Bravatek In Final Negotiations
for a Conventional Financing Agreement with Robust
Forecast for Remainder of 2018
Austin, TX -- July 23, 2018 -- InvestorsHub NewsWire -- Bravatek
Solutions, Inc. (OTC
Pink: BVTK),
"Bravatek" or the "Company") announced that it is in final negotiations with a
non-convertible lender for debt-only financing. A Form 8K will be
filed upon closing of such a transaction.
The Hon., Dr. Thomas A Cellucci, CEO/Chairman
of Bravatek, stated, "One
of our primary objectives when we assumed turning around this firm
was repositioning the Company so that it could secure conventional
funding. We faced considerable challenges in securing financing for
the Company. We appreciate the support and patience of our
shareholders. We did our best to deliver on the execution of our
business plan."
Cellucci continued, "We are now at the
threshold of securing non-convertible financing, and we hope that
such financing will accelerate our growth. We have enlisted
partners such as Google, AWS and Fortune 100 customers that have
validated our strategy. For example, our wholly-owned subsidiary
HelpComm, is inundated, in a good way, with requests to fulfill
more orders from premier clients each quarter, and our new
Tuitio consumer software
product coupled with
Ecrypt One should gain
significant traction with Google's promotional activities currently
underway. We look forward to a strong finish in
2018."
Debbie King, CFO and Director of Bravatek
Solutions, added, "The completed funding agreement should provide
Bravatek a source of financing that allows expansion of our core
services and allows HelpComm, for example, to continue to rapidly
expand its relationships with customers and the size of contracts
well beyond their current operating territory and previous
constraints."
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 https://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
develop and 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.
info@bravatek.com
1.866.490.8590
