Direct View Holding, Inc. has a decreasing revenue on a YOY basis, $19k in cash, $60k in current assets and $7,521m in current liabilities for a current ratio of 0,008 that makes it totally insolvent. It seems they have difficulty to get paid by they’re clients and it shows that this company is poorly managed. Expenses are way to high vs profit and this is the reason why liabilities are increasing at a fast rate year after year and will end up bankrupt. The low float which you can own it all for less then $45k, and probably owned entirely by insiders, makes it easy for the insider to manipulate the price. Look at the last session for example, 94% up with about $2k involved in transaction, it’s only manipulation to unload worthless shares on unaware investors. Beware of the extremely low trading volume and the high volatility, you could lose your entire investment in a single day.
