Although the DSG Global Inc (OTCMKTS:DSGT) stock traded flat on Wednesday, it should not be forgotten that the company did make a significant announcement yesterday.
The company announced that its division named Imperium Motor Corp is going to establish a Logistics and Service Center. This center is going to be located in West Sacramento at a site that is 40 miles away from the Experience Center situate in Fairfield, California. Rick Curtis, who is the President of Imperium Motor Corp, spoke about the development as well.
He stated that the Experience Center has been quite busy with activity in recent times. The growing demand for the vehicles produced by Imperium has also resulted in the need for more storage areas so that inventories could be expanded substantially. The Logistics and Service Center is going to serve this purpose. The fact that it is not too far away from the Experience Center is also a bonus.