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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

Greenbriar Sustainable Living Inc > Hmmm........
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•••
Post by tylerreddickon Jun 13, 2024 10:28pm
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Post# 36088456

Hmmm........

Hmmm........GRB had a current account deficit of about $8.3 million, and no cash on hand, as of March 31st, so probably even worse now.
Can the company really afford to be paying their president and CEO to the tune of a half million per annum for their "services"?
Considering the company's cash position, maybe those payments could be pushed back until there is some cash to pay them?
JMO

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