Disclosure: we hold no position in CVSI either long or short and we have not been compensated for this article.
stocks
What Happened to Creative Edge Nutrition Inc (OTCMKTS:FITX)
Published
8 years agoon
By
Boe Rimes
Creative Edge Nutrition Inc (OTCMKTS:FITX) is one penny stock that knows how to market itself and was highly successful last year in attracting legions of shareholders who bided this one higher.
On May 6 FITX provided its shareholders with an update on their GIDDY UP brand energy drinks. James L. Robinson said “We have made significant progress towards the launch of this breakthrough energy drink to the market,” Formulations have been completed for all six product flavors in both sugar and sugar free. The Company has developed the formulations for the twelve products and ordered the Fruit flavoring for our first production run of approximately 200,000 cans to meet early market demand for GIDDY UP. In parallel, we are currently working on our 24 pack master case & four pack packaging design six color process. Our supply chain partners have all been selected to meet what is expected to be a massive market demand following initial product launch. We will continue to keep you informed of the progress and formal product availability dates. Thank you for your positive emails and interest in our energy products.
Creative Edge Nutrition Inc (OTCMKTS:FITX) is the umbrella holding company based in Madison Heights, Michigan. The Company is headed up by new CEO James Robinson who have a vision to launch an industry leading energy drink line and to accelerate revenue, achieve profitability and shareholders’ value. Under the FITX umbrella, there are 2 primary business subsidiaries:
CEN-BIOTECH as previously described ”This subsidiary is involved in production and distribution of medical marijuana, and is based in Lakeshore, Ontario, just outside Windsor in Canada. FITX is one of the very few true “MMJ” stocks which will actually produce the marijuana, as opposed to most other that are involved with other derivative aspects of the marijuana such as CBD extracts, CBD research, edibles, smoking or growing devices, etc.”
CENERGY NUTRITION as previously described ”This subsidiary is our personalized sports supplement nutritional line. Cenergy products are sold on the biggest online supplement stores including Amazon, Bodybuilding.com, GNC, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts.
FITX has long been locked in a battle with HC to get their subsidiary CEN Biotech licensed so they can build out their planned ”58,000 sq. ft. building in Lakeshore, Ontario, Canada to grow pot and make the property the largest, most advanced medical marijuana grow facility on earth.”
Health Canada rejected the CEN Biotech application which put an end to that dream. The Company launched a Judicial Review and Writ of Mandamus in order to compel Health Canada to issue them a growing license but these are desperate measures that rarely succeed.
We have the Inside Scoop on FITX, to find out what it is Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
Recently FITX said ”CEN Biotech Inc. has given notice of its intent to spin-off CEN Biotech Inc. from Creative Edge Nutrition, Inc. It has hired a PCAOB auditor and is far into its audit. CEN Biotech intends to be a fully audited and fully reporting company.
CEN Biotech is planned to be spun-off from Creative Edge and subsequent plans to be a new publicly-traded company.
FITX gained major attention last year when they announced their intention to build out a ”58,000 sq. ft. building in Lakeshore, Ontario, Canada to grow pot and make the property the largest, most advanced medical marijuana grow facility on earth.”
The stock went wild transforming to one of the top most traded stocks on the entire bb. At its height FITX was like a cult with shareholders selling t-shirts that said “FITX-Long” or “I-Billieve” (as in president and CEO of FITX, Bahige “Bill” Chaaban). FITX still boasts 12,500 followers on Facebook, 1,500 followers on Investors hub and 4,700 followers on Seeking Alpha the last time I checked.
We have a Monster Pick Coming. Subscribe Right Now!
Currently trading at a $19 million market valuation FITX has $18 million in debt on the books that is going to be the primary issue with this stock going forward) and has minimal assets or revenues to date. The stock has managed to capture the imagination of small cap Investors like no other bb as the Company’s future hangs in the process as CEN Biotech’s bid to get licensed by Health Canada sits in Federal Court for Judicial Review. We will be updating on FITX on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with FITX.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
Disclosure: we hold no position in FITX either long or short and we have not been compensated for this article.
