DigitalTown, Inc. (OTCMKTS:DGTW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 26, 2018, the resignation of James B. Parsons was accepted by the Board of Directors. Mr. Parsons did not resign due to any disagreements known to an executive officer of the Company on any matter relating to the registrant’s operations, policies or practices. Mr. Parsons has been provided a copy of this Current Report on Form 8-K no later than the day of filing with the Commission and has been provided with the opportunity to provide a letter stating whether he agrees with the statements made herein. No letter has been received as of the date of filing. The Company will file with the Commission any such letter within two (2) business days of receipt. Mr. Parsons remains outside general counsel to the Company.
About DigitalTown, Inc. (OTCMKTS:DGTW)
DigitalTown, Inc. offers DigitalTown, a platform for hosted Smart City Management. DigitalTown is an integrated search, community and commerce platform for both Web and mobile devices. DigitalTown powers connected online communities that enable members of a community to find information, and acquire the goods and services they need locally where possible. Residents and visitors can use a DigitalTown powered search engine to access content, community and commerce from a search tool. If there are local vendors that can fulfill a product or service that relates to a search term, then these options are presented to the user. It provides community tools to keep community members connected. The DigitalTown platform provides merchants with turnkey solutions for online commerce. The DigitalTown platform creates online and mobile communities. The Company also provides local booking for local services across its network of DigitalTowns. It also offers dining and lodging services.