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BBP1990

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BBP1990

Re: Prudent Capitalist post# 3074

Monday, 03/07/2016 5:24:29 PM

Monday, March 07, 2016 5:24:29 PM

Post# of 3534
3Q revenues are very misleading. If you consult the notes to the financials, the water revenue was $1,063,219 in 3Q, but only $1,330,989 through 9 months. Looks great sounds great, but $934,558 of that 3Q was a one time revenue booking due to the completion of the Horizon City RO facility. This is not a ramping up of recurring revenues.
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