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Two Rivers Water and Farming Co. (TURV)

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Last Post: 10/10/2019 4:18:03 PM - Followers: 49 - 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
 
 
 
 
 
TURV
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TURV News: Current Report Filing (8-k) 09/26/2019 04:20:15 PM
TURV News: Current Report Filing (8-k) 09/13/2019 05:25:10 PM
TURV News: Current Report Filing (8-k) 09/11/2019 04:06:10 PM
TURV News: Current Report Filing (8-k) 09/11/2019 06:30:43 AM
TURV News: Current Report Filing (8-k) 09/10/2019 04:05:54 PM
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#1036   Seems like a lot of folks are waiting nealhugh 10/10/19 05:20:31 AM
#1035   Seems like a lot of folks are waiting tigerpac 10/09/19 10:23:27 AM
#1034   yeah, waiting for .11 again... nealhugh 10/09/19 02:44:58 AM
#1033   It is shown on the OTCM... GL Golden_Cross 10/08/19 02:46:41 AM
#1032   Could you post a link, please that indicates bcblbrbm 10/08/19 02:38:27 AM
#1031   TURV: Tier Change OTCQB to Pink Current Golden_Cross 10/07/19 01:28:48 AM
#1030   EXDI...another pipe dream IMO. tigerpac 10/02/19 11:24:04 AM
#1029   agree... but what about Val and the 6.7% he nealhugh 10/02/19 09:31:59 AM
#1028   For new investors that are supposed to be tigerpac 09/27/19 05:22:20 PM
#1027   TURV should now drop down... nothing there. nealhugh 09/21/19 04:41:20 AM
#1026   tiger--- OK, got that. Expected, eh? nealhugh 09/16/19 08:12:37 PM
#1025   A deal/settlement that satisfies them but NOT the tigerpac 09/16/19 10:25:36 AM
#1024   CannaSMOKE yuch! & DILUTION, and let's see the nealhugh 09/16/19 03:59:05 AM
#1023   I am watching but I also think Val nealhugh 09/15/19 05:19:08 AM
#1022   But Greg and Val will understand each other nealhugh 09/15/19 05:16:56 AM
#1021   Judging by The Ripoff Reports on this guy tigerpac 09/14/19 10:31:12 AM
#1020   What I have been following as well on nealhugh 09/14/19 03:59:49 AM
#1019   As I said before "a fool and his lnghold 09/13/19 05:10:03 PM
#1018   Going back over the message board posts from tigerpac 09/13/19 10:22:25 AM
#1017   'Tigger'--- my best cat 1950-1968...You are right tp... nealhugh 09/13/19 12:38:13 AM
#1016   I love how someone on this board is tigerpac 09/12/19 07:52:22 PM
#1015   This whole reverse merger was nothing more than tigerpac 09/11/19 04:31:23 PM
#1014   SOLD my entire position. All previous thoughts hempspeculator 09/11/19 02:31:31 PM
#1013   Read the transcript of the conference call. tigerpac 09/11/19 10:20:11 AM
#1012   One passenger, Daniel Lewin, an Internet entrepreneur and nealhugh 09/11/19 06:34:52 AM
#1011   The number one question for today's call is hempspeculator 09/10/19 09:19:55 AM
#1010   $TURV *DIAL-IN CORRECTION* Two Rivers to Host Investor deri21 09/10/19 08:27:29 AM
#1009   Does anyone know a good brokerage firm I Tomber123 09/05/19 02:58:32 PM
#1008   8 day-50 day-200 day-https://www.barchart.com/stocks/quotes/TURV/technical-chart mick 09/03/19 11:49:56 PM
#1007   How silly--- we do not know if they nealhugh 08/30/19 04:35:32 AM
#1006   $TURV Two Rivers to Host Investor Conference Call deri21 08/29/19 11:11:36 AM
#1005   Do you really believe that TURV is actually lnghold 08/28/19 06:44:03 PM
#1004   Tiger, I do not do penny stocks, so hempspeculator 08/27/19 01:52:15 PM
#1003   What are your thoughts on DVLP? Thanks Tiger Money 08/27/19 12:54:14 PM
#1002   Thanks! 2 cents to over a dollar! Tiger Money 08/27/19 12:50:34 PM
#1001   I am LONG EXDI. The company is hempspeculator 08/27/19 10:37:31 AM
#1000   Thanks for the color! Very good. Tiger Money 08/27/19 09:57:15 AM
#999   Great question Tiger. I traded this on hempspeculator 08/27/19 09:29:24 AM
#998   Sorry for such a loaded question as I’m Tiger Money 08/26/19 10:36:12 PM
#997   And "Neal" enough with the drivel and incessant nealhugh 08/26/19 04:39:58 AM
#996   Hopefully my message is better than my spelling, hempspeculator 08/22/19 03:20:12 PM
#995   The demands of the demented amongst the drivel hempspeculator 08/22/19 02:45:11 PM
#994   How convenient that the Vaxa Global website expired tigerpac 08/22/19 10:09:06 AM
#993   Current analysis and stop loss. TURV is hempspeculator 08/21/19 10:08:32 AM
#992   Just read IV board for giggles. If tigerpac 08/19/19 12:53:27 PM
#991   The Dam, The Dam, The Dam cry the hempspeculator 08/19/19 08:52:12 AM
#990   I have rebought my 100,000 shares sold previously hempspeculator 08/16/19 02:08:03 PM
#989   Back to the 30s. willlbone 08/16/19 01:34:12 PM
#988   The only hard numbers that we know for tigerpac 08/15/19 09:41:30 PM
#987   Path forward now becoming clearer. Today's announcement hempspeculator 08/15/19 12:08:06 PM
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