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Actually, it's pretty smart... location, location, location... and he's able to BUILD the business (wasn't making 40B when he signed the lease, right? probably not, since he's not making 40B as of 12/13/2017, that we know of - but who knows, since it's a PRIVATE company ) in a great, CONVENIENT location... and why not lease what he 'needs' when he's local, since he seems to travel a lot for business. Smart business choices... don't waste money you don't have to... smart guy! Would make a great CEO of a growing company... oh, wait... he already is.
imo
BVTK
One can only hope they will leave
imo
BVTK
Glad it was brought back up... might be others here that also didn't catch the info on the DPT strategic location! Guess I missed it when it was discussed "some time ago" (unless I just forgot ), so others might have, too...
imo
BVTK
Thank you for the confirmation that he's actually in 4B, that's great! At an estimate of 4600/month rent, then, that's not a "cheap" apartment to rent! Just because it's a "1 bathroom studio" doesn't mean he's in a "cheap" place... it's worth almost a million bucks! And he's in the convenience and strategic location of NYC! Smart location for Dennis to rent!
imo
BVTK
Info for 4B, specifically (is 4B a guess, or a fact?)... saying it's a "1 bathroom studio" paints a very shallow picture when talking about New York City. Almost a million for a studio apartment.
4B has a cost estimate of $905,610, and a rent estimate of $4,600/mo
https://www.zillow.com/homes/11-East-80th-4b-St--New-York,-NY-10075_rb/
Exactly!
imo
BVTK
If you do your DD about TC, you will find that he has been working in different capacities (including with the Government) long enough to know what is required (either directly or indirectly) to do business with the United States Government, and to know or find out what is required to do business with individual state/county/town, etc, Governments.
The man is brilliant. TC doesn't 'need' this CEO position or money from it... do your DD.
IMO, part of why he took on the challenge of BVTK is that he enjoys the challenge of taking this company from the negative spot he 'inherited' and to change it into something very successful, and he enjoys making this a world a better (and safer) place.
imo
BVTK
Did you even read my post?
BVTK
It's not unusual to do this in Government contracting... lots of companies do this... so I have confidence that Dr. Cellucci is going to be able to turn those MAPs into something really great, as business grows, since he's so well connected and successful in the business world. imo
BVTK
The BVTK MAPs remind me of a company I worked for that has MANY Government contracts. We went after a HUGE IDIQ Contract (and won a spot on it) with around 23 subcontractors under us on it ("partners"), and added more after the win... various companies with various capabilities. For folks who don't understand how some of this stuff works... that allows the PRIME to pursue work/bid on work that they would never successfully be able to bid on based on their own capabilities (in-house) using the subcontractors and their Past Performance. These MAPs really are a big deal. They open doors to bidding on solicitations (and receiving part of the $$$ because they're the Prime) and also going after non-Government work even without the capabilities, just because of the subcontractors! That company I worked for gained a significant amount of work (from that IDIQ, as well as other solicitations and sources) just because of subcontractors, for things we had NO Past Performance/capabilities in (they also had a lot of work within their own in-house capabilities, too). And as the Prime, we were still ultimately in control of the contracts/work/money, etc... It's a great situation to be in.
imo
BVTK
Depends on who quotes it.
imo
BVTK
Quote:Everything this man has done in his life equates to the Poster child example of a RAGING success. Tom is in the middle (Key word MIDDLE) of a process here. One that will ultimately emerge a raging success just like everything else hes tackled in his lifetime.
Great reminder of TC's ability to make things succeed.
imo
BVTK
Thank you for putting all those together! Great to see it all written out like that!
imo
BVTK
DPT did not say it was or was not connected to BVTK. It is not BVTK's job to correct people's assumptions, that BVTK had nothing to do with initiating. The tweet does not even say WHERE (what country) the contract would be, so who knows if it's even within the realm of the JV 8-ks?
Maybe it is, maybe it isn't.
imo
BVTK
It's not BVTK's job to police DPT... DPT tweeted that about itself, and didn't mention BVTK in that tweet. DPT also has business separate from BVTK.
