AUSTIN, TX - June 01, 2017 - InvestorsHub NewsWire - Bravatek
Solutions, Inc. (OTCPink: BVTK) released the following letter from
the CEO to its shareholders:
Dear Valued Shareholders:
I am writing, in an open and forthright way, to address both the
opportunities and challenges before us. Many of you reach out on a
regular basis to encourage us to continue with the progress we have
demonstrated in creating top-tier, patent-pending cybersecurity
software products, tools, and systems ("Telecom tower
services").
Since the establishment of our tower services group through the
acquisition of Viking Telecom assets in June 2015, we have recently
announced the addition of Pauline Ewald to our team through a
recent Press Release. She is already developing opportunities
through our strategic partnership program in this space. We will
update you on the results of these activities shortly.
Ecrypt One continues to attract attention and interest. Since
its launch on Amazon Web Services (AWS), we have been working
diligently on placing the solution within a variety of strategic
environments. Most importantly, we have been able to attract sales
talent like Mr. Jim Brown, who will aggressively leverage our
recently announced $20B SEWP contract vehicle, as well as his
formidable contacts in the markets we target: US government,
financial institutions and healthcare firms, to close business.
Through a strategic agreement with the Network Centric
Operations Industry Consortium ("NCOIC"), NCOIC has agreed to not
only use Ecrypt One, but also provide us named sponsorships for
some of NCOIC's business engagements, present our capabilities at
NCOIC meetings such as the one recently held in May 2017, and allow
us to disseminate certain promotional pieces via their website and
mailings to their worldwide contacts.
Placing the product with the NCOIC has already provided us very
important exposure to large enterprise and government organizations
such as the Pentagon (DoD), US Department of Homeland Security
(DHS), NATO and many others. Exposure to these entities could
result in significant orders through our pilot programs, and
potentially accelerate licensing deals associated with Ecrypt One's
IP.
Although the past has not been without challenges, we are
genuinely optimistic about the future-for many reasons.
Our Board remains convinced that it is acting, and has acted,
competently and in the best interests of the Company. We have
identified multiple firms as ideal partners, and even potential
acquirers of Ecrypt One. We are, in fact, working with potential
equity partners negotiating deals. Interest in Ecrypt One is
strong, and we are exploring all opportunities and will continue to
update our shareholders on our progress. The Company completed the
development and full, rigorous testing and evaluation of the
software, and the Company launched a tower services division and
retains highly-qualified personnel to secure even more purchase
orders.
Have the Company's previous funding requirements necessitated
dilution of the Company's shareholders? Of course they have. But
the Board unfortunately pursued all other options to no avail and
proceeded as it deemed appropriate. However, you should know that
the Company strongly believes it is owed in excess of $6.1 M from
contractual obligations from others and we intend to rigorously
pursue any and all legal means to obtain these funds.
We are working tirelessly to bring on more and more qualified
crews for our telecom services business to convert our sizeable
orders into sales rapidly, knowing we must maintain the highest
quality of service to our customers. In addition, we are
aggressively pursuing more business opportunities with current and
future clients for both our cyber software products and tower
services.
We are strongly viewed as a firm with significant potential by
both equity investors/partners, as well as other firms looking to
increase their own value. We continue to attract potential equity
infusions to catapult us more rapidly in our targeted markets and
are in negotiations to consolidate debt and accept an equity
infusion.
We are poised for a successful 2017 and beyond here at Bravatek
and sincerely appreciate your continued support and feedback as we
embark on the robust business opportunities that await us.
Sincerely,
Tom
Chairman & CEO
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology telecom and
security solutions provider. The Company assists corporate entities
and governments protect their organizations against both physical
and cyber-attacks through its offering of the most technically
advanced, cost-effective and reliable security software, tools and
systems. Operating as Viking Telecom, Bravatek's telecom services
group provides top-tier telecom and tower services in emerging
commercial and government market segments.
For more information, visit www.bravatek.com
Safe Harbor Statement
This press release contains certain "forward-looking
statements", as defined in the United States Private Securities
Litigation Reform Act of 1995, that involve a number of risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and the actual results and future events could
differ materially from management's current expectations. The
economic, competitive, governmental, technological and other
factors identified in the Company's previous filings with the
Securities and Exchange Commission may cause actual results or
events to differ materially from those described in the forward
looking statements in this press release. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
1.866.490.8590