Nerdist explains:
http://www.nerdist.com/2014/10/its-finally-here-a-hoverboard-you-might-actually-buy/
The Hendo hoverboard uses Lenz law which means it uses currents in the medium below to create magnetic fields to repel those on the hoverboard.
So water can have currents in it, but will that be enough to hover? And you'd probably need rockets to propel you like with Marty McFly's adversary right? =P
Want one? Grab one for $10k at the kickstarter or a dev kit for $300:
https://www.kickstarter.com/projects/142464853/hendo-hoverboards-worlds-first-real-hoverboard
This hoverboard is perfect for ALL TERRAIN use, proven to work in the toughest to ride terrains: snow, dirt rodes, grass, river banks and gravel! w/ Ride"
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