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My thoughts too. But maybe it is easier to prove debt collection than patent infringement?
Maybe the MMs are planning what they did to SEC*?
They could be preparing for a trial to be on the safe side and be prepared. As you know, with judges, lawsuits, expect the unexpected. Anything is possible.
That is probably why it is a telephone hearing. If the judge rules for a trial, then the lawyers will need to determine what further course of action is needed.
It would be interesting to see the actual filing - maybe SECI is requesting a trial.
A summary judgment is a final decision by the court without having a trial.
Since this is a Debt Collection lawsuit, the following would apply. They did not file a patent infringement lawsuit.
https://friedmanmurray.com/blog/debt-collection/what-is-a-summary-judgment-motion/
What is a summary judgment motion?
By Todd Murray on April 5, 2010
A summary judgment is a final decision by the court without having a trial. Debt collection lawsuits rarely go to trial and most are decided on a motion for summary judgment.
The purpose of a trial is to resolve the facts that are disputed. In other words, the jury (or judge in a court trial) listens to all the witnesses’s testimony, reviews any exhibits, and decides whose story is more believable. When someone brings a summary judgment motion, they’re arguing that all the important facts are undisputed–so there’s no need for a jury to hear testimony–and that the judge should just apply the law and make a decision. In debt collection cases, the creditor usually brings the summary judgment motion. Occasionally, it makes sense for the consumer to bring their own motion, especially in a debt buyer lawsuit where the debt buyer doesn’t have sufficient evidence.
So what should you do if the debt collection lawyer brings a summary judgment motion in your case? First, you need to figure out if there are any facts that are disputed. If there are, the judge must deny the summary judgment motion and schedule the case for trial to resolve those disputed facts. If you come up with some, you’ll need to put them in your response to the creditor’s motion. In Minnesota, a response to a summary judgment motion must be filed with the court–and sent to the creditor’s attorney–at least 9 days before the hearing. Additional time is necessary if you are going to mail your response. If you don’t file a written response, you’ll probably lose the case and the judge might not allow you to make any oral arguments at the hearing.
A summary judgment motion is probably the most difficult phase of a debt collection lawsuit for a non-lawyer to handle. You should strongly consider talking to a lawyer with experience defending debt collection lawsuits.
That would be awesome.
Must be people started thinking the same thing and started buying again. DPLS may have fins due on Wed.
Nope. We just have more faith that TC will do the right thing.
Wow, 8s are printing.
The hearing is after market hours. It is at 3 pm Mountain Time. So we will need to wait until Monday for results? or?
It is also interesting that the hearing is for debt collection. So if the defendants don't show, it is ruled for the plaintiffs.
Just a question, in light of suspension, will shareholders ever see anything? Can SECI keep everything now if it is in the gray market?
Does the gray markets apply to TESLA too?
BREAKING: Tesla shares plunge 6% after SEC charges Elon Musk and Tesla with fraud after "funding secured" tweet https://t.co/XlXZOknP8B pic.twitter.com/0tzh18Q2Ck
— CNBC Now (@CNBCnow) September 27, 2018
shorters will be extremely happy.
I hope you are right.
My guess is ETrade and PUMA. MMs not getting enough action/shares to manipulate the stock and shorters couldn't make their shorts. The price was too volatile. Etrade couldn't keep up. So halting until after Oct 5th when the potential litigation outcome hopefully is settled. I hope we get an out of court settlement sooner, but insurance and lawyers like 11th-hour settlements.
Yep. I think this stock could pop like SECI and OWCP. Cybersecurity is very important in this day and age.
I don't think it will go down that low. Someone mentioned it would go to 0003 this week and it is still holding at 0005.
I think it will go higher rather than go to 0001.
It looks like 0005 is holding. Not dropping.
It is nice to see them double their investment in BVTK. They must know more.
Brand awareness Nice to see a product and ads all over.
This company is impressing me. The software is working great. Usually, I get Norton telling me that it stopped attacks without Tuitio, but now even though I use Norton as another source of protection, I actually had no attacks.
The Tuitio software works really well and performs great.
