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And some would say that the difference between "hope" and "false hope" is like the difference between good and bad!!!
How's that working out for you?
You said - Feb 6, 2019
"cellucciassociates.com=BVTK=(soon)DPLS lns_eom "
I know you've seen a lot of things here so how would what you've seen with Tom compare to other stinkie pinkies. Is he among the worst or is this just to be expected here?
Shouldn't there have been an 8k to announce the decision on rescinding the Helpcomm acquisition. I have to think that was a material event given that it was the ONLY revenue that Bravatek reported.
Plus - toss in another $50 and you can be an Admiral (like Tom). :)
I guess at my age I should know now not to be astounded by anything that people do. But still - with the preponderance of evidence available that showed that Tom was running a scam - people still invested big dollars. And on top of that - vilified the very people (like you, Tenkay and many others) who were presenting the plain facts that showed how corrupt this all is.
I wonder if Chuck Brooks and Hans Holmer (as directors) are ready to go to jail for the alleged crimes. If your accountant/auditor is stating that you may have committed a crime and bails as a result it is a really bad sign.
I'm not the one trying to convince anyone of anything. I am stating facts that are well documented and verifiable. If anyone still wants to invest here after what has happened over the past 4.5 years then go for it. Not my money so not my worry.
If you had invested $30,000,000 in BVTK on the day that Tom became CEO (June 19, 2014) and held long until today - you would now have $0.73. What a brilliant CEO!!!! LOL!!!
Good catch!! That is too funny. He must have been in the same MBA class that Tom was in.
Yes - that is what I said. I wasn't predicting the future, I was recounting recent history. "Tom runs it to the ground and the Boltons will be lucky to get $250,000 out of the deal as well as no salary and all the employees laid off. " As for buying this stock - never have, never ever considered it, never will consider it. I know Tom, hired Cellucci and Associates, and learned years ago that he is a narcissistic a-hole who will disadvantage anyone to take care of himself.
I sort of feel bad for the Boltons. I am guessing that they got fooled by Tom like many others here (just in a different way). They had a relatively small lifestyle business that was providing a nice salary for the Boltons and the employees. Then a snake oil salesman offers them $2.4 million in stock plus a salary while keeping the employees on. And then Tom runs it to the ground and the Boltons will be lucky to get $250,000 out of the deal as well as no salary and all the employees laid off.
It appears that is his only flaw - if he wasn't overly humble he'd be perfect. LOL. He doesn't even know how silly and idiotic he sounds. And today's post. Can you believe he would have the gall to spout that BS!!!!!
I agree. It would also be interesting to hear whatever happened to Brad Lever and his wife (the original owners of eCrypt). Betcha they were done dirty by Tom too. Brad is on LinkedIn as well.
Yep - Cellucci did it again!!! Not his first rodeo. LOL I wonder was he the clown in his other rodeos too.
Yes - phones may not be answered. If anyone knew their email though, it would at least get a message directly to them.
As far as serious goes - yes, this is on life support. They are trying to hang on until the RS so that the note holders can convert and see liquidity so that they will issue more notes. At the end of the 3rd quarter (Sep 30th) they had only ~ $8500 in cash and no real prospects for money coming in. They did have some accounts receivable ($261K) and some of that that might have come in. It appears that are not paying their bills on time given their accounts payable were 4X AR at about $1 million. So I guess if they can collect a few receivables and keep putting off the payables then they can continue kicking the can. But it is life support. People or companies that are owed money by Bravatek are not in a very good spot and will likely be stuck. I feel bad for the poor employees who appear to be going without paychecks right before the holidays.
Do I think Cellucci feels bad? Not a bit!!! I know Cellucci from dealing with him directly when he was consulting under Cellucci and Associates. He is a total asshole who only cares about himself. It is why I think that if someone gets a discussion going with the Boltons you may find that they feel the same as I do and might be willing to spill.
Also - not sure if you caught this one for sharing with SEC:
How about this gem of June 2018. In June of 2018 Bravetek knew that its telecom business was declining (near the end of 2nd quarter) but they said in the press release below (still on their website):
Bravatek is now updating its previously announced guidance for 2018 (in a press release in February 2018) from estimated revenue between $4.7M and $5.1M for 2018 to estimated revenue between $7.5 M and 8.0 M for the telecom portion of our business, as projected by management at this time.
Bravatek says telcom revenue is increasing when it is actually decreasing
You should also try to connect with the Boltons. I would think that they are feeling pretty bitter right now after having been duped by Tom. It is likely that they won't say anything though because they may be hoping to recover some money once the RS goes through and they can dump. But it is worth a shot. If they are wise, they are already talking to their lawyers on what is possible.
Also - if they aren't careful, Tom will throw them under the bus and blame THEM for the large revenue projections.
How about this gem of June 2018. In June of 2018 Bravetek knew that its telecom business was declining (near the end of 2nd quarter) but they said in the press release below (still on their website):
Bravatek is now updating its previously announced guidance for 2018 (in a press release in February 2018) from estimated revenue between $4.7M and $5.1M for 2018 to estimated revenue between $7.5 M and 8.0 M for the telecom portion of our business, as projected by management at this time.
