Bravatek Solutions Inc (BVTK)

[FullDeck]

It looks like Triton is just playing games...

... maybe a "class exercise", maybe something slightly more nefarious (helping pump OTC stocks for "rewards"?).

Without getting too much into the weeds, here's what Triton Funds has done to date:

Triton has inked FOUR "agreements" in the last FIVE WEEKS, according to Crunchbase:

(Where are undergrads getting this moolah? What with student loans and all!)

https://www.crunchbase.com/organization/triton-funds-llc#section-investments


The first, with "@YourGate" was seed-funding, and I'll leave it to others to see if they can find anything on that. (No SEC filings required)

The second was with APT Systems (APTY). As Tenkay previously pointed out, the deadline for the filing of the registration statement has passed, so this can be assumed dead unless APTY announces otherwise.

It was a silly deal on its face, because it called for Triton to flat-out buy 60MM shares at .01, when APTY was selling under or at that price at the time, (Of course it DID bounce a little on the announcement, so maybe someone made some change.)

But Triton DID receive a lovely parting gift just for playing- 5 Million shares of APTY! (And the crowd roars!)

SEE:
https://www.otcmarkets.com/stock/APTY/news/story?e&id=1065074

APT Systems, Inc. Announces Gift to Student-run Investment Fund Manager
To Better Finance Education and a Curriculum that Correlates with Financial Markets

SAN FRANCISCO, CA. , April 26, 2018 (GLOBE NEWSWIRE) -- APT SYSTEMS, INC., (PINK OTC: APTY) APT SYSTEMS, INC., a fully-reporting, publicly-traded, financial technology company, announced that is has gifted five million shares to benefit the student-run investment fund manager, TRITON FUNDS LLC; the donation supports the initiative founded by undergraduates from the University of California, San Diego (UC San Diego).

The third was inked with Digital Town (DGTY).

As predicted by TenKay, this deal (for up to $1,000,000!) would require

1) an effective registration statement before any stock will be purchased so that there is no selling restriction
2) the stock to be DWAC eligible so they can get it and sell within a day at most and not have to wait for certs to be deposited into their brokerage account.

Additionally, the amount(s) purchased would have to remain under 4.99% of the OS so as to avoid SEC reporting reqs.

So what's the catch here?

Well, Triton would be nuts to go through with it, given the terms:

https://backend.otcmarkets.com/otcapi/company/sec-filings/12716589/content/html#DGTW_EX102_HTM
Excerpts:

“ Purchase Price ” shall be 75% of the volume weighted average price of the Common Stock the five Trading Days prior to the Closing Date. and
Section 2.1 CAPITAL CALLS . Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Capital Call Notice from time to time, to purchase Capital Call Shares provided that the amount of Capital Call Shares shall not exceed the Beneficial Ownership Limitation set forth in Section 7.1(g).

In other words, DGTY would be able to "force" Triton to buy shares at any time, at the defined price of 75% of the VWAP of the 5 prior trading days.

Even with lightning quick reflexes and DWAC, they might not be able to flip out profitably in time.

Thus, as you can see in the screen above, Crunchbase indicates Triton has "exited" the deal, although no SEC forms have been filed.

And the fourth, of course is the announced Equity Purchase Agreement with BVTK...

"Investors" can decide for themselves how likely THAT is to actually happen...

But it WILL buy time... for more pumps, more investor "imaginations" to run wild... to bleed this dying pig dry....

(Geez, I really don't like that mental image- I LIKE pigs!)

BUYER BEWARE.