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Please tell us the reasoning for AS increase ?
I have stated and shown the data and links before but please do tell us your opinion .
Doesn’t tell me anything. He is a hired PR guy. Nothing provocative.
They need to raise $38 million. It was laid out in the post I had which you didn’t want to sticky.
This is the way they ‘can’ do this but it is on the backs of existing investors and not favorable.
Well I was expecting that would be coming. AND I would fully expect them to use 500-1 billion to get that 38 million or some fraction of it to execute plans. The pr in January identified they needed the $ to execute on their plan this year. Could also be making room for conversions coming up in summer.
Would be nice to hear any sort of reasoning or support for this rather than assumptions.
Meh. Doesn’t matter. They could easily take something like INQR. Anything is possible though.
But They don’t have money to do that really.
The money and connections are in that twitter picture … imo
It doesn’t have any relation as tpt strategic / tptw gabe up the name…
“ The merger was a reverse merger withSouthern Plains of which there ended up being a non controllinginterest of 6% as of December 31, 2020. The name of InnovaQorremained for the merged entities but was changed to TPT Strategic,Inc. on March 21, 2021.
“
So the name was up for grabs.
The new company being formed is with edsm and tpt strategic now.
Innovaqor with tpt is no longer.
If innovaqor was tpt gloabal or tpt strategic why is it trading on a different symbol ?
https://www.innovaqor.com
“A License Agreement that was originally signed between the Companyand InnovaQor for software development but rescinded March 30, 2021and the issuance of 6,000,000 shares of common stock werecancelled.”
https://www.marketwatch.com/investing/stock/tptw/financials/secfilings?docid=15090546
I don’t think they are related anymore
However it’s interesting they are on the same IP network.
I’m not sure innovaqor (the company) has anything to do with tpt anymore. Even though they have the ticker, it’s tpt strategic as you mentioned in past.
Note here who Edsm is (link on June announcing the eventual merger of EDSM and TPT strategic) and who is in the twitter picture taken in Georgia last fall (sept 30).
https://www.stocktitan.net/news/TPTW/tpt-global-tech-subsidiary-signs-merger-agreement-with-education-iqcm2epkge73.html
Stephen Thomas, CEO, TPT enjoyed a 4-hour meeting yesterday in Atlanta. (Left to right) Raymond Jordan; Dr. Braddy, CEO EDSM; Stephen Thomas; Joe Burns, former NFL player Buffalo Bills and Sr. VP Skybridge, and Henri Whitlow, CEO Skybridge $tptw #tptglobaltech #Skybridge pic.twitter.com/iMC9EIdSjr
— TPT GLOBAL TECH (@TechTpt) September 30, 2021
Wrong. Rnva has gone down down and has had how many crazy 10k:1 reverse splits in a year and a half? Was it three ???
Mighty. I added the link to the end of this post. Sticky!
It’s made up. Like half the garbage that comes from people who want to whine and complain
Here:
There is a lot of info in that PR from Jan 24. Is I see what that other poster meant by good things.
At least it paints a lot of good points and direction (finally)
I tried to highlight a few but there is a lot of good info about plans etc.
“Our Intended Marketing Plan and Product Roll Out for 2021 and 2022
·
Satellite radio syndication simulcast with over 25 million domestic U.S. listeners
·
Connected TV partner with over 18 million viewers worldwide.
·
Airline entertainment partnership with over 12 million international viewers.
·
Supported by an international public relations firm.
·
Comprehensive social media marketing campaign involving popular bloggers and podcasters”
….
*****
Our ViewMe Live Technology Plan
We offer VML technology for which we plan to expand marketing. We believe SaaS ViewMe Live (VML) could become a leading Digital Media Mobile TV technology platform in the business-to-business and business-to-consumer markets. Our proprietary software platform can reach a worldwide audience of approximately one billion mobile viewers. VML addresses global mobile distribution of LIVE and Video on Demand (“VOD”) content as a white label Software as a Service (“SaaS”).
