Replies to post #17621 on DirectView Holdings Inc (fka DIRV)

[Xylophone]

Then why can’t they pay their bills??...
https://ih.advfn.com/p.php?pid=nmona&article=77199583
WE ARE PAST DUE IN THE PAYMENT OF PAYROLL TAXES.

At December 31, 2017, we had approximately $135,000 of accrued but unpaid payroll taxes and liabilities due the federal government which includes penalties and interest. We do not have the funds necessary to satisfy this obligation. If we are unable to raise the funds necessary, it is possible that we will be subject to significant additional fines and penalties, Mr. Ralston, our CEO, could be personally subject to a 100% penalty on the amount of unpaid taxes and the government could file liens against our company and our bank accounts until such time as the amounts have been paid.

WE WILL NEED ADDITIONAL FINANCING WHICH WE MAY NOT BE ABLE TO OBTAIN ON ACCEPTABLE TERMS IF AT ALL. DUE TO THE SIZE OF OUR COMPANY AND THE LACK OF A PUBLIC MARKET FOR OUR COMMON STOCK IT IS LIKELY THAT THE TERMS OF ANY FINANCING WE MAY BE ABLE TO SECURE WILL BE DETRIMENTAL TO OUR CURRENT STOCKHOLDERS.

[Spread Medic]

Wow.. Look at the numbers in the 10-k... Net Sales increased 531% in 2017 to $2,379,190 .... In addition, Gross profit came in at 1.26M compared to 229k the prior year.