TPT Global Tech, Inc. (OTCMKTS: TPTW) is making a powerful move up the charts on accelerating volume quickly transforming into a volume leader and a big mover in small caps. TPTW has quickly attracted legions of shareholders including some top traders in small caps who continue to bid the stock higher.
TPTW is getting plenty of attention for its plan to launch 5G Technology to Rural America. The Company plans to deliver Mobile TV, Internet, Media Content and Phone services across 10 Midwestern States, Europe, Middle East and Africa utilizing its proprietary Network and Media delivery broadcast platform.
TPT Global Tech Inc. (OTC: TPTW) is a Technology/Telecommunications Media Content Hub for domestic and International syndication and also provides technology solutions to businesses domestically and worldwide. TPT Global Tech Inc. offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States.
In October of last year TPTW executed a Strategic Partnership agreement with Setelia SAS headquartered in Paris France. Through the Strategic partnership Setelia will certify and market TPT Global Tech’s 3D Smartphone and Mobile TV, VOD and Social Media platform to its 14 mobile provider clients throughout Europe, Middle East and Africa. Setelia’s largest Mobile client is France Telecom or Orange Mobile which has 256 Million customers worldwide.
The partnership with Setelia, a $50M per year European Technology certification company, marks a huge step forward for TPTW plan to launch a 5G Technology to Rural America. It also sets the stage for TPTG to deliver Mobile TV, Internet, Media Content and Phone services across 10 Midwestern States, Europe, Middle East and Africa utilizing our proprietary Network and Media delivery broadcast platform.
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TPTW boasts significant fast growing sales reporting $3.6 million in revenues for the 3 months ended September 30, 2019 up from just $286k for the same period last year. TPTW also posted over $6 million in revenues for the 9 months ended September 30, 2019.
On March 18 TPTW said it completed the acquisition of a majority of Bridge Internet, LLC. The company acquired 75% of Bridge Internet for 8M shares of common stock of TPTW, 4M of which vest equally over two years. As sufficient funding is raised by the Company, defined as around $3M, marketing funds of up to $200,000 per quarter for the next year will be provided and a formal employment agreement will be created for Trip Camper. Tower industry Veteran, Founder and CEO of Bridge Internet, Trip Camper, will retain the remaining 25% of Bridge Internet and stay on as the CEO, as well as become the acting CEO of TPT Speed Connect LLC.. Speed Connect LLC’s assets were acquired by the Company in May of 2019 and conveyed into a wholly owned subsidiary TPT SpeedConnect, LLC.. TPT Speed Connect is one of the largest Rural Wireless Internet Service Providers in the United States with operations in 10 Midwestern States.
Bridge Internet offers a Joint Venture (JV) business model to Municipalities, Cooperatives and Individual Territory Owners throughout the United States. It currently has no revenues. As a territorial, duplicatable, wireless internet service provider, this is a unique opportunity for potential JV partners to join an incredible revenue sharing business model. It is very easy for Municipalities, Cooperatives or Individual Owners to start JV businesses with Bridge Internet to provide their communities with state-of-the-art High-Speed Internet, Voice and IPTV services.
$TPTW check this out! TPT Global Tech plans on Deploying a 4G/5G network with our midwestern network & getting into the whole federal space with telecommunication infrastructure #TPTWhttps://t.co/9mLU3loPnv
— Penny (@4yorthoughts) March 11, 2020
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Currently trading at a $1.2m market valuation based on 597 million OS as of March 18 TPTW has $27 million in current liabilities which has caused serious dilution in the past. Now that notes seem to be clearing up Investors are accumulating; there is a lot to get excited about on TPTW, the Company has significant fast growing sales reporting $3.6 million in revenues for the 3 months ended September 30, 2019 up from just $286k for the same period last year.The Company has an ambitous plan to launch a 5G Technology to Rural America. The Company plans to deliver Mobile TV, Internet, Media Content and Phone services across 10 Midwestern States, Europe, Middle East and Africa utilizing its proprietary Network and Media delivery broadcast platform. We will be updating on TPTW when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TPTW.
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Disclosure: we hold no position in TPTW either long or short and we have not been compensated for this article.