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Greenbriar Sustainable Living Inc. (V:GRB)

Business Focus: Construction & Engineering (NEC)

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for GRB within the last 6 months
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Company News

Mar 18, 2024 20:34 ET
Greenbriar Plans to Break Ground on Sage Ranch in April
Scottsdale, Arizona--(Newsfile Corp. - March 18, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the schedule to break ground on Sage Ranch will be within the month of April, 2024. The ongoing drama between the TCCWD and the city does not affect our schedule. The company owns and has access to all of the deeded water rights, and any additional sources. The WSA was accurate and complete. The city council was correct in its approval of the WSA. The TCCWD wants to be a land planning agency, and the law does not permit this role. The city was correct in its full approval of the project. During all of the settlement negotiations with the TCCWD, and in front of eight lawyers and the company, the TCCWD emphatically stated they had no issue with Sage Ranch alone. The TCCWD stated during multiple settlement talks that their issue was what the city additionally permits after Sage Ranch. That is not the business of the TCCWD to hold permitting authority over the city. The city has lots entitled since 1898. Those lots are not being permitted and therefore was not part of the WSA's correct analysis. 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. The TCCWD uses deeded water rights of all owners who do not use those rights in any given year, and sells them on a yearly basis to ag companies who lease the land from certain TCCWD directors. The TCCWD is in a full conflict of interest. In addition, the president of the TCCWD board tried to buy a portion of the original Sage Ranch from Greenbriar in 2017. Greenbriar said no, and the current TCCWD president was denied owning a piece of Sage Ranch.
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Feb 16, 2024 11:35 ET
Greenbriar Announces Dividend Policy and Expanded Real Estate Project Pipeline
Scottsdale, Arizona--(Newsfile Corp. - February 16, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC PINK: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that our new Greenbriar Director Chris Harvey, has recommended for executive approval, which is granted, a cash dividend policy whereby 35% of the annual free cash flow (FCF) derived from any of the company's projects, specifically at this time Sage Ranch and Montalva, will be distributed to all shareholders via a future annual cash dividend that is in compliance with all standard and customary regulatory policies in both Canada and the United States. Further, starting prices at our Cardero Ranch project will be approximately USD $200,000 for a 650 square foot starters unit and the corporate terms for the entire project begins at a carried interest of 20% of the FCF net of third source funding. The project is outlined for 3,500 units of mixed use.
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Valuation Ratios

Industry
Sector
Beta
-0.17
--
--
Price to Sales - TTM
--
1.57
3.45
Price to Book - most recent quarter
3.12
3.18
2.85
Price to Cash Flow per share - TTM
--
13.94
12.19
Price to Free Cash Flow per share - TTM
--
39.76
28.67
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Mar 31, 20241190
Feb 29, 20248,076-1,747
Feb 15, 20249,823727
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Business Summary

Sector:  Industrials Industry:  Construction & Engineering

Greenbriar Sustainable Living Inc., formerly Greenbriar Capital Corp., is a developer of entry-level sustainable housing, renewable energy, green technologies and sustainable investment projects. It is primarily involved in the acquisition and development of wind and solar energy farms in the United States and renewable energy projects in Canada. It is focused on its three primary projects: Sage Ranch Project, Montalva Solar Farm and Alberta Solar Project. Sage Ranch Project is a 1000-unit entry-level sustainable residential community located in California. It is a Greenbriar sustainable residential community, which is a 138-acre site located between the parallel arterial roads of Valley Boulevard and Pinon Street near Downtown Tehachapi. Montalva Solar Project is a 320 MW DC and 160 MW AC photovoltaic electricity generating solar facility located in the municipalities of Guanica and Lajas, Puerto Rico. Alberta Solar Project is a portfolio of projects totaling 400MW in Alberta, Canada.

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