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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

Greenbriar Sustainable Living Inc > Say what?
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Comment by shnepson Jul 02, 2024 8:40am
69 Views
Post# 36114043

RE:RE:RE:Say what?

RE:RE:RE:Say what?There is also this part of the article - 

"In a news release dated May 6, Ciachurski said that water rights owned by Strasser and another party (Paul Morris) were acquired in 2020 and are “contractually dedicated under contract to Greenbriar to supply the Sage Ranch project” the pumping rights the city required in its approval of the development in 2021."

Morris acquired water rights for 76AF on October 14th 2021
Strasser acquired water rights for 76AF on February 1st 2022
Strasser also acquired water rights for 39AF on July 13th 2022

Obviously in 2020 they entered into an option agreement with H-Star but never actually closed the transfers until after the EIR was approved.
Jeff blames the City for wanting more surface water rights, as the basis for the District's lawsuit and yet the Judge's decisions were all related to Sage Ranch. And the documents that Greenbriar along with their lawyers worked together on, with the City.
Poor decison making is the reason for all of this.

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