As near as I can tell, virtually all of TURV assets are encumbered by by note-holders, preferred shareholders, and 2nd and 3rd liens. So there's a good chance that any cash will go to pay the note-holders first, any liens secondly, and thirdly the preferred shares of WaterVault (TURV). Remember TURV still owes the State and seemingly everyone else including the preferred shareholders of WRC and TRCP. That seems to be the way it worked for GrowCo. Also, I'm sure Harrington has some way to get his meat-hooks on the cash (he is a convicted crook, after all), so I doubt it will trickle-down far enough to reach TURV common shareholders.
On the other hand, maybe GP will give TURV access (for a fee) to the water so they can irrigate their dry land and unload it or try to grow some more weed. Just thinking out of the box and grasping at straws.
Here's a serious question. Why is it that, when it was pointed out that the CEO is a convicted felon who did time for Fraud and Theft, and the COB is also a convicted felon who did time for Embezzlement and Theft, all the shareholders didn't cash in and run for the hills? It's like after being told by law enforcement that a Poker game is rigged/crooked---and some people still want to take a seat at the table.