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a San Diego based technology company and its subsidiaries, today announced it is finalizing a "Super App" called "VüMe" the company says will be the most comprehensive all-in-one location operating system for mobile and desktop platforms. The "VüMe" content on-the-go solution will provide users with the most robust offering of social media, entertainment, crypto, financial, news, gaming, shopping, banking, and other daily used tools in one place.
https://www.nasdaq.com/press-release/tpt-global-tech-to-launch-vume-super-app-the-most-advanced-all-in-one-place-mobile
Exactly. Extentions are perfectly normal and allowed and "when" the Extention is filed on time, it's considered on time. (As far as SEC/IRS is concerned), that's why it's there.
If they receive a major discount from their accountant for doing this and it outweighs any penalty given, then it makes financial sense/cents.
That is why there is a consequence when it is actually late. e.g. yield sign.
However, I don't believe there is a consequence for filing an extension, is there? Possibly a small fee... but again, clearly worth it to pay the accountant much less which has been addressed by Frank/company years ago. Over and over again.
Nice. At least tpt dressed up as a "current trading" company today.
Dollar!!!! shoot 35 cents is a dream. A dollar is generational wealth! Lol
Are we seeing some buying ahead of news?
Or just selling....
Either way, it's nice to see us current with some volume.
Could be the experts that bought it at 0001-0007?
That would be something Money! (And been a thought in my mind too) I have thought they announce that and BII along with a launch date while only the "experts" can buy/hold. Wow that would be something.
This could be ST3's way (or he is being advised by whoever) to create some excitement once news is released, and only limited people can buy?(his insiders?) Also a way for him to see who actually believed in him and his vision will be rewarded for holding. Just Speculation...
Those that dont have shares coulr really miss out on a run at cheap prices.
Still just a waiting game. I imagine we see buys ahead of news soon. (If he can still close these deals)
If silence equals work, they are working hard!!! Lol
It's interesting that we've really only seen about 20 milly ir so traded in EM. Not much buying, but lots of holding!
Yes. They went to Expert Market the exact day they were supposed to
That 525k shares was you? Ouch
Gosh, I bet you are fun at parties. Broken record stuck on a terrible song.
Your ramblings are on par with MX. 2 sides of a bad penny
Filing possibly was. Updating shareholders wasn't. Intentional grounding.
It's exactly what you said.
Also, nobody knows what you say 99% of the time
So your logic is that the pps is determining how ST3 conducts business vs how he conducts business impacts the pps. So ST3 now has to manipulate who purchases shares? What does that have to do with him executing on something??
Whatever. This really does feel just like the fake rs that some have stated. Lots of games. He is THE Y'ALL.
Doesn't matter. Paid to play. Letting it ride. Let's see if he has a rabbit in his hat.
So you are admitting this is intentional by ST3. We get it. Company games.
Bottom line, ST3 is no different than y'all. He is the biggest Y'all!
Great questions and points. I wonder if we will see the pps rise if some news comes out.
That would be a little telling if they were blocked. I imagine the same folks that have held it down can trade expert markets.
So many games and corruption in the sewers..
Some might say only Experts Holding now;)
Possibly. I am still glad I have my shares locked up. What if they drop a bunch of news while only "Experts" can trade, then release fins and get current?
Just hopium.. as some would say.
Nothing really changed. We were in the dark and have been for some time. Now its complete darkness. Nobody was buying anyhow.
Still just waiting for him to execute. Biz as usual. I still think IST slowed down this filing and its possibly justified.
Again, we didn't see a massive selloff which says a lot.
If his silence equals hard work, they must be grinding lol
Nope. Expert Markets on mine
"Expert Market is a bold strategy Cotton. Let's see how it pays off."
- DodgeBall an underdog story...
I find it interesting that tpt is on the verge of Expert Market and people are holding. No major sell off that we have seen, right?
Why do you think that is if this is done for?
Anyone else find this strange
I can't imagine it is easy to complete the fins after dropping IST. You have to go through the books and make sure all the numbers are correct, especially if you are trying to uplist. Let them take the full grace period, as long as they complete in time.
I forget the exact date they chose, but I believe it was April 6th or something for when IST officially cut ties. So potentially some of IST is in this Q. It's mucky to say the least. I do agree that ST3 has yet to complete something on a timely fashion or at all. Even those 2 labs mentioned were extremely delayed, but they did build them with an app pretty quickly.
IST is a curveball and needing a grace period is understandable. Anyone would know this who has owned, sold, or merged a company. They are juggling a lot!! (IFFFFF what they say is coming to fruition). Let's just hope he is focusing on building the biz, and bringing some of these deals home while his accountant is working on the fins.
Dead horse, but very high risk for a potential very high reward. Or just a great stock to flip. Cheers either way and happy Friday everyone!
Me too and agree with what you said earlier.
Yeah. I can see all those under 1 roof with Digithrive too.
Would love to know!
It is the vehicle taking speed connect public (nothing else was mentioned). Are SC, Tekmovil and VuMe now one in the same?
If ASHI goes current and loses the Shell status, and the Speed Connect merges, how could ASHI be used for Tekmovil?
All good and likewise.
We can use this one as an example.
I guess I am just curious. Is there really any significance to it, or was it just a late trade, which means nothing.
