TPT Global Tech Inc (TPTW)

[stokmonkey]

Failed RegA was offering 7.6m preferred-D shares at $5/share was their plan A. For investors to have any incentive to participate in that and come out ahead, minimum of 500:1 RS would have been needed for a normal company. Now for an inept, underperforming company such as this one with consistent losses and huge SH deficits for years, they need a min of 1000:1 to account for the 50-60% overnight drop on shorting. It looks like there were no takers for the RegA.. no one wants to touch this toxic debt laden POS.

So their plan B is to act like any other run-of-the-mill OTC dilution scam. They will issue preferred shares at a discount to back the toxic debt they take on in order to pay the golf membership fees and house rent. Those preferred shares will convert and dilute y'all "investors". And at the end of the year, ST3 will tweet you a Christmas card to thank you for your contribution in paying his bills. That's all there is to it LOL.