Greenbriar Sustainable Living Inc V.GRB

Green Matters Technology

[shneps]

I read the most recent NR over again and find the Green Matters Technology paragraph beyond bizzare.
"Greenbriar provides consulting services to Green Matters whereby Greenbriar is retained by Green Matters as an Advisor for Real Estate and Renewable Energy Development, with the scope of Greenbriar introducing certain large real estate projects, in addition to Sage Ranch, to Green Matters as possible candidates to use the Captive Energy K500 ("CE-K500") industrial heat recovery system and similar systems made or designed by Green Matters. Greenbriar's largest of shareholders, plus our advisors, own hundreds of millions of square feet of commercial and residential real estate all over the world, and such access allows Greenbriar the opportunity to generate billions of dollars of sales for Green Matters with a direct financial benefit to Greenbriar."

I will highlight the paragraph and then respond with the corresponding highlighted colors.

Where does Green Matters (who is in the over decade long development of the CE-K500 unit) come up with $1.2M+ for consulting payments to GRB?

"During the period ended September 30, 2022, the Company received 900,000 shares in Green Matters Technologies Inc. which is a private Canadian corporation. The shares were received as payment for consulting services provided by the Company which was valued at $1,213,200." - Greenbriar 09/30/2022 Financial Statements

These shareholders and advisors own "hundreds of millions of square feet".
Have they ever bought units for their hundreds of millions of square feet?
Apparently not. Two units sold seven years ago.
If you are an investor in a company, you own huge volumes of the assets that their products are built perfectly for installation within, you could get (at the very least) a product at cost and have it installed in your asset.
Perfect for a commercial, institutional, condo tower or residential multiplex.
You want to promote the product and you get it on the cheap.
"We are so proud of the product we produce we're placing it in our own facilities with great success."
Does that not at the very least make sense?

What large real estate developments besides Sage Ranch? Jeff had stated previously they weren't looking for additional real estate developments currently.
Seeing as the PDP's (100% engineered) for Phase 1 of Sage Ranch have already been submitted then the Green Matter units are either part of the building or not.
Not "as possible candidates".

[9Islucky]

The 900,000 shares and the $1.2 million are probably the same remuneration.The delay in making sales since the installation 7 years ago is due to the need to proof out the system over time.Green Matters is gearing up to sell,now that the system is proven.What ifs puzzling to me is that we don't appear to have a formal arrangement with Green Matters,but will try to informerly find other

[SuperTrader1970]

Yikes! Dropping Should everyone be worried?

[navajojoe]

This post has been removed in accordance with Community Policy

[shneps]

9Islucky they are the same. Greenbriar was issued 900,000 shares at a valuation of $1.35 for the $1.2M+ for consulting services. Jeff incorporated the company (Green Matters Inc.) on May 20th 2010 in British Columbia. The name was later changed to Green Matters Technologies Inc in 2017. I personally believe this type of technology is valuable. Heat loss in the air conditioning process is

[9Islucky]

If Jeff incorporated the co. In 2010,wouldn't we expect that he is a major shareholder.I believe that the No. of shares outstanding is 125,000,000.which would imply a total market value of $169,000,000,if each share is worth $1.35.That would seem to be steep for a co. without sales.  Would like a merger or formal agreement with Green Matters,if we are to partner with them to obtain

[navajojoe]

This post has been removed in accordance with Community Policy

[shneps]

It put over $1.2M on the books for 84% of the revenue in the 3rd quarter.

[9Islucky]

What did we do for the other 16%?