DirectView Recognizes Major Growth Potential Presented When Dual Listing on American and Canadian Stock Exchanges
NEW YORK, October 22, 2018 /PRNewswire/ --
DirectView Holdings, Inc. (DIRV) ("DirectView" or the "Company"), a company focused on ownership and management of leading video and security technology companies, today announced that DirectView executives are exploring the possibility of bringing DirectView, Inc. to the TSX or CSE in Canada, while still remaining on the OTC Markets in America.
In light of the recent legalization of Cannabis in Canada and the ever-growing demand for surveillance and security equipment in the industry, DirectView is actively consulting with its legal team to dual list the Company's stock on a Canadian stock exchange. The benefits of dual listing include a larger pool of investors, greater visibility, and exposure to macroeconomic factors.
As mentioned in DirectView's press release on October 9th, 2018, DirectView Offers Custom-tailored Security, Surveillance, Safety and Access Control Solutions for the Cannabis and CBD Industry, DirectView has noticed big demand in the Cannabis industry for comprehensive security systems, including installation, maintenance, and upgrades. DirectView has been laser focused on its new initiative to provide and install custom-tailored security, surveillance and safety equipment to meet the regulatory and compliance requirements of the industry.
Roger Ralston, President and CEO of DirectView, said, "We are experiencing an even greater need for DirectView's equipment and services in growing markets. This is especially true for the Cannabis Industry. Since inception, DirectView has been laser focused on providing security and surveillance equipment to emerging markets. With the recent events in Canada, it's only natural for DirectView to explore expansion to the Canadian markets. We will keep our shareholders informed as we make progress towards dual listing and adding DirectView to the TSX or CSE."
About DirectView Holdings, Inc.
DirectView Holdings, Inc., (DIRV) together with its subsidiaries, 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. For more information visit our websites at http://www.DirectView.com, http://www.ApexCCTV.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
Cautionary Statement Regarding Forward Looking Statements
Forward Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in our filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
DirectView Holdings, Inc.
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