Greenbriar Sustainable Living Inc V.GRB

Say what?

[tylerreddick]

" The agenda for the Tehachapi City Council’s July 1 meeting states that the council plans a closed-session conference with its real property negotiators to discuss the acquisition of more base water rights. According to the agenda, the council is negotiating with Ronnie Strasser for price and terms of payment for an unspecified amount of water rights ".

Didn't GRB shareholders pay him a deposit to hold those water rights?


https://www.tehachapinews.com/news/tehachapi-basin-water-rights-are-getting-pricey/article_dd8498a8-359a-11ef-8e58-7bf79f43a2ed.html

[tylerreddick]

And; " Prices paid for Tehachapi Basin water rights have gone up at least 25% to 53% in the last two years. Golden Hills Community Service District’s recent purchase of Tehachapi Basin water rights from Jeff Ciachurski for $10,000 per acre-foot appears to have set a new record for valuation — at least in terms of completed deals. " ===========================================

[Ripple1]

Dearlol- what are you talking about?  Based on GRB's share price trajectory with 20/20 hindsight, he should have raised when the price was over a buck.  To be fair No one gets to make decisions with the benefit of 20/20 hindsight.  But the fact is he totally needs to raise so yeah your observation is out to lunch.        

[shneps]

There is also this part of the article -  "In a news release dated May 6, Ciachurski said that water rights owned by Strasser and another party (Paul Morris) were acquired in 2020 and are “contractually dedicated under contract to Greenbriar to supply the Sage Ranch project” the pumping rights the city required in its approval of the development in 2021." Morris acquired water

[shneps]

Note the fact Jeff posted this comment on Stockhouse -  "Tight ownership of water.  If you do not own water rights (I bought 304 Acre feet) you cannot build. There is enough water for Sage Ranch and another new 300 unit apartment complex accros the street (GRB will buy) and a luxury RV resort I am building and maybe another small development and the area is completely done for

[Baserunner]

Something fishy?.. that is the article they pulled 3 days ago!

[Dearlol]

Well dont get me wrong , call me bias , i am just someone want to make few bucks .  But based on what i observed,  maybe not alot people care about my opinion,  but still some people may find ease in this stressful time .  Greenbriar is not a bad company,  we can see grb it is consistent following through the plans , even it takes so long , but Grb never gave it up and

[Dearlol]

Another thing that i am impressed by the company , it is grb barely dilute the stock in the past few years .  Check other penny stocks you will know that is something rarely to see.    

[shneps]

Excuse me. In five years the stock base has been diluted by 58%. To put that in context - For every $1.00 you spent on purchasing stock five years ago is now worth $0.42. The share price at that time was a $1.00 and currently is $0.65. A further 35% dilution. You seem to miss the fact that it is the proportional increase in shares and not the actual number of shares issued. This also doesn't

[shneps]

Further to that this comment "we can see grb it is consistent following through the plans" is crazy considering 80% of their projects have vapourized into mid air. Come on Lunderk, I respected your comments much more then that.

[Ripple1]

lunderk started posting in 2009 and every one of his hundreds of posts are positive and about WW and GRB.

[lunderk]

I can't imagine everything I've posted for 15 years has been positive.  Are you saying I am one of the cheerleaders?  I'm not sure where you are going with this post exactly. Calian Group, Manulife, Keyera other companies I own I don't even look at their boards anymore. Only ones even thought about posting on was Aecon during the China takeover and Nutrein when Agrium and

[tylerreddick]

If they changed any wording, it couldn't have been much more damaging than this article, IMO. If it is true that Strasser is negotiating to sell the same water rights to the city that GRB shareholders gave a $million+ deposit on, you really have to wonder what the heck is going on? If he sells that 115 acre feet to the city, where is GRB going to get the water to pony up their share for Sage

[shneps]

I have to admit I never saw this article posted but maybe Claudia was reciving ongoing information related to the article's contents and needed to make sure it was fully updated.

[tylerreddick]

Baserunner saw it before it was pulled. I'd sure like to know what "corrections" had to be made to make Jeff happy. :o) Regardless, the fact that Jeff refuses to clarify things with his shareholders, the owners of the company, well that just speaks volumes, IMO.

[Baserunner]

Sure would like to see something with Morris and Harvey signature on it!