Attached files
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EX-99.7 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex997.htm |
EX-99.6 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex996.htm |
EX-99.5 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex995.htm |
EX-99.4 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex994.htm |
EX-99.3 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex993.htm |
EX-99.2 - PRESS RELEASE - TPT GLOBAL TECH, INC. | tpt_ex992.htm |
8-K - CURRENT REPORT - TPT GLOBAL TECH, INC. | tpt_8k.htm |
Exhibit 99.1
TPT GLOBAL TECH’s SUBSIDIARY INNOVAQOR INC. CHANGES NAME AND
EFFECTS REVERSE SHARE SPLIT
SAN
DIEGO, CA / ACCESSWIRE / September 22, 2020 / TPT Global Tech,
Inc. (“TPTW” or the “Company”)
(OTC: TPTW) announced today it’s
subsidiary InnovaQor Inc. ("INOQ or InnovaQor") (OTC: SPLND)
has completed the process with FINRA
to complete it’s name change and effect a reverse share split
of one for twenty.
InnovaQor, Inc. is the result of a merger agreement between
Southern Plains Oil Corp and InnovaQor which has a Software
Licensing Agreement with TPTW enabling it to utilize features from
TPTW's TV and Social Media platform "Viewme Live". Southern Plains
Oil Corp has now completed its name change to InnovaQor and
completed a reverse split of its common stock as defined in the
merger agreement. The process has been initiated to change the
trading symbol to INOQ, which is expected to be effective within
the next thirty days.
The Company intends to complete the recently executed Agreement
with Rennova Health, Inc., a Florida based company, as soon as
practical, and to merge Rennova Health's software and genetic
testing interpretation divisions, Health Technology Solutions, Inc.
("HTS") and Advanced Molecular Services Group, Inc., ("AMSG") into
InnovaQor.
InnovaQor will own certain assets and technology from TPTW's
proprietary live streaming communication technology and the
technology and software developed and owned by HTS and AMSG. The
combination of these fully developed assets will facilitate the
creation of a next generation telehealth type platform. This
platform will combine telehealth with EHR like capabilities and
facilitate a patient's immediate access to healthcare including
their local hospital or doctors, for initial consultation,
scheduling of appointments for medical services and follow on
care.
Completion of the agreement with Rennova Health, Inc. is subject to
a number of approvals and consents which need to be secured to
complete the transaction. TPTW will receive approximately 5M common
shares in InnovaQor. TPTW's intent is to distribute 2.5M of
these common shares to its shareholders.
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.
About InnovaQor, Inc.
InnovaQor
intends to build a telemedicine platform that will incorporate
streaming features with the two proprietary Rennova Health
technology platforms for a Telemedicine application. Inc. The
company will focus on delivering a platform to hospitals and
physicians that will secure patients and offer an all-inclusive
healthcare experience.
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