BVTK claims increasing telecom business
That is Tom's turnaround skill - he can take a $4 million run rate telecom service company to zero in 12 months. He only has 1 month left to completely wipe it out to maintain his track record!!!
Another sign of his poor management -
breaking in new accountants at a filing deadline and then showing them that he thinks it is okay to miss the deadline.
Also - why is Bravatek breaking in new contract accountants. They are showing no employees on the books (except Tom) so why train a contractor's employees.
Mind boggling numbers!!! So if someone who had 1 billion shares when Tom took over would have 4 shares after this latest announced RS?????
It'll be interesting to see if he reports in time. Tom is such a failure. He took Viking from a viable entity to zilch. Since he took over Helpcomm their sales have declined. On their way to failure I expect. He is co-CEO of Darkpulse which is delinquent. He has announced a 10,000:1 RS with no reduction in AS. What does he have - the Reverse-Midas touch??? Everything he touches turns to sh1t.
Unfortunately - I agree. But I think if enough shareholders followed Tenkay's advice and complained to the SEC - the RS would be disallowed and Tom would feel pain from the note holders and the Boltons.
To hope that it is great isn't delusional. It is totally rational. However, to EXPECT that it will be great would be delusional.
I, like many here, do not like to see anyone get burned by scams like this. What I would like to see is for Tom to get punished for his underhandedness.
Not that any of his cult will believe this but I actually hired Tom (through Cellucci and Associates) for a contract based upon his resume and contacts. He was atrocious and we parted ways without him completing the work he was supposed to do - but still getting paid. I discovered afterwards that his resume, contacts, and 'turnarounds' were hyperbole (at best) in most cases. In my opinion, he's a narcissist - pure and simple.
Yes - I see that now. Please feel free to delete my incorrect post. I don't believe I can.
Oh - sorry, I must have been misinformed. I thought it was actually him that told me that when I contracted him (Cellucci and Assoc.) to do a contract for my company. However, I should have checked because he told me lots of things that turned out to be fabrications or exaggerations.
Well done. That gives one the distinct impression that he never got his government job on merit. LOL. Probably had his big brother Paul (deceased - Former Governor of Mass.) put in a word for him too.
Totally agree. Looking at his departure from Zyvex it didn't sound like he had a choice. Here is what it said in Zyvex press release of June 2006:
"Zyvex announced that Thomas Cellucci is no longer with the company effective June 23rd. Cellucci will be returning to his consulting company, Cellucci Associates, Inc. Chairman and CEO James Von Ehr has reassumed the post of President."
It will be interesting to see the salaries in the upcoming 10Q. The Boltons were supposed to be getting a nice salary each. But I am guessing that cash must be getting a little tight in BVTK land. If they start saving cash by not paying out salaries in cash then I can see the Boltons getting pretty angry. They could end up with nothing for their company and no job. There won't even be anything left of BVTK to get if they sued. They are in quite a pickle.
I am beginning to think it is a bot. A simple one - but a bot all the same. How to build your own slack bot
More useless patents:
More useless patents
Hard to believe - but a 7 year old's lemonade stand would have had more revenues than was generated by Ecrypt last quarter!!!!
3z1 at ECRY would have put you before a 10:1 RS and before the subsequent 2500:1 RS. Now at .0008 - do the math!!!!
I wonder if the Bolton's have any idea how difficult it will be to shake 3 billion shares!!!! Looks like a journeyman and his son were scammed out of a reasonable lifestyle business that provided for them for 20 years or more. If you look at the salaries, other than management salaries, it looks like Helpcomm has downsized from $20,000 a month last quarter (say 3-4 people) to ~$5000 a month this quarter (maybe 1 person). That leaves the Boltons to be doing most of the physical labor. When the company eventually stops paying them because of liquidity issues - they will have no job and no company. Meanwhile Tom C. will be collecting another wage from the shareholders in Darkpulse. I would be pissed if I were the Boltons.
5th rodeo? Who knew that he was the rodeo clown!!!!
And what about the claim that Cellucci made in an email to Armour that he had 26 employees other than those at Helpcomm. How can anyone believe a word that this man says?????
I don't understand!!! In your post you said "I asked Tom and he said he had 26 not counting helpcomm...and counting" . So I assumed from that post that:
Tom states that there are 26 and counting employees (contract or otherwise) other than those at Helpcomm.
I find that hard to believe and I think it will be totally refuted in the 10Q coming up on the 14th.
In the 10Q due on August 15th I think we can all agree that Helpcomm will report somewhere between 1 and 2 million dollars. Outside of that - if Bravatek delivers say < $100,000 of other revenue (sales revenue), would you be inclined to say that Tom has been blowing smoke up our asses?
I guess Tom's high priced lawyer, the one who reviewed the PR, missed the spelling error in the title. PARTICPATE??? I'm surprised, given Tom's self-described "detail to attention".