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:  August 6, 2020
  
TPT Global Tech, Inc.
(Exact name of registrant as specified in its charter)
  
Florida
 
333-222094
 
81-3903357
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification Number)
 
501 West Broadway, Suite 800, San Diego, CA 92101
(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 
 
Title of each Class
Trading Symbol
Name of each exchange on which registered
N/A
N/A
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. 
 

 
 
 
Item 1.01 Entry into a Material Definitive Agreement
 
On August 6, 2020, TPT MedTech, LLC, a subsidiary of TPT Global Tech, Inc., signed a binding letter of intent with Rennova Health, Inc.(“Rennova”) to acquire EPIC Reference Labs, Inc. (“EPIC”), wholly owned subsidiary of Rennova, for $750,000, comprised of a deposit of $25,000 within five days of signing and the remainder due either from 20% of net proceeds received from fund raising that the Company has initiated and as evidence by SEC Filings or a minimum payment of $25,000 per month until paid in full. The first $25,000 payment has been made. All defined laboratory equipment and a $100,000 lease deposit were excluded from the sales price. All liabilities incurred up to signing are to be discharged. Receivables existing at signing are to be 100% ownership of Rennova. There are no other significant assets. This acquisition will allow TPT MedTech, LLC to own a license to operate medical testing facilities.
 
EPIC is a high complexity clinical laboratory located in West Palm Beach, Florida. The binding letter of intent includes EPIC’s current CLIA certificate of registration that enables TPT MedTech’s Mobile QuikLabs to operate in 46 US States delivering rapid Covid-19 Point-of-Care testing and monitoring. Closing of the acquisition is subject to normal change of ownership application and notification to certain regulatory and licensing bodies. Until the change of ownership is complete, Rennova will operate the laboratory under agreement on behalf of TPT MedTech, LLC.
 
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 August 21, 2020, the Company issued a press release entitled “TPT Global Tech's Mobile COVID-19 "QuikLAB(TM)" and Its "Aire Fitness" Mobile Gym In Transit To Their New Homes In Texas and Miami.” A copy of the press release is attached hereto as Exhibit 99.1.
 
On August 25, 2020, the Company issued a press release entitled “TPT Global Tech's Signs Distribution Agreement with All Star Health Brands for Sales & Marketing of QuikLAB Rapid Covid-19 Testing Labs.” A copy of the press release is attached hereto as Exhibit 99.2.
 
On August 31, 2020, the Company issued a press release entitled “TPT Global Tech's CEO Stephen Thomas "QuikLAB and SaniQuik" Airs on Fox 32 Chicago.” A copy of the press release is attached hereto as Exhibit 99.3.
 
On September 4, 2020, the Company issued a press release entitled “TPT Global Tech, Inc. Acquires Clinical Laboratory In West Palm Beach, Florida To Facilitate Immediate Operation Of Its Mobile "QuikLABs" In Florida.” A copy of the press release is attached hereto as Exhibit 99.4.
 
 
 
 
Item 9.01 Exhibits
 
The following exhibits are filed with this report on Form 8-K.
 
Exhibit Number
 
Exhibit
 
Letter of Intent between Medytox Diagnostics, Inc., EPIC Reference Labs, Inc. and Rennova Health, Inc. and TPT MedTech, LLC dated August 6, 2020
 
Interim Management Agreement effective August 6, 2020
 
Press Release dated August 21, 2020
 
Press Release dated August 25, 2020
 
Press Release dated August 31, 2020
 
Press Release dated September 4, 2020
 
 
 
 
 
 
 
 
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.
 
 
 
 
 
Date: September 9, 2020
By:  
/s/ Stephen J. Thomas III,
 
 
Name:  
Stephen J. Thomas III, 
 
 
Title:  
Chief Executive Officer
 
 
 
 
 
 
 
 
 
 
 
 
 Exhibit 10.1
 
 
 
 
 
 
 
 
 
 
 Exhibit 10.2
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Exhibit 99.1
 
TPT Global Tech's Mobile COVID-19 "QuikLAB(TM)" and Its "Aire Fitness" Mobile Gym In Transit To Their New Homes In Texas and Miami
 
SAN DIEGO, CA / ACCESSWIRE / August 21, 2020 / TPT Global Tech, Inc. ("TPTW, the Company or TPT Global Tech") (OTCQB:TPTW) announced today that two units of its Mobile products "QuikLAB™" and "Aire Fitness Gym" are now in transit to their first locations. The company will deliver a mobile gym unit to the Parks and Recreations Department for the Beacon at Webb Community Park in Arlington Texas. Aire Fitness gyms are being used by California State University and YMCA's in California and Texas. Aire Fitness founded in 2014 focuses on custom designing, manufacturing, and selling sustainable high-end turnkey outdoor fitness studios. Outdoor Fitness is now the new trend as it allows its users to benefit from open-air workouts while social distancing, during the Covid-19 pandemic. TPT Global Tech acquired majority control of The Fitness Container, LLC, known as "Aire Fitness", www.airefitness.com, as of August 1, 2020
 
A TPT MedTech "QuikLAB™" will be delivered to the Dadeland Mall in Miami Florida where the Company intends to commence COVID-19 Testing operations in early September. The TPT QuikLAB intends to offer PCR and Antibody rapid tests to customers. Customers will also be able to download the newly developed QuikLAB™ App which allows customers to schedule testing appointments to help alleviate long lines. It also would allow customers to choose which QuikLAB™ location best fits their availability (once there are multiple locations) and receive their rapid test results via the app when completed. The QuikLAB™ App also has a "QuikPASS™" Certificate feature that will allow employers, sports venues, nightclubs, restaurants, and schools to monitor individuals, on a frequent on-going basis and perhaps provide businesses and communities some sense of freedom and safety to allow entrance to said venues.
 
