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.

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Greenbriar Sustainable Living Inc > Shneps, this is not the Captiva message board

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Comment by nbinvestor11on Aug 15, 2022 10:57pm

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Post# 34898326

RE:RE:RE:RE:RE:Shneps, this is not the Captiva message board

Sven:

You are correct - it is only an option until all the payments are made. PWR can exercise the option after the payment.

However, all PWR would have to do is go to a hard money lender/hedge fund and pledge the option agaist the loan.

Let's say - PWR borrows 5MM against the option - pays Greenbriar and (option turns into a JV)

If PWR defaults on the loan to lender (the lender gets the JV).

I beleive that their are many lenders who would risk 5MM for a 50MM default.

If PWR does not end up with the 50% it will end up in court and that is not good for anyone.

NB

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