TPT Global Tech Inc (TPTW)

[peafunke]

I read the filing. It’s a straight read.
Basically said this guy Kramer countered many of these otc companies into this sort of lending practice fully recognizing these are dilutive events. As I stated long ago, these guys get their money with the steep discounts and causing the sp to drop considerably in how they did this stuff in tranches.

Items 43-45 noted in the filing. Nothing to do with ‘trader groups’.

The verbiage and descriptions are straight up the same in the S1 (and other filings) that described the loans and notes.

The question is did st3 know how this would fall out when signing g up for these sort of loans (how the sp would drop considerably) and what happens next. It mentions something of not allowing any more conversions (which would be good for any outstanding loans ) but it doesn’t appear there is anything with regards to share returns / buy backs. It’s more along the lines of profits being returned. But I don’t see how these loans then get paid off.

Anyway. Shows what some of us knew all along that these loans and notes diluted and put a lot of downward pressure on the sp.