Bravatek Solutions Inc (BVTK)

[TenKay]

I am sure everyone would love to believe it is worth more...but they sold to an OTC pink sheet for preferred stock....so their options may have been limited.

And if they believed in the future appreciation of BVTK common stock why didn’t they do the deal for it instead of preferred stock.

Because they don’t believe the stock will up. The convertible preferred protects them from ANY change in the price of the stock. As long as there is liquidity when they sell they get $2.4 million worth whether it is 0.02 or 0.0002.

I don’t know if you recall but the first iteration of this deal capped the amount of stock that could be issued under the conversion. I think it was 600 million.

That limit was removed in the final deal.