AI
Monday, September 21, 2020 6:40:20 PM
DigitalTown's approach to leveraging the benefits of Chapter 11 allows the Company to:
1. Emerge with a healthy balance sheet and
2. Reorganize its debt and fairly treating creditors while
3. Ensuring existing shareholders retain their equity stakes
Source of extract - 9/21/20 DGTW PR:
https://www.globenewswire.com/news-release/2020/09/21/2096356/0/en/DigitalTown-Inc-to-Use-Voluntary-Chapter-11-Process-to-Position-Business-for-Long-Term-Success.html
- Stervc, I think this part of the 9/21/20 PR that you highlighted in your post is a good and accurate summary of what DGTW is trying to do to turn around the corporation and emerge from bankruptcy.
Go DGTW!
1. Emerge with a healthy balance sheet and
2. Reorganize its debt and fairly treating creditors while
3. Ensuring existing shareholders retain their equity stakes
Source of extract - 9/21/20 DGTW PR:
https://www.globenewswire.com/news-release/2020/09/21/2096356/0/en/DigitalTown-Inc-to-Use-Voluntary-Chapter-11-Process-to-Position-Business-for-Long-Term-Success.html
- Stervc, I think this part of the 9/21/20 PR that you highlighted in your post is a good and accurate summary of what DGTW is trying to do to turn around the corporation and emerge from bankruptcy.
Go DGTW!
Buy cautiously and sell reluctantly. All of my posts are In My Opinion only based on the DD I have completed. Please do your own DD and make your own decisions.
