Digital Utilities Ventures Inc (DUTV)

[SUNYN75]

This is what makes a good CEO. When the PR came out, they were hammering out the final details. There is general agreement at that point that is is a "GO" based upon contingencies, most importantly a look at the "BOOKS". At that point it is not Gary M. that does it , he hires a legal and accounting team to "ANALYZE" the books, warrents, debt, shares, lawsuits,EBITDA. "YOU MUST KNOW WHAT YOU ARE BUYING"
As in the "LEGAL REVIEW" the Attourney provided a "Base Review" stipulations and changes were necessary. We heard about the "Final Product". They have been looking at the books for weeks now.
Once that comes together, the final agreement will be signed. Then the TORQ M&A details will be released. If things are good, 4 months from the date of the PR of the M&A is reasonable (2 MAY, 2012). Understand that TORQ was "CURRENT" with OTC as of Monday 09/10/2012 but you cannot pull it up on OTC. That was a condition, translating to "AUDITED FINANCIALS" released FOR TORQ.
I would guess PR within the next 10 Business days. Understand the "Primary" in this case is Gary M. and you as a CEO always maintain "THE FIRST RIGHT OF REFUSAL". TRANSLATION you found something not disclosed in the initial negeotiation that you reach agreement on and move forward. Do not loose site of the fact, it must be a good deal for TORQ as well. They have Employees to consider.

Folks are anticipating and taking the time to perform their own DD with the positions they have. I have posted a few excerpts from Bloomberg. Everyone sees this if they are truely "FIRST TO CRACK THE CODE FOR IPTV" they will own all the rights and can dictate the terms and Conditions.

Regards

Sunny