DSG Global Inc (DSGT)

[xZx]

DSGT looks like it's still being shorted. why? probably because there will be a RS with their restructuring.

that's jmho. but it's logical. the OS is now nearly 1B. to do an acquisition, or a series of them, they need to issue equity to the new partners.

sure, they could do it all with preferred shares, but today's PR said 3(a)(10) settlements would be included. if so, those note holders will need common stock issued.

i'm not saying a RS will happen, but it could.

don't be blind-sided if that's the case.

shorts will try to use it as a calamity, when in fact it's just the way things work. it's simple mathematics.

on the other side of all this, the company will be strong, with a much better balance sheet.

After months of planning and a careful review of our options, including review by our securities counsel, the Board of Directors approved a restructuring plan. This plan includes moving a large part of our liabilities into longer-term equity and remediates certain other debt by a variety of settlement vehicles. This will include the issuance of newly created series of Convertible Preferred Stock, SEC 3(a)(10) settlements, and cash payments. As a result of completing this restructuring, the companys goal is to secure quality capital to allow it to continue the development, manufacturing, sales and distribution of our products to the golf and agriculture industry. The restructuring advisory group has made DSG Global an introduction to a quality investment banking firm. The company expects to execute an agreement with this new investment banker later this month that provides access to long-term quality operational capital and acquisition funding so DSG has the ability to acquire companies that compliment and financially support our growth.