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Alpha Investor

05/20/14 6:37 AM

#3896 RE: btm #3895

*** WATER QUESTION/CONSUMPTION ANSWERED *****

recently there has been a lot of controversy surrounding the amount of water swet uses and how it would use so much it would nearly deplete the cities water. I called the company and listened to the conference call again
..

if you recall swet intends use 8 acres of water... 8 acres water x 325k roughly= around 2.6 billion gallons of water that is the TRUTH. However

Fact: city San Luis has many thousand mile acre farming areas include nation leader in lettuce production.

Fact: the city's net water is around 106 acres of water 8 of 126 is around what 13%. True a lot but a far cry from close to a hundred!

Fact: most of the water injected will be recollected and recycled for use in a storage basin somewhere near top of the structure.

Fact: City San Luis agreed sell water for at least 20 years. (50 or 20)

All of this information was pulled from conference call and/or website

another side note.

Pickett plans on reverse split