DSG Global Inc (DSGT)

[RoamingBull]

First, understand companies receive money from notes upon creation of the note, not when it converts and is sold into the market. DSG did not receive money from dilution.

That aside, OS update on 8/14 showed 31m, 9/11 OS shows 61m. So yes OS has effectively doubled. And if that is the current OS then 2m is also the current float since it was updated as of 8/31.

I have mentioned several times that events of 2020 would probably lead to an increase in OS from the January guidance of 22m. My guess was 40-45m, perhaps it was more. However that would assume toxic note dilution?

We know SP does not increase during toxic dilution, much less .013 to .27. Perhaps there was some transaction of ownership taking place? Perhaps Jonway simply bought shares. Maybe DSG traded shares for procurement of EV's from Jonway. Perhaps a private placement? Several scenarios could explain the OS increase. Some of them would be considered a material event, in which a filing would be anticipated.

So, I do think a portion of the increase is due to 2020 events. I also believe some positive transaction has/is occurring. Again SP went from .013 to .27 during the 2 day total volume of 80m shares. That could not have been toxic dilution.

I will wait for future news/filings to fill in the gaps.