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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: March 12, 2024
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 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 March 12, 2024, the Company issued a press release entitled “TPT Global Tech Unveils Groundbreaking Strategy: VuMe Super App to Integrate Adaptive AI and Data Stream Learning, Revolutionizing Smart City Development and Content Creation”. A copy of the press release is attached hereto as Exhibit 99.1.
On March 25, 2024, the Company issued a press release entitled “TPT Global Tech and Legacy Team LLC. with 650,000 Members Forge Strategic Marketing Partnership to Boost VuMe Super App Downloads and Enhance Shareholder Value”. A copy of the press release is attached hereto as Exhibit 99.2.
Item 9.01 Exhibits
The following exhibits are filed with this report on Form 8-K.
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 | |
| | Stephen J. Thomas, III, Title: Chief Executive Officer | |
| | | | |
| | | Date: March 27, 2024 | |
EXHIBIT 99.1
TPT Global Tech Unveils Groundbreaking Strategy: VuMe Super App to Integrate Adaptive AI and Data Stream Learning, Revolutionizing Smart City Development and Content Creation
Embracing the Power of Adaptive Artificial Intelligence and Data Stream Learning, TPTW Sets a New Standard in Innovation and User Experience
SAN DIEGO, CA / ACCESSWIRE / March 12, 2024 / TPTW (OTC Pink:TPTW), a leading innovator in technology and telecommunications, announces a strategic update poised to redefine the landscape of digital platforms. With the imminent launch of the VuMe Super App, TPTW is pioneering the integration of cutting-edge Adaptive Artificial Intelligence (AI) and Data Stream Learning, revolutionizing Smart City Development and content creation.
"Our vision with the VuMe Super App goes beyond conventional boundaries," stated Stephen Thomas, III, CEO of TPT Global Tech, Inc. "We are harnessing the transformative power of Adaptive AI and Data Stream Learning to create a platform that not only enhances user experience but also drives innovation across multiple industries."
Integrating Adaptive AI and Data Stream Learning: TPTW's strategy centers on integrating Adaptive AI and Data Stream Learning into the VuMe Super App, with an initial focus on Smart City Development projects. This integration will enable the platform to leverage proprietary algorithms and data analytics to optimize energy consumption monitoring, content creation, advertising, and personalized offerings.
"We're leveraging capabilities traditionally reserved for industry giants," added Thomas. "This positions us as pioneers in the AI evolution, with unmatched potential to reshape how businesses operate."
Advantages of Adaptive AI and Data Stream Learning: Unlike traditional AI technologies, TPTW's approach offers several key advantages:
| | · | High Accuracy: Our technology delivers precise results, ensuring superior performance for our customers. |
| | · | Continuous Learning: Adaptive models continuously evolve, capturing new patterns and trends without degradation over time. |
| | · | Reduced Maintenance Costs: With non-adaptive models, maintenance and re-training are inevitable. TPTW's adaptive models eliminate this need, resulting in significant cost savings. |
Content Creation Strategy: The VuMe Super App empowers users with intuitive tools to create, share, and monetize content seamlessly. Leveraging partnerships with TPT Entertainment and Media LLC, and Blue Collar Productions, TPTW aims to revolutionize content creation and distribution globally.
"Our vision is to transform the way entertainment content is delivered globally,"," stated Roy Foreman, President of TPT Entertainment and Media LLC. He added "With VuMe, we're poised to redefine entertainment content delivery and provide users with unparalleled access to premium content."
"Our content creation strategy is rooted in empowering users and fostering creativity. With VuMe, we're not only providing tools for content creation but also offering a platform that rewards creativity and fosters community engagement" stated Mark Rowen, CEO of Blue Collar Productions, a majority-controlled public company owned by TPT Global Tech.
Expanding User Base and Distribution: TPTW's distribution strategy encompasses two key categories:
| | · | Smart City Development Projects: TPTW aims to capitalize on Smart City Communities and its initiatives, leveraging data analytics to optimize energy consumption and drive sustainability. |
| | · | Mobile Telecom and High-Speed Internet Services: Recent acquisition, including TPT Speed Connect, GeoKall Mobile, positions TPTW to expand its reach and offerings within the telecommunications sector. |
"With strategic acquisitions and partnerships, we're poised to accelerate growth and expand our user base," added Thomas. "The VuMe Super App represents a new era of digital innovation, and we're excited to lead the way."
Gartner Report on SuperApps: According to the Gartner Report, by 2027, more than 50% of the global population will be daily active users of multiple Superapps. Superapps pioneer engagement by providing users with a highly personalized and contextualized digital experience inside a single app.
Timeline: TPTW anticipates the launch of the VuMe Super App in 2024, following extensive beta testing and refinement.
About TPT Global Tech, Inc.
