We are saddened and disappointed to inform that, despite our best efforts, the Judge has denied the feasibility of our POR and has converted the case to Chapter 7. $DGTW

Today, the court conducted an evidentiary hearing focused on the feasibility of our POR. The evidentiary portion has been concluded and the judge intends on rendering a decision tomorrow morning. $DGTW

Judge has continued the hearings on plan confirmation, US Trustee’s motion, and motion to approve settlement to Dec 9/2021, 11am CST.

We are preparing our memorandum in opposition to the US Trustee's renewed motion to convert or dismiss the case. We will vigorously defend our position, as we did the last time this motion was filed. $DGTW

Information regarding time sensitive creditor and shareholder ballot for accepting or rejecting Plan of Confirmation can be found here. $DGTW digitaltown.com/press-releas…

$DGTW is now Pink Current. Thanks to everyone for your continued patience and support!

The Motion for Order Approving our Settlement is now available on our website for viewing: digitaltown.com/blog/motion-… $DGTW

Modified Plan of Reorganization is now available on our website for viewing: digitaltown.com/press-releas… $DGTW

Amended Plan of Reorganization and Settlement Motion have now been filed with the Courts. We will post copies on our website tomorrow. $DGTW

According to communication received from OTC Markets, we should see our status updated to Pink Current in the next 2 business days. $DGTW

OTC Markets completed their review and identified missing information in one section of each report. This was updated immediately and amended reports have been uploaded. Once they confirm and review the changes, status will be changed to Pink Current. $DGTW

OTC Markets has just advised they have been overwhelmed with prioritizing companies that were at risk of falling to Expert Market status (as of today), and are now shifting to reviews for Pink Current. We are in the queue, and are fully compliant with SEC Rule 15c2-11. $DGTW

We have been advised by OTC Markets they have been working through extremely high volumes of requests, and that we can expect to see our status change to Pink Current in the next 2-4 business days. $DGTW

Disclosure reports and attorney letter are now visible on OTCMarkets. $DGTW

Disclosure statements and attorney letter have now been published on OTCIQ. They will be visible shortly. $DGTW

☑ Disclosure statements prepared ☑ Attorney letter being finalized ☑ OTCIQ application accepted ☑ OTC Markets profile verified ☑ Uploads expected by the weekend

POR update: Amended POR will be filed shortly; delayed to accommodate the adversary settlement that is in the process of being documented and filed (details of which are included in the amended POR). $DGTW

Filing update: Financial reports are ready to be uploaded as soon as we get access to our new OTCIQ account. $DGTW

Our monthly operating report for July 2021 has been filed and will be available on PACER tomorrow $DGTW digitaltown.com/blog/monthly…

DigitalTown has reached a settlement in principle on the adversary proceedings and will be applying to the Courts for approval. Required documentation is being finalized and will be filed in short order, at which point details will be made available. $DGTW