DigitalTown, Inc. (DGTW)

[FullDeck]

The terms of the Equity Purchase Agreement seem to put a HUGE risk on Triton Funds.

Basically, DGTW can demand that Triton buy shares at %75 discount to 5-day VWAP (up to 4.9% of OS to avoid reporting reqs on sales) at any time, up to $1,000,000 through the commitment period!

In the penny-stock world, stocks can easily drop 25% or more in a day.

Even with DWAC, Triton seems to be leaving itself open to a catastrophic event that could tank the stock before it can exit at a profit.

Plus, Triton would have no choice over the timing of the investment- it would be at DGTW's discretion... sounds strange.

Is Triton Funds really going to see this deal through, or has it already exited as per Crunchbase?

SEE:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140704680

(Please excuse the incorrect ticker (DGTY) in above post- should be DGTW, of course.)