TPT Global Tech, Inc. is a technology holding company based in San Diego, California. It was formed as the successor of two U.S. corporations, Ally Pharma US and TPT Global, Inc. The Company operates in various sectors including media, telecommunications, Smart City Real Estate Development, and the launch of the first super App, VuMe Live technology platform.
As a media content delivery hub, TPT Global Tech utilizes its own proprietary global digital media TV and telecommunications infrastructure platform. They offer software as a service (SaaS), technology platform as a service (PAAS), and cloud-based unified communication as a service (UCaaS) solutions to businesses worldwide. Their UCaaS services enable businesses of all sizes to access the latest voice, data, media, and collaboration features.
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.
For more information about TPT Global Tech and its subsidiaries, please visit www.tptgloabltech.com.
For media or Investment inquiries, please contact: Rick@tptglobaltech.com
SOURCE: TPT Global Tech, Inc.
EXHIBIT 99.2
TPT Global Tech and Legacy Team LLC. with 650,000 Members Forge Strategic Marketing Partnership to Boost VuMe Super App Downloads and Enhance Shareholder Value
SAN DIEGO, CA / ACCESSWIRE / March 25, 2024 / TPT Global Tech, Inc. (OTC PINK:TPTW) (www.tptglobaltech.com), a leading innovator in the telecommunications and technology industries, and its subsidiary VuMe LLC, and Legacy Team LLC. (LTL), a social influencer associate is proud to announce a strategic marketing and promotions agreement set to transform the landscape of global e-commerce and digital marketing. This collaboration will leverage the company's VuMe Super App's leading-edge marketplace and its sophisticated live rooms and social media functions to expand the visibility and sales of LTL's extensive product range across 22 countries to over 650,000 members in LTL's Global network.
A Strategic Move to Accelerate Growth and Value
A central element of this partnership is that once VuMe is launched this collaboration is expected to surge VuMe app downloads, as the agreement taps into LTL's vast network of over 650,000 individual members worldwide, driving unprecedented adoption rates across 22 countries. With this surge in downloads, the company believes this will enhance TPT Global Tech's valuation, offering benefits to investors and shareholders by showcasing the company's robust growth potential and expanding user base.
Fostering Innovation and Expanding Reach
"Stephen J. Thomas III, CEO of TPT Global Tech, remarked, "This marketing and promotions agreement with LTL is not just a collaboration; it's a strategic move designed to accelerate our growth, increase app downloads, and ultimately enhance our value to shareholders. By integrating LTL's expansive network with our VuMe platform, we are setting a new standard for what is possible in the digital marketplace."
Echoing this sentiment, Mike Swilling www.michaelswilling.com, President of Legacy Team LLC and Master Associate of CTFO (Changing the Future Outcome) stated, "Our alliance with VuMe LLC represents a pivotal moment in our quest to provide unparalleled opportunities to our associates. This initiative will not only create more efficient sales and marketing campaigns, but we believe revolutionize our sales and marketing strategies and at the same time significantly contribute to VuMe's global adoption, benefiting all stakeholders involved."
A Catalyst for Growth and Opportunity
The agreement between the two companies is designed to mutually benefit both entities by combining LTL's vast network and product expertise with VuMe's technological prowess and digital platform. This collaboration is expected to drive growth, enhance customer engagement, and expand market reach, setting a new benchmark for success in the multi-level marketing and e-commerce industries.
Creating Value for Investors and Customers
The partnership also aims to create a synergistic relationship that drives growth for both companies, improves customer engagement, and significantly expands market reach. By leveraging LTL's large network and VuMe's technological capabilities, this collaboration is poised to deliver value to TPT Global Tech's investors and shareholders, highlighting the company's potential trajectory and commitment to innovation. TPT Global Tech is also gearing up to market CTFO's anti-aging nano technology Wellness product Gluta Myst under the company's medical Division TPT MedTech https://tptmedtech24.myctfo.com/.
About TPT Global Tech, Inc.
TPT Global Tech, Inc. is a technology holding company based in San Diego, California. It was formed as the successor of two U.S. corporations, Ally Pharma US and TPT Global, Inc. The Company operates in various sectors including media, telecommunications, Smart City Real Estate Development, and the launch of the first super App, VuMe Live technology platform.
As a media content delivery hub, TPT Global Tech utilizes its own proprietary global digital media TV and telecommunications infrastructure platform. They offer software as a service (SaaS), technology platform as a service (PAAS), and cloud-based unified communication as a service (UCaaS) solutions to businesses worldwide. Their UCaaS services enable businesses of all sizes to access the latest voice, data, media, and collaboration features.
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.
For more information about TPT Global Tech and its subsidiaries, please visit www.tptgloabltech.com.
For media or Investment inquiries, please contact: Rick@tptglobaltech.com
SOURCE: TPT Global Tech, Inc.