BVTK: NEW article GREAT READ: 1. New Revenues As
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Posted On: 10/26/2017 3:21:16 PM
BVTK: NEW article GREAT READ:
1. New Revenues
Asset Play
$21.4 Million Commission Not Factored into Price
Trading at discount to Assets
Bravatek Solutions Inc. (BVTK) entered into a definitive Stock Purchase Agreement with HelpComm Inc. for $2.425 million total consisting of 100,000 shares of Series D convertible preferred stock and $25,000 cash. The terms of the acquisition strongly favor BVTK and are akin to doing a non-dilutive equity offering. The company acquired a revenue producing company for preferred stock and got assets as well. The initial knee jerk reaction was likely based on the technical difficulties starting the conference call yesterday but loping about $8 mil in market cap off the company seems a little excessive.... (See More)
http://emerginggrowth.com/bravatek-solutions-...=hootsuite
1. New Revenues
Asset Play
$21.4 Million Commission Not Factored into Price
Trading at discount to Assets
Bravatek Solutions Inc. (BVTK) entered into a definitive Stock Purchase Agreement with HelpComm Inc. for $2.425 million total consisting of 100,000 shares of Series D convertible preferred stock and $25,000 cash. The terms of the acquisition strongly favor BVTK and are akin to doing a non-dilutive equity offering. The company acquired a revenue producing company for preferred stock and got assets as well. The initial knee jerk reaction was likely based on the technical difficulties starting the conference call yesterday but loping about $8 mil in market cap off the company seems a little excessive.... (See More)
http://emerginggrowth.com/bravatek-solutions-...=hootsuite
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