Latest Two Rivers Water Co. (TURV) Headlines Two
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Posted On: 03/11/2014 10:09:50 PM
Latest Two Rivers Water Co. (TURV) Headlines
Two Rivers Provides Water Solutions for Farming in Water Short West
Marketwire - Thu Feb 20, 8:30AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) ("Two Rivers") (www.2riverswater.com) said its business model is beginning to bear fruit, and vegetables, and water. Two Rivers is executing on its business model and converting low value feed crop farmland into high value fruit and vegetable crop production on the same irrigated farmland. By doing so, Two Rivers generates six times more revenue and profits per irrigated acre. In 2013, the first full year of Two Rivers' fruit and vegetable operations, the Company generated over $2,000,000 in revenues, an increase of over 100% from 2012 revenue. In 2014, the Company will increase its fruit and vegetable acreage and expects to more than double revenues again and make an operating profit.
Two Rivers Appoints New Board of Director
Marketwire - Tue Feb 11, 6:15AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) ("Two Rivers") (www.2riverswater.com) announced today that as a result of the recently completed financing, the Company's Board appointed Mr. Gus Blass III as a director until its next annual meeting of shareholders. Prior to Mr. Blass joining the board, Mr. Brad Walker resigned from the Company's Board thereby maintaining five Board members.
comScore, Inc. Reports Fourth Quarter and Full Year 2013 Results
PR Newswire - Tue Feb 11, 6:01AM CST
comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced financial results for the fourth quarter and full year of 2013. Separately, the Company also today announced that its Board of Directors has appointed Serge Matta as Chief Executive Officer, Dr. Magid Abraham as Executive Chairman of the Board of Directors and Gian Fulgoni as Chairman Emeritus of comScore, all effective March 1, 2014.
Two Rivers Increases Farm Acreage for 2014
Marketwire - Thu Feb 06, 10:50AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it will expand its farm operations to 1,240 acres in 2014 compared to 820 acres in 2013, in response to increased demand for its fruit & vegetable produce.
Two Rivers Management Returns Stock Based Compensation
Marketwire - Wed Dec 11, 11:25AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (OTCQB: TURV) (www.2riverswater.com) announced today that Two Rivers' management and employees have returned stock based compensation for 2013 and 2012. In November 2011, the Company shareholders had approved an incentive compensation package whereby management and employees could potentially receive as much as $1,641,000 in stock based compensation for 2013. In January 2012, Two Rivers' board of directors approved a vesting schedule that provided for the granting of stock to management and employees based on certain criteria being met. In evaluating the criteria, management and the board determined the criteria for granting the stock had not been met and the compensation should therefore revert back to the Company.
Two Rivers Creates Water & Farm Management Company
Marketwire - Fri Nov 22, 5:55AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCQB: TURV) (www.2riverswater.com) announced today it has formed Two Rivers Water & Farm Management ("TRWFM"), a wholly owned subsidiary, for the purpose of acquiring and leasing irrigated farmland for accredited investors. TRWFM has completed its first transactions for an investor, whereby the investor acquired 170 irrigated acres and leased an additional 170 irrigated acres to form a 340-acre farm. The newly formed farm will grow fruits and vegetables for Dionisio Farms & Produce, a wholly owned subsidiary of Two Rivers.
Two Rivers Completes Record 2013 Harvest
Marketwire - Tue Nov 19, 7:25AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (www.2riverswater.com) announced today it has completed its 2013 harvest with $2,014,000 in crop revenue. Crop revenues increased 106% over 2012 crop revenue, despite a historic drought. Two Rivers produced revenue of over $7,000 an acre from its fruit and vegetable acreage and will double its 2014 irrigated acreage dedicated to fruit and vegetable production.
Two Rivers Reports 131% Increase in Revenues
Marketwire - Wed Nov 13, 11:09AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (www.2riverswater.com) reported a 131% increase, year over year, in nine month revenues and a strengthening of its financial position through the elimination of short term debt.
Two Rivers Expands Into Organic Greenhouse Farming
ACCESSWIRE - Tue Aug 13, 6:07AM CDT
Agreement with Circle Fresh Farms
Two Rivers Completes a Total of $12,000,000 in Financing for Arkansas Storage
ACCESSWIRE - Thu Aug 08, 8:30AM CDT
Expands Vegetable Production / Disputes Lower Ark Conservancy Claim
Two Rivers Completes $7.23 Million Refinancing
ACCESSWIRE - Mon Jul 01, 6:05AM CDT
DENVER, CO, July 1, 2013 - (eTeligis via ACCESSWIRE) -- Two Rivers Water & Farming Company ("Two Rivers"), (OTCQB: TURV) (www.2riverswater.com) announced today that it has successfully completed $7.23 million in refinancing of the purchase of the Huerfano Cucharas Irrigation Company (HCIC). HCIC was originally purchased in 2010 for $24,196,000 and was partially financed with seller carry-back notes totaling $9,126,000. The carry-back notes have since been reduced to a principal amount of $7,867,000, which pays 6% annual interest, of which $600,000 is due September, 2015 and the balance is due in June, 2016.
