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BBP1990

03/18/16 11:58 AM

#3105 RE: Prudent Capitalist #3103

Revenue will continue to come in but at a much reduced rate. Water losses amounted to ~$1m through 3Q15, and that included a one time booking for the Horizon City system installation. Expect recurring revenues to dip back down to ~150-200k per quarter. The real hit will come from Energy Services. I encourage you to investigate the activity and reach out to the company for further details. I cannot imagine there are ANY crews currently working for the company. But, you'll need to research that independently. Without the construction crews operating, water is simply not enough to keep the lights on and the payroll bills supplied. I anticipate they begin missing payrolls and skipping vendor bills in the next few months, and the doors are shut by 3Q16. They already have some outstanding past due tax payments lingering and the big revenue just didn't materialize and energy is no longer there to push them along. IMO, price target is set for -$0.00- over the next 6 months.

BBP1990

03/19/16 9:48 AM

#3107 RE: Prudent Capitalist #3103

LMAO, great stuff. Article paid for with shares and cash, cash they don't have. Very concerning we've heard no real news in 3 months and the last we heard they were $670k overdrawn and losing an average of 300k/Q on water assets. I cannot wait to hear what the promoters have to say when we see the 10K. Probably a lot more patience needed. LMAO.

BBP1990

03/19/16 3:10 PM

#3110 RE: Prudent Capitalist #3103

This is a non story. These systems have been at these levels for a decade or more and the governing regulatory bodies have been aware. The notion that some piddly corporation in midland Teas on the verge of bankruptcy is well positioned to take advantage is just laughable. Keep reaching. To -0- in 6mos.