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rdragon

05/28/15 12:54 PM

#1133 RE: Prudent Capitalist #1132


Got to love this paragraph.

In a non-dilutive project debt partnership, H2O Investments will provide the capital to drill the production well and build-out a water station to sell water to producers. Additionally, they will construct a short pipeline to implement the sale of water to STW’s municipal water customers. The Company has maintained a monitor well less than a mile away that has already been drilled. The monitor well has been tested and shows production rates of one million plus gallons per day through a much smaller hole size than is planned for the production well. The size of the hole on this production well will be much larger in diameter and the Company is expecting larger volumes of water per day