You may like
-
Upcoming Products Launch Sparks Creative Edge Nutrition Inc (OTCMKTS:FITX)
-
Inside Scoop on Creative Edge Nutrition Inc (OTCMKTS:FITX)
-
Creative Edge Nutrition Inc (OTCMKTS:FITX) Heats Up
-
What Do You Know About Creative Edge Nutrition Inc (OTCMKTS:FITX)
-
Creative Edge Nutrition Inc (OTCMKTS:FITX) Falls Some More
-
Creative Edge Nutrition Inc (OTCMKTS:FITX) The Dream is Alive
8 Comments
Leave a Reply
Cancel reply
Leave a Reply
stocks
Frontera Group Inc (OTCMKTS: FRTG) Breakout as Co Commences Commercial Sales of Immersient Following IntelliMedia Networks IP Acquisition
Published
6 months agoon
August 26, 2022By
Boe Rimes
Frontera Group Inc (OTCMKTS: FRTG) is making an explosive move northbound in recent trading and is currently under heavy accumulation but still unnoticed by most investors. This is changing quickly as some heavy hitters have jumped on FRTG. The Company is only trading for a $2.7 total valuation with a float of just 3,280,000 FRTG is an SEC filer looking to uplist to OTCQB with a 10k coming out any day. From current levels FRTG has a lot of room to grow. Recently Frontera signed a marketing agreement with Long Side Ventures LLC, following an earlier marketing agreement with Stephen Steen on April 27, 2022.
Earlier this year FRTG acquired intellectual property rights from Intellimiedia Networks, Inc., for $5 million in cash and 20 million shares of FRTG. According to the 8k FRTG plans to raise $12 million by year end 2023. Essentially, Intellimedia turned over its assets and Intellectual Properties to Frontera, as Frontera has the platform in place to maximize the value of the purchased IP. Intellimedia Networks is a US and India-based technology company that designs and deploys cloud platforms and applications that create immersive experiences. Intellimedia’s award-winning products utilize AR, VR, and AI to enhance media, training, education, virtual event broadcasting, real estate, and other applications. Frontera brought on business execs Teodros Gessesse and Darshan Sedani.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
Frontera Group Inc (OTCMKTS: FRTG) is a strategic acquirer of intellectual property and revenue-generating companies in the technology and human capital markets. It is developing and executing an aggressive, four-tier acquisition and implementation strategy intended to provide substantial increases in profitability to its acquisitions in industries which possess traditionally low and stagnant EBITDA multiples. The Company has identified and is currently pursuing several revenue-generating acquisition targets.
Earlier this year FRTG acquired intellectual property rights from Intellimiedia Networks, Inc., for $5 million in cash and 20 million shares of FRTG. According to the 8k FRTG plans to raise $12 million by year end 2023. Essentially, Intellimedia turned over its assets and Intellectual Properties to Frontera, as Frontera has the platform in place to maximize the value of the purchased IP. Intellimedia Networks is a US and India-based technology company that designs and deploys cloud platforms and applications that create immersive experiences. Intellimedia’s award-winning products utilize AR, VR, and AI to enhance media, training, education, virtual event broadcasting, real estate, and other applications.
In connection with the acquisition Teodros Gessesse was appointed as the Chief Marketing Officer of the Company. Mr. Gessesse’s initial annual base salary will be $150,000. Mr. Gessesse will be eligible to receive a quarterly bonus as determined by, and within the sole discretion of, the BOD and was granted 23,500,000 shares of FRTG. Also, Darshan Sedani was appointed as the Chief Visionary Officer of the Company. Mr. Sedani’s initial annual base salary will be $150,000. Mr. Sedani will be eligible to receive a quarterly bonus as determined by, and within the sole discretion of, the BOD and was granted 31,500,000 shares of FRTG. The deal closed on August 17.
