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From website of newly hired CPA firm:
http://www.dbrookscpa.com/palm-beach-financial-reporting.html
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The Firm has extensive expertise gained through years of experience preparing and attesting to financial statements prepared in accordance with US GAAP or IFRS. Services provided can range from advising on individual transactions to preparation of full disclosure financial statements. We specialize in assisting small public companies comply with SEC/OTC finincial reporting requirements. Examples of services provided are as follows:
* Preparation of periodic reports (10k and 10Q) and registration statements for filing with the Securities and Exchange Commission or other regulatory bodies such as the OTC or foreign exchanges.
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Good info. This is what I thought as well when I read the 8-k. If you read through the 8-k carefully, it clearly states the CPA firm Brooks has been hired to audit the statements, not start from scratch. The 8-k also states the old CPA firm has been given full permission to disclose all the work they've done until now to the new firm.
I believe Thom mentioned not too long ago that he was expecting 10-k filings to be done by end of May. I think they are on track.
NNSR ready for next leg up from recently established base here.
Thank you DB for your tireless efforts in trying to "help" others here. Your selfless efforts at posting on the NNSR board along with others like VP_LM , HY_SR, OT_TV , at almost all waking hours of your day are truely to be commended by the trading community. I know most ppl, myself included, would not be so selfless to spend their own valuable time posting on boards for stocks they are not interested in all in an effort to "benefit" others. I know that myself and others would probably spend their free time with family, friends, and a social life but you have selflessly sacrificed having a life to spend countless hours of your day to post your valuable insights to many stock boards, and that is to be truly commended and admired by everyone.
Not sure what you mean - I simply stated a fact that 10-k filings can be completed within a week for smaller companies.
Yup - this is true. Smaller companies can have their 10-k filing completed within a week. Thomas actually mentioned a few weeks ago that the holdup with getting the 10-k filed was getting their accountants paid. Apparently there were 2 CPA firms vying to provide this service and now that an agreement has been reached with Brooks, they can move forward. I believe Thom mentioned somewhere that he was hopeful stop sign would be removed this month - looks like they're on pace.
Have you actually read the 8-k ? Clearly shows Green (previous CPA) has been handling their financial statements until now and that they have been authorized to provide their information to the new CPA, Brooks.
The new CPA, Brooks, will conduct an audit of the financial statements and complete the report for the filing. 10-k filings can be completed within a week in some cases for smaller companies.
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(iv) Through our fiscal years ending March 31, 2017 and 2016, there have been no disagreements with Green on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Green would have caused them to make reference thereto in their report on the financial statements. Through the interim period from March 31, 2017, to May 15, 2017, there have been no disagreements with Green on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Green would have caused them to make reference thereto in their report on the financial statements.
(v) We have authorized Green to respond fully to the inquiries of the successor accountant.
Yup , ur probably right. His poor English grammar shows he's probably a "sweatshop" paid basher - feel sorry for him...
Learn to "read the tea leaves". Should be pretty obvious what's coming next/soon for BVTK
Removal of stop sign will firmly establish a base in copper for pps.
BVTK - stop sign coming down - get in today or you'll regret it
ETBI -
Not looking very "sunny" lately from what I've seen....
ETBI on watch list but ...
Stock hasnt't looked very "sunny" lately from what I've seen....
NNSR at established base - ready for upward trend.
Thank you DB for your tireless efforts in trying to "help" others here. Your selfless efforts at posting on the NNSR board along with others like VP_LM , HY_SR, OT_TV , at almost all waking hours of your day are truely to be commended by the trading community. I know most ppl, myself included, would not be so selfless to spend their own valuable time posting on boards for stocks they are not interested in all in an effort to "benefit" others. I know that myself and others would probably spend their free time with family, friends, and a social life but you have selflessly sacrificed having a life to spend countless hours of your day to post your valuable insights to many stock boards, and that is to be truly commended and admired by everyone.
Yup - point is u had to actively do something (go to web page) to get infected by the worm initially.
Using a virtual machine to browse potentially suspicious sites is a good way to protect ur PC
Yup, have worked in IT myself since 1996. There's no way though a company with a competent IT organization would have ports for something like SMB v.1 open between their corporate desktop environment and their actual production environment. Maybe to development/QA environments if needed (Linux/UNIX server running Samba), but production network would definitely no have ports like this open to lower environments.
The worm, once inside your network, propagates using a vulnerability in Windows systems using older SMB protocol version 1.
However, the worm initially needs to find a way into your network and actually come "alive" inside. One of these methods would be via email attachment (i.e. someone unknowingly clicks on a link in an email which actually downloads and executable file - the worm). Another method of course would be via a malicious code on web page.
Might want to "educate yourself" before you tell others to do the same lol.
"...it looks like Encrypt One will be the email server for all government agencies..."
This is probably an overly optimistic thought this early in the game - however I will admit if it gets adopted as a solution by *some* government agencies, it would be a major turning point for the company and stock pps could definitely head to silver and potentially dollars.
Can someone post the text of this article? - I think a lot of folks aren't gonna feel like subscribing just to read one article.
No. The buyout is announced as either cash (X amount of $ per share) or share buyout (e.g. 0.5 shares of buying company for each 1 share of sold company).
When the buyout is announced, you'll basically see the price of the stock move toward the buyout price until the acquisition is completed. So if company says they'll buyout for $1 per share, the stock price will move toward $1. Similar movement for share buyout as well.
Normally you'll see the price start to move before final approval of the buyout or sometimes even based on a strong rumour.
