I agree, the ramping up of the revenue from water businesses cannot be denied, but the ramping up of losses from water businesses also cannot be denied. I think I made reference to a lemonade stand or may a girl scout cookie stand being more profitable. Please note below.
Water Revenue for 9months ending Sept $1,330,989. That's fantastic and up 660% from the prior year. But....losses from water businesses were <$1,071,441> up from a loss of <$559,769> the previous year. Seems like maybe we would rather them not earn so much money in water?
Simply put, and cannot be denied, water loses money every single quarter. You cannot find a quarter that they did not lose money. I also encourage you to check out the segment (corporate operations)...which lost $6.1m over the first 9months of the year.
