Wednesday, November 14, 2018 7:22:28 AM
https://www.sec.gov/reportspubs/investor-publications/complaintshtml.html
Some issues of concern that existing shareholders could raise:
1) Billions of shares issued over a year ago while BVTK was delinquent and Rule 144 was NOT available. Section 4(a)1 exemption was used to clear the stock for trading. Was this legal?
2) 8K issued regarding "Purchase Order" for $21 million from Darkpulse. No meaningful revenue was ever realized. Did the company mislead investors?
3) Issuance of the SINGLE Class E super voting preferred share to the CEO in exchange for eliminating $25,000 in accrued salary. Was this issuance legal?
4) BVTK says the RS is to allow the stock price to meet the requirements for listing on OTCQB in order to allow the S-1 to proceed. Share price requirement is $0.01. That means only a 1 for 100 to 1 for 500 reverse split is necessary. Why are they doing one for 1 for 10,000??? Are the INTENTIONALLY wiping out current shareholders to allow more share issuances to take place into the market?
"Harsh reality is always better than false hope"
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