AUSTIN, Texas, July 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- 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
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Media contact:
Bravatek Solutions, Inc.
info@bravatek.com
1.866.490.8590