TPT Global Tech Inc (TPTW)

[PamelaR]

I don't know why TPT Global Tech needs to engage an outside marketing company when they already have a content creation company which seems to be very good at what they do. Why not add someone with marketing expertise to head up a department within Blue Collar Productions as TPT's in-house marketing arm? Who knows, they might be able to expand into a branch that brings in new revenues as a marketing company. They already have the assets and the talent to do so.

I rarely criticize TPTW, but it is my opinion they should determine what are their core strengths and concentrate on them. Do they want to be a tech company, or do they want to be a construction company? If it is a tech company, in what segments of technology are they most likely to be profitable? If it is in smart cities, go after contracts to provide the technical segments.

Sell off any operational subsidiaries that don't contribute to what has been determined as being the core strengths and aren't bringing in substantial revenues. Put a moratorium on buying new companies unless they are absolutely necessary--meaning TPTW has a contract in place for which there are segments where they don't have the expertise and they can't hire or sub-contract the expertise. (Notice I did not say "partner with.") Based on that criteria, the last acquisition shouldn't have happened, unless I missed a lot when I conducted my research.

Bottom line, streamline, streamline, streamline, and get on a track to profitability. Just my opinion.