DigitalTown

DigitalTown is undergoing a transformation. Stay tuned for news and updates.

[DigitalTown @Digi_Town]

We are saddened and disappointed to inform that, despite our best efforts, the Judge has denied the feasibility of our POR and has converted the case to Chapter 7. $DGTW

[DigitalTown @Digi_Town]

Today, the court conducted an evidentiary hearing focused on the feasibility of our POR. The evidentiary portion has been concluded and the judge intends on rendering a decision tomorrow morning. $DGTW

[DigitalTown @Digi_Town]

Judge has continued the hearings on plan confirmation, US Trustee’s motion, and motion to approve settlement to Dec 9/2021, 11am CST.

[DigitalTown @Digi_Town]

We are preparing our memorandum in opposition to the US Trustee's renewed motion to convert or dismiss the case. We will vigorously defend our position, as we did the last time this motion was filed. $DGTW

[DigitalTown @Digi_Town]

Information regarding time sensitive creditor and shareholder ballot for accepting or rejecting Plan of Confirmation can be found here. $DGTW https://t.co/0h1rccELJj

[DigitalTown @Digi_Town]

$DGTW is now Pink Current. Thanks to everyone for your continued patience and support!

[DigitalTown @Digi_Town]

@Montemccoymsnc1 The only communication we have received from OTC Markets was to advise they are backlogged and that we should expect to see the status update in a few days. Each time, we have relayed their communication.

[DigitalTown @Digi_Town]

OTC Markets completed their review and identified missing information in one section of each report. This was updated immediately and amended reports have been uploaded. Once they confirm and review the changes, status will be changed to Pink Current. $DGTW

[DigitalTown @Digi_Town]

The Motion for Order Approving our Settlement is now available on our website for viewing: https://t.co/YpTrMAjLZg $DGTW

[DigitalTown @Digi_Town]

Modified Plan of Reorganization is now available on our website for viewing: https://t.co/wUsAMz4sM2 $DGTW

[DigitalTown @Digi_Town]

Amended Plan of Reorganization and Settlement Motion have now been filed with the Courts. We will post copies on our website tomorrow. $DGTW

[DigitalTown @Digi_Town]

@Newcre2517 There has been no change to the SS. See our recently filed disclosure reports.

[DigitalTown @Digi_Town]

According to communication received from OTC Markets, we should see our status updated to Pink Current in the next 2 business days. $DGTW

[DigitalTown @Digi_Town]

@LucidDream006 @TraderT45 We are relaying information we receive from OTC Markets. They are completely inundated with reviews given the new rules, and have asked for our continued patience as they work through the backlog.

[DigitalTown @Digi_Town]

@TraderT45 We are relaying information we receive from OTC Markets. They are completely inundated with reviews given the new rules, and have asked for our continued patience as they work through the backlog.

[DigitalTown @Digi_Town]

@PatrickBFisher @Dude2230644251 @bane_cam We’ll be doing a happy dance as well! 🕺

[DigitalTown @Digi_Town]

@Dude2230644251 @PatrickBFisher Yes, they have been extremely overwhelmed with the volume of reviews to bring as many companies current as possible. We receive regular communications from them to assure us they are working on it.

[DigitalTown @Digi_Town]

@Sabeen1202 As outlined in our POR and subsequent posts, there are no immediate plans to re-initiate the reverse stock split process.

[DigitalTown @Digi_Town]

@PurifiedMiguel We suspect it will be sooner.

[DigitalTown @Digi_Town]

@CharNMel1 Very soon. I will post an update once it is available.