Jan. 17 at 3:53 PM
$DSGT There are a few posts on X with some clues.
Latest DSG filling states “Receiver’s intent to identify an acquisition candidate or reverse merger candidate to benefit from utilizing the capital markets to foster a successful enterprise”.
Somerset/Strongbow is the receiver and will be restructuring DSG. At the same time Robert L. Stevens (Somerset) currently serves as receiver for the largest single location indoor cannabis grow operation in North America. Assuming it’s Cana Nevada Corporation, we can speculate that the play here is to reverse merge with DSG.
This is super risky(!) but also could be a high reward situation if reverse merger news are confirmed. I’ve seen a few plays like this going from sub penny to a 0.10-0.20 or even more. Float here is not bad. Also, have to stay alert - if price jumps, dilution is most likely.
