0001654954-20-003425.txt : 20200330 0001654954-20-003425.hdr.sgml : 20200330 20200330090302 ACCESSION NUMBER: 0001654954-20-003425 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200330 DATE AS OF CHANGE: 20200330 EFFECTIVENESS DATE: 20200330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TPT GLOBAL TECH, INC. CENTRAL INDEX KEY: 0001661039 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 593723328 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-222094 FILM NUMBER: 20754296 BUSINESS ADDRESS: STREET 1: 501 W. BROADWAY, SUITE 800 CITY: SAN DIEGO STATE: CA ZIP: 92101 BUSINESS PHONE: (619) 400-4996 MAIL ADDRESS: STREET 1: 501 W. BROADWAY, SUITE 800 CITY: SAN DIEGO STATE: CA ZIP: 92101 NT 10-K 1 tptw_nt10k.htm NT 10-K tptw_nt10k
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 12b-25
 
NOTIFICATION OF LATE FILING
 
(Check one):
 
☒ Form 10-K     ☐  Form 20-F     ☐  Form 11-K    ☐  Form 10-Q
☐  Form 10-D     ☐  Form N-CEN     ☐  Form N-CSR
 
 
 
 
 
For Period Ended: December 31, 2019
 
 
 
 
☐  Transition Report on Form 10-K
 
 
☐  Transition Report on Form 20-F
 
 
☐  Transition Report on Form 11-K
 
 
☐  Transition Report on Form 10-Q
 
 
 
 
☐  For the Transition Period Ended:                    
 
 
    
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
 
 
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:  
 
PART I — REGISTRANT INFORMATION
 
TPT Global Tech, Inc.
Full Name of Registrant
 
_______________________
Former Name if Applicable
 
501 W. BROADWAY, SUITE 800
SAN DIEGO, CA 92101
(Address of principal executive offices)
 

 
 
 
PART II — RULES 12b-25(b) AND (c)
 
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
 
 
 
 
 
 
☒   
 
(a)
 
The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
 
 
 
(b)
 
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
 
 
 
(c)
 
The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
 
PART III — NARRATIVE
 
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
 
TPT Global Tech, Inc. (“Registrant”) was unable without unreasonable effort and expense to prepare its accounting records and schedules in sufficient time to allow its accountants to complete their review of the Registrant’s financial statements for the year ended December 31, 2019 before the required filing date for the Annual Report on Form 10-K. The Registrant intends to file the subject Annual Report on Form 10-K on or before the fifteenth calendar day following the prescribed due date.
 
PART IV — OTHER INFORMATION
 
(1) 
Name and telephone number of person to contact in regard to this notification
 
 
 
 
 
 
 
 
 
Stephen J. Thomas, III
 
 
 
(619)
 
 
 
301-4200
(Name)
 
 
 
(Area Code)
 
 
 
(Telephone Number)
 
(2) 
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).   Yes  ☒    No ☐
 
(3) 
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?    
Yes  ☒  No ☐
 
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
 
A significant change from the prior year is expected due to the accounting for derivative financial instruments entered into by the Company during 2019. Consequently, there was approximately $7,400,000 in derivative expense for 2019. In addition, there is approximately $3,300,000 in interest expense for 2019, a large portion of which is due to the derivative financial instruments.
 

 
 
 
TPT Global Tech, Inc.
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
 
 
Date 
 
March 30, 2020
 
 
 
By 
 
 
 
/s/ Stephen J. Thomas III
 
 
 
 
 
 
 
 
 
 
Stephen J. Thomas, III, Chief Executive Officer
 
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
 
 
ATTENTION
 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).