DigitalTown, Inc. (DGTW)

[stervc]

DGTW Common Shares Remain Intact & Much More Intel...

The common stock will not be cancelled and will remain intact as per what they PR-ed. There is no reverse split. There is no dilution... period. A company can't do a reverse split while in bankruptcy. A company can't file for any corporate action requests with FINRA while in bankruptcy. Anyone saying anything different is false.

You have delivered your post as if it is finite as a negative outcome here with DGTW when in fact, it is absolutely not finite. Actually, if one was to simply do a little more research, I think one would learn that it is quite the contrary.

The US Trustee (Michael R Fadlovich) is the independent oversight appointed by the court to give a nonbiased opinion to recommend the action to take based on the current assets and operational information available. What you are posting is from the court appointed Trustee. Of course he is going to recommend to dismiss the case or file Chapter 7 bankruptcy because there are currently no assets and no operations of any value in DGTW... as of today. How do you think he is going to feel about his decision once he sees that they truly do have something significant coming into DGTW?

To add, that is not the company's Trustee. The Trustee for DGTW is Mary Sieling and she is going to deliver vigorously the reason why what the US Trustee is recommending should not be approved. She is going to do this with the substance that is going to be delivered within the Plan of Reorganization (POR) that should be filed soon. I believe we will see a POR filed with showing a legitimate operations, a new direction, financials, funding, and more.

The company has basically indicated this in their earlier PR and with what they have informed some investors that actually called them. I recommend all to call the CEO and ask your questions to get the factual answers. I think you will learn that what I am posting is factual. There is a telephonic status conference that is scheduled for November 30, 2020 at 11:00 a.m. as indicated within the pacer databased that was recently filed. The hearing on two filed motions is scheduled to be on December 3, 2020 a 10:00 a.m. The Plan of Reorganization is due on December 7, 2020.

It's important for all to know that the judge is going to judge DGTW and grant them the decision to move forward based on what they show to exist for having a positive and beneficial future for the creditors and the shareholders. Their POR that they will submit will show that. You are presuming that the judge is going to judge them on what exists in the past. You are presuming that DGTW is not going to have a plan. I say if you do a little more due diligence (DD) like some of us here, you would positively learn something quite the contrary.

These posts should help one to see that DGTW is different from other bankruptcy stocks in some good ways:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159093360
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158440975
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158429686
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158452193
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158470197
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158685119
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159214109

v/r
Sterling