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DirectView Holdings Inc. (DIRV)

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DirectView Holdings, Inc 

https://DirectView.com/
Trading Symbol: DIRV
 
 

Share Structure

Authorized Shares  1,000,000,000   as of  04/30/2018

Outstanding Shares  141,312,577  as of 04/30/2018

Float   133,047,198   as of 04/30/2018

 

 

About DirectView Holdings, Inc

 

DirectView Holdings, Inc., together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our website at www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.





NEWS

http://directview.com/press-releases/



 

EXPECTING HUGE REVs of $6M+ in Q1, 2018

 
-  Feb 12, 2018: Plans to uplist to OTCQB http://directview.com/directview-now-fully-current-compliant-financials-planning-uplist-otcqb/


 Feb 14, 2018: $6M in revenues YTD (ie 1 month & 14 days)  http://directview.com/directview-sees-500k-jump-revenues-bring-ytd-sales-6-million/


-  Deals with a California CBD Co. announced on Feb 20, 2018 http://directview.com/directview-inks-deal-emerging-top-tier-california-cbd-processing-facility/


-  Deals with 2 other Co. in March 2018  (ie more revenues for 2018 )

           
            * March 14, 2018  http://directview.com/directview-subsidiary-virtual-surveillance-provide-comprehensive-security-solutions-nationwide-athletic-footwear-apparel-retail-chain/
           
           * March 20, 2018  http://directview.com/directviews-virtual-surveillance-provide-extensive-security-solution-global-food-production-distribution-company/



-  March 28, 2018: With $10M In Revenue, the Relaunch of ApexCCTV.com Could Further Expand DirectView’s Growth Potential http://directview.com/directview-redesign-muti-million-dollar-ecommerce-surveillance-website-2018-summer-relaunch/



 

CLIENTS / CUSTOMERS



Premier Clients for DirectView DIRV



  

Acquired 2 Companies 4/27/17:


http://www.apexcctv.com/

http://vs-us.com/

 

DirectView Completes Acquisition of Two Privately Held Texas-Based Security and Surveillance Companies with Combined Fiscal 2016 Revenue of Approximately $5.3 Million

Company assumes full legal ownership of Video Surveillance, LLC and ApexCCTV, LLC

 

NEW YORK, NY -- April 27, 2017 -- InvestorsHub NewsWire --  DirectView Holdings, Inc. (DIRV) ("DirectView" or the "Company"), a company focused on ownership and management of leading video and security technology companies, today announced that it has completed the acquisition of Video Surveillance, LLC and ApexCCTV, LLC (the "Acquisition Companies"), two Texas-based video security and surveillance companies operated and solely owned by Mark D. Harris. Based on the unaudited financial statements for fiscal 2016 the combined revenue of the Acquisition Companies is approximately $5.3 million.

Under the terms of the securities purchase agreement (the"SPA"), Directview acquired all of the issued and outstanding equity interests of each of the Acquisition Companies for a minimum of approximately $1.9 million in cash to be paid approximately six months from the date of acquisition. Upon the successful completion of a two year audit of the Acquisition Companies, in accordance with U.S. GAAP accounting standards for the fiscal years ended 2016 and 2015, DirectView will be obligated to pay an additional amount ranging from $2,000 up to $500,000 based on the positive average annual cash flow achieved in those two years. DirectView has received a non-binding term sheet to finance the payments as well as to fuel future growth of the combined companies. The Company also intends to explore a number of potential financing sources to achieve the best long term results for the Company and its shareholders. For a more detailed description of the SPA, please review our current report on Form 8-K filed with the Securities and Exchange Commission on April 26, 2017.

