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Tuesday, 10/16/2018 5:54:21 PM

Tuesday, October 16, 2018 5:54:21 PM

Post# of 47896
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."

Source: https://seekingalpha.com/news/3397515-directview-enters-agreement-retire-outstanding-convertible-debt-agreement


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