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Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc., formerly Greenbriar Capital Corp., is a developer of entry-level sustainable housing, renewable energy, green technologies and sustainable investment projects. It is primarily involved in the acquisition and development of wind and solar energy farms in the United States and renewable energy projects in Canada. It is focused on its three primary projects: Sage Ranch Project, Montalva Solar Farm and Alberta Solar Project. Sage Ranch Project is a 1000-unit entry-level sustainable residential community located in California. It is a Greenbriar sustainable residential community, which is a 138-acre site located between the parallel arterial roads of Valley Boulevard and Pinon Street near Downtown Tehachapi. Montalva Solar Project is a 320 MW DC and 160 MW AC photovoltaic electricity generating solar facility located in the municipalities of Guanica and Lajas, Puerto Rico. Alberta Solar Project is a portfolio of projects totaling 400MW in Alberta, Canada.


TSXV:GRB - Post by User

Post by SvenVandeBroekon Aug 14, 2022 8:01pm
276 Views
Post# 34895547

Shneps, this is not the Captiva message board

Shneps, this is not the Captiva message boardShneps,

I think you are a disgruntled Captiva shareholder and I also think you are abusing this board with all your negative rants and assumptions about Greenbriar. 

The SEC filings for Greenbriar quite clearly state (for a while now) that Captiva is still behind on their funding obligations:

On August 10, 2020, the Company entered into an option and joint venture agreement (the "Option and Joint Venture Agreement") with Captiva amending the terms of the original agreement.

Pursuant to the terms of the Option and Joint Venture Agreement, Captiva's 50% interest in the Sage Ranch Project was converted into an option to earn (the "Option") a 50% net profits interest in the Tehachapi Property by:

1. Captiva paying the Company a cash payment of $112,500 (the "Cash Payment") (Captiva satisfied this payment in 2018 under the terms of the Sale Agreement);

2. Captiva issuing the Company common shares (the "Share Payment") (Captiva satisfied this payment in 2018 through the issuance of 10,687,500 common shares under the terms of the Sale Agreement); and

3. Captiva funding the applicable permitting and development costs for the Sage Ranch Project (Captiva is behind on such funding obligations and no determination has been made as to the affects to the JV at this point in time).   

https://sec.report/Document/0001062993-22-012798/

That means there's no JV at the moment between Captiva and GRB.

Suppose you buy a house and you only pay off a few monthly mortgage payments... And then suddenly you stop payments. For whatever reason that might be.

Those past payments don't make you an owner of the house...

You will never be able to google a solution for that! And for sure you won't win the case in court.

The Captiva joint venture is currently not in play for Greenbriar's wholly-owned Sage Ranch project. It's merely a page in Jeffs playbook that has gone sour. An issue arose there that was obviously beyond Mr. Ciachurski's control. I don't know all the details but there's no reason at all IMO to suspect that Jeff did not want Captiva to succeed in making the last funding obligations. 

Meanwhile, your obsession with Greenbriar and in particular with blaiming/suspecting Jeff is not helping the cause of any Captiva shareholders at all IMO. 

You're mental on not trusting Jeff / Greenbriar and whatever anyone says can't convince you. I know... That's why I highlighted the part above...

But if you're not a shareholder of GRB, then move on. Lots of more rewarding things for you to do. 

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