USA - Bravatek Suspended by SEC

SEC suspends $BVTK for questionable COVID-19 claims

https://www.sec.gov/litigation/suspensions/2020/34-88657-o.pdf

UNITED STATES OF AMERICA
Before theSECURITIES AND EXCHANGE COMMISSIONApril 15, 2020
In the Matter ofBravatek Solutions, Inc.File No. 500-1ORDER OF SUSPENSION OFTRADING
It appears to the Securities and Exchange Commission that the public interest and theprotection of investors require a suspension in the trading of the securities of Bravatek Solutions,Inc. (“BVTK” or “the Company”) (CIK No. 0001449574) because of questions regarding theaccuracy and adequacy of information in the marketplace since at least February 28, 2020.Those questions relate to statements BVTK made in press releases and social media posts,including its statements regarding third party tests of its partner’s disinfectant against COVID-19, its work to register the disinfectant with the EPA, and a $150 million order for the productthat it purportedly received. BVTK is a Colorado corporation with its principal place ofbusiness located in Austin, Texas.
The Company’s common stock is quoted on OTC Link(previously “Pink Sheets”), operated by OTC Markets Group Inc., under the symbol BVTK. Asof April 8, 2020, BVTK’s common stock had 10 market makers, and was eligible for the“piggyback” exception of Rule 15c2-11(f)(3) under the Securities Exchange Act of 1934.
The Commission is of the opinion that the public interest and the protection of investorsrequire a suspension of trading in the securities of the above-listed company.
THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Securities ExchangeAct of 1934, that trading in the securities of the above-listed company is suspended for theperiod from 9:30 a.m. EDT on April 16, 2020, through 11:59 p.m. EDT on April 29, 2020.
By the Commission.
Vanessa A. Countryman
Secretary