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Yeah, and that update was almost a year late..
Doesn't mean anything.
They take forever to update their sites.
Yep. No more ownership. Guess we will have to see how it all shakes out. Tpts is now 500,000 preferred shares richer for the time being.
Maybe that could be used as collateral again elsewhere...
Correct. It seems to insinuate a bankruptcy.
However, I did look up when the MATOC was won, and it was April 4th.
The reconciliation agreement goes back to April 1st, so we still might work the Matoc with them. TPTS won it... clearly it was Everett and IST, that closed it.
Maybe they can still work together to get Everett out of whatever is haunting him?
Correct. That was what I was getting at. I believe this is for both Funding and Nasdaq. Can't have those lingering.
This is why I believe we will still work with them. They both understand and are just working around it. Which is why he had to step down off the board too. Once that issue is resolved, imo he will be back on the board and president, unless ST3 is sour on it. But that was a very amicable divorce.
This is a signal to me that they had to make this decision because we couldn't either obtain funding or uplist with whatever was lingering in Everett's past.
Sooooo, we have to be very close to something good like funding.
While it might seem like a negative and setback (which it might be) it is to move forward. Addition by subtraction...
How often are loans given where a spouse (or whoever) shouldn't be tied to the loan because their credit score hurts the rate, loan, or even approval; so the loan officer goes back and says, what if we just remove them? Then UW can approve because it's less risky.
IMO, them signing that means funding. That is what I am sensing. I COULD BE WAYYYY WRONG but it's just my gut feeling.
Agreed, but dime a dozen. Lots of solid relationships out there. This just kept it in house. Plenty of people getting out and wanting to sell or do something similar.
Challenge is finding someone willing to hand it over for share equity while
They are cash flow positive, and still willing to run that side of the biz. I have to admit, it appeared to be a very mutually beneficial acquisition with IST. I still would like to see them work together.
UW had to see something that they just couldn't move past with IST/Everett on the loan.
Regardless, Tekmovil is ready to on the VuMe side of things. For whatever reason, people want to get acquired or work with tpt once they get a peak behind the curtain.
Pure Speculation bomb.
Good point about quarterlies. It says they have to go back to April 1st of 23 as the date of this annulment. (lol April fools, coincidence?) Didn't IST actually add more debt to our financials? Regardless, it explains why these fins have been delayed and all od them since the acquisition of IST.
Remember how he said the acquisition of Broadband barely got them enough to uplist? Maybe they needed this off their books in order to start the uplist. We might be closer than anyone thinks to securing financing, the land, and the Broadband acquisition.
Has anyone ever seen such a clean break? Maybe they will still utilize IST in some capacity, which is why the break is so amicable? Seems strange otherwise.
They both clearly agreed it's the only way to move this forward, which is why it's such a friendly breakup. This should be a mess of a breakup otherwise. Imo, IST is still going to play a part in the future.
If he gives them the work, he should have enough to clear whatever debt he has on the books and enough for first right of refusal to buy back in to tpts.
Again, I feel some rs type fakery here again myself, or this just has to happen to move forward. I am calling BS for now. Spidey senses are tingling.
So they waited all this time to finally add IST logo to their main tpt global site a week ago to announce this? Seems off...
You read my mind. I mentioned the same thing to Pea.
UW gonna catch things and they probably had to make a tough decision. Maybe they will just spin them off and still use them to build. No hard feelings?
He wont... lol
It's still just a waiting game. Nothing changed.
The funny part is they literally just updated the main page with IST logo?
Better to have this happen now than after we break ground and the loan deal was signed.
Unless this is some fake rs type thing again??? Who knows. Doubt it but it's anyones guess.
Unfortunately this is just "par" for the course with them
While this appears to be a setback, let me remind all of us that IST was a 2 man mom and pop shop that did nothing to help our pps or financials...
So they will easily be replaced and it really shouldn't hurt our pps because it didn't help
Makes sense. Hope the best for you. Profit is aleays good. Sounds like you took your profit today at the high and were waiting for 001 again to buy back in?
Gotcha. Was this also you being snarky regarding par and 001? Roughly after 2 weeks you believe 001 a good time to buy now?
"You are absolutely right. The price will definitely not stay at 0.001. A huge RS is coming and further dilution afterwards. Your 0.001, which appears to you as a bargain right now, will be significantly less after the RS. There is nothing this “company” does that generates or will generate any meaningful revenue and profits. This “company” exists only through and because of toxic debt and dilution."
Thought you were waiting until 0004?
"I'm a buyer!!! At $0.0004 that is. I'll be loading up there."
Yeah, but you and I know that's small fries compared to what it has done and its potential. 0007 to .1 (all with zero contracts)
We know you will turn Gilligan real soon once it pops again, but it's nice to see Skip. Congrats on the 10 bagger.
