FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Smith Arthur L   2. Issuer Name and Ticker or Trading Symbol Digerati Technologies, Inc. [DTGI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) 3463 MAGIC DRIVE, SUITE 355 3. Date of Earliest Transaction (Month/Day/Year) 04/14/2014 (Street) SAN ANTONIO, TX 78229 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, $.001 par value per share 01/21/2015   A(1)   137,143 A $ 0.24 196,943 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option to purchase common stock

$ 4.6

04/04/2014

J(2)

3,652

07/16/2009

09/29/2015

Common Stock, $.001 par value per share

3,652

$ 0

0

D

Option to purchase common stock

$ 4.6

04/04/2014

J(2)

4,565

07/16/2009

10/03/2015

Common Stock, $.001 par value per share

4,565

$ 0

0

D

Option to purchase common stock

$ 4.6

04/04/2014

J(2)

2,609

07/16/2009

09/25/2016

Common Stock, $.001 par value per share

2,609

$ 0

0

D

Option to purchase common stock

$ 4.6

04/04/2014

J(2)

3,913

07/16/2009

08/15/2017

Common Stock, $.001 par value per share

3,913

$ 0

0

D

Option to purchase common stock

$ 5.18

04/04/2014

J(2)

5,652

02/08/2011

02/01/2018

Common Stock, $.001 par value per share

5,652

$ 0

0

D

Option to purchase common stock

$ 5.75

04/04/2014

J(2)

10,870

09/06/2012

04/06/2019

Common Stock, $.001 par value per share

10,870

$ 0

0

D

Convertible Preferred Stock

$ 0

04/04/2014

J(2)

200,000

12/30/2012

12/30/2012

Common Stock, $.001 par value per share

200,000

$ 0

0

I

Personal

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Smith Arthur L 3463 MAGIC DRIVE, SUITE 355 SAN ANTONIO, TX 78229			Chief Executive Officer

Signatures

/s/ Arthur L. Smith		03/03/2015
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Grant pursuant to 2005 Incentive Compensation Plan.
(2)	Pursuant to the terms of the Agreed Order Confirming Joint Plan of Reorganization Filed by Plan Proponents entered in Registrant's bankruptcy proceeding, all outstanding shares of the Company's preferred stock, warrants, options, conversion rights and other rights to acquire shares of common stock and all "super voting" shares were cancelled on April 4, 2014.

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