VML OTT live streaming technology is similar to what you see with satellite TV such as Dish Network and DirecTV, as well as cable companies. Almost all currently existing live streaming cannot do live broadcast streaming at this level and usually has anywhere from 1 minute to 10 minute delays or continuous buffering, never loading the video. With VML, there is the ability to have “worldwide” access for a live streaming event equal to standard television broadcasting with tens of millions of simultaneous users. We believe that VML is the first technology to be able to achieve this level of live streaming. In emerging countries that do not have fiber, cable and satellite TV, access to VML is simple and cost effective, as long as there is a cellular connection on a 3G network or higher (regardless of provider)[1]. VML aims to provide uninterrupted live streaming on mobile devices without buffering, crashes, pixilation, or audio and video syncing issues. One practical application of this technology is that a viewer can move from a Wi--Fi connection to a 3G connection without interruption. VML has a unique user interface with multi-channel access and built-in social media, and we believe it is unlike anything currently on the market. VML also has the capability to do a Live Linear Broadcast with VOD.VML’s technology has the potential to reduce web content pirating since high quality TV broadcast is now easily accessed worldwide on mobile devices.”
*****
“Each of our four divisions contributes to the launch of our global Content delivery platform “ViewMe Live” and creates cross pollinating revenue opportunities and a closed Global E-commerce Eco environment which we believe will help us execute our short and long term corporate objectives. Our Content Division which consists of Blue Collar Productions (our TV and Film content Production company) creates original content and in some cases third party content. Once Content has been produced we will then broadcast and delivered that content over our proprietary Mobile TV Platform on our proprietary Trucom Telecommunication Network infrastructure domestically and internationally.
CUBS (Cloud Unified Business Services)
We are a CUBS provider (Cloud Unified Businesses Services) company and one of the first to combine recurring Telecom, Media and Data/Cloud Services revenue under one roof, then bring all relevant data from those services into a proprietary telecom infrastructure and information matrix platform capable of delivering a “Daily and Intelligent Dashboard” to our Domestic and International customers. Such a planned cohesive combination of services and information from a single provider has been heretofore nonexistent. We intend to pioneer an integrate communication services and information technology suites to empower individuals and companies with vital communications, Smartphone, Network, Content, SaaS (Software as A Service), New Media Technology products and services, and valuable relevant diagnostic information both Domestically and Internationally.
We are currently able to deliver a live Global TV Broadcast and Social Media Platform utilizing a Mobile App technology on our proprietary Content Delivery Network. We plan to expand our Cloud Unified Business Services (CUBS) technology-based business services unifying multiple services from the cloud.”
****************
…”Content Mining Plan
Once our planned SaaS media applications, smart phones and tablets are launched into the domestic and international markets, content analytics or marketing data will be gathered from these devices. The data generated from these applications and devices will give us an advantage insight into our subscribers viewing and buying habits. Once data has been scrubbed of personally identifying information, we plan to be able to create original or lease content from broadcast partners to service what our analytics are telling us to produce (or license), with the intent on moving us closer towards predictive analytics. Predictive analytics is being able to predict what our customer likes based on their viewing habits and then produce that content targeted to our subscriber and then “push” that new (or licensed) content to them.
Lion Smart Phone Product
We are currently seeking a manufacturer for our Lion Smart Phone. Our Management believes our patent pending Lion smart phone is the first Full HD Naked Eye 3D smart phone ever launched in the United States. Lion Universe’s mobile 3D technology is patent pending. The smart phone will be distributed through our wholly-owned subsidiary K-TEL, in their existing brick and mortar distribution channel in the Northwest expanding into other areas. It is anticipated that a national and international roll out will soon follow. TPTW is building industry leading personal cellular phones designed for a wide appeal. With a business model built on innovation and progress starting with the Lion Phone technology, we intend to produce high-quality and easy-to-use cellular phones. Our Lion Phone was designed for consumers looking for portable and affordable cutting-edge technology. Our first-generation phones come equipped with full high definition resolution screen for better viewing. We believe this Full HD Naked Eye 3D smart Phone is perfect for watching movies, playing games, even editing photos or videos.
