EXHIBIT 10.1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: October 6, 2021
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TPT Global Tech, Inc. |
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(Exact name of registrant as specified in its charter) |
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FL |
333-222094 |
81-3903357 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
501 West Broadway, Suite 800, San Diego, CA 921101
(Address of Principal Executive Offices) (Zip Code)
(619)301-4200
Registrant's telephone number, including area code
_____________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: None
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Title of each Class |
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Trading Symbol |
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Name of each exchange on which registered |
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N/A |
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N/A |
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N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 1.01 Entry into a Material Definitive Agreement
FirstFire Global Opportunities Fund LLC
Convertible Promissory Note:
Effective October 6, 2021, TPT Global Tech, Inc. (the “Company”) and FirstFire Global Opportunities Fund LLC (“Holder”) entered into a Convertible Promissory Note totaling $1,087,000 (“Note 1,” Exhibit 10.1) and a Securities Purchase Agreement (“SPA 1,” Exhibit 10.2 (altogether, the “Transaction Documents”).
Note 1 is due nine months from funding, has an original issue discount of 8% and interest rate at 10% per annum (default, as defined, at 24%). There is a mandatory conversion in the event a Nasdaq Listing prior to nine months from funding for which the Holder’s principal and interest balances will be converted at a price equal to 25% discount to the opening price on the first day the Company trades on Nasdaq. There is also a voluntary conversion of all principal and accrued interest at the discretion of the Holder at the lower of (1) 75% of the two lowest trade prices during the fifteen consecutive trading day period ending on the trading day immediately prior to the applicable conversion date or (2) discount to market based on subsequent financings with other investors. The Holder was given registration rights. Note 1 may be prepaid in whole or in part of the outstanding balances at 115 % prior to maturity. 125,000,000 common shares of the Company have been reserved with the transfer agent for possible conversion. The use of proceeds will be for working capital and to pay off existing debt.
Securities Purchase Agreement:
The Company and the Holder executed the Securities Purchase Agreement (“SPA 1”) in accordance with and in reliance upon the exemption from securities registration for offers and sales to accredited investors afforded, inter alia, by Rule 506 under Regulation D as promulgated by the United States Securities and Exchange Commission (the “SEC”) under the 1933 Act, and/or Section 4(a)(2) of the 1933 Act. The SPA 1 outlines the purchase of the Note 1 (the “Securities”), and the Holder understands that the Securities are being offered and sold to it in reliance on specific exemptions from the registration requirements of the 1933 Act and state securities laws and that the Company is relying upon the truth and accuracy of, and the Holder’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of the Holder set forth in the SPA 1 in order to determine the availability of such exemptions and the eligibility of the Holder to acquire the Securities.
Cavalry Investment Fund LP
Convertible Promissory Note:
Effective October 13, 2021, TPT Global Tech, Inc. (the “Company”) and Cavalry Investment Fund LP (“Holder”) entered into a Convertible Promissory Note totaling $271,250 (“Note 2,” Exhibit 10.3) and a Securities Purchase Agreement (“SPA 2,” Exhibit 10.4 (altogether, the “Transaction Documents”).
Note 2 is due nine months from funding, has an original issue discount of 8% and interest rate at 10% per annum (default, as defined, at 24%). There is a mandatory conversion in the event a Nasdaq Listing prior to nine months from funding for which the Holders principal and interest balances will be converted at a price equal to 25% discount to the opening price on the first day the Company trades on Nasdaq. There is also a voluntary conversion of all principal and accrued interest at the discretion of the Holder at the lower of (1) 75% of the two lowest trade prices during the fifteen consecutive trading day period ending on the trading day immediately prior to the applicable conversion date or (2) discount to market based on subsequent financings with other investors. The Holder was given registration rights. Note 2 may be prepaid in whole or in part of the outstanding balances at 115 % prior to maturity. 31,250,000 common shares of the Company have been reserved with the transfer agent for possible conversion. The use of proceeds will be for working capital and to pay off existing debt.
