Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 shnepson Mar 18, 2024 10:52am
128 Views
Post# 35938245

RE:I will admit, this isn't helpful

RE:I will admit, this isn't helpfulSage Ranch is moving ahead full speed.- (March 8th 2023 NR)
 

The Greenbriar professional engineering team will be filing all of the completed engineering construction plans for all of the improvements for Phase I construction within the next 10 days for the purpose of obtaining the construction permits. - (Dec 4th 2023 NR) - If this was the case the permits should have already been issued.

 If, as requested by the district, the court were to find the analysis inadequate, the city may revise and reissue the WSA to address any inadequacies and move forward with fully entitling the project. - (Dec 11th 2023 NR) Within this statement it says that they cannot begin construction because the project is not permitted if a new WSA analysis is required (or even entitled).

Only after the construction of the project, will the DRE be requested to issue the final white report (Public Report) for the project. Any potentially required analysis of water supplies will be resolved well before then. - (Dec 11th 2023 NR) Are they moving ahead without being allowed to accept non refundable deposits or sell any homes/lots without a yellow report from DRE (which has yet to be applied for).

There was to be a new website released a year ago (like the Toll Brother website) and yet they have not updated the previous website from 2021. The Keller-Williams team mentions virtually nothing on their on ow website or facebook page about Sage Ranch. The Sage Ranch facebook page hasn't had a post since 2022.

I personally find it very difficult to believe that they can have shovels in the ground within two months, let alone two weeks from now. 
There are more (not less) red flags, that are waving in the air currently with every document released.
I still personally believe everything is up to the court's judgement and Greenbriar has basically admitted this with the potential of having to redo the WSA.
<< Previous
Bullboard Posts
Next >>