$FRTG Our primary objective: To deliver substantial increases in profitability to our acquisitions in mature industries which possess traditionally low and stagnant EBITDA multiples. pic.twitter.com/eTZ6MoHOmE
— FRTGtech (@FRTGtech) August 26, 2022
To Find out the inside Scoop on FRTG Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
In June FRTG released the 3.0 version of its Mixie Holoport immersive reality framework with Extended Reality (XR) support (“Mixie Holoport XR”). Mixie Holoport XR is a National Association of Broadcasters (NAB) Product of the Year award winner, setting the benchmark for immersive realism in Augmented Reality (AR), Mixed Reality (MR), and Virtual Reality (VR) applications. Frontera recently acquired the Mixie Holoport IP to enhance Metaverse business applications.
Frontera also launched its Mixie AI 2.0 powered live video broadcasting solution that will be targeting automated broadcasting applications. Frontera’s recent acquisition of Intellimedia’s Mixie suite of solutions has provided Frontera with a cutting-edge mix of media technology, learning and training platforms, and event broadcasting technologies that position the company at the technology forefront of a new wave of immersive and engaging technologies that continue to redefine applications. Intellimedia’s Mixie AI 2.0 solutions were utilized for Cricket AI Tata Open Tournament and the ISSF Shooting World Championship to simplify and automate the capture, analysis, discovery, and broadcast of both events. The resulting professional broadcast quality and dramatic cost reduction have become a wake-up call for both organizations to stage and broadcast future events.
Earlier this month FRTG reported it has commenced commercial sales and marketing efforts of Immersient, the intellectual property which was acquired from IntelliMedia Networks, Inc. and formerly sold under the Mixie brand name. Now sold and marketed under the Immersient brand, Frontera’s cloud media platform connects content producers, educational institutions, and event producers with participants and viewers, delivering immersive, personal experiences, interactive participation, existing device compatibility, familiar user conventions, and reliable, “always available” service. The Immersient cloud media platform allows its clients to focus on their core businesses, knowing their end users are enjoying state-of-the-art experiences. With its frictionless device and network independent approach to immersive virtual, augmented, and mixed reality environments, Immersient delivers next-generation group collaboration and communications, interactive distance learning and training, and virtualized events, meetings, expos, conferences, and trade shows.
$FRTG ⛱ pic.twitter.com/dHoX6B1NCG
— Mako Warren (@mako_warren) August 26, 2022
For More on FRTG Subscribe Right Now!
Currently trading at a $2,7 million market valuation FRTG has 55,563,482 shares outstanding and just 3,280,000 shares in the float. The Company has a clean balance sheet and recently filed a 10Q with a 10k on the way and looking to uplist to OTCQB. FRTG is an exciting story developing in small caps; earlier this year FRTG acquired intellectual property rights from Intellimiedia Networks, Inc., for $5 million in cash and 20 million shares of FRTG. According to the 8k FRTG plans to raise $12 million by year end 2023. Essentially, Intellimedia turned over its assets and Intellectual Properties to Frontera, as Frontera has the platform in place to maximize the value of the purchased IP. Earlier this month FRTG reported it has commenced commercial sales and marketing efforts of Immersient, the intellectual property which was acquired from IntelliMedia Networks, Inc. and formerly sold under the Mixie brand name. Now sold and marketed under the Immersient brand, Frontera’s cloud media platform connects content producers, educational institutions, and event producers with participants and viewers, delivering immersive, personal experiences, interactive participation, existing device compatibility, familiar user conventions, and reliable, “always available” service. The stock is currently under heavy accumulation, with big momentum, a little float and some well-known investors jumping on board. We will be updating on FRTG when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FRTG.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
Disclosure: we hold no position in FRTG either long or short and we have not been compensated for this article.
stocks
CV Sciences Inc (OTCMKTS: CVSI) Former Runner Behind PlusCBD™ Rising Northbound after Co Extinguished its Entire Outstanding Convertible Debt
Published
6 months agoon
August 25, 2022By
Boe Rimes
CV Sciences Inc (OTCMKTS: CVSI) is making an explosive move up the charts after the Company announced in a press release and 8K it has extinguished its entire outstanding convertible debt. This is massive news for CVSI which was the number #1 CBD brand on the market but struggled because of the Company’s significant convertible debt load which diluted the stock. That has all been extinguished now and CVSI is racing up the charts. CVSI was one of the biggest runners of 2018 skyrocketing from pennies to over $9 per share when PlusCBD™ sales were booming and the Nasdaq uplist seemed to be around the corner. That all collapsed however not because CVSI was not making sales, they were, but because the Company had significant convertible debt that was decimating the share price.
