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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 Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Post by GustKingon Nov 23, 2018 7:18pm
93 Views
Post# 29016400

Greenbriar Summary

Greenbriar SummaryGreenbriar’s strategy is delivering High Impact projects that provide superior returns to its shareholders, with leverage from an exceptionally tight share structure of 19 million shares outstanding and 23 million shares fully diluted. Three of the company’s projects are at exciting stages of development.

1. Montalva Solar Project, Puerto Rico Greenbriar signed an Agreement with PREPA for a solar project that will result in US$191 Million NPV earned by Greenbriar. The Company is working with members of the US Congress to advance legislation that will ensure it will be built. The Company’s position is back stopped by a US$951 million RICO lawsuit. A decision is expected as early as the end of 2018 and management is eagerly awaiting the results.

2. RealBlock - Real Estate Blockchain A real time financial solution that is a disruptive technology. The RealBloq blockchain is being co-developed by Tommy Sullivan, a leading title insurance organization (and cofounder of RealBlock) for itself as the lead customer and the trillion dollar title insurance industry. Commercial operations commenced October 8, 2018 and the Company is forecasting income of US$14 million after 12 months.

3. Tehachapi, California – Sustainable Housing A deeply discounted purchase price obtained from a distressed sale of land in 2011 provides this opportunity. A real estate development consortium has been created to advance this project commencing in 2018, with construction expected in June 2019. The project is a 1,052 unit townhouse development. Revenue of $350 Million over the life of the project with 50% to Greenbriar
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