Replies to post #144752 on Bravatek Solutions Inc (BVTK)

[foxwoodsfan]

?? This isn’t equity investing, this is toxic convertible death spiral financing. It’s the worst thing that any company could do to existing shareholders. Why do you guys continue to defend this? This CEO is bleeding you dry with every toxic deal he does.

[TenKay]

Those are issuances to the penny financiers he has been selling convertible debt to.

Those are not "equity investors" as they are buying debt not equity...they are merely converting the unpaid debt to equity and selling immediately to satisfy the notes.

And I would suggest taking a close look at this issuance and doing the math.

"On November 28, 2017, the Company issued 68,713,455 shares of common stock to Adar Bays, LLC (“Adar”) in partial satisfaction of its obligations under, and the holder's election to convert a $3,779.24 principal portion of, the Company's back-end convertible promissory note issued to Adar on December 19, 2014."

That is a conversion price of $0.000055.

The company issued of $150,000 worth of stock to satisfy a debt of $3,779.

Think about that.