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That is my first thought exactly. Timeline is really close from the announcement.
My only opposing thought is that divi was "in the know" for much longer per divi ceo.
However, it does sound like divi integration (possibly something else we don't know about) Not sure, but would bet it's on divi. Either way they are putting a ton of resources(funds) toward this completion.
Looks like this is why it was held up/delayed. 1.75 milly for additional developed software? Sounds like it was finished and now it's not... That is nothing to sneeze at. This thing better launch in the summer and blow our minds.
Both the $4,000,000 and $1,000,000 promissory notes related to the VuMe technology and Media Live One Platform were exchanged through a Software Acquisition Agreement dated as of March 25, 2022 for shares of the Company’s Series E Preferred Stock. See Note 7. In this same agreement, the Company agreed to pay Mr. and Mrs. Caudle $1,750,000 for additional developed software that will be used with the VuMe technology which was expensed as research and development during the three months ended March 31, 2022. $200,000 had been paid and was accounted for as a deposit as of December 31, 2021 and the remainder was setup as a note payable as of March 31, 2022. $550,000 to be paid from first proceeds raised by the Company and $1,000,000 as agreed by the Company and Mr. and Mrs. Caudle.
What is?? Not our fins
Gross. (And I dont mean profit either)
We are going to need some good news and fast. Tuskegee money better transfer hands soon and get this on the right track.
Hemorrhaging money at this rate...
Looks like VuMe is really close though. 5 milly just dumped into it R&D and the Caudle's.
Lots of debt accumulating with no funding coming in from the outside (as of yet)
I really hope all this debt pays off.
Ok thank you for the clarifications. That's what I thought too.
I haven't paid too much attention. Is that tomorrow then?
How long is the extension for fins?
10 milly off the debt is already great so stop it
That would be nice. I am not expecting too much. Maybe they get back to where they were when we acquired whcih is a couple milly more.
I only say this because they only updated a couple of states per the pr. It was like 5-7 states shy unless they updated the rest and didn't pr it?
As long as they moce back in the right direction, I will be happy. No more losing clientele.
That's what I've been saying, however they at that time they were regularly communicating and speed connect was aquired with 10 milly added to their revenue.
Since then we've shrunk speed connect and put all our efforts on something that didn't produce.
They need Tuskegee to be their new speed connect and VuMe to launch IN THE SUMMER and not miss another deadline to keep momentum going.
And if India and Ghana actually produce, then we are golden. Over promising and under delivering along with silence is hurting the pps. Plus our biggest revenue source was losing clientele and revenue qrtr after qrtr.
Upside is 10 milly off the balance sheet
Tuskegee
Anticipated vume launch
(Tuskegee shows proof of concept and india and ghana are legitimate opportunities) and we could soar.
Plus, there were several other mayor's at that meeting. More should come of it
On #InternationalYouthDay, we celebrate the super-talented youngsters at Adani Digital Labs building the Adani SuperApp, a digital gamechanger designed to beneficially connect every Indian with their preferences.
Are you suggesting tpt is working with adani digital labs to build this? We haven't seen a pr about this. They are supposed to have a partnership with alpha design, which we have heard nothing about.
Lots of what ifs, fill in the blanks, and speculation here mx.
What makes you believe that Adani wants to back our super app? Just because he wants to get into that space and they own alpha which we haven't heard diddly about in almost a year.
Where is our meeting with India's PM?
If they were backing it, it would most likely be done with how much money he has. St3 already said it was completed months ago and was supposed to launch.
Let me guess nda's... lol the answer to everything tpt
When does webull start this? Couldnt hurt...
Always appreciate your take. Transfer of funds does appear to be next step. And I also believe they have that ace up their sleeves.
Whether it's a combo of private and public, I believe they have the takers secured. The city already agreed. They had to come to the table and get the land.
Looks like everything is in motion and moving forward, all hands on deck with this one.
I think we both agree this is the snow ball that will keep growing.
333 Randy was asking so I reposted yours.
“All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 180 calendar days to maintain a closing bid price of $.01 for ten consecutive trading days”
http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/otcqb-listing-requirements/
Financing specificically coming from the areas listed below and not from white lion fortunately.
This is where the city comes in and looks like the next phas and pr we should get. *and hopefully soon which I imagine based on the cities goals not tpt.
My guess is they have their budget and the new tax credits and hopefully the bonds secured and everything insured now.
If divi ceo is in on this, it sounds very soon from the march pod cast.
