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I find your speculation unlikely :)
The misplaced expectations are endless. Companies do not exists solely for shareholder value. And things always take longer than expected. Always. This is a ground floor opportunity in an industry experiencing explosive growth. If you cannot be patient you will lose. However, if you can hang on you will get to take the ride. Its your choice. BVTK is an insane growth opportunity.. but its not going to happen overnight.
Its no problem when you have huge deals to put together along with strong interest in the company. Its not printing shares. Printing shares would fully diluting and increasing A/S.
Alpert.. Fact is you don't anything either way as to why Tom makes the decisions he makes regarding share structure. None of us do. He didn't print anything. Those were already authorized shares.. All he did is put them into action.
The purpose of a publicly traded company is to raise capital at any given time using the shares as a vehicle.. whether it be for deals, debt repayment, working capital etc etc..
Everything I've seen is completely above reproach.
1 TRILLION DOLLARS TO BE SPENT ON CYBER SECURITY BETWEEN 2017-2021.
We're in the right place at the right time.
Internet of Things
Tuesday, June 21, 2016
Worldwide Spending on Cybersecurity Forecasted to Eclipse $1 Trillion Over the Next 5 Years
Steve Morgan, Founder and CEO
Cybersecurity Ventures
Smart bettors might want to double down on cybersecurity. The latest forecast from Cybersecurity Ventures predicts worldwide spending on cybersecurity will exceed $1 trillion from 2017 to 2021. The projections, published recently in its Q2 2016 Cybersecurity Market Report, are driven by a huge increase in the costs suffered by businesses and governments globally as a result of cybercriminal activity.
It was only a year and a half ago when British insurer Lloyd’s reported that cybercrime was costing businesses $400 to $500 billion annually. Later in 2015, Juniper Research upped those numbers, stating the rapid digitization of consumers’ lives and enterprise records will increase the cost of data breaches to $2.1 trillion globally by 2019. Microsoft’s CEO, Satya Nadella, trumped both of those reports and estimated $3 trillion of market value was destroyed in 2015 as a result of cybercrime.
Cybercrime has risen by an order of magnitude over the past five years, and the IT analyst reports haven’t kept up. To be fair, tracking cybersecurity spending may be the most difficult IT category to track. Security embeds into all IT categories and is not always broken out on its own. Plus, it crosses into non-IT centric markets that include aviation, automobiles and other markets that also embed security solutions. Then there’s the billions of IoT (Internet of Things) devices with embedded security (and more often, unprotected), which has spawned a whole new genre of vendors.
Some noteworthy figures from the Q2 2016 Cybersecurity Market Report, which tie to the cybersecurity spending trend include:
J.P. Morgan Chase & Co. has doubled its cybersecurity budget from $250 million to a half-billion annually.
Bank of America states it has an “unlimited budget” when it comes to combating cybercrime.
The U.S. government has increased its annual cybersecurity budget by 35 percent, to $19 billion in 2017.
IBM Security, now a $2 billion+ business, grew by 18 percent in Q1 2016, according to Investor’s Business Daily.
BI Intelligence estimates $655 billion will be spent on cybersecurity initiatives to protect PCs, mobile devices and Internet of Things (IoT) devices between 2015 and 2020. BI breaks down the forecasted spending as follows: $386 billion spent on securing PCs; $172 billion spent on securing IoT devices; and $113 billion spent on securing mobile devices. Those numbers don’t touch on some large spend categories, which include cloud security, cyber analytics, risk management, professional services and others.
If $1 trillion over the next five years sounds big, then consider in 2004 the global cybersecurity market was worth just $3.5 billion – and by 2015 it had reached $75 billion. If the cybercrime epidemic continues, then by 2020 we might be looking at a multi-trillion dollar market.
Steve Morgan is founder and CEO at Cybersecurity Ventures and editor-in-chief of the Cybersecurity Market Report and the Cybersecurity 500 list of the world’s hottest and most innovative cybersecurity companies. Follow Steve on Twitter or connect with him on LinkedIn.
Alpert.. I'm quite objective and I hold the title of CEO for a finance company. I understand how long it takes for some deals to happen or delays in a roll out. I don't see any evidence of a scam here.. Won't you enlighten us as to your experience and outline for us factual evidence BVTK is a scam? Looking forward to your response. Thank you
This is a poor attempt to prey on the inexperienced..
It typically goes.. Proof of Concept, Pilot and then Adoption. We're 2/3rd of the way to a receivable.
Yeah what happened to the dump today?? lol
I'm not tired of the 400% profit on 20M shares BVTK has given me in less than 2 months!! I'll take more PLEASE AND THANK YOU BVTK
Cyber Security is becoming rapidly more important each day. The news cycle is packed full of cyber security stories.. happening every day now. We are at the right place at the right time for mass adoption of these technologies.. CNBC now says its a global epidemic.. And at Bravatek we've got the medicine. You take a company like ours (in its infancy) pair it with the right leadership like we have... in conditions like these.. This is Explosive.
