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Two Rivers Water and Farming Co. (TURV)

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Last Post: 9/20/2018 3:09:24 PM - Followers: 42 - Board type: Free - Posts Today: 0




In 2014, we formed our subsidiary, GrowCo, Inc. (“GrowCo”).  GrowCo’s focus is to become the number one provider of greenhouses, related infrastructure, and services to growers of cannabis, in states where such activity is legal.  At this time, GrowCo does not “touch the plant”.   In 2015, our first greenhouse was constructed and partially finished.  Our initialtenant, Suncanna, began paying rent for the entire first greenhouse and warehouse effective September 1, 2015 and began partial occupancy in October2015.  Subsequently, in 2016 Suncanna was evicted and all accrued rent was written off.  In 2016 we entered into lease agreements with a related party,Johnny Cannaseed, for our first two greenhouses.  The first greenhouse was 50% occupied on December 1, 2016 and rent began to accrue as of that date.  The second half of the greenhouse began to accrue rent on March 2, 2017.  We expect the second greenhouse to be completed by mid-2017 and be occupied and accrue rent at that time.

Lease revenue is recognized monthly at the end of each month.  Total lease payments under the 120-month lease agreement for 50% of the GCP1 greenhouse, which are $21,433,000, is divided by the lease term.  Therefore, the average lease rate per month is $179,000 for one half of the total greenhouse. This spreads the total amount of the lease payment stream over the life of the lease.  Total expected monthly revenue from greenhouse leasing, once the 2nd one is completed in mid-2017, is $716,000 (or $8,592,000 annualy). 

http://vintagevalueinvesting.com/how-to-invest-in-water-like-michael-burry-from-the-big-short/

http://www.2riverswater.com
 
 
 
 
 
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TURV News: Current Report Filing (8-k) 09/12/2018 05:17:23 PM
TURV News: Current Report Filing (8-k) 09/05/2018 03:32:20 PM
TURV News: Current Report Filing (8-k) 08/20/2018 02:58:32 PM
TURV News: Current Report Filing (8-k) 08/14/2018 02:49:55 PM
TURV News: Quarterly Report (10-q) 08/13/2018 04:12:05 PM
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#919   @stewdomer AXNMAN 09/20/18 03:09:24 PM
#918   @stewdomer 44s44 seconds ago AXNMAN 09/20/18 03:06:03 PM
#917   MORE FROM "MING" ... AXNMAN 09/19/18 11:33:51 AM
#916   FROM MY FABLED STOCK -PICKER FRIEND ...who AXNMAN 09/19/18 11:30:18 AM
#906   They only way to make money on this tigerpac 09/12/18 11:01:37 AM
#905   50% up , lol booooyahhhhhh ;) Impacto 09/12/18 10:23:04 AM
#904   Barely any revenues, issuing shares to pay off tigerpac 09/11/18 09:09:57 PM
#903   Oversold adding ;) Impacto 09/11/18 12:18:16 PM
#902   Holding really nice, I will bounce nice soon ;) Impacto 09/10/18 03:25:08 PM
#901   Buying buying buying;) Impacto 09/10/18 11:32:00 AM
#900   @stewdomer 23h23 hours ago AXNMAN 09/05/18 07:21:18 PM
#899   $TURV ...wow !!! Looks higher ! another reason... AXNMAN 09/05/18 07:10:55 PM
#898   GrowCo CEO John McKowen has a new venture. tigerpac 09/03/18 11:14:45 AM
#897   The company has no money to fix anything> tigerpac 09/03/18 11:06:22 AM
#896   AUG 31 $TURV .." UNDER A BUCK " CLUB...CHART ANALYSIS, AXNMAN 08/31/18 05:10:51 PM
#895   So as recently as the 8th of this AXNMAN 08/31/18 10:01:42 AM
#894   Either of these possibilities should immediately bring AXNMAN 08/31/18 10:00:47 AM
#893   Based on all of the above, the AXNMAN 08/31/18 09:59:50 AM
#892   Ming has studied the TURV SEC filings. He AXNMAN 08/31/18 09:59:07 AM
#891   TURV has zero money, zero money coming in, lnghold 08/30/18 12:31:15 AM
#890   https://pbs.twimg.com/media/DlyY9nFU8AA2IfE.jpg AXNMAN 08/29/18 04:11:29 PM
#889   FROM .... AXNMAN 08/29/18 04:09:58 PM
#888   Makes absolutely no sense. tigerpac 08/29/18 12:20:57 PM
#887   $TURV...From " Ming the Merciless " ...Actually a AXNMAN 08/28/18 09:47:52 AM
#886   $TURV ...what a combo = HEMP AND WATER AXNMAN 08/28/18 09:47:06 AM
#885   Re: The rest of the story. AXNMAN 08/28/18 09:45:55 AM
#884   Two Rivers has settled a lawsuit brought by tigerpac 08/20/18 07:42:16 PM
#883   The company is doomed imo. tigerpac 08/14/18 05:43:26 PM
#882   Welcome to a typical Friday! grogreen 08/12/18 11:52:28 AM
#881   And today's the dump. Some group made up tigerpac 08/10/18 09:39:48 AM
#880   IMO target on this pump is 40 cents tigerpac 08/09/18 11:38:54 AM
#879   McKowen has a new or another publically traded company..... tigerpac 08/08/18 02:06:18 PM
#878   No public news release but stock has traded tigerpac 08/08/18 02:01:21 PM
#877   Come harvest TURV will turn a profit Stink7 07/25/18 07:23:20 PM
#876   IMO - Hemp Farming Bill passage in next Gath1970 07/22/18 11:53:23 AM
#875   I agree, I just read the 10Q- No Drugdoctor 07/22/18 11:11:46 AM
#874   The downward spiral of the stock price continues. tigerpac 07/10/18 01:10:15 PM
#873   Withdrawal of Registration Statement (rw) Edgar (US Regulatory) mick 06/10/18 02:28:37 PM
#872   Quarterly Report (10-q) Edgar (US Regulatory) - 5/14/2018 mick 06/10/18 02:28:29 PM
#871   Annual Report (10-k) Edgar (US Regulatory) - 4/9/2018 mick 06/10/18 02:28:08 PM
#870   http://www.barchart.com/detailedquote/stocks/TURV mick 06/10/18 02:27:28 PM
#869   Two Rivers Water & F (TURV) mick 06/10/18 02:27:22 PM
#868   New blog post from McKowen...first in many months tigerpac 06/07/18 09:10:32 AM
#867   $TURV...quiet now , but get ready to buy...besides AXNMAN 05/30/18 08:54:08 PM
#866   GrowCo and GrowCo Partners 1, LLC v. Harding tigerpac 05/24/18 01:20:52 PM
#865   Finally cut thru 20 cent level to the downside. tigerpac 05/22/18 07:56:19 PM
#864   10-Q is out . Results are pitiful tigerpac 05/16/18 09:25:18 AM
#863   I'm not in it either. I feel badly lnghold 04/23/18 02:20:11 PM
#862   Yup...that's why I'm in neither. tigerpac 04/18/18 02:30:15 PM
#861   This is going to 0 as ngbl friend tigerpac... jpowellvlc 04/18/18 02:26:26 PM
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