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Thursday, March 08, 2018 9:38:17 AM
It does not appear that CrucialTrac is too interested in the Joint Venture letter of intent signed back in October. Can anyone point to any success with DP resulting from its Joint Venture with BVTK aside from the $21 million PO for a contract with an unknown (unnamed) mining company? It will be interesting to see if this PO is a receivable or actual revenue in the May FINS of course I believe BVTK will say the payments are being made in the first quarter and then we will have to wait for the next Q which should be out around June, 2018.
I believe most of the Alliances were banking on the SEWP contract which to my knowledge has produced nothing since it is totally dependent upon a SDVOB (I3) getting a contracts and subcontracting work to BVTK using one of its alliance products. Most of I3's subcontracts needs will be awarded and supported by Giant DOD contractors as that is just the way it works. The Government takes no chances with these small business set-asides. They give them contracts (guaranteed) but only if they align themselves with the big boys insofar as subcontracting. For the most part, the big boys run the effort and the SDVOB gets profit on the value added (cost incurred) by Boeing/General Dynamics/Lockheed, etc..
The next FINS will be critical for this OTC as to whether it continues as a going concern or a complete and total failure which will result in a tsunami of selling by the note holders since the cat will finally be "out of the bag"
Helpcomm is definitely be generating some revenues but by itself will never make anyone rich or likely able to break even by selling at the dismal, and likely falling PPS.
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