whoami2u ...
The sole reason I post on this board is to provide an open and informative forum and to pass and exchange accurate and truthful information. This includes correcting willfully posted misinformation or intentially posted negligent commentary. Your recent post is an example of the latter.
Here are my corrections to your intentionally negligent comments: whoami2u said:
"We draw attention to Note 1 of the consolidated financial statements, which indicates that the Company had a loss of $3,145,139 for the year ended December 31, 2020 and, as of that date had an accumulated deficit of $12,754,164. As stated in Note 1, these events and conditions indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern."
This going concern Note 1 from the auditors are contained within 95% of all TSXV issuers. Without postive IFRS or US GAAP defined net profits, all auditors require issuers to make a going concern Note 1. You highlighting a perfunctory Note 1, that exists on virtually all CSE and TSVX issuers is self serving as you do not put the Note 1 in context at all. I think this above comment from you is at the expense of your fellow shareholders.
whoami2u said:
With no revenues, ever, the losses are mounting. But I'm not invested for the current revenues. I'm gambling on potential future revenues.
Actually if you were honestly reporting all the financial statements, you would have posted 3 out of the last 7 reporting periods where GRB did have IFRS defined net profits. This was due to money gained on the RealBlock sale, plus gains on A/P reductions and several quarters of PWR gains at the end of each reporting period during such increase on the PWR share price for that period.
whoami2u said:
"Bad luck or timing might be a problem too in regards to Sage Ranch. Trying to get access to water for 1000 homes during the worst drought, possibly ever, might be problematic, or not. We'll find out how that plays out this summer."
The above is clearly a severly negligent comment from you. Firstly the WSA issued by the Professionally Registered Engineering firm that was procured by the City pursuant to its EIR obligations under CEQA emphatically stated the TCCWD and its water basins including water from the SWP have more than enough water to supply the 1,000 homes for the life of the Sage Ranch project. The City as the sponsoring agency of the EIR and the WSA, must under CEQA regulations, as a matter of law, commit to supplying all of the water for a project for the life of the project. The final water report was issued to GRB late this Friday. The delay was because case law requires the WSA to contain the exact legal ownership of where specifically all of the water rights will come from, not just the fact that the water is physically available. This was fully explained in the final June 24, 2021 SB 610 WATER SUPPLY ASSESSMENT - Sage Ranch Development Project that we received on Friday after the market close. In addition, I have personally owned all the legal water rights if the City would not provide. California has thousands of water basins and water districts and if some have issues many others due not. The State is geographically large and diverse, with our City being in the base of the Sierra Madre Mountains with ample water for Sage Ranch for the life of the project. The State in general is not in drought condition as of today's date, but that has nothing to do with our water basin as it has its own unique water sources and basins.
Sage Ranch is a massive project that will provide substantial $80 Million plus revenues yearly for 6 years. We have additional projects of the same calibre to be announced that will carry this momentum for the another 20 years. The approval will change the company from a development company to an operating and cash flow company of a fairly large order of magnitude, especially given only 27 MM shares O/S.
On Thursday, the City paid the newspaper to publish the meeting date of July 12 on the June 30 newspaper edition. On July 5 the detailed agenda will be published. City Staff does not submit a project for approval it does believe it will win full approval. If the City gets hit by meteorite on July 12, then we will miss the July 12 meeting. If not, the meeting is on July 12. We will have the project represented in person by Paul Morris, plus our architectural firm, our civil engineering firm, and General Dave Smith, from the US Air Force.
whoami2u said:
"When it comes to Alberta there's a big reason for Devon Sanford to keep quiet. There's 2.6 million shares up for grabs in Greenbriar's "Performance Share Plan". All 2.6 million could be his if he hustles. And I quote: "Devon will receive 100,000 shares for each project placed in production plus 500,000 stock options at $1.50 per share." This quote can be found HERE by selecting the "MD&A-English" released on April 30, 2021 and going to page 2."
Devon Sanford's effort is to build our projects and supply the engineering and legal documents to our bank lenders to build the project. He is only interested in that process and its success. He is quiet because his job is not to satisfy folks on Stockhouse. His job is building quality projects and building them on time and under budget. Does he get handsomely rewarded by GRB? Yes!
The shareholders that own multi-million share positions of GRB (Those with "Diamond Hands") and who never post on this board, are positioned for our imminent success at Sage Ranch and Alberta. They are the buyers at these levels but they do watch this board choke and waffle at every tweak of nervous commentary ,and they certainly take advantage of the weakness of the posters here, who certainly cause those with "paper hands" to sell.
The panicking commentary is priceless. But is does have a detrimental effect to newcomers who have no other forum to hear a viewpoint. In the future I will open a forum on Clubhouse or a similar site where we can all converse with moderators, who can shut down defamatory or completely off-color or false commentary. For the time being I have to donate my precious time to correcting the silliness that goes on here and tonight whoami2u, you certainly have pushed the bounds of editorial commentary.