Digital Locations, Inc. (OTCPK:DLOC) announced that it has entered into a securities purchase agreement with one accredited investor for 10,100 Series E convertible preferred stock at a purchase price of $100 per share on April 2, 2021. The investor will have the right, exercisable in its sole discretion, to purchase the shares at any time until April 2, 2031. Each share of Series E Preferred Stock is convertible into shares of fully paid and non-assessable shares of common stock of the Company at a fixed conversion price of $0.0015 per share.