Revenue will continue to come in but at a much reduced rate. Water losses amounted to ~$1m through 3Q15, and that included a one time booking for the Horizon City system installation. Expect recurring revenues to dip back down to ~150-200k per quarter. The real hit will come from Energy Services. I encourage you to investigate the activity and reach out to the company for further details. I cannot imagine there are ANY crews currently working for the company. But, you'll need to research that independently. Without the construction crews operating, water is simply not enough to keep the lights on and the payroll bills supplied. I anticipate they begin missing payrolls and skipping vendor bills in the next few months, and the doors are shut by 3Q16. They already have some outstanding past due tax payments lingering and the big revenue just didn't materialize and energy is no longer there to push them along. IMO, price target is set for -$0.00- over the next 6 months.
