Form 8-K DIGITAL ALLY INC For: Aug 28

Digital Ally (DGLY) Enters $4M Conv. Notes Placement

On August 25, 2014, Digital Ally (Nasdaq: DGLY) entered into definitive agreements relating to a private placement (the Private Placement) of a $4.0 million principal amount Senior Secured Convertible Note (the Note). The Private Placement closed on August 28, 2014. The Private Placement was made pursuant to a letter of intent between the parties entered into on August 22, 2014. The Note is convertible at any time at the option of the holder into shares of the Companys common stock at $6.10 per share (the Conversion Price). The Note ranks pari passu with the Companys senior secured convertible note in the original principal... More

Digital Ally (DGLY) CEO, Chairman Sees Revenue Growth of 26% in FY14

In an article in USA Today on August 28, 2014, Stanton E. Ross, Chairman, President and Chief Executive Officer of Digital Ally (Nasdaq: DGLY) was quoted as stating that the Companys revenues in fiscal 2014 will approach $22.5 million. Mr. Ross made such forecast based on current... More

Digital Ally (DGLY) Adds to Gains as Ferguson Police Start Using Body Cameras

Digital Ally (NASDAQ: DGLY) is continuing its recent surge as the on-officer camera theme continues to get thrust into the media spotlight following the events in Ferguson. Shares are up 15% in pre-open trade Tuesday and now up 462% since the the Michael Brown shooting.... More

Digital Ally (DGLY) Warns Lofty CEO Expectations May Not Be Attainable

Digital Ally (NASDAQ: DGLY), arguably the hottest stocks in the market right now given its position in the on-officer camera market, warned after the close Friday that revenue expectations recently given by the CEO may not be attainable.

From the... More