Whether that is looking at photos, playing music, emailing or surfing the web, our management believes consumers want more from their phones. We believe our Lion Phone raises the bar for cellular phones. For the first time ever, cellular users can enjoy quality 3D viewing with the naked eyes no glasses required enjoying full high definition video with smooth playback.
Our Management believes consumers have been waiting for a way to watch their favorite movies in 3D, with the convenience of their phone and gamers can have the leisure of playing their games without taking head gear with them. Our Lion Universe Technology strives to give customers the best possible experience with our Full HD Naked Eye 3D smart phone in the US and Global markets.
We understand the longer we wait the less advantage we might have in our efforts to market this phone as the marketplace moves very quickly. We intend to begin marketing this phone in 2022 as capital is available.”
*******
…”User Interface
In a preprogrammed live linear broadcast application, viewers have free access via a playlist by category and have the ability to “catch--up” with what they may have missed in the LIVE broadcast, regardless of its original airdate. The video-on-demand (VOD) feature provides the opportunity to access additional viewers and monetize past content. After several years in development, we believe that VML has a significant first to market advantage and that no other companies currently have a comparable commercialized offering.”
******
…”Our Plan for Strategic Partnering with Telecommunication & Media Companies
Currently in the world, viewers usually need to have a contract with a cable provider (e.g. AT&T, Cox, Xfinity, Spectrum, or Cablevision in the U.S.) or satellite TV provider (e.g. DirecTV and DISH Network in the U.S.) and be in range of a residential or business Wi-Fi to be able to watch over the top (OTT) content on a connected TV device, website or mobile access. VML is capable of offering a nearly unlimited number of channels to mobile users virtually anywhere and everywhere, with global reach, far exceeding two U.S. satellite companies (DirecTV and DISH Network), which have 500+ channels each and are only available in the U.S.
We believe VML will immediately appeal to any channel that is currently on DirecTV and DISH Network for global mobile linear broadcast participation, simply because these platforms are only available in the U.S. market.
VML can provide low--powered TV stations (often found in churches and universities), along with high--powered stations, the ability to reach the entire global market. Other potential users are owners of libraries of digitized content, and LIVE event venues such as music concerts, sporting events, festivals, beauty pageants, summer and winter Olympic Games, award shows, red carpet events, trade shows and conventions. Enthusiasts can produce their own show in any area and could launch their own channels for travel, food, spirits, sports, outdoor recreation, retro TV shows, children, cartoons, comedy, drama, reality, education, automobiles, health, corporations, shopping, soap opera, game shows, dating, religion, etc., providing extensive possibilities for media expansion. Content providers will not be limited by the major TV networks and film studios for distribution rights.”
*****
And lastly:
….”PLAN OF OPERATIONS
Our Capital Budget for the next 12 months
Liquidity and Capital Resource Needs
Equipment purchases and manufacturing (1)
$ 14,000,000
Product advancement
2,250,000
Acquisitions
500,000
Debt restructuring
7,300,000
Working capital (1)
10,710,000
Brokerage commissions
3,040,000
Offering expenses
200,000
$ 38,000,000
_____________
(1) It is expected the use of this working capital and funds for equipment purchases will extend into 2022.
MILESTONES
Our three quarters of operations for 2021 were consistent with operations after the acquisition of the assets of SpeedConnect, LLC for 2019 and 2020. We intend to expend significant funds after our intended funding event equally over the ensuing four quarters as outlined above.
“
So they need $38 million to carry out their next milestones for 2022ish
Link:
https://newsfilter.io/a/b9f8402913bee746879c81747645259f
It was quoted from the S1 from Jan 24
https://newsfilter.io/a/b9f8402913bee746879c81747645259f
Is Monday still technically ‘early Q1’ ?
:/
Actually you did make this up. They signed a licensing agreement to operate in parking lots. Not sure where you saw multi billion dollar contract with Walmart
https://www.accesswire.com/601725/TPT-Global-Techs-Subsidiary-TPT-MedTech-Signs-Parking-Lot-Testing-Licensing-Agreement-with-Wal-Mart-Real-Estate-to-Start-QuikLAB-Operations-in-Florida-and-California
There is a lot of info in that PR from Jan 24. Is I see what that other poster meant by good things.
