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Friday, March 24, 2023

TPT Global Tech Inc (OTCMKTS: TPTW) Volume Surging on Duna Energy Smart City Partnership (More on Recent Deals & IST Acquistion)

TPT Global Tech Inc (OTCMKTS: TPTW) volume has seen a significant surge in recent trading topping 200 million shares on Thursday after the Comapny partnered with Duna Energy Systems in a $30 million deal to create a sustainable energy infrastructure for TPT’s Smart City projects across the country. This comes after TPT Global has closed multiple multi million dollar deals over the past few months including a $2.89M 2-year Highway construction project, in Mammoth, KY for the Federal Highway Administration Eastern Federal Lands Highway Division, a 3-year contract renewal valued at $2,862,435 with the U.S. Army Contracting Command, Stryker Division, as well as a $362,210 contract from the National Park Service US Department of Interior just to name a few.  The Company’s subsidiary INQD also recently acquired Information Security and Training LLC, a General Construction and Information Technology Services company with approximately $5.4M in backlogged revenue as of December 31, 2021, from executed Government contracts.  

Currenty trading in the low double zeroes TPTW has been plagued by significant dilution that has decimated the share price. Currently still working through conversions coming from loans in December as well as any preferred shares that may have converted, TPTW speculators know once the faucet dries up this stock can move fast. Over the past several years TPTW has made some major extended term big moves and it’s also capable of trading millions in dollar volume. TPTW is also an SEC filer and fully reporting and would be OTCQB if it could hold its share price over a penny. The stock has a large investor following that will be accumulating anytime some real movement comes and if the stocks trading history is any indication it probably won’t be long; several months ago, in December it popped from current levels to well over a penny. We will be updating on TPTW when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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TPT Global Tech Inc (OTCMKTS: 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), and 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. 

TPT SpeedConnect: ISP and Telecom – TPT SpeedConnect is one of the nation’s largest rural wireless broadband Internet providers which serves approximately 10,000 residential and commercial wireless broadband Internet customers, in Arizona, Idaho, Illinois, Iowa, Michigan, Montana, Nebraska, South Dakota and Texas. SpeedConnect is a full-service ISP.  SpeedConnect services both rural and non-rural areas, and historically has done well in both marketplaces, however the margins are improved in the more rural areas due to reduced voluntary and involuntary customer attrition. TPT SpeedConnect’s key suppliers include Juniper, ZTE, Huawei, Cisco, Sandvine, American Tower, SBA Tower, Crown Castle, CenturyLink, SuddenLink, South Dakota Networks, 123 dot net, Genesee Telephone, Air Advantage Fiber, Iron Mountain, ConVergence, CDW, Talley, Tessco, Bursma Electronics, DragonWave, Ceragon Networks, Telrad, Arris, AP, APD, Plante Morran, Fifth Third, Sprint and others. 

Blue Collar Production creates original live action and animated content productions and has produced hundreds of hours of material for the television, theatrical, home entertainment and new media markets. Blue Collar recently completed a film on the cultural impact of Goodfellas: 20 Years Later. Blue Collar is currently in production on Built to Fail, which is a look at the history of street wear, featuring Hilfiger, Simmons and a host of notable street wear designers. They are also in pre-production on the 29 Club as well as Memories in Music. They currently have the feature film Looking for Alaska and they produced a pilot for MTV for a possible series, “My Jam”. Blue Collar has also produced two seasons of “Caribbean’s Next Top Model Season.” They also have contracts with some of the world’s largest companies including PepsiCo, Intel, HP, WalMart and many other Fortune 500 companies. Additionally, they create motion picture, television and home entertainment marketing campaigns for studios including Sony, DreamWorks, Twentieth Century Fox, Universal Studios, Paramount Studios, and Warner Brothers. 

