By adding a residential community to its balance sheet, this firm expects to generate approximately $2 million in gross annual rent revenue. #WaterTechnologiesInternational (OTC: $WTII) is a leader in the technology in @AtmosphericWwaterGenerator production, design and water treatment. In a press release today, WTII announced a letter of intent to acquire a 51% interest in Orchard 79, LLC. By aquiring this 87-home single-family community is expected to add $2 million in revenue per annum.
Shares of Water Technology Firm Hit Double-Digit Gains on LOI News
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