DSG Global Inc (DSGT)

[PENNYS ToMILLIONS]

The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders and note holders, the ability of the Company to obtain necessary equity financing to continue operations, and ultimately the attainment of profitable operations. As at June 30, 2020, the Company has a working capital deficit of $11,180,837 and has an accumulated deficit of $51,257,795 since inception. Furthermore, the Company incurred a net loss of $6,124,854 and used $439,361 of cash flows for operating activities during the six months ended June 30, 2020. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern