Saturday, February 03, 2018 10:41:05 PM
According to the filings there were approximately 67mil shares that were being diluted. If you look at the volume the past 2+ weeks, I am confident most, if not all, of that has been absolved and the remaining dilution is from the S1 which IMO, the company is using to fill orders taken from the PGA Show last week and the Golf Show this week in San Antonio as well as expenses for those shows.
The CEO has stated that he did not like, and does not like to use convertible notes to fund the company, but at the time was let no choice, and is why he opted to issue the S1 as opposed to issuing any more notes.
Last year at the 2017 PGA Show, Bob and the DSGT team brought in just over 1 million dollars in sales. They predicted they would "more than double" 1 million this year. They are at the Golf Show in San Antonio starting Sunday I believe and we are all anticipating news of sales from both of these shows in the next week or so. With a float of only 208mil shares and a PPS of only .0025, people who don't watch golf, don't play golf and don't care about golf will jump on this one quickly just because of the extremely low float.
BUT!! Smart money who view $DSGT as a real investment and not a quick flip have already been loading. And smart investors hold long term. So, how many shares do you think are actually available??
I'll tell you this, it's far less than 208mil.
Shareholders of Record 75 a/o Jan 31, 2018
At this level it is very easily conceivable that each one of those 75 people hold at least 1 million shares each. With some possibly holding even more. You do the math...
BOOM!!!
Recent DSGT News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 10:20:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/29/2023 05:56:39 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 08:44:41 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/13/2023 05:46:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/13/2023 05:20:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/13/2023 05:16:13 PM
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