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Securities Purchase Agreement:
The Company and the Holder executed the Securities Purchase Agreement (“SPA 2”) in accordance with and in reliance upon the exemption from securities registration for offers and sales to accredited investors afforded, inter alia, by Rule 506 under Regulation D as promulgated by the United States Securities and Exchange Commission (the “SEC”) under the 1933 Act, and/or Section 4(a)(2) of the 1933 Act. The SPA 2 outlines the purchase of the Note 2 (the “Securities”), and the Holder understands that the Securities are being offered and sold to it in reliance on specific exemptions from the registration requirements of the 1933 Act and state securities laws and that the Company is relying upon the truth and accuracy of, and the Holder’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of the Holder set forth in the SPA 2 in order to determine the availability of such exemptions and the eligibility of the Holder to acquire the Securities.
Cavalry Fund I, LP
Convertible Promissory Note:
Effective October 13, 2021, TPT Global Tech, Inc. (the “Company”) and Cavalry Fund I, LP (“Holder”) entered into a Convertible Promissory Note totaling $815,250 (“Note 3,” Exhibit 10.5) and a Securities Purchase Agreement (“SPA 3,” Exhibit 10.6 (altogether, the “Transaction Documents”).
Note 3 is due nine months from funding, has an original issue discount of 8% and interest rate at 10% per annum (default, as defined, at 24%). There is a mandatory conversion in the event a Nasdaq Listing prior to nine months from funding for which the Holders principal and interest balances will be converted at a price equal to 25% discount to the opening price on the first day the Company trades on Nasdaq. There is also a voluntary conversion of all principal and accrued interest at the discretion of the Holder at the lower of (1) 75% of the two lowest trade prices during the fifteen consecutive trading day period ending on the trading day immediately prior to the applicable conversion date or (2) discount to market based on subsequent financings with other investors. The Holder was given registration rights. Note 3 may be prepaid in whole or in part of the outstanding balances at 115 % prior to maturity. 93,750,000 common shares of the Company have been reserved with the transfer agent for possible conversion. The use of proceeds will be for working capital and to pay off existing debt.
Securities Purchase Agreement:
The Company and the Holder executed the Securities Purchase Agreement (“SPA 3”) in accordance with and in reliance upon the exemption from securities registration for offers and sales to accredited investors afforded, inter alia, by Rule 506 under Regulation D as promulgated by the United States Securities and Exchange Commission (the “SEC”) under the 1933 Act, and/or Section 4(a)(2) of the 1933 Act. The SPA 3 outlines the purchase of the Note 3 (the “Securities”), and the Holder understands that the Securities are being offered and sold to it in reliance on specific exemptions from the registration requirements of the 1933 Act and state securities laws and that the Company is relying upon the truth and accuracy of, and the Holder’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of the Holder set forth in the SPA 3 in order to determine the availability of such exemptions and the eligibility of the Holder to acquire the Securities.
Item 1.02 Termination of a Material Definitive Agreement
On March 18, 2019, the Company issued to the Investor a convertible promissory note in the principal amount of $600,000.00 (the “Auctus Promissory Note”) and Warrant Agreement (the “Auctus Warrant Agreement”) pursuant to that certain securities purchase agreement dated March 18, 2019 (the “Auctus SPA”) with Auctus Fund, LLC (“Auctus”). Pursuant to claims by Auctus that the Company had not complied with terms of the Auctus SPA, the Company and Auctus entered into a settlement agreement dated October 13, 2021 whereby the Company would pay $763,231.97 and allowance of Auctus exercising its right to exercise 15,000,000 warrants to purchase 15,000,000 common shares of common stock. Auctus agreed to limit the sale of common shares of the Company to 2,000,000 during each respective calendar week. At the time of the settlement agreement, the Company had recorded approximately $1,700,000 in accrued principal and interest and an additional derivative liability of approximately $3,800,000. The Settlement and Mutual Release Agreement is attached hereto as Exhibit 10.7.
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Item 2.03 Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
See the disclosures under Item 1.01 of this Current Report on Form 8-K, incorporated herein by this reference.
Item 3.02 Unregistered Sales of Equity Securities
See the disclosures under Item 1.01 and Item 1.02 of this Current Report on Form 8-K, incorporated herein by this reference.
Item 7.01 Regulation FD Disclosure.
Press Release
The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing.
