Laster
2 months ago
POS scammer Bob is finally done.
Everyone has left this bogus company.
Good riddance.
Effective February 7, 2024, James Singerling, Michael Leemhuis, Carol Cookerly, and Stephen Johnston resigned as directors of DSG Global Inc. (the βCompanyβ). Messrs. Leemhuis, Singerling, and Johnston were members of the Companyβs Audit Committee, and all of the resigning directors were members of the Companyβs Governance and Nominating Committee and Compensation Committee. None of the resignations resulted from any dispute among the resigning directors and the Company regarding its policies, practices, or otherwise. Robert (Bob) Silzer remains the sole director and Chief Executive Officer of the Company.
Concurrently with their resignations, each Mr. Singerling, Mr. Leemhuis, Ms. Cookerly, and Mr. Johnston, have been appointed to the newly created Board of Advisors of the Company, where they will continue to advise the Company in a non-director capacity.
Gitzstv
3 months ago
WARNING WARNING; INVESTOR ALERT..
LOL LOL THE 10Q LOOKS WORSE THAN EVER.
Note 2 β GOING CONCERN
These unaudited interim condensed consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders and note holders, the ability of the Company to obtain necessary equity financing to continue operations, and ultimately the attainment of profitable operations.
As of June 30, 2023, the Company had working capital deficit of $9,111,139 and had an accumulated deficit of $68,089,731 since inception. Furthermore, the Company incurred a net loss of $2,847,645 and used $835,245 of cash flows for operating activities during the six months ended June 30, 2023. These factors raise substantial doubt regarding the Companyβs ability to continue as a going concern. These unaudited interim condensed consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going
I WARNED THEM THE 2.4 MILLION DOLLAR
TOXIC LOAN IS DEFAULTED AND NOW DUMPING OVER 100 MILLION SHARES TO PAY FOR IT
IT'S ALL IN THE LATEST 10Q MY FRIENDS
BEST DO SOME DD BEFORE BUYING A WORTHLESS SCAM
NO WONDER THE PENNY SCAM CEO BOB INCREASED HIS AUTHORIZED SHARES TO 1 BILLION
THAT'S RIGHT ANOTHER UPDATE FOUND IN THE 10Q
HE KNOWS HOW MANY SHARES HE NEEDS TO DUMP TO GET FREE MONEY TO PAY SOME BILLS
Gitzstv
6 months ago
WARNING WARNING; INVESTOR ALERT..
LOL LOL THE 10Q LOOKS WORSE THAN EVER.
Note 2 β GOING CONCERN
These unaudited interim condensed consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders and note holders, the ability of the Company to obtain necessary equity financing to continue operations, and ultimately the attainment of profitable operations.
As of June 30, 2023, the Company had working capital deficit of $9,111,139 and had an accumulated deficit of $68,089,731 since inception. Furthermore, the Company incurred a net loss of $2,847,645 and used $835,245 of cash flows for operating activities during the six months ended June 30, 2023. These factors raise substantial doubt regarding the Companyβs ability to continue as a going concern. These unaudited interim condensed consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. These adjustments could be material.
Gitzstv
6 months ago
JUST THIS ONE CONVERTIBLE NOTE COULD
BANKRUPT THIS TRASH OR DILUTE IT TO .0001
e) On September 13, 2021, the Company entered into a securities purchase agreement with a non-related party. Pursuant to the agreement, the Company received cash proceeds of $2,000,000 on September 13, 2021 in exchange for the issuance of an unsecured convertible promissory note in the principal amount of $2,400,000, which was inclusive of a $400,000 original issue discount and bears interest at 9% per annum to the holder and matures June 20, 2022. If the convertible note is not paid in full before December 12, 2021, an additional $100,000 of guaranteed interest will be added to the note. An additional $100,000 of guaranteed interest will be added to the note on the 12th day of each succeeding month during which any portion of the convertible note remains unpaid. Any principal or interest on the convertible note that was not paid when due or during any period of default bears interest at 24% per annum.
In the event of a default, the note is convertible at the price that is equal to a 40% discount to the lowest trading price of the Companyβs common shares during the 30 day trading period prior to the conversion date.
During the three and six months ended June 30, 2023, the Company recorded $445,600 and $889,600 in interest expense including $300,000 and $600,000 of additional interest, respectively. As at June 30, 2023, the carrying value of the convertible promissory note was $2,400,000 (December 31, 2022 - $2,400,000).
As the note is now in default, it has become convertible. See Note 10.
Gitzstv
6 months ago
WARNING WARNING DSGT SCAM NOW 1 BILLION
AUTHORIZED SHARES; 1,000,000,000 08/09/2023
Outstanding Shares
157,257,212
08/09/2023
Restricted
6,730,659
08/09/2023
Unrestricted
150,526,553
08/09/2023
Held at DTC
150,325,360
08/09/2023
https://www.otcmarkets.com/stock/DSGT/security
EXPERIENCE CENTER PERMANENTLY CLOSED
LOOK ON GOOGLE MAPS MY FRIEND
HAHAHAHAHA
REMEMBER ALL THOSE SCAM LIES ABOUT EVS AND TRUCKS FOE SALE?
REMEMBER ALL THOSE PROMOTION VIDS AND LIVE STREAM OF THE OPENING?
HAHAHAHAHA THEY SOLD 150000000 SHARES ON LIES AND ALL THE INVESTORS LOST 99%