DGTW DigitalTown, Inc. featured news, full reports, and detailed charts
DigitalTown, Inc. (DGTW/DGTW.OB) Wrap Up:
DigitalTown, Inc. focuses on the design and development of digitaltown social-networking portal. Its portal connects local online spirit sites formed around a town and its high school, as well as includes features, such as email, alumni communication and reunion tools, calendar, and organizing tools for boosters, personal profiles, photo, video and music sharing, and timely community news. The company owns the domains associated with all of these communities. It owns Laptopcomputers.com and Notebookcomputers.com, which are PC related domains, as well as GoSchools.com domains, which specialize in high school domain names. DigitalTown, formerly known as BDC Capital, Inc., was founded in 1982 a...www.digitaltown.com
3 Employees
Founded in 1982
DigitalTown, Inc. (DGTW:OTC Bulletin Board Market)
LAST $1.40 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of DigitalTown, Inc. (DGTW)
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OPEN
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PREVIOUS CLOSE
$1.40
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
08/31/09 - $3.50
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52 WEEK LOW
10/13/09 - $0.18
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MARKET CAP
38.3M
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AVERAGE VOLUME 3 mo
1.9K
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DILUTED EPS TTM
$-0.07
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SHARES OUTSTANDING
27.4M
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DGTW Does Not Pay Dividends
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P/E TTM
NM
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DGTW Top Compensated Officers
Mr. Richard A. Pomije
Founder, Executive Chairman, Prinicipal Execu...
Age: 54
Total Annual Compensation: $226.7K
Mr. Mike W. Davis
Chief Technology Officer
Age: 47
Total Annual Compensation: --
Executives, Board Directors
Compensation as of Fiscal Year 2009.
Key developments for DigitalTown, Inc. (DGTW)
DigitalTown and The Active Network Sign Strategic Alliance Agreement
10/6/2009
DigitalTown Inc. and The Active Network Inc. have signed a strategic alliance agreement covering a range of content, technology and business services. The companies intend to leverage Active's extensive data and applications suite to leverage DigitalTown's unique portfolio of 27,000 URLs in the market for hyper-local content. Through the strategic alliance, the companies will initially focus on integrating Active.com content, including an extensive directory of events and facilities, school schedules, scores and rankings, with DigitalTown's web sites. The companies will also collaborate on a number of technology solutions including event registration and organization, team and organizational web sites, and localized online communities. In addition to content and technology, the companies intend to monetize the sites through online advertising and a variety of subscription and transaction services.
DigitalTown Inc. Announces Partnership with The Active Network, Inc
09/4/2009
On September 01, 2009, the Board of Directors of DigitalTown Inc. approved a Letter of Intent to move forward with a partnership with The Active Network Inc. The LOI calls for DigitalTown and Active to participate in Joint Promotion, Joint Technology, New Hyper-Local Ad Technology and revenue sharing of the DigitalTown 14,700 on-line content and news hub for school spirit sites; this will expand to all of DigitalTown’s 27,000 sites. In Social Networking-Active will establish a DigitalTown-branded and tailored section of the Active community, providing a common interface for current Active members as well as new DigitalTown members. In Content-Active will provide content that will include H.S. football, basketball, lacrosse and more with schedules, scores, ratings, rankings, game previews and recaps associated with each individual H.S. team.
DigitalTown Inc. Announces Management Changes
08/25/2009
The board of directors of DigitalTown Inc. dismissed Jan Andersen as chief executive officer. Richard Pomije was appointed chief executive officer. Pomije is currently serving as chairman of the board, president, secretary and treasurer. POMIJE has been with DigitalTown Inc. since 1982 and has served as president, secretary, treasurer, and a director since 1996. On August 21, 2009, John Witham was appointed to the board of directors. Witham served as CFO from September 16, 2008 to July 21, 2009.
DGTW Competitors
| Company | Last | Change | |
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Industry Analysis
| Valuation | DGTW | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10,524.2x |
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| Price/Book | 26.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 10,444.9x |
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DGTW transactions
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More Recent News About DigitalTown, Inc.
