Replies to post #83520 on Bravatek Solutions Inc (BVTK)

[samroux]

Yep. There's more to that 10-K than meets the eye. Your statement, along with statements made by some of the the posters that better understand business operations, are exactly why I reached out to Tom for the first time today. I'm curious to see how he replies to my deductions

For those that just glean the numbers and can't see deeper into what's going on here, Tom's business acumen has likely outsmarted you.

I say likely because I can't be 100% sure, but I believe some of us here are seeing Tom's greater game plan.

[TenKay]

This is the worst type of financing available. These types are referred to as "lenders of last resort". The terms of this financing are terrible even by penny standards. A 40-45% discount is bad enough but it is against the average of the lowest 3 bids over the previous 20 days. 20 days is a huge window...and it is against the bid, NOT actual trades or closing prices. Those terms tell me that even the toxic financiers aren't sure about being able to get their money back easily. Also those ACH payments are either on top of the conversion feature OR are simply a mechanism for the debt to default early.

And on top of that we learned they converted just over $900K of convertible debt and interest for over 6.7 Billion shares in the last year or so...The average conversion price was 0.000133!!!

However in May and June they ADDED $1.3 million in NEW convertible debt. Their convertible debt is going UP as recently as last month.

There is nothing behind this company. No "Series" anything financing either. This isn't pre IPO or Reg A financing. Sheesh.

It is "toxic death spiral" convertible debt financing. The worst of the worst in the penny world.

[The Penny Reaper]

Exactly what I was thinking! Stop sign!!! Better take your proceeds now! I'm not jumping in this!