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That was the company stance for a long time. I’m pretty sure ST3 thought that share price would perform much better than it has.
I think something has changed in the company stance, where they no longer want to wait for the organic price rise.
I’m hoping that they still have something solid in the next few weeks that will get us at least partway there to keep the ratio down.
Thanks, CJ2. I hear you, and I understand. Absolutely no offense intended.
So, you're speculating that it will be sooner, rather than later. Good enough.
Based on what I heard from the EGC about his timeline for uplisting, and what I have heard about NASDAQ requirements, I think that's probably a decent bit of speculation.
If you're correct, there are really not many possibilities
1) ST3 has more announcements coming with solid numbers that will push the share price much closer to a dollar than we are now
2) The RS will be closer to 1 for 200 or 300 than 1 for 4 or 5.
3) some combination takes place (say price rises and holds 10 cents, so the spilt is 1 for 40 or 50)
Hopefully, your source will feel that (s)he can share with the board
How much of what you are saying is speculation, and how much is told to you by your source?
- There will be a Reverse Split - We all knew that.
- It will be sooner, rather than later ?
- It will be before price reaches $1 organically ?
- It will be much larger than 1 to 4 or 5 (because it will take place before price reaches a dollar) - your speculation?
I'm not doubting what you are saying. I'm just trying to understand what you are repeating from your source, what you are hinting at because you don't want to repeat what the source told you (I respect that), and what you are speculating about.
Nice little end of day push. About 500k (~5% of total volume) in buys over the last 5 minutes to take us from .0225 to .024 and finish at HOD.
No one said $TPTW doesn't know. I said we don't know. and that it's not TPTW's information to share.
This is the alternate golden rule - "Those that have the gold, make the rules." For the Ghana contract, SWA, not TPTW, has the gold.
But there is lots of other good stuff in the pot. Look through all the other PR's and perhaps there is something more to your liking.
Agree 100%
That's the whole point. We don't know, and we won't know until SWA shares the information. Problem is, they are a private company, and aren't beholden to whiny shareholders, so maybe ST3 may need to prod them a bit, once more specifics are worked out between SWA and Ghana, and then SWA and $TPTW. I could see that.
But, when someone is enticing you with 70% of a $5 billion contract, and tell you that they want to control the flow of information, I don't know anyone who wouldn't toe that line.
You don't have to like it, or even believe it. But complaining about it will do no good. (Maybe it will keep your blood pressure down )But, SWA doesn't care about any of us, and I believe ST3 will do what he can, but will not steal SWA's thunder.
He told us how it works. It's SWA's contract. $TPTW is the sub-contractor. They had meetings in Atlanta two weeks ago, and a good phone conversation this week.
But at the end of the day, it's SWA's show, and they get to drive the news.
That's how it works. It may not be how we want it to work, we may not like it, but it is what it is. Now, you (as do we all) have to make our decisions.
But don't bitch that we don't know how the contract works.
How do you draw the conclusion that current shareholders aren't invited? Aren't we individual investors?
"TPT Global Tech will be presenting form 3:00pm to 3:45pm Eastern on Wednesday October 13 th."
I think that no matter what they announce, others will try to tank this. I guess I'm not really sure what to expect from the Emerging Growth thing.
I doubt any financial details about either India or Ghana will be detailed, although I would expect both agreements to be mentioned, with perhaps more detail about the roles to be played by $TPTW.
Hopefully, we hear more about the INOQ shares. I think that could drive short-term price growth as the divvy crowd jumps in for free shares.
Maybe an update about the Caribbean testing progress - not numbers probably, but at least a mention.
And maybe they surprise us with some new tidbit.
Thoughts?
So...right concept, wrong country. If financing were a concern, I suspect it was a topic of conversation with SWA last Tuesday in Atlanta. I can't believe that something this big would be left up in the air....
Would it??
Is there any possibility for $TPTW to leverage the money pledged by the India Investment bankers to front the startup costs for Africa? There is a pledge for up to $100 million in that agreement.
May be a stupid question - I have no idea how these things work.
