Replies to post #42163 on TPT Global Tech Inc (TPTW)

[Steve1978]

Exactly... Keep in mind, TPTW did not even have to agree to do this extension. They could have told the note holder to pound sand since they received the collateral (Shares of Stock). But TPTW values the relationship as I could tell from reading the PR, so they decided to work with them. TPTW is a stand up company, they are in process of raising 40 million dollars for future expansion with preferred stock.

[RoamingBull]

Remember over $100k of interest on the original note was rolled into the loan. In my view they are giving tptw an oppty to pay it off without incurring any further interest.

Only way to keep a good lender is both sides to win being together