CVSI is racing up the charts just a penny over all-time lows of $0.0275 and it has a lot of room to grow from current levels. Remember CVSI was one of the biggest runners of 2018 skyrocke3ting to over $9 per share. CVSI is still doing big numbers; Second Quarter 2022 and Recent Financial and Operating Highlights include Revenue of $4.1 million for second quarter of 2022 putting the Company on track to easily top $16 million in sales during fiscal 2022. CVSI is an SEC filer and fully reporting OTCQB and reports its filings in 1000s just like big board Companies do. Now that CVSI has solved the biggest problem that held back its stock for years, currently trading a few pennies over sll time lows and sales as strong as ever speculators are heavily accumulating CVSI and for very good reason, this one ran to over $9 in 2018 and sales are strong with CVSI recently reporting Revenue of $4.1 million for second quarter of 2022.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
CV Sciences Inc (OTCMKTS: CVSI) is a consumer wellness company specializing in hemp extracts and other proven, science-backed, natural ingredients and products, which are sold through a range of sales channels from B2B to B2C. The Company’s PlusCBD™ branded products are sold at select retail locations throughout the U.S. and are one of the top-selling brands of hemp extracts in the natural products market, according to SPINS, the leading provider of syndicated data and insights for the natural, organic and specialty products industry. CV Sciences follows all guidelines for Good Manufacturing Practices (GMP) and the Company’s products are processed, produced, and tested throughout the manufacturing process to confirm strict compliance with company standards and specifications. With a commitment to science, PlusCBD™ product benefits in healthy people are supported by human clinical research data, in addition to three published clinical case studies available on PubMed.gov. PlusCBD™ was the first hemp extract supplement brand to invest in the scientific evidence necessary to receive self-affirmed Generally Recognized as Safe (GRAS) status. CV Sciences, Inc. has primary offices and facilities in San Diego, California. The Company also operates a drug development division focused on developing and commercializing CBD-based novel therapeutics.
CVSI is still doing big numbers; Second Quarter 2022 and Recent Financial and Operating Highlights include Revenue of $4.1 million for second quarter of 2022, compared to $5.1 million for the second quarter of 2021; Total cash balance of $1.1 million at quarter end, compared to $1.4 million at year end; During Q2 CVSI launched PlusCBD™ Relief softgels to its wellness line of products joining our successful PlusCBD™ Sleep and Calm gummies; the Company Regained position as top-selling hemp extract brand in the natural product retail sales channel, according to SPINS, the leading provider of syndicated data and insights for the natural, organic and specialty products industry; CVSI Continued to evaluate strategic review, including consideration of inbound and outbound merger, sale, acquisition or other options for the Company as a whole or for any business segments anc completed a move to more efficient and cost effective facility in San Diego.
https://twitter.com/TevelOTC/status/1562794614834139136
To Find out the inside Scoop on CVSI Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
On August 25 CVSI announced it has extinguished its entire outstanding convertible debt. This is massive news for CVSI which was the number #1 CBD brand on the market but struggled because of the Company’s significant convertible debt load which diluted the stock. That has all been extinguished now. CV Sciences entered into a Note Purchase Agreement with Streeterville Capital, LLC, in which the Company issued and sold to Streeterville a Secured Promissory Note in the original principal amount of $2,000,000. The Note carries an original issuance discount of $400,000 and the Company agreed to pay $10,000 to Streeterville to cover legal fees, each of which were deducted from the proceeds of the Note received by the Company which resulted in a purchase price received by the Company of $1,590,000. The unpaid amount of the Note, any interest, fees, charges and late fees accrued shall be due and payable in full nine months from August 19, 2022. The Note Agreement required that the Company cancel and terminate the existing Senior Convertible Note dated March 25, 2022 (the “3i Note”) between the Company and 3i, LP (“3i, LP”) in the original principal amount of $1,060,000.