I think when they said, "to give ST3 more time" it might have been more time to prepare, or more time to develop more details (meeting with SWA), rather than more time to present.
Several of the presenters on Wednesday have more than a 1/2 hour slot.
Hopefully, we get a steady diet of $TPTW news starting this week.
oofta... crickets this morning at $TPTW...
https://twitter.com/benedetto_frank/status/1446184402443284481
has a follow-up response
Not yet, but if you’re calm, you can catch the aroma of it cooking from the kitchen. Seems like it’s not quite ready to serve.
I was seeing those '1' share trades the other day, too. I've never seen that before, not that I'm an expert. But that just seems unusual to me.
At 6:30 on a Saturday night? That's a pretty steep expectation, no?
Five single-share trades in the last three minutes. Anyone know why they would post them like that?
Regarding the Ghana contract, found this on Twitter:
https://twitter.com/stokmonkey/status/1444137734407278593
Frank Benedetto replying to a question about whether something meant the SWA did not have the 5B contract, "Absolutely not. They have it. As do we."
So it seems like Frank says that we have the contract, and he's mostly upset that the information isn't flowing as quickly and freely as we all would like
"it is unheard of on the o t c to have a penny stock with a 3.5 billion dollar contract and or seven hundred million in revenue a year and look where we're sitting.. now who wants to explain that..."
I will put forth that you've answered your own question. It's precisely because it's unheard of that we're still sitting where we're sitting. Everybody wants to believe, but it seems like it's too good to be true. And since so much time has passed since the initial announcement, everyone is looking around, asking, "Did he really say that?" "Is that for real?"
Let's look at it from the other direction. If this were a complete fabrication, and he were out to turn this into his own personal ATM, wouldn't ST3 be screaming from the rooftops, feeding our IR guy endless streams of fantastic 'news' and visions of instant success?
Instead he's quiet, letting us know that progress is being made with tweets and photos of meetings with the principal contractor and one of TPT's business partner/acquisitions.
I'm not selling Kool-aid. You do what you feel is right. I'm just giving a possible alternate version of the story, based on what I've observed over the past 18 months. We both agree that we deserve to know what's going on. It's "when" we deserve to know is what we're really discussing.
well spoken, in return.
Here is another situation where he avoided getting the company and its shareholders into unsavory situations:
Tweet from Frank when asked why we heard nothing upon ST3's return from Iraq:
"The Iraq communications minister was looking for an illegal payoff to further a deal in Iraq. Steven decided that wasn't a path we wanted to pursue."
https://twitter.com/benedetto_frank/status/1443891045918515201
I kind of feel like ST3 is damned if he does, condemned if he doesn't right now. He spent the past year keeping shareholders abreast of all the efforts of the then-brand-new TPT Med Tech with capacity expansion and Thomas Scientific and All Star, which all amounted to opportunity that didn't materialize, and he's criticized for pumping and not following through.
Now he's got (I hope) something that's even bigger, multi-national, billion (with a 'b') dollars, and we're screaming for him to produce details into the OTC market rumor mill with its vultures and rabid dogs?
I don't blame him at all for playing this one close to the vest.
I'm assuming something with SWA is signed, because it's been announced and 8-k'd. I'm guessing there is involvement with the Education arm (I can't remember the TPT name for INOQ), since it seemed they were also at the SWA meeting. I think it a logical conclusion that the 25% increase in share count has something to do with all of this, although that's pure speculation on my part.
ST3 has always had a plan and he has always said that he's looking out for TPTW shareholders. The plans haven't always worked out, but he's had a couple of actions that demonstrate he is trying to protect his shareholders. I don't think he's changed his spots, just changed when and what he chooses to communicate to the rampantly dishonest and misinformed world of pink sheets.
When he's got something to share, we'll know. I think he's earned a bit of benefit of the doubt.
My $.02...
FWIW, another tweet:
All access, OTCIQ, SEC-Edgar. Leaving no stone unturned. 10,000+ hard-working folks invested their hard-earned money here.
