TPT Global Tech Inc. (OTCMKTS:TPTW) Stock Went Up 2905: But Why?

TPT Global Tech Inc. (OTCMKTS:TPTW) surged 290% last week after announcing the signing of a strategic tech deal with Skybridge West Africa (SWA) to take part in the 20 SMART Villages development in Ghana, emulating the Duval County in Florida.

The Ghanaian Ministry of Works and Housing awarded SWA a $5 billion community development approval to build and develop more than 100,000 newly constructed houses using the latest green tech in the next five years. Notably, the Smart Villages development will comprise new home designs and constrictions, renewable energy, new transport capabilities, waste management tech, 5G wireless cell towers, high-speed fiber installation, and ultra-performance cement tech. In addition, SWA will also create education systems and programs for the Smart Village.

Notably, TPT Global Tech, through subsidiaries, will offer the Smart Village its novel suite of tech platforms that include QuikPASS and QuickLABS medical testing and validations systems, fiber infrastructure, design and construct the 5G wireless cell towers, and renewable energy tech for water and electricity.  So in the coming months, TPTW is worth keeping an eye on.

Market Reaction:

On Friday, TPTW stock slid 8.80% at $0.0415 with more than 63.97 million shares, compared to its average volume of 16.16 million shares. The stock has moved within a range of $0.0400 – 0.0540 after opening the trade at $0.0460.