Bravatek Solutions Inc (OTCMKTS:BVTK) shares rose over 50% in one day, after the company had some notable tweets, but more on that later. First, you’ll need some background information on the company. If you have not heard of Bravatek Solutions yet, the company is a high-technology security solutions provider that focuses primarily on assisting corporate entities, governments, and individuals, in protecting their organizations against errors, as well as physical and cyber attacks.
Moving on, let’s take a look at the cyber security industry. Bravatek Solutions aims to protect various clients from cyber attacks, and it could ride the wave of growth in the cyber security industry. According to MarketsandMarkets, the cyber security market is projected to grow to $202.36B by 2021. This is primarily due to the increase in cyber attacks in industry, which included attacks on the U.S. Department of Justice, Linkedin, the Democratic National Convention, and Yahoo (two times), as well as the Central Intelligence Agency (CIA).
That in mind, nearly everyone connected to the internet is vulnerable to cyber attacks. Consequently, consumers, governments and corporate entities could place a greater emphasis on beefing up cyber security. In turn, companies like Bravatek Solutions Inc (OTCMKTS:BVTK) could benefit. This potential increase in demand could be a key driver for Bravatek Solutions Inc’s revenues, earnings, and stock price.
Not only that, but President Trump recently proposed, in his first federal budget blueprint, $1.5B for the Department of Homeland Security to protect federal networks and critical U.S. infrastructure from cyber security threats. The federal budget blueprint stated, “safeguards cyberspace with $1.5 billion for DHS activities that protect federal networks and critical infrastructure from an attack.”
Let’s get into some of the company’s tweets now. Twitter could be a good platform for companies to get information out fast to consumers and market participants. Now, if you were not following Bravatek Solutions, you may have missed some notable tweets. However, don’t worry about that, because we’ll get you up to date on that.
According to Bravatek’s Twitter page, the company stated, “BVTK Board pleased with real progress on both the software and telecom services front. Financials will be made current…No desire for RS…”
This indicated that the company could potentially have strong revenue growth due to the progress on its software and telecom services. Not only that, Bravatek also announced, on Twitter, “Ecrypt One–Bravatek’s patent-pending cybersecurity product–is ripe for the market…”
With this tweet, the company provided some indication that the company’s cybersecurity product could hit the market soon. Consequently, if there is a high demand for the product, it could potentially cause the company’s revenue and earnings to rise. However, we’ll have to wait and see when Ecrypt One will reach the market.
Moreover, the company stated, “Proud that Hans Holmer is on our Board. He was a “cyber expert” before they called it cyber!!! Strong background in the Intel Communities..” This is an indication that Bravatek Solutions Inc has a strong board with knowledge in the industry, and in turn, its board members could provide advice for the company and potentially help the company grow.
Not only that, but the company tweeted, “Bravatek’s Ecrypt One email server is widely available for purchase by customers on Amazon’s cloud platform, Amazon Web Services (AWS).” This indicates that there is strong demand for the company’s product, and consequently, this could be an indication of strong revenue growth.
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Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in BVTK stock, short or long.