Summary An 8-K filed on 12/30/15 indicates that Cadiz Inc. (NASDAQ:CDZI) has leased part of its farmable land for a one-time payment of $12M, with the remaining land an option for $43M The land is being leased to the company’s […]
GeoInvesting believes Cadiz has no choice but to issue equity in order to meet obligations to keep the business running. We continue to stand by our analysis that Cadiz Inc. is worth $0.
For those unfamiliar with our work on Cadiz, we would encourage you to read our two articles detailing why we think the company is worthless. They are linked below. Just this week, a new development in the CDZI story has […]
We Still think Cadiz is Worthless, Part 2: So. Cal. Metropolitan Water Department â€œNot Pursuingâ€ CDZIâ€™s Water Project
Even if you don’t agree with our conclusion on Cadiz Inc. (NASDAQ:CDZI) — a conclusion that states that CDZI’s sole project is extremely unlikely to materialize (which we will reiterate with new MWD commentary) — the capital that the company […]
Summary A letter on October 5th from the California State Office of the Bureau of Land Management continues to paint a bleak picture for CDZI’s focus — its ongoing “water project”. This reconciles with, and further validates, past critical articles […]