Basically someone sold some shares at the last minute and a broker scooped them up, right?
In these T trade scenarios can the broker purchase these shares from a common holder that puts a sell order in with seconds to spare?
The only thing we are "stuck with" is You on this board while we try to have a legitimate conversation.
"Jacked up"? Price will go up once something closes or funding comes in.
Now you've done it. You are a Y'all.
Appreciate it Starling.
To add to the list. I saw last night that this guy just liked ST3's post too. More Latin America ties...
Greg Solloway
Market Development Manager
Seasoned Sales and Marketing Executive focused on global expansion programs. 30+ years' experience building high-performance sales teams, developing distributor organizations, and managing the acquisition process. 15+ years working in Asia, Middle East/Africa, Latin America, and Europe.
Specialties: Strategic Planning, Global Expansion (organic and via acquisition), Solution development and commercialization, Building Successful Sales Teams, and Marketing Program Development.
• I help customers in the manufacturing, warehousing, and retail space with difficult labeling applications.
• Using my Analytical and Cross-functional Team Leadership Skills together with my deep knowledge of labeling system components, I help them implement more efficient labeling systems and drive operational cost savings, enabling them to better serve their customers.
• I build long-term relationships and effect meaningful change for my customers.
https://www.linkedin.com/in/greg-solloway-76682b4/
Was this to me? I'm not in this Y'all crowd.
Somehow my reply sparked this response from you???
Don't lump me with them. You've lied and misled as much as them, if anything, you are part of this "Y'all group".
Apparently everyone on this page is a "Y'all" that posts dd and/or has a different opinion, or fact than you.
nah. just speculating. I don't have inside information like some... I have to dig, and when I see things take place like what just happened with IST & TPTS, then a week later we are offering up Series E to merge... Just trying to connect some dots. Maybe they don't. I don't know. But not attempting any false narrative.
Maybe Everett is out for good, maybe he is not? Maybe we are going to do a 1000:1 RS, then not do one? Was that a real false narrative. I am just digging for answers and searching for protentional outcomes.
Likewise. Probably pretty close to that with this acquisition and BII. Would love to see them pull this off. Looks like they have all the right makings and partners to do it.
All good then. Don't really care what ticker they use, the Equity Option is the important note to take away.
Exactly how I am reading it. This is a fail safe just in case they can't produce the 10 milly. That says a lot in my eyes! They are willing to give up 60% and front the money to partner with TPT/VuMe on this. WOW!!!
I don't think we will be waiting until those given deadlines IMO. Both parties are serious about moving forward and it's clearly written to allow many "outs" of the 10 milly initial cash.
So to everyone saying "where are they going to get the cash?" Looks like they don't need it to move forward with this acquisition. (if I am reading these equity options correctly) Please verify yourselves.
What do you think longs?
Now that IST has been removed, what would you call it? If they go back to 4/1, they might just be applying for shell status again. Just a thought and speculation. I know shell has been removed. I wrote in my questions: Will we see it go current and shell status back soon? Because IST was removed.
I have no idea. Speculation too, just like you with ASHI.
I don't see it merging with ASHI, because that was specifically held for Speed Connect. I do know that we just obtained 500k more Series E shares with that separation. Why did it happen so fast and amicably? Maybe this is the reason why?
Good morning Jake and everyone!
Did anyone else catch this in the 8k?
(b) First Equity Option:
(i) As an alternative to receiving the First Payment in cash, at Sellers' sole option, Buyer will issue to Sellers, pro rata in accordance with their respective percentages on Exhibit A, shares of Buyers' Series E Convertible Preferred Stock with rights and privileges set forth in the Certificate of Designation attached hereto as Exhibit D (the "Series E Stock") at a stated price of $5 USD per share (the "First Equity Option"). If Sellers elect to take the First Equity Option. Sellers agree to execute a Subscription Agreement in a form mutually agreed between the Buyers and Sellers.
(ii) If Sellers do not elect the First Equity Option, Sellers agrees to loan the proceeds of the cash portion of the First Payment to the Surviving Corporation (as defined in Section 2(a)), pursuant to a secured promissory note bearing interest at 6% per annum and a maturity date of March 31st, 2024 in a form mutually agreed between the Buyer and the Sellers, to: (A) pay off or reduce certain senior debt obligations owed by the Surviving Corporation and (B) pay certain outstanding and past due expenses of the Surviving Corporation, as further set forth in a schedule to be provided by Sellers and approved by Buyer at Closing (the "First Seller Laon")
My questions.
Did Everett take one for the team? (freed up 500k in Series E Shares)
Did we need this Shell to close this deal?
Is that we had to remove IST, so that INOQ has no material assets, liabilities or operations?
Does that mean the separation from IST could just be temporary to close this deal?
Will we see it go current and the shell status back soon?
Or will this all just happen in one foul swoop?
(b) "Agreed Shell Company" means an entity which (i) has no material assets, liabilities or operations; (ii) is current in its reporting obligations under the SEA of 1934, as amended; and (iii) is controlled by Buyer. Buyer shall provide customary representations and warranties regarding the Agreed Shell Company in the Agreement and Plan of Merger, including due organization, authorization blah blah.... read it yourself. lol
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.