From the initial tuskegee pr:
At that time we look forward to discussing the cost and size of our Smart City development project, the land needed the method of financing (municipal bonds, new tax credits, banking, grants etc.), the environmental impact, our Strategic Partnership Agreement which is currently being reviewed by the City Attorney's office and whatever details are needed to be agreed upon, as we move forward"
Land secured, now onto financing...
They are progressing
Mistaken. Pea has posted this to death
I do like seeing half a milly at 4.5 cents....
We should be back to those prices soon after funding. Imo
Then they can complete VuMe. Because I believe that is the hold up. Not 3rd party.
We need money to complete and launch is my take.
Correct, but now they can move forwards because that is written up. Much easier to get the financing now that there is an agreement on the table.
I just hope we hear about it way before November.
November isn't necessarily "immediately" however they have moved fairly quickly given tpt's track record and dealing with public sector...
Still, it would be nice to have this project funded in the next month or so. (Which it sounds like it should be) based on the initial pr
Nah. The city is heavily invloved and they are all connected. It will hapoen, but I was just asking when and if more is coming. Sounds like it is.
I believe the funds were contingent upon the land being secured. Now they can proceed with funding. Order of operations
Where is the actual deal inked and funded from the city? You know, the municipal bonds and what nots....
I really hope that pr is around the corner and quick.
Hopefully this just had to get completed before that, unless these are 2 different projects. ???
Anyone?
You're still here.
Nuff said. :)
Then let's see a pr. Why so quiet while ppsnin the dumps. Because company is in on it...?
Otherwise, why hold out this type of info?
Its a stretch other than them owning alpha(which hasn't had an update in months and was supposed to meet with PM and actually be up and running by now), but who knows. That has now been a year too.
Tons of silence, waiting, and delays. Time to produce something and actually close a deal with revenue.
Hopefully Tuskegee is the start of it all and it never stops from there. Something needs to happen
I hope the days don't turn into weeks...
Gonna need Tuskegee to counter the the lack of revenue and add fuel to the 10 milly off the balance sheet
LOL!!!!
Ok you get the prize today for funniest.
What's one more year...
They don't have any coins or any coin for that matter... :)
Just kidding. They will be fine.
I am holdong out until July
Seriously. Plus we got an update on qtrly fins too. Lol
I think he wants an update on the original 200 milly Tuskegee deal
I can wait until next weel for that to ofswt fins anyhow
Most likely...
MX, We don't even own shares. Anything can happen with that deal. Thay has been a rotton carrot dangling for years now.
Again, no update. "Audit takes time" please move on to the next question.
Ghana "takes time" next question
India "should be excited" 1 year later, nothing
How does that help us one bit?
Tuskegee deal and 10 milly off the ballance sheet will look nice in the next week.
Wonder if they can secure some other good news immediately afterwards or an update on something else.
Let's get some positive momentum going to move this pps north
Ghana is like the moon landing. Its fake until we go back... lol
If we at 008 with 8 milly revenues then you do the math on the rest and add a little cushion for fomo and hype back into this because india, ghana, and vume are very real potentials after a 200 milly deal and now another Tuskegee opportunity (unless that was part of this one?)
I've been too busy to follow closely.
It's possible. Anything is at this point with how this is being played out. Your hypothetical could be accurate with 10% commissions (20 milly) could put us at 3 -5 cents
No doubt there were others and eyes all over this. I agree, it should get exciting very soon.
I am now and pps hasn't even followed yet.. :0
Everything could potentially change with Tuskegee.
This is the template and verifiable.
India news would be great too. Then VuMe in June/July?...
Good. Love the optimism! Got my Flintstone vitamins in shares. ;)
Pay. Fee fee. Lol
*0081. And I slapped .0084 and nothing changed except we went lower after I slapped it? How is thay even possible
No doubt. Just tried again and it moved to 0082 and I just slapped the ask and no shares were taken.
Its unreal but very real at the same time.
I actually slapped the ask yesterday for 40k shares. Price never moved and it took 10 minutes to get the shares.
Slapped the ask!!!! And you can watch the games. So strange.
Then the 40k shares still remained, even though I got them and pps never reflected it
Tables don't get pounded until they are selling after accumulation.
This is quiet time. Don't look over here.
They will all return very soon.
Unfortunately it seems like the entire company and firm hired plays the game too. The market is corrupt
Wow 7k and Under a penny? Who cares. Must be fraudsters... anything purchased under a penny is fraud. Lol