Pure Cycle Corporation provides wholesale water and wastewater services. The Company�s services include water production, storage, treatment, bulk transmission to retail distribution systems, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing and collection and emergency response. The Company provides these services to its wholesale customers, which are local governmental entities that provide water and wastewater services to their end-use customers located in the greater Denver, Colorado metropolitan area. During the fiscal year ended August 31, 2012 (fiscal 2012), the Company also own 16,000 acres of irrigated land being leased to local farmers in southeastern Colorado and the Company own 931 acres of land in the I-70 corridor east of Denver, Colorado that is being held for development.