Greenbriar Sustainable Living Inc V.GRB

Update - Sept 4

[JefffCEO]

All ....

 

The FOMB (Federal Oversight and Management Board) has requested that PREPA prioritize the 16 solar projects by an official ranking system.

 

We are informed folks deem us number #1 project on the list for many reasons including the lowest cost and the only project with battery storage (large battery storage) 

 

which allows us to be the only project that can provide energy into the evening.  Other reasons we are number one on the list is we are the largest job creator, best transmission location,

 

lowest cost of transmission, best energy efficiency and most qualified team to build.

 

Once we get FOMB sign off, the FOMB is asking for another 3,500 MW of solar power which our project is the only project that can be seriously expanded.  In this case

 

we can expand to 435MW.   This takes us into a $400 Million valuation once the newer contract is awarded.

 

Our share value is not only too low, but it does not take into account our Sage Ranch project which adds $4.50 per share of value because of the following reasons:

 

Between 150 to 250 homes will be built per year for a total of 1,000 homes. It is a 4 to 7 year program.

 

Since we bought this land in 2011 for $1,040,000 after the previous guy spent $21 Million, our cost basis, even after engineering

 

and design, is insanely low at $4,000 per house.  The price average is $350,000 per house with minimum $70,000 to $100,000

 

net profit per unit.  Low side sales is $52.5 Million per year in sales for each of 7 years to Greenbriar with $10,500,000 yearly profit,

 

with 50% profit going to PWR.  The moderate side sales number is 250 homes per year at US $87,500,000 per year to Greenbriar each year for 4 years with $25,000,000 in

 

annual profit with 50% to PWR.   General David Smith thanked me last week several times for helping solve the US Air Force housing issues at Edwards Air Force Base 

 

and Plant 42 in Palmdale where the Air Force is building the top secret B-21 Bomber with Northrop Grumman.

 

JEFF CIACHURSKI

Chief Executive Officer

Greenbriar Capital Corp

Greenbriar Capital Holdco Inc

Greenbriar Capital (U.S.) LLC

Captiva Verde Land Corp

9 Landport 

Newport Beach 

California USA

92660

Direct: 949-903-5906

email: [e-mail]

www.greenbriarcapitalcorp.ca

CREATE. BUILD. GIVE

 

“Talent hits a target no one else can hit; Genius hits a target no one else can see.”

 

[whoami2u]

Thanks for the update Jeff. I have a couple of questions. Will the ranking system be used by the FOMB to select the first 150mw or are they past that ridiculous idea of only allowing 150mw to be built under the current renegotiated contracts? And do you have any comment on the functionality of the FOMB if there are empty board member seats... ie... can they still make decisions with a partial

[JefffCEO]

whoami2u ... The ranking system will have its credibilty with the FOMB, whether its 150, 300 or 591. There will be a #1 and there will be a #16.   Some will be forced out as they are not at such an advanced stage.  Regardless, PREPA is not backing down on 300MW and PREPA will win that battle IMO.  Regarding functionality, they have a quorom so the remaining board members can vote a

[Kingfisher]

This post has been removed in accordance with Community Policy

[JefffCEO]

Kingfisher ...  There is no prohibition on the takeover of the corporate parent.  They simply do not want you to flip the project or project company before substantial completion.  Greenbriar is the corporate parent, so if there is a hostile takeover of Greenbriar, that has no affect on the ownership of the project, as the project remains with Greenbriar.  Full value is still

[u8fish]

Thanks for the update Jeff. Any updates on the NASDAQ listing process - is it still on the agenda? Makes sense to let some of these projects materailze anyways so assume it is a ways out. 

[Hubbie87]

This may be a dumb question, but how can FOMB ask for 3500MW of solar when there may be only 300mw left after the ranking of the 16 projects and there's no more land in PR to build solar projects on? How many MW total would there be if all 16 were completed? Strange that FOMB went from wanting a list for 150mw last week to wanting 3500 this week. Checking into the Bosley hair restoration

[Hubbie87]

If the project at 100mw = a NPV of $178 million then how does the project at 465mw = NPV of $400 M?  Believe me, 465mw is more than ever hoped for, but just wondering why a quadruple+ project = a double+  NPV. concessions would certainly be understandable.