A charitable reading suggests this is paid out to just one city, which would seem to be about right (If you value a house at $100K, then $1B would cover ruining the water supply of 10,000 houses. A city could easily contain 100,000 such buildings.
A less charitable reading is that it covers 300 cities. Maybe they can filter the municipal water supply of that many cities in perpetuity with currently unavailable commercial filter technology?
If it is nationwide, then $10b is a bad punchline.
A less charitable reading is that it covers 300 cities. Maybe they can filter the municipal water supply of that many cities in perpetuity with currently unavailable commercial filter technology?
If it is nationwide, then $10b is a bad punchline.