DSG Global Inc (DSGT)

[xZx]

may as well rip the band-aid off now, on a friday night. are they planning to convert much of the mezzanine equity ($4.3M) into commons? if so, that's a lot of new stock.

https://www.sec.gov/Archives/edgar/data/1413909/000149315218007620/form10q.htm

In connection with the company debt remediation and restructuring plan, we have been working for several months with OTCWORKOUTS, LLC. The company is converting the major shareholders non-controlling preferred shares of $5.3m into variation of new share designations. Also the company is projecting $2.3m in note holders and $2.0m in accrued interest to be converted to common shares therefore substantially improving the company’s balance sheet and providing room to secure longer term, more traditional funding.

https://globenewswire.com/news-release/2018/06/08/1519237/0/en/DSG-Global-Inc-Releases-Shareholder-Update.html