Now because of this thread and the googling I did to find their SEC filings I get articles on my phone related to them.

That 100 million dollar investor appears to be Um Group of Companies.

Um Group of Companies last updated their own website in 2011 and filed for insolvency with the Courts of India in 2019/2020 after a quick google and upon further investigation banks wont loan TPTW money as noted in their SEC filing and that's why they have had to try to raise that 5M I mentioned earlier by diluting their own shares since they cant get debt financing from anyone.


When is this blowing up!

This post was edited by SBD on Aug 10 2021 08:09am

ROFL when has there been share dilution? It’s not UM group either try again

headquartered 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 it has executed an agreement to form a joint venture ("JV Formation Agreement") with UM Group(a US$ 250 Mn group) in India to jointly design, develop and operate an Industrial "Smart City" located in the State of Uttar Pradesh. The relationship of the parties under this JV Formation Agreement is intended to be exclusive and both parties will ensure that the definitive agreements along with SPV formation are completed within three to six months by which time both parties would have a better understanding of the overall valuation of the Smart City and other government approvals that will be required for the execution of the Smart City. TPT Global Tech responsibilities under the JV Formation Agreement include, among others,its intent to contribute by way of large investment by itself or investors of up to $100M

Here's the prospectus link for the underwriting of 75M shares to try to raise 5M due to no bank being willing to loan them money. https://sec.report/Document/0001654954-21-008404/


Do you also want me to link the SEC document where the filed with regulators saying that no one will touch them and they dont have sufficient money to continue unless they raise capital which resulted in that dilution of shares?


If this is the same UM Group from India they sure look legit! https://www.umgroup.in/UM-Machine.html Zero site updates since 2011 and an insolvency with the Courts of India.

This post was edited by SBD on Aug 10 2021 08:56am

When did the dilution occur? Keep it simple and give me the date(s) dilution took place

Sorry I guess I should have choose better wording. The attempt at dilution its just White Lion cant even underwrite this dog shit.

It is true its hard to dilute when no one will even buy your shares.


"We anticipate needing an estimated $38,000,000 in capital to continue our business operations and expansion. We do not have committed sources for these additional funds and will need to be obtained through debt or equity placements or a combination of those"

That's encouraging!

This post was edited by SBD on Aug 10 2021 09:01am

TPTW already rejected share dilution when RNVA had a merger deal with them. RNVA wanted to dilute the shares so they pulled out of the deal in June 2020.

If they wanted to dilute they could without buyer interest. The stock is already heavily manipulated by naked shorting, thanks to hedge funds like CDEL and EMA which are both being sued for violating SEC laws regarding stock manipulation.

You think a stock with a 15 million dollar market cap is being heavily manipulated? Maybe upward because right now the company is worth exactly zero.

TPTW is the one who made the filing to dilute their shares further.... they made the SEC filing and engaged the Firm to dilute them down.

They are in the process of diluting themselves right now because they don't have money.

This post was edited by SBD on Aug 10 2021 09:07am

There’s been over 50% naked shorting walking the price down for the past 6 months on nearly half of every trading day. That’s AI and I can prove it because there are 30 other OTC stocks that have nearly identical naked shorting volumes with nearly identical 6M and 1Y graphs

You said above they rejected dilution can you please prove they are rejecting this dilution.

I am not sure how you will prove it when they made the filing with SEC and engaged the a Firm to underwrite and they clearly stated in the Prospectus they don't have sufficient funds to continue operations.

I said they rejected dilution in June 2020 which is verifiable by as you put it, a simple Google search. Why would they suddenly want to dilute now when they already turned down the opportunity to do so?

The lawsuit against EMA for stock manipulation - the judge of this case is leaning to grant TPTW discovery. If EMA has to expose their books it will be clear they are way beyond violation regarding stock manipulation of TPTW (and honestly many others)

It’s really not surprising when institutions cheat the rules. Chase does it all the time but they simply pay the fines. It’s a cost of doing business for Chase to manipulate the precious metals market, for example, they have no problem paying 400k and 500k fines when they take in millions of profits for doing so. EMA and CDEL are no different, it’s just that they haven’t been caught red handed and punished yet