Did you see -
https://globenewswire.com/news-release/2018/06/25/1528879/0/en/Bravatek-Launches-Tuitio-in-Concert-with-Google-Digital-Accelerator-Program.html
That will mean that BVTK will get 40% of that due to the JV. Cool.
KLMK - DarkPulse just RM with them.
Just noticed that this was CNBC! https://www.cnbc.com/2018/07/19/globe-newswire-darkpulse-inc-completes-reverse-merger-transaction.html
Wow. - Just WOW. Why would this on their site?
Thanks for posting this great article.
On a side note, if DarkPulse did not have any revenues, how could they buy a company - KLMK? After all, how could a tour guide buy a company? LOL.
I think there is much more to this and can't wait to see what B*TK and KLMK will do in the future. After all, Tom is not going to risk his reputation - no matter what other people may think. You don't get invited to be with lots of Presidents.
Chuck Brooks - Interesting Tweet - Wow. He must know something since he is one of the top influencers in CyberSecurity.
https://twitter.com/ustockpicks/status/1011288173819912192
About - https://www.linkedin.com/pulse/mayjune-activity-links-cybersecurity-homeland-security-chuck-brooks/
It is probably secret because it deals with national security. You are right.
It does take time to build a company. Most businesses like Apple, Google started in the basement or garage of the house. So I will give this company time to grow. The HelpComm acquisition certainly helps. The Triton Funds helps. The Google partnership will help. So will the government contracts. (For most government contracts, it does take time. It is not an overnight $$$) So I expect continual improvement with each set of financials.
The whale knows more. I think I will listen to the whale. Why not? I have more to gain than to lose.
This fits in well with his government network connections.
This makes a lot of sense since Dr. Celluci was the first Chief Commercialization Officer. Networking will pay off.
Dr. Cellucci served as the US Federal Government’s first ever Chief Commercialization Officer at the US Department of Homeland Security (DHS) and the White House, working directly for President George W. Bush and President Barack Obama. There he expanded the role of public-private partnerships within government and increased opportunities for cooperative research and development activities in support across government.
https://www.bloomberg.com/research/stocks/private/person.asp?personId=2728081&privcapId=50207322
I agree. With government connections that he has, this will fly soon.
Yep. Quite agree with you.
Those partnerships are not so easy like people like to believe.
CSRA has a partnership with Google too. They worked with Microsoft,and AWS before moving to Google. So I think there is potential that BVTK will move to Microsoft and AWS too.
Yep. Obviously, Google thinks Bravatek has potential with this program.
Per the program, https://venturebeat.com/2017/09/01/googles-6-month-launchpad-accelerator-is-now-open-to-startups-in-20-more-markets/
The six-month Accelerator program is aimed at established “growth-stage” startups that already have traction. It’s particularly focused on those looking to ramp things up in search of “their next million users.”
This partnership is a win-win for both BVTK and Google. It could help Google cybersecurity business.
The six-month Accelerator program is aimed at established “growth-stage” startups that already have traction. It’s particularly focused on those looking to ramp things up in search of “their next million users.”
Successful applicants attend a two-week, all-expenses-paid bootcamp in San Francisco, where they are mentored by Google’s army of managers and engineers, after which they receive equity-free support for six months, including credits toward Google products.
Quite agree. Some really big company sees value in the products. What a great vote of confidence to our products. YAY
Cool. That is awesome news. Google is looking for ways to launch into cybersecurity. What a great way to do so. Go BVTK!
That is what I believe too. I can't believe he would throw away his career and reputation. Seriously, what would be his motivation?
It took him a while to get all the pieces in place, but he has a plan and it is coming into play. At this point, he has a lot going for him. Government connections, network, internal and external cybersecurity products. It will work.
This is not one of the latest fly-by-night fad companies. This cybersecurity business is well thought out. - Inside and outside cybersecurity. Same for the computer (inside and outside). - He has a plan and it is going forward.
It takes time to build a company. Rome was not built in a day. Microsoft, Apple, Google were not built in a day or a year. Also, most of these companies started in a garage or home office. Unlike some of them, Tom actually has some network government connections, so he knows what the government is looking for in contracts. It is awesome for a small company to get a $1 Million in sales. Also, for them to acquire firms like Helpcomm. Very few companies, get that far so quickly. So I am waiting to see what unfolds.