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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

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Post by JefffCEO on Sep 12, 2020 7:02pm

Update

All,

On this past Friday the 11th, we filed an extensive 86 page support document requested by PREPA to rank the projects as instructed by the FOMB.  The document is very impressive, detailed, technical and offered ranking proposed by a specific McKinsey valuation model.

We filed the document with the Executive Director of PREPA, certain PREPA senior staff members and the entire PREPA board of directors. 

We further copied the White House (Admiral Peter Brown who is the oval office rep for reconstruction in Puerto Rico), the entire FOMB Board and their Executive Director, the PREB, The Governor, her chief of staff, the Chairman of the Congressional Natural Resources Committe (oversees FOMB),
the Ranking Member, and the energy counsel for the FOMB.  

We had an extensive 8 day 18 hour per day schedule putting this together and we await their formal evaluation and ranking ...

I bought some GRB on Friday and will continue to buy more.

Best
Jeff
Comment by Schoen on Sep 13, 2020 1:15pm
Jeff, I appreciate the extraordinary efforts you and your team have made to get the project to this stage.  Greenbriar is on the cusp of smashing through the fear, uncertainty and doubt that has been created for so many years around commercial solar in Puerto Rico. After previously pushing for Montalva's approval, it is pathetic that the FOMB decided to grandstand at the last moment ...more  
Comment by Doctor86 on Sep 13, 2020 1:45pm
thanks Jeff. Why did PREPA ask GRB to rank the projects when there is a clear conflict of interest as GRB is one of the candidate projects. Or does GRB have an exceptional relationship with PREPA that transcends this conflict?
Comment by whoami2u on Sep 13, 2020 2:15pm
Doctor86... I don't want to answer for Jeff but if you read his words carefully, the document GRB prepared was requested by PREPA to assist PREPA in making an educated decision while ranking the projects. To quote Jeff... "we filed an extensive 86 page support document requested by PREPA to rank the projects as instructed by the FOMB." So to me it sounds like PREPA is instructed by ...more  
Comment by Doctor86 on Sep 13, 2020 2:34pm
oh ok that makes sense. Thanks. Sorry for the misinterpretation
Comment by snootchybootchy on Sep 13, 2020 2:40pm
It's possible FOMB requested the same from all the other project proponents too.
Comment by whoami2u on Sep 13, 2020 3:03pm
That's my assumption too, that PREPA requested additional detailed information from all the shovel ready projects, not just from GRB. I'm hoping that those who fail to produce, or didn't pound out the documentation as quickly as Jeff, will be ranked near the bottom. My fear is all these requests for additional information will cause extended delays and weigh on the share price. Let' ...more  
Comment by u8fish on Sep 13, 2020 7:01pm
Jeff is obviously confident they will be ranked first based on his prior comments, quality size of the project, and the fact he continues to buy at market.
Comment by snootchybootchy on Sep 14, 2020 3:34pm
I have full confidence that Jeff will get Montalva approved. The question is when. It could take another month (maybe even two?) for FOMB to review all of these ranking assessments.  And for those with cash on hand to invest, the question is whether to invest more money into V.GRB and have it stagnate for some time while the stock market is running like gangbusters.  
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