On September 14, 2021, the Company issued a press release entitled “TPT Global Tech's SaaS Division's Gaming Social Media APP "VOICOPS" is LIVE!” A copy of the press release is attached hereto as Exhibit 99.1.
On September 17, 2021, the Company issued a press release entitled “As Covid Delta Variant Continues Rising, TPT Global's Subsidiary TPT MedTech Expands Caribbean Presence with New Testing Capabilities in Grenada.” A copy of the press release is attached hereto as Exhibit 99.2.
On September 22, 2021, the Company issued a press release entitled “TPT Global Tech's Subsidiary TPT MedTech Partners with Grenada’s St. Augustine Medical Services (SAMS) to Provide Comprehensive Covid Testing Capabilities in Grenada.” A copy of the press release is attached hereto as Exhibit 99.3.
On October 12, 2021, the Company issued a press release entitled “TPT Global Tech CEO Stephen J. Thomas III to Present at the Emerging Growth Conference on October 13, 2021.” A copy of the press release is attached hereto as Exhibit 99.4.
On October 13, 2021, the Company issued a press release entitled “TPT Global Tech, Inc. Signs Joint Venture Agreement with India's Alpha Design Technologies To Launch Subsidiary TPT Alpha Design Establishing Combined Operations In the United States.” A copy of the press release is attached hereto as Exhibit 99.5.
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Item 9.01 Exhibits
The following exhibits are filed with this report on Form 8-K.
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Exhibit Number |
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Exhibit |
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Convertible Promissory Note with FirstFire Global Opportunities Fund LLC |
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Securities Purchase Agreement with FirstFire Global Opportunities Fund LLC |
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Convertible Promissory Note with Cavalry Investment Fund, LP |
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Securities Purchase Agreement with Cavalry Investment Fund, LP |
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Settlement and Mutual Release Agreement with Auctus Fund, LLC |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
| TPT Global Tech, Inc. | |||
| By: | /s/ Stephen J. Thomas III | ||
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Stephen J. Thomas III, | |
| Chief Operating Officer | |||
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Date: October 18, 2021 |
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EXHIBIT 10.1
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EXHIBIT 10.2
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EXHIBIT 10.3
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EXHIBIT 10.4
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EXHIBIT 10.5
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EXHIBIT 10.6
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EXHIBIT 10.7
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EXHIBIT 99.1
TPT Global Tech's SaaS Division's Gaming Social Media APP “VOICOPS” is LIVE!
TPT's APP provides a unique gaming experience for Amazon's highly anticipated Medieval New World video game
SAN DIEGO, CA / ACCESSWIRE / September 14, 2021 / TPT Global Tech, Inc. (“TPTW or TPT Global Tech”) (OTCQB:TPTW) www.tptglobaltech.com based in San Diego, California, a technology-based company with divisions providing telecommunications, medical technology, media content for domestic and international syndication as well as technology solutions, today announced its SAAS (Software as a Service) Division's Gaming Social Media App “VOICOPS” is now LIVE and available in perfect time for Amazon's Medieval New World video game! “VOICOPS” is the company's first gaming-focused APP and provides REAL-TIME Looking-for-Group (LFG) function and a speedy way for gamers to group-up live in our App with live audio chat “Chat ROOMS”. The VOICOPS Gaming Social Media App also allows for unlimited users to join the audience mode to listen-in on the action from each team. “VOICOPS” features several built-in social media functions for gamers to post articles, videos of game-play, and direct links to YouTube videos.
The initial gaming-focused platform “VOICOPS” features will align with Amazon's highly anticipated Medieval New World video game. TPT's “VOICOPS” is LIVE and ready to be coupled with the Medieval New World's official launch.
The primary benefit of “VOICOPS” will be the ease of finding audio chat groups featured LIVE and in real-time gaming platforms around the world. The Medieval New World game currently does not have any features to handle this kind of in-game interaction. Most video game platforms do not offer this level of functionality. “VOICOPS” users will uniquely be able to open a public or private live audio room and show in real time by server and Looking for Group (LFG), Player vs Player, Dungeons, Questing, etc...
