Tpt Global Tech Stock Price, News & Analysis

TPT Global Tech, Inc. (TPTW) has announced a Joint Partnership with the City of Tuskegee, Alabama, to develop a $200 million Smart City project. The initiative aims to create a manufacturing facility, residential living spaces, and various industries, boosting local employment and the regional economy. Funding will come from municipal bonds, tax credits, and grants. The project will utilize advanced robotics to recycle shipping containers into sustainable housing units and is expected to attract global industries like aerospace, telecommunications, and biotechnology over three years.

TPT Global Tech, Inc. (TPTW) has signed a collaboration agreement with Divi Labs to integrate the Divi Wallet into its VϋMe super app. This anticipated launch aims to provide a comprehensive digital experience by combining social media and payment services. The integration will enhance decentralized payment features, offering services like multicoin storage and staking vaults. TPTW emphasizes the importance of user control and the ease of accessing essential services. The collaboration aligns with TPTW's goals to make cryptocurrency accessible and user-friendly.

TPT Global Tech (TPTW) announced that its Chairman & CEO, Stephen Thomas, will speak at The World Conference of Mayors on March 4, 2022, in Tuskegee, Alabama. This event aligns with the Historic Black Towns and Settlements Alliance meeting. Thomas will discuss TPTW's technology transfer initiatives aimed at supporting communities. TPT Global Tech specializes in telecommunications, medical technology, and cloud-based services, including Covid-19 testing systems. The conference seeks to foster positive relations among mayors globally, enhancing community technological access and support.

TPT Global Tech (OTCQB:TPTW) announced on February 14, 2021, the filing of an 8-K revealing authorization for an additional 1 billion common shares. This move positions the company for future funding aimed at uplisting to a major US stock exchange and meeting warrant commitments. The newly authorized shares are currently held in corporate treasury and have not been issued. TPT Global Tech specializes in technology solutions spanning telecommunications, medical technology, and SaaS offerings.

TPT Global Tech (TPTW) announced that its telecommunications subsidiary, TPT Speed Connect, has made significant progress in its network build-out to launch marketing efforts for its 4G+/5G services in Texas, Idaho, and Arizona. This move is part of a broader initiative to enhance rural broadband access and increase market share. The company plans an aggressive marketing strategy to attract new customers across 10 states, aiming to accommodate up to 30,000 customers. Feedback on new network capabilities has been positive, exceeding initial expectations.

TPT Global Tech, Inc. (TPTW) announced the launch of its first "QuikLAB" portable lab for Covid-19 testing in Grenada. Set to open on January 5, 2022, this initiative aims to facilitate testing for both tourists and local citizens, leveraging the "QuikPASS" platform for digital verification of results. Testing fees will be $85 for antigen tests and $120 for PCR tests. The move expands TPTW's operations in the Caribbean, following successful implementations in Jamaica. The company anticipates significant engagement, given Grenada's pre-Covid annual tourism of 4 million visitors.

TPT Global Tech (OTCQB:TPTW) has announced the establishment of its Digithrive Subsidiary within its SaaS Division, focusing on Fintech activities like Crypto, Digital Mobile, and Internet Banking technologies. The company aims to leverage its existing assets and expertise to enter rapidly growing sectors. Although it will not launch its own Crypto coin, TPTW plans to enhance customer experiences through innovative technology platforms. CEO Stephen J. Thomas III emphasizes the company's commitment to remain a leader in cutting-edge technology solutions.

TPT Global Tech is set to launch VüMe, a comprehensive 'Super App' aimed at consolidating varied services like social media, entertainment, and banking into one platform for mobile and desktop users. This all-in-one application is designed to cater to content creators, influencers, and everyday users, simplifying access to services such as live shopping, audio/video chats, digital banking, and gaming. Scheduled for release in early Q1 of 2022, TPT Global Tech anticipates this innovative solution will enhance its financial position through sponsorships and additional revenue streams.

TPT Global Tech (OTCQB:TPTW) announced raising $2.17 million in bridge financing through Spartan Capital. This funding involves convertible promissory notes with an 8% discount and 10% interest rate, convertible at a 25% discount if the company lists on Nasdaq within nine months. The proceeds will support working capital and debt repayment. In a separate agreement, TPTW settled a $600,000 note and warrant agreement with Auctus Fund for $763,231.97. The CEO emphasized that this funding is a step toward the company's goal of an up-listing to a major exchange.