Two Rivers Water and Farming Co. (fka TURV)

[tigerpac]

Company filed an 8-K a few days ago requesting additional time to file their year end. At the bottom of the 8-K was this gem:

The Company supplements the following risk factor due to the uncertainty of the COVID-19 outbreak:

The current phase of the Company’s business plan requires the investment of additional capital to support the preservation and improvement of assets which are critical to the Company maintaining its value for stockholders and ensuring continued performance. The impact of COVID-19 on investors has been significant and therefore has a direct effect on the Company at this time.

The Company currently requires the investment of additional capital. Efforts to raise such capital have been hampered due to the impact of COVID-19, which includes the fact that the capital markets have been extremely unpredictable and volatile, causing some potential investors to refrain from making any new investments. Given the uncertainty of the nation’s and the world’s economy for the near-term, some potential investors have been reluctant to risk any cash.

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What an out for the current management. They were on the ropes long before COVID-19 and now the get to spin a different narrative. Wonder how many suckers will buy the story they are selling?