On September 20, 2017, Bravatek Solutions, Inc. (the “Company”) entered into a Letter of Intent with HelpComm, Inc. (“HelpComm”), a telecom construction services corporation located in Manassas, Virgina, to purchase HelpComm, pursuant to which HelpComm agreed to deal exclusively with the Company regarding an acquisition of HelpComm or its assets for 60 days, and the parties agreed to the following to the following non-binding preliminary acquisition terms, subject to due diligence of the parties and the negotiation and execution of a definitive purchase agreement acceptable to both parties: The Company will acquire all outstanding capital stock of Helpcomm, and Helpcomm shall become a wholly owned subsidiary of the Company.
The Company will issue to the stockholders of Helpcomm 100,000 shares of a newly designated class of preferred stock, which preferred stock shall be non-voting prior to conversion into the Company’s common stock, and shall be convertible into 600,000,000 shares of common stock at the holder’s election so long as unissued, unreserved, and authorized common stock is available for issuance and such conversion will not result in the holder owning more than 4.99% of the issued and outstanding common stock at such time; and The Company will enter into employment agreements with two of the principals of Helpcomm, requiring the Company to compensate the principals with base salaries of $170,000 per year and $150,000 per year, with a performance bonus payable quarterly based on realized sales and actual expenses as compared to mutually agreed sales targets and budgeted expenses. The foregoing description of the agreement and its terms is qualified in its entirety by the full text of the agreement, which is filed as Exhibit 10.1 to, and incorporated by reference in, this report. ______________________________________________________________________ http://www.businessinsider.com/2018-iphone-rumors-apple-to-launch-3-new-iphones-including-low-cost-2017-11
Matt, good post, good data. I know we've had our differences on Twitter but I see you're looking at the data and facts of the situation. I commend that whether you choose to invest in BVTK or not.
Helpcomm, Inc 8760 Virginia Meadows Drive Manassas, VA 20109 Phone: ? Show Number Web: www.helpcomm.com
Helpcomm, Inc is a privately held company in Manassas, VA and is a Single Location business.
Categorized under Electrical Designers. Our records show it was established in 2002 and incorporated in VA. Current estimates show this company has an annual revenue of 6,000,000 and employs a staff of approximately 36.
Helpcomm, Inc
Phone: (703) 334-5495 Web: www.helpcomm.com Name: Johnny E Bolton Job Title: President
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