TPT Global Tech Inc. and its controlled subsidiary TPT Strategic, Inc. announced the completion of a Real Estate Land Purchase. Under this agreement, TPT Strategic, Inc. has acquired 1.2 acres of land located at 2912 Beatties Ford Road, Charlotte, NC, from Julisabar Holdings LLC. The purchase was made for a consideration of $1 million, which was paid in the form of TPTW Series E Preferred Series E stock with a stated price of $5.00 per share.

The Series E Preferred Stock is convertible, carries a 6% interest rate and is subject to a 25% discount to market upon TPTW listing on a major USD stock exchange. TPTW's Series E Preferred Stock includes similar features as the company's SEC qualified Series D Preferred Stock which individuals may invest in.