Two Rivers' Directors Elected to Sunset Metro District
PR Newswire - Thu May 16, 6:00AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today that directors supportive of Two Rivers' rotational farm fallowing business model have been elected as Directors of Sunset Metropolitan District. Two of the director's selected terms will expire at the next regular special district election in 2014. The other three director's terms will expire at the second regular special district election in 2016.
Two Rivers Obtains Financing for Arkansas Storage Facility
PR Newswire - Wed May 15, 9:02AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today that it has been granted a loan from the Colorado Water Conservation Board for the first phase of its 25,000 acre-foot Arkansas Storage Facility. The loan will be for $9,999,000 and has an annual interest rate of 1.25% with a 10-year amortization. The first phase, which is identified as Project 1, will be a 4,110 acre-feet storage reservoir and is expected to cost approximately $12,500,000 to complete.
Two Rivers to Acquire Majority Interest in Excelsior Ditch
PR Newswire - Thu May 09, 9:26AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it has signed an agreement to acquire 1,792 shares, or a 53.77% interest, in the Excelsior Irrigating Company from the Arkansas Groundwater Users Association ("AGUA"). Under the terms of the agreement AGUA will receive, as payment for the Excelsior shares, cash, reservoir storage, use of the existing water yielded from the shares and other rights that facilitate AGUA's ability to continue to build a strong augmentation for well users in the Arkansas River basin.
Two Rivers Acquires Control of Metropolitan District
PR Newswire - Wed Mar 27, 6:00AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it has acquired the last remaining parcels of land inside the Sunset Metropolitan District. Two Rivers now owns all land from which electors can vote to seat board members of the Sunset Metropolitan District.
Two Rivers Restores Cucharas Reservoir
PR Newswire - Fri Mar 08, 11:30AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today the storage restriction on the Cucharas Reservoir has been removed. The storage restriction had been on the Reservoir since July 1988. Two Rivers Water and Farming Company was able to complete the restoration with a loan from the Colorado Water Conservation Board. Removal of the restriction is the first step in fulfilling the Colorado State Engineers Dam Safety Office compliance plan for the Reservoir. The restored reservoir can now hold up to 10,000 AF of water. Two Rivers expects to completely rebuild the reservoir in the near future and restore its full storage capacity. The Cucharas Reservoir has an absolute right to store 31,956 AF of water and a conditional right to store 34,404 AF when rebuilt.
Two Rivers Provides Water Solutions for Farming in Water Short West
Marketwire - Thu Feb 20, 8:30AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) ("Two Rivers") (www.2riverswater.com) said its business model is beginning to bear fruit, and vegetables, and water. Two Rivers is executing on its business model and converting low value feed crop farmland into high value fruit and vegetable crop production on the same irrigated farmland. By doing so, Two Rivers generates six times more revenue and profits per irrigated acre. In 2013, the first full year of Two Rivers' fruit and vegetable operations, the Company generated over $2,000,000 in revenues, an increase of over 100% from 2012 revenue. In 2014, the Company will increase its fruit and vegetable acreage and expects to more than double revenues again and make an operating profit.
Two Rivers Appoints New Board of Director
Marketwire - Tue Feb 11, 6:15AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) ("Two Rivers") (www.2riverswater.com) announced today that as a result of the recently completed financing, the Company's Board appointed Mr. Gus Blass III as a director until its next annual meeting of shareholders. Prior to Mr. Blass joining the board, Mr. Brad Walker resigned from the Company's Board thereby maintaining five Board members.
comScore, Inc. Reports Fourth Quarter and Full Year 2013 Results
PR Newswire - Tue Feb 11, 6:01AM CST
comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced financial results for the fourth quarter and full year of 2013. Separately, the Company also today announced that its Board of Directors has appointed Serge Matta as Chief Executive Officer, Dr. Magid Abraham as Executive Chairman of the Board of Directors and Gian Fulgoni as Chairman Emeritus of comScore, all effective March 1, 2014.
Two Rivers Increases Farm Acreage for 2014
Marketwire - Thu Feb 06, 10:50AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it will expand its farm operations to 1,240 acres in 2014 compared to 820 acres in 2013, in response to increased demand for its fruit & vegetable produce.
Two Rivers Management Returns Stock Based Compensation
Marketwire - Wed Dec 11, 11:25AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (OTCQB: TURV) (www.2riverswater.com) announced today that Two Rivers' management and employees have returned stock based compensation for 2013 and 2012. In November 2011, the Company shareholders had approved an incentive compensation package whereby management and employees could potentially receive as much as $1,641,000 in stock based compensation for 2013. In January 2012, Two Rivers' board of directors approved a vesting schedule that provided for the granting of stock to management and employees based on certain criteria being met. In evaluating the criteria, management and the board determined the criteria for granting the stock had not been met and the compensation should therefore revert back to the Company.