"It was very exciting for us to send these products, a OuikLAB™ and Aire Fitness Gym, to their new locations. We feel both products will help in the fight against COVID-19. This is a milestone in our efforts to join the efforts against COVID-19 in the United States as we begin our "Point of Care" technology strategy," says Stephen Thomas CEO of TPT Global Tech.
 
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 Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
 
TPT has created a new division, TPT MedTech, which will seek to implement health based solutions which seek to integrate our telecommunications technologies.
 
 
 
 
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.
 
Frank Benedetto
619-915-9422
 
SOURCE: TPT Global Tech, Inc.
 
 
  Exhibit 99.2
 
TPT Global Tech's Signs Distribution Agreement with All Star Health Brands for Sales & Marketing of QuikLAB Rapid Covid-19 Testing Labs
 
SAN DIEGO, CA / ACCESSWIRE / August 25, 2020 / TPT Global Tech, Inc. ("TPTW, the Company or TPT Global Tech") (OTCQB:TPTW) announced today that it has entered into a non exclusive distribution sales and marketing agreement with Allstar Health Brands Inc. a Miami based pharmaceutical and nutritional supplements company.
 
"It is very exciting to have AllStar Health join our distribution channel to expand our sales and marketing reach for our TPT MedTech products and services.," says Stephen Thomas CEO of TPT Global Tech.
 
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 Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
 
TPT has created a new division, TPT MedTech, which will seek to implement health based solutions which seek to integrate our telecommunications technologies.
 
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.
 
Frank Benedetto
619-915-9422
 
SOURCE: TPT Global Tech, Inc.
 
 
  Exhibit 99.3
 
TPT Global Tech's CEO Stephen Thomas "QuikLAB and SaniQuik" Airs on Fox 32 Chicago
 
SAN DIEGO, CA / ACCESSWIRE / August 31, 2020 / TPT Global Tech, Inc. ("TPTW, the Company or TPT Global Tech") (OTCQB:TPTW) announced today that its CEO Stephen Thomas was interviewed on Fox 32 Chicago. He discussed TPT MedTech's Mobile Covid-19 Turnkey Rapid Test Lab "QuikLAB" and its SaniQuik products on the Chicago based news station. The interview aired at 8:45 am CST.
 
"It was my pleasure to be featured on Fox 32 Chicago to discuss our "QuikLab" and "SaniuQuik" products and bring visibility to the Chicago Market our two Covid 19 solutions.", says Stephen Thomas CEO of TPTW.
 
Video: https://www.fox32chicago.com/video/845825
 
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 Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
 
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:
 
Frank Benedetto
619-915-9422
 
SOURCE: TPT Global Tech, Inc.
 
 
  Exhibit 99.4
 
TPT Global Tech, Inc. Acquires Clinical Laboratory In West Palm Beach, Florida To Facilitate Immediate Operation Of Its Mobile "QuikLABs" In Florida
 
SAN DIEGO, CA / ACCESSWIRE / September 4, 2020 / TPT Global Tech, Inc. ("TPTW, the Company or TPT Global Tech") (OTCQB:TPTW) announced today that it has completed an agreement with Rennova Health, Inc. (RNVA) to purchase Epic Reference Labs, a high complexity clinical laboratory located in West Palm Beach, Florida. The agreement includes EPIC's current CLIA certificate of registration that enables TPT MedTech's Mobile QuikLABs to operate in 46 US States delivering rapid Covid-19 Point-of-Care testing and monitoring. Closing of the acquisition is subject to normal change of ownership application and notification to certain regulatory and licensing bodies. Until the change of ownership is complete Rennova will operate the laboratory under agreement on behalf of TPT .
 
Epic Reference Labs is a state of the art modern clinical laboratory with over 7000 sq. ft. space and is licensed as a comprehensive clinical laboratory providing molecular testing in the heart of West Palm Beach, Florida. The laboratory in addition to basic clinical services will be the core lab for the new Mobile "QuikLAB" initiative that delivers clinical laboratory testing directly to patient locations. The state of the art facility supports the infrastructure for comprehensive follow up molecular testing plus on site rapid testing for a wide variety of medical conditions. These range from testing nucleic acids, antigens and host antibodies for detecting viral infections to tests for diagnosis and treatment of cardio-metabolic and neuropsychiatric diseases.
 
The immense cost efficiency of preventive healthcare will allow corporations to host the mobile units' onsite for large-scale voluntary testing and monitoring of workforce wellness with results and guidance communicated to users in minutes.
 
"We are excited to complete the acquisition of Epic Reference Labs from Rennova Health to secure our CLIA certifications as we prepare to launch our "QuikLAB" operations in Florida before expanding to the rest of the United States.", says Stephen Thomas CEO of TPTW. "Our first purpose built QuikLAB was recently delivered to Miami and we look forward to initiating testing in the coming weeks"
 
 
 
 
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 Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
 
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:
 
Frank Benedetto
619-915-9422
 
SOURCE: TPT Global Tech, Inc.