LMC has the exclusive rights to distribute the innovative
LMC is headed by CEO Mr.
LMC is progressing as planned on the homologation roadmap and continues to strengthen Its operational processes, marketing plan, and dealer acquisition as it moves to complete the spinout plan from
With seasoned leadership in place LMC is concentrating on completing all requisite trademarking legal tasks and executing the technical and business plan to have the Aurium SEV/ET5 complete homologation in Q3/23 and be ready to fulfill the substantial waitlist for delivery in Q4/ 2023.
DSGT/LMC has further strengthened its relationship with
LMC’s mission is to accelerate the inevitable adoption of environmentally responsible transportation solutions by offering a full range of affordable EV vehicles that do not compromise quality, performance, or safety as
About Liteborne
About DSG Global
The company has two distinct brands to deliver on the explosive opportunities in the LSV (Low Speed Electric Vehicle) & HSV (High Speed Electric Vehicle) markets. LITEBORNE™
The LSV market will be supported and expanded by the established Vantage Tag Systems brand building on the 10-year track record of innovation in the marketspace with a comprehensive product line-up of GPS Fleet Management integrated carts for golf operators, to the legendary Shelby golf and multi- passenger carts, Shelby e-bikes, for consumers and designated golf communities.
Vantage Tag Systems products are trusted by hundreds of golf operators around the world to manage their critical fleet assets with industry leading GPS Fleet Management technology. We are the people behind many of the innovations that operators rely on, and golfers expect.
We are expanding our 25 years of fleet management experience by introducing our own line of carts under the recognized Vantage brand. Integrated with our renowned GPS Fleet Management System the Vantage V-Club cart is a combination of advanced hardware/software creating the most complete and best value Cart/Management solution on the market.
As the Vantage Tag solution line-up evolves, we are adding complementary products to the portfolio for consumer and commercial purchase. The most recent of which is the opportunity to market the legendary Shelby Golf Carts to the North American golf community market such as
Company Contact:
604 575 3848 ext. 127
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated", "proposed", "expects", "intends", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.
Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes, delays in the Company's expansion plans, regulatory changes, and the impact of and risks associated with the ongoing COVID-19 pandemic including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2021 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the
Source:
2023 GlobeNewswire, Inc., source