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Thursday, October 12, 2017 12:07:50 PM
Bravatek simply followed the PROPER procedure... filed 8K first, issued PR second.
And the disclaimer - - "There is no guarantee that DPT’s efforts will be successful, or that BVTK will earn any revenue as a result of the PO, and BVTK invites shareholders to review the Current Report on Form 8-K filed with the SEC on October 11, 2017, for additional details regarding the PO." SIMPLE BOILERPLATE SAFE HARBOR STATEMENT THAT ANY ATTORNEY ADVISING A PUBLIC COMPANY WORTH THEIR SALT WOULD INSIST ON, FOR INCLUSION IN ANY SUCH PUBLIC STATEMENT
There was absolutely NO backpeddling... no "clarification"... nothing of the sort. Anyone who lets the spin of some posted message twist the message in yesterday's 8K and today's PR - well, they simply deserve to lose their shares and they would probably do better shooting craps in Vegas (while investors/traders make more predictable gains).
For companies trading OTC, these filings are also available on OTC Markets...
Bravatek filings on EDGAR - BVTK
https://www.sec.gov/cgi-bin/browse-edgar?company=bravatek&owner=exclude&action=getcompany
Bravatek filings on OTC Markets - BVTK
https://www.otcmarkets.com/stock/BVTK/filings
It is PROPER - per the SEC - to release the info via PR to the public AFTER the 8K is filed. The SEC is not very hard-nosed about this, as you can easily find MANY, MANY instances where penny stock companies will issue a PR immediately, when pps-popping news becomes available, PRIOR to the 8K filing - which gives a lot of control to the company to spin the news in the most positive light before the more bland and factual 8K is filed. But companies that do it in this way are always taking a risk... should there ever be an issue related to the news, where a shareholder or other stakeholder (lendor, vendor, etc.) wants to sue the company, this could be used against the company in some way.
Here you can see where Bravatek issued the PR after the 8K was filed - PROPERLY.
PR released via GlobeNewswire
https://globenewswire.com/news-release/2017/10/12/1144935/0/en/Bravatek-and-DarkPulse-Forging-Tighter-Business-Relationship.html
PR published to OTC Markets via ticker tag
https://www.otcmarkets.com/stock/BVTK/news
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