of certain products published by members of BSA (in this case, Adobe Systems Incorporated and Microsoft Corporation), and that such unauthorized use constituted copyright infringement under the Federal Copyright Act. BSA alleged that we could be held liable for statutory damages on a per product basis of between $30,000 and $150,000 per product, plus reasonable attorneys fees and court costs.

We and BSA agreed to settle such claims by our payment of the sum of $54,710 in three unequal installments and our purchased of new software for the items in question. We expect such settlement agreement to be signed by BSA in the near future, although we cannot assure you of such result. If such settlement is achieved amicably, our liability thereunder will not have a material adverse effect on our business and financial condition. If such settlement is not achieved and the matter were litigated and we lost such litigation, such loss would have a material adverse effect on our business and financial condition.

3. Our landlord, WHPTRI Real Estate, L.P., filed a lawsuit against us in March 2003, in Arapahoe County, Colorado seeking to collect unpaid rent on our executive and administrative offices in Greenwood Village, Colorado of approximately $75,000 and to evict us from such premises. The court granted the plaintiff a judgment for the unpaid rent and for eviction in late April, 2003 which the landlord agreed to stay until May 7, 2003, at which point we would be evicted from our premises. If such eviction were to occur, we plan to relocate our offices to another nearby location, although no alternative space has been leased as of the date hereof.

David Singer
President/CTO, Intelligent Highway Solutions Inc
Career History
President/CTO Intelligent Highway Solutions Inc, PRESENT
Founder Amex Inc, PRESENT
Interim CEO Klever Marketing Inc, 12/2003-2/2004
Chairman/President/CEOWorld Wireless Communications Inc, 2/1997-5/2003
PresidentWorld Wireless Communications Inc, 11/1996-2/1997
President/COONavtech Inc, 7/1995-7/1996
VP:Sales & MarketingNavtech Inc, 2/1994-7/1995
PresidentHighland Energy Group Inc, 1989-1994
Navtech Inc, 1991-2/1994
Vice PresidentBank One Leasing Corp, 1985-1988
Special ConsultantSheetmetal Workers Assoc, 1983-1985
PresidentCsl Energy Controls Inc, 1977-1983

§26.67 What rules determine social and economic disadvantage?
(a) Presumption of disadvantage. (1) You must rebuttably presume that citizens of the United States (or lawfully admitted permanent residents) who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, Subcontinent Asian Americans, or other minorities found to be disadvantaged by the SBA, are socially and economically disadvantaged individuals. You must require applicants to submit a signed, notarized certification that each presumptively disadvantaged owner is, in fact, socially and economically disadvantaged.

ITEM 3. LEGAL PROCEEDINGS

1. On February 20, 2001 the Pinnacle Fund L.P., Barry M. Kitt and Tom and Denise Hunse filed a lawsuit against us with respect to the purchase of a total of 230,000 shares of our common stock at $3.00 per share in a private placement transaction in February 2000. The plaintiffs sought rescission of the transaction and/or damages, including treble damages, which they allege arise out of our failure to file a registration statement on or before December 31, 2000. The lawsuit had been removed to the United States District Court for the District of Utah.

In December, 2001, the District Court in Utah approved the plaintiffs’ motion for leave to amend their pleadings to commence a lawsuit against five individual defendants (David D. Singer, an officer-director, Donald I. Wallace, a former officer-director, Malcolm Thomas, a director, Charles Taylor, a director and a former officer, Kevin Childress) and to assert an additional cause of action against them for the underlying state law securities claim against the Company, and new causes of action against the Company for breach of the implied covenant of good faith and fair dealing and promissory estoppel, and a new cause of action for fraud against Mr. Singer (which previously had been asserted against the Company initially).

The Company settled such lawsuit in December, 2002, without its admission of any wrongdoing or liability. Such settlement did not have any material adverse impact on the Company’s business or financial position.

2. Business Software Alliance (“BSA”), a trade association, asserted a claim against us during May, 2002 alleging that we had without authorization or license installed on our computers unlicensed copies of certain products published by members of BSA (in this case, Adobe Systems Incorporated and Microsoft Corporation), and that such unauthorized use constituted copyright infringement under the Federal Copyright Act. BSA alleged that we could be held liable for statutory damages on a per product basis of between $30,000 and $150,000 per product, plus reasonable attorneys fees and court costs.

We and BSA agreed to settle such claims by our payment of the sum of $54,710 in three unequal installments and our purchased of new software for the items in question. We expect such settlement agreement to be signed by BSA in the near future, although we cannot assure you of such result. If such settlement is achieved amicably, our liability thereunder will not have a material adverse effect on our business and financial condition. If such settlement is not achieved and the matter were litigated and we lost such litigation, such loss would have a material adverse effect on our business and financial condition.

3. Our landlord, WHPTRI Real Estate, L.P., filed a lawsuit against us in March 2003, in Arapahoe County, Colorado seeking to collect unpaid rent on our executive and administrative offices in Greenwood Village, Colorado of approximately $75,000 and to evict us from such premises. The court granted the plaintiff a judgment for the unpaid rent and for eviction in late April, 2003 which the landlord agreed to stay until May 7, 2003, at which point we would be evicted from our premises. If such eviction were to occur, we plan to relocate our offices to another nearby location, although no alternative space has been leased as of the date hereof.

David Singer
President/CTO, Intelligent Highway Solutions Inc
Career History
President/CTO Intelligent Highway Solutions Inc, PRESENT
Founder Amex Inc, PRESENT
Interim CEO Klever Marketing Inc, 12/2003-2/2004
Chairman/President/CEOWorld Wireless Communications Inc, 2/1997-5/2003
PresidentWorld Wireless Communications Inc, 11/1996-2/1997
President/COONavtech Inc, 7/1995-7/1996
VP:Sales & MarketingNavtech Inc, 2/1994-7/1995
PresidentHighland Energy Group Inc, 1989-1994
Navtech Inc, 1991-2/1994
Vice PresidentBank One Leasing Corp, 1985-1988
Special ConsultantSheetmetal Workers Assoc, 1983-1985
PresidentCsl Energy Controls Inc, 1977-1983

Cellucci has served as a local volunteer firefighter for over 30 years and was commissioned as an Admiral in the Texas Navy by Governor Rick Perry in 2008.

Mandel failed to demonstrate the existence of a genuine issue of material fact, and the district court did not err in applying the law. Summary judgment on the defamation claim was appropriate. See STAR Ctrs., Inc., 644 N.W.2d at 76-77.
Affirmed.