DSG Global Inc (DSGT)

[dolby]

"Given the traction we are gaining in the marketplace, we recently announced board approval for a reverse-split. We believe this, along with other steps underway to enhance our capital structure, will help us to attract greater institutional investor interest and helps sets the stage for a future listing on a national exchange. We believe these steps are both timely and necessary, as we have barely scratched the surface of the 40,000 golf operations worldwide, along with other fleet management opportunities. In order to meet the growing demand, we are aggressively ramping up our sales force. As a result, we are extremely encouraged by the near and long-term outlook for the business and look forward to providing further updates as we continue to execute on our growth strategy."