DSG Tag (DSGT), now Vantage Tag Systems is one of the new breed of software-as-a-service (SaaS) companies that are dominating the information technology industry.
Vantage Tag Systems provides electronic tracking systems and fleet management solutions – a market projected to reach $35 billion by 2019 – and companies are using Vantage Tag Systems' patented technology to significantly reduce costs, increase safety and enhance customer satisfaction.
Software-as-a-service (SaaS) is a software delivery method that is completely upending the way software is delivered and used. Residing in “the cloud,” with SaaS you are no longer tied to a desktop or laptop, and can access all the programs you use from any Internet-connected device, like smartphones and tablets.
Vantage Tag Systems has primarily focused on the golf industry where golf course operators manage their fleet of golf carts, turf equipment and utility vehicles remotely usingVantage Tag Systems' SaaS technology.
Vantage Tag Systems is now a leader in the category of Fleet Management in the golf industry and to date, their technology is used on over 10,000 vehicles on 250 courses worldwide.
The surging demand forVantage Tag Systems' product and the company’s multiple revenue streams has allowed Vantage Tag Systems to grow quickly and secure steady revenue.
Vantage Tag Systems' sector is one of the fastest-growing today, the industry as a whole is on track to grow 50% in the next two years to $93 billion
Vantage Tag Systems has one of the lowest customer churn rates in the business
Vantage Tag Systems' product was named “Technology of the Year” just three years after the company’s founding
Vantage Tag Systems collects recurring revenue from customers guaranteed 4-5 year customer contracts, giving the company steady, predictable and reliable income
Vantage Tag Systems is the leader in one vertical market and is aggressively pursuing their second market now
The company is currently trading on the OTCQB
Approximately 3,646,302 shares are outstanding as of January 13th/2020
The company would have approximately 6-7 million shares (depending on conversion price) I&O if all shares are converted. The large majority of this debt has restrictions upon its sale
Yes, but likely it will be a combination of debt funding, partnership investments and/or inventory financings. The company does not expect any future convertible fundings.
In 2018, the company achieved 1,281,024, a 16.4% increase over 2017
The company expects to grow 25-40% in 2019.
While many new revenue streams and products will be introduced during the year, the new product mix should be a significant driver in sales. We anticipate revenue growth significantly higher in 2020, likely in excess of 200%.
In 2021, 2022 and onward we expect to continue with the growth due to the newly structured fleet auto division and newly signed rights agreement with Jonway. DSG GLOBAL is also introducing new products and a very exciting pricing program to capture a large share of the market
During the first nine months of 2019, the operating loss was $483,939. A 37.4% improvement over 2018.
Current forecast suggests achieving these milestones in late Q3, 2020.
Jonway group has sold over 100,000 various cars, trucks, SUV’s, and other personal transportations devices in various markets worldwide. We will be their exclusive distributor in US, Canada, Mexico and the Caribbean market. Zhejiang Jonway Automobile Co, Ltd, is one of independent car manufacturers in China. It is located in the east of Zhejiang province, and was constructed on May, 2003. It has more than 1,000 employees and occupies an 573,000 square meters production base, which are invested more than 78 million dollars, including pressing, welding, painting and assembling four advanced main workshop. Jonway has a strong history of sales of its vehicles since inception. Its production capacity of its automotive plant is over 50,000 units per year and their scooter/LSV plant has capacity of over 200,000 units annually. Their models meet Euro III (China) emissions standards, also current European Standards for Emissions for models sold in Europe and meet US Emissions requirements for certain models as well. Jonway holds ISO 9001:2000 quality and CCC certification.
We will have access to sell all of Jonway’s products in the exclusive territory under the Jonway/DSG Global Agreement. This will include both low and high-speed electric vehicles including scooters, eRickshaws ,golf carts, SUV’s, cars, vans and trucks. Many of these products will incorporate DSG Tag Monitoring Systems.
They are ordered and in production. We expect them to arrive in California in early February 2020
We already have pending orders for the one vehicle currently certified for sale in the United States. Once the remaining vehicles are here, we can finalize certification and start processing orders on multiple models. We expect to begin delivering vehicles during Q1 2020.
The company expects to accelerate sales beginning in February 2020 in the stated territories. The company believes that it will sell multiple vehicle on a daily basis during 2020.
The company anticipates to triple the number of golf courses that utilize its products during the next twelve months. During 2019, we had to concentrate on completing development of the new INFINITY line up and updating several facilities with our new products. We have added new distributors, sales team and installers and can concentrate on new golf courses during 2020. We anticipate several new installations each week during 2020.
The company also expects to commence the programmatic advertising component during early Q2 2020.
The company anticipates an application for uplisting to the NASDAQ exchange during early 2020. The company also anticipates adding two new independent board members and key high level personnel to accomplish the anticipated future growth.
DSG GLOBAL will continue to be a leader in the golf course management industry, but also branch out to fleet management, agricultural equipment tracking and programmatic advertising. Electric vehicle sales will be the majority of sales moving forward but with exponential growth in other mentioned areas as well.
Thank you for your interest in contacting Vantage Tag Systems!
Vantage Tag Systems is a global leader of fleet management solutions for the golf industry, as well as fleet, agriculture, government and military applications. Contact us today to get started!