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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 whoami2uon Mar 18, 2021 11:01pm
187 Views
Post# 32835565

RE:Jeff's email

RE:Jeff's email9Islucky.... My comments on Jeff's email are as follows:
Jeff is doing what he always does. He is defending his company, presenting evidence, and correcting false information.
Greenbriar's lawyers are no doubt involved. Writing personal letters to rectify this situation might be futile, in my opinion, as the FOMB will more than likely only reconsider changing their decision if it came from a higher authority, of which, as Jeff has stated, have been contacted.
The biggest grievience I have with the whole process is the FOMB allowing PREPA to choose the 150mw instead of doing the hard work themselves of researching all the projects and hiring an outside firm to educate them on how important it is to look at the cost savings to rate payers that can be obtained through the technical aspects of each project. Why look at paltry one time transmission costs and overlook decades of savings though excellent engineering?
6 months to choose 2 projects is ridiculous.
For those of you who want to question the FOMB's decision or procedures they can do so on the FOMB's homepage found HERE
Directions on how to submit a comment/question will be posted on their homepage the day before, and of, their next monthly meeting which will be held on friday march 26th. Your submission will be read by Natalie. The next PREPA  meeting is this Wednesday, although they'll probably avoid the topic of the 150mw like the plague.
Again, in my opinion, Montalva is on the back burner for now. The next catalyst should be the Sage Ranch approval. Alberta seems promising but won't move the share price until there's public documents/fiings/cashflows to back it up.
GRB is still a speculative play with an outspoken CEO, projects embroiled in political controversy (FOMB), corrupt jurisdictions (Puerto Rico), very little public filings (Alberta) and extended delays (Sage Ranch).
Jeff likes to conquer the impossible, and he definitely has his hands full.
Outside of Alberta we all know Sage and Montalva are bonifide projects that require investor patience, a tough thing to have in a high flying stock market like we are experiencing now.
Unfortunately Montalva has become a soap opera now.... so if you paid admission and have the time, sit back and enjoy the show.

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