Bravatek Provides Shareholders an Update on its Strategic Activities Enabling More Sales
Bravatek increases revenue guidance rates for remainder of 2018
Austin, TX -- June 19, 2018 -- InvestorsHub NewsWire -- Bravatek Solutions, Inc. (OTCPink: BVTK, "Bravatek," or the "Company") again communicates with shareholders, in an open and forthright way, to address its anticipated revenue increases.
The Company continues offering both patented and patent-pending cybersecurity software products, tools, and systems (such as telecom tower services). Bravatek's recent partnership with Google and its recent announcement of anticipated product and service listings on GSA IT Schedule 70, are examples of our recognition in the marketplace.
As an example of increased business activity, Mr. Jonathan Bolton, Executive Vice-President of HelpComm, a Bravatek subsidiary, commented: "We are experiencing accelerated requests to perform work across our Telecom groupincluding more work from FirstNet with AT&T, as well as potential new work in West Virginia and the Richmond, Virginia market. We are also benefitting from Bravatek's assistance in the strategic growth of HelpComm."
Because of the demonstrable increase in Telecom activity, Bravatek is now updating its previously announced guidance for 2018 (in a press release in February 2018) from estimated revenue between $4.7M and $5.1M for 2018 to estimated revenue between $7.5 M and 8.0 M for the telecom portion of our business, as projected by management at this time (see Note 1).
The Company will update shareholders on other sectors of its business in short order after it assesses its promotional activities, for example, of its new consumer software and software partnership with Google, as well as its Joint Venture with DarkPulse, and other strategic activities.
Note 1: These projections are based on management's interpretation of current activities and potential future telecom projects, and they are speculative "forward-looking statements" as described below.
