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1.02 printing
News
https://www.globenewswire.com/news-release/2021/02/04/2170189/0/en/DSG-Global-Enters-Negotiations-for-US-Manufacturing-and-Assembly-Facilities-for-its-Electric-Vehicle-Products.html
SURREY, British Columbia , Feb. 04, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is in active negotiations for multiple US manufacturing and assembly facilities for the Company’s expanding electric vehicle product line up.
“We are vigorously pursuing plans to open our first two US facilities to assemble our electric vehicles,” commented Bob Silzer , President and CEO of DSGT. “We are also working on setting up dealership partnerships across the U.S. in preparation for the launch of EV sales.”
“Opening our first US manufacturing and assembly facility will be a major milestone for the Company. Assembling vehicles in America creates needed jobs and assures our customers the great quality expected from our products,” added William J. Rex , president of the EV bus and motor home division of the Company’s Imperium Motor Company subsidiary.
Having founded Rexhall Industries Inc. , a once publicly traded manufacturer of RV and distributor of buses, coaches and chassis imported from Asia , Rex has been involved in vehicle manufacturing and sales since 1987. In addition, he served as President of Establishment Industries Inc. / Thor West , a subsidiary of Thor Industries, which manufactured small shuttle buses, and President of BYD Coach, Bus & Truck Mfg a subsidiary of publicly traded BYD Industries .
Silzer also commented: “One of the opportunities we are targeting is in Olympia, Washington , less than 200 miles from our corporate headquarters. In addition to Washington State’s business-friendly tax code, this facility would provide further benefits as it is located on the Nisqually Indian Tribe’s reservation.”
Michael Mason , Nisqually Indian Tribe Economic Development Sr. Manager, stated: “We are excited about the possibility of establishing DSGT’s assembly plants on our property. Not only do we have a strategic location near a major interstate highway and a ready workforce, we very importantly, also are a U.S. General Services Administration (GSA) contractor, which means that we can assist in helping DSG Global sell EV busses, trucks and other vehicles through the GSA program to the federal government.”
“The Nisqually Indian Tribe has working relationships with the Department of Defense and Joint Base Lewis McChord , which is located next to the reservation,” Curtis commented. “Working with the Nisqually and neighboring tribes, we also would be able to pursue grant opportunities that could help us to further accelerate our growth plans.”
95!
lol, i was the 15,101st view. Wish i knew how to translate it. We are getting the kind of exposure needed to attract more buyers.
Bumping:
It is simply the registration of shares to be used in the 8K funding agreement from 12/30.
01/28 No change in OS 2,702,426,920
https://www.otcmarkets.com/stock/VISM/security
"The court unequivocally ruled in our favor"
FAIRFAX, VA / ACCESSWIRE / February 1, 2021 / Visium Technologies, Inc. ("Visium" or the "Company") (OTC PINK:VISM), announced today that it has won a dismissal of the involuntary bankruptcy petition that was filed against the Company in the Southern District Court of Florida on December 30, 2020 , which had been brought by three parties, (i) Tarpon Bay Partners LLC , (ii) J.P. Carey Enterprises Inc. , and (iii) Anvil Financial Mgmt LLC (collectively the "Petitioning Creditors"). [SL1]
The Court ruled in Visium 's favor, dismissing the involuntary bankruptcy petition and allowing Visium to file a motion with the Court seeking compensatory and punitive damages. In addition, Visium plans to file an affidavit of fees and costs incurred in connection with Visium 's defense of the Involuntary Petition.[SL2]
Mark Lucky , Visium 's Chief Executive Officer, commented, "We could not have asked for a better outcome to this litigation. The court unequivocally ruled in our favor. We plan to seek substantial compensatory and punitive damages and expect further clarity regarding the extent of such damages in the coming weeks."
https://www.otcmarkets.com/stock/VISM/news/story?e&id=1798635
Brilliant to release the S-1 midday so it can be digested during today's session.
Green day and Monday should be even greener.
ouch, that part does make you kick yourself.
I was already in the Merscedes Dealership already shopping for another AMG again. then it crashed from 1.50's to .64 LOL
lol
Yep, yet .0108 last August to .76 as I type.
I've held for over 3 years while your upset over 3 weeks. I am happy for your gains and if I were the same type of trader would probably be in total agreement with your assessments.
But, like several here, we see a different horizon. Most of us are up now multiple 6 digits. We are pretty happy with our "stagnant" investment lol.
lol, again investing in DSGT since June 2017. Roller coasters do not affect me.
