Looks like Scamlucci is crawling out from under his rock in Kazakhstan or wherever he's been hiding...😂😂😂😂
Please see a Press Release from Bravatek below:
Bravatek CEO’s Letter to Fellow Shareholders
October 24, 2023 - AUSTIN, Texas - Bravatek Solutions, Inc. (OTCPink: BVTK) released the following letter from the CEO to its shareholders:
Dear Valued Shareholders:
I am writing, in what I hope is an open and forthright way, to provide an update on our activities and to address both the opportunities, challenges and steps we’ve taken to capitalize on our capabilities. Many of you have and continue to reach out on a regular basis to encourage us to continue our efforts to create a top-tier, patented cybersecurity software, as well as other-security related tools and services.
Ecrypt One is now a patented product generating interest and utility in today’s myriad of cybersecurity breaches and now attracts attention and interest from firms. To that end, we are presently negotiating potential licensing deals with some firms who we think see the benefit in the “whitelisting cybersecurity approach” that the National Institute of Science and Technology (NIST) advocated in many of its publications over the years as an extremely effective way to stop cyber threats.
Although the past has not been without challenges, we are genuinely optimistic about the future--for many reasons…
Despite our profound disappointment with the SEC lumping us with a broad swath of firms who falsely promoted their COVID-related capabilities which we vehemently denied, we did receive an official letter from the SEC after we provided detailed information to their inquiry, stating that we were not being prosecuted. However, once the SEC takes an action like they did, issuing a cease-trade order, it makes it very difficult for an issuer’s stock to become quoted again on the public markets. Despite this setback, we decided to continue our important work. To that end, our Board remains convinced of our capabilities and that it is acting, and has acted, in the best interests of the Company and its shareholders. We have identified multiple firms as ideal partners and even potential acquirers of Ecrypt One, with which we are in discussions. Now that we have received our patent for Ecrypt One, we are exploring opportunities and will continue to update our shareholders on our progress.
Instead of giving up, we have looked for opportunities to use our capabilities and generate revenue. The onslaught of COVID presented an opportunity for us to work as a trusted mediator/broker for large PPE (Personal Protective Equipment) deals. To that end, we have been and are still engaged in negotiating sales related to PPE like gloves. This has represented and continues to represent potential significant cash compensation to BVTK as a Buyer’s mandate for these transactions. It should also be known that during this time, we have assisted both US Federal Agencies and Interpol for sellers and/or buyers that have committed fraud. We have, and continue to be proud of how we have, helped our country rid people and firms trying to illegally capitalize on others’ misfortune and needs. Because of these transactions and our efforts, we are viewed as a trusted intermediary, and have garnered the attention of equity investors with which we are in discussions to expand our reach.
Many firms would have “given up the ship” with what we sincerely believe was unfair action taken by the SEC, from which we believe we demonstrated our technical due diligence and detailed technical record keeping. But our Board and employees are not quitters, and we plan, in consultation with our advisors, to pursue paying a dividend to our loyal shareholders in the future if permitted by law. We believe we are strongly viewed now as a private firm with significant potential by both equity investors/partners, as well as other firms looking to increase their own value. We continue to attract potential equity infusions to catapult us more rapidly in our targeted markets.
We are poised for a successful end of 2023 and beyond here at Bravatek and sincerely appreciate your continued support and feedback as we continue to “seed and harvest” the robust business opportunities that await us.
Sincerely,
Tom
Chairman & CEO
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology security solutions provider. The Company assists corporate entities and governments protect their organizations against both physical and cyber-attacks through its offering of the most technically advanced, cost-effective and reliable security software, tools, systems and services in both commercial and government market segments.
For more information, visit www.bravatek.com
Safe Harbor Statement
This press release contains certain “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
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