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The “VOICOPS” app offers a live news feed where all the users can post articles, YouTube videos, photos about the games they enjoy and be a part of the Medieval New World Community. YouTube content creators can also post YouTube video links and reach a larger viewing audience that are focused on the game's content. Companies (Guilds) can set up a presence in the company's “VOICOPS” app and offer recruiting, meetings with live audio, live presentations and plan large attacks on other factions.
“We are honored to be the first to go LIVE with a robust interactive feature for the gaming community and market worldwide. “VOICOPS” is the prelude to the upcoming launch of our Super App slated for launch late in the 4th quarter of this year or early in 2022,” said Stephen J. Thomas CEO TPT Global Tech.
About TPT Global Tech
TPT Global Tech Inc. (OTC:TPTW) based in San Diego, California, is a Technology/Telecommunications Media Content Hub for Domestic and International syndication and also provides Technology solutions to businesses domestically and worldwide. TPT Global 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. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media, and collaboration features in today's global technology markets. TPT also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones Cellphone Accessories, and Global Roaming Cell phones.
Contact:
Shep Doniger 561-637-5750 sdoniger@bdcginc.com
Frank Benedetto 619-915-9422 fb@miradorconsulting.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
SOURCE: TPT Global Tech, Inc.
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EXHIBIT 99.2
As Covid Delta Variant Continues Rising, TPT Global's Subsidiary TPT MedTech Expands Caribbean Presence with New Testing Capabilities in Grenada
Company Set to Open “QuikLAB™” Covid Testing Lab and “QuikPASS™” Check and Verify Passport Platform Near International Airport
SAN DIEGO, CA / ACCESSWIRE / September 17, 2021 / TPT Global Tech, Inc. www.tptglobaltech.com (“TPTW or the Company”) (OTCQB:TPTW) announced today that its subsidiary TPT MedTech www.tptmedtech.com is expanding its Point of Care (POC) operations in the Caribbean with the introduction of its services in Grenada. With the Covid Delta variant continuing its rise globally, TPT's operations will include Covid testing through the availability of its “QuikLAB™” and “QuikPASS™” Check and Verify Passport technology platform to tourists, local citizens, and government agencies.
Tourists in the country who are tested by an authorized “QuikLAB” facility will have to download the “QuikLAB” App, get tested and present and show their “QuikPASS” report results electronically via a QR code on their “QuikLAB” app. Once cleared to travel, tourists show or scan their “QuikPASS” QR code which displays their HIPPA compliant testing records to verify that they have been tested within the required timeframe making them free to travel home. The company has been successfully running its QuikLAB and QuikPass technology platform in Jamaica where international travelers at both international airports in Montego Bay and Kingston are using the QuikPASS verification platform to travel home to their respective countries.
Travelers from Grenada to the US, Canada, the UK, and other countries may utilize “QuikPASS” or other COVID passport apps available or get tested at any approved facility and show their negative COVID-19 laboratory test results at the airport in the form of written documentation (electronic or printed) for clearance to travel. The CDC and other foreign authorities have mandated that all travelers coming back from the Caribbean, Mexico, and Latin America must be tested before arrival into the United States, Canada, and the UK. TPT MedTech will charge QuikLAB customers $85 for an antigen test and $120 for a PCR test in Grenada. Pre-Covid, Grenada saw 4 million tourists enter and depart the country annually.
“We will continue to expand our Caribbean footprint as a leader in the fight against infectious diseases, Covid 19 and all variants,” said Stephen Thomas, CEO of TPT Global Tech. “We expect to continue to play a major role in keeping tourists and business travelers safe and compliant while seeking additional revenue growing opportunities across the Caribbean through our proprietary medical solutions.”
TPT MedTech developed its “QuikPASS™” Check and Verify passport system and Covid 19/Vaccination monitoring platform to serve corporations, government organizations, schools, airlines, hospitals, event venues, restaurants, hotels, and nightclubs. TPT solutions will check and verify that an individual has been tested for Covid 19 and variants as well as those vaccinated. TPT will provide proof individuals are able to travel or gain access to venues with the idea that everyone inside that venue would be virus-free. The “QuikPASS” “Check and Verify” passport-style platform works with third-party testing labs and organizations that participate in the “QuikPASS” Network and will be offered FREE to US domestic and international business commerce and government organizations around the world.