I do not believe DPT is exaggerating, but regardless, it is not BVTK's job to police what DPT does with their own company business.
imo
BVTK
Tom didn't tweet that... so how is it confirmation he's desperate to dump shares?
Check your "facts".
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XMAN Member Level Wednesday, 12/06/17 10:58:49 AM
Re: TenKay post# 138625
Post #
138631
of 138632 Go
ANY TWEET OF THAT MAGNITUDE ON AN OTC STOCK IS FLAT OUT OVER DONE AND IRRESPONSIBLE. MORE LIKE CONFIRMATION TOM IS DESPERATE TO DUMP MORE SHARES!!!!!
WOW!!!!!!!!!!!!!!
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imo
BVTK
Looking forward to it!
imo
BVTK
The way these things can work is:
Once the contract is actually won, eventually work will start...
Time or work milestones have to be met...
For the DPT contracts we gain revenue from, DPT will need to invoice the customer...
The customer has a certain amount of time to pay the invoice...
Bravatek will invoice DPT...
DPT has a certain amount of time to pay the invoice...
Each invoice is for a certain amount of time or work, NOT for the WHOLE project revenue. My experience has been with monthly invoices... so once we know the revenue and the contract length, we can ESTIMATE (because it usually changes!) what the monthly invoice (if it's monthly) MIGHT be... will NOT give us exact numbers (and maybe not even close numbers!), but maybe a sort of general idea of monthly revenue from it.
I know other folks know a lot more about this than I do (I was not in the finance department), but it is a general idea of how it might work.
imo
BVTK
If I have to guess, then my guess is that he is talking with lawyers who know the OTC rules, and things will be taken care of, as he says they will. Maybe some here have never worked under laws or NDAs, or other reasons where disclosure is not allowed... some of us have. Just because something can't be announced publicly or information given to a shareholder in an email doesn't mean there's something devious going on in the background. Some people actually have integrity (Dr. Cellucci). Maybe the OTC is not used to it, but that doesn't mean it's not there.
imo
BVTK
Not sure when TC ran for any office (his brother did)? If not, then how is he a politician?
He has worked UNDER both Republican and Democratic Presidents, so he has to be very honest and possessing integrity to be asked by BOTH parties for assistance... that actually says A LOT about his character!
Being associated with politicians isn't unusual... many, many, many people in this country are associated with politicians in one way or another... even my cousin's husband is a politician! I have friends who are politicians...
Most people in this country probably personally know, work with/for, or deal with some type of politician in some sort of way.
imo
BVTK
Amazing potential here!
imo
BVTK
Guess it's that 'entitlement' attitude going around.
imo
BVTK
I am confident that TC will not share insider information with you. Just because he won't share insider information with you does not mean there is nothing going on behind the scenes. Threatening to sell (or actually selling) shares will not convince him to share insider information. He knows all the details that we don't.
imo
BVTK
It sounds like sensor manufacturing company approached DarkPulse about their products... so the company came to DarkPulse, and I don't think a sensor manufacturing company is considered government, military, or CI/KR... so it might not be part of the JV on both of those counts. Would be great, but just doesn't sound like this one might be connected to BVTK. DarkPulse also does it's own business separate from BVTK. Not completely ruling out that it was an introduction by Dr. Cellucci, but just from the few things we know, there's no way to know that.
imo
BVTK
Thank you for the invite, chris20. Looks like a great board over here.
This is Dr. Cellucci's first go-around running a penny stock company... he's NOT the typical penny stock CEO. He is used to running real world companies, and that is what he is growing Bravatek into. IMO, he doesn't have the mindset of the typical penny stock CEO, or the lack of character of many penny stock CEOs, or the selfish motives of many penny stock CEOs. IMO, the reason he took on the challenge of a penny stock company is because he saw the potential to grow this struggling company into a 'real' and 'normal' and GREAT company. He can't be judged by other penny stock CEOs' intentions, because he's got the experience, knowledge, and character of a non-OTC company CEO.
imo
BVTK
I guess call me brain-washed. I've done enough of my own, independent DD to realize that Tom knows what he's doing in making the company successful; growing pains, and all.
