We both wrong. It is a 12 month agreement that can be extended by 1 - 12 month extension. How BVTK gets paid is spelled out from 8K below. It seems the $100 million contract is made up of multiple smaller projects, but I could be wrong. It seems that way based on the wording.
BVTK will invoice monthly for payment on completed projects. BVTK will submit the invoice with DPT within the first week of each month for milestones completed the previous month. DPT shall review with BVTK and approve each invoiced amount.
It’s not $21 million each month. Lol. First assuming that Darkpulse is actually successful in negotiating a contract the TOTAL project value is stated to be $107 million. The $21.4 million would be BVTK’s “commission” which is billed on the basis of work completed by Darkpulse and Darkpulse being paid. So the $21.4 million would be billed a piece at a time on a monthly basis as Darkpulse gets paid each month over the life of the project.
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