The following two excerpt are from the most recent 10Q, compare "Digital Utilities ,Inc."
E. principal products or services, and their markets;
Through its subsidiary, Digital Utilities, Inc., Digital Utilities Ventures, Inc. has designed an effiecient real time video transport system for the internet because of the strict bandwidth, loss and time constraints and the lack ofquality of service (Qos) guarantees from the present IP networks. The company present an end-to-end system architecture
Principles of Consolidation
The accompanying consolidated financial statements include the financial statements of Digital Utilities Ventures, Inc. for the period of inception through November 30, 2013 consolidated with the financial statements of Torq Communications, Inc, (formerly Digital Utilities, Inc.) for the period of establishment through November 30, 2013. All intercompany transactions and balances have been eliminated in the consolidation.
D. The number of shares sold;
1) 2,000,000,000
2) 302,000,000
3) 8,478,490
4) 456,000,000
5)173,603,584
6) 300,000,000
7) 167,074,500 TO BE ISSUED
E. The price at which the shares were offered, and the amount actually paid to the issuer;
1) $6,000,000.00
2) $51,500.00
3) Dividend
4) $31,000.00
5) Preferred converted to Common
6) $30,000.00
7) $222,951 Subscribed
F. The trading status of the shares; and
1) Restricted
2) Free Trading
3)Restricted
4) Free Trading
5) Free Trading
6) Free Trading
7) Restricted
Item #4 above of the $31,000.00 Joseph C. Passalaqua gets $6,400.00 of it equating to 94,142,000 common shares Acqua and Enna Sheveleva hold the rest of the $31K
The 10Q also identifies that 3,409,654,798 (REALLY ?????) common shares have been issued......add up what is identified in the 10Q who has what (common shares) excluding TORQ M&A
2,117,537,000 McHenry
947,444,000 Joseph C. Passalaqua $6,400.00
164,748,390 Acqua Marine $11,200.00
197,109,680 Enna Sheveleva $13,400.00
______________ _____________
3,426,839,070 REALLY ????? $31,000.00
Your Now Getting The Picture
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