Two Rivers Creates Water & Farm Management Company
Marketwire - Fri Nov 22, 5:55AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCQB: TURV) (www.2riverswater.com) announced today it has formed Two Rivers Water & Farm Management ("TRWFM"), a wholly owned subsidiary, for the purpose of acquiring and leasing irrigated farmland for accredited investors. TRWFM has completed its first transactions for an investor, whereby the investor acquired 170 irrigated acres and leased an additional 170 irrigated acres to form a 340-acre farm. The newly formed farm will grow fruits and vegetables for Dionisio Farms & Produce, a wholly owned subsidiary of Two Rivers.
Two Rivers Completes Record 2013 Harvest
Marketwire - Tue Nov 19, 7:25AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (www.2riverswater.com) announced today it has completed its 2013 harvest with $2,014,000 in crop revenue. Crop revenues increased 106% over 2012 crop revenue, despite a historic drought. Two Rivers produced revenue of over $7,000 an acre from its fruit and vegetable acreage and will double its 2014 irrigated acreage dedicated to fruit and vegetable production.
Two Rivers Reports 131% Increase in Revenues
Marketwire - Wed Nov 13, 11:09AM CST
Two Rivers Water & Farming Company ("Two Rivers") (OTCBB: TURV) (www.2riverswater.com) reported a 131% increase, year over year, in nine month revenues and a strengthening of its financial position through the elimination of short term debt.
Two Rivers Expands Into Organic Greenhouse Farming
ACCESSWIRE - Tue Aug 13, 6:07AM CDT
Agreement with Circle Fresh Farms
Two Rivers Completes a Total of $12,000,000 in Financing for Arkansas Storage
ACCESSWIRE - Thu Aug 08, 8:30AM CDT
Expands Vegetable Production / Disputes Lower Ark Conservancy Claim
Two Rivers Completes $7.23 Million Refinancing
ACCESSWIRE - Mon Jul 01, 6:05AM CDT
DENVER, CO, July 1, 2013 - (eTeligis via ACCESSWIRE) -- Two Rivers Water & Farming Company ("Two Rivers"), (OTCQB: TURV) (www.2riverswater.com) announced today that it has successfully completed $7.23 million in refinancing of the purchase of the Huerfano Cucharas Irrigation Company (HCIC). HCIC was originally purchased in 2010 for $24,196,000 and was partially financed with seller carry-back notes totaling $9,126,000. The carry-back notes have since been reduced to a principal amount of $7,867,000, which pays 6% annual interest, of which $600,000 is due September, 2015 and the balance is due in June, 2016.
Two Rivers' Directors Elected to Sunset Metro District
PR Newswire - Thu May 16, 6:00AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today that directors supportive of Two Rivers' rotational farm fallowing business model have been elected as Directors of Sunset Metropolitan District. Two of the director's selected terms will expire at the next regular special district election in 2014. The other three director's terms will expire at the second regular special district election in 2016.
Two Rivers Obtains Financing for Arkansas Storage Facility
PR Newswire - Wed May 15, 9:02AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today that it has been granted a loan from the Colorado Water Conservation Board for the first phase of its 25,000 acre-foot Arkansas Storage Facility. The loan will be for $9,999,000 and has an annual interest rate of 1.25% with a 10-year amortization. The first phase, which is identified as Project 1, will be a 4,110 acre-feet storage reservoir and is expected to cost approximately $12,500,000 to complete.
Two Rivers to Acquire Majority Interest in Excelsior Ditch
PR Newswire - Thu May 09, 9:26AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it has signed an agreement to acquire 1,792 shares, or a 53.77% interest, in the Excelsior Irrigating Company from the Arkansas Groundwater Users Association ("AGUA"). Under the terms of the agreement AGUA will receive, as payment for the Excelsior shares, cash, reservoir storage, use of the existing water yielded from the shares and other rights that facilitate AGUA's ability to continue to build a strong augmentation for well users in the Arkansas River basin.
Two Rivers Acquires Control of Metropolitan District
PR Newswire - Wed Mar 27, 6:00AM CDT
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today it has acquired the last remaining parcels of land inside the Sunset Metropolitan District. Two Rivers now owns all land from which electors can vote to seat board members of the Sunset Metropolitan District.
Two Rivers Restores Cucharas Reservoir
PR Newswire - Fri Mar 08, 11:30AM CST
Two Rivers Water & Farming Company (OTCQB: TURV) (www.2riverswater.com) announced today the storage restriction on the Cucharas Reservoir has been removed. The storage restriction had been on the Reservoir since July 1988. Two Rivers Water and Farming Company was able to complete the restoration with a loan from the Colorado Water Conservation Board. Removal of the restriction is the first step in fulfilling the Colorado State Engineers Dam Safety Office compliance plan for the Reservoir. The restored reservoir can now hold up to 10,000 AF of water. Two Rivers expects to completely rebuild the reservoir in the near future and restore its full storage capacity. The Cucharas Reservoir has an absolute right to store 31,956 AF of water and a conditional right to store 34,404 AF when rebuilt.
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