Today the Company has been made aware of the publication of numerous allegations written by a self-disclosed short seller that has been linked to instability in today’s trading. These false allegations about the Company’s assets and the viability of our Cadiz Valley Water Conservation Recovery & Storage Project are factually inaccurate, potentially defamatory and intentionally seek to destabilize the value of the Company. We take the publication of these allegations very seriously and will take all appropriate actions against the author. The Company will shortly release a comprehensive response to these false, misleading allegations.