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DSG GLOBAL INC - DSGT STOCK NEWS

Welcome to our dedicated page for DSG GLOBAL news (Ticker: DSGT), a resource for investors and traders seeking the latest updates and insights on DSG GLOBAL stock.

DSG Global is an emerging global technology company with a diverse portfolio of businesses in rapidly growing market sectors. Specializing in fleet management in the golf industry, the company offers patented analytics, mobile touch screen engagement, and electric golf carts under the Vantage Tag Systems (VTS) brand. DSG Global is also introducing road-ready electric vehicles for sale in the first quarter of 2021, showcasing its commitment to innovation and sustainability.

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DSG Global (OTCQB: DSGT) announces the launch of its Vantage golf cart lineup at the 2022 PGA Show in Orlando, Florida, starting January 26. The new models feature advanced technology, including long-range Lithium batteries, auto-park braking systems, and Bluetooth telemetry, tailored for golf course operators. DSGT claims its offerings will disrupt the golf cart industry by providing integrated GPS fleet management, maintenance-free motors, and an industry-leading seven-year warranty. DSGT aims to challenge competitors by highlighting quality and cost-effectiveness.

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DSG Global, Inc. (OTCQB: DSGT) is highlighted in a recent review by automotive influencer Sandy Munro on his podcast, Munro Live. The podcast episode features the Imperium SEV, an electric vehicle from DSGT's Imperium subsidiary, receiving nearly 50k views within five days. Munro is a prominent figure in the electric vehicle sector, having hosted industry leaders such as Elon Musk. DSGT aims to provide road-ready electric vehicles and offers fleet management solutions through its Vantage Tag Systems brand, catering to the golf industry and beyond.

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DSG Global, Inc. (OTCQB: DSGT) has announced the launch of its innovative Shelby Golf Cart line at the PGA Show in Orlando, Florida, from January 24-28, 2022. This line draws inspiration from iconic Shelby automobiles and is designed to shake up the North American golf cart market. Models showcased include the Shelby Cobra and GT500 with advanced features such as a powerful electric motor, a large lithium battery, and modern technology like touchscreen infotainment systems. The company aims to target golf enthusiasts and retirement communities, emphasizing the potential for market growth in the golf cart industry.

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DSG Global, Inc. (OTCQB: DSGT) announces delays in Q4 production of SEVs due to supply chain issues, shifting focus to a new 2023 model with enhanced features in collaboration with Skywell. Bookings for 650 SEVs valued at approximately $27 million have been secured, with production projected to start in Q2. A limited 'First Edition' run of 888 vehicles will be available, along with the anticipated delivery of electric buses. The company aims to increase consumer appeal while maintaining MSRP amidst growing dealer interest.

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The partnership between DSG Global and Ignition Brandery aims to enhance the distribution of the Imperium brand of electric vehicles in the Caribbean. Ignition Brandery, with 20 years of experience in travel retail, plans to leverage its network to introduce electric vehicles to 25 Caribbean islands, each with 5-7 dealerships. This initiative responds to the growing demand for cost-effective, green transportation as gas-powered vehicles dominate. DSG Global anticipates significant revenue opportunities with its golf division and aims for record-breaking revenues in 2022.

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DSG Global (OTCQB: DSGT) and Imperium Motor Company have successfully concluded their participation in the LA Auto Show, showcasing a significant range of Electric Vehicles (EVs). Imperium's diverse EV display attracted considerable attention, highlighting their expanding partnerships across various industries.

Media coverage has surged, particularly from influencer Sandy Munro, who endorsed the showcased vehicles. CEO Rick Curtis emphasized the transformative impact of the event, stating expectations for increased vehicle production and sales in the coming weeks.

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DSG Global, Inc. (OTCQB: DSGT) announced the launch of its new range of officially licensed Shelby golf carts at the 2021 Los Angeles Auto Show, running from November 19-28. The Shelby models include GT-350®, GT-500®, and Cobra, boasting up to 96% more power than standard carts. Designed to disrupt the traditional golf cart market, these models incorporate advanced technology, such as a 9-inch touchscreen and selectable performance modes. DSG is also committed to electrification across various vehicle segments.

