Digital Utilities Ventures Provides Corporate Update

Core Insights - Digital Utilities Ventures, Inc. (OTC:DUTV) is undergoing significant corporate changes, including an acquisition and international expansion efforts, aimed at enhancing revenue and market visibility [3][8] - The company is in the process of acquiring Lifestyle Dock Company, a luxury dock manufacturer, pending FINRA approval, which will allow for revenue consolidation into DUTV's financial statements [4][6] - DUTV is advancing its international strategy with a $3.4 million contract for EasyFEN™ systems in Kenya, with additional trials in Tanzania and discussions in over ten African nations [6][8] - The company is also pursuing a reverse stock split to uplist to the OTCQB Venture Market, which is expected to improve transparency and liquidity for shareholders [7][8] Acquisition Details - The acquisition of Lifestyle Dock Company will broaden DUTV's product portfolio and provide a production base for integrating NanoVoid™ clean-water technology into luxury docks [5][6] - Lifestyle Dock Company has a strong distribution network and an East Coast manufacturing facility, which will enhance DUTV's operational capabilities [4][5] International Expansion - DUTV has received deposits on a $3.4 million contract for deploying EasyFEN™ waste-to-fertilizer systems in Kenya, with revenue recognition expected later this year [6] - The company is conducting field trials in Tanzania and engaging in discussions across more than ten African nations, indicating a scalable solution for local fertilizer production and sustainable agriculture [6][8] Capital Markets Initiatives - DUTV's management has approved a 100:1 reverse stock split as part of its strategy to uplist to the OTCQB Venture Market, pending FINRA approval [7] - The uplisting is anticipated to enhance transparency, broaden investor access, and improve overall liquidity for shareholders [7][8]