CNBC: CYBER ATTACKS BECOMING GLOBAL EPIDEMIC
June 27th 2017
The latest global cyberattack is a reminder that the era of cyber insecurity is here, expert John Carlin told CNBC on Tuesday.
Hackers hit companies and government officials across Europe on Tuesday, causing widespread disruption.
"We are facing a global epidemic of cyberattacks because fundamentally the internet ... is not secure. The highest end actors can get into your systems if they want to," Carlin, chairman of the Aspen Institute's cybersecurity and technology program, told "Power Lunch."
Ukraine was hit hard, with serious intrusions at its power grid reported. Russia's Rosneft oil company, Danish shipping giant A.P. Moller-Maersk and British advertising agency WPP are among those companies reporting disruptions.
The Department of Homeland Security issued a statement on Tuesday, saying it is monitoring the reports and is coordinating with international and domestic cyber partners.
"We stand ready to support any request for assistance. Upon request, DHS routinely provides technical analysis and support," the agency said.
There is little information about who may be responsible for the attack, but Carlin said it is possible it could be a ransomware attack or a ransomworm, which is a combination of ransomware and a worm that replicates itself across the world.
"If you are a business — and every business these days is a tech business — you are vulnerable," said Carlin, who also chairs Morrison & Foerster's global risk and crisis management and is a former assistant attorney general for the Justice Department's national security division.
He said companies need to start rethinking their security and perhaps create a whole separate system not connected with the main system.
—CNBC's Eamon Javers and the Associated Press contributed to this report.
I hope so. Perfect loading opportunity. I'd love to pick up another 10-20 Million shares. Please let it happen!!!!!!!!!! BVTK
Thanks for pointing it out.. not a bad summary if you ask me! :)
Lol I hear you. I'm in the same camp. BVTK!!! $$
Familiar with sarcasm?
If BVTK is a joke.. Maybe you could name a stock that you recommend then.. name a penny stock that you think is clearly a better play from a risk vs reward standpoint.
So you're saying we are already trading at $1.. want to check your math on that 54 million dollars lol
You're actually very wrong. We've seen pps increase on many days with MUCH MUCH lower volume.
You're trying to score the legitimacy of a business by the phone system instead of the government contracts they're inking!!! Wow
WHAT?!?!?!?!? DHS DEAL CLOSED HOLLY SHIT!!!! Thank you for sharing.
Those disappointed by dilution etc etc.. shares are sold for working capital. That's the whole purpose of being publicly traded.. to raise capital quickly. The great news is its obvious what we're buying as shareholders as the dilution occurs with the news. He makes an announcement and then the investment. Tom's is making some very very smart telecom deals where 200k buys 40% of 6.5M in contracts with all the largest carriers. I am a lender. I make loans to middle market companies. I could never get away with the returns Tom is getting for us. Amazing returns... turning 200k in to 2.6MM.. Incredible.. So, those who don't understand will move on... shaking their heads in confusion. However, if you understand how the puzzle pieces fit together its obvious where the smart money should be... here in BVTK!
I couldn't agree more. Looking at the price action today and yesterday.. its just silly. People are misplacing their own expectations and running when they don't get epic news. There's no way in hell I'm letting go of my shares. You don't get to work with a CEO like Cellucci everyday. I'm glad he's at the helm making decisions.
SMART MONEY IS ON BVTK
I'm all about making money but this kind of talk is just goofy.
10-20 per share.. You act like they're the only cyber security company out there. let's make it to .01 cent first.
Its for working capital.
Well what about the 8 IDIQ contracts they've been awarded? What do you think those are worth being that they're indefinite delivery & quantity? In reality there's no way you can even begin to put your finger on contract award values until awards are published. Let's not waste our time with baseless speculation ;)
Yeah man.. stop sign still in place and we are still getting this price action. When it is removed shortly... hold on to your underwear! $$$
Yes.. Tom is the best CEO I've ever seen in OTC. So communicative!
Ah ok. Well good luck man.. Hope you get in before the train leaves the station.
Hope you're using etrade. Should be able to open the account wire and buy.
Per your broker?
I certainly appreciate that. Thank you
What you call dilution could very well be one tick flippers.. I have no problem with whats going on with this stock.. in fact I believe Tom has been open and communicative. I am not here to kid myself.
In my opinion and experience this ticker shows a lot of promise. I worked in government contracting for a decade before banking.. The contracts already awarded.. the fins about to be released, the leadership and connections and priced in the 000s where I bought.. An amazing opportunity in my opinion. Thank you for asking.
Higher highs and lows.. its in an uptrend.
Do you have real evidence or not?
I have a large stake in this company. I'd like to understand the basis on which you make this claim. You may or may not be correct.. What can you share with us to substantiate your claims? Much appreciated.
Exactly
With my holdings as of today that would make me as much as $100 Million.
Hard to imagine
Evidence of upside here is overwhelming but your still going to try and tell us there's nothing going on here. If one can read.. they can see opportunity written all over this ticker.