Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Supplemental Disclosures Of Non-Cash Activities

Note 10 - Supplemental Disclosures Of Non-Cash Activities

9 Months Ended

May 31, 2012

Cash Flow, Supplemental Disclosures [Text Block]

NOTE 10 – SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES

	Nine months ended:
	May 31, 2012		May 31, 2011
Increase in estimated Tap Participation Fee liability and related discount	$	7,450,000	$	-
Farm revenue allocated against the Tap Participation Fee liability and additional paid in capital	$	142,300	$	-
Issuance of shares of restricted common stock upon conversion of the Convertible Note - Related Party	$	-	$	5,351,700

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References + Details