Replies to post #38 on DigitalTown, Inc. (DGTW)

[FullDeck]

Update on the terms of the Triton EPA...

It seems I didn't give the Triton Funds' advisors enough credit for clever deal-making.

The deal, if it has not been exited as Crunchbase indicates, would actually be very good for Triton, but bad for DGTW shareholders.

After having poster TenKay deciphered a similar Triton "EPA" with BVTK, it appears Triton is doing an almost "no-lose" deal with DGTW, whereby they are assured of getting the shares at at least the 25% discount, probably more.

There doesn't seem to be much interest on this board, so I'll just refer anyone interested to posts re Triton and BVTK, that have almost the same terms.

If anyone has any questions, feel free to post them here! ;-)

Just substitute DGTW for BVTK in the post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140786838

Basically, DGTW would give Triton the shares (no money exchanged yet), Triton would sell them within five days, and then they would pay DGTW for them at a cost of 75% of the average 5-day VWAP over the days they were selling them.

Not quite as sweet a deal as BVTK, whose cost w/b calc'd at the LOWEST VWAP over the five days, but still a virtually no-risk deal for Triton.

If there's more interest, I can go over the EPA in more detail... but 'til then- GLTA!