Totally different philosphy and swing or day trading.
The 200M is for a much longer period than 3 months imo. Receiving money for shares is the kind of dilution every company strives for. Dilution will always be there, for all companies that achieve success.
I agree, Q1 will be the 1st time we see significant revenues from Imperium. I have said all along it will be then before the real movement will begin.
The 14 month cup is forming it's handle, 8-12 more weeks will portend a powerful breakout.
Nice!
I have been buying and holding since June 2017. Yes 2017.
Clearly a long term investment for me.
Cheers to your profits and I assume a mammoth position of free shares now.
I don't see where they are selling. In essence they are buying them in return for providing funding capital to DSG.
edit: it looks like DSG is receiving up to $6.91m from the deal
Preliminary until signed.
However just a quick scan it seems the $3m in funding yields GHS up to 10m shares. 3m in upfront warrants and 7m for the preferred shares (which can be bought back)
The Selling Stockholder identified in this prospectus may offer and sell up to 10,000,000 shares of common stock, which will consist of up to 3,000,000 shares of common stock issuable upon exercise of outstanding warrants to purchase shares of common stock (the “Warrants”) and up to 7,000,000 shares of common stock upon conversion of certain shares of Series F Preferred Stock of the Company (the “Preferred Stock”), in each case as issued by us to GHS Investments LLC (“GHS” or the “Selling Stockholder”) pursuant to a Securities Purchase Agreement (the “Securities Purchase Agreement”) dated December 23, 2020.
good post, stickied.
Quite possible. Retail traders have spent the bulk of this week creating the short squeeze that has been all the news this week. Soon, perhaps even today, buying will return here and others.
I am going to predict that DSGT's share price begins lower and ends higher
Yes it will take us to Nasdaq. Might want to do some DD closer in than 2 years ago.
we all know what a increase to 350 million will do
Probably why there has been no significant news released this week.
2021 PGA Merchandise Show Jan 26-29
https://www.pgashow.com/content/dam/sitebuilder/rna/pga-show/docs/PGAVE21_Exhibitor-List.pdf
Typically held at the Orlando Convention Center, the 68th edition of the PGA Show will shift to an all-virtual format.
thanks for cross-checking the filings.
I would think CSO would want to close this quickly. They own some of the responsibility in that it took them 14 months to discover the deficiency.
Egg on their face and it certainly didn't provide proper oversight for BC traders.
This one should work.
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00037215
Well, should that happen i will look to double down.
Thanks, I do see several filings today as well.
lol, hopefully it won't take CSA as long to lift the CTO as it did for them to realize they didn't have the filings.
Unless there are additional filings today, I would expect CTO to be lifted tomorrow or Friday. There is nothing to do but checking off they are filed.
Or perhaps automatic cross filing has changed. I notice an 8k from last summer was filed. Was it automatic and now is not? Blame mgmt all you want, but why did it take 14 months for CSA to discover the filing deficiency. Was everyone asleep at the wheel or did something change with cross filing.
Someone just dropped a 10-12 million profit taking trade.
Thanks for playing, now back to increasing sp.
.025 as it opened
Nice thanks for the find.
This part is huge:
...this week the first factory production began of batteries capable of giving a 200-mile charge in five minutes.
lol, good call
poof
new hod
The retail fool on etrf who keeps dropping 3, 5, 10m shares is the biggest hurdle. Must have been here awhile and wants theirs now lol
LOL, it would be helpful if rookie retail traders knew how to sell their position without putting walls up.
Multi-million share orders create walls. Besides you are selling waaay to soon.
It is always easy to be incorrect.
Good daytraders made book yesterday and this week while some were calling for .5, .63, .8.
This is just way too easy. Lol.
Canada cease trade order
https://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=A5F77A417AFF49E5BFAA304301E7759E
They just need to comply with Canada filing requirements regarding EV. Should just be a formality since what is being requested already exists with the SEC.
Cannot trade in Canada, no impact to trading in the US.
No and I am not looking for any pr this week. With the MLK holiday & Inauguration figure any news/updates will come starting next week.
Nice to see big green days though even w/o news.
Did you notice the TM following the tagline, The Future is Electric and the new DSG Logo.
Zap used to have the trademark rights and then some company in Toronto. Looks like DSG may have it now.
https://dsgtglobal.com/
95 yes, how about a dollah!
92 do i hear 95?