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Stock_Goodies

08/02/17 5:10 PM

#94224 RE: Volcomstone619 #94222

Would be nice if BVTK filed an 8k on this deal so we know what % of the profits they're getting and expected revenue
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bassbones

08/02/17 5:34 PM

#94242 RE: Volcomstone619 #94222

Means ZERO.. they can offer up Jimmy Hoffa and that doesn't mean NASA is going to cut Tom a check for 20 billion.....
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Oodle

08/02/17 5:43 PM

#94245 RE: Volcomstone619 #94222

I am posting this with incomplete research...
Isn't SEWP a list of companies that those with government affiliation can be on? And, doesn't SEWP get a big percentage of the contracts they get? Am I understanding this correctly?
Any insight is appreciated.
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glennbama

08/02/17 5:48 PM

#94253 RE: Volcomstone619 #94222

Let me explain something and hopefully it won't get deleted as a lot of my current opinions have. Yes, BVTK does have ACCESS to Government contracts, both DOD and NASA. However, the contract vehicle is an IDIQ contract (Indefinite Quantity/Indefinite Delivery). If you researched the contract you would find that BVTK along with several hundred other vendors are listed as POTENTIAL suppliers. Most of these vendors will never see a real dollar task order awarded from these contract because the Government usually goes to the low bidder and often times the low bidder loses their ass on the order because they bid TOO low. Furthermore, if you do bid too low the Government does not care and will put you right out of business without blinking an eye. That is how these contracts work. The real question is whether BVTK has been awarded any task orders under these contracts because if not, they are not making a dime in revenue and won't unless Uncle Sam blesses them with an order. The contracts acts like a shopping list of vendors that the Government can choose form on any given day. Lastly, a lot of these orders are for a couple hundred thousand since they like to spread the money around to keep all the hungry vendors happy. Someone close to Tommy boy needs to ask if they have been awarded any task orders under these contracts. I know if sounds good to have a Government contract but these types of contracts may or may not ever turn into real money. They do make for good PR though!!