Digital Utilities Ventures (DUTV) Attains Current Status with OTC Markets Disclosures to OTC Markets regarding TORQ Communications merger revised
NEW YORK, Feb. 1, 2013 /PRNewswire/ -- Digital Utilities Ventures, Inc (Stock Symbol: DUTV:PK), an innovator in Internet Protocol video transport systems, is pleased to announce that the company has been granted Current Information Status by OTC Markets following the successful updating of financial and disclosure information pertinent to its recent merger with TORQ Communications. "We have spent a lot of time and resources keeping our current status during the last 12 months and now that all the year end accounting from our merger with TORQ is complete, we can finally move forward with building our business and showcasing to the market what our products can and will do in the IPTV and Telecommunication industries," stated Garry McHenry, CEO of Digital Utilities.
DUTV Management also received approval this week from its auditors to release 2012 revenues from the TORQ merger, as well as forecasts for the combined businesses for 2013. "I am confident our investors and stockholders will be very pleased when we release our numbers next week. The revenue release will also coincide with other exciting partnership and managerial announcements that will be forthcoming in the coming weeks." concludes McHenry.
About Digital Utilities Ventures, Inc – Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to utilize its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services market. The Company went public on March 26, 2009. Website: www.DUTV.US
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SOURCE Digital Utilities Ventures, Inc