At least it paints a lot of good points and direction (finally)
I tried to highlight a few but there is a lot of good info about plans etc.
“Our Intended Marketing Plan and Product Roll Out for 2021 and 2022
·
Satellite radio syndication simulcast with over 25 million domestic U.S. listeners
·
Connected TV partner with over 18 million viewers worldwide.
·
Airline entertainment partnership with over 12 million international viewers.
·
Supported by an international public relations firm.
·
Comprehensive social media marketing campaign involving popular bloggers and podcasters”
….
*****
Our ViewMe Live Technology Plan
We offer VML technology for which we plan to expand marketing. We believe SaaS ViewMe Live (VML) could become a leading Digital Media Mobile TV technology platform in the business-to-business and business-to-consumer markets. Our proprietary software platform can reach a worldwide audience of approximately one billion mobile viewers. VML addresses global mobile distribution of LIVE and Video on Demand (“VOD”) content as a white label Software as a Service (“SaaS”).
VML OTT live streaming technology is similar to what you see with satellite TV such as Dish Network and DirecTV, as well as cable companies. Almost all currently existing live streaming cannot do live broadcast streaming at this level and usually has anywhere from 1 minute to 10 minute delays or continuous buffering, never loading the video. With VML, there is the ability to have “worldwide” access for a live streaming event equal to standard television broadcasting with tens of millions of simultaneous users. We believe that VML is the first technology to be able to achieve this level of live streaming. In emerging countries that do not have fiber, cable and satellite TV, access to VML is simple and cost effective, as long as there is a cellular connection on a 3G network or higher (regardless of provider)[1]. VML aims to provide uninterrupted live streaming on mobile devices without buffering, crashes, pixilation, or audio and video syncing issues. One practical application of this technology is that a viewer can move from a Wi--Fi connection to a 3G connection without interruption. VML has a unique user interface with multi-channel access and built-in social media, and we believe it is unlike anything currently on the market. VML also has the capability to do a Live Linear Broadcast with VOD.VML’s technology has the potential to reduce web content pirating since high quality TV broadcast is now easily accessed worldwide on mobile devices.”
*****
“Each of our four divisions contributes to the launch of our global Content delivery platform “ViewMe Live” and creates cross pollinating revenue opportunities and a closed Global E-commerce Eco environment which we believe will help us execute our short and long term corporate objectives. Our Content Division which consists of Blue Collar Productions (our TV and Film content Production company) creates original content and in some cases third party content. Once Content has been produced we will then broadcast and delivered that content over our proprietary Mobile TV Platform on our proprietary Trucom Telecommunication Network infrastructure domestically and internationally.
CUBS (Cloud Unified Business Services)
We are a CUBS provider (Cloud Unified Businesses Services) company and one of the first to combine recurring Telecom, Media and Data/Cloud Services revenue under one roof, then bring all relevant data from those services into a proprietary telecom infrastructure and information matrix platform capable of delivering a “Daily and Intelligent Dashboard” to our Domestic and International customers. Such a planned cohesive combination of services and information from a single provider has been heretofore nonexistent. We intend to pioneer an integrate communication services and information technology suites to empower individuals and companies with vital communications, Smartphone, Network, Content, SaaS (Software as A Service), New Media Technology products and services, and valuable relevant diagnostic information both Domestically and Internationally.
We are currently able to deliver a live Global TV Broadcast and Social Media Platform utilizing a Mobile App technology on our proprietary Content Delivery Network. We plan to expand our Cloud Unified Business Services (CUBS) technology-based business services unifying multiple services from the cloud.”