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About TPT Global Tech
TPT Global Tech Inc. (TPTW) based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology and product distribution, media content for domestic and international syndication as well as technology solutions. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cell phone services, Mobile phones Cell phone Accessories, and Global Roaming Cell phones.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
PR-Shep Doniger
sdoniger@bdcginc.com
561-637-5750
IR-Frank Benedetto
619-915-9422
SOURCE: TPT Global Tech, Inc.
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EXHIBIT 99.3
TPT Global Tech's Subsidiary TPT MedTech Partners with Grenada’s St. Augustine Medical Services (SAMS) to Provide Comprehensive Covid Testing Capabilities in Grenada
TPT Delivers First “QuikLAB” Covid Testing Lab and Will Deploy “QuikPASS” Check and Verify Passport Platform in Conjunction with SAMS Testing Capabilities Near International Airport
SAN DIEGO, CA / ACCESSWIRE / September 22, 2021 / TPT Global Tech, Inc. www.tptglobaltech.com (“TPTW or the Company”) (OTCBB:TPTW) announced today that its subsidiary TPT MedTech www.tptmedtech.com is partnering with St. Augustine Medical Services (SAMS) www.samsgrenada.com of Grenada to expand Point of Care (POC) operations in the Caribbean. TPT has just delivered the first of its “QuikLAB™” mobile laboratories to the island and will be working with SAMS to combine its testing capabilities with TPT's “QuikPASS™” Check and Verify Passport technology platform to accurately and efficiently provide Covid testing for tourists, local citizens, and government agencies.
SAMS is a leading provider of respiratory infection detection in Grenada, removing the guesswork with syndromic testing by utilizing a multiplex PCR test. This methodology takes one sample from a patient and combines it with several possible pathogens into one test, with results in about an hour. Coupled with TPT's “QuickPASS” Check and Verify System, the partnership will be providing one of the most robust testing, tracking, and reporting systems in the Caribbean.
“We endeavor to protect our citizens and visitors to our island at all times and working with TPT's Medical division on a comprehensive program for testing will add to what we've already done,” said L.N. Amechi M.D., Managing Director of St. Augustine Medical Services. “We've seen what TPT has been doing elsewhere in the Caribbean and know it's a sound match for the protections we want to set up here.”
Tourists in the country who are tested by an authorized “QuikLAB” facility will have to download the “QuikLAB” App, get tested and present and show their “QuikPASS” report results electronically via a QR code on their “QuikLAB” app. Once cleared to travel, tourists show or scan their “QuikPASS” QR code which displays their HIPPA compliant testing records to verify that they have been tested within the required timeframe making them free to travel home. The company has been successfully running its QuikLAB and QuikPass technology platform in Jamaica where international travelers at both international airports in Montego Bay and Kingston are using the QuikPASS verification platform to travel home to their respective countries.
Travelers from Grenada to the US, Canada, the UK, and other countries may utilize “QuikPASS” or other COVID passport apps available or get tested at any approved facility and show their negative COVID-19 laboratory test results at the airport in the form of written documentation (electronic or printed) for clearance to travel. The CDC and other foreign authorities have mandated that all travelers coming back from the Caribbean, Mexico, and Latin America must be tested before arrival into the United States, Canada, and the UK. TPT MedTech Caribbean will charge QuikLAB customers $85 for an antigen test and $120 for a PCR test in Grenada. Pre-Covid, Grenada saw 4 million tourists enter and depart the country annually.
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“We seek partners who are a good fit with our technology and systems and St. Augustine is a perfect match. As we continue to expand our Caribbean footprint as a leader in the fight against infectious diseases, Covid 19 and all variants, additional partners will be sought and we expect to be able to further grow our presence and revenue opportunities through such arrangements,” said Stephen Thomas, CEO of TPT Global Tech.
TPT MedTech developed its “QuikPASS™” Check and Verify passport system and Covid 19/Vaccination monitoring platform to serve corporations, government organizations, schools, airlines, hospitals, event venues, restaurants, hotels, and nightclubs. TPT solutions will check and verify that an individual has been tested for Covid 19 as well as those vaccinated. TPT will provide proof individuals are able to travel or gain access to venues with the idea that everyone inside that venue would be virus-free. The “QuikPASS” “Check and Verify” passport-style platform works with third-party testing labs and organizations that participate in the “QuikPASS” Network and will be offered FREE to US domestic and international business commerce and government organizations around the world.
