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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

Comment by shnepson Jun 21, 2024 8:26am
73 Views
Post# 36099565

RE:Creditable!

RE:Creditable!For Paul Morris there has been multiple reason for coming onboard.
- He would have been part of the orchestrated Forward Living pump.
- He is supposed to receive over $24M for the sales of Sage Ranch
- He currently holds title to the 28.75 acres one block from the downtown that was approved for 300 apartments
- He has a non-refundable deposit (just a deposit) on the water rights he purchased

Cliff Webb continues to be paid for the Montalva work (for over a decade). His big benefit would be performance payouts for getting Montalva approved and financed as his contract is really performance based. He is 80 years old this year.
I believe he should be technically authorized an additonal bonus of $1.25M because the company raised over a $2M in that $3M debenture issuance recently.

I honestly don't know what Chris Harvey's deal is for joining GRB. I speculate that he invested in GRB and wants to make sure he's getting his investment back. The other is that he brought other high end investors onboard and is feeling responsible for their investments.

Ronnie Strasser was paid $500,000 and given the 28.75 acre (that Morris currently holds) for the 5.6 acre lot which he bought from the City (likely for $136,000).
There is also all the Padel Club benefits, mainly through PWR.
He has a non-refundable deposit (just a deposit) on the water rights he purchased.

And everybody appears to receive consulting fees.
There a lot moving pieces and many are open to interpretation but these are some of the items I've observed.


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