On January 28, 2013, the Board of Directors of Digerati Technologies, Inc. announced that the resignation of Kelley Kirker as director was accepted on January 16, 2013. In addition, the Company stated that on January 17, 2013, it has initiated litigation in the District Court of Clark County, Nevada against Oleum Capital, LLC for breach of contract, unjust enrichment, declaratory relief, constructive trust and injunctive relief for actions of the Defendant and its control persons, David L. Gorham and Bert Tarrant Dunken.