Greenbriar Sustainable Living Inc V.GRB

Greenbriar Sage Update - greaterfoolFred

[JefffCEO]

Fred ...

You are correct and SheepGirl actually makes the perfect investment case for GRB. In her recent post #34798947, she claims the water situation in Marin County reflects Tehachapi. Her fact is correct in the sense that Tehachapi is done with any sizeable developments after Sage Ranch, meaning the land she and Shneps refers nearby as to being a cheaper deal, is in fact worthless as the City and Water District will not provide any more water after Sage Ranch; except some smaller projects. The water situation has made Sage extremely valuable.  No City government would take the liability approving our project if they could not accomodate what they entitled for us after 3 years of their planning and approval. The City is fully liable to us if we could not build. Cancelling an Entitlement is a "taking" under law which is the same as eminent domain and we would get the Altus value as payment. The City under CEQA had to deliver a perfect water report, which they did.

Schneps is just down right stupid.  Marin water does not even flow anywhere near Tehachapi and his water flow analysis in California proves more and more he is a certified goof and why his life is subjected to posting 13 hours a day on Stockhouse with his 6 cent pump and dumps.

The water flow does not go from North to South in Southern California, if flows the opposite.  

The Great Central Valley which is 450 miles long and up to 60 miles wide, (Redding in the North and Bakersfield in the South) is bifurcated by two major waterways. The Northern half of the Valley is controlled hydrologically by the Sacramento River which runs from North of Redding (Klamath Mountains) and eventually dumping into San Francisco Bay near Stockton. The South part of the Valley is dominated by the San Joaquin River which headwaters near Mammoth and flows North towards Stockton and dumps eventually into San Francisco Bay as well. Shneps does not know water or river direction.

In the City Water Report that was undisputed by the Water District by written facts or professional hydrologist; stated the local water basin holds 360,000 AF of water.  The City under CEQA only needs to certify a 20 year supply for Sage. Sage needs 350 AF per year for 20 years. That is 7,000 AF or less than 2% of the current basin reservoir but our use spead out over 20 years. The Water District without facts, said there is only 270,000 AF. Still more than we need by a factor of 4000% and the basin replentishes with local Sierra snow fall. 

Further, the City Council approval of Sage acts as the "court of first instance" under CEQA, meaning any litigation between the Water District and the City under CEQA can only be an appeal of the "facts under record". Meaning the water district can only argue what information was brought under paper documents during the approval hearing on Sage to a judge. There is no new evidence allowed on a trial, just an argument of the record. The water district brought no hydrologist or engineering report at the City hearings, just the water district general manager making verbal arguments with NO technical support. That is why BTW the District has just sent the City a confidential Settlement proposal. The District wants to be involved in future decision making and the City agrees. Its a fight over the water districts board members who own farmland, like me, and want their farms to get the pumping allocations from the State aqueduct to go to their farm lease customers instead of the City, where the District owes the City an additional 1,107 AF per year, that they violate every day.

The last bombshell for shneps is no entity can sue against "deeded water rights" which the District must supply with no argument. We provided 175 AF per year or 3,500 AF of that 7,000 AF and I own with GRB shareholders more than the 350 AF (7,000 AF in 20 years) per year which makes the District lawsuit against the City moot.  

So aside from Shneps being an idiot and necro-sodomist (yes, Shneps does weird things to dead people) the Water District has never sued Sage Ranch or Greenbriar, (its illegal under CEQA for them to do so) and now Shneps is degrading the $2 Billion Altus Company. Altus receives our numbers and spends 6 months auditing all our numbers, rejects them and gives their final numbers based on their gold standard amongst lenders and banks in the real estate world. The process must start with GRB proving the business case as its our submission, but not the final facts that Altus will accept. Altus leans on their history of 1,000's of projects and current market conditions, audits all inputs, increases the cost imputs for safety, reduces sale prices, deducts profit by adding contingencies and then spends another 3 months on certifications. They do not include other values to our benefit as I have previously mentioned, and we do not need an "as is" valuation as Sage Ranch is a project under final developement to start building which is a "business" not a raw piece of land for sale.

So Shneps has gone to his Rolodex and dug up three additional folks who want to build a short wall. We know this and our US investor group is cleaning the market under a disciplined approach sucking out the weak sisters under their terms, not the terms of the deadbeats like shneps, SheapGirl, TeePeeBurning Joe, or their ilk. Should be fun.  The rich can actually thank them as they burn the the little guy daily.

As for more and higher bids for Sage, they will come as a matter of fact, and carry the stage here for many many more months of positive gain on Sage alone, not including more to come on other projects via our blackout.

