RE:RE:RE:Presentation Summary PageThe Congressional meetings of July 25 to discuss PREPA are on the GRB website. You know you're looking great when one of the 5 panelists providing testimony to Congress is Thomas Emmons whose Pegasus Capital has provided an LOI to fund US$265 million of the fully financed US$305 million needed to build out Montalvo (including contingency). His statement is at 36:40 and includes upfront disclosure that they are the financier for Greembriar.. He provides excellent concluding remarks at 2:04:00 that are worth listening to.
I love the part at 1:58;00 where the Congresswoman for Puerto Rico (not Iowa or New Mexico, lol) submits a statement from Greenbriar!. GRB been providing background information about PREPA and their project to members of the Committee for months. The new presentation provide excellent rationale for the GRB project, which will not cost the US government anything. For these reasons I have been a strong believer that Montavo will get the go ahead.
Its another thing to build it; I do not think we will build it. I think we will sell this project once it is all packaged together and every i s dotted and T s crossed in terms of project blue prints, key purchase orders, permits (all in place), and the banks sign off their approval of this total plan. We will sell and IMHO we should score a payday that will be multiples larger than our current total market cap.
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Following are the 3 GRB NRs on Real Block. There's another one sort of, that I didn't link and its the $800,000 raise earlier in 2018, where Tommy Sullivan's family bought 500,000 shares of GRB at a buck.
https://static1.squarespace.com/static/5a78c20d268b9640f31e48d3/t/5aa985f38165f5f1420ce835/1521059315598/GRB+November+20%2C+2017.pdf
https://static1.squarespace.com/static/5a78c20d268b9640f31e48d3/t/5aa985fe0d9297a5989f86c0/1521059327039/GRB+February+7%2C+2018.pdf
April 11, 21018 - Greenbriar Capital's RealBlock Adds Phoenix’s Landmark Title Assurance To Blockchain Enterprise (Apologies, guys, I cant get rid of the darned underlines here and below!)
Real Block is going LIVE with the biggest title insurance broker iin Arizona. Tom Sullivan controls both Title Security of Arizona and Landmark Title Assurance. Further Tom (via Title Security) is a joint venture partner with First American Title (FATCO), which is the second largst title insurance co. in the U.S. He's a big, respected and highly influential industry player and he's going to sell the rest of FATCO on Real Block per GRB.
But if they think they are going to do $14m in profits a year out per their presentation, they obviously feel they are going to be successful getting more than just the rest of FATCO on board using Real Block . It looks like they feel strongly that they are going to get multiple big title insurance compnaies on board their block chain. If they are going to do what they say they are going to do, then they will need to start issuing some NRs, LOL!
Below is the April 11 NR cut and pasted:
April 11, 2018 Toronto Venture Exchange Symbol: “GRB”Issued and Outstanding: 17,894,647
Greenbriar Capital's RealBlock Adds Phoenix’s Landmark Title Assurance To Blockchain Enterprise.
April 11, 2018 - Greenbriar Capital's RealBlock (GRB-TSX.V), the first publicly traded real estate blockchain enterprise, is pleased to announce that Landmark Title Assurance Corp. of Phoenix has agreed to integrate RealBlock’s blockchain technology into it’s day to day operation. This announcement comes just weeks after Title Security of Arizona announced it will be using RealBlock’s disruptive technology. RealBlock is a wholly owned subsidiary of Greenbriar Capital Corporation (GRB-TSX-V).
In 2017, Title Security and Landmark Title Assurance were responsible for nearly 20,000 separate real estate transactions and underwrote title insurance in excess of $3 USD billion. The proprietary blockchain software will greatly reduce fraud, and decrease the costs associated with real estate transactions, from offer acceptance to closing. RealBlock’s technical effort is being headed up by Professor Todd Taylor, the founder of the Blockchain Lab at Arizona State University.
According to Title Security’s CEO, Tommy Sullivan, “The addition of Landmark Title means that the risk-removing, and time-saving attributes of RealBlock will now be used in over 25 offices in Maricopa and Pima County, (Greater Phoenix and Tucson) the state’s two largest counties. Based on the feedback I’ve received from other escrow and title agencies...we expect many more to sign on with RealBlock.”
I haven't done much DD on the real estate; all I know really is that they got it for a song and what I read in the presentation. I'm happy to share my DD on the other two big things. Please do your own DD, as I have. I think there is outstanding risk /reward here w/ a market cap of about $20m Cdn.
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