DigitalTown, Inc. (DGTW)

[Porteño]

According to our DD, the judge will grant Sub V this time around.

See, in order to get Sub V approved, the company has to meet certain requirements. And if you look at the latest court filings submitted to the judge, you will see DGTW has already made an argument for all of them. As an example of one of these requirements, the company has to show that the shareholders are under quantity of 300. As per the document below, DGTW establishes that they have 277 shareholders which falls under the maximum limit:



The only reason why judge asked for a continuance to this week is that these Sub V rules are relatively new to the system and the judge. More specifically, the issue that caused the extension relates to the interpretation of the various Section 15(d) rules as they relate to reporting obligations of DigitalTown. The company has already met several criteria, as confirmed by the judge, and there was just one final detail that she was trying to understand. She didn't want to rush to a decision (as is very typical from judges who are thorough) without having all the facts first, thus, why she asked for the continuance.

Based on our communications with the CEO, we believe that the Sub V approval will happen this Thursday.

Bank on it.

All IMO.

$DGTW