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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 shneps on Aug 31, 2023 9:43am

Sage Ranch Costs

I see Greenbriar has amended the terms for paying Captiva Verde shareholders back the money they put up for the development of Sage Ranch. PWR is now going to receive (48) payments of $116,491 per month. This is perfect for making all the monthly consulting payments to Jeff, debt payments and the remainder going to the Strassers for their Padel team.

Thank goodness all the executives are being taken care of and Captiva shareholders won't get any of the $87M Net profits they were entitled too. Hum, should shareholders accept 42c per share in Net profit from Sage Ranch or the current 3c per share and executive compensation? I guess it will ultimately one day may have to be left to investigators and forensic auditors. These Greenbriar payments merely get added onto the Sage Ranch balance sheet in which Altus doesn't account for executive bonuses, financing costs, VOYA bonuses, consulting fees, payments for water rights, land transfers, lawsuits/lawyer fees and now $5.6M to Captiva Verde.

"Hey, just take it off my bill. Shareholders will never know what hit them".

A proper Altus financial assessment should be completed for the project, not a pro forma missing significant inputs. Besides the dramatic changes in the costs of inflation, construction costs, real estate sales and valuations. Inputs should be provided by independent third parties and not persons assosciated with the project's outcome. Some of those cost inputs go back to 2019 (DeWalt Engineering).

All this can be found in the Quarterly Financials /MD&A that was released two days ago. Interesting how that would have been announced in the past but is now kept quiet.
Comment by Hubbie87 on Aug 31, 2023 11:57am
Schnoops,   The only forensic audit that will ever be done is how many coffee shops on Harriet Street you frequent to post the defamation about a person you are obsessed with.     Despite the cease and desist letter you have received from Greenbriar, your bravado is really important in identifying your complete obsession with someone you wish you were. Tell us one fact that ...more  
Comment by tylerreddick on Aug 31, 2023 2:40pm
And your claims are any more believable? Not so much.
Comment by Hubbie87 on Aug 31, 2023 4:49pm
You guys, Schoops, Joe and Tyler, all 2 of you get yourselves really lathered up whenever there is a video or some reason to believe there's progress with the company. You definitely go on overdrive to beat it down. It's like you are trying to put out a 5 alarm fire with a garden hose. Schoops goes so far as to defame management and directors after being served with a warning not to. Huge ...more  
Comment by SvenVandeBroek on Aug 31, 2023 8:50pm
"You guys, Schoops, Joe and Tyler, all 2 of you" ... That was just brilliant. Love it. Thanks for the humor!
Comment by shneps on Aug 31, 2023 4:40pm
Interesting how all your responses are phrased in "leading the witness" context. Never have I said that Sage Ranch "is a dog". As a matter of fact on numerous occasions I have mentioned what a great site package JZMK Partners has put together for the Sage Ranch Project. As for your references to (2) cow pastures I can refresh your memory when I asked why anybody would travel on ...more  
Comment by tylerreddick on Aug 31, 2023 6:09pm
shneps, the detractors are an empty vessels, as they have nothing of substance to talk about, all they can do is attack those who wonder 'what the heck is really going on'?
Comment by SvenVandeBroek on Aug 31, 2023 6:23pm
You mean like the persona you were with all your negative one-liners that contained no substance, navajojoe?  To hold a mirror is an expression that means to reflect something back to the person who said or did it. Thanks for commenting on the reflection it gave.
Comment by Hubbie87 on Aug 31, 2023 7:34pm
LOL, WE are the detractors! 
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