Water Stocks: Cadiz Inc. (NASDAQ:CDZI) Announces Plan for...
August 20, 2012 Cadiz Inc. is pleased to report today on its objectives for implementation of the Cadiz Valley Water Conservation, Recovery and Storage Project and other asset development programs following the unanimous approval of the Project last month by the Board of Directors of the Santa Margarita Water District .
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#1 Aug 28, 2012
Misleading public relations; let the investors beware. President Scott Slater has no water for storage; nor any means to transport it; yet, any legally established right to pump the proposed water that he has no prior history to.
The proposed water to be pumped is reported to have high concentrations of chromium-6, a human carcinogen. This project is laced with negatives.
The company appears struggling to make a reported payment due next year and has been upside-down in the red for the past two decades. More litigation is expected to be filed this week by conservationists as the statutory period for filing comes due.
Since: Oct 12
#2 Oct 20, 2012
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