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The location of Imperium's Experience Center is the heart of EV sales in California.
"According to a PR by Globe Newswire, 50% of EV sales in the US come out of California. The demand for these more affordable EV's might pick up some steam fast in California and soon on the East Coast as well. The market place for EV stocks has been very bullish lately as well."
https://talkingotc.com/blog/post/109939/dsgt-dsg-global-inc
Their business plan is to go after the larger EV market of ppl that want an EV but at less than a Tesla price.
Bob and Rick are building a winner!
Hehehe, told ya we would see 25 today. Perhaps I was too conservative?
19.5 m shares traded. Entire unrestricted float.
Getting thinner and thinner as the day goes on.
Congratulations Pran. Great decision by you to fight back and average down when the mb at the time told us we were nuts...green looks good on you!
I know T, a mere double since Friday's close.
Already #11 Break Out boards today! More eyes a'coming
Flippers welcome, jump in and help drive this to $1.
Suprisingly low float
31m OS, 12m Restricted
Only 19m shares available for trading.
9m have traded in the first 25 minutes of open
In a flash this could run .13 to .25.
Sorry, sorry. I mean .12
Wheeeeee!
No, .11 lol
.10!!!
True, and who has the exclusive rights in North America & Mexico to sell Jonway EV's. Imperium Motors!
Imperium Motor does not manufacture but only sells EV cars.
Nice read, good find!
Waiting for the market to open?
where will you be when this hits .10+
Good morning, let's get this party started!
During the shutdown, DSG has received 3 covid PPP loans & 1 business loan. All have extremely favorable terms.
It is uncommon for an OTC to get one PPP loan, much less three.
On April 17, 2020, the Company received a loan in the principal amount of CDN$40,000 under the Canada Emergency Business Account program. The loan is non-interest bearing and eligible for CDN$10,000 forgiveness if repaid paid by December 31, 2022. If not repaid by December 31, 2022, the loan bears interest at 5% per annum and is due on December 31, 2025.
On April 21, 2020, the Company received a loan in the principal amount of CDN$40,000 under the Canada Emergency Business Account program. The loan is non-interest bearing and eligible for CDN$10,000 forgiveness if repaid paid by December 31, 2022. If not repaid by December 31, 2022, the loan bears interest at 5% per annum and is due on December 31, 2025.
On May 21, 2020, the Company received a loan in the principal amount of $30,065 under the Paycheck Protection Program. The loan bears interest at 1% per annum and is due on May 21, 2022 with payments deferred for the first six months of the term.
On June 5, 2020, the Company received a loan in the principal amount of $150,000. The loan bears interest at 3.75% per annum and is due on June 5, 2050. The loan is secured by all tangible and intangible assets of Company. Fixed payments of $731 are due monthly and begin 12 months from the date of the loan.
"We are excited to finally be entering the electric vehicle space. While it has taken more time than anticipated to become operational, the company will be selling hundreds of vehicles each month. said Rick Curtis, President"
Ok so what if they don't sell hundreds/month, what if they don't sell even 100. What if they averaged 50/month at ~$20k each. That is $12 million in a year and MC after Friday is a paltry $2.2m. Laughable!
If you only consider the $12m in revenue at a measly 1X MC the SP should be $0.38. Lol, put your own multiple on it, what do you get?
Long awaited Experience Center Opens.
SURREY, British Columbia, Aug. 21, 2020 (GLOBE NEWSWIRE) -- DSG Global (OTCQB: DSGT) announced that the new center located in Fairfield, California has officially opened. The company will also be announcing a new expanded lineup of vehicles soon to arrive.
https://www.nasdaq.com/press-release/dsg-globals-corporate-update-2020-08-21
"We are excited to finally be entering the electric vehicle space. While it has taken more time than anticipated to become operational, the company will be selling hundreds of vehicles each month. The first orders for the Low Speed Electric Vehicles is being prepared for release with the manufacturer.” said Rick Curtis, President, Imperium Motor Corporation."
https://www.nasdaq.com/press-release/dsg-globals-corporate-update-2020-08-21
"Due to recent growth and expansion, the company has recently moved into new facilities. The complex, still located in Surrey, includes warehousing, larger engineering space and more office space with all parties in one complex."
https://www.nasdaq.com/press-release/dsg-globals-corporate-update-2020-08-21
Getting a lot of attention on iHub this weekend, #5 on sbreak out board
Saturday, #10 so far today.
LOL J, he didn't say he sold and made money. But truthfully most folks that did lose, did so because of greed.
Many ppl were up $10K-$300k in April 2018, greed kept them from selling and banking those profits. Blaming the CEO is just what folks do, I mean someone has to be at fault, right.
As BMoe says, always take profits.
I think that is a great conservatively low estimate.
32m OS
19m Unrestricted
32.7m traded Friday
Lots of flipping but guessing the unrestricted OS is now held at a nickel or better. 25% probably held by longtime shareholders who are looking for 50 cents and up.
If, and I do mean if, there is follow through on Monday I will not be surprised to see 15 to 20 cents.
Having mentioned cents, this is my two lol.
Totally agree Major! Never in the history of this stock has it seen gains like last Friday. Not even back in early 2017 before the 3 yr nightmare. Follow through is now important, pretty sure it will happen.
Is there a link to support that claim?
So vast would be something like 32m/1000, 32,000 share OS.
lol yep, they're gonna RS a 32m OS.
Another Vast R / S coming anytime!
Yes, yes they know and so have we.
Thanks for documenting how they have been settling convertible notes in 2020. In fact as far back as January 2020 they provided guidance on the website that we should expect a 22 million OS with most of it being restricted.
That was before the worldwide events of 2020 and the markets gave back 37% in March. Naturally that impacted the number of shares in the OS, however at 32m and 12m restricted this is a super low float.
Get them to show you the Central Command Center. It will amaze you with the control and information it provides the GC during open hours and reports available after. I have seen it in action, you see every cart on the course as they move.
Hmm, 31m shares in the OS, 12m restricted. Ya, Monday may make Friday look like small Taters. Got a feeling the company has more to say in the coming weeks.
19m trade-able shares, could get very interesting here.
lol, J I get what you are saying but we have waaay more than 4 more days.
You may be right Jag. Next week could be dynamite!
#6 on a Saturday on iHub break out boards. DSGT, what!?!
Hehe, so again what if he knows what the hell he is talking about. His leadership could make Imperium Motors a $50-$100m company.
$100m/32m OS time multiple. I am but a simple man, someone do the math for me.