Replies to post #4532 on DigitalTown, Inc. (DGTW)

[stervc]

doingfine, to answer, with DGTW being a bankruptcy stock...

I understand how you feel. However, I do not know the time frame for when DGTW will release some more news or updates. I can guess based on another bankruptcy stock that I am currently in (BRTXQ) that had certain timelines, but I must indicate too how their situations are different with some major similarities to "compare and contrast" for a fair understanding.

For me, the #1 reason why I bought DGTW was because they are going to keep the common shares intact. That's the first thing that should be confirmed before buying any stock that is in Chapter 11 Bankruptcy. Then it was indicated that a reverse split is not on the table. That's some added gravy added to the meal. Those are the major similarities.

BRTXQ filed for bankruptcy back in March 2020. Just to get an idea of what we would normally expect, BRTXQ could have been bought and traded from .0001 to .0002 per share for March, April, May, June, and July. Then on the first trading day of August 2020 on August 3, it hit a high of .0003 per share. Then finally, the rest was history. Just imagine if people would have learned about the story of BRTXQ months ago.

I think the primary reason BRTXQ finally started to move in August 2020 was because it was within its 90 day window of having their Plan of Reorganization signed off by the judge to emerge from bankruptcy. Now, it is on its way to some huge things in my opinion.

So, to make some sense of that here with DGTW, quietly, we are within the 90 days of having their Plan of Reorganization signed off by the judge to emerge from bankruptcy. That's the beauty of them filing the newly created Subchapter V of Chapter 11 of the Bankruptcy Code. Under this, DGTW is automatically within its 90 day window as this is an accelerated process for emerging out of bankruptcy that is now. Within the pacer database, they have quietly filed such for confirmation of this.

BRTXQ had an operations that was major which helped it out a lot. However, after confirming from the CEO what he PR-ed, they do have something that I think they believe is major that will be put into DGTW after they emerge out of bankruptcy as they stated within the PR below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159093360

So, if I had to guess, I think the time is near. But even if it is not as near as I hope and believe, I'm fine with waiting it out to see what DGTW will be after they emerge out from bankruptcy.

v/r
Sterling