CVSI CEO Joseph Dowling stated: “We have retired all of our outstanding convertible debt which strengthens our balance sheet and helps us with our long-term strategic initiatives. The termination of all convertible debt and related obligations to issue stock to our lender will eliminate the dilutive impact of this debt on our stockholders. In addition, the termination of our convertible debt will eliminate the downward pressure on our stock caused by sale of the shares issued at each conversion event. Our focus is to support our business goals that build shareholder value, and in this regard, we believe eliminating the negative impact of this financing is just as important as continuing to grow our PlusCBD™ branded products business.”
$CVSI CV Sciences, Inc. Extinguishes Convertible Debt pic.twitter.com/swsbW2gfj0
— TheBull© (@TheBull_Stocks) August 25, 2022
We have a Monster Pick Coming. Subscribe Right Now!
Currently trading at a $4 million market valuation CVSI was one of the most exciting stocks on the OTCBB making spectacular moves up in 2018 to over $9.20 per share before collapsing on the Citron Research short attack. Currently CVSI is making an explosive move up the charts after the Company announced in a press release and 8K it has extinguished its entire outstanding convertible debt. This is massive news for CVSI which was the number #1 CBD brand on the market but struggled because of the Company’s significant convertible debt load which diluted the stock. That has all been extinguished now and CVSI is racing up the charts. CVSI was one of the biggest runners of 2018 skyrocketing from pennies to over $9 per share when PlusCBD™ sales were booming and the Nasdaq uplist seemed to be around the corner. CVSI is racing up the charts just a penny over all-time lows of $0.0275 and it has a lot of room to grow from current levels. CVSI was one of the biggest runners of 2018 skyrocke3ting to over $9 per share. CVSI is still doing big numbers; Second Quarter 2022 and Recent Financial and Operating Highlights include Revenue of $4.1 million for second quarter of 2022 putting the Company on track to easily top $16 million in sales during fiscal 2022. CVSI is an SEC filer and fully reporting OTCQB and reports its filings in 1000s just like big board Companies do. Now that CVSI has solved the biggest problem that held back its stock for years, currently trading a few pennies over all-time lows and sales as strong as ever speculators are heavily accumulating CVSI and for very good reason, this one ran to over $9 in 2018 and sales are strong with CVSI recently reporting Revenue of $4.1 million for second quarter of 2022. Now that its convertible debt is out of the way CVSI could make another real move. We will be updating on CVSI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CVSI.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
stocks
DSG Global Inc (OTCMKTS: DSGT) Heating Up as EV Co Reports Record Revenues and Looks to Spin Off Imperium Motor Corp
Published
6 months agoon
August 25, 2022By
Boe Rimes
DSG Global Inc (OTCMKTS: DSGT) is making an explosive move up the charts in recent trading since moving northbound off its $0.05 base. The stock is under heavy accumulation and is quickly getting noticed by investors. DSGT has a long history of big moves running from well under a dime (where we first reported on it in November 2020 when the stock was $0.07) to highs of $1.51 in December 2020. Currently running northbound DSGT stated in their latest press release they hired ICON Capital Group to be the financial advisor and broker-dealer on a potential spinout of subsidiary Imperium Motor Corp. Potential structures can include an IPO, a merger with an existing NASDAQ company, or a SPAC merger. DSGT management is focused on finding the best way to position Imperium Motors in the EV space that will allow the Company to have the greatest impact in the booming EV space.
