DSG Global Inc (DSGT)

[jmoney360]

CEO already stated in past news

Given our recent progress, we have taken this opportunity to consolidate our convertible debt with a single lender, which we believe will help streamline our balance sheet and provide us much greater financial flexibility to support our growth initiatives, inventory requirements, placing our RAPTOR in courses around the world on a revenue share program, and continuing to engineer first class technology for our new product lineup. At the same time, we increased our authorized shares to 150 million. While we are very cognizant of dilution, we felt this increase in our authorized shares was necessary as we have been exploring potential acquisitions and other initiatives that we believe will help accelerate our growth.