TPT Global Tech [OTCQB:TPTW] CEO Invests over $200K as a Net Investment in Company

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[{"type":"text","content":"SAN DIEGO, CA / ACCESSWIRE / April 19, 2022 / TPT Global Tech, Inc. www.tptglobaltech.com ("TPTW or the Company") (OTCQB:TPTW) announced today that the Company's CEO, Stephen J Thomas III has invested $183,000 in the Company's Series D Preferred Stock with equivalent terms to that of its $38M Reg A+ Tier 2 offering. These details can be seen in the Company's recent filing on Form 10K at https://tptglobaltech.com/sec-filings/. Mr. Thomas also loaned the company in excess of $150K short term bridge financing over the last several years of which all but approximately $22,000 of this have been paid back.On March 16, 2022, the SEC qualified the Reg. A+ - Tier 2 offering of the Company. The notice of qualification and the corresponding offering circular may be viewed at the https://tptglobaltech.com/sec-filings/ tab on the Company's website. The documents may be downloaded at no charge. CIM Securities has been engaged to act as the placement agent for this offering.On April 14, 2022, the Company announced that it had exchanged $10.4M in liabilities for Mezzanine Equity. Holders of financing arrangements, accounts payable and lease agreements with the Company totaling $10,417,602 agreed to either forgive their balances owing to them by the Company or exchange their amounts outstanding as of March 31, 2022 for shares of TPT Global Tech Series E Preferred Stock. As such, 1,929,566 shares of Series E Preferred Stock were issued in exchange for $9,647,832 in outstanding financing arrangements, accounts payable or lease agreements and $769,770 was forgiven and will be recognized as a contribution to Mezzanine Equity."As the Founder and CEO of TPT Global Tech it was important for me put my money where my mouth is. I am so proud of this TPTW management team and how far we have come as a family in the past 7 years. Surviving a Global pandemic, all of the acquisitions, the new product launches (VuMe Super App intended launch summer 2022), the incredible partnerships domestically and internationally and finally restructuring our balance sheet positioning the company better for its intent to up list to a major US stock exchange. I have confidence in my investment in the Company" said Stephen Thomas, CEO of TPT Global Tech. "About TPT Global TechTPT Global Tech Inc. (TPTW) based in San Diego, California, is a technology-ba...

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