Replies to post #79895 on TPT Global Tech Inc (TPTW)

[Steve1978]

The S-1 is to register shares. These shares are just being registered to the board members and employees. They are not being sold and the TPTW float remains the same. The TPTW float has not changed since April 2020 and wont change.

[PamelaR]

Because of the filing to sell Series D Preferred shares, they are required to publicly register the shares belonging to insiders, which is what they did on Form S-1

You may have noticed the S-1 form lists total shares owned as well as number of shares to be sold, which are the non-restricted shares. I did some research and that seems to be a standard format on Form S-1, even if they don't actually intend to sell. But I had some other questions about the Series D stock so I called Stephen Thomas, the CEO on Tuesday. I asked him was about the shares being listed as though they were going to be sold. He was very emphatic that NO insiders have any intention to sell their shares. He pointed out that if you look as the past filings (as I had already done), you will see the numbers have not changed at all.

No insiders have sold any shares, or have any intention of selling their shares. I hope this is helpful.
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