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BBP1990

03/07/16 5:24 PM

#3075 RE: Prudent Capitalist #3074

3Q revenues are very misleading. If you consult the notes to the financials, the water revenue was $1,063,219 in 3Q, but only $1,330,989 through 9 months. Looks great sounds great, but $934,558 of that 3Q was a one time revenue booking due to the completion of the Horizon City RO facility. This is not a ramping up of recurring revenues.