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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > Water District's Final Reply Brief
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Post by shneps on Mar 12, 2024 9:00am

Water District's Final Reply Brief

I was wondering why I hadn't been sent the District's final reply immediately upon availability yesterday from the head bottlewasher.

Now I see why.

It is a pretty throughly written final response to the City and certainly appears to be well supported through emails and legal supports.
Most of my previous comments seem to be notated in the brief. i.e. The City merely saying "We disagree" (not verbatim), the document sent by Jeff in support of the water rights, Sage Ranch will reduce water by 40% but they will use 20% as a conservative estimate (unsupported), supplying of water via the developer merely using their water rights available and then just paying fees for supply once rights are exhausted, reducing size of Sage Ranch to save water is unecomomical for developer (this has nothing to do with the actual supply of water analysis), as the District is the water supplier its inputs related to the water supply are a very relevent requirement, taking water from other customers is not a legal alternative as per the agreements.

These are just a few items but people can read the document for themselves.

March 29th is the next court date.

https://www.tehachapinews.com/news/sage-ranch-lawsuit-hearing-delayed-now-set-for-march-29/article_a3907154-dff4-11ee-ae67-c7056d5ac46c.html

https://bloximages.newyork1.vip.townnews.com/tehachapinews.com/content/tncms/assets/v3/editorial/2/65/26573db6-dff5-11ee-8d17-6702850cf0bb/65ef831b909cb.pdf.pdf
Comment by shneps on Mar 12, 2024 9:37am
"As a corporate officer, Mr. Ciachurski has a fiduciary responsibility to the shareholders of Greenbriar and is legally prevented from engaging in self-dealing. He is otherwise prevented from co-mingling his personal assets with the assets of the company. Therefore, it is not reasonable to expect, nor is it legally permissible for Mr. Ciachurski to assign over his personal water rights to the ...more  
Comment by tylerreddick on Mar 12, 2024 10:06am
Haha, yeah sure. I guess you haven't been involved in the stock market for long.
Comment by shneps on Mar 12, 2024 10:11am
WHAT????? What possible kind of response is that?
Comment by tylerreddick on Mar 12, 2024 10:23am
A response based on reality.  By the way, since you have no skin in the game, and are only here to settle some personal grudge you have against Jeff. may I kindly request that you take a hike?
Comment by Baserunner on Mar 13, 2024 5:08am
Does it mean the court date being pushed to end of March the start is  not going to be in April? And could this stop the project altogether and have 2 insane projects on the NO go path?
Comment by Stauffacher on Mar 13, 2024 5:33am
ask Jeff. 
Comment by Baserunner on Mar 13, 2024 6:40am
Thank you! I forgot about that solution! 
Comment by Jimmyjohn1111 on Mar 13, 2024 9:57am
Whats to stop Jeff from selling those rights for $1 or some sort of deal that moves ownership to the company.
Comment by shneps on Mar 13, 2024 10:04am
I'm curious. Can you expand your thought process a little better. Please and thank you
Comment by Dearlol on Mar 13, 2024 10:12am
Were the WD lying in their brief? ?  Hopefully is a lie , or mistake .  Because what they were saying are not making sage ranch look good . How Jeff gonna counter this time ? 
Comment by Stauffacher on Mar 13, 2024 11:06am
Who is WD? thx
Comment by shneps on Mar 13, 2024 11:14am
The Tehachapi Water District.
Comment by tylerreddick on Mar 13, 2024 11:37am
Nothing. The Water District is just trying to do anything to keep the water for the farmers and starve the city.
Comment by Jimmyjohn1111 on Mar 13, 2024 11:52am
Currently my understanding is Jeff owns the rights, according to WD GB cant just use those rights on Jeffs word (reasonable).  Fairly easy to transfer those rights with a sale.  To be fair I have been a little confused this hasn't happened before now just to put all things under one umbrella.
Comment by tylerreddick on Mar 13, 2024 12:23pm
Jeff, and the other insiders who own water rights, don't want to give them up until it is crystal clear that Sage Ranch is going forward. I would do the same.
Comment by shneps on Mar 13, 2024 2:20pm
Nobody out there currently would pay half the price for water rights that they did. The only way for them to get paid back (and more) is by having the company pay for them. Remember that you are only potentially getting a dividend from "free cash flow". Not from money they spend ahead of time. I see the store front that Heidi bought, then sold to Jeff the same day two years ago, which ...more  
Comment by shneps on Mar 13, 2024 2:24pm
I believe you have that comment backwards. "The Water District is just trying to do anything to keep the water for the farmers and starve the city." In reality, "If you take the water from the farmers the City will starve"
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