{"id":5657,"date":"2015-05-16T14:14:11","date_gmt":"2015-05-16T14:14:11","guid":{"rendered":"\/?p=5657"},"modified":"2015-05-16T14:34:07","modified_gmt":"2015-05-16T14:34:07","slug":"directview-holdings-inc-otcmktsdirv-deflates","status":"publish","type":"post","link":"\/articles\/directview-holdings-inc-otcmktsdirv-deflates\/","title":{"rendered":"DirectView Holdings, Inc. (OTCMKTS:DIRV) Deflates"},"content":{"rendered":"\n

It has been an emotional couple of weeks for DirectView Holdings, Inc. (OTCMKTS:DIRV<\/a>) shareholders. They got to watch their investment shoot up spectacularly after the company latched itself onto the wave of excitement about wearable body cameras, amidst the nation-wide debate on whether all policemen should wear one. After yesterday’s session, DIRV<\/a> is still well above its price levels prior to May 2015 but equally far from its most recent highs as well.<\/p>\n

Yesterday the company slid 28% down the charts, logging above-average volume of nearly 24 million shares traded. The slip came in the wake of the news release that pushed the stock up in the previous session.<\/p>\n

DIRV<\/a> announced a joint project with NASDAQ-traded xG Technology, Inc. (NASDAQ:XGTI<\/a>) to produce a new body camera. This is what pushed DIRV<\/a> into far greater liquidity in May in the first place. On Wednesday the company announced an ABC News affiliate channel covered the body camera project in a short news segment.<\/p>\n

Everything was almost perfectly aligned – an OTC stock that was quietly bubbling in sub-penny land for a while, an agreement with a NASDAQ-traded entity, media exposure on TV! So, what then could be holding DIRV<\/a> back?<\/p>\n

For one, there’s the company’s own underwhelming reports. Here is what DIRV<\/a> had to show as of its last annual report:<\/p>\n