UPDATEToday the Governor has asked for the resignation of Jose Ortiz, the Executive Director of PREPA, effective Wednesday.
We were also assured an hour ago that PREB will approve this week with the FOMB following shortly thereafter. Given the history I can’t promise a specific day but this info comes from Fortaleza, which is the Governor's residence and office. For full disclosure, I bought 5,000 shares much earlier today, and well before this update from Puerto Rico, on the US OTC at USD $1.68.
Since I already stated twice via news releases that the FOMB was a formality, this information does not justify a news release.
Best
Jeff Ciachurski
CEO
Greenbriar Capital Corp