DigitalTown, Inc. (DGTW)

[JPS02]

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

- I think this part of the 9/21/20 PR is a good and accurate summary of what DGTW is trying to do to turn around the corporation and emerge from bankruptcy.

Go DGTW!