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DSG Global, Inc. (OTCQB: DSGT) reported a 49.1% increase in Q3 2021 sales, totaling $498,380, compared to $334,161 in Q3 2020. Gross profit rose by 63.9% to $271,928, with profit margins improving to 54.6%. The Company signed contracts worth nearly $10 million for golf products. However, net loss decreased by 38% to $1,948,678.

For the nine months ended September 30, 2021, sales surged 126.9% to $1,380,324, while net loss improved by 52.9% to $4,376,507.

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DSG Global (OTCQB: DSGT) announced the opening of a new dealership, Imperium de Quebec, by Luc Beaudoin, owner of the largest Nissan dealership in Canada. Located in Quebec City, the dealership will feature a 19,736 sq ft facility on a 5-acre site. Imperium de Quebec will offer multiple models of electric vehicles, starting with SEV and TradePro Cargo and Passenger Vans next quarter. The deal aims to enhance electric vehicle accessibility and align with government electrification targets. DSGT partners with established dealers to expand its network and improve customer service.

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DSG Global, Inc. (OTCQB: DSGT) announced a partnership with Groupe LeClair to offer Imperium Motors Vehicles at their new dealership, 'Imperium de Laval' in Laval, Quebec. The dealership will feature Comfort and Premium models of the SEV along with TradePro Cargo and Passenger Vans, available from Q1 2022. Groupe LeClair, recognized for exceptional customer service, aims to enhance EV adoption in Quebec. DSGT's focus remains on the rapidly growing EV market, reinforcing its commitment to sustainable transportation.

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FAQ

What is the market cap of DSG GLOBAL (DSGT)?

The market cap of DSG GLOBAL (DSGT) is approximately 157.0.

What does DSG Global specialize in?

DSG Global specializes in fleet management, providing innovative solutions for the golf industry.

What products does DSG Global offer under the Vantage Tag Systems brand?

Under the Vantage Tag Systems brand, DSG Global offers electric golf carts with patented analytics and mobile touch screen engagement.

When are DSG Global's road-ready electric vehicles expected to be available for sale?

DSG Global plans to introduce road-ready electric vehicles for sale in the first quarter of 2021, showcasing its commitment to sustainability and innovation.

What makes DSG Global a unique technology company?

DSG Global stands out as a technology company due to its diverse portfolio of businesses in rapidly growing market sectors, its focus on innovation in fleet management, and its commitment to introducing sustainable electric vehicles.

Who can be contacted for inquiries about DSG Global's golf car operations?

For inquiries about DSG Global's golf car operations, Kevin Boocock, VP of Golf Car Operations, can be reached at 1-239-851-5630 or via email at Kevin@vantage-tag.com.

How can I learn more about DSG Global and Vantage Tag Systems?

Additional information about DSG Global and Vantage Tag Systems is available on the company's website at http://vantage-tag.com/.

What is the Safe Harbor for Forward-Looking Statements related to DSG Global?

The Safe Harbor for Forward-Looking Statements provides cautionary notes regarding the company's future projections and expectations, emphasizing the uncertainty inherent in forward-looking statements.

Who is Patrick Parenti and how can he be contacted?

Patrick Parenti is the Sr. VP of Global Sales at DSG Global. He can be contacted at 1 (877) 589-8806 x2 or via email at sales@vantage-tag.com for sales-related inquiries.

Where can I find additional information about DSG Global and Vantage Tag Systems?

For additional information about DSG Global and Vantage Tag Systems, visit the company's website at http://vantage-tag.com/.

What sectors does DSG Global operate in?

DSG Global operates in some of the fastest growing market sectors, showcasing its versatility and adaptability to changing industry trends.

What sets DSG Global apart in the technology industry?

DSG Global's commitment to innovation, sustainability, and market diversification sets it apart in the technology industry, positioning the company for continued growth and success.

DSG GLOBAL INC

OTC:DSGT

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157
157.26M
0.96%
Scientific & Technical Instruments
Technology
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United States of America
Surrey