All we know is TORQ was acquired for DUTV common shares which haven't been released yet. TORQ acquisition was finalized in late January or early Feb...can't remember exact date on UTAH filings. So there was a possibility revs could have been posted.
TORQ came in with about 600k in receivables and 400k in debt/payables. The receivables could be outstanding from months or years...nobody really knows since there were no details. IMO, if they had a gem they would have told investors about it a long time ago...hence the delay in filings.
Bottom line is...they didn't go into detail about what TORQ is, where revenues would come from, etc... Also for a company supposedly bringing in 17 million in revenues...only 31k in cash?>???
Also, IMO, delay in releasing the shares for TORQ acquisition could mean dilution is coming and R/S. I know there are other scenarios but we could sit here all day and argue over something we really don't know might or might not happen. Odds are against the shareholder in the OTC...which is why most TRADE these stocks and do not hold. Good luck.
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