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 > I simply cannot get passed this one item

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Post by tylerreddickon Jun 26, 2024 8:42am

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Post# 36106601

I simply cannot get passed this one item

In the March 18th news release, and I quote;

" The TCCWD is desperate for some technical victory on a limited re-write of the WSA so they can make a claim to retrieve their legal fees. This has no impact on the schedule of building Sage Ranch nor stopping its progress. "

That is not forward-looking guidance, or anything that can be covered by the butt-covering clauses at the end of every news release. That is presented as a statement of fact, which apparently turned out to be inaccurate. How many investors bought on that assurance? I just don't understand how that passes muster? JMO

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