Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Oleum Capital, LLC
2. Date of Event Requiring Statement (Month/Day/Year)
11/26/2012
3. Issuer Name and Ticker or Trading Symbol
Digerati Technologies, Inc. [DTGID]
(Last)
(First)
(Middle)
12603 SOUTHWEST FREEWAY,, SUITE 170
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
12/03/2012
(Street)

STAFFORD, TX 77477
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Series E Preferred Stock (1) 1,000,000
D (2)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Oleum Capital, LLC
12603 SOUTHWEST FREEWAY,
SUITE 170
STAFFORD, TX 77477
    X    
GORHAM DAVID LEE
12603 SOUTHWEST FREEWAY,
SUITE 170
STAFFORD, TX 77477
    X    
RAINMAKER TRUST
12603 SOUTHWEST FREEWAY
SUITE 170
STAFFORD, TX 77477
    X    
DUNKEN BERT TERRANT JR
12603 SOUTHWEST FREEWAY
STAFFORD, TX 77477
    X    

Signatures

/s/ Terry Dunken, Manager, for Oleum Capital, LLC 04/26/2013
**Signature of Reporting Person Date

/s/ David Gorham 04/26/2013
**Signature of Reporting Person Date

/s/ Terry Dunken, Trustee, for the Rainmaker Trust 04/26/2013
**Signature of Reporting Person Date

/s/ Terry Dunken 04/26/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) On November 26, 2012, Oleum Capital LLC acquired preferred stock of Digerati Technologies. The Form 3 filed on December 3, 2012 reported Oleum Capital's ownership of Series A Preferred Stock convertible into Digerati common stock. This amendment is being provided to provide another line of ownership information, reporting Oleum Capital's acquisition of Digerati Series E Preferred Stock, also acquired on November 26, 2012. In accordance with the form instructions, this amendment only adds the line to Table I for the Series E Preferred Stock. There has been no change to Oleum Capital's ownership of Series A Preferred Stock as originally reported.
(2) This amendment also adds as joint reporting persons David Gorham, Terry Dunken, and Terry Dunken as Trustee of the Rainmaker Trust dated August 17, 2012 (the "Rainmaker Trust"). All reporting persons share the same address. Mr. Gorham, Mr. Dunken and the Rainmaker Trust are deemed to be the indirect beneficial owners of the same shares held directly by Oleum Capital. The Rainmaker Trust owns 60% of Oleum Capital. Mr. Gorham's wife and children are the beneficiaries of the Rainmaker Trust. Mr. Dunken is the manager of Oleum Capital and the trustee of the Rainmaker Trust. Mr. Dunken's wife is the beneficiary of a trust that owns 30% of Oleum Capital. Mr. Gorham, Terry Dunken, and the Rainmaker Trust disclaim Section 16 beneficial ownership of all shares held by Oleum Capital, and this report shall not be deemed an admission that any of the reporting persons is the beneficial owner of the shares, except to the extent of a reporting person's pecuniary interest, if any, therein.

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