DSG Global Inc (DSGT)

[dolby]

Just received this .....Hi – as reported, the board did authorize a reverse of 4,000:1, with the goal of listing on a national exchange. This reverse split would apply to both the authorized and outstanding. We will be providing further updates shortly regarding any changes to the authorized shares, but I would note that any increase would be intended to support our uplisting and provide us the flexibility in the future to execute on our growth plans, similar to other growth companies listed on a national exchange. We are very cognizant of equity dilution to shareholders, especially with 134% year-over-year growth in sales and having achieved an operating profit. Therefore our goal is to create a cap structure that provides us flexibility but also enables us to maximize value for shareholders.


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Sent: Thursday, March 21, 2019 12:54 PM
To: dsgt <[e-mail]>
Subject: Fwd: What happened to the R/S YESTERDAY .DSGT