DSG Global (OTCQB: DSGT) was the subject of a recent research note published by Goldman Small Cap Research, a stock market research firm specializing in the small and microcap sectors and whose content was discussed in a recent article. Titled “Lordstown Motors Debacle Confirms DSG’s Model Built for Success,” the research note observed that recent news that EV darling Lordstown Motors may not continue as a going concern in a year’s time due to large, accumulated losses, low cash on hand and significant future costs owned to vendors, affirms Goldman’s thesis that the DSG EV model offers low risk with high upside. “The report pointed out that such a flawed EV model [Lordstown’s] favors an investor shift to DSG,” reads a recent article. DSG’s core model leverages its exclusive North American rights to sell a broad lineup of EV vehicles from multiple manufacturers, which is a low-risk approach that substantially reduces capital costs by tens of millions as the production risk cost is eliminated. “In our view, the EV space is primed for continued outsized growth and will remain in demand and in favor in the capital markets. However, if other ‘producers’ shoes drop’ in a similar fashion, savvy investors may seek out superior models and companies such as DSG that offer strong top-line upside without the associated capital costs that have historically crushed U.S. automotive manufacturers from time to time.”
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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 https://ibn.fm/DSGT
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