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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

 Number of shares in the Public Float: 177,990,392 as of 06/11/2018 

 

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
#25024   DirectView CEO, Roger Ralston and COO/CFO, Chris Cutchens, jedijazz 09/19/18 08:26:39 AM
#26287   DirectView (OTC:DIRV) could become the leading provider of Elcappy1 09/25/18 02:22:42 PM
#25749   SeeThruEquity Issues Update on DirectView Holdings DIRV jedijazz 09/24/18 08:11:41 AM
PostSubject
#25208  Sticky Note *** DirectView to be Interviewed at NASDAQ *** 750K 09/19/18 10:57:55 AM
#24579  Sticky Note Adding Chris Cutchens as CO., is huge. The WallStreetCash 09/13/18 09:59:14 AM
#23236  Sticky Note DirectView Wins $150,000.00 Contract-with-Prominent-New-York-City Hotel C Drugdoctor 08/23/18 09:16:37 AM
#23038  Sticky Note DIRV has great revenue, growing the business, hiring al19 08/21/18 03:18:51 PM
#26412   SKY IS FALLING... ETC,, ETC,,Make money today Budman33 09/26/18 04:11:24 AM
#26411   Nice day and close folks. More coming $$$$ BERKSHIRE AGENT 09/26/18 03:48:10 AM
#26410   BIG RUN UP TOMORROW, NAKED SHORTS BLOWN UP stockstalk09 09/26/18 02:18:42 AM
#26409   I can see a short squeeze coming on stockstalk09 09/26/18 02:05:58 AM
#26408   Just watch tomorrow AnonymousSsSs 09/26/18 12:55:31 AM
#26407   Heading much higher AnonymousSsSs 09/26/18 12:55:12 AM
#26406   .005 coming on fake news J King Style 09/26/18 12:53:31 AM
#26405   You again? You been wrong how many times? Axeman 09/26/18 12:50:00 AM
#26404   Just looked at your posts and you are Aktrader56 09/26/18 12:39:22 AM
#26403   Yup fake news... I could see a big J King Style 09/26/18 12:28:16 AM
#26402   https://finance.yahoo.com/news/seethruequity-issues-directview-holdings-09300075 Welsh_Dragon 09/26/18 12:24:00 AM
#26401   Just started ... quit talking about selling AnonymousSsSs 09/26/18 12:21:43 AM
#26400   Outlet apologizes for fake news. No .08 projection. Tradeking85 09/26/18 12:17:16 AM
#26399   I agree. It sure could. fivexshot 09/26/18 12:12:35 AM
#26398   HUGE SELLOFF TOMORROW!!! BETTER LOCK PROFITS BEFORE THE J King Style 09/26/18 12:10:48 AM
#26397   Only the beginning here AnonymousSsSs 09/26/18 12:09:39 AM
#26396   Expecting much more ... AnonymousSsSs 09/26/18 12:09:24 AM
#26395   Could gap up and run from here AnonymousSsSs 09/26/18 12:08:45 AM
#26394   If we get contract news today... Hang fivexshot 09/26/18 12:03:48 AM
#26393   Whatever goes .08, usually goes .10 fivexshot 09/25/18 10:56:43 PM
#26392   Totally loving this DIVR$$$ great day. Hope many Aktrader56 09/25/18 10:02:08 PM
#26391   Yes sir ;) DIRV Rogue Dead Guy 09/25/18 09:55:39 PM
#26390   $2.5 million market cap at 0.011. Welsh_Dragon 09/25/18 09:48:09 PM
#26389   Hell yeah thanks for your support guys ! AnonymousSsSs 09/25/18 09:16:42 PM
#26388   You bet....we’ll know more tomorrow.;) Crabby!! 09/25/18 09:10:37 PM
#26387   Hell of a day gents! Hell of a Rogue Dead Guy 09/25/18 09:08:33 PM
#26386   Thanks brother will do didnt have time before don estaban 09/25/18 09:00:02 PM
#26385   Also read the PR from earlier today...it identifies Crabby!! 09/25/18 08:51:36 PM
#26384   The interview will draw in bigger fish, NASDAQ....but Crabby!! 09/25/18 08:49:37 PM
#26383   you make a very strong case with some madras50 09/25/18 08:12:38 PM
#26382   The weed will bring us to the promised land wash21263 09/25/18 07:43:23 PM
#26381   Keep screaming r/s wash21263 09/25/18 07:42:09 PM
#26380   What’s up crabby what ‘s the O/S on don estaban 09/25/18 07:35:29 PM
#26379   Seriously - just QUIT EMBARRASSING YOURSELF!! Everyone is KngmAz 09/25/18 07:26:58 PM
#26378   Well...first you do a reverse split to knock CaoPanShou 09/25/18 07:26:39 PM
#26377   The stock price of DIRV could INSTANTLY go KngmAz 09/25/18 07:23:49 PM
#26376   Huge day today also!! Strong close over .01! DIRV Rogue Dead Guy 09/25/18 05:18:35 PM
#26375   Huge volume today!! DIRV Rogue Dead Guy 09/25/18 05:17:43 PM
#26374   And that my friend is very possible if samman69 09/25/18 05:10:27 PM
#26373   They can’t up list anytime soon you have Swammmie1040 09/25/18 05:01:54 PM
#26372   Yes sir.....eager for tomorrow. They are to Crabby!! 09/25/18 04:56:20 PM
#26371   Wonderful Day here at DIRV, Crabby! Just warming Golden Penny 09/25/18 04:55:09 PM
#26370   Well. We are at just a little over Rookiemove 09/25/18 04:49:04 PM
#26369   It would be a credibility boost and allow nsomniyak 09/25/18 04:48:39 PM
#26368   Lol coming from the guy who’s been calling DD_Bull_Rush 09/25/18 04:48:28 PM
#26367   Sell the open and thank me later jimr1717 09/25/18 04:46:29 PM
#26366   NASDAQ Acceptance. Can anyone explain how this CATrade 09/25/18 04:44:25 PM
#26365   Loving this GEM while on vacation :) Been BERKSHIRE AGENT 09/25/18 04:22:15 PM
#26364   Ha ha what a shame jindal 09/25/18 04:15:33 PM
#26363   Congrats everybody!! ROCKY LEDGE 09/25/18 04:09:39 PM
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