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Two Rivers Water and Farming Co. (TURV)

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Last Post: 7/16/2020 1:56:43 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) 07/17/2020 09:30:49 AM
TURV News: Current Report Filing (8-k) 04/29/2020 06:09:21 AM
TURV News: Initial Statement of Beneficial Ownership (3) 04/28/2020 06:19:14 PM
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#1068   Somethings brewing Stock_Dog 07/16/20 01:56:43 PM
#1067   This was probably posted some time ago but tigerpac 06/26/20 09:55:22 AM
#1066   Wheres the 10q? conquistidor 06/22/20 11:38:57 AM
#1065   Buried at the bottom of today's 8-K: tigerpac 04/29/20 07:18:24 PM
#1064   They hiding my bid i had put in simon song 04/20/20 01:14:06 PM
#1063   First things first, technicals most certainly matter in pennies. Floppyplants 04/20/20 10:10:54 AM
#1062   Moving averages or technicals don't matter in penny tigerpac 04/20/20 09:49:19 AM
#1061   Expecting a pull back to $0.05 ~ $0.06 simon song 04/19/20 10:31:00 AM
#1060   Does it matter? Lots of volume, and an Floppyplants 04/18/20 06:02:42 PM
#1059   Looks like a couple of parties trading to tigerpac 04/16/20 10:27:15 AM
#1058   If this thing cracks .04, it could have Floppyplants 04/08/20 10:41:49 PM
#1057   Company filed an 8-K a few days ago tigerpac 04/02/20 08:36:13 PM
#1056   Sure sounds complicated....drag it on for another year imo….. tigerpac 03/30/20 01:26:37 PM
#1055   Some large sells below .02 this morning . tigerpac 03/09/20 12:15:06 PM
#1054   Added here.TURV Liquid1974 02/22/20 08:10:27 PM
#1053   Got to love the action today. Two tigerpac 02/21/20 11:57:36 PM
#1052   TURV is the NEXT BANGER - GOOSE AIN'T PLAYIN!!! Kobe Ginobili 02/21/20 10:25:44 AM
#1051   New symbol TURD willlbone 01/14/20 10:07:16 AM
#1050   I'm a bit sorry as it could have lnghold 12/12/19 07:08:49 PM
#1049   The company wants you to think they have tigerpac 12/10/19 06:14:58 PM
#1048   Anyone buying ? Stock_Dog 12/05/19 05:54:26 PM
#1047   https://otcbb.swingtradebot.com/equities/TURV mick 12/01/19 11:02:39 AM
#1046   just sell, run away... nealhugh 11/15/19 12:00:18 PM
#1045   LET THE GAMES BEGIN chico hombre2 11/13/19 08:45:10 PM
#1044   Surprised it took this long to fall back tigerpac 11/13/19 10:23:22 AM
#1043   pump dump .11 to .60 was great nealhugh 11/11/19 08:21:21 PM
#1042   Hope the shareholder letter was a real eye tigerpac 11/08/19 10:56:07 AM
#1041   https://otcbb.swingtradebot.com/equities/TURV:OTC mick 11/04/19 01:08:18 PM
#1040   my view also: nealhugh 10/24/19 07:07:41 AM
#1039   $TURV Tier_Change: Pink Current to OTCQB Golden_Cross 10/17/19 06:17:55 AM
#1038   BUT who knows who stole all the money! lnghold 10/15/19 06:19:51 PM
#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
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