DSGT is doing big numbers; Revenue for Q2 totaled $1,174,878 compared to $494,838 for Q2 2021, an increase of $680,040 or 137%. The increase was a result of new installation of Infinity system and delivery of the first 5 containers of Vantage Pro fleet golf carts. As of June 30, the company had $2.75 million in signed orders, inclusive of recurring revenue, on the GPS tracking system. As inventory becomes available DSG expects to satisfy this backlog during the third quarter of 2022. Also as of June 30, the company had a strong pipeline of sales on the newly introduced Vantage golf cart line up including the 9 containers of Vantage Pro fleet carts with 5 delivered and the balance 4 containers arriving in 10 days. A further 2 containers of Shelby golf carts have been ordered with a further 4 containers in the system to be ordered. This pipeline exceeds more than $14 million. The company has received over 2200 refundable deposits for the SEV electric vehicle and continues a good working relationship with Skywell to complete the homologation process. “Our current placed refundable deposits on the SEV electric vehicle represents approximately $88 million in bookable revenue once product is delivered” said Robert Silzer, CEO of DSG Global.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
DSG Global Inc (OTCMKTS: DSGT) is a technology development company based in Surrey, British Columbia, Canada, engaged in the design, manufacture, and marketing of fleet management solutions for the golf industry, as well as commercial, government and military applications. In 2020, DSG established an electric vehicle marketing and distribution division, Imperium Motor Company, and in 2021 the Company formed a golf cart division, AC Golf Carts, Inc. with exclusive world-wide rights of Shelby Cobra golf carts. The principal activities of our fleet management and golf division are the development, sale and rental of GPS tracking devices and interfaces for golf vehicles, and related support services. More recently, DSG subsidiary Vantage Tag (Vantage) expanded from its original purpose of producing and marketing GPS systems, to leading DSG’s golf industry presence by supplying a comprehensive package of electric vehicles, fleet management systems, and back of house support services to the golf industry, and to commercial customers in the last mile delivery, tourism and resort, education, agriculture, and corporate markets. Meanwhile, DSG electric vehicle division is engaged in the importation, marketing and distribution of a range low-speed and high-speed electric passenger vehicles for commuter, family, commercial, and public use.
Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other venues 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, single rider golf carts, the new Lithium Vantage Golf Carts, and agricultural applications.
DSG was founded by a group of individuals who have dedicated their careers to fleet management technologies and have been at the forefront of the industry’s most innovative developments. The Company’s executive team has over 50 years of experience in the design and manufacture of wireless, GPS, and fleet tracking solutions, and over 40 years automotive retail, wholesale, distribution, and manufacturing.
https://twitter.com/Safetrading3/status/1562380145909956608
To Find out the inside Scoop on DSGT Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
On August 8 DSG reported Second Quarter 2022 Financial Highlights: Revenue for Q2 totaled $1,174,878 compared to $494,838 for Q2 2021, an increase of $680,040 or 137%. The increase was a result of new installation of Infinity system and delivery of the first 5 containers of Vantage Pro fleet golf carts.
As of June 30, the company had $2.75 million in signed orders, inclusive of recurring revenue, on the GPS tracking system. As inventory becomes available DSG expects to satisfy this backlog during the third quarter of 2022.
Also as of June 30, the company had a strong pipeline of sales on the newly introduced Vantage golf cart line up including the 9 containers of Vantage Pro fleet carts with 5 delivered and the balance 4 containers arriving in 10 days. A further 2 containers of Shelby golf carts have been ordered with a further 4 containers in the system to be ordered. This pipeline exceeds more than $14 million.
The company has received over 2200 refundable deposits for the SEV electric vehicle and continues a good working relationship with Skywell to complete the homologation process. “Our current placed refundable deposits on the SEV electric vehicle represents approximately $88 million in bookable revenue once product is delivered” said Robert Silzer, CEO of DSG Global.
On August 25 DSGT announced it has retained ICON Capital Group to be the financial advisor and broker-dealer on a potential spinout of the Company’s wholly owned subsidiary Imperium Motor Corp. Potential structures can include an IPO, a merger with an existing NASDAQ company, or a SPAC merger.
The expectation is that DSG will remain a minority shareholder in the new entity and in addition, the Company intends to dividend out to the current shareholders of record (on a TBD record date) a portion of the shares in the new entity and ongoing annual dividends. By doing so, the new entity will have a unique, deep shareholder base, unlike many new listings trading on national exchanges. Management of Imperium will stay in place and a recruiting initiative for a North American automotive executive to head the public entity is underway. The EV industry is poised for substantial and sustained growth. Electric vehicles will account for about half of auto sales in the world’s major markets by 2030 as sticker prices reach parity with gasoline-fueled cars, according to a survey of automotive executives.
