Westergaard Holdings Ltd.
12757 54th Avenue, Surrey, BC V3X 3Cl (604) 970-4992
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:
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.