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But again no revenue numbers and a lot of soon.
I like these snipets.
In addition to our sales and marketing activities, we have made progress on a number of key corporate initiatives that we believe set the stage for a listing on a senior national exchange.
Finally, we are well underway with a number of potentially transformational business development initiatives to significantly broaden our market reach.
Finally...
VANTAGE TAG SYSTEMS, a DSG Global Subsidiary, Provides Business Update and Announces Installation of TAG TEXT Systems in Alenda Golf in Spain
7/18/19, 8:00 AM
Reports progress on key corporate initiatives
Surrey, British Columbia, July 18, 2019 (GLOBE NEWSWIRE) -- DSG GLOBAL INC. (OTC: DSGT), the world's leading provider of the patented GPS Golf TAG Management System and on-course media system, today provided an update on strategic activities and announced that its subsidiary, Vantage Tag Systems (VTS), was selected by Alenda Golf in Monforte del Cid, Alicante in Spain to install its TAG TEXT System on Alenda Golf’s entire fleet of forty five golf carts.
“In addition to our sales and marketing activities, we have made progress on a number of key corporate initiatives that we believe set the stage for a listing on a senior national exchange. Firstly, we are now current in all our financial reporting. While this process took longer than anticipated, we believe we now have the financial and operational infrastructure to support our long-term growth plans. Additionally, we have consolidated our convertible debt with a single lender, which we believe will help streamline our balance sheet and provide us much greater financial flexibility to support our growth initiatives going forward. Our manufacturing partner and engineering team have received first samples of our new 10.2” INFINITY roof mount with all the same features as the INFINITY 12”. Finally, we are well underway with a number of potentially transformational business development initiatives to significantly broaden our market reach. We look forward to providing further updates as soon as possible.”
Bob Silzer, CEO of DSG Global, noted, “We are also pleased to report our latest expansion into Alenda Golf, a premier destination for golfers worldwide in Alicante, Spain. Alenda Golf adopted our TAG TEXT systems for their entire fleet of golf carts, which is further validation of our technology and the positive feedback from clubs across Europe, due to the fact our system provides a superior experience for golfers and a very attractive return on capital for the course operator through enhanced fleet management. Through our TAG TEXT suite of products, every important aspect of golf management is improved through our technology, including real-time tracking, pace-of-play, course and restricted zone warnings, automated full fleet messaging, custom clubhouse messaging, protection of sensitive areas, as well as theft and vandalism protection. Overall, the Vantage Tag Systems new suite of INFINITY HD products are rapidly becoming the industry gold standard, as illustrated by our rapid expansion among the leading courses around the world and we look forward to providing additional updates on new markets.”
About VANTAGE TAG SYSTEMS INC (VTS)
Vantage Tag Systems provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Their clients use VTS's unique technology to significantly reduce operational costs, increase safety, and enhance customer satisfaction. VTS has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over 15,000 vehicles worldwide. VTS is now aggressively branching into several new streams of revenue, through programmatic advertising, licensing and distribution, as well as expanding into Commercial Fleet Management, and Agricultural applications. DSGT is also expanding into commercial fleet management with the RAPTOR, a single rider golf car, and the 100E fully loaded Mullen golf cars, 2 and 4 seaters. Additional information is available at http://www.vantage-tag.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements in this press release include statements relating to the Company's corporate finance and other strategic initiatives, and the Company's expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.
Contact:
Crescendo Communications, LLC
Tel: 212-671-1021
Email: dsgt@crescendo-ir.com
download.jpg
Source: DSG Global Inc.
Is that 1,153 shares?
Was just looking back at that. Here’s to hoping
See this post is legit. Just tone it down and don’t spam and we can be friends
That would be the ideal confirmation for a reversal. Would I rather it be at 3.00? Hell yes but we are a long way off from that. Just something positive to look at I guess
Congrats on picking those up. Will help your average, most people can’t or won’t put anymore money here to average down. That’s the problem, yes if you buy down here most likely you will make money eventually. Problem is most people have already loaded here a year ago.
Would be really legit if we close the month above .80-.85. That’s actually a nice find, I used to trade off hammer candlesticks. One of the most reliable candles. I may never get all my money back but let’s get some of it back.
Looks like something is about to happen. Solid buys today actually. Man I hope your right about all of this. Give me $3 and I will be ecstatic
Well we did drop below $1 because apparently someone has a gun to their head saying they can’t explain anything to us. Just a slow bleed to where you and I will never get out of here with our money. The ones that have a slim chance of getting out are people willing to average down below $1.25 I’m not throwing anymore money here. Give me a good pop and I’m done. Bob won’t change he has said multiple times they would be more transparent. Then we get 1 good PR then a 1-2 fluff PRs then quite again with nothing else happening but the PPS falling. I don’t think it will change, the idea is good but management is more important to be successful. They’re to old to give a shot, play golf 4-5 days a week (buisness meetings) then actually go in 2-3 days. At least that’s what I imagine them doing, sounds like a good gig.