Nah, just the jury on some haters
If your back, we must be getting ready for a run.
There he is. Welcome back old Ken! Glad to see you again!! :)
Have a great long weekend everyone!
True. Broadband acquisition has to be audited prior to September 30th which is why they put "could be extended." We have all seen closings get pushed. That's just life.
It would be nice if it wasn't, but you pretty much have to expect and account for them.
Thanks. Didn't realize that.
Nah. The sticky below yours has the link which I didn't realize. All good. Yours needs to stay for sure.
Thanks for asking
You and your boyfriend reegs really are a pair. Now you are both speaking in the third person and self diagnosing?? Impressive!! unlike your DD... ohhhhh dayum dayum DAYUM!
I mean, you did ask "hows this for DD?" Yeah, it was to Pea, but to be honest, DD is not your strength. So quit your day job or don't quit idk or care but is this your day job?
You spent all that time searching and found something that is meaningless.
- Insert Heath Ledger Joker clap gif.
Thanks for the diagnosis, but sorry doc, no drugs over here. Just high on life buddy boy. ;)
Seems like you get your medical research from the same place SusieUg gets her DD. Bwahahahahaha Well aren't you the pair.
Let me guess, you both are dating French models too, "because it was on the internet".
Typical cockroaches coming out for some crumbs. I wonder if you will survive the nuclear blast that TPT is about to launch?
I know some folks here, like me, that are going to see 7 figures AGAIN.
Appreciate all the responses from everyone who genuinely care about the truth and facts. The roaches are out because it has been dark here. The lights will be turned on soon and we all know what roaches do when that happens!
While I remain optimistic, there is reason to be skeptical too (this is the otc at the moment) but no need for blatant slander or just saying scam. Move along. Several of us while optimistic have still addressed the concerns with speculation and possible scenarios.
One thing is for certain, they are moving forward and getting closer to the goal line. Yes, they have fumbled some, turned the ball over, missed some easy field goals, but they are still in the game! I have a feeling fans will be happy, and very soon! Just my opinion based on the partnerships of the potential acquisitions and past ones.
Are you sure you know how to use those sites then? There are plenty of folks that have wanted to partner with TPT after seeing VuMe. There have also been beta tester quotes posted on FB and here as well. Frank himself still stands by VuMe being amazing, and he is extremely vocal about TPT and has no problem calling them out when justified. He has no reason to embellish anymore. There was posts about some capabilities from him on FB, Twitter, and here. They aren't allowed to post details when they have signed gag/NDA's. They had like 40k testers. I have searched and found plenty of folks discussing this on chat tech boards that are highly anticipating the launch, however, can't provide details because they will be sued.
Most recent:
"Oscar Rojas CEO at Tekmovil, remarked, "We believe this proposed acquisition is excellent for the mobile content landscape. We're thrilled to collaborate with TPT Global Tech and VüMe to create a dynamic and comprehensive mobile content ecosystem across the Americas."
He is trading in 60% of his 210milly company to be a acquired and partnered with VuMe. Is this CEO a scammer too?
https://feeds.issuerdirect.com/news-release.html?newsid=5885283509093783
Let me guess, Nick doesn't know what he is talking about either and wants to partner with a scammer and jeopardize his name?
The VüMe super app solution has been designed to provide one solution for most if not any product or service a customer may want or need, on one worldwide network.
"Creators and users have had enough of paying a heavy price for the online services they use. Whether it be their privacy, data, control of their assets, or an inability to connect services," said Nick Saponaro, CEO, Divi Labs. "The collaboration agreement with TPTW recognizes the important role that self-custodial services like the Divi Wallet may play in ensuring people can easily access the services they want to use while maintaining control of their most important assets."
Recently named the official regional crypto wallet for Spanish Football League, LaLiga (home of footballing giants, Real Madrid, and Barcelona), Divi Labs is on a mission to accelerate crypto's mainstream adoption. Through Divi Labs, the company may develop world-class decentralized solutions that make crypto currency faster, more secure, and accessible to people at all levels of technical expertise.
https://www.nasdaq.com/press-release/technology-and-media-company-tpt-global-tech-selects-divi-labs-crypto-wallet-for#:~:text=SAN%20DIEGO%2C%20CA%20%2F%20ACCESSWIRE%20%2F%20March%207%2C,V%CF%8BMe%20super%20app%20platform%20%28%22VuMe%22%29%20domestically%20and%20internationally.
Agreed. I took his words and the timeline from that interview. Nothing out of context.
Everyone should see that video and it should be stickied. No need to embellish or mislead, or misquote. It is here for everyone to see and listen to. I thought this was overlooked as well. I posted it several times because I didn't think people actually saw it at first. For whatever reason Youtube links go invisible on this site?
