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Thanks for this tid-bit! I didn't know that.
True dat. We need to see some earned revenue hit the books. Today's CC will basically reiterate prior SEC filings. Safe Harbor helps CEO's sleep better at night so he'll probably say whatever just to appease investors, for the short-term at least. If we don't see any revenue booked by Q2 2018 then we've got issues.
You can't borrow against a PO. It's not an asset (i.e. it's not a receivable). The revenue has not been "realized" in an accounting sense, therefore, it can't be booked as revenue/account receivable.
A P.O. in itself is simply a document in the supply chain which will, in most circumstances, lead to revenue. But lets not get ahead of ourselves.
That's a wide gap. Can your sources narrow it further?
True Dat. It's a gamble at the end of the day. I guess the dudes that know how this sub-market operates bought low and sold high on the hype and now are on to the next ticker doing the same.
Yep. Maybe this is where equity investors come into play and BVTK makes good on it's line of credit in order to
For international contracts I've seen amounts held in escrow until the project has reached a certain level of completion then funds released. But maybe then can secure a down payment. Would be nice!
Well I guess 1st the projects gotta get rolling, then Darkpulse needs to collect in order for them to pay their bills/Bravatek's commission. Our collecting revenue ultimately hinges on Darkpulse's agreements with it's clients. Will their billing be based on Completed contract method or percentage of completion...who knows? Unless those details have been disclosed I must've missed them.
Yep that makes two of us!
I guess it just depends on each investor's risk profile.
I'm of the belief that in 6 months we still won't see any revenue. It's gonna take time. If this happens, of course, the PPS will tank and folks can get in cheaper and make a nice penny if these cats are worth their weight in salt in the long run. Too much focus on instant gratification on this board.
I hope they hurry up with the wall. My wife wants to sponsor a dead-beat illegal cousin of hers. Oh shit...he's already on this side of the wall. Dang it.
Over my head bro. I slept thru that lecture in Finance class! ;)
I like the roses but want to hear about the thorns as well.
There's simply too many shares outstanding...they gotta pull back. Maybe an RS followed by a buy back. We'll find out soon enough...just speculation till then.
I agree with this scenario. I'm sure tough questions will be asked next week. Really looking forward to it.
What do you think? 25 to 1?
Yep. It's nice that our calls for a conference call have been answered. Looking forward to it.
Duly noted.
It's gonna take time. It might be 6-8 months before any revenue is earned and booked. The ink needs to dry a bit.
Despite the recent tank in PPS due to an irrational market, I just don't see someone with Tom's background and connections creating an illusion just to defraud folks out in penny land. Just doesn't make sense for someone his age and experience to go out like that. Plus he's also brought other CEO's on board.
Thanks!!
Maybe yes, the short-run PPS will suffer but this is a long-term hold. I don't expect we'll see any revenue booking until at least Q2 2018. What we need aside from Tweets and Facebooks post are investor conference calls. It's time for these CEO's to put on their big boy pants and answer some tough questions from investors.
Thanks. I still didn't see where they actually looped in BVTK.
Can you provide a link to the actual tweet posted by NCOIC?
Which meeting is that? With equity investors?
Very nice profit. Congrats and can certainly understand how the dips cut into the unrealized gains. There's so much information thrown at this board along with the uncertainty of an unproven company as well comes into play when making a decision. For the hardcore believers that have formed a cult following of sorts BVTK is a way out of the rat race so this is their lottery ticket and they will guard it against any attack. I've been in Corporate America far too long to have such child-like faith, unfortunately. If there's anything I've learned is that many CEO's will tell you what you want to hear but will do the exact opposite. At the end of the day you gotta do what's right for you.
IMO, far too many!! :)
Can't wait to start pooping green again!
I smell a massive dump coming tomorrow. Many will indeed poop their pants, if not already.
Honestly screw the Facebook and Twitter tidbits they are feeding us. If you want to play like the big dogs in Corporate America, have freaking conference calls with investors where folks can ask tough questions.
Seems like the stock price reacts positively to Twitter and Facebook but as soon as the formal filings come into play the stock tanks cause it just don't jive with the hype.
Yeah, I pooped my pants when I read that.
I disagree. The business relationship with Darkpulse is a material event, not the issuing of a purchase order. Let's talk about deals. When a company gets into debt by issuing bonds they talk about the deal and don't release PR's or 8k's when the debt comes due.
So then why even mention a PO? When you think of it, a PO is a simple procurement document in the supply chain. Why hinge a PR or an 8-K on a purchase order? A purchase order ain't really a material event or PR worthy. Companies release PR's and 8K's on noteworthy events, not on documents that will eventually support that event via internal processes. I've actually never heard of a company issue an 8K or PR on a simple PO come to think of it. Somethin' ain't jiving. I'm still long but they need to stop sending mixed signals and give us something to chew on.
Doesn't make sense that a Purchase Order would be issued and in the same breath via a PR you say we may not make any money off this purchase order. Why not wait until Dark Pulse actually starts billing for its work and then issue PO's? Seems anticlimactic and goes against the essence of what a Purchase Order represents in a business sense. Maybe I'm wrong on this.
I'm certainly counting on that. I'm holding on for the long haul. There's simply too many moving parts and too many folks involved for this to be fraudulent. I can't imagine all these CEO's from different companies getting together to pull a scam out in penny land. Given Tom's background and connections it just doesn't make sense. What these guys are doing is setting up a company that will fill a critical need; cyber security. Times have changed and the new battlefield is out in cyber-land.
And with tensions increasing by the minute with North Korea, this need is every more urgent.
This stock has tanked after every SEC filing just like clockwork. Basically, flippers looking to make a quick buck and clean exit and take their profits on to the next ticker or their neighborhood bunny ranch. They dump the stock and of course Economics 101 rears it's ugly head (i.e. High-Supply and Low-Demand), putting downward pressure on the PPS. Wash...rinse...repeat is their protocol.
Boots and Coots, great company. I wish JW hadn't sold it down the river.
I think the SEC has bigger fish to fry. Remember, this is still OTC land.
Let's just hope there's a nice pot of gold at the end of this rainbow.