@Alpharidge_Cap has done Form 10-12g (did 3 in 2020), S-1 (did 2021), Reg A+ (did 1) & C (just did 2). But, NO promises of results. $ICNM $ILIM $NWTT $DVFI
All access, OTCIQ, SEC-Edgar. Leaving no stone unturned. 10,000+ hard-working folks invested their hard-earned money here. @Alpharidge_Cap has done Form 10-12g (did 3 in 2020), S-1 (did 2021), Reg A+ (did 1) & C (just did 2). But, NO promises of results. $ICNM $ILIM $NWTT $DVFI
— Opportunity Zones Capital, LLC (@opportunityzon) September 28, 2021
you missed the one right before that one:
The 4 + 13 remaining shells are waiting for OTCIQ access or SEC Edgar Codes to join the 21. @Alpharidge_Cap's application for both OTCIQ access and SEC Edgar Codes are still under review. Stay tuned.
— Opportunity Zones Capital, LLC (@opportunityzon) September 28, 2021
Now... no fair posting screen shots of something that's been deleted by the poster... Opportunity Zones must have had a reason to pull it down.
it was working. I saw it very early left coast time. It is no longer working. It looks like the tweeter took it down.
I guess their last day push wasn't enough to get us through. Still a chance that it gets brought back to pinks, if the custodian is actually serious about it?
I saw all of those links, thanks to whomever for sharing. I lucked into this custodian play (I've had ICNM in the trash heap for several years), so I don't really understand what's different about getting off grays and back to pink. Or if anything is different, except that they are really cracking down on making sure that tickers in the pink really deserve to be there.
I'm not trying to spread misinformation, I'm just ignorant of the environment.
I think people are no longer as confident this will make pink prior to the deadline.
If $ICNM doesn't make the final pink qualification list, is it a permanent banishment to the grays? Are they making it harder to get from grays back to pink?
Is that really the funniest part for you? I guess we don't share the same sense of humor...
This is comforting, as Frank the IR guy is waging Twitter battle today...
https://twitter.com/benedetto_frank/status/1442181474682224648
Frank Benedetto
@benedetto_frank
·
5h
I can tell you this...after the release about Ghana Finra investigated and all documents were furnished to them. Obviously they were satisfied as there was no trading halt. That's pure fact.
I found this. Now, I'm not sure whether they just read the PR, or if techregister.co.us did their own independent verification.
" Skybridge West Africa has been given the approval for a community development contract worth as much as $5 billion by the Ministry of Works in Ghana. Investors could do well to keep track of this project."
https://www.techregister.co.uk/tpt-global-tech-inc-tptw-stock-sees-parabolic-rise-soars-310-in-a-week/
Well, remember that the expansion into Grenada was announced several months ago, in July. Nice to see that the follow through, though.
https://caribbeanmednews.com/with-covid-delta-variant-rising-globally-tpt-world-techs-otcqbtptw-subsidiary-tpt-medtech-declares-caribbean-testing-enlargement-into-grenada/
LOL - i didn't say that he's made it a success yet. I've been here for a while and am keenly aware of the score. I said only that he does what he believes will make the company successful, rather than simply lining his own pockets.
I understand that. But the fact that he posted that ST3 has a plan suggests to me that there is a method to the recent madness, even though we shareholders - some of you with large quantities - haven't been elucidated as to what that plan might be.
I'm probably naive, but I think ST3 has earned over the past 18 months a bit of trust with his actions, which it seems to me have been to do what he thinks is best for the company and its shareholders, and not for him personally (except as part of the company success).
But, everybody gets to roll their own dice and move their own mice. That's how we play the game of 'Mousetrap'. (Anyone old enough to remember that commercial?)
Still $TPTW long and hopeful
I did see this posted in one of the private Facebook TPTW groups, maybe it gives a little hope, if you trust ST3, I guess. Looks like it posted yesterday.
"Frank Benedetto -
All I can say is that Steven has a plan. Details will be forthcoming when he is ready to release them."
Later in the thread Frank said that he didn't know when that time would be.
FWIW. $TPTW
I love your posts, CJ2, but isn't it a little bit hyperbolic to say that everyone is selling. Price action is horrid lately, but volumes are pretty minimal, no?