Key Management Shift Sent These Shares Flying

Key Management Shift Sent These Shares Flying

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, March 1, 2022

It’s a rather rare occurrence to have an executive shift cause drastic price action within the OTC space, however that’s exactly what happened today. A Massachusetts-based healthcare company just announced that Mark K Gaalswyk was recently selected to be the new CEO, according to the release. This sent shares of Digital Utilities Ventures Inc. (OTCPK:DUTV) soaring as the appointee has vast experience in leadership.

Digital Utilities Ventures Inc. operates in the medical segment of the cannabis market. The company's product "CBD" is a cannabis non-hallucinatory compound that is used for the treatment of a wide range of conditions such as arthritis, diabetes, alcoholism, MS, chronic pain, schizophrenia, depression, antibiotic-resistant infections, epilepsy, opioids, and other neurological disorders.

As previously mentioned, traders were bullish on the news as shares popped up to $0.00645/share (+89.71%) at the session high. This move is a strong continuation of the success this micro cap has had over the last three months. 


Copyright © 2022 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Dually-Listed Junior Miner Finds Mid-Week Success
Biotech Soars on Research Collaboration And License Agreement Release
Cannabis Stocks On The Move Amid DEA Reclassification Indication
Most Popular
FREE Newsletter
AllPennyStocks.com Favorites


Back to Top