Greenbriar Sustainable Living Inc V.GRB

It’s all in the numbers!

[Hubbie87]

Watching the video regarding the selection of the two projects by PREPA/FOMB Natalie says several times that NONE of the projects met the pricing for  the Fiscal Plan. Yet in her letter regarding Jeff dated Jan. 2 she acknowledges that he did lower the price to .0884  just not in time for the FOMB 'Determination'. This number does meet the Fiscal Plan she mentioned several times, according to Jeff. Of course if other companies lowered their prices as Jeff suggested they did, their lower pricing also was not considered. So a lower price was on the table for them to approve, as Jeff has been saying, but they chose not to accept it because it was not submitted on time. Therefore Natalie's rant about none of the projects falling into the fiscal plan is disingenuous at best and she makes it sound like it was a gift for FOMB to approve the 2 projects even though they didn't meet fiscal objectives. Seems that the Governor is 100% pro renewables and would be livid if he knew that Natalie rejected a lower price due to a late submission. Then of course the interconnection numbers are stated for a 160MW project instead of the 80 so yeah, as Jeff has stated 'we got screwed'. The Governor was pissed that only 2 projects were approved and its surprising to me that he doesn't know or didn't confront the FOMB with the lower priced options which certainly should have been discussed. Maybe everyone on the board here knew this, but I needed to see the numbers for myself and put the pieces of the puzzle together. I understand shareholder frustration but wish I would have looked more closely for myself and watched the FOMB decision before I posted yesterday out of frustration. Jeff could not have known that PREPA/FOMB were playing with funny numbers and am confident this will find resolution. So we actually did have the lowest $/kWh and interconnection costs for an 80mw project (maybe2nd?).  Does anyone else see any other issues with our project that may have hurt our ranking? Perhaps we didn't 'play the game' or they wanted to prove to Jeff that his project wasn't #1 as he stated many times to them, but I don't believe these issues can stand the light of day. We have truth on our side and I encourage Jeff to continue the fight!

[JefffCEO]

Hubbie87 Before you read this, please read my previous, however: The number one project chosen by PREPA was at 14.1 and only changed to 12.6 a few weeks ago, so the argument we lowered after a unspecified "cut off" date is simply not true.  BTW We lowered months ago and all agencies knew that but Xzerta lowered a few weeks ago.  Xzerta is discussed in my previous post as to

[Hubbie87]

Jeff,  UNBELIEVABLE, Hollywood could not have written a better story of corruption. I get it now and truly had to see the numbers for myself! Apologies for frustration which was misdirected Jeff. Shareholders, look at the numbers and watch the FOMB decision as posted by Whoami2u.  Get the screenshot of the projects as shown in the meeting. I had to pick my mouth up of the floor. 

[whoami2u]

Hubbie87... thank you for actually digging in and doing some research. A lot of my posts take people to boring technical papers or legal mubble jumble docket files, but thats where the answers lie. Once you understand the technical superiority of Montalva you can understand why we should have been chosen. All of the technical aspects that create efficiencies which save the ratepayers large sums of

[Hubbie87]

At 4:30 this morning when I couldn't sleep thinking about Montalva, your posts made the tiny bit of research I had to do very easy. Frustration and anger are simple responses, but just a little effort is all it takes to see the obvious. No guarantees regarding GRB, but complete confidence in what we have as an asset.