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Agreed, however nothing moves this pps anymore. We need to see secured funding!!! Come on ST3, drop the hammer already. All signs point to you got it!!!
"Tekmovil now gains real-time access to the VuMe Super App's backend dashboard, offering insights into performance metrics, usage statistics, and real-time revenue streams stemming from TV broadcast services and in-app purchases."
I like that they are already moving forward. While this isn't "fully completed" it shows that all parties are serious, excited and moving forward as if the deal is completed. I wonder if ST3 is holding out on us??? Like Pea said, this is a ton of milly's getting tossed around. Do they have the funding secured? Or is he like 99.999999% sure it's going to be approved?
Obviously, Tekmovil feels comfortable giving up 60% of their company. Either they know the funding is secured or VuMe is that incredible and worth it. Why else would you take this deal?
I like seeing Oscar give a statement too.
Exactly! This is a great way to do a launch for this.
ZERO days until failure to buy TEKMOVIL!!!!
BWAHAHAHAHAHAHAHAHAHAHA
Thats because of the news that we acquired Tekmovil
Not sure who all follows TPT or ST3 on LinkedIn but figured I would point out a few folks that might play a role in the future of their endeavors. Not many "liked" his posts, but the few that do appear to be significant. This could all mean nothing, but given their backgrounds, I thought it was worth mentioning. Link to verify - https://www.linkedin.com/in/stephenthomas3rd/
David Noguerol
Head of Distribution, Americas - Bloomberg Television (18yrs)
Experienced media professional with extensive background in content sales and distribution. Focus in the areas of sales, digital strategy, business development, new product launches, multi-platform sales, partner marketing, analytics and operations.
https://www.linkedin.com/in/david-noguerol-9402822/
Allyssa Jade Pires
International Development Advisor at Global Expansion - The World's Leading International Employer of Record (EoR)
https://www.linkedin.com/in/allyssa-jade-pires-0b97631b2/
Matt O’Bryan
President & CEO at KLA Laboratories, Inc. (40yrs)
Established in 1929, KLA Laboratories, Inc. continues to be a national industry leader in the design, installation, certification, and commissioning of communication systems.
Providing turn-key solutions for networks, premise cabling, in-building wireless systems (DAS & Wi-Fi), video and sound system installations, KLA prides itself on detailed design, consulting, project management and on-time completion. Any size project, anywhere, anytime, can begin with a simple call. The KLA project staff can handle the largest and most challenging communication projects that manufacturing, commercial industry, education and healthcare have to offer.
With KLA’s 94 years of experience in the communications industry, your project is safe. Ford Motor Company, Verizon Wireless, US Government, Marathon Petroleum, The Detroit Tigers and Walmart have come to depend on KLA's expert technical services.
https://www.linkedin.com/in/mobryan/
Jeff Lee
Mergers and Acquisitions, Business Advisor, Capital Strategy, Business Development, Global Security Expert, UAV
XGO Business Brokers and Advisors
Founded by an entrepreneur for entrepreneurs. Our driving focus as Business Brokers and Mergers and Acquisitions advisors is to provide best in class service to business owners looking toward the eventual sale of their business. We strive to be a partner throughout the entire process of planning, valuing, and selling the most important financial asset that many business owners have. To do that, we combine years of brokerage experience amongst our staff with the drive, energy and customer focus of our parent company GO Services. As part of GO, we are dedicated to the following 5 Service Principals.
1. Delight the customer
2. Make it easy
3. GO the extra mile
4. Build the relationship
5. Have fun
XGO is comprised of seasoned business brokers, commercial real estate brokers and mergers and acquisitions professionals experienced in the following disciplines.
• Selling a Business
• Acquisitions
• Valuation
• Exit Planning
• Go To Market Strategy
https://www.linkedin.com/in/jeff-lee-24754a141/
Tim Bloom, MS, CRISC
VP Enterprise Risk Management | Operations | Frameworks & Transformation | Trusted Risk Advisor | Information Security | Assessment | Crypto | FinTech | Life Sciences | BioTech | Environmental Social & Governance
https://www.linkedin.com/in/timothybloom/
Mario Piana
TPT Board Member and Legal/Mexico
Also Head of Corporate Development at Fluent
https://www.fluent.finance/
https://www.linkedin.com/in/mario-piana-destrezza-consulting-mex/
Hans Gonzalez - Regional Product Director Tekmovil 4yrs
Product Director | Out-of-the-box thinker | Driving innovation & success with a creative approach to product development | Skilled in leading cross-functional teams | Expert in Product Marketing and B2B sales
Electronic Engineer with more than 19 years experience in the telecommunications sector occupying strategic positions in transnational companies such as Motorola, NEC or Sendtel Mobile. I specialize in negotiating with factories in China and leading multifunctional teams work.
