CANT WAIT TO SEE EARNINGS IN A COUPLE DAYS
Second half 2019 accomplishments include:
- Sequentially increasing Q3 2019 revenues 59% when compared to Q2 2019, a trend the company
anticipates continuing and accelerating.
- Installing 451 Infinity 12’HD and TAGS on golf course vehicles throughout the world. The company has
a large backlog of contracted courses and will be installing new products on a regular basis.
- Upgrading to the OTCQB.
- Finalizing a major strategic partnership with Zhejiang Jonway Group Co., Ltd. (“Jonway Group”), a
leading manufacturer of electric vehicles in China.
- Appointing Rick Curtis as president of the new Automotive Division. Mr. Curtis brings extensive
automotive experience to the company both domestically and internationally.
- Identifying more favorable sources of future funding.
2019 full year accomplishments include:
- Increasing Tangible Assets by 76.2%, Increasing Tangible Liabilities only 6.1%.
- Decreasing Cash Used in Operating Activities from $1,124,073 to $652,026, a 42.0% improvement.
- Decreasing operating losses from $772, 528 to $483,839, a 37.4% improvement.
- Paying off, consolidating or locking up the large majority of Convertible Debt.
For additional information about corporate filings, please visit www.sec.gov.
“The company has number of obvious competitive advantages both within and outside the golf industry.
The golf products are more functional and durable then their competitors and offer the ability to add
programmatic advertising. This will be an additional revenues stream as the program commences. We
already know the demand will be high as DSG is poised to be the leader in the market by providing high
quality vehicles with more standard features than the competition. We also look forward to capitalizing on
Jonway plants capacity of over 100,000 vehicles annually,” stated Bob Silzer CEO
