DigitalTown, Inc. (DGTW)

[trader59]

They plan to do the same thing that resulted in the bankruptcy with "repurposed" software. It just didn't sell.

The contractor CEO worked for the company while it failed, too, 2017-2018. Of course he had other things going on at the time:

https://ciaccohomes.com/about/

Plus, I see they've bolted on "software" in the POR ahead of "industry professional" that was in the PR to make it "software industry professional." Neat how that works.

https://www.prnewswire.com/news-releases/digitaltown-inc-announces-new-leadership-and-plans-300853444.html

Edit to address the edit to the post:

As I said earlier, the judge will rule on whether this plan is legal and the creditors are either OK with it or they are treated in accordance with the law. The judge is not offering any opinion whatsoever and it is misleading to suggest the ruling will be an endorsement/prediction of success. And, of course the creditors are going to take what they can get, otherwise they get nothing.