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October 03, 2015 11:18 PM ET

Diversified Telecommunication Services

Company Overview of Digerati Technologies, Inc.

Company Overview

Digerati Technologies, Inc., through its subsidiary, Shift8 Technologies, Inc., provides Internet-based telephony products and services through its cloud telephony application platform and session-based communication network. The company offers voice over Internet protocol (VoIP) communication services to telecommunications companies. It also provides Internet-based services, including fully hosted IP/PBX services, IP trunking, call center applications, prepaid services, interactive voice response auto attendant, call recording, simultaneous calling, voicemail to email conversion, and multiple customized IP/PBX features in a hosted or cloud environment for specialized applications. Digerati ...

3463 Magic Drive

Suite 355

San Antonio, TX 78229

United States

Founded in 1993

6 Employees



Key Executives for Digerati Technologies, Inc.

Chief Executive Officer, President and Secretary
Age: 51
Total Annual Compensation: $109.5K
Chief Financial Officer and Treasurer
Age: 41
Total Annual Compensation: $109.5K
Compensation as of Fiscal Year 2014.

Digerati Technologies, Inc. Key Developments

Digerati Technologies, Inc. Appoints Craig K. Clement as Chairman

Digerati Technologies, Inc. reported that its board of directors appointed a current Director, Craig K. Clement, as Chairman of the Board. Mr. Clement has nearly thirty-five years executive and board of director experience with Technology and E&P entities (Bettis, Boyle and Stovall, Buffalo Royalty, Petroleum Search, Yucca, Panaco), where he was responsible for asset management, acquisitions/divestitures, strategic/tactical planning, financial operations, corporate finance, legal, transaction structuring, business development, and investor relations. Since 2011, he has served as a consultant to various E&P entities including Morning Star, BP, and Forge Energy.

Digerati Mulls Acquisitions

Digerati Technologies, Inc. (OTCPK:DTGI) is seeking acquisitions. Craig K. Clement, Chairman of the Board at Digerati, stated, "We believe softening commodity prices can give Flagship the ability to favorably exploit the current market volatility through its well-conceived strategy, coupled with patience, and a commitment to the longer-term. It is likely that current oil prices will lead to a consolidation cycle and improved deal flow for reviewing a greater number of producing and potentially troubled oil and gas assets for acquisition. We look forward to working with Westlake Securities, LLC to create value for all stakeholders in this venture."

Digerati Technologies, Inc. will Change its Ticker to DTGI from DTGI.Q

Effective January 15, 2015, Digerati Technologies, Inc. will change its Pink Sheets LLC stock ticker symbol to DTGI from DTGI.Q.

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