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11/05/20 7:50 AM

#80928 RE: Steve1978 #80927

THIS was from their report

HOW do you raise money without any stock available ?

TPTW Prospectus which was filed with the SEC on September 29th, 2020 (so this is quite recent). "We anticipate needing an estimated $45,0000,000 in capital to continue our business operations and expansion." Please notice the emphasis on the word "continue". The Preferred Stock Offering, which is the proposed solution to this enormous amount of debt, which accrues interest, and which 7% is already past due, is a last resort effort to save TPTW from Bankruptcy. The Preferred Stock Offering is their last hope. The exact wording of needing $45M+ to continue -business operations- is about as enormous of a red flag that could possibly exist.