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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

Comment by 31Floorson Dec 02, 2018 12:45am
43 Views
Post# 29050506

RE:RE:GRB reports (older) by Clive Maund and Ron Struthers

RE:RE:GRB reports (older) by Clive Maund and Ron Struthers

I don't know how to open up that link to Ron Struther's April 2018 report on a mobile device.  I think both reports are well worth reading, but here are 3  quotations, anyway:



"What I learned was another case of being in the right place at the right time, some conscious effort and luck. CEO Jeff Ciachurski is one of the most conscientious CEOs when it comes to preserving shareholder value that you can find in any public company."

*******

"When it comes to real estate, Blockchain technology could play a vital role, especially with title search and registration in the U.S. It seems to be a much more complex problem there compared to Canada and it is not uncommon for buyers to purchase Title Insurance.

Greenbriar has launched a wholly owned independent subsidiary company called Realblock, a first of its kind functional real estate blockchain enterprise. The company will unleash the key attributes of blockchain on the transaction-heavy real estate industry, not as an academic exercise, but as a real-time solution to the entire real estate market. Blockchain allows for a faster, safer and cheaper real estate transaction and Realblock will be leading this change.

Realblock is partnering with top title insurance and escrow companies, and with the founder of the Blockchain lab at Arizona State University. Proprietary software will streamline and decrease the costs of the escrow and title insurance process, a byzantine paper-heavy and rubber stamp process that has seen little change in decades."

****

"It is rare to find a company with such a low amount of shares outstanding and a low valuation compared to the potential value of its assets. The low amount of shares speaks volumes about management protecting shareholder value and fiercely rejecting dilution. At an even $1.00, the company is being valued at only $18 million. The annual projected revenue from the Montalva solar project at US$58 million is four times the current valuation."

31F 

 
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