Bravatek Solutions Inc (BVTK)

[mattwasson351]

PLEASE TAKE THE TIME TO READ IF YOU OWN BVTK:

I am an 18 year old investor who found BVTK back in April I began my venture by doing my DD through the CEO because who wouldn't know more about the company other than himself. This began our initial point of contact -- Tom was 100% about talking with me until I began to become a devils advocate. Let me explain:

I sent this to Tom on May 31 this year.

1)Why did you willing let the company go delinquent? Was there a driving force behind that?

2) What is taking so long for financials to become current? Yes, I understand that these things do that time but it has been quite a long time sense any financials have been released.

PART IV(3) EXPLANATION

The registrant anticipates a significant change in its results of operations for the fiscal year ended March 31, 2016, as compared to the fiscal year ended March 31, 2015....

This is what you submitted in your reasoning for why it would be late can you give me an explanation of what significant changes have occurred.

Not only that but why did you decide to change auditing firms. I called Green and Co. asking for comment and was directed back to you for comment.

3) Can you confirm the following contracts:

August 8, 2016, the Company entered into a new Master Subcontract Agreement and $8,400,000 purchase order with YKTG

August 11, 2016, the Company received a $438,000 purchase order from JWH Telecommunications Inc. relating to radio-swap tower services in Ohio.

August 11, 2016, the Company received a $2,109,942 purchase order from JWH Telecommunications Inc. relating to LTE tower services.

Can you confirm that payment has been made to Bravatek for its work? If not why hasn't payment been made and when should it be made?

4) You have stated that a R/S was bullshit and not what you wanted. Can you give me a definite answer that a R/S will not take place in the coming year?

5) Have you received any updated information on the patent pending?

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I received an email back stating I was asking for insider info. FAIR ENOUGH... SO I continue to my research without him.

Come to find out that YKTG in no longer an active company. They closed their doors last year. This is an issue EVERYONE HAS CONTINUED TO TALK ABOUT ALL THIS MONEY WE SHOULD BE GETTING when the company isn't even in business anymore and infact another company lost money dealing with them.

SEE BELOW:

(https://seekingalpha.com/filing/2941818)

Company and YKTG Solutions by providing a revolving line of credit. The line of credit is for $4.0 million and is secured by all of the assets of YKTG Solutions, YKTG, LLC and the personal guarantees by the owners of YKTG, LLC. The line of credit accrues interest at a fixed interest rate of 12% and is paid monthly. At March 31, 2016, the amount outstanding under this line of credit was $0.4 million. The management fee encompasses any interest earned on outstanding advances under the line of credit. During the three months ended March 31, 2016, the Company recognized management fees of $0.1 million as other income and interest of $2 thousand as interest income in the Consolidated Condensed Statements of Income related to the Company’s participation in the decommission project and financing provided.

The Company’s carrying value in YKTG Solutions is reflected in Investment in and loans to equity method investee in the Consolidated Condensed Balance Sheets. During the six months ended March 31, 2016, the Company advanced YKTG Solutions $0.4 million and recorded a loss from the equity method of investment of $0.1 million, which resulted in the $0.3 million carrying value at March 31, 2016. At March 31, 2016, the Company's total estimate of maximum exposure to loss as a result of its relationships YKTG Solutions was approximately $4.0 million, which represents the Company’s equity investment and available and outstanding line of credit with this entity. To help mitigate the risks associated with funding of the decommission project, the Company has obtained credit insurance for qualifying YKTG Solutions accounts receivable outstanding arising from the decommission project. In addition, the Company anticipates that during the third fiscal quarter of 2016 YKTG Solutions will enter into a $3.0 million surety payment bond whereby the Company and YKTG, LLC will be guarantors under the surety payment bond.


I understand that this is ONE contract but why would Tom allow others to talk about it, continue to use that as a pump when really he should distance himself as far from that as possible just like they did last year with another company that cause BVTK to spike up. hmmmm maybe he likes the fake news.. those bumps are also filing his pockets remember.

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Tom after this email exchange sent me on "accident" an email PDF that stated the line of credit with Carebourn Capital for 20 million dollars

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JULY 19th

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This is where TOM STATES THAT IS NOT REAL... Why would I not want it to be real people?? I want this to go up just as much as you do. The difference is I don't believe Tom's word the only thing I believe is $$$ and facts not fluff and bad debt.
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July 24th: At this point, Tom is still running around not giving us the fins and just more and more fluff and I send this

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My point in this was not to bash whatsoever but rather be attentive because at the end of the day we are believing one persons word who truly could be lying about the entire thing... Just like this post I do not expect you believe or trust me. I do not want that I just want you call your CEO and CFO and demand they get those fins out. Tom has tweeted it himself he is sitting on documents. I want to know what is being done with OUR money. Have a great trading day I hope we get a 10k soon that proves me deadass wrong and we skyrocket until then.... Go BVTK