Greenbriar Sustainable Living Inc V.GRB

Greenbriar Money Shuffle

[shneps]

Interesting to see yesterday Greenbriar finally posts on SEDI the 25.8M shares it purchased for $0.05 for a total of $1.29M nine months ago (supposed to be filed within ten days) and then two hours later sells 18M shares for $0.02 for a loss of $540,000 to Greenbriar shareholders.
Typically this is taken as a very bad sign for Captiva Verde but due to the conflict of interest with management and the paper shuffle dealings this was to be expected.

Question is not why did they sell for a loss and give up a 10% interest in the JV agreement but "who" did they sell these 18M shares too for such a discounted price.
Greenbriar needs cash to keep proceeding so this shuffle gives them another quarter of breathing room.
They are merely trying to untangle the web.

[9Islucky]

Mr Shnepper:What tells you that GRB was the seller?

[shneps]

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[navajojoe]

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[navajojoe]

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[shneps]

Navajojoe, my point is the 18M shares were conveniently sold at $0.02. Why not hold them as opposed to selling for a 60% loss to shareholders? Who bought those 18M shares when the guy controlling the company is the one also selling them. Would you buy 18M shares from the CEO of a company at the lowest shareprice level the stock has ever seen? I know I certainly wouldn't. Red flag, red flag

[navajojoe]

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