Imperium Motor Company (IMC) in Quebec City EV Auto Show this Weekend & Secures 7000+ Square Feet for Prestigious Los Angeles Auto Show
DSG Global, Inc. (OTCQB: DSGT) announced its participation at the LA Auto Show from November 17-28, 2021, showcasing its electric vehicles, including buses and vans, at a prime location. The company reported approximately $10 million in potential retail sales from deposits made during the Montreal EV show. CEO Rick Curtis emphasized their commitment to leading in the electric vehicle market. DSG Global is transitioning from its golf fleet management roots to focus on electric vehicles through its subsidiary, Imperium Motor Corp.
- Approximately $10 million in potential retail sales from recent deposits.
- Strategic display location at the LA Auto Show, expected to attract over one million attendees.
- Commitment to leading the electric vehicle market with innovative technology.
- No specific financial metrics regarding production or sales targets were disclosed.
- Potential risks related to the company's limited operational history and ongoing financing requirements.
Strategically located at one of two major consumer entrances to showcase the Company’s state of the art electric bus and vans
SURREY, British Columbia, Oct. 01, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce that the company and subsidiary Imperium Motors will be on display in front of the West Hall where major manufacturers such as Ford, Subaru, Kia, Hyundai, Chevrolet, Lexus, Infinity, and many more from November 17th through November 28/2021.
Deposits for the SEV from the recent Montreal show reaching approximately
“As the world embraces the Electric Vehicle market, we are prepared to be in the forefront with our innovative technology and EV line up of vehicles. We are excited to highlight our electric bus, vans, cars, trucks, and E-bikes with anticipation this trend to continue as we showcase our Electric Vehicles around North America” stated Rick Curtis, CEO, Imperium Motor Corp.
About DSG Global
DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the Company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary.
About Imperium Motor Corp.
Imperium Motor Corp. (IMC) is an EV sales, manufacturer and marketing company that offers a wide variety of affordable vehicles equipped for the North American market, with emphasis on great design, a green mindset, performance, and functionality. Vehicles will include high-speed, mid-speed and low-speed electric vehicles including cars, trucks, SUVs, vans, buses, and scooters. For additional information about Imperium Motors’ product lines, please visit www.imperiummotorcompany.com.
About Vantage Tag Systems
Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS' unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety and enhance customer satisfaction. VTS has grown to become a leader in the category of fleet management in the golf industry, with their technology installed in vehicles worldwide. VTS is now branching into several new streams of revenue through programmatic advertising, licensing, and distribution, as well as expanding into commercial fleet management, PACER single rider golf carts and agricultural applications. Additional information is available at http://vantage-tag.com/.
Company Contact:
Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated," "proposed," "expects," "intends," "may," "will" and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.
Forward-looking statements or information are based on a number of factors and assumptions, which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: successful completion of due diligence, satisfaction of conditions, and completion of the proposed transaction with MTG, INC. negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; delays in the Company's expansion plans; regulatory changes; and the impact of and risks associated with the ongoing COVID-19 pandemic, including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2020 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
FAQ
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