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MANKATO, Minn. - Digital Utilities Ventures, Inc. (OTC:DUTV), with a market capitalization of $38.2 million, announced Thursday that FINRA has completed processing its corporate action, finalizing the company’s acquisition of Lifestyle Dock Company, LLC and approving its name change to Easy Environmental Solutions, Inc. According to InvestingPro data, the company’s stock has declined nearly 16% in the past week.
The company will begin trading under its new ticker symbol EZES on October 30, 2025, according to the press release. Currently trading at $0.01, the stock is 83% below its 52-week high of $0.04. The company also plans to implement a previously announced reverse stock split as part of its strategy to meet eligibility requirements for uplisting to the OTCQB Venture Market once its ongoing audit is completed.
The acquisition of Lifestyle Dock Company, a manufacturer of luxury docks with an East Coast manufacturing facility, expands the company’s product portfolio and provides a new production base. The acquired company’s revenues will be consolidated into financial statements in the next reporting period. InvestingPro analysis indicates a weak overall financial health score of 1.47, with additional insights available to subscribers.
"The finalization of this process is further confirmation of the momentum we’ve been building across our operations," said Mark Gaalswyk, CEO of Easy Environmental Solutions, in the statement. Despite this optimism, InvestingPro data shows the stock has experienced a decline of over 21% in the past six months.
The company states it is continuing to advance commercialization of its NanoVoid and EasyFEN systems, which it describes as technologies designed for recurring revenue in water treatment, food waste conversion, and sustainable agriculture markets.
The announcement represents the latest step in the company’s ongoing corporate transformation as it shifts focus toward environmental solutions and sustainable technologies, based on information provided in the company’s press release.
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