As part of the transaction, Mark D. Harris has entered into a three year employment agreement with DirectView where he will serve as President of the Acquisition Companies. Mr. Harris is a technology services veteran with over 25 years experience and a proven track record of building profitable revenue growth. He served for 19 years at Intervoice (formerly traded as NASDAQ: INTV), a world leader in delivering natural, intuitive ways for people to interact, transact, and communicate through technology. As Senior Vice President of Americas Operations and Global Services at Intervoice, he led a team which was responsible for pioneering the execution of a new Enterprise Hosted Solutions business to support advanced self service applications and intelligent transactions. Beginning in 2008, upon the acquisition of Intervoice by Convergys Corporation (NYSE: CVG), he served as Senior Vice President of Global Technology Services at Convergys Corporation through 2014. He brings a wealth of experience in M&A integration, business development and strategic planning to the Directview management team.

Roger Ralston, CEO and Chairman of DirectView, stated, "The acquisition of these companies is a very exciting transformational event for DirectvVew as we position for current and future growth. Mr. Harris has built two businesses that in less than three years, are generating substantial revenue and, more importantly, positive cash flow. He also has a wealth of technology management experience that will be invaluable for DirectView as we execute our strategic growth plan. With his expertise in establishing a nationwide market presence through direct and online sales and our ability to tailor customized solutions in the marketplace, I believe we have set the stage to achieve significant organic sales growth in the coming years. Additionally, this acquisition gives us the critical mass to opportunistically roll-up other security and surveillance companies in order to further accelerate the growth of our business and build significant long term value for our shareholders."

Mark D. Harris added, I am excited to now be a part of the DirectView team as we work to become a force in our industry by creating a very attractive roll-up platform. Through this combination, all of our companies will benefit from increased bandwidth, greater expertise and more wide ranging sales opportunities. I look forward to implementing the proper business strategies to build our business, both organically, and through prudent acquisitions in order to provide the best solutions in the market for our growing customer base."

 




 

DirectView is the leading provider of security solutions for the rapidly expanding

  CANNABIS INDUSTRY








We understand the special security requirements facing cannabis businesses. Our experience in this area allows us to provide you with the most up-to-date security solutions available to protect your investment. Our solutions are fully customized to your individual security needs. Specially designed security programs can include conventional alarm monitoring; central station surveillance allowing our monitoring specialists to remotely view your location on a real time basis; temperature and light variation monitoring; full entry/access control; or any combination of our broad range of services to give you peace of mind that your investment and assets are completely safe, secure, and well protected. 
 

