|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0570 - 0.0684|
|52 Week Range||0.0120 - 0.1959|
|Beta (5Y Monthly)||3.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 14, 2020 - May 15, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
DENVER, Colorado, April 27, 2020 -- Two Rivers Water & Farming Company (“Two Rivers” or the “Company”) (OTCQB: TURV), a strategic company that acquires, manages and.
Two Rivers Water & Farming Company (“Two Rivers”) (TURV), a strategic company that acquires, manages and develops the infrastructure of various agricultural industries including land and water rights, and WaterVault America Inc. (“WaterVault”), an unaffiliated, Colorado Public Benefits Corporation, dedicated to creating sustainable economic development in rural communities, today announced that both companies have entered into a Definitive Agreement for WaterVault to acquire water rights of Cucharas Valley No. 05 Dam and Reservoir (“Cucharas Dam”). Two Rivers has agreed to sell their controlling 94.7% interest in HCIC Holdings, LLC, which owns 5,062 shares of the 132-year-old, mutual benefit company Huerfano-Cucharas Irrigation Company (“HCIC”), a mutual irrigation company and owner of water infrastructure assets and infrastructure rights in Huerfano County, including the Cucharas Dam.
In my last letter I shared with you that after taking the position of interim CEO and CFO for Two Rivers, our major focus was on an internal review of the company's operations and expenditures, which included launching an ongoing internal audit of the Company’s contracts, commitments and obligations in place prior to my involvement. One of our Special Projects that resulted from this initiative was a thorough investigation around the facts and circumstances surrounding certain convertible securities controlled by three or more purchasers (the "Noteholders"), that the Company held.