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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, Inc. (OTCQB: DSGT) has announced the appointment of Christian Dubois as president of Imperium Motor Corp. Canada. Dubois brings over 30 years of automotive industry experience, including roles at The Dilawri Group, BMW Canada, and Mercedes-Benz Canada. He has led operations and acquisitions, achieving substantial sales and revenues. Dubois aims to enhance electric mobility offerings at Imperium, focusing on affordable electric vehicles. His expertise is expected to drive rapid sales growth and establish Imperium as a top player in the electric vehicle market.

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DSG Global has appointed Christian Dubois as the president of Imperium Motors Canada. With over 30 years of experience in the automotive industry, Dubois has held executive positions at prestigious companies including BMW Canada and Mercedes-Benz Canada. He has been responsible for managing significant operations, achieving over $6 billion in total revenues from approximately 80,000 vehicles sold. Dubois expresses excitement about leading the company into the electric vehicle sector with affordable products, aiming to exceed sales expectations.

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DSG Global, Inc. (OTCQB: DSGT) announced the arrival of the Skywell 12 Meter Fully Electric City Bus and Terra Trucks in Port Hueneme, California. The Skywell bus is recognized for its quality and efficiency, with delivery times potentially as short as 90 days. Terra Trucks, which feature upgraded drivetrains and high-efficiency components, will undergo testing and homologation. CEO Rick Curtis emphasized the company’s commitment to electrification and the upcoming unveiling of the Terra-e Truck at the Los Angeles Auto Show in November.

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DSG Global, Inc. (OTCQB: DSGT) has announced the arrival of the Skywell 12 Meter Fully Electric City Bus and Terra Trucks at Port Hueneme, California. The Skywell bus is recognized for its efficiency and quality, with quick delivery options. Terra Trucks, including two- and four-wheel drive models, will undergo further development utilizing the American-made UQM/Danfoss Electric Motor. CEO Rick Curtis highlights this achievement as a commitment to electrifying North American transportation, with a product unveiling planned for the Los Angeles Auto Show in November.

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DSG Global, Inc. (OTCQB: DSGT) announced the grand opening of the Imperium Motors Experience Center in Fairfield, California, on June 18-19, 2021. The event will showcase new electric vehicles, including the Imperium ET5 SUV and several other models. Visitors can test drive vehicles, meet industry veterans, and participate in a drawing for an E-Rover. While some vehicles will be available for purchase, most will require orders. The company emphasizes its diverse electric vehicle lineup, aiming for affordability and functionality in the North American market.

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DSG Global, Inc. (OTCQB: DSGT) announces a Grand Opening for Imperium Motors on June 18-19, 2021, at its Experience Center in Fairfield, California. The event will showcase a new line of affordable Electric Vehicles (EVs), including cars, trucks, E-bikes, and scooters. Attendees can enjoy test drives and participate in giveaways. Rick Curtis, President of Imperium Motor Corp, expressed confidence in the diversity and quality of their vehicle offering. The event will be limited due to COVID-19 restrictions, with pre-registration encouraged.

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DSG Global, Inc. (DSGT) has secured contracts worth USD $987,900 to provide its Vantage Tag System (VTS) to 15 new golf courses, enhancing fleet management solutions. This order includes 1,040 units of the VTS Infinity and other systems, promising ongoing revenue through service agreements. With more than 70% of previous orders installed, the company anticipates further acceleration in orders with the upcoming launch of the Infinity 10-inch Display Screen. Additionally, DSGT has received over 150 new EV products for its Imperium Motors division.

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DSG Global, Inc. (OTCQB: DSGT) will attend major automobile and trade shows this fall and winter, showcasing their electric vehicles. Highlights include participation in the SEMA Show in Las Vegas from November 2-5, and the Los Angeles International Auto Show from November 19-28, featuring the Skywell ET5 SUV and electric buses. The company will also present new electric vehicles at the Consumer Electronics Show from January 5-8, 2022. President Rick Curtis anticipates increased exposure and media coverage from these events.

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DSG Global, Inc. (OTCQB: DSGT) reported a significant revenue growth of 158% for Q1 2021, totaling $387,106 compared to $150,212 in Q1 2020. The increase is attributed to the launch of the Infinity product. As of March 31, 2021, the company has contracts exceeding $1.1 million in sales, although only 70% of performance obligations were fulfilled. Gross profit rose by 110.8% to $256,414, while net loss decreased to $1,351,571. Additionally, total assets increased to $2.43 million and liabilities decreased to $2.05 million.

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DSG Global, Inc. (OTCQB: DSGT) is set for the Grand Opening of its Experience Center in Fairfield, CA, on June 18-19, where it will showcase 26 vehicle models and commence in-person orders. The company is also a finalist for a 100-bus order from Kiev, Ukraine, worth approximately $22 million. Expected to be awarded in June, this contract positions DSGT to expand its operations in the electric vehicle market. DSGT aims to enhance its leadership in the golf industry while targeting EV business growth.

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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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DSGT Stock Data

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