TPT Global Tech Inc (TPTW)

[JBZ]

Not a Problem, Same Here. Especially with all the $$$ they are making too. Plus We've seen them tackle toxic debt and with the millions continuing to roll in i don't suspect them to stop all of a sudden with all they have going on..

SAN DIEGO, CA / ACCESSWIRE / February 14, 2020 / TPT Global Tech, Inc. ("TPTG or the Company") (OTCQB:TPTW) announces today it has successfully paid off a Merchant Cash Advance loan of $753K provided by Advance Funding located in New York City. The term of the loan was a principal loan amount of $500K, 10 months term with weekly repayments of $17,800 per week with a total payoff of $753K. The $500k loan was used as part of the debt and convertible debt facility TPT Global Tech raised to purchase SpeedConnect a rural wireless Internet Service Provider (ISP in Middle America) with 16,000 customers.

"As we keep moving forward in our debt restructuring efforts to tackle the toxic debt we acquired to purchase SpeedConnect, I am pleased that the company keeps moving in the right direction. Freeing up to close to $80K per month in free cashflow will surely help the company in its current 4G+/5G rollout." said Stephen Thomas CEO TPTG.