DSG Global, Inc. Updates Financing Strategy to Support Sales Growth Initiatives
The Company and its Board of Directors will delay the reverse split and instead seek to strengthen the Companys cash flow and balance sheet.
- The Company and its Board of Directors will delay the reverse split and instead seek to strengthen the Companys cash flow and balance sheet.
- The Company is in negotiations to secure available debt (rather than equity) financing to bolster expansion, increase inventory and accelerate sales.
- With all the positive developments and strong growth in sales we are currently experiencing, our Board and management decided that securing debt financing and deferring a reverse split are favorable actions we can currently undertake.
- DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors.