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Tuesday, 08/16/2016 10:08:55 AM

Tuesday, August 16, 2016 10:08:55 AM

Post# of 9918
$DIRVD DIRV CEO Roger Ralston announced that DirectView completed a 1:35 reverse stock split on August 2, 2016. The announcement estimated new basic shares outstanding at 23mn. In our view the reverse split is the prudent course of action given the rise in shares outstanding after capital raising activities by the company over the last year to fund operations and develop / promote the new body worn camera product line caused significant dilution. DirectView shares will trade under the ticker DIRVD temporarily to reflect this action.

https://finance.yahoo.com/news/seethruequity-issues-directview-holdings-inc-120000699.html

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!

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