Greenbriar Sustainable Living Inc V.GRB

Land for Montalva

[SvenVandeBroek]

From Cliff Webb, PE who is the President of all of Greenbriar - not to be confused with Luis Baco, JD LLM, the President of Greenbriar Puerto Rico. (PBJL) 

 

To all shareholders on social media.  

 

Contrary to the misleading statements by Shneps on social media we currently have active lease options backed by executed land purchase options totalling 1,064 cuerdas (1,033 acres) out of the total of 1,799 cuerdas (1,747 acres).  For the parcels not under contract, we have commitments from the landholders (GRB shareholders) for the use of their lands.

 

The MD&A speaks to the Montalva project not just as a planned 165 MW ac project as proposed to PREPA in 2019 (at their request for more capacity) and is as filed under our permit application at OGPe (2020).  The 80 MW ac project covered by the PPOA is only the first phase of the total project.  

In that regard, we have more than enough land for the first phase of 80 MW ac and likely only need 3 parcels in trust, but can easily add land on the Lajas side as needed.  Further, we will have more than we need using available 620 watt panels instead of the 400 watt panels assumed by CMEC. 

Further, only the land holdings south of Hwy 116 are needed for the 165 MW ac project and all parcels can support 234 MW ac as shown by the CMEC layout using all parcels.  This is in anticipation of upgrades in future transmission capacity for 234 MW ac.

The above 1,033 acres consists of Parcels 1-5 including both north and south sections of Parcel 1.  We are actively with one shareholder to go after Parcel X as soon as we wish.  These parcels connect the two sides.  That adds an additional 100 cuerdas.  One cuerdas is 0.971 acres.  Parcels 1 and 2 are extended to 12/31/25 and we extended the purchase options on 3, 4, 5 plus 7 & 8 to 12/31/25.   We do not need to go forensic for the MD&A for reasons of privacy for the underlying land owners (GRB shareholders)

 

Further, directors and large shareholders continue to fund the company without selling shares and diluting

 

Hope this helps.

Cliff

[shneps]

Thanks for the President clarification. As for the land options I suppose that must be why Jeff thinks the regulatory bodies wanting the company's social media announcements to be in line with their regulatory disclosures. I mean honestly the "Cliff" message just doesn't correlate to the MD&A statements. The MD&A statements are in yellow and the Cliff statements are in

[BigGameBrass]

No comment about the PREPA board approving the PPOA in that letter though. Five months now. That's disappointing.(false statement)  Your not looking hard enough! It's out there somewhere, oh where may it be!!     

[shneps]

The latest MD&A, which is the latest regulatory disclosure to September 30th, with no subsequent event notification to November is the only official company document. If it is out there it doesn't mean shite. So we'll stick with proper NRs and disclosures.

[shneps]

Referencing the official regulatory documents (MD&A) you will also note the fact that there is no mention of Cordero Ranch or any projects in Hawaii, Arizonia or Puerto Rico housing. Why is that? I'm very happy to see the BCSC (British Columbia Securities Commission) implementing the following security law revision, related to misrepresentation and false or misleading statements

[shneps]

The corporate website is not an official document by the way BigGameBrass, but is definitely being utilized for promotion of the company. Please review previous post.

[Samren]

Thx Cliff for the update on the project that will never happen.   7 years I think is enough time to realize it ain't happening.  It's not ur fault.  The whole govt there is corrupt as is all the oversight boards.  deal dead.