What does TURV really own | TURV Message Board Posts

Two Rivers Water & Farming Company

  TURV website

TURV   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  7290 of 7310  at  9/23/2020 1:56:29 PM  by

Riskyinvestor


What does TURV really own

 I keep seeing it stated that TURV owns 41% of the dam rights.  However, their are note holders that have claim to the HCIC shares which are the assets that give TURV exposure.  .  I have a hard time understanding why the 41% of HCIC note holders pledged to TURV don't just sell out to Great Plains.
 
There is also other debt on the TURV balance sheet, not least of which is the $5 million in interest owed to the pref. shareholders that is carried as a current liability.  We don't hear much about the Pref holders. I hope they have good legal council. I would think that TURV would need to settle out their current liabilities before they could fund dam expenditures.  
 
I think the TURV saga is coming to a head soon. Any guesses as to how much hard cash GH parlays his worthless shell companies into?  A $.20 sale of TURV nets him $6 million.  Not bad for a few years work.   


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 0     Views: 151
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
7291 Re: What does TURV really own // Risky LDM 0 9/23/2020 4:50:07 PM






Financial Market Data provided by
.
Loading...