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The Company is engaged in the acquisition and development of land and groundwater resources in the United States.
I just don't understand how this company can have such a high valuation.It can hardly earn 1 million in revenue. Its losing millions in free cash flow. And yet, it has a market cap of 130 million. WHY? It seems to me there is no common sense among today's investors/speculators.
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bad stats. all stars hate it
Rocky road short be back when things cool off.
La needs water and water storage and I think la metro will loose in the court trial that is going on now. Might be more than $200 million damages that will be payed out and then they will still have the land for energy production ie wind/solar in addition to the land.
This company has nothing to offer! So it owns land in southern California.....they are hinging their future on water in a place that has no water! Buyer beware on this one!
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