Bob Silzer, CEO DSG Global Inc. stated: “We are pleased to secure Icon Capital Group as our financial advisors to facilitate the transaction and guide the company to the best path to unlock shareholder value. We believe our story has not been properly digested in the marketplace, undervalued, and realizing our EV business needs to be appropriately scaled as a stand-alone company therefore enjoying the publicity it deserves. Also, DSG’s Imperium Motor Company had substantial additional expenses incurred by DSG Global that will be off the books and capturing full repayment of all expenses. With the recent legislative tail wind for EVs because of the Inflation Reduction Act just passed in the US, we feel like this is the proper time to make a concerted effort to ensure value for our shareholders and allow DSG management to focus on our core GPS and Golf Cart business, both of which are experiencing tremendous growth. These favorable market conditions and our unique business model inside of Imperium is truly differentiating and will be well received as a stand-alone entity. As an exclusive distributor for North America for high quality EV’s requires considerably less capital than most EV companies in the public space, and financial resources can be dedicated to marketing and sales that drive immediate revenue. We intend to have vehicles through homologation and ready for delivery in the coming months.”
$DSGT – Whoa!……such a beast, making millionaires!! pic.twitter.com/cVUHjiQax5
— Mako Warren (@mako_warren) August 25, 2022
We have a Monster Pick Coming. Subscribe Right Now!
Currently trading at a $19 million market valuation DSGT OS is 141,865,636 shares with 114,089,611 shares in the float. DSGT is an SEC filer and fully reporting OTCQB with $1.5 million in the treasury and about $6 million in liabilities. Currently the stock is under heavy accumulation and is quickly getting noticed by investors. DSGT has a long history of big moves running from well under a dime (where we first reported on it in November 2020 when the stock was $0.07) to highs of $1.51 in December 2020. Currently running northbound DSGT stated in their latest press release they hired ICON Capital Group to be the financial advisor and broker-dealer on a potential spinout of subsidiary Imperium Motor Corp. Potential structures can include an IPO, a merger with an existing NASDAQ company, or a SPAC merger. DSGT management is focused on finding the best way to position Imperium Motors in the EV space that will allow the Company to have the greatest impact in the booming EV space. DSGT is doing big numbers; Revenue for Q2 totaled $1,174,878 compared to $494,838 for Q2 2021, an increase of $680,040 or 137%. The increase was a result of new installation of Infinity system and delivery of the first 5 containers of Vantage Pro fleet golf carts. As of June 30, the company had $2.75 million in signed orders, inclusive of recurring revenue, on the GPS tracking system. As inventory becomes available DSG expects to satisfy this backlog during the third quarter of 2022. Also as of June 30, the company had a strong pipeline of sales on the newly introduced Vantage golf cart line up including the 9 containers of Vantage Pro fleet carts with 5 delivered and the balance 4 containers arriving in 10 days. A further 2 containers of Shelby golf carts have been ordered with a further 4 containers in the system to be ordered. This pipeline exceeds more than $14 million. The company has received over 2200 refundable deposits for the SEV electric vehicle and continues a good working relationship with Skywell to complete the homologation process. “Our current placed refundable deposits on the SEV electric vehicle represents approximately $88 million in bookable revenue once product is delivered” said Robert Silzer, CEO of DSG Global. 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.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
Disclosure: we hold no position in DSGT either long or short and we have not been compensated for this article.
