Pure Cycle Corp (NASDAQ:PCYO) Q2 2019 Earnings Conference Call Transcript
Apr 08, 2019 • 01:00 pm ET
Mark W. Harding
selling homes, we've received tap fee revenues attributable to those, so as they pull building permits, we get tap fees attributable to those, so to date, I think we've delivered 24 taps to the builders. So even more taps than they have actually taken inventory on the homes and what they're doing lot by lot is they're sort of looking what type of product they're going to be building on each lot as soon as they've got that determined and they send that information over to us and we can calculate their tap fees attributable to those.
So, with that, I'm going to turn it back over to the moderator, and if you've got any detailed questions certainly ring in and see if I can add a little bit of color to what has been -- I think, one of our best period endings for the six-months. So we're very excited and look to be delivering a lot more in terms of the land development as well as our utility segments.
So, with that, I'll turn it back over to the moderator.