Bravatek updates Shareholders on its Strategic Activities that are enabling more rapid Revenue Generation; Bravatek's strategic focus is generating revenue now with anticipated accelerated rates for remainder of 2018
AUSTIN, Texas, Feb. 22, 2018 (GLOBE NEWSWIRE) --
Via OTC PR Wire -- Bravatek Solutions, Inc. (USOTCPink:BVTK) ("Bravatek," or the "Company"
communicates with shareholders, in an open and forthright way, to address its revenues, anticipated acceleration of revenues through its acquisitions, strategic agreements and joint ventures, as well as its plans for an optimal share structure.
Many shareholders reach out on a regular basis to encourage us to continue with the genuine progress we have demonstrated in creating top-tier, patent-pending cybersecurity software products, tools, and systems (such as telecom tower services). Bravatek is indeed a security-platform company envied by others through our contract vehicles like the $20B SEWP contract vehicle and our anticipated inclusion, in short order, on the GSA IT Schedule 70.
We have identified multiple firms as ideal partners and even potential acquirers. We are, in fact, working with potential equity partners negotiating deals. The Company completed the acquisition of HelpComm, which is now presented with robust sales opportunities as well as strategic agreements and/or joint ventures with firms like DarkPulse Technologies that have enabled us to quickly provide a broad range of cybersecurity software for the enterprise, as well as consumer; tools for small, medium and large enterprises; and top-tier telecom construction and services coast-to-coast, as we just announced in a recent press release.
Dr. Thomas A. Cellucci, Bravatek's Chairman and CEO, commented: "Our Board set strategic goals for Bravatek to enhance revenue generation and accelerate growth. These strategies are working and should provide the quarter-over-quarter revenue increases our shareholders want. In addition, we are exploring several plans to significantly alter in a positive way the share structure to optimize and sustain our share price."
It was recently announced that Bravatek is moving to a December 31st fiscal year, accepting recommendations from our accountants and lawyers to align our fiscal year with our subsidiary and competitors, and to reduce costs and make future potential acquisitions easier to account for.
Bravatek is providing the following guidance for 2018, as projected by management at this time (see Note 1) for the telecom portion of our business:
Estimated Revenue between $4.7M and $5.1M
Note 1: These projections are based on management's interpretation of current activities and potential future telecom projects, and they are speculative "forward-looking statements" as described below.
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
For more information, visit www.bravatek.com
Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
1.866.490.8590
source
https://globenewswire.com/news-release/2018/0...-acce.html
AUSTIN, Texas, Feb. 22, 2018 (GLOBE NEWSWIRE) --
Via OTC PR Wire -- Bravatek Solutions, Inc. (USOTCPink:BVTK) ("Bravatek," or the "Company"
communicates with shareholders, in an open and forthright way, to address its revenues, anticipated acceleration of revenues through its acquisitions, strategic agreements and joint ventures, as well as its plans for an optimal share structure. Many shareholders reach out on a regular basis to encourage us to continue with the genuine progress we have demonstrated in creating top-tier, patent-pending cybersecurity software products, tools, and systems (such as telecom tower services). Bravatek is indeed a security-platform company envied by others through our contract vehicles like the $20B SEWP contract vehicle and our anticipated inclusion, in short order, on the GSA IT Schedule 70.
We have identified multiple firms as ideal partners and even potential acquirers. We are, in fact, working with potential equity partners negotiating deals. The Company completed the acquisition of HelpComm, which is now presented with robust sales opportunities as well as strategic agreements and/or joint ventures with firms like DarkPulse Technologies that have enabled us to quickly provide a broad range of cybersecurity software for the enterprise, as well as consumer; tools for small, medium and large enterprises; and top-tier telecom construction and services coast-to-coast, as we just announced in a recent press release.
Dr. Thomas A. Cellucci, Bravatek's Chairman and CEO, commented: "Our Board set strategic goals for Bravatek to enhance revenue generation and accelerate growth. These strategies are working and should provide the quarter-over-quarter revenue increases our shareholders want. In addition, we are exploring several plans to significantly alter in a positive way the share structure to optimize and sustain our share price."
It was recently announced that Bravatek is moving to a December 31st fiscal year, accepting recommendations from our accountants and lawyers to align our fiscal year with our subsidiary and competitors, and to reduce costs and make future potential acquisitions easier to account for.
Bravatek is providing the following guidance for 2018, as projected by management at this time (see Note 1) for the telecom portion of our business:
Estimated Revenue between $4.7M and $5.1M
Note 1: These projections are based on management's interpretation of current activities and potential future telecom projects, and they are speculative "forward-looking statements" as described below.
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
For more information, visit www.bravatek.com
Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
1.866.490.8590
source
https://globenewswire.com/news-release/2018/0...-acce.html
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