Glenbriar Technologies (fka GBRT)

[RichieBoy]

Spoke to