Michael Cartwright - DigitalTown CTO, Director

Director

Mr. Michael Cartwright is Chief Technology Officer of the Company. Mr. Cartwright has over 20 years of IT experience with organizations of all sizes and across a range of industries including travel, consultancy and manufacturing. Prior to joining Digital Town, Mr. Cartwright was a cofounder and CEO of Comencia Inc., a Private Label Travel Platform, a Technology Vice President at Expedia, CTO of Pirean, a UK based identity and access management company, and a Technology Director at Nestle, Switzerland since 2018.
Tenure 6 years
Phone425-577-7766
Webhttps://digitaltown.com
Cartwright holds a BSc in Computer Science from the University of Teeside.

DigitalTown Management Efficiency

The company has return on total asset (ROA) of (32.9875) % which means that it has lost $32.9875 on every $100 spent on assets. This is way below average. DigitalTown's management efficiency ratios could be used to measure how well DigitalTown manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 291.92 K in liabilities with Debt to Equity (D/E) ratio of 27.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. DigitalTown has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DigitalTown until it has trouble settling it off, either with new capital or with free cash flow. So, DigitalTown's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DigitalTown sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DigitalTown to invest in growth at high rates of return. When we think about DigitalTown's use of debt, we should always consider it together with cash and equity.

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DigitalTown, Inc. provides integrated search, community, and commerce platform for Web and mobile devices. On December 13, 2021, the voluntary petition of DigitalTown, Inc. for reorganization under Chapter 11 was converted to Chapter 7. Digitaltown is traded on OTC Exchange in the United States. DigitalTown [DGTW] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

DigitalTown Leadership Team

Elected by the shareholders, the DigitalTown's board of directors comprises two types of representatives: DigitalTown inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DigitalTown. The board's role is to monitor DigitalTown's management team and ensure that shareholders' interests are well served. DigitalTown's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DigitalTown's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frank Robles, Chief Officer
Chris Maxwell, CTO
Faris Oweis, VP Devel
Mark Schwartz, Director
Lawrence Lerner, Director
Douglas Rushkoff, Director
Jeffrey Mills, Secretary, Director and Member of Audit Committee
James Parsons, Director
Kenneth Cooper, VP Relations
Darvin Habben, Director
David Carter, CFO
Michael Cartwright, CTO, Director
Robert Monster, CEO and President and Director
Dave Carter, CFO
Kevin Wilson, CFO, Secretary, Director
Karen Robinson, Director
Greg Foss, Director
Ferry Chahaya, Chief Officer
Ken Jensen, VP Sales
Karen Floyd, Chief Officer
Clint Skidmore, Chief Officer
Derek Schumann, Director
Kenwei Chong, Director
Maury Blackman, Director
Adee Wada, Director of Marketing
Simon Flack, Chief Officer
George Nagy, Director
Sam Ciacco, Chairman of the Board, CEO
Khalil Rubb, Director

DigitalTown Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is DigitalTown a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with DigitalTown

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DigitalTown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DigitalTown will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to DigitalTown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalTown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DigitalTown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DigitalTown to buy it.
The correlation of DigitalTown is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DigitalTown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalTown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DigitalTown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalTown. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running DigitalTown's price analysis, check to measure DigitalTown's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DigitalTown is operating at the current time. Most of DigitalTown's value examination focuses on studying past and present price action to predict the probability of DigitalTown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalTown's price. Additionally, you may evaluate how the addition of DigitalTown to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between DigitalTown's value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalTown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalTown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.