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Saturday, December 3, 2022

A Close Look at Bravatek Solutions Inc (OTCMKTS:BVTK)

Bravatek Solutions Inc (OTCMKTS:BVTK) is making an explosive move up on accelerating volume after the Company announced an LOI with construction company YKTG, LLC, for a $10-million plus decommissioning project with a major cell phone carrier.

BVTK is the new ticker symbol for ECRY the notorious promotion from Stocktips last year. The symbol change comes after a 10 for 1 reverse split affected on December 4.

Bravatek Solutions Inc (OTCMKTS:BVTK) bills itself as a high technology security solutions portfolio provider that assists corporate entities, governments and individuals to 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.

Last week, the company announced it had changed its name from Ecrypt to Bravatek. Cellucci acknowledged that this has been a big couple of weeks for the young company.

“The sales revenue related to this one project could far exceed both our shorter term, as well as our 12-month sales goals for Bravatek,” Cellucci said. “We also anticipate that our relationship with YKTG will lead to more sizable contracts.”

BVTK as ECRY is the old pick from Stocktips that began on November 19 and it took the stock from illiquid at $0.12 to the top traded stock on the entire bb’s. It topped out at $0.385 after ECRY management issued a press release distancing themselves from the $5.1 million Laluna promotion. ECRY recovered and ran to $0.505 before a negative SA article appeared and killed the momentum again.

According to the ECRY disclaimer StockTips expects to receive $5,100,000 as a marketing budget for production and distribution of ECRY marketing material from 3rd party Laluna Services, Inc.

StockTips gained fame with TGRO which ran from pennies to $1.59 a share after they announced it as their pick. They took over where APS left off with such picks as ALKM which ran from pennies to $0.50 a share and WPWR that offered spectacular gains for investors who bought in early when it ran from pennies to over $0.80.

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Earlier this year BVTK announced it is in the final stages of preparing for the release of its flagship solution, secure email server, on the Amazon Web Services (AWS) Marketplace. The Ecrypt One email server, with all its information safety and security features, will be widely available for purchase by end customers as a new cloud service option.

BVTK VP of Software, Ian Treleaven commented: “Customers of all sizes will be able to purchase and deploy our security-oriented email services with the click of a button on AWS, to take advantage of the scale and reliability of Amazon’s cloud service, while keeping their operations safe from common email-borne attacks such as phishing and tracking.”

In November BVTK announced it signed an LOI with construction company YKTG, LLC, for a $10-million plus decommissioning project with a major cell phone carrier.

Work is expected to begin later this month and continue through January 2017. Over the summer, the company said it planned to capitalize on its acquisition of Viking. As a result of this deal, the Telecom Services Division is expected to become the exclusive provider of services on the project, in which the cell carrier has been turning down its network operating in a different spectrum band in favor of its LTE services.

CEO Thomas A. Cellucci, Ph.D., MBA said “This is an important achievement for Bravatek. The large sub-contract award related to these agreements validates our Viking acquisition and verifies the execution of our business and marketing strategies.”

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Currently making an explosive move up out of sub penny land BVTK has minimal assets or revenues and fast rising short term debt. But BVTK is an exciting story in small caps; the Company just announced an LOI with construction company YKTG, LLC, for a $10-million plus decommissioning project with a major cell phone carrier and the stock has runner in its blood, ready liquidity and is fast emerging as a volume leader as it moves higher. We will be updating on BVTK when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BVTK.

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Disclosure: we hold no position in BVTK either long or short and we have not been compensated for this article.

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