TPT Global Tech Inc (TPTW)

[sloppyjones]

That's why they did the regA raise, to prove the company is worth funding. SEC agreed. Clearly they got a professional investor to bite. His resume is sick!
Its in the fins.

1 month from initial pr & agreement, so I imagine we should be hearing something soon.

Mr. John Richard (J.R.) Chantengco, Founder & Managing Director of Black Pearl Investments, said, "We are always seeking cutting-edge opportunities for funding as well as synergies which will allow us to contribute strategically through our varied expertise and strengths. We are joint venturing with TPT Global Tech, Inc. because of their strong sense of the future needs of communities, whether it is smart living, smart working or smart sustainability. This resonates very well with our investment mandate, which is to support next-generation businesses, clean technologies and renewable energy that will truly make a difference in our society."

According to the document descriptions as provided by BPI to date, they will be providing investments related to the "Green Smart City Projects" identified as Proposed Transactions through the SPA, starting with those based in Tuskegee and Birmingham, Alabama. As stated, the proposed investment from BPI would be approx. $650 Million over a yet-to-be-determined period, which will be invested through dedicated credit facilities and structured funds within each phase and/or project SPV according to the capital stack requirements subject to conditions precedent (i.e. engagement, setup fee, due diligence, underwriting, appraisal, feasibility, market studies, financial analyses, legal, compliance, final approval, et al).

BPI will provide investments through bonds, structured capital or other feasible investments for the first projects in Tuskegee and Birmingham, Alabama. TPT and BPI will finalize the exact terms, language and conditions for all engagements and projects through a detailed SPV operations agreement that is in the process of being drafted.

https://www.otcmarkets.com/stock/TPTW/news/TPT-Global-Tech-Receives-38-Million-Qualification-by-SEC?id=348648