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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > Ridiculous!! Better stay up this time
View:
Post by BigGameBrass on Jun 29, 2024 8:54am

Ridiculous!! Better stay up this time

Hi Brian... (aka Shneps)
 
Since you are posting outrageously stupid things on Stockhouse under your fake name of "Shneps" where today you said the water rights are going to cost Greenbriar $20 million, I thought I would set the record straight in front of Claudia and several big shareholders.  
 
Greenbriar and Paul Morris own 101 net AF. The 74 net we need from Ronnie could be sold to the City. In addition, the City does not sell us those 74 net AF if they buy from Ronnie. The city charges a one time fee of $4,000 per house in total for 20 years. The price is NOT $4,000 per house per year, but $4,000 total. In 21 years they can charge another fee. So their commitment of 175 net AF is paid by us as a one time fee of $4,000 per house. If they buy Ronnie's 78 net AF they convert that also into a one time fee.
 
So the cost for Greenbriar is not $20 million, but $1 million, which is the cost to buy Morris's 50.5 net AF. Greenbriar owns its 50.5 net, and the city charges a one time fee of $4,000 for the rest.
 
Stop being a spreader of false information and grow up.
Comment by tylerreddick on Jun 29, 2024 2:58pm
You apparently forgot the $1.37 million paid for the option to buy "up to" 115 acre feet, which would be lost if the city bought the rights. And at $4000/household, that is another $4 million added to the project cost. So, the cost for GRB is NOT $1 million as you claim.
Comment by shneps on Jun 29, 2024 3:50pm
Hi Jeff...(aka Bikerboi) Since you are posting through a third party, under a fake name and you have failed to notify your investors as to project status I take that my outrageously stupid comments can be justified. So, now that we have more clarity (through an indirect email and not a NR) we can make some more appropriate assumptions. "During the year ended December 31, 2023, the Company ...more  
Comment by shneps on Jun 29, 2024 4:04pm
Don't forget Morris (who has received a non-refundable deposit still has water more rights apparently) that obviously Greenbriar will be paying him handsomely for as they will be needed for the 28.75 acre property across the street. This land was given to Ronnie Strasser (along with $500,000) for 5.6 acres of land. It then exchanged hands multiple times and is currently held by Morris. That ...more  
Comment by tylerreddick on Jun 29, 2024 5:09pm
Didn't Jeff just sell the last of his water rights? So I guess his apartment complex, luxury RV resort, and other small development are history? Is it just me. or is Jeff getting ready to give up on Tehachapi?
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