****************
…”Content Mining Plan
Once our planned SaaS media applications, smart phones and tablets are launched into the domestic and international markets, content analytics or marketing data will be gathered from these devices. The data generated from these applications and devices will give us an advantage insight into our subscribers viewing and buying habits. Once data has been scrubbed of personally identifying information, we plan to be able to create original or lease content from broadcast partners to service what our analytics are telling us to produce (or license), with the intent on moving us closer towards predictive analytics. Predictive analytics is being able to predict what our customer likes based on their viewing habits and then produce that content targeted to our subscriber and then “push” that new (or licensed) content to them.
Lion Smart Phone Product
We are currently seeking a manufacturer for our Lion Smart Phone. Our Management believes our patent pending Lion smart phone is the first Full HD Naked Eye 3D smart phone ever launched in the United States. Lion Universe’s mobile 3D technology is patent pending. The smart phone will be distributed through our wholly-owned subsidiary K-TEL, in their existing brick and mortar distribution channel in the Northwest expanding into other areas. It is anticipated that a national and international roll out will soon follow. TPTW is building industry leading personal cellular phones designed for a wide appeal. With a business model built on innovation and progress starting with the Lion Phone technology, we intend to produce high-quality and easy-to-use cellular phones. Our Lion Phone was designed for consumers looking for portable and affordable cutting-edge technology. Our first-generation phones come equipped with full high definition resolution screen for better viewing. We believe this Full HD Naked Eye 3D smart Phone is perfect for watching movies, playing games, even editing photos or videos.
Whether that is looking at photos, playing music, emailing or surfing the web, our management believes consumers want more from their phones. We believe our Lion Phone raises the bar for cellular phones. For the first time ever, cellular users can enjoy quality 3D viewing with the naked eyes no glasses required enjoying full high definition video with smooth playback.
Our Management believes consumers have been waiting for a way to watch their favorite movies in 3D, with the convenience of their phone and gamers can have the leisure of playing their games without taking head gear with them. Our Lion Universe Technology strives to give customers the best possible experience with our Full HD Naked Eye 3D smart phone in the US and Global markets.
We understand the longer we wait the less advantage we might have in our efforts to market this phone as the marketplace moves very quickly. We intend to begin marketing this phone in 2022 as capital is available.”
*******
…”User Interface
In a preprogrammed live linear broadcast application, viewers have free access via a playlist by category and have the ability to “catch--up” with what they may have missed in the LIVE broadcast, regardless of its original airdate. The video-on-demand (VOD) feature provides the opportunity to access additional viewers and monetize past content. After several years in development, we believe that VML has a significant first to market advantage and that no other companies currently have a comparable commercialized offering.”
******
…”Our Plan for Strategic Partnering with Telecommunication & Media Companies
Currently in the world, viewers usually need to have a contract with a cable provider (e.g. AT&T, Cox, Xfinity, Spectrum, or Cablevision in the U.S.) or satellite TV provider (e.g. DirecTV and DISH Network in the U.S.) and be in range of a residential or business Wi-Fi to be able to watch over the top (OTT) content on a connected TV device, website or mobile access. VML is capable of offering a nearly unlimited number of channels to mobile users virtually anywhere and everywhere, with global reach, far exceeding two U.S. satellite companies (DirecTV and DISH Network), which have 500+ channels each and are only available in the U.S.
We believe VML will immediately appeal to any channel that is currently on DirecTV and DISH Network for global mobile linear broadcast participation, simply because these platforms are only available in the U.S. market.
VML can provide low--powered TV stations (often found in churches and universities), along with high--powered stations, the ability to reach the entire global market. Other potential users are owners of libraries of digitized content, and LIVE event venues such as music concerts, sporting events, festivals, beauty pageants, summer and winter Olympic Games, award shows, red carpet events, trade shows and conventions. Enthusiasts can produce their own show in any area and could launch their own channels for travel, food, spirits, sports, outdoor recreation, retro TV shows, children, cartoons, comedy, drama, reality, education, automobiles, health, corporations, shopping, soap opera, game shows, dating, religion, etc., providing extensive possibilities for media expansion. Content providers will not be limited by the major TV networks and film studios for distribution rights.”
