Tpt Global Tech Stock Price, News & Analysis

TPT Global Tech, Inc. (OTCQB:TPTW) announced a Joint Venture (JV) with UM Power Limited to develop a Private Industrial Park in Uttar Pradesh, India. The JV aims to invest up to $100 million, leveraging UM Power's 380-acre land parcel and the state's planned $23 million infrastructure investment. The park will cater to multiple industries, including aerospace, telecommunications, and biotechnology, potentially generating 21,000 direct and 90,000 indirect jobs. The agreement is valid for five years, with completion of definitive agreements expected within three to six months.

TPT Global Tech (OTCQB:TPTW) has partnered with UM Group to create an exclusive joint venture to develop an Industrial "Smart City" in Uttar Pradesh, India. TPT Global Tech is committed to investing up to $100M and will leverage its technological expertise. The project aims to host diverse industries, potentially creating 21,000 direct and 90,000 indirect jobs. The joint venture is set to finalize definitive agreements within three to six months, with initial infrastructure development backed by approximately $48M from UM Group and local government.

TPT Global Tech, Inc. (TPTW) is expanding its Caribbean operations by launching the "QuikLAB" Covid testing and "QuikPASS" verification platform in Grenada. This initiative comes amid rising Covid Delta variant concerns. Tourists can utilize the QuikLAB app for testing and displaying results via QR codes, facilitating safe travel. The company charges $85 for antigen tests and $120 for PCR tests. TPT aims to be a leader in combating infectious diseases while increasing revenue in the region. The "QuikPASS" platform, already implemented in Jamaica, verifies testing compliance for travelers.

TPT Global Tech has appointed Khandwala Securities Limited as financial advisors and investment bankers for establishing an Industrial Smart City in India. This initiative, part of their India Corporate initiative, aims to attract over $3 billion in co-investments, creating approximately 21,000 direct and 90,000 indirect jobs over the next two decades. The Smart City will enhance industries like Aerospace, 5G, and IoT, focusing on sustainability and technological innovation.

TPT Global Tech Inc. (TPTW) appointed Mr. Harnish Gajjar as the Chief Strategy Officer and Country Director (India). With over 16 years of experience in business development, finance, and strategy, Gajjar will focus on group strategy, revenue generation, and international expansion. His role is expected to enhance TPTW's presence in India, leveraging his diverse sector experience. The company aims to capitalize on opportunities in the Indian market, with Gajjar contributing to strategic objectives and shareholder value enhancement.

TPT Global Tech Inc. plans to expand its operations in India, led by Major General John F. Wharton (Ret.), aiming to tap into sectors like Smart Cities, Aerospace, and BioTech. CEO Stephen J. Thomas III emphasized leveraging advanced technologies and market intelligence to create value for shareholders. This move aligns with the company’s strategy to build lasting partnerships and enhance revenue in a vast market. The expansion is timely, addressing immediate needs with robust products and services, positioning TPT Global Tech for long-term growth.

TPT Global Tech announced a merger between its subsidiary TPT Strategic and Education Systems Management (EDSM), focusing on technology, med-tech, and behavioral health. TPT shareholders will receive stock in TPT Strategic as a dividend post-merger, expected by August 1, 2021. EDSM, generating approximately $4 million in revenue, will develop a telemedicine platform with TPT Strategic for a cost not exceeding $3.5 million. The new entity will enhance services in behavioral health, COVID-19 testing, and community support.

TPT Global Tech Inc. (OTCQB: TPTW) has announced that R&B legend Larry "D" Dodson will host its concert production, "Back to Life, Back to Reality", scheduled for June 18-19 in Tunica, MS. The event features renowned artists including Dru Hill, Silk, and Trina, promising a vibrant celebration as fans eagerly return post-Covid. Ticket prices range from $55 to $200, offering various access options. TPT is collaborating with Events.com and local authorities to revitalize the area’s tourism and economy while ensuring safety through its QuikPASS™ technology.

TPT Global Tech (TPTW) has signed a Common Stock Purchase Agreement with a Southern California institutional investment fund, allowing for an investment of up to $5 million. This capital will assist the company in pursuing an up listing to a major US stock exchange, either NASDAQ or NYSE. The funds will be utilized for debt reduction, network expansion, and development of health technology products. The investment structure is designed to minimize shareholder dilution, as shares can be sold as needed until December 31, 2021.