I use 3 cans on whole water chestnuts and a bottle of soy sauce. I soak overnight.

1 (8 ounce) cans water chestnuts drained
1/4 cup soy sauce
1/4 cup brown sugar
8 slices of bacon, cut in half crosswise

1 (8 ounce) cans water chestnuts drained 1/4 cup soy sauce 1/4 cup brown sugar 8 slices of bacon, cut in half crosswise

1. Marinate water chestnuts in soy sauce for 1 hour
2. Drain.
3. Roll each chestnut in brown sugar (I don't always do this step).
4. Wrap each chestnut with a piece of bacon
5. Secure with a toothpick.
6. Arrange in a shallow baking pan.
7. Bake at 400 degrees F for about 30 minutes or until golden brown.
8. Drain on paper towels.
9. NOTE: This can be prepared ahead of time and stored in refrigerator until ready to bake.