Bravatek Solutions, Inc. (OTCMKTS:BVTK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement.
On June 6, 2017, Bravatek Solutions, Inc. (the Company) entered
into a Strategic Alliance Agreement with HelpComm, Inc.
(HelpComm), a telecom construction services corporation located
in Manassas, Virgina, to which (i) the Company will provide at
least $200,000 in business expansion funding to HelpComm within
ten (10) business days of execution of the agreement, and 40% of
profits from services performed by HelpComm to receipt of the
expansion funding from the Company will be allotted to the
Company, (ii) the Company will provide HelpComm up to an
additional $100,000 of expansion funding per fiscal quarter, (ii)
HelpComm will provide job-related purchase orders to the Company
for administration, accounting and fund distribution, (iii) the
Company will provide project management and sales services to
HelpComm, and (iv) the parties will support each others marketing
and promotional efforts.
The foregoing description of the agreement and its terms is
qualified in its entirety by the full text of the agreement,
which is filed as Exhibit 10.1 to, and incorporated by reference
in, this report.
Item 9.01 Financial Statements and Exhibits.
The exhibit listed in the following Exhibit Index is filed as
part of this report:
| 10.1 |
Strategic Alliance Agreement with HelpComm dated June 6, 2017. |
|
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About Bravatek Solutions, Inc. (OTCMKTS:BVTK)
Bravatek Solutions, Inc., formerly Ecrypt Technologies, Inc., provides security, defense and information security solutions, which assist corporate entities, governments and individuals in protecting their organizations and/or critical infrastructures against error, and physical and cyber-attack. The Company is engaged in marketing and distribution of allied security, defense and information security software, hardware and services, and telecom services. The Company’s products include software, hardware and services, and span a range of industries, including e-mail security, user authentication, robotics, telecommunications and cyber breach protection. The Company’s primary business operations are focused on expanding its marketing program of allied products and services. Additionally, the Company has developed and plans to sell an enterprise-level secure e-mail software appliance named Ecrypt One. Ecrypt One is an e-mail server with integrated security technology.
