Bravatek Solutions Inc (BVTK)

[da4483]

Bravatek Updates on Significant License Vehicle Development Progress for Alliance Partners

GlobeNewswire September 12, 2019, 9:00 AM EDT

AUSTIN, Texas, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bravatek Solutions, Inc. (OTC Pink: BVTK) (“Bravatek” or the “Company”) announced that significant progress has been made to assist our Alliance partners under Bravatek’s LVD (License Vehicle Development) model.

The LVD is a three-step process: Pre-Development, Product Development and Development of the Business Model. In the Pre-Development phase, Bravatek often uses its experience and expertise to introduce the Partner to financing partners through our network of investment bankers and financial partners. Bravatek has assisted Emmet Harvest, RMA Armament, Inc. and Attacktica, Inc. to date and has more potential partners in process.

Our strategic alliance agreements now outline a referral-only fee structure in which Bravatek receives a 5% finder’s fee for any investment into an alliance partner company. If successful, the total referral fees just for three of our partners mentioned above would be $2.55 million, which using a conservation ten (10) percent pre-tax Operating Income, would equate to $25.5 Million in Revenue.

Our process is well underway, with potential investors looking at the financial, technology and management of our Alliance Partners. In addition, Bravatek is entitled to sales commissions for products or services we sell for these Partners—increasing again the cash flow of Bravatek.

About Bravatek Solutions, Inc.

Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically advanced, cost-effective and reliable software, tools and systems.

For more information, visit https://bravatek.com