Street Watch

Digital Brand Media & Marketing Group, Inc. (OTCMKTS: DBMM) Running as Company Meets Requirements to Trade in US and Short Covering Rally Intensifies

Evofem Biosciences Inc (OTCMKTS: EVFM) Steady Rise Northbound as Co Uplists to OTCQB Venture & Phexxi Approved in Nigeria While Sales Pick Up Rapidly

VNUE Inc (OTCMKTS: VNUE) Big Move as Co Partners with Kokku to Bring VNUE Festival & Multi-Stage Experience on Roblox and to Uplist to National Exchange

Revlon, Inc. (OTCMKTS: REVRQ) Q Stock Hits the Pinks With a Bang

Hiru Corp. (OTCMKTS: HIRU) Now Shipping to Clients From its Newly Acquired Roseville, California Manufacturing Facility

Wanderport Corp. (OTCMKTS: WDRP) On the Move as Co Tweets They Have Acquisition Agreement Almost Ready to PR this Week
Trending
-
Uncategorized2 months ago
Meta Materials Inc (OTCMKTS: MMTLP) Enormous Short Position in Trouble as Next Bridge Hydrocarbons Set to Stop Trading (George Palikaras & John Brda on Corporate Action)
-
Micro Cap Insider1 year ago
Medium (KOK PLAY) The Parabolic Rise of Metal Arts (OTCMKTS: MTRT)
-
Media & Technology2 years ago
Healthier Choices Management Corp. (OTCMKTS: HCMC) Powerful Comeback Brewing as PMI Patent Infringement Lawsuit Moves Forward
-
Media & Technology2 years ago
AMECA Mining RM; the Rise of Southcorp Capital, Inc. (OTCMKTS: STHC)
-
Media & Technology2 years ago
SNPW (Sun Pacific Holding Corp) Power Brewing: 50MW solar farm project in Durango Mexico MOU with Atlas Medrecycler 48,000 SF New Partnership Queensland Australia Solar Farm.
-
BioPharma12 months ago
Asia Broadband (OTCMKTS: AABB) On the Move Northbound Since Sub $0.08 Dip as Crypto Innovator Elevates AABB Crypto Exchange & Enters the NFT Space
-
Uncategorized3 months ago
Meta Materials Inc (OTCMKTS: MMTLP) Short Squeeze S-1a4 Filing Signals S1 Approval Could Be Days Away (Next Bridge Hydrocarbons Spin-Off)
-
BioPharma1 year ago
Humbl Inc (OTCMKTS: HMBL) Major Reversal as Powerful Advisor Rejoins the Team & Looks to Uplist to Major Exchange
Jerry
May 31, 2015 at 7:37 pm
LOL, This article. The author doesn’t even know what exchange FITX is on much less substainable facts. Also as stated in this article – ” Health Canada rejected the CEN Biotech application which put an end to that dream. The Company launched a Judicial Review and Writ of Mandamus in order to compel Health Canada to issue them a growing license but these are desperate measures that rarely succeed.” .. well your “rarely ever succeed” comment may be true with most , but where’s the study ? When you have evidence stacked like CEN BIO does, well then your “desperate measures” comment doesnt apply, nor is it needed. Stick to facts and not opinions please.
Newbietitxf
May 31, 2015 at 10:12 pm
Another rag cherry picking events but not reporting the facts….Nothing has happened to CENBIO, they are in Judicial Review and evidence seen to date would lead one to believe on honest judicial review will side with a CENBIO and grant them the relief they have requested and deserve.
john p.
August 28, 2015 at 7:50 pm
Why do people care about a company that has so many scattered plans but not one single positive result or met any of their goals?
Alex Ryan
August 28, 2015 at 9:15 pm
They sold a dream and the people believed them.
Kris
August 30, 2015 at 2:01 am
Probably because if they get licensed, as they should be, it’s going to make many very wealthy shareholders, not to mention the amount of medicinal value it will hold for patients in need. Those who’ve done their research know that they’ve got a huge shot at getting the license, there was no lawful reason they should have been denied. It’s a waiting game
Alex Ryan
August 30, 2015 at 7:50 am
They never had any shot at getting licensed in Canada but that really doesn’t matter anymore. As I have said it’s the out of control debt they carry on the books that is going to dictate the future for this stock.
Fred paintner
November 10, 2015 at 1:31 pm
Piece of crap stock. They can’t even make up any new news. Really! This is the worst pipe dream I’ve ever seen
Jason Bauder
June 21, 2017 at 10:05 am
Pipe dream or . What real risk is someone talking by investing let’s say 25,000-100,000 shares in a past promising company? Really. I actually invested in something like this many years ago, investing in 50,000 shares of a penny stock and forgot about it for years. Next thing I knew, it was trading at $5/share. That stock called SIR siriusXm radio. Not a bad way to make $250,000!!! And if took off, I lost a few hundred bucks. Better odds than going to the !