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TPT GLOBAL TECH INC - TPTW STOCK NEWS

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TPT Global Tech, Inc. (OTC PINK:TPTW) is a technology holding company based in San Diego, California, specializing in media, telecommunications, Smart City Real Estate Development, and the VüMe Live technology platform. The company operates a proprietary global digital media TV and telecommunications infrastructure platform, offering SaaS, PAAS, and UCaaS solutions to businesses worldwide.

Recently, TPT Global Tech announced partnerships and events like the "Wild and Open" concert experience on VüMe Live PPV App, the premiere of the documentary "Women In Fashion: 100 Years of Design" on Amazon Prime Video, and the live broadcast of the "Walking in Faith Overcoming Fear" amateur boxing tournament. The company is focused on compliance with the SEC and OTC Markets, demonstrating its commitment to transparency and shareholder value.

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TPT Global Tech has announced the acquisition of IST LLC, an Alabama-based construction and IT services firm, with a backlog of $9.5M in government contracts as of April 30, 2022. The transaction involves 2 million common shares issued to founder Everett Lanier, estimated to represent 10% of TPT Strategic's outstanding shares. IST's operations are expected to bolster TPT Global Tech's Tuskegee Smart City project and enhance its government contracting capabilities. IST has over 15 years of experience in the federal marketplace.

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TPT Global Tech (TPTW) announced the initiation of its Smart City project in Tuskegee, Alabama, through the acquisition of approximately 135 acres of land for $1.7M. The CEO, Stephen Thomas, signed Real Estate Sales Agreements with the Gray Family Limited Partnership and Lakeside Ranch, represented by civil rights attorney Fred Gray. The company aims to secure financing and additional land to facilitate this project, which includes negotiations with manufacturing and hotel chains.

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GloGreen Global partners with TPT Global Tech (OTCQB:TPTW) to develop a Smart City business park in Tuskegee, Alabama. This partnership aims to construct a robotic manufacturing facility, funded through an Initial Coin Offering, creating over 500 jobs by mid-2023. The site benefits from proximity to major transport hubs, enhancing supply chain logistics. GloGreen specializes in sustainable construction solutions and emphasizes innovation in real estate development, aiming to foster economic growth in the region.

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TPT Global Tech, Inc. (OTCQB:TPTW) announced that CEO Stephen J Thomas III has invested $183,000 in the Company's Series D Preferred Stock, aligning with its recent $38M Reg A+ Tier 2 offering. Additionally, he provided $150K in short-term loans to the company, with about $22,000 remaining unpaid. As of April 14, 2022, TPTW successfully exchanged $10.4M in liabilities for preferred equity, enhancing its financial position. This restructuring supports the Company's plans for future growth and a potential uplist to a major US stock exchange.

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TPT Global Tech (TPTW) has announced the exchange of $10.4 million in liabilities for Mezzanine Equity, with holders forgiving or converting amounts totaling $10,417,602 into Series E Preferred Stock. Specifically, 1,929,566 shares were issued in exchange for $9,647,832, while $769,770 was forgiven and recognized as a contribution to equity. This restructuring aims to facilitate an up-list to a major stock exchange, as stated by the Chairman and CEO Stephen Thomas.

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TPT Global Tech (OTCQB:TPTW) has entered into a reseller agreement with Siemens' Yunex, LLC to provide electric vehicle (EV) charging systems in the U.S. This collaboration aims to integrate these systems into TPT's Smart City Projects, including a potential development in Tuskegee, Alabama. With over a million EVs currently on U.S. roads, the partnership aligns with the expected rise to 18 million by 2030. TPT's CEO highlighted the agreement as a key element of their strategy to address future urban needs.

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TPT Global Tech (OTCQB:TPTW) announced the qualification of its Reg. A+ - Tier 2 offering by the SEC on March 16, 2022. This qualification allows the company to raise up to $38 million, aiming to support its growth in technology-based solutions, including telecommunications and medical technology. TPT Global Tech offers various services including SaaS and UCaaS, leveraging a private IP MPLS network. Investors can access offering details on their official website and EDGAR filings.

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TPT Global Tech (OTCBB: TPTW) has announced a significant agreement with the Government of Grenada through its Ministry of Tourism. The two-year contract establishes TPTW as a provider of COVID-19 testing and vaccination services for public and approved private events. TPT MedTech's QuikLAB portable laboratories and QuikPASS technology will be utilized for testing and verification. The first QuikLAB unit is set to open in April, with a proposed PCR testing cost of $50 per person. This marks TPTW's first governmental contract in the sector, potentially boosting its visibility and operations in the region.

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TPT Global Tech, Inc. (TPTW) has announced a Joint Partnership with the City of Tuskegee, Alabama, to develop a $200 million Smart City project. The initiative aims to create a manufacturing facility, residential living spaces, and various industries, boosting local employment and the regional economy. Funding will come from municipal bonds, tax credits, and grants. The project will utilize advanced robotics to recycle shipping containers into sustainable housing units and is expected to attract global industries like aerospace, telecommunications, and biotechnology over three years.

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TPT Global Tech, Inc. (TPTW) has signed a collaboration agreement with Divi Labs to integrate the Divi Wallet into its VϋMe super app. This anticipated launch aims to provide a comprehensive digital experience by combining social media and payment services. The integration will enhance decentralized payment features, offering services like multicoin storage and staking vaults. TPTW emphasizes the importance of user control and the ease of accessing essential services. The collaboration aligns with TPTW's goals to make cryptocurrency accessible and user-friendly.

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FAQ

What is the current stock price of TPT GLOBAL TECH (TPTW)?

The current stock price of TPT GLOBAL TECH (TPTW) is $0.000001 as of December 23, 2024.

What is the market cap of TPT GLOBAL TECH (TPTW)?

The market cap of TPT GLOBAL TECH (TPTW) is approximately 661.6K.

What does TPT Global Tech, Inc. do?

TPT Global Tech is a technology holding company based in San Diego, California, operating in media, telecommunications, Smart City Real Estate Development, and the VüMe Live technology platform.

What recent events has TPT Global Tech been involved in?

TPT Global Tech recently announced partnerships, events like the Wild and Open concert, the Women In Fashion documentary premiere, and the live broadcast of the Walking in Faith Overcoming Fear amateur boxing tournament.

What is TPT Global Tech's focus in terms of compliance?

TPT Global Tech is actively working to restore its compliance with the SEC and OTC Markets, reinforcing its dedication to transparency and adherence to regulatory standards.

TPT GLOBAL TECH INC

OTC:TPTW

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661.61k
6.57B
0.68%
Communication Equipment
Technology
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United States of America
San Diego