Digital Utilities Ventures Completes Feed Earth Now Merger - Accelerates Growth of Regenerative Agriculture Movement

Rhea-AI Summary

Digital Utilities Ventures (DUTV) has successfully acquired Feed Earth Now, expanding its footprint in the regenerative agriculture sector. The merger aims to leverage innovative, organic solutions to address global fertilizer shortages and improve soil, water, and air quality. CEO Mark Gaalswyk will lead the consolidated entity, while Cathy Scratch will continue as CEO of Feed Earth Now. The company’s flagship product, Terreplenish, is a USDA-certified, organic microbial solution designed to enhance soil health and sustainability. The merger is expected to boost the profitability of local agricultural co-ops and suppliers, providing more sustainable and cost-effective farming solutions. Additional benefits include increased nitrogen levels in compost and reduced methane emissions.

Positive

• Successful acquisition of Feed Earth Now completed on May 16, 2024.
• Terreplenish, a USDA-certified organic microbial solution, is central to the company's regenerative agriculture strategy.
• DUTV aims to improve water quality and reduce nitrate runoff without impacting crop production.
• The merger enhances DUTV's capabilities to deliver innovative solutions globally.
• Increased nitrogen levels in compost by up to 50% and reduced methane emissions.
• Opportunity to expand product offerings and improve the profitability of local agricultural co-ops.
• Focus on sustainable and cost-effective farming solutions.

Negative

• No specific financial terms of the acquisition disclosed, leaving investors unclear on cost implications.
• Potential risks associated with the integration of Feed Earth Now's operations into DUTV.
• Uncertainty about the scalability and commercial viability of the Terreplenish product.

MANKATO, Minn., May 16, 2024 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC Pink: DUTV) is pleased to announce the successful acquisition of Feed Earth Now, LLC. The consummation of this transaction is a significant step forward in DUTV's mission to leverage innovative, organic products to address global fertilizer shortages through the advancement of regenerative agriculture principles. Mark K. Gaalswyk, the enterprising DUTV CEO behind this initiative, will lead the newly consolidated entity, bringing his vast experience and innovation to the forefront. Cathy Scratch, the visionary founder of Feed Earth Now, will continue in her capacity as CEO of that subsidiary. Ron Doetch, Senior Agronomist, will continue in his role as head of Research & Development for Feed Earth Now.

Feed Earth Now, LLC is focused on microbial soil amendment technology, and this merger presents a significant opportunity for DUTV to transform the regenerative agriculture movement by offering innovative solutions for soil, water, and air quality.

“I am excited for the opportunity to improve water quality without hurting crop production,” said DUTV CEO Mark Gaalswyk. “We have a true solution to the growing nitrate runoff problem that is plaguing our rivers and streams…an environmentally sound solution that still protects the important interests of our nation’s farmers.”

Terreplenish^® is USDA certified and a CDFA registered organic solution that embodies the true spirit of regenerative agriculture by allowing soil, water, and the atmosphere to have a symbiotic relationship.

As a waste and recycling consultant, Founder Cathy Scratch saw first-hand the food waste generated daily and going into landfills. Terreplenish was developed from her realization that recycled food combined with the correct microbes offered a regenerative solution that improves and sustains the environment on every level. “An analogy I like to use is what probiotics do for the performance of the human body, Terreplenish^® does for soil. Regenerative agriculture, in conjunction with Terreplenish^®, creates a diverse environment where microbes flourish and allows carbon molecules and other nutrients to be absorbed back into the soil. This process continues to regenerate the soil…reversing decades of chemical toxicity…allowing the soil to sustain itself naturally."

Bill Bliler, Director of Business Development, stated: “This is a unique opportunity to expand our product offering and work in tandem with agriculture co-ops and rural suppliers to produce our proprietary certified microbial solution locally with our fully automatic Easy FEN modular system (patents pending.) It will do so while also dramatically improving the profitability of the local ag coop. No matter what part of the country…or what part of the world…a grower is located, we can be a local solution for increasing your production, lowering your costs, enhancing environmental compatibility and keeping significant profits in rural communities.”

Aside from the benefit to over 100 different grain crops, fruit, and vegetables…extensive tests have shown Terreplenish^® to be effective in the treatment of food & crop compost…accelerating decomposition while substantially reducing odor and the release of methane gas. The remaining usable compost exhibits available nitrogen level increases of up to 50%...while pH levels are lowered and valuable moisture is retained.

CEO Mark Gaalswyk further states: "This is a transformative moment for DUTV. By combining the forces of the various entities, we are significantly enhancing our capabilities to deliver innovative solutions on a global scale. Our shared vision for a sustainable future drives us to continuously develop technologies that can address the world’s most pressing issues. As we move forward, our focus will remain on driving innovation, expanding our reach, and making a meaningful impact. We look forward to working with our shareholders, partners, and the global community throughout this exciting journey towards a brighter, more sustainable future."

For more information about Digital Utilities Ventures, Inc. and its innovative solutions, please visit https://www.easyenergysystems.com/

About Digital Utilities Ventures, Inc.

Digital Utilities Ventures, Inc. (OTC Pink: DUTV) is an innovative company focused on utilizing disruptive modular technologies to solve major world problems. With a strong commitment to sustainability and efficiency, DUTV aims to revolutionize various industries through its unique approach to manufacturing and technology development.

Forward-Looking Statements

This press release includes statements that may constitute ''forward-looking'' statements, usually containing the words ''believe,'' ''estimate,'' ''project,'' ''expect'' or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

For information on Easy Energy Systems, Inc.: www.easyenergysystems.com

For information on Easy Energy Finance, Inc.: www.easyenergyfinance.com

For information on Terreplenish: www.terreplenish.com

For more information, please contact:

Mark K. Gaalswyk, CEO
https://www.duventures.com
Phone: 952-400-6045
Email: info@duventures.com

FAQ

What is the significance of DUTV's acquisition of Feed Earth Now?

The acquisition aims to enhance DUTV's regenerative agriculture solutions, addressing global fertilizer shortages and improving soil, water, and air quality.

When was the acquisition of Feed Earth Now by DUTV completed?

The acquisition was completed on May 16, 2024.

What is Terreplenish and why is it important for DUTV?

Terreplenish is a USDA-certified organic microbial solution designed to enhance soil health and sustainability, central to DUTV's regenerative agriculture strategy.

How does DUTV plan to improve the profitability of local agricultural co-ops?

DUTV plans to use its Easy FEN modular system to produce its proprietary microbial solution locally, reducing costs and increasing efficiency.

What are the environmental benefits of Terreplenish?

Terreplenish increases nitrogen levels in compost by up to 50%, reduces methane emissions, and retains valuable moisture, contributing to improved soil health.

Who will lead the newly consolidated entity after DUTV's acquisition of Feed Earth Now?

DUTV CEO Mark Gaalswyk will lead the consolidated entity, with Cathy Scratch continuing as CEO of Feed Earth Now.