Conversation with CEO Mark Harding in Chicago on March 15, 2024 is Canceled Due to the Weather

Rhea-AI Summary

Pure Cycle Corporation (PCYO) canceled its investor event due to weather conditions. The CEO, Mark Harding, apologized for the inconvenience caused and encouraged investors to sign up for news alerts. The company focuses on water and wastewater services, land development, and single-family home rentals for recurring revenues.

DENVER, CO / ACCESSWIRE / March 14, 2024 / Pure Cycle Corporation (NASDAQ Capital Market:PCYO) canceled its investor event on March 15, 2024. Pure Cycle Corporation's President and CEO, Mark Harding, was scheduled to host an investor meeting in Chicago at NASDAQ's office. Mr. Harding's flight from Denver was canceled due to the weather resulting in Pure Cycle canceling this event.

"While we greatly appreciate the heavy wet snow, we understand the airlines don't have the same relationship with the weather as our utility operations have. We apologize for any inconvenience this may have caused and appreciate your understanding," commented Mr. Harding, CEO Pure Cycle. "Please visit our website and sign up for news alerts to stay informed of future investor events," continued Mr. Harding.

Company Information

Pure Cycle continues to grow and strengthen its operations, grow its balance sheet, and drive recurring revenues. We operate in three distinct business segments, each of which complements the other. At our core, we are an innovative and vertically integrated wholesale water and wastewater service provider. In 2017, we launched our land development segment which develops master planned communities on land we own and to which we provide water and wastewater services. In 2021, we launched our newest line of business, the rental of single-family homes located at Sky Ranch, which provides long-term recurring revenues, furthers our land development operations, and adds more customers to our water resource segment.

Additional information, including our recent press releases and SEC filings, is available at www.purecyclewater.com, or you may contact our President, Mark W. Harding, or our CFO, Marc Spezialy, at 303-292-3456 or info@purecyclewater.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are all statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, such as statements about the following: our positioning to continue to grow through this market cycle; the completion and delivery of our rental units; timing of development at Sky Ranch; future tap sales and revenues; future home sales by our home builder customers; the affordability of our products; the strength of the Sky Ranch market; forecasts about our fiscal 2024 sales of water to oil and gas operators; our sales of lots; and our expected financial results. The words "anticipate," "likely," "may," "should," "could," "will," "believe," "estimate," "expect," "plan," "intend" and similar expressions are intended to identify forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Factors that could cause actual results to differ from projected results include, without limitation: home mortgage interest rates, inflation, and other factors impacting the housing market and home sales; the risk factors discussed in Part I, Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended August 31, 2023; and those factors discussed from time to time in our press releases, public statement and documents filed or furnished with the U.S. Securities and Exchange Commission. Except as required by law, we disclaim any obligation to update publicly any forward-looking statements, whether because of new information, future events or otherwise.

SOURCE: Pure Cycle Corporation

View the original press release on accesswire.com

FAQ

Why did Pure Cycle Corporation cancel its investor event?

Pure Cycle Corporation canceled its investor event due to the CEO's canceled flight from Denver to Chicago caused by weather conditions.

Who was scheduled to host the investor meeting for Pure Cycle Corporation?

Mark Harding, the President and CEO of Pure Cycle Corporation, was scheduled to host the investor meeting.

What did Mark Harding comment about the canceled event?

Mark Harding, CEO of Pure Cycle Corporation, apologized for any inconvenience caused by the canceled event due to weather conditions.

What advice did Mark Harding give to investors after canceling the event?

Mark Harding encouraged investors to visit the company's website and sign up for news alerts to stay informed of future investor events.

What are the core business segments of Pure Cycle Corporation?

Pure Cycle Corporation operates in three distinct business segments: wholesale water and wastewater services, land development, and rental of single-family homes.