Currently working on one new deal that IMHO is worth the $40.00 per share I spoke about 2 years ago. It just takes time with big and real deals. And yes, I am a shitty promoter because my deals do trade under their break-up value.

Why, because real buyers do not buy promotion. They buy value and when the Company trades under its break-up value, big players like Brookfield want to make their 8% as well. Anybody can have an over valued stock or any stock with a story. Few have the assets that give real value for the real investors to make money.  Always trade under your value, not above it. That only spells doom.

Thanks Fred for your good post.  Happy July 4 to my friends here in the USA and to my Canadian friends, cheers!

[navajojoe]

This post has been removed in accordance with Community Policy

[shneps]

The Water District supply agreements are only for ten years at a time. How was Sage able to receive a 20 year agreement? Liabilities - "5. The developer/ applicant shall indemnify, protect, defend, and hold harmless, the City and any agency or instrumentality thereof, and/ or any of its officers, employees and agents ( collectively the " City") from any and all claims, actions

[JefffCEO]

Shneps - The Water Supply agreement with Sage Ranch is from the City to Sage Ranch not the Water District. (which under law and its own City Regulations must supply Sage for 20 years) The City holds a water utility license and is the sole supplier of water to any customer within the City Limits. The City has its own wells, its own infrastructure and owns and leases its own deeded rights. It is

[sheepherder1234]

Jeff from your replies to posters who question your assertions of a valuation and your childish "stupid"remarks, you show little professionalism and total arrogance as you did n the Western Wind deal. No wonder you have zero institutional investors and focus on these kind of chat sites for your main IR programs. IF the Altus valuation is so strong(they state in report it is not a

[shneps]

Well, I appreciate the first half of your reply but as usual the second leads you back to the high school aged comments expressing your true professional self. It would be a lot better if you actually answered all the revelant questions instead of cherry picking ones you  have an answer too. Oh well, everybody can see what questions you are not answering.

[lunderk]

like a reporter asking a witness about a trail that's under a media blackout? Oh right that's where I've heard that word blackout before... GAH I'm getting sucked in. I'm gonna go have a timeout.

[Hubbie87]

These are the kinds of answers you get when you take Jeff up on his offer to a personal phone call. You realize he's not 'winging it' and hoping there's not some base he and his team hasn't covered. There is depth of knowledge and civility that gives confidence. Cross him, call him a liar, the projects worthless, accuse him of criminal activity, and you see the other side of a

[shneps]

He spoke to you exactly the same way, including the threats of lawsuits, now you head is so far up there you can't see straight. Enjoy the view.

[sheepherder1234]

What an arrogant unprofessional twit Jeff has shown to be Jeff it's illegal to predict future stock prices. So your documented $50 prediction is frivolous and illegal. Just like the $120m vakuation that can't be booked or approved by regulators 

[lunderk]

banks set 1 yr target prices all the time

[sheepherder1234]

Analysts can set target prices..a CEO cannot predict his own company prices.

[9Islucky]

Shneps:Please report Jeff to the proper authorities.Although I dont remember a $50 stock price being mentioned,I did see a $40 price mentioned,Jeff cagily didn't forecast a price but referred to it as working on a $40 a share deal. The deal may or may not work out,so not a forecast.Maybe he escaped again,but love the suspense you create.

[shneps]

Lucky I never said anything about Jeff's price targets. Personally I don't know whether a CEO can make that statement publicly. If he does and comes nowhere near he the bigger fool then the investor that believed him.

[shneps]

Current new home comparison to Sage Ranch. https://www.realtor.com/realestateandhomes-detail/455-Jonathan-Pl_Tehachapi_CA_93561_M91001-93261   Only a few blocks away. Bigger lot. $213 per square foot. If you think that is not much different then $226? On over 2M sq. ft. being built that is $26M+. Time on the market?  68 Days Yup. High demand out there from all those engineers

[shneps]

Or you could buy any of the numerous foreclosure homes. https://www.realtystore.com/search.do?regsource=SRP

[Letsmakemoney9]

Well , probably this just the list price which is the asking price  , and in the ad the price it said "From 369000$"    im sure the selling price will actually be 5-10% more expensive at least .   And many other properties over 10 years  in tehachipi over  230-250$ .  As much as I disagree how Jeff's attitude as a ceo , but as a

[Letsmakemoney9]

What is IMHO ? That worth 40$ per share ?  Jeff means in his humble opinion, that he is working on new projects that gonna push the stock price to 40 $ per share ?