Date : May 29, 2019

New Opportunity: DirectView Holdings Inc. (OTCMKTS:DIRV)

 

We have been on fire so far in 2019, as the market serves up one spectacular setup after another. Our new focus is on a microcap in the security and surveillance space that trades under the ticker DIRV.

 

DIRV shares are sitting at key support right now. The past two times the stock was sitting at this same level, we saw rallies of 400% and 75%. That same sort of result could be on tape once again. We will outline this opportunity below.

 

Symbol:  DIRV

Company:  DirectView Holdings Inc.

Quote:  http://finance.yahoo.com/q?s=DIRV

Latest News:  http://finance.yahoo.com/q/h?s=DIRV+Headlines

Website: https://directview.com/

Who is DIRV

Who is DIRV

 

DirectView Holdings Inc. (OTCMKTS:DIRV) 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.

 

Recently, we have seen this company move into close proximity with the multi-billion dollar cannabis space, as well as ink a series of major new contracts with large-scale retailers. Naturally, this puts the company into the big leagues, as the market has started to see.

Recent Catalysts

DirectView Holdings, Inc. (DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that the Company has signed a 10-year lease to occupy 7,870 square feet of space in “The Tech Center of Greenville,” to build out a new, state-of-the-art mutlipurpose facility.

Located on Greenville Avenue in the North Dallas area of Allen, Texas, The Tech Center contains three high quality office/flex buildings that are well positioned in the growing Allen business park in North Dallas. DirectView is initially occupying 7,870 square feet for offices, a call center for technical support and sales, a training center, and warehouse space for inventory and shipping, with plans to lease more space in the future. Since each space is built out per tenant request, DirectView had the opportunity to negotiate tenant improvements consisting of nearly $355,000 to build out the interior of the location. As part of the agreement, Directview has received 4 free months of rent under the 10-year lease, and DirectView anticipates moving to the location on or before September 1, 2019.

DirectView’s investment in a new multipurpose facility is anticipated to streamline its business operations and allow more room for further growth. The move comes on the heels of DirectView recording a record year of sales growth, and ApexCCTV.com, the Company’s wholly-owned subsidiary, recently reporting an increase in orders and revenue of 172% and 185%, respectively. Future plans for the space include a state-of-the-art showroom where customers can view and operate DirectView’s security, surveillance, and accesss control products. DirectView anticipates reserving further warehouse space to ensure product availability and order fulfilment space to ensure timely delivery of products.

“We have just signed a 10-year lease for a new, state-of-the-art multipurpose facility that will streamline our operations and further our growth strategy,” stated Roger Ralston, CEO and Chairman of DirectView Holdings. “The layout of the interior was strategically designed in a way that allows DirectView to ramp up its operations. The warehouse and shipping space will provide DirectView with a larger inventory of items in stock and will speed up the order fulfilment process, while the office space will be utilized in a way that provides superior sales, service, and technical support. The new facility will allow DirectView to reach the next milestone in growth, and I couldn’t be more proud of our team and our subsidiaries on their accomplishments this year.”

Technical Analysis

As noted above, share have been pulling back. But, from a technical level, we would also note a very strong bullish divergence on this chart in the MACD indicator, which is settling now at much higher oscillator levels than we saw during the December low, despite a slightly lower low in share price on the chart.

In addition, the company’s new 10-year lease and the plan for a major hub in a high-growth area certainly suggests more exciting announcements may be just ahead.

“We have just signed a 10-year lease for a new, state-of-the-art multipurpose facility that will streamline our operations and further our growth strategy,” stated Roger Ralston, CEO and Chairman of DirectView Holdings. “The layout of the interior was strategically designed in a way that allows DirectView to ramp up its operations. The warehouse and shipping space will provide DirectView with a larger inventory of items in stock and will speed up the order fulfilment process, while the office space will be utilized in a way that provides superior sales, service, and technical support. The new facility will allow DirectView to reach the next milestone in growth, and I couldn’t be more proud of our team and our subsidiaries on their accomplishments this year.”

Directview Holdings Inc (OTCMKTS:DIRV) generated sales of $626K, according to information released in the company’s most recent quarterly financial report, and trailing 12-month revenues of $3.5M.

About DIRV

DIRV (DirectView Holdings Inc.) 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.

  • DIRV has put a huge number of major catalysts in play lately, including a potential uplisting, accelerating top-line growth, and new clients.
  • DIRV is making real money, with trailing revs already coming in at $3.5M.
  • DIRV is nearing the completion of a key acquisition that will grant the company 100% ownership of the business assets of a nationwide, New York based, security, surveillance and low voltage supply company.
  • DIRV has been testing key support that has launched the stock powerfully to the upside in each the past 3 instances of testing the same level.
  • DIRV just triggered a key oversold level according to the RSI indicator.

 

As discussed above, DIRV represents an interesting opportunity here as the stock tests key support where it has found powerful bullish energy in the past on a number of occasions, and just as the key RSI indicator is suggesting a potentially important signal as well.

 

That comes as the company nears the completion of an important acquisition and continues to expand its reach and breadth as a growing play in the explosive security and surveillance space.

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