*****
And lastly:
….”PLAN OF OPERATIONS
Our Capital Budget for the next 12 months
Liquidity and Capital Resource Needs
Equipment purchases and manufacturing (1)
$ 14,000,000
Product advancement
2,250,000
Acquisitions
500,000
Debt restructuring
7,300,000
Working capital (1)
10,710,000
Brokerage commissions
3,040,000
Offering expenses
200,000
$ 38,000,000
_____________
(1) It is expected the use of this working capital and funds for equipment purchases will extend into 2022.
MILESTONES
Our three quarters of operations for 2021 were consistent with operations after the acquisition of the assets of SpeedConnect, LLC for 2019 and 2020. We intend to expend significant funds after our intended funding event equally over the ensuing four quarters as outlined above.
“
So they need $38 million to carry out their next milestones for 2022ish
Uh. Where’d you get 750 mil from !!?
SEC rules
They have to announce these events
https://www.linkedin.com/in/henry-whitlow-8904842
Stephen Thomas, CEO, TPT enjoyed a 4-hour meeting yesterday in Atlanta. (Left to right) Raymond Jordan; Dr. Braddy, CEO EDSM; Stephen Thomas; Joe Burns, former NFL player Buffalo Bills and Sr. VP Skybridge, and Henri Whitlow, CEO Skybridge $tptw #tptglobaltech #Skybridge pic.twitter.com/iMC9EIdSjr
— TPT GLOBAL TECH (@TechTpt) September 30, 2021
Ruh roh
“On January 31, 2022 I&B ministry, India bans MediaOne news channel for the second time.[7] MediaOne TV has gone off air at noon after the Ministry of Information and Broadcasting (I&B) not renewed license , citing security clearance for Madhyamam Broadcasting Limited revoked by Union Ministry of Home Affairs [MHA], India. MediaOne TV, a channel of Madhyamam Broadcasting Limited, is owned by Jamaat-e-Islami Hind, which makes it one of the few Indian news channels whose ownership lies with an Islamic organization.[8][9]”
Sounds like media one has been stirring some issues over the years and has been pulled a couple of times
Good morning all
Yeah.
My ‘concern’ is more on the ‘must haves’ section. While I think we are ok with a few of the bullet points, there are a few that hopefully we address.
Perhaps the initial debut will bring in the heavier investors needed for next level …. I’m guessing of course
I test the waters with hitting a small piece of the ask and nothing happens to the bud and ask. Strange
Note the first and last paragraphs…
“Shareholders should be aware that, according to Securities and Exchange Commission, the market for penny stocks has suffered in recent years from patterns of fraud and abuse. Such patterns include (i) control of the market for the security by one or a few broker-dealers that are often related to the promoter or issuer; (ii) manipulation of prices through prearranged matching of purchases and sales and false and misleading press releases; (iii) “boiler room” practices involving high-pressure sales tactics and unrealistic price projections by inexperienced sales persons; (iv) excessive and undisclosed bid-ask differentials and markups by selling broker-dealers; and (v) the wholesale dumping of the same securities by promoters and broker-dealers after prices have been manipulated to a desired consequent investor losses. Our management is aware of the abuses that have occurred historically in the penny stock market. Although we do not expect to be in a position to dictate the behavior of the market or of broker-dealers who participate in the market, management will strive within the confines of practical limitations to prevent the described patterns from being established with respect to our securities.
Inventory in penny stocks have limited remedies in the event of violations of penny stock rules. While the courts are always available to seek remedies for fraud against us, most, if not all, brokerages require their customers to sign mandatory arbitration agreements in conjunctions with opening trading accounts. Such arbitration may be through an independent arbiter. Investors may file a complaint with FINRA against the broker allegedly at fault, and FINRA may be the arbiter, under FINRA rules. Arbitration rules generally limit discovery and provide more expedient adjudication, but also provide limited remedies in damages usually only the actual economic loss in the account. Investors should understand that if a fraud case is filed against a company in the courts it may be vigorously defended and may take years and great legal expenses and costs to pursue, which may not be economically feasible for small investors.
