Earnings Call Excerpt
Basin Water Inc. (BWTR)
Q4 2008 Earnings Call
February 17, 2009 12:00 pm ET
Executives
Christopher Chisholm – Chief Financial Officer
Mike Stark – President and Chief Executive Officer
Scott Hamilton – General Counsel
Analysts
Jim Galloway – Galloway Enterprises
Bill Gibson – Nollenberger Capital
John Quealy – Canaccord Adams
[Willis Taylor – Gavin Securities]
Chris Sargent – Wachovia Securities
Presentation
Operator
Welcome to the financial restatement and Q2 and Q3 2008 Basin Water Inc. earnings conference call. (Operator Instructions). I would now like to turn the presentation over to your host for today’s call, Mr. Scott Hamilton, General Counsel. Please proceed.
Scott Hamilton
Welcome everyone to the Basin Water conference call to discuss the company's restatement of prior financial results and the results of the second and third quarters of 2008. My name is Scott Hamilton and I am Basin Water's General Counsel. Joining me on the call today are Mike Stark, our President and Chief Executive Officer and Chris Chisholm, our Chief Financial Officer.
Last week on February 10, 2009 the company filed with the Securities and Exchange Commission its restate annual report on Form 10-KA that restates our financial statements for the fiscal years 2006 and 2007, and our restated financial statements for the first quarter of 2008 on our restated quarterly report on Form 10-QA for the quarter ended March 31, 2008.
In addition, on February 10th the company filed its June 30, 2008 and September 30, 2008 Forms 10-Q with the Securities and Exchange Commission. On February 11th, the company issued two press releases. The first press release related to our restated financial results for all four quarters of 2006 and 2007 and the first quarter of 2008. The second press release related to the company's 2008 second and third quarters earnings. This conference call is being broadcast live on the internet and may be found on our website at www.basinwater.com. Playback of this conference call will also be available on our website.
Before beginning our discussion on this call, we want to make you aware that our prepared remarks and responses to questions on this call may include forward-looking statements that involve risks and uncertainties. We refer you to our annual report on Form 10-KA for the fiscal year ended December 31, 2007 for further details regarding these risks and uncertainties.
Now that we have covered these cautionary comments, I would like to turn it over to Mike Stark, our President and Chief Executive Officer.
- To read the full transcript on Seeking Alpha, click here »
