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Remember over $100k of interest on the original note was rolled into the loan. In my view they are giving tptw an oppty to pay it off without incurring any further interest.
I have several items to sell. 90 days with no interest, after that 10%.
You will be my favorite customer! I will be guaranteed 10%. I promise I will not feel like the money in my pocket is a liability.
Yes it is, and unbelievably they got away with it for almost 4 years.
Exactly!
Actually it is page 8, para 43. In context to the lawsuit, what does it say about TPTW.
Reading is fundamental, comprehension sadly is not. Did you just CTRL F and search for tptw?
This place about to blow!
Symmetrical Triangles can be characterized as areas of indecision.
1. Attempts to push higher are quickly met by selling, while dips are seen as bargains.
2. Each new lower top and higher bottom becomes more shallow than the last, taking on the shape of a sideways triangle. (It's interesting to note that there is a tendency for volume to diminish during this period.)
3. Eventually, this indecision is met with resolve and usually explodes out of this formation (often on heavy volume.)
**Research has shown that symmetrical triangles overwhelmingly resolve themselves in the direction of the trend.
https://www.chartpattern.com/symmetrical-triangle.cfm
I'm down with a drinking marathon, especially the tequila kind!
wow, based on that daily pattern i would guess it is less than a week from breakout. Same triangle continuation that i posted this morning as an intraday. That it is developing also on the daily suggests a stronger longer term breakout.
https://www.chartpattern.com/symmetrical-triangle.cfm
Still lining up on the beach for the swim not in the water yet.
X, you're kidding right? The answer is to stop it from converting which protects shareholder value.
Yep rarely confirms against the last move. go tptw!
I know when a retailer offers me 90 days same as cash I make sure to pay it within the time frame. Wouldn't enter the financing agreement if I wasn't going to pay it off.
lol, how much of that was non cash and only an accounting for derivative liabilities? The lack of comprehension is scary. Yesterday's PR & 8K reduce the derivatives and net loss.
0% for the first 3 months sounds like the company expects to have revenues/ financing to pay it off in 90 days.
Only the signed amendment to the note stating conversion was abated and terminated.
Thanks. I usually try to provide links to support what I post.
"All conversion rights of the holder to common stock under the Note, are hereby abated and terminated."
https://www.sec.gov/Archives/edgar/data/1661039/000165495420006434/tpt_ex101000.jpg
Yes, 8k has been filed for today's pr.
Item 1.01 Entry into a Material Definitive Agreement
On June 4, 2019, the Company consummated a Securities Purchase Agreement with Odyssey Capital Funding, LLC (“Odyssey”) for the purchase of a $525,000 Convertible Promissory Note (“Odyssey Convertible Promissory Note”). On June 8, 2020 the Company and Odyssey amended the Odyssey Convertible Promissory Note through an Amendment, Abatement, And Extension Agreement For Convertible Promissory Note dated June 3, 2019 (“Odyssey Amendment”), attached hereto as Exhibit 10.1, t
https://www.sec.gov/Archives/edgar/data/1661039/000165495420006434/tpt_8k.htm
GOOD MORNING! Gonna be another great day Tater! No change in SS
https://www.otcmarkets.com/stock/TPTW/security
Is that because it will have a Tesla sp?
Last Tuesday at 3:30 we were trading at 023 and closed at 299. do it again tptw
How did I know you were gonna to say that?
Fell out of my chair laughing. Great call. You know you can't go by premarket b/a, lol .021!
Count dracula sees 6, yes, 6 revenue generators
Impressive!!
lol, my ironman is a a 4 minute shower, walking down 14 steps, sitting and sipping 2 cups of coffee while flipping through business, news, and, pre covid, sports channels
...but like you, all in the same day lol
Here is some information on the patent Aire Fitness has pending.
https://patents.justia.com/patent/20160059105
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&p=1&u=/netahtml/PTO/srchnum.html&r=1&f=G&l=50&d=PG01&s1=20160059105.PGNR.
Yep, and no AH T Trade today. Getting close to notes being settled. Anyone taking a 1st position under .06 is going to make bank. Anyone who has or can average down below .60 will do the same. Anyone who just sat and complained, sorry for your loss.
I see it as more of a protection for the company and it's shareholders.
500k added now to OS at under 2 cents, restricted so not in the float.
If we hit $1 they vest at $500k but the cost to TPT is under $10,000. If we never get there is cost nothing.
Plus if it hits $1 we won't care.
We should see a ss update by mid next week. I for one am hoping to see it getting closer to the 22m guidance provided on the website.
100% agree with that!
So, if SP never hits $1, the shares never vest. Cost to TPT $ZERO.
$500k promissory note; 6 months, 1 year, interest, convertible? Looking forward to 8k for further detail. Cost to TPT, again $Zero until note is due.
10% of gross profits. LOL, Airefitness retains 25% ownersip but only gets 10% for a year?
In the meantime, 90% of revenue and gross profit go to TPT's bottom line.
omg, what a terrible, terrible pr.
More like:
Weeee, weeee, weeee, all the way home(bank)
That is an absolutely correct statement!
lol, .0160
Excellent points. Immediately accretive to bottom line, brings access to government buying vehicles, provides facilities for inventory/distribution of TPTmedtech current & future product line.
lol, I'm sure you meant next pt. There have already been several, and there are many many more than 2 in our future!