Two Rivers Water and Farming Co. (fka TURV)

[tigerpac]

Read the transcript of the conference call. The only thing that they are certain of is that there will be more dilution of the stock thru convertible offerings. They admitted that Two Rivers has been a leaking ship for years with litigation and debt senior to theirs.

They are going to try and fix it but of course no guarantees. And with the complex structure of all the new companies it could be easy for them IMO to divert revenue and profits if something starts going wrong with the public shell.

Large capital infrastructure is still required and State of Colorado has had it up to here with the company with dam and will never loan them money.

I expect the water rights issues and dam repair to be shelved and given away free to some other investor group because the Two Rivers name is mud to the State. As long as that group assumes some of the liabilities. And maybe TURV can work a deal with a new group to get back some of it's rights.

No guarantee that revenue will be anywhere near forecasted. All it takes it one severe storm to ruin everything.