That absent arbitration agreements related to brokerage accounts, specific legal remedies available to investors of penny stocks include the following:
If a penny stock is sold to the investor in violation of the requirements listed above, or other federal or states securities laws, the investor may be able to cancel the purchase and receive a refund of the investment.
If a penny stock is sold to the investor in a fraudulent manner, the investor may be able to sue the persons and firms that committed the fraud for damages.
The fact that we are a penny stock company will cause many brokers to refuse to handle transactions in the stocks, and may discourage trading activity and volume, or result in wide disparities between bid and ask prices. These may cause investors significant illiquidity of the stock at a price at which they may wish to sell or in the opportunity to complete a sale. Investors will have no effective legal remedies for these illiquidity issues.”
The big names work for these companies and get the opportunity to buy shares at very low prices.
I’m not sure if you’re saying the same thing but big names don’t just go into an emerging company and throw money at it. Usually that’s a seed round.
The opportunity with the preferred also gave insiders the opportunity but these preferred shares are geared towards investment companies that don’t want the volatility, can be paid first and get an annual dividend (on top of a premium at conversion time).
But big names don’t drop money into a company inorder to work for them. Companies pay the big names in some Daley and lots of stock at discounted rates with time lines of purchasing rights.
So yeah. Exactly. Your original comment asked why aren’t the big names ‘giving’ money to the company because there is a big contract on the horizon. They don’t need to as they have the vehicle via their vesting scheduling and their amount of shares and strike prices.
You’re right.
‘Fiscal year end’ is December.
https://www.otcmarkets.com/stock/TPTW/profile
Oh. I didn’t realize Dec 31 was the annual … I thought that was in June.
My bad.
And the other item…
‘Note 1 may be prepaid in whole or in part of the outstanding balances at 100% prior to maturity unless the Holder chose to convert their balances into common stock which they have three days to do so. 73,372,499 common shares of the Company have been reserved with the transfer agent for possible conversion and exercise of warrants.’
So this still falls inline with 6-9 months. They have to make everything count and get these opportunities moving forward towards revenue generation.
https://www.securexfilings.com/sec-deadlines/
I dont remember if we are accelerated or not (most likely not) so mid February.
My expectations are still not very high for this quarterly but I think the testing through the Caribbean should be up a little.
Exactly.
I hear ya. My post was along the lines of st3 has a way with incorrectly presenting time frames.
This makes me think he doesn’t have good restraint or is fluffing things a little. Of course it’s ok to be existed. Both have to be pulled back and really thought through should he want to be a nasdaq ceo.
I’m still all in and will ride this this year.
I know we are close but we really need info on revenue generation. Not ‘opportunities’ or intents.
I do agree he and his company should be executing and keeping his head down. Bit make sure you can hit your marks (or at least most of them) when you present it to the public.
Good luck to us
The end of “Early Q1” is quickly approaching ST3.
Never mind. It would help if I clicked on the link ;). Please disregard my other message
What do you mean ‘India wants its own OS’?
There’s no dilution until either the loans convert or the ATM pos starts hitting the market. We’re good now but the increase in AS has to do with all the required shares that could hit the market due to conversions etc.
It’s all been outlined dude. Nothing new…
What happened to $10million mk
I will say this. If the shares hit the market then the market cap will fall back to $10. You can’t just say $1billion without acknowledging that it can go the other way
That being said this was known and highlighted in the last Pr.
They need some runway before the real revenues start coming in
The other thing that again I speculate on here are entities that want to keep this done in order to convert for more shares. And this is why possibly the AS had to be increased again. Who knows
A). Your description / explanation is basically called dilution. Which is fine as they already expressed they would do some share selling to market vume and maybe some other things (per sloppys message )
B) 10% of 1% is 0.1%. Just call it like it is. Still a nice sum but no need to try to inflate. Everyone has a stake and everyone is on their own will and understanding where they want to get in and out
I only hope they do this right and not just put up one or two signs and call it the day. Really hope they have something up their sleeve for this debut. And it would be ‘ideal’ if they partnered with some big name. We shall see.