About TPT Global Tech
TPT Global Tech Inc. (TPTW) based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology and product distribution, media content for domestic and international syndication as well as technology solutions. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cell phone services, Mobile phones Cell phone Accessories, and Global Roaming Cell phones.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
CONTACT:
PR-Shep Doniger
sdoniger@bdcginc.com
561-637-5750
IR-Frank Benedetto
619-915-9422
SOURCE: TPT Global Tech Inc.
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EXHIBIT 99.4
TPT Global Tech CEO Stephen J. Thomas III to Present at the Emerging Growth Conference on October 13, 2021
TPT Global Tech Inc. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.
SAN DIEGO, CA / ACCESSWIRE / October 12, 2021 / TPT Global Tech, Inc. (“TPTW or the Company”) (OTCQB:TPTW), a technology-based company with divisions providing telecommunications, medical technology, media content for domestic and international syndication today announced its CEO Stephen J. Thomas III will be presenting at the Emerging Growth Conference on October 13, 2021 at 3:00pm Eastern.
The next Emerging Growth Conference will be held on October 13, 2021. This live, interactive online event will provide existing shareholders and the investment community at large the opportunity to hear from and interact with the Company's CEO in real time.
Stephen Thomas will present the company's current and future plans covering a variety of different industry verticals and will also take some questions from the host and likely open the floor for questions as well. Attendees are urged to ask their questions during the event and Mr. Thomas will do his best to respond to as many of them as possible.
Please register here to ensure you are able to attend the conference and receive any updates that are released. TPT Global Tech will be presenting form 3:00pm to 3:45pm Eastern on Wednesday October 13th.
Here is the link for the Registration:
https://goto.webcasts.com/starthere.jsp?ei=1487778&tp_key=ec487e0e97&sti=tptw
For any attendees who are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and we will release a direct link after the event.
About the Emerging Growth Conferences
The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.
The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.
All sessions will be conducted through video webcasts and will take place in the Eastern time zone.
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About TPT Global Tech, Inc.
TPT Global Tech Inc. (TPTW) based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology and product distribution, media content for domestic and international syndication as well as technology solutions. It's TPT MedTech subsidiary is a provider of Covid/Health testing services on a global scale and its industry leading platforms are helping travelers get back to travel, events take place and generally speaking helping life get back to a new normal. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cell phone services, Mobile phones Cell phone Accessories and Global Roaming Cell phones.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
CONTACT:
305-330-1985
Conference@EmergingGrowth.com
SOURCE: TPT Global Tech Inc.
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EXHIBIT 99.5
TPT Global Tech, Inc. Signs Joint Venture Agreement with India's Alpha Design Technologies To Launch Subsidiary TPT Alpha Design Establishing Combined Operations In the United States
The Joint Venture Agreement with Alpha Design Technologies Private Limited of India, With Gross annual Revenues of $150 Million, Covers Investment, Business Development, Designing, Developing, Manufacturing And Operating Global Projects Primarily Across Aerospace, Space Satellite Systems, Telecommunications and Smart City Projects Across Global Markets Including The United States
SAN DIEGO, CA / ACCESSWIRE / October 13, 2021 / TPT Global Tech, Inc. (“TPTW” or “TPT Global Tech”) (OTCQB:TPTW) www.tptglobaltech.com headquartered in San Diego, California, a technology-based company with divisions providing telecommunications, medical technology, media content for domestic and international syndication, today announced that it has signed a joint venture agreement with Alpha Design Technologies Private Limited https://www.adtl.co.in/ of India to create TPT Alpha Design in the US. The JV Agreement covers Alpha's interests in business development, designing, developing, manufacturing and operating global projects primarily across aerospace, space satellite systems, telecommunications and smart city projects across global markets with a focus on the United States.
Under the Agreement, TPT Global Tech, Inc. will set up a group subsidiary in collaboration with Alpha Design Technologies. TPT Global Tech and its group subsidiary will be involved with the manufacture, design, and management of space satellite systems capabilities giving TPT Global Tech a highly sought after ability to participate in such projects in the US and across global markets. Additionally, under the JV agreement, TPT Global Tech's new business entity will focus on facilitating end-to-end new business opportunities in the US$ 366 billion satellite systems industry.
