DSGT - InvestorNewsBreaks - DSG Global Inc. (DSGT) Issues Wholesale Importer Sales Update Towards Achieving Large-Scale Distribution
DSG Global (OTCQB: DSGT) today announced significant sales in less than two months after its electric vehicle division, Imperium Motor Company, entered into a binding memorandum of understanding for the acquisition of Ontario, Canada-based MTG Inc. A large-scale North American vehicle wholesale operation, MTG is well-established with over 25 years of experience and extensive commercial fleet and retail connections throughout the global automotive industry. Michael Tersigni and Johnny Cooper, both preeminent automotive specialists, lead the new wholesale division of DSG Global. DSG’s strategy is to increase cash flow with positive revenue and enhance its EV business with the ability to offer a unique buying experience to Imperium clients. MTG’s vehicle acquisition experience is now more important than ever with the industry seeing some of the worst supply levels in over 60 years. “We have all heard about the ‘chip’ issue that is affecting most every vehicle manufacturer during the current COVID pandemic; this is not just a supply issue on the new car side but also puts stress on the pre-owned supply of vehicles that dealers are depending on to compensate for lack of new vehicles available,” said Bob Silzer, CEO of DSG Global. “The demand is currently stronger than any time in recent history for a good supply of new or late model vehicles.”
To view the full press release, visit https://ibn.fm/jO0r7
About DSG Global Inc.
DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (“VTS”) brand, the company is moving quickly with road-ready electric vehicles through its Imperium Motor Company subsidiary. For more information, visit www.Vantage-Tag.com and www.ImperiumMotorCompany.com.
NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at http://ibn.fm/DSGT
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@NetworkNewsWire.com
InvestorWire is part of the InvestorBrandNetwork.