More news for DGTW
DigitalTown on Track to Complete Its Nationwide Rollout of 27,000 High School Content Sites
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
DIGITALTOWN, INC. Financials
PERIOD ENDING31-Aug-0931-May-0928-Feb-0930-Nov-08Total Revenue2 - - - Cost of Revenue44 - - - Gross Profit(42) - - - Operating ExpensesResearch Development - - - - Selling General and Administrative(48)420 747 689 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss6 (420)(747)(689)Income from Continuing OperationsTotal Other Income/Expenses Net - 2 1 0 Earnings Before Interest And Taxes6 (418)(745)(689)Interest Expense3 2 (0)3 Income Before Tax3 (420)(745)(692)Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops3 (420)(745)(692)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion of the financial condition of the Company as of August 31, 2009, and its results of operations for the three and six months ended August 31, 2009 and 2008, which should be read in conjunction with, and is qualified in its entirety by, the financial statements and notes thereto included elsewhere in this report. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This Form 10-Q for the quarter ended August 31, 2009, contains forward-looking statements. Forward-looking statements may be identified by the use of forward-looking terminology, such as "may," "shall," "could," "expect," "estimate," "anticipate," "predict," "probable," "should," "continue," or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in the following information have been compiled by our management and are considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements. Company Overview DigitalTown, Inc. (the "Company") launched on-line content and news hubs for over 14,000 of their approximately 27,000 high school websites on June 9, 2009, which represents the first phase of the Company's plans to develop powerful, user generated and interactive sites that will serve all the constituents of local high schools, and by extension, their local communities. This phase aggregates existing content from across the web that is relevant to each high school. Each school site is customized to reflect each school's colors, with links to their official high school web page. This phase will allow us to aggressively engage with partners to ad...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
Show all filings for DIGITALTOWN, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for DIGITALTOWN, INC. 8-Oct-2009Entry into a Material Definitive Agreement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, ...Click here to read the whole Article (external link)
DigitalTown and The Active Network Sign Strategic Alliance Agreement
MINNEAPOLIS, MN--(Marketwire - 10/06/09) - DigitalTown, Inc (OTC.BB:DGTW - News) and The Active Network, Inc. (Active) have signed a Strategic Alliance Agreement covering a range of content, technology and business services. The companies intend to leverage Active's extensive data and applications suite to leverage DigitalTown's unique portfolio of 27,000 URLs in the market for hyper-local content. "Our portfolio of URLs is primarily focused on 'spirit sites,' consisting of high school and mascot names. We believe that this is one of the more compelling focal points for community life in North America," stated Richard Pomije, Chairman and CEO of DigitalTown. "With Active's local content and technology solutions we can deliver hyper-local solutions including a unique advertising model."Through the strategic alliance, the companies will initially focus on integrating Active.com content, including an extensive directory of events and facilities, school schedules, scores and rankings, with DigitalTown's web sites. The companies will also collaborate on a number of technology solutions including event registration and organization, team and organizational web sites, and localized online communities."The local high school provides a natural focal point for most communities," noted Alan Cole, Vice President of Active Media Properties, a business unit of The Active Network. "Through our family of Active.com media properties we can deliver timely, hyper-local content which resonates with students, families and local supporte...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 8-K, Other Events
Show all filings for DIGITALTOWN, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for DIGITALTOWN, INC. 4-Sep-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purpo...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 21, 2009, the Board of Directors dismissed Jan Andersen as Chief Executive Officer. There have been no disagreements between Mr. Andersen and the Company, known to an executive officer of the Company, on any matter relating to the Company's operations, policies or practices. The Company has provided Mr. Andersen a copy of the disclosures it is making in this Item 5.02 no later than the day of filing this Form 8-K with the SEC. The Company has also provided Mr. Andersen the opportunity to furnish the Company, as promptly as possible, a letter addressed to the Company stating whether he agrees with the statements made by the Company in this Item 5.02, and, if not, stating the respects in which he does not agree. The Company will file any letter received by the Company from Mr. Andersen with the SEC as an exhibit by an amendment to this Form 8-K within two business days after receipt by the Company. Effective August 21, 2009, Mr. Richard Pomije was appointed Chief Executive Officer. Mr. Pomije is currently serving as Chairman of the Board, President, Secretary and Treasurer. There have been no transactions between Mr. Pomije and the Registrant during the prior fiscal year which would be required to be reported pursuant to Item 404(a) of Regulation S-K that have not already been reported on Form 10-K. Following is a brief description of Mr. Pomije's business experience: RICHARD A. POMIJE has been with DigitalTown, Inc. since 1982 and has served as President, Secretary, Treasurer, and a director since 1996. He had previously served in such positions from 1983 through 1992. Mr. Pomije's primary responsibilities include overall strategic planning. Mr. Pomije holds a degree in Communication Technology, Audio Technology and Technical Services from Brown Institute. Mr. Pomije also received a First Class FCC lic...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion of the financial condition of the Company as of May 31, 2009, and its results of operations for the three months ended May 31, 2009 and 2008, which should be read in conjunction with, and is qualified in its entirety by, the financial statements and notes thereto included elsewhere in this report. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This Form 10-Q for the quarter ended May 31, 2009, contains forward-looking statements. Forward-looking statements may be identified by the use of forward-looking terminology, such as "may," "shall," "could," "expect," "estimate," "anticipate," "predict," "probable," "should," "continue," or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in the following information have been compiled by our management and are considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements. Company Overview DigitalTown, Inc. (the "Company") launched on-line content and news hubs for over 14,000 of their approximately 27,000 high school websites on June 9, 2009 which represents the first phase of the Company's plans to develop powerful, user generated and interactive sites that will serve all the constituents of local high schools, and by extension, their local communities. This phase aggregates existing content from across the web that is relevant to each high school. Each school site is customized to reflect each school's colors, with links to their official high school web page. This phase will allow us to aggressively engage with partners to add functionality an...Click here to read the whole Article (external link)
DIGITALTOWN, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for DIGITALTOWN, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for DIGITALTOWN, INC. 2-Jul-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, n...Click here to read the whole Article (external link)
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