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PlusOneCoin Top Posts
#19585   Nice Tweet from DirectView about their Quarterly Report zigzagman 05/24/18 09:46:32 AM
#19375   Lololol yeah man, I hate being in a Adam_art 05/21/18 07:31:08 PM
#19439   DIRV Daily Chart update: jedijazz 05/22/18 10:28:04 AM
PostSubject
#14805  Sticky Note Spoke on phone with client of Direct View weezus420 03/29/18 12:55:49 PM
#13527  Sticky Note $DIRV together with its subsidiaries, provides video surveillance resx18 03/19/18 10:18:43 PM
#19596   DIRV is uniquely positioned in several key areas zigzagman 05/24/18 12:54:09 PM
#19595   We don't even know if the payroll taxes awaitingamove 05/24/18 11:29:49 AM
#19594   DIRV has 1 BILLION shares AUTHORIZED and going awaitingamove 05/24/18 11:24:38 AM
#19593   I was caught on $DIRV surveillance video vomiting roger wilco 05/24/18 11:23:09 AM
#19592   Just take a look at the chart for awaitingamove 05/24/18 11:18:53 AM
#19590   Nice News out yesterday! DirectView's Virtual Surveillance Wins jedijazz 05/24/18 11:07:32 AM
#19589   That is a nice tweet for sure. Let's Roll 05/24/18 11:07:12 AM
#19588   IT does look thin BigDog. Let's Roll 05/24/18 10:10:54 AM
#19587   L2 looking real thin. Slap IT! BigDog0708 05/24/18 09:56:12 AM
#19586   Was it over when the Germans bombed Pearl Harbor? BigDog0708 05/24/18 09:55:08 AM
#19585   Nice Tweet from DirectView about their Quarterly Report zigzagman 05/24/18 09:46:32 AM
#19584   It sure was Zig! DIRV just keeps getting Let's Roll 05/24/18 09:37:45 AM
#19583   Yes lol, tiny, this will fly with buying nickeli54 05/24/18 09:26:28 AM
#19582   Sales increased for DIRV read more: https://backend.otcmarkets.com/otcapi jedijazz 05/24/18 09:19:54 AM
#19581   Their OS is that small? Thanks. Didn't know that. Oshinko 05/24/18 09:18:02 AM
#19580   DIRV 14 Day RSI sitting @ 47.29 jedijazz 05/24/18 09:05:18 AM
#19579   Great news out yesterday! zigzagman 05/24/18 08:46:15 AM
#19578   Agree, Risk/reward here is good imo. $DIRV nickeli54 05/24/18 08:29:32 AM
#19577   Good morning all! Nice to see we closed Let's Roll 05/24/18 07:28:18 AM
#19576   I jumped in cause I like it so stormcloud96 05/24/18 12:13:56 AM
#19575   I still haven’t grasped the whole new dilution Frumunda 05/23/18 10:09:51 PM
#19574   I hear sheep haha Frumunda 05/23/18 10:05:26 PM
#19573   Ahh very good, still not bad at all. nickeli54 05/23/18 10:05:00 PM
#19572   We don’t know anything except they diluted a Gtc_123 05/23/18 10:03:14 PM
#19571   https://www.bloomberg.com/quote/DIRV:US Gtc_123 05/23/18 10:01:55 PM
#19570   If dirv does get up listed they will awaitingamove 05/23/18 10:00:57 PM
#19569   I have 155M on Schwab and Bloomberg. I Gtc_123 05/23/18 10:00:54 PM
#19568   $DIRV Outstanding Shares 141,312,577 04/30/2018 nickeli54 05/23/18 09:59:32 PM
#19567   It was hard for me to believe they awaitingamove 05/23/18 09:58:02 PM
#19566   The reason DIRV did not go below a awaitingamove 05/23/18 09:56:12 PM
#19565   Where do you see 170? I still only Frumunda 05/23/18 09:54:19 PM
#19564   You got it! Hold tight, this is a nickeli54 05/23/18 09:38:42 PM
#19563   It’s still 170 million. That’s nothing for penny Gtc_123 05/23/18 08:58:56 PM
#19562   Sorry guys, it doesn't matter how much business awaitingamove 05/23/18 07:07:13 PM
#19561   Directview Holdings, (DIRV) 0.0143 +0.0004 (2.88%) jedijazz 05/23/18 04:07:30 PM
#19560   DirectView recently updated their website - http://www.directview.com zigzagman 05/23/18 03:40:56 PM
#19558   Read the 10-Q. Massive multimillion dollar increases Inorout 05/23/18 03:28:30 PM
#19557   Well luckily for us ALL those shares you Frumunda 05/23/18 03:27:00 PM
#19556   that has nothing to do with the deal stockyupydowny 05/23/18 03:24:06 PM
#19555   Roger Ralston, DirectView's CEO: $ DIRV jedijazz 05/23/18 03:21:48 PM
#19554   well looks like we are going to be stockyupydowny 05/23/18 03:21:19 PM
#19553   Wow...DIRV’s Net Losses have increased more than 100% Inorout 05/23/18 03:18:51 PM
#19552   Weak hands allows others to scoop up your Rod Tidwell 05/23/18 03:12:51 PM
#19551   okidoki vhgier 05/23/18 03:12:25 PM
#19550   for a no fluff deal its collapsing vhgier 05/23/18 03:11:55 PM
#19549   They applied apr.25th. I read somewhere a while dj1216 05/23/18 03:03:14 PM
#19548   I think about every time they released news awaitingamove 05/23/18 02:58:37 PM
#19547   Guys..I sold all..I owned a lot..a lot of awaitingamove 05/23/18 02:54:26 PM
#19546   Lol $DIRV this has a huge upswing potential nickeli54 05/23/18 02:44:04 PM
#19545   When’s the uplist supposed to actually be approved Rod Tidwell 05/23/18 02:28:07 PM
PostSubject