Cadiz, Inc.'s CEO Susan Kennedy, as previously reported, provided erroneous information and withheld other vital facts at the Newberry Springs Chamber of Commerce's pony show last October.

    Kennedy stated that necessary construction on the Northern Pipeline would start this year and that water would be flowing through it in 2027.

    Why would Cadiz, Inc. be publicly stating this quick timetable?

    Cadiz, Inc. is carrying $60.3 million in long-term debt, much of it is due in June 2027.  Add accounts payable and other obligations, the number jumps to roughly $100.3M. In its most recent Q3 2025 report, Cadiz reportedly had a net loss of $7.1 million. Its annual net income has hovered around a minus $31 million.

   This creates a "race against time" to start construction and generate water revenue before the debt matures. As that is not probable, the emphasis shifts to acquiring federal grants.

    Can Cadiz, Inc. do that in time ?  Probably not !

    Cadiz, Inc. knows it, but it might not be good to publicly acknowledge any trouble in reorganizing its debt obligations.

    And why might Cadiz, Inc. be having its Chairwoman & CEO Susan Kennedy from Los Angeles, and Chief Operating Officer Cathryn Rivera from Sacramento, attending meetings in little-ole Newberry Springs?

    IMHO, it is because the company is attempting a very low percentage "Hail Mary" in dense fog. This would be to salvage its Northern Pipeline that the State has axed.  Cadiz, Inc. is partnering with an American Indian tribe. Not one associated with the desert in Southern California, but a tiny one in Northern California, roughly 500 miles away.

   The local regional tribes are strongly opposed to Cadiz, Inc.

    Cadiz, Inc. is claiming that the investing tribe will own 51% of the infrastructure and that such will place the pipeline under Indian sovereignty.  Cadiz, Inc. claims that the tribe's pipeline should then have federal priority over the State's axe.

    In 2026, Cadiz's legal team is arguing that as a Tribal-led initiative, the Northern Pipeline should be subject to federal trust responsibilities rather than certain "hostile" state-level environmental hurdles.

    That issue may be litigated for years. The pipeline was built under a federal mineral easement that doesn't permit water conveyance.

    When built, the pipeline apparently required a State easement permit to cross the State's property. So, with this earlier legal precedent on the pipeline, and the water conveyance being totally intrastate, and the local tribes' opposition, the eventual legal outcome may not support Cadiz, Inc.'s contention.

    This is where Newberry Springs can support Cadiz, Inc.  Cadiz, Inc. is also framing the project as an Environmental Justice mission to provide water to underserved and disadvantaged communities.

    To support its tribal scheme and to have a better chance of acquiring federal grants for itself, Cadiz, Inc. is attempting to acquire a Memorandum of Understanding (MOU) from the Newberry CSD. The MOU is to demonstrate a crucial element that Cadiz actually has a disadvantaged community signed up, and to include the community in its Press Releases to boost its stock sales.

    Newberry Springs, for itself, can forget the pipeline as there won't be any water for it. Under SB 307, even with tribal participation, Cadiz, Inc. won't be able to overcome the State's barriers on the State's water and environmental protections.

    Yes, Newberry Springs is being suckered as a sacrificial Chess pawn for water that certainly won't be coming.

    Searching for lifelines, Cadiz, Inc. is in panic mode.