Attached files
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8-K - DSG Global Inc. | g8002.htm |
Exhibit 10.1
Westergaard Holdings Ltd.
12757 54th Avenue, Surrey, BC V3X 3Cl (604) 970-4992
September 1, 2015
Robert C. Silzer DSG Global Inc. 5455 - 152 Street
Suite 214 Surrey, BC V3S 5A5
Dear Mr. Silzer:
RE: Westergaard Holdings Ltd. - Subscription Agreement/Debt Settlement & Addendums
As you are aware, the first redemption of Series A Convertible Preferred Shares by DSG Global Inc., for a total redemption price of US$1,250,000 was due to conclude August 31, 2015.
I am well aware that you and DSG Global Inc. are making valiant efforts to raise capital, thus I am pleased to advise you as follows:
1.
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I hereby extend the August 31, 2015 redemption date noted in the Third Addendum to Subscription Agreement/Debt Settlement to September 30, 2015.
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2.
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I hereby extend the September 30, 2015 redemption date noted in the Third Addendum to Subscription Agreement/Debt Settlement to October 30, 2015.
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3.
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I hereby extend the November 1, 2015 redemption date noted in the Third Addendum to Subscription Agreement/Debt Settlement to December 1, 2015.
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In the event that you and the company require the redemption dates as set out above to be extended further, I am amenable to further, future extensions of the redemption dates as set out above, subject to being satisfied that the company is moving forward in a positive manner in its efforts to raise capital and generate a profit.
Yours very truly,
Westergaard Holdings Ltd.
/s/ Keith B. Westergaard
Keith B. Westergaard
keith.westergaard@gmail.com