Completely cover a cookie sheet or baking pan with aluminum foil.
Place a sprayed cooling rack over the pan to catch the drippings.
Marinate the water chestnuts in soy sauce for at least 1 hour (or overnight).
2 cans 8 oz. whole water chestnuts , ½ cup soy sauce
After marinating, drain the water chestnuts.
Preheat the oven to 350F.
Place the brown sugar in a bowl.
1 cup brown sugar
Roll each water chestnut in the brown sugar.
Wrap ⅓ of a slice of bacon around each chestnut and secure with a toothpick.
1 lb. bacon , toothpicks
Place on the prepared pan.
Bake for 30-45 minutes or until browned. You can broil the water chestnuts for the last few minutes to crisp the bacon. Watch closely.