QB status would of been a start, then maybe NYSE how do they think they can jump straight to NASDAQ?
Because I’m 95% down?
Please send them the requirements for NASDAQ. I don’t think they have read them.
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/
Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
No one wants to buy. How long of a plan is this.
Uhh how do they expect to do that?
My shares that I have that I payed close to $50k are worth $3500. What a joke.
Man I can’t wrap my head around what is going on here. We had a giant r/s from a “position of strength” only to get no PRs. The only ones who are going to make money are the ones that can average down below 1.50 and who knows when that will happen. Either bob is letting friends and family average down or worse there has been nothing good happening and we will be bankrupt soon. Why else would they not be realizing news at the lowest the stock has ever been. The bid is officially below .0001 pre r/s
.27 on the bid. What the hell are we waiting for this is so sad
I agree just saying precious history stated they realease news prior to 8:30 cst
Past history suggests there’s still anchance they put a PR out in the next hour
Hope your right for everyone sake
Well we got an 8k
Only 2k support from there
Next stop .25? Love watching my money burn
Watch them put out a Pr tomorrow and waste any momentum. Sounds like something they would do.
There you go. I hope you and your $13k can stop the bleeding
Can someone explain this to me. Can they redeem these at anytime?
Note 12 – MEZZANINE EQUITY
Authorized
5,000,000 shares of convertible, redeemable Series C preferred shares authorized, each having a par value of $0.001 per share. Each share of Series C preferred shares is convertible into 10 shares of common stock.
1,000,000 shares of convertible, redeemable Series D preferred shares authorized, each having a par value of $0.001 per share. Each share of Series D preferred shares is convertible into 5 shares of common stock.
5,000,000 shares of convertible, redeemable Series E preferred shares authorized, each having a par value of $0.001 per share. Each share of Series E preferred shares is convertible into 4 shares of common stock.
The Series C, D and E preferred shares are mandatorily redeemable upon a major transaction which includes a change in control. As a result, they are classified as mezzanine equity.
17
Mezzanine equity transactions
During the three months ended March 31, 2019, the Company did not have any mezzanine equity transactions.
Note 13 – PREFERRED STOCK
Authorized
3,000,000 shares of Series A preferred shares authorized, each having a par value of $0.001 per share.
10,000 shares of Series B convertible preferred shares authorized, each having a par value of $0.001 per share. Each share of Series B convertible preferred shares is convertible into 1,000,000 shares of common stock.
On March 26, 2019, the Company effected a reverse stock split of its shares of common stock on a four thousand (4,000) old for one (1) new basis. Preferred share amounts remained unchanged.
Preferred Equity Transactions
During the three months ended March 31, 2019, the Company did not have any preferred share equity transactions.
Are you going to double down or what why .50
How does that make any sense dude. If it goes down more you will be out of the red?
At least get there salaries reworked
I think we did this a year ago and people were getting mad. I would be interested though
Wonder if they did that on purpose or something actually came up. We will probably never know
That’s actually amazing news. It means they’re retracting the note they told us about on June 26th. I hope to god it means we have non dilutive funding or a buyout. Solid news, never would of thought they would go back on a dilutive deal.
Maybe they were waiting for an uptick to close around $1 so there isn’t that big of a percent jump and the stock can run? That’s as high as it’s getting without news. If there’s nothing tomorrow every damn person on here should be pissed. Make multiple emails if you have to, we need to get the message across to them that we are tired of their stupid ass responses on how things are going. About time to revolt
Ya comfort level comes in to play on averaging down. Bob hasn’t shown anything to trust him.
Planning on waiting to buy on news?
Is it possible for you to average down. I know it sounds bad but we should get a pop to at least $3 sometime. Unless they dilute us to hell. Mine is sitting at 4.67 right now. My brother has been averaging down the past week or so. Just because his was so high that he would never get close to it
That’s your average?
I’m so grateful that I got out of some. Only like 10% but it was still $10k+ that I locked. Like everyone else I really thought we had the juice to get above .01 it was just a matter of time. I now have a lot more experience in these situations. Should of put a damn stop and taken emotions out. I really want everyone to recoup most of there money or make money here. I just don’t see how we haven’t gotten a PR on this clean slate week. I have come to the conclusion I hope we just get bought out. I won’t be seeing profit ever or not anytime soon with the dilution. Takes the emotion out of the game when a stock gets bought out. I would be happy to recoup 50%.
Man we could of gotten out of here looking like bandits if we bailed after that piss poor CC. Stupid on my part