Great DD and synopsis, Bitcon! I wonder how many recognized these gems in the 10k?
#BVTK Goodies are in the 10k??
There's a huge turn around evidenced in the repot. Allow me to shine light on what I speculate to be occurring:
1. These Purchase orders show considerable income for us coming in soon:
• On August 8, 2016, the Company entered into a new Master Subcontract Agreement and $8,400,000 purchase order with YKTG clarifying the terms of the Company’s previous agreement and purchase orders with YKTG for decommissioning tower services for a major telecom carrier, the identity of which the Company was unable to disclose pursuant to the prior agreements.
• On August 11, 2016, the Company received a $438,000 purchase order from JWH Telecommunications Inc. (“JWH”) relating to radio-swap tower services in Ohio.
• On August 11, 2016, the Company received a $2,109,942 purchase order from JWH relating to LTE tower services.
2. Tom’s ability to negotiate a Settlement Agreement shows we have the ability to generate fast working capital through our private equity investors to pay-off liabilities early due to the perceived payment terms under the Purchase Orders above.
• On April 21, 2017, the Company, the Company’s Chief Executive Officer, Dr. Cellucci, as “validity guarantor,” and TCA Global Credit Master Fund, LP (“TCA”) executed a settlement agreement (the ‘Settlement Agreement”). Pursuant to the Settlement Agreement, the Company agreed to pay $2,500 by April 30, 2017, $2,500 by May 31, 2017 and $405,357 on or before June 16, 2017. The Company made all required payments and was able to make the June 2017 payment from proceeds it received pursuant to the issuance of convertible promissory notes issued on June 8 and 9, 2017, described below.
Bonus 1: 3. The HelpComm deal was funded since we have private 3rd party investors. Our expansion is in hyper drive mode with Jim Brown at the helm.????
On June 6, 2017, the Company entered into a Strategic Alliance Agreement with HelpComm, Inc. (“HelpComm”), a telecom construction services corporation located in Manassas, Virginia, pursuant to which (i) the Company will provide at least $200,000 in business expansion funding to HelpComm within ten (10) business days of execution of the agreement, and 40% of profits from services performed by HelpComm pursuant to receipt of the expansion funding from the Company will be allotted to the Company, (ii) the Company will provide HelpComm up to an additional $100,000 of expansion funding per fiscal quarter, (ii) HelpComm will provide job-related purchase orders to the Company for administration, accounting and fund distribution, (iii) the Company will provide project management and sales services to HelpComm, and (iv) the parties will support each other’s marketing and promotional efforts. The Company remitted the $200,000 to HelpComm on June 26, 2017.
Synapsys: We have funds coming in via purchase orders and previously announced 8k dealings that far surpass our operating requirements and show a clear forward growth path for shareholders with private equity investor funds being leveraged to pay down future liabilities and to increase profit margins on future reports. The corner has been turned here and it appears any future dilution of stock can be avoided or delayed by 3rd party equity investments or accounts receivable. The future sure does look bright!!!! ??????
