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 largest shareholder, who has the rights to buy it after 20 years for $1 if […]
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 taken place. Major Shareholders Lower Stake in Cadiz On November 5th, Odey Asset Management filed […]
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 would have to raise in order to complete this project would likely be in the […]
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 suggesting that the project is doomed for eventual failure and, as such, the company may […]
On March 24, 2015, GeoInvesting disclosed that it decided to initiate a small speculative long position in Goldfield Corp (GV) ahead of its Q4 2014 financial release. Goldfield Corp is engaged in the electrical construction operation in the United States. We also stated : “Although we are still in the process of breaking down GV, our […]
Goldfield Corp (GV) is back on GeoInvesting’s radar since the company’s revenue picture could be about to improve. Those familiar with our coverage of GV know that on On May 11, 2012, GeoInvesting coded Goldfield (GV) as a GeoBargain at $1.51. On June 7, 2012 we released a bullish article, “Goldfield: A Four-Bagger In The […]
FNRG Being Pumped We will track the ForceField Energy Inc. story since: We received promotional material from GreatStockAlerts.com, We believe the company will likely have to raise money within the next two months. From its 10-Q: “At September 30, 2014, we had cash on hand of $511,156 compared to $339,011 at December 31, 2013. For […]