Currently I lead the Sendtel operation in Colombia making use of commercial skills with a strong technical background,
https://www.linkedin.com/in/hansgonzalez/
Liliana Carolina Galindo Tarazona
Coordinador Trade Marketing Tekmovil
https://www.linkedin.com/in/liliana-carolina-galindo-tarazona-28509666/
Braddock Cunningham - (Obviously he wants this acquisition to take place)
CEO & Chairman at Broadband Infrastructure inc
https://www.linkedin.com/in/braddock-cunningham-b3a64b12/
Blago Ugrinov
Data Scientist | AI Tech & Climate Sustainability Punk
https://www.linkedin.com/in/blago-ugrinov/
Daniel N.
Enterprise Account Executive - Oracle
https://www.linkedin.com/in/danielny1/
Melissa Barclay
TIPS - Total Industrial Plat Services
Specialty Contractor in the Industrial, Power, Chemical and Gasification. We strive on Safety Performance for every project.
https://www.linkedin.com/in/melissa-barclay-724618125/
What kind of person targets a guy that pops in to say good morning almost every day?
Correct. It's a clause just in case he does and the bankruptcy court tries to go after the 500k shares or TPTS. Everett signed that he would pay the damages.
You've gone full TODD!! and you never go full Todd. What are you talking about?!
If the price drops, it's because people find this news bad.
Where and how based on the quote below from the 8k did you come to the conclusion that we still own IST?
"it is deemed grounds for the rescission of the acquisition of Information and Security Training LLC, by TPT Strategic, which occurred in 2022, and the release and cancellation of the Series B Preferred Stock of TPT Strategic issued to Everett Lanier, and the release by TPT Strategic of any claim of ownership to Information and Security Training LLC."
That is a protection clause because HE PERSONALLY has filed, NOT IST. It is protecting TPTS from Everett.
The filing can't be spelled out any clearer that TPTS rescinded ownership of IST by taking back the 500k shares in exchange for ownership.
" it is deemed grounds for the rescission of the acquisition of Information and Security Training LLC, by TPT Strategic, which occurred in 2022, and the release and cancellation of the Series B Preferred Stock of TPT Strategic issued to Everett Lanier, and the release by TPT Strategic of any claim of ownership to Information and Security Training LLC. "
What???? NO, TPT DOES NOT OWN IST AS OF 9/12/23
Certain matters have arisen regarding Second Parties that had not previously been disclosed to TPT Strategic by Second Parties and still have not been fully disclosed on the advice of counsel to Second parties, and such matters could materially affect the financials and business of TPT Strategic, and it is deemed grounds for the rescission of the acquisition of Information and Security Training LLC, by TPT Strategic, which occurred in 2022, and the release and cancellation of the Series B Preferred Stock of TPT Strategic issued to Everett Lanier, and the release by TPT Strategic of any claim of ownership to Information and Security Training LLC.
What are you missing from this???
One could even say that we don't own them as of 4/1/23 based on the filing. They agreed to go back to that date because Everett probably filed something after that date. IMO or for accounting purposes it was better. Regardless, we officially DON'T OWN IST ANYMORE!
Agree that IST is/was TPTS for the most part. Keep in mind that Everett only owned 10% of TPTS. It was just a way to keep more profits in house while trying to secure more revenue with government contracts. Would've been a sweet deal for both (and still might be) just not in the original way they intended to work together. Nothing is preventing them from working together still. They just have to work out the revenue differently. Again, 90% was going straight to TPTS. Everett was banking on 10% being enough because he got a peak behind the curtain as to the potential.
It would be nice to see GloGreen back in the mix. That is throwback.. :)
I wonder when UW discovered this and addressed it with ST3. The letter of intent was on 3/13. In that PR it clearly states: "All development and construction activities will be managed through its Real Estate and Development Technology division TPT Strategic OTCBB:INOQ." However, it did say that Strategic AND IST secured the LOI. Clearly they found something on IST and said we have to remove them.
Notice that we only had one other PR after that dated 4/3 with Strategic & IST for the MATOC PR. (which we have heard nothing about for 5 months.) Fast forward 7/17 to the Charlotte Julisabar land purchase PR with TPTS preferred E shares for the land and IST is not listed on this PR. In the past, they were tied to everything TPTS.
My point is, they must've already come to terms prior to this which freed up 500k in Series E preferred shares to negotiate for this land because we offered them 200k shares at $5 a share which equals the $1milly requested for the land.
*I guess what I am getting at is that they knew not to mention this PR tied to Everett/IST at that point in time and that was 2 months ago (and also knew that they were going to get 500k series E shares back to make this deal happen) My guess is that we will see this close soon.
With the right news.
Never a dull moment. Except the daily pps lol
Yeah, and that update was almost a year late..
Doesn't mean anything.
They take forever to update their sites.
Yep. No more ownership. Guess we will have to see how it all shakes out. Tpts is now 500,000 preferred shares richer for the time being.
Maybe that could be used as collateral again elsewhere...
Correct. It seems to insinuate a bankruptcy.
However, I did look up when the MATOC was won, and it was April 4th.
