Shares of Digital Utilities Ventures Inc. (PINK: DUTV), an intellectual property company and advanced technology incubator, are trading 41.67% lower in today’s session.
The penny stock of DUTV saw a huge rally in Tuesday’s trading session ending the day 1100% higher at $0.0012.
Digital Utilities Ventures shares surged after the company announced that its planned launch of the First Open Source TV Network that will empower TV viewers to create and broadcast their own programming via an exclusive broadcast channel for the Internet Protocol TV (IPTV) market.
Garry McHenry, CEO of Digital Utilities, said that DUTV is harnessing the communication tsunami to create the first broadcast channel for the Internet TV Revolution and once launched, the company’s website will allow users to develop their own content and upload it to its broadcast channel.
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