UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 21, 2010
DIGITILITI, INC.
(Exact name of registrant as specified in its charter)
DELAWARE | 000-53235 | 26-1408538 | ||
(State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
266 EAST 7TH STREET, 4TH FLOOR SAINT PAUL, MINNESOTA |
55101 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (651) 925-3200
(Former name or former address if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
As previously | ||||||||||||
Reported | Adjustments | Adjusted | ||||||||||
Interest expense |
$ | 1,218,794 | $ | 771,453 | $ | 1,990,247 | ||||||
Net loss |
$ | 1,590,752 | $ | 771,453 | 2,362,205 | |||||||
Loss per share Basic and diluted |
0.05 | 0.02 | 0.07 |
As previously | ||||||||||||
Reported | Adjustments | Adjusted | ||||||||||
Interest expense |
$ | 1,509,271 | $ | 771,453 | $ | 2,280,724 | ||||||
Net loss |
$ | 2,547,977 | $ | 771,453 | 3,319,430 | |||||||
Loss per share Basic and diluted |
0.08 | 0.02 | 0.10 |
As previously | ||||||||||||
Reported | Adjustments | Adjusted | ||||||||||
Interest expense |
$ | 1,735,488 | $ | 771,453 | $ | 2,506,941 | ||||||
Net loss |
$ | 3,203,817 | $ | 771,453 | 3,975,270 | |||||||
Loss per share Basic and diluted |
0.09 | 0.02 | 0.12 |
DIGITILITI, INC. | ||
Date: May 21, 2010 |
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By: /s/ Roy A. Bauer | ||
Name: Roy A. Bauer | ||
Title: Chief Executive Officer and President |