The reconciliation agreement goes back to April 1st, so we still might work the Matoc with them. TPTS won it... clearly it was Everett and IST, that closed it.
Maybe they can still work together to get Everett out of whatever is haunting him?
Correct. That was what I was getting at. I believe this is for both Funding and Nasdaq. Can't have those lingering.
This is why I believe we will still work with them. They both understand and are just working around it. Which is why he had to step down off the board too. Once that issue is resolved, imo he will be back on the board and president, unless ST3 is sour on it. But that was a very amicable divorce.
This is a signal to me that they had to make this decision because we couldn't either obtain funding or uplist with whatever was lingering in Everett's past.
Sooooo, we have to be very close to something good like funding.
While it might seem like a negative and setback (which it might be) it is to move forward. Addition by subtraction...
How often are loans given where a spouse (or whoever) shouldn't be tied to the loan because their credit score hurts the rate, loan, or even approval; so the loan officer goes back and says, what if we just remove them? Then UW can approve because it's less risky.
IMO, them signing that means funding. That is what I am sensing. I COULD BE WAYYYY WRONG but it's just my gut feeling.
Agreed, but dime a dozen. Lots of solid relationships out there. This just kept it in house. Plenty of people getting out and wanting to sell or do something similar.
Challenge is finding someone willing to hand it over for share equity while
They are cash flow positive, and still willing to run that side of the biz. I have to admit, it appeared to be a very mutually beneficial acquisition with IST. I still would like to see them work together.
UW had to see something that they just couldn't move past with IST/Everett on the loan.
Regardless, Tekmovil is ready to on the VuMe side of things. For whatever reason, people want to get acquired or work with tpt once they get a peak behind the curtain.
Pure Speculation bomb.
Good point about quarterlies. It says they have to go back to April 1st of 23 as the date of this annulment. (lol April fools, coincidence?) Didn't IST actually add more debt to our financials? Regardless, it explains why these fins have been delayed and all od them since the acquisition of IST.
Remember how he said the acquisition of Broadband barely got them enough to uplist? Maybe they needed this off their books in order to start the uplist. We might be closer than anyone thinks to securing financing, the land, and the Broadband acquisition.
Has anyone ever seen such a clean break? Maybe they will still utilize IST in some capacity, which is why the break is so amicable? Seems strange otherwise.
They both clearly agreed it's the only way to move this forward, which is why it's such a friendly breakup. This should be a mess of a breakup otherwise. Imo, IST is still going to play a part in the future.
If he gives them the work, he should have enough to clear whatever debt he has on the books and enough for first right of refusal to buy back in to tpts.
Again, I feel some rs type fakery here again myself, or this just has to happen to move forward. I am calling BS for now. Spidey senses are tingling.
So they waited all this time to finally add IST logo to their main tpt global site a week ago to announce this? Seems off...
You read my mind. I mentioned the same thing to Pea.
UW gonna catch things and they probably had to make a tough decision. Maybe they will just spin them off and still use them to build. No hard feelings?
He wont... lol
It's still just a waiting game. Nothing changed.
The funny part is they literally just updated the main page with IST logo?
Better to have this happen now than after we break ground and the loan deal was signed.
Unless this is some fake rs type thing again??? Who knows. Doubt it but it's anyones guess.
Unfortunately this is just "par" for the course with them
While this appears to be a setback, let me remind all of us that IST was a 2 man mom and pop shop that did nothing to help our pps or financials...
So they will easily be replaced and it really shouldn't hurt our pps because it didn't help
Makes sense. Hope the best for you. Profit is aleays good. Sounds like you took your profit today at the high and were waiting for 001 again to buy back in?
Gotcha. Was this also you being snarky regarding par and 001? Roughly after 2 weeks you believe 001 a good time to buy now?
"You are absolutely right. The price will definitely not stay at 0.001. A huge RS is coming and further dilution afterwards. Your 0.001, which appears to you as a bargain right now, will be significantly less after the RS. There is nothing this “company” does that generates or will generate any meaningful revenue and profits. This “company” exists only through and because of toxic debt and dilution."
Thought you were waiting until 0004?
"I'm a buyer!!! At $0.0004 that is. I'll be loading up there."
Yeah, but you and I know that's small fries compared to what it has done and its potential. 0007 to .1 (all with zero contracts)
We know you will turn Gilligan real soon once it pops again, but it's nice to see Skip. Congrats on the 10 bagger.
Nah, just the jury on some haters
If your back, we must be getting ready for a run.
There he is. Welcome back old Ken! Glad to see you again!! :)
Have a great long weekend everyone!
True. Broadband acquisition has to be audited prior to September 30th which is why they put "could be extended." We have all seen closings get pushed. That's just life.
It would be nice if it wasn't, but you pretty much have to expect and account for them.
Thanks. Didn't realize that.
Nah. The sticky below yours has the link which I didn't realize. All good. Yours needs to stay for sure.
Thanks for asking