تويتر \ TPT GLOBAL TECH على تويتر: "QuikLAB presentation for government  officials in Fremont California. Lily Mei, Mayor; Teresa Cox,  Councilmember; Minh Vu, Risk Manager, Fremont Unified School District;  Angus Cochran, ExecutiveTPT MedTech, LLC believes it is strategically positioned to take advantage of the current trend in Point of Care Testing by aligning itself with the exponential growth of smart devices equipped with mobile healthcare (mH), which may revolutionize personalized healthcare monitoring and management, thereby paving the way for next-generation POCT. The rapid turnaround times, improved decision times, and time-critical decision-making of TPT MedTech QuikLAB can result in total savings between 8-20% of laboratory costs for facilities that implement POC testing. The savings realized due to the decreased cost of waiting for results can be as much as $260 USD per patient.  

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SANIQuik is a decontamination and sanitizing unit that TPT MedTech intends to co-market with the QuikLAB mobile laboratory as an integrated solution to certain issues arising from the COVID-19 pandemic. SANIQuik uses hypochlorous acid as a spray mist. This chemical has been safely used on many food products for decades. Hypochlorous acid does not cause irritation to eyes and skin. Even if it were ingested it causes no harm. Because it is so safe, it is the ideal sanitizer for direct food sanitation and food contact surfaces. It is also ideal in healthcare where it is used for wound cleansing, eye drops, and patient room disinfection replacing toxic chemicals such as bleach and quaternary ammonium salts.  

TPTP continues to make big moves; the Companys subsidiary INQD acquired Information Security and Training LLC, a General Construction and Information Technology Services company with approximately $5.4M in backlogged revenue as of December 31, 2021, from executed Government contracts. General Construction and Information Technology Services recently concluded a $2.89M 2-year Highway construction project, MAMMOTH CAVE PAVING, National Park Services, Mammoth, KY for the Federal Highway Administration Eastern Federal Lands Highway Division, September 2022.  

In November TPTW subsidiary INQD was also awarded its third 3-year contract renewal valued at $2,862,435.00 with the U.S. Army Contracting Command, Stryker Division. INQD was also awarded its second 4-year contract renewal valued at $3,927,184.00 from the US Navy. Also, in December TPTW subsidiary INQD was awarded a $362,210 USD contract from the National Park Service US Department of Interior to remove hazardous limbs and trees from the Natchez Trace Parkway Ridgeland and Kosciusko districts in Tupelo, Mississippi. 

On February 23 Duna Energy Systems LLC and TPT Global Tech, Inc announced a Strategic Investment & Partnership Agreement with the intent on revolutionizing the way cities are powered in the United States. The Partnership intends to leverage the cutting-edge renewable energy technology developed by Duna Energy Systems, a leading provider of clean, renewable, reliable, and affordable energy, to create a sustainable energy infrastructure for TPT’s Smart City projects across the country. As part of the Agreement, Duna Energy Systems has indicated its intent to invest $30 million in TPT Global Tech to accelerate its next-generation platforms for rollout later this year. 

The Partnership aims to provide reliable and efficient power solutions that are cost-effective, environmentally friendly, and able to adapt to the complex demands of urban communities. The Partnership’s primary focus develops renewable energy solutions that we believe will help drive the transformation of the U.S. energy landscape and accelerate the widespread adoption of clean energy. 

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Currently trading at a $2.3 million market valuation TPTW os is 1,439,326,978 according to OTCMarkets. While the Company does have over $8 million in assets, they do carry significant debt on the books. However, revenues are growing and TPTW reported $6 million in sales for the 9 months ended September 30, 2022. As we stated the Company continues to regularly report multiple multimillion dollar deals through its subsidiaries as well as recently acquiring Information Security and Training LLC, with approximately $5.4M in backlogged revenue as of December 31, 2021, from executed Government contracts. TPTW is fully reporting SEC filer trading just over $0.001 52-week lows and its starting to show some signs of life. Once the conversions dry up, at $#$0.002 TPTW should be at the top of speculators watch lists. We will be updating on TPTW when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

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Disclosure: we hold no position in TPTW either long or short and we have not been compensated for this article.

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