DirectView Holdings, Inc.,(OTC
IRV) ("DirectView" or the "Company"
, a company focused on ownership and management of leading video and security technology companies, announced today that the Company successfully restructured all outstanding debt with an existing lending partner. The company settled over $1.4 million dollars of convertible debt for an agreement to pay $1.2 million dollars cash over a three month period. As part of the settlement, the lender also agreed to an immediate lock up on all of its convertible notes and no further conversions.