Replies to post #5371 on DigitalTown, Inc. (DGTW)

[gotgoals]

A lot of bad and misinformation here. The assumptions here is worse case and not informative.

[stervc]

Not preposterous, but here's what's ignorant...

Those thoughts I shared are not preposterous at all. However, here is what could be considered ignorant.

The court appointed Trustee is just that. He has nothing to do with DGTW.

1. It could be considered ignorant to think that the court appointed Trustee does have something to do with DGTW or would know anything that they are preparing to emerge from bankruptcy.

2. It could be considered ignorant to think that DGTW is not going to have a positive side to present to the judge justifying their stance for filing for the new Subchapter V of Chapter 11 of the Bankruptcy Code:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158470197

3. It could be considered ignorant to think that the court is only going to listen to one side of evidence without listening to what DGTW will be presenting within their Plan of Reorganization (POR) that have been confirmed to be coming from the company. Why would they even be having a hearing if the judge was going to only listen to one side?

4. It could be considered ignorant to think that DGTW is not going to be filing soon in their POR confirmation of business operations, employees, cash/funding, physical location, financials, and much more to prove its legitimacy.

5. It could be considered ignorant to think that there is not much more to the story as one should do further due diligence (DD) than just reading the court dockets on Pacer. That's a start, but I suggest all to call the DGTW CEO to personally speak with him to get the answers to any questions one might have and to also get an idea for what will be further coming as some significant Pacer updates in the near future. I would read this post below and all of the links within it in great detail below for starters:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159464209
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 you were to simply do a little more research, I think you 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 is scheduled to be on December 3, 2020 a 10:00 a.m.

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

v/r
Sterling

[N00B90]

I agree. Red flags everywhere. View my last post and see if it is pin worthy. Very telling info from 10Q August 2919 since no 10k and only 2 10Q's last year