Alpha Design Technologies Private Limited (ADTL) is a USD $150 million in revenues per year company that was established to put into action the ‘Made in India' policy of the Government of India. ADTL specializes in R&D, manufacture, assembly, testing, qualification, integration & installation of defence electronics, avionics & space satellite systems. ADTL was established in Bangalore in 2004. The Company is structured to offer a wide range of products to the Indian and International Satellite, Aerospace and Defence Markets. ADTL's management, operations and production executives are skilled technicians that combine a wealth of experience in all facets of defence technology including R&D, manufacture, quality assurance, evaluation and system integration. Adani Group, which is a USD $99 billion diversified organization based in India, owns a majority stake in the company after it acquired Alpha Design Technologies Private Limited in 2019.
Corporate Video: https://www.youtube.com/watch?v=7WZ1NTOueOA&t=2s
“TPT Global Tech and Alpha Design Technologies have come together to incorporate a JV company called ‘TPT Alpha Design, Inc.' which combines the abilities of both companies in sectors including Telecommunications & 5G Ecosystem Industry, Aerospace & Defence Industry, Electronics & Information Technology Industries,” said TPT CEO Stephen Thomas. “Additionally, TPT Global Tech now has the ability to provide end-to-end manufacturing and services for space satellite systems, Telecommunications, 5G Base stations, Antennas and Broadcast Radios and defence projects. We now qualify for multiple minority set aside programs and projects in the US while at the same time we are in discussions with various countries in the Middle East and African markets for developing and running their space satellite programs. This will be a new and substantial revenue pool for TPT Global Tech through its new subsidiary, TPT Alpha Design.”
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Mr. Thomas further stated, “This JV company is a true example that the TPT Global Tech team is focused on keeping innovation flowing. We are always on the lookout for new business opportunities. With the additions of Retired General John Wharton and retired Colonel Ernest “Lee” Dunlop, we believe we are positioned to take advantage of an entirely news sector of business opportunities. In the case of Alpha Design Technologies, they will be an ideal partner allowing us to provide A-Z results in terms of manufacturing and services for sectors such as telecommunications, aerospace & defence. We welcome Alpha Design Technologies to the TPT Global Tech family and are anxious to get started.”
Alpha Design Technologies' Chairman & Managing Director, Colonel H. S. Shankar, VSM said, “We are looking forward to collaborating through the US-based JV company as it allows us to support TPT Global Tech in its various projects across the US and other global markets. Our ability to ideate, design, mass manufacture and provide unparalleled service in the space satellite industry along with aerospace and defence happens to be the pivot for this JV company's existence. We are proud to present our services and solutions through TPT Alpha Design as Alpha Design Technologies who is owned by a multi-billion dollar corporation group in India without jeopardizing the flexibility to respond to market requirements in the shortest period. We will now focus on providing all our abilities and services as TPT Alpha Design which makes us a proud partner in this JV.”
Harnish Gajjar, Chief Strategy Officer & Country Director (India) for TPT Global Tech, Inc. said, “This is yet another huge milestone for TPT Global Tech in setting its footprints across global markets including India. There is a lot of business that we are identifying and creating a strong pipeline of new opportunities that will be serviced by TPT Alpha Design, the JV company. We have initiated discussions to create a long-term business plan for TPT Alpha Design and we anticipate in the very near future, you will see various projects and opportunities that TPT Alpha Design will start showcasing as a part of this plan.”
About TPT Global Tech, Inc.
TPT Global Tech, Inc. based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology and product distribution, media content for domestic and international syndication as well as technology solutions. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media, and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cell phone services, Mobile phones Cell phone Accessories and Global Roaming Cell phones.
For more information about how TPT Global Tech's technologies and to schedule a call with CEO Stephen Thomas, please contact Shep Doniger at 561-637-5750 and sdoniger@bdcginc.com. For IR questions, please contact Frank Benedetto at 619-915-9422 fb@miradorconsulting.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
SOURCE: TPT Global Tech, Inc.
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