TPT Global Tech Inc (TPTW)

[peafunke]

The AS has risen to 15 billion

https://www.otcmarkets.com/stock/TPTW/security


ST3 must retain 60% of that 15 billion (9 billion) in case his series A have to convert (in a hostile take over situation). Of course this wasn’t done over the past few months but it is stated somewhere in the Ks and Qs.

That leaves 6 billion.
As you pointed out, there is about 2.6 billion in the OS. 750 million can be issued to pay 1800 diagonal should their shares convert for this latest loan / loans.

3.5 billion are now reserved (not issued but could be) for compensation and promotional shares and payments.



Post reverse split, the offering is ~7.5 million (not billion) at $6.50 a share so it is assumed there will be a significant reverse split (my assumption and expectation… I hope not though). This doesn’t take into account the post reverse split compensation in shares that seem to add up in the 10s of millions (sorry I don’t have the details in front of me but I outlined it a week or so ago).


The thought though is this should rise prior to the actual RS.

Hope that helps.