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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 Hubbie87on Oct 14, 2022 11:27am
282 Views
Post# 35024812

Water Issue at Sage Ranch

Water Issue at Sage Ranch
Again we have intentional misinformation from our resident basher.
As pointed out by previous news releases and tons of information here, Sage secured the water as a safeguard with deeded water rights from shareholders.  No project can be denied anywhere in California with deeded rights. That was secured after the vexatious suit by the Water District to the City. 
 
Again, Jeff is correct, Greenbriar or Sage Ranch is not a party to the lawsuit. A party of interest means does mean the party of interest MUST be concerned about the outcome. A judge overriding the will of an elected City Government is extremely rare. So rare that the City has allowed Sage Ranch to go forward. Also only Jeff and the City has seen what is in the confidential settlement discussions. If the City produced a defective water assessment, the City is liable to Sage Ranch and the value of the project, eg, the Altus Report. Indemnity by Greenbriar does not include gross negligence and a defective water report will satisfy that, hence the approval by the City for Sage to move forward regardless of the vexatious suit by the District. 
 
Shneps, I would advise you sell your GRB and leave people alone from your neurological impairment.

A Party of interest, does not mean that party MUST be concerned with the outcome. 
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