Greenbriar Capital TSXV:GRB, www.greenbriarcapital.com

I’ll summarize for you. Do not count on any RB royalties until you see them in sedar. Forecast jack squat for the balance of 2019. If I’m wrong I’m off by I’d guess ... $10,000 bucks.

If I’m a Director I’d probably want some of that $1.7m to reduce some of my $2m in loans outstanding that have been o/S for the last 5 years call park.

Jeff ‘s 50% Sage if he can get the DOD deal done will be a CASH COW. If not it will still be glorious If what we’ve been told about Sage and Anderson AFB is true. I think it is. Waiting for the enviro reports at the end of Aug and rhen there’s a public input process.

I think Montalva was spun out too soon! It would have made much more sense if the balance of the co was RB that at one time appeared to have the potential of making this co a 20 bagger. Key word: appeared. If they had been able to get it working try 30 bagger. Or nothing If it didn’t work.

By the way and not to brag but for the record I was purposely throwing shade and trying to help the cause for months to reduce expectations to 10 to 15k transactions a mo. Exit 2019, And not 60,000 /$14m that he maintained in his webcast and in a subsequent NR.

I’m no expert in solar that’s for darned sure. This maybe near max pessimism insofar as PREPA is concerned, but I doubt that.

The PREPA financial restructuring proposal had PREPA (this means the citizens) paying $23B back to the bond holders from now to 2067?? to pay back $9b owed. Even if you aren’t on the grid you’d be taxed per one article I read. So true microgrid owners and backers would be screaming from their solar panels!

But they can’t let PREPA go under and the US govt has a huge role, you can’t have no utility!

Maybe they put in guarantees and back stop somewhere, some how. Who knows.

The max news cycle pessimism and the activities in the background do not necessarily go hand in hand.

Hopefully things in the background are progressing but man it’s an extremely complex situation there. While I don’t think PREPA is at max negative news I perhaps Montalva is and that’s the opportunity in GRB. That s what the challenge for investors is imo.

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Lots of guys here not reading my SH posts obviously

Here is the news link on the governor folding to the peoples demand, that was about 2 weeks ago

www.cnn.com/2019/07/25/us/puerto-rico-cr...-thursday/index.html

I am still holding, was thinking of averaging down too. This is a solid long term play

I noticed a pickup in activity here so thought I would post the market book. Bids are still very thin and looks like we could drop further. I am waiting for some better indication of a bottom or see if we become more oversold to suggest buying. Nothing wrong with bids below market right now

Another point to consider. The $10 or $16M revenue projection whatever you go by is revenue, not profit. The royalty goes right to the bottom line with no expense so is much more like a profit number than revenue. Only in time will we know how this works out. I am neutral on the realbloc sale. Might be better with a royalty, maybe better if it was not sold? 50/50

I bought for the Montavla project and although there is a lot of political BS involved, the island is pretty much in revolution and a lot of change will come. The people demand it. The governor was forced to step down, the people are taking to the streets to make change. Puerto Rico will end up mostly wind and solar, it is their own natural resource that they have more of than maybe any other US state. Oil will be dead, it is only the corruption that has kept that going.

Is Hoss into this stock, wonder what the cloud chart is telling him

Good point about the $1.7M. Also consider if Greenbriar can get over $100k per month on realbloc royalties, the company could be self funded and would not need to dilute very much at all

GB don't see a good bottom indicator on the chart yet, but sure looks like sell off a result of realbloc news. Struthers had a much lower revenue projection than GRB and if I remember his comments were that new technologies always take longer to implement than one expects.

With this in mind, perhaps it is better for the majority to be in another company, Titlelog to put a stronger focus on sales. GRB has a low burn rate, looking at 2018 financials the $1.7M cash on the sale should finance the company for a year at least.

Ron, the thin bids were a factor and we are pretty low, Thinking of putting in a bid, seems to be way over sold. Maybe confusion on the sale of real bloc?

A couple articles that highlight the continued turmoil in government finance and PREPA

www.nytimes.com/2019/07/25/business/puer...r-restructuring.html

caribbeanbusiness.com/ieefa-puerto-rico-...ffordable-debt-deal/

Bids are looking pretty thin

Some good points. I really did not invest because of Realbloc. Maybe we will get enough out of it to pay the yearly day to day expenses? I think the better value is Montavla and the Real estate

I would ball park guess we’ll see nil to $150,000 in transaction royalties in 2019. If Tommy’s whole operation went live and they were paid on transactions Grb gets c$10k / mo.

The NR was poorly written and if you're not into the details, it’s easy to be misled to think the royalties deal are better than it is. IF for eg, HALF of the 2500 transactions are opening transactions - the NEW thing that drives revenues - then you need HALVE the $10k to $5k per mo. For Tommy.

This assumes that Tommy pays a royalty at all! It will be peanuts for a couple of years at least.