Digital Utilities Ventures Inc (DUTV)

[Voices of Reason]

It is plain english - not sure how you can spin it any other way - Maurice states explicitly they have entered into a partnership (re. deal is done, contract signed) and that under this agreement (re. "contract") that DUTV will acquire 47.5% if LTC. That is a commitment by the company to expend funds to meet the terms of this agreement - it is a material financial commitment that should have been stated in the latest 10Q. Specific text of the press release [empahsis added]:

October 03, 2018 (ACCESSWIRE via COMTEX) -- BOSTON, MA / ACCESSWIRE / October 3, 2018 / Digital Utilities Ventures, Inc. (otc pink:DUTV) is pleased to announce it has entered into a strategic partnership with Lakota Tribal Cooperative, LLC (LTC). LTC was created to become the largest grower of commercial hemp in the United States. Their ambitious plan includes the planting of 10,000 to 20,000 acres of hemp in the Spring of 2019. Under this agreement, DUTV will acquire 47.5% of Lakota Tribal Cooperative, LLC in exchange for an investment of up to $50 million.