The link should definitely be stickied. Almost seems intentional that it's not for those that have the power to sticky it.
Come on man. Lets tighten it up a little. Give the full truth, not partial. Don't stoop as low as the people that want to see this fail or the "groups" that spread bs.
We know they have the "potential" to uplist WHEN the acquisitions close and the steps he laid out in the interview. And ST3 stated barely enough positive cash flow with the broadband acquisition, which tells me we really need both of those secured ahead of uplisting. (which I feel he will accomplish) Both companies have seen behind the curtain and clearly liked the view, just like Everett did and many others. Divy, GloGreen, Julisabar, etc...
Let's just spit it real. Currently they can't uplist.
Per ST3's own words, the timeline is this:
Philly and NY Roadshow with VuMe (This is where we currently are)
Achieve Funding/Investor (38 milly)
File S1 "to be able to uplist" - ST3'S words "This is to raise anywhere from 75-100milly"
Too be filed at the same time with FINRA and Nasdaq application
Comments back
Then answer comments
If SEC & Nas are satisfied with answers then (S1 becomes effective) and given a new symbol
Then able to uplist
Watch again and listen: (around the 4 min mark)
https://feeds.issuerdirect.com/news-release.html?newsid=8831360798286260
WARNING to potential new and old investors (the above sticky by VeronicaFox says it all) Just do your own research.
They are out tonight like blood sucking mosquitoes. I know its been hot, so they must think we are sweating, but we're not.
IST secured it for most. That was also an "if if if". Lol til it wasn't!
So was speed connect
So was view me
Blue collar
And everything else he built to bring it all together.
Latin America looking like a great market. I seem to remember someone saying Claudia is the real deal. Can't remember who. ;)
Good morning Jake and everyone!
Which tells me all I need to know too. If a company is looking to sell off 60%, theu clearly see the benefits to that 40% outweighs that and want to be a part of the launch. Then they are going to do debt restructuring with the gains.
The initial payment, amounting to up to $20 million can be made, at the election of the Tekmovil shareholders either in cash or through TPT Global Tech Series E Preferred Shares, but no less than $10 million in cash paid by October 31, 2023, unless extended by Tekmovil shareholders, is required to close.
From my understanding it should close on 10/31. Additional payments and other terms (debt restructuring) for the March 24 date.
Thanks for clarifying. While that would be concerning, I don't see it as a concern here.
From the timelines given to us ST3 is looking to uplist around December 1st (give or take) 120 days from 8/1 PR where he announced that Broadband Infrastructure Inc should close 9/30.
Yesterday's PR is anticipating closing 10/31 (both well ahead of anticipated 12/1 uplisting forecast)
The initial payment, amounting to up to $20 million can be made, at the election of the Tekmovil shareholders either in cash or through TPT Global Tech Series E Preferred Shares, but no less than $10 million in cash paid by October 31, 2023, unless extended by Tekmovil shareholders, is required to close.
That is why I wasn't sure what or why you were concerned with him rushing the uplisting. It appears to be laid out quite nicely, but anything is possible.
Since the new acquisition is maintaining 40% ownership, I would imagine they intend to launch this properly too.
Just curious why you think he would need to rush it prior to those MOU's materializing?
They are working overtime today. Mmmmm Tommy like wingies
Hey Dubs, I am all for concerns being posted and never said anything was wrong with posting concerns. I have posted plenty myself. I am just trying to understand your concern. Are you saying he RS's before the acquisitions are completed? Is that what you are referring to when you say ST3 Will Rush it?
My question is what is leading you to believe this is a concern?
Help us/me understand your biggest concern of "st3 rushing to do an RS?"
The one thing we all know about st3 is that NOTHING has been rushed! lol Even you can appreciate that. He has done quite a bit to forgo an RS. What leads you to believe this and make this claim?
If he secures both of the recent acquisitions, it's most likely because he has been approved for financing. He is just utilizing his Series E as collateral until announced is what I am seeing. He just proved their value & worth with these latest pr acquisitions announcements.
He also proved VuMe's worth as well. Everyone else that has peeked behind the curtain believes VuMe looks extremely promising by their actions.
You say a lot of bs with little bits of truth sprinkled in. Almost like a politician and nobody likes them.
While the MOU is forward looking (similar to every acquisition tpt made) it helps when the said acquisition (Tekmovil) CEO states "the PROPOSED acquistion is excellent for the content landscape. We are THRILLED to collaborate with tpt global tech and VuMe to create a dynamic and comprehensive mobile content ecosystem across the Americas"
Oscar is saying this while giving up 60% of a 210milly organization for shares and potential. That speaks volumes!!
So who do we believe?? You or the CEO of the 210 milly company?? Who has seen VuMe (and yes, it apparently works!!) Lol StokMonkey/ABC