DSG Global Inc (OTCMKTS: DSGT) is up big after the EV maker reported electric vehicle pre-orders of $5.7 Million. The electric vehicles will be distributed to multiple locations in North and South America. The orders, for 1,155 vehicles, are for vehicles types already approved for sale including the Urbee Sport, Urbee Mid-Speed Van, E-Bikes and Scooters. DSG intends to fulfill these orders during Q1 2021. The company is also completing the steps in order to distribute High Speed SUV’s, Trucks and Buses throughout North America. The company will begin taking orders later this year for those vehicles as well. This comes after last weeks news the Company has received its first of many shipments of electric vehicles from Jonway and are in preparation to be showcased at the Imperium® EV Experience Center. The Company will also be showcasing its first electric motorbike the Rove at the Imperium® EV Experience Center. The first initial order from Jonway includes the exclusive Urbee 4 door, Urbee 4 door with the Police Package, and other models, along with the Raptor and Pacer golf car. The Company anticipates additional shipments of electric vehicles to be delivered before the end of Q4.
DSIGT is among the most exciting stories in small caps that has seen a spectacular rise in recent months off its $0.01 base to recent highs over $.30 per share. Microcapdaily first reported on DSGT at $0.04. DSGT is an emerging mover and shaker in the red hot EV sector who recently predicted DSG Global’s New Single Rider Golf Car Orders and Upcoming Installations Should Have Revenue Impact of Over $15M annually. Management has been working hard behind the scenes clearing out the convertible debt and uplisting to OTCQB. DSGT will host a conference call for investors on Monday, November 16, 2020 at 4:15 ET. The call will last approximately 45 minutes.
DSG Global Inc (OTCMKTS: DSGT) based in Surrey, British Colombia operates throug its subsidiary Vantage Tag Systems, a global leader in the design, manufacture, and marketing of fleet management solutions for the golf industry, as well as commercial, government and military applications. The company has developed the TAG suite of products that represents a major breakthrough as the first completely modular fleet management solution for the golf industry. Vantage Tag Systems suite of products is currently sold and installed around the world in golf facilities and commercial applications through a network of established distributors and partnerships with some of the most notable brands in fleet and equipment manufacture. The Company owns a number of patents related to its technology and products. For a full list of DSG products go here.
DSG Global is expanding the PACER single rider golf cart program. Recent developments now allow the company to enter the worldwide market with the PACER through its sales and distributor program. Vantage Tag now has an agreement for worldwide distribution for the new in demand Pacer.
DSGT operates in the booming “EV” market. According to a report published in June by ResearchAndMarkets.com titled the “Electric Cars Global Market Report 2020-30: COVID-19 Growth and Change””The global electric cars market is expected to decline from $533.4 billion in 2019 to 515.8 billion in 2020 at a compound annual growth rate (CAGR) of -3.31%.
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DSGT has been putting out big news in recent weeks; the Company recently reported on installs in Australia, New Zealand, and California. The Company has reached record installs in the 2020 fourth quarter, generating a multi-million-dollar pipeline. The Vantage Tag Systems has become the product of choice while clubs are demanding rugged, reliable, low cost course management systems with installations in championship courses in California, Virginia, Florida, and Arizona to only mention a few. DSG also just completed installing three (3) courses in Spain and Tachayo Japan, along with recent installs in Australia, New Zealand.
Due to the high demand, DSG is increasing the Company’s operations and engineering departments to accommodate further installations and sales. The interest in the new single rider Pacer is exceptional and within a week’s time, Vantage Tag will be introducing the new Pacer single rider golf cart program.
Patrick Parenti, Vice President National Sales, for DSG Global stated: “The demand for our golf products has been truly unbelievable. We fully believe we are on pace for an all-time record in 2021, which includes reoccurring revenue. We expect further revenue streams from additional courses as the demand for Vantage Tag Systems infinity system and Pacer single rider golf cars continues to ramp worldwide.”
— usmc_vet3533 (@A77406848) November 9, 2020
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Currently moving northbound in a hurry DSGT is fully reporting OTCQB having recently up-listed from a lower exchange. DSG Global is a really exciting story developing in small caps; DSGT is an emerging mover and shaker in the red hot EV sector who recently predicted DSG Global’s New Single Rider Golf Car Orders and Upcoming Installations Should Have Revenue Impact of Over $15M Annualy. Managment has been working hard behind the scenes clearing out the convertiable debt. the Company recently reported on installs in Australia, New Zealand, and California. The Company has reached record installs in the 2020 fourth quarter, generating a multi-million-dollar pipeline. The Vantage Tag Systems has become the product of choice while clubs are demanding rugged, reliable, low cost course management systems with installations in championship courses in California, Virginia, Florida, and Arizona to only mention a few. DSGT also just completed installing three (3) courses in Spain and Tachayo Japan, along with recent installs in Australia, New Zealand. DSGT has a remarkably low float; according to OTCMarkets Group there are just 29,879,296 shares outstanding in DSGT and many of these are restricted. While DSGT is little known the EV space is so hot many in the sector trade for billions and still don’t have a finished product. Microcapdaily first reported on DSGT in April when the stock was at $0.04. We will be updating on DSGT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with DSGT.
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Disclosure: we hold no position in DSGT either long or short and we have not been compensated for this article.