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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 Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Post by shnepson Aug 14, 2022 10:03am
265 Views
Post# 34894953

Sage Ranch Offer

Sage Ranch OfferIt has been a month and a half since the Sage Ranch offer of $79M from GRB shareholder Phantom Development (S&A Developments).
Before the offer was even formally declined GRB produced a NR stating the Sage Ranch assets were for sale for $181M ( "with Greenbriar and its General Contractor to manage and execute the construction oversight and permitting.") As Paul Morris has already secured the sales ($27M) and would now receive commision on the possible sale of Sage Ranch this is an incredible win/win for Jeff buddy. This inclusion to Jeff and friends benefitting from management fees, supply agreements with certain companies in which Jeff is financially vested i.e. Green Matter Technolgies.
Speculative but don't be surprised if NuE becomes involved through the solar panel and battery storage units offered.

Where is the offer for the property? 
There is no listings related to the property being for sale.
Extremely difficult to sell a property devlopment that nobody knows is for sale.

As for Phantom I guarantee you that any established developer would know exactly how much they are prepared to pay and how this would finance the transaction.
A month and a half, and nothing.

Unlike WND where CA's (confidentiality agreements) and access to the data room were necessary in determining the valuation of the assets and agreements Sage Ranch is all available to any buyers for determing valuation. If somebody wanted Sage it would have happened.
Keep moving forward with permitting.

Where are the finalized drawings that were promised?
You can't submit a Precise Plan without them and they were supposed to be in your hands months ago.
Somebody is not being truthful.
Is it the engineers and architects or is it just lip service?
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