I don't depend on anyone else's optimism or skepticism.
imo
BVTK
I definitely drink the Kool Aid because I really think Tom is a genuine CEO, not a con; and really think that his goal is the success of the company. He knows all the details; I don't. He knows how to turn around a world class company; I don't. So I am not going to doubt or 'armchair quarterback' something he does for a living!
And his reputation in REAL LIFE is stellar. Only people who have never met him, worked with him, worked for him, done business with him/for him, etc, are saying anything negative about him. No one has presented anything here, and if it was out there, you KNOW they'd find it! To me, that says a lot about his character in real life, and how he runs a company in real life. I will trust REAL LIFE over the internet any day of the week!
imo
BVTK
ROFL... or to realize that EVERYONE probably has tons of NDAs signed, so they can't legally tell you anything! It's the government, it's security, it's contracting/subcontracting, etc...
imo
BVTK
I am just taking BVTK out of an OTC setting in my considerations of it, because Tom is not an OTC CEO, he's a real life CEO (who happened to see potential value in a company that HAPPENED TO BE an OTC stock). So when he says or does something, I don't 'wonder' about if it is true or if it's good for the long term success of the company, just like I wouldn't wonder about it if it was the CEO of Microsoft or YUM, or any other big board stock.
imo
BVTK
Read the solicitation you posted (this is for the wall CONCRETE CONSTRUCTION part of the wall)... so of course, DP wouldn't be on the award:
Description of Work:
(a) Cost Range: the Prototype TO is the minimum guarantee per the IDIQ award requirement with each IDIQ
contract having a maximum contract value not to exceed $300,000,000.
(b) NAICS Code: 236220
(c) Statement of Work: Solid Concrete Border Wall and Prototype IDIQ Design-Build Contract
(d) The Contractor shall furnish all labor, material, equipment, supervision, etc. necessary to complete the
requirements of this contract in accordance with this this solicitation/contract, and all applicable
Federal, State,
and Local laws, regulations, specifications, codes, certifications, etc., to whichever is most stringent.
See Attachment #1 for Statement of Work.
***above info is from a link on the solicitation page you posted:
https://www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=6d883f07a72d10347a0304089f00f1eb&_cview=0
imo
BVTK
Look at the top line of the solicitation you posted:
Solid Concrete Border Wall RFP
DarkPulse is the technology part, not the CONCRETE part.
imo
BVTK
Patience, discernment, and wisdom...
imo
BVTK
Processes and signatures take time with large (huge) businesses and governments in real life. Not worried.
Dr. Cellucci is NOT going to ruin a life of achievement and success by running a con business. In the REAL WORLD (outside of the impatient OTC domain of BVTK), no one has shown me one piece of evidence of criticism or negativity about him professionally or personally in his entire lifetime of achievements. No one who knows him in real life, or worked with/for him, or has done business with him has anything negative to say about him personally or in business that anyone has provided here, and if it was out there, I'm SURE someone here would have found it. I don't think it's going to start with BVTK... it is a work in progress and the end will be success... for the COMPANY. As a CEO, his goal should be the ultimate success of the company (and in time, the PPS will follow), not the daily/weekly PPS.
imo
BVTK
Or maybe lots of folks (long investors) don't want to sell so low? Because they know where this is headed in the future? And the 'quick income' folks are dwindling?
imo
BVTK long
Is today the end of all to do with the wall? Didn't think so. If something isn't effective today, doesn't mean it won't be tomorrow, or next week, etc.
imo
BVTK
TRUTH!
imo
BVTK
LOL... I'm a government contractor, and that's why I do believe what I've read!
imo
BVTK
Thank you for the info... The BVTK CEO puts out really good updates on Twitter. I like reading them to see what's up for the future of the company... no one knows better than the CEO does! He has all the inside info.
BVTK
AUSTIN, Texas, Dec. 01, 2017 (GLOBE NEWSWIRE) -- Bravatek Solutions, Inc.
http://www.globenewswire.com/news-release/2017/12/01/1216262/0/en/Bravatek-on-pace-for-record-setting-Q4-Sales-Efforts.html
not sure, but didn't think that is ihub?
BVTK