DirectView enters into agreement to retire outstanding convertible debt agreement
Oct. 16, 2018 5:53 AM ET|About: DirectView Holdings, Inc. (DIRV)|By: Niloofer Shaikh, SA News Editor
DirectView Holdings (OTCPK:DIRV) settled over $1.4M of convertible debt for an agreement to pay $1.2M cash over a three month period and an immediate lock up on all of its convertible notes and no further conversions.
Roger Ralston, DirectView's CEO stated: "We continue to invest heavily in people, process, and technology, with the goal of significantly transforming our industry and customer experience. I continue to believe the timely execution of our business transformation plans will drive our sales and gross profit results for 2018, while solidifying the foundation for future growth."
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