That's a good way to look at it and a smart way to play it. I don't think you can criticize anyone for taking some profit if a stock-play is already a multi-bagger. Never know what the future may bring - bad events that can affect *any* company - i.e. CEO gets hit by a car, company HQ damaged in a fire, expected contract is cancelled, etc. etc. I'm long on this stock and optimistic as well, but some ppl here seem to be assuming millions of dollars in profit is almost a guarantee lol.
I'll feel more optimistic when they finally file 10k/financials and have stop-sign removed, which they have stated they are working on and should be done soon. This is a big step in legitimizing the stock to more potential serious investors. I believe the stock could establish a base in the copper range if they get this done.
Confirmed contract revenues along with final approval of patent could then push this into silver.
I'm hoping we see some *substantial* PR releases soon (maybe this week?). The current environment with the recent cyber-attacks (and initiatives to combat such attacks) obviously set up a window for some well timed PR to be released - let's see if BVTK takes advantage of it.
CEO was recently at the Pentagon. Posted on BVTK Twitter site:
https://twitter.com/bravatek
How can CEO send this info out to just 1 person via email/etc without it being public.? Don't get me wrong - I'm long and just would like to see where CEO said this. Thx
Hi I only pop in to check on this occasionally - what are u referring to? Did something happen during weekend - CEO say something significant (link?).
Long here and have been accumulating .
I believe it would get to copper if they release 10k and get current. This would legitimize the stock to more potential investors and get more of the float in the hands of longer-term holders rather than day/flip traders. They are supposedly working on this and ppl have stated possibly by end of this month although I can't verify this (maybe someone can?).
Silver is possible if they actually start putting out 8k reports showing concrete dollar numbers from secured contracts. Also the patent they are waiting for final approval on could factor into this. There's been a lot of "smoke" regarding the potential for large contracts - just need to see if BVTK shows the actual "fire".
Market cap is only $5,681,298.56 . Use a calculator if you need to lol.
This is not bad at all, especially if BVTK continues to execute by getting current with financials, securing contracts, getting patent approval, etc.
Considering how bad the recent dilution must have "felt" like to some folks, the updated O/S and market cap is quite palatable for the stock going forward imho.
No, it's $5,681,298.56
Use a calculator if u want to verify your math lol.
Pre-market news Monday morning about something substantial (I.e. 10k/financials/stop-sign, patent, etc) would be great timing if they can pull it off
Important if ur truly long on this stock to keep a level head on both good days and bad. This will continue to be a bit of a roller coaster ride until some of the fog clears and things come into focus. If there is a real fire burning behind all the smoke we've been seeing here, copper and even silver is not unrealistic. I continue to hold as I believe they will indeed come through with 10k/financials, patent approval, and some nice contract(s).
BVTK running and looking strong today. Recent dilution appears to be over allowing for stock to finally move upward freely based on the wealth of DD out there for this stock. Potential huge penny stock story for 2017 may be in the works here
It would be really amusing/ironic if throughout all this dilution, some big player was actually accumulating all these converted notes and the float was actually getting closed to locked. Just a musing thought - don't take this too seriously lol...
The low volume is interesting though , because there is definitely still a lot of interest and buzz out there surrounding BVTK.
If you are truly "long" and accumulating for the potential here in the months ahead (not just days or a few weeks), there's really no need to be so stressed or fixated on the day-to-day activity on L2, etc. lol. I am long myself and have been accumulating myself (bought a few million myself @0.0005 and @0.0006 recently).
The way I see it, right now there is a lot of "smoke" but no verification yet of a "fire". If these or some of these things do happen...:
1) become current (10K) and remove stop
2) announce large contract(s)
3) patent is granted final approval
... then all this day-to-day stuff becomes completely irrelevant - this will go to copper and possibly even silver simply based on facts and valuation.
In regards to bearish comments here which constantly feel the need to "remind" folks that the company is not current and still has a stop sign - well, that's the reason ppl can buy this right now in the trips lol! That's the nature of speculation - buying stocks cheaper based on what you believe "will happen" rather than buying more expensive stocks based on what has "already happened". Based on the DD that is out there, I think BVTK is a great speculative purchase at these current prices, that there is really a big fire burning behind all the current "smoke". This is like splitting 8s with the dealer showing 6 - no guarantees but a good gamble. Most pink-sheets at these valuations are more like splitting 8s with the dealer showing 10/Ace lol.
Only reason be watching/monitoring L2 on this stuff is for day/flip trading purposes.
This stock could legitimately go to silver if they can get their financials current (10k) and stop sign removed. Hopefully they have been working on this and will have this roadblock removed soon. This is the one outstanding issue that can signal to potential investors that the company's turnaround is for real and that big things are indeed lining up in the future.
Adding to this - the man not only has money but also a reputation to protect. He is not going to run a penny-stock "scam" for a little extra pocket change and flush his reputation down the toilet in the process.
There's obviously no guarantee this will be a successful investment, but it should also be obvious it's no "scam" either.
PUPS - Hopefully ppl did their DD before blindly jumping into this one. Turned out to be one of the biggest penny stock scams in recent history (check their boards for more info). Glad I stayed away - hope no one got hurt too bad on this one.
BVTK - significant news out regarding non-provisional patent. Moving in pre-market, could be big today.
I believe it means the earliest date the 18 month approval process started was Aug 2015 - which would mean the patent is already in the potential time window for approval now. Someone correct me if I'm wrong as I'm not really sure/clear on this myself
BVTK - things starting to get very interesting:
https://www.cnet.com/news/new-trump-executive-order-asks-tech-execs-to-help-modernize-government/
Lots of potential here in this on IMHO.
Could someone point out where it mentions BVTK CEO on list - couldn't find it. Thx
BVTK interest seems to be picking up again based on more DD and recent tweets/buzz. Could be gearing up for a big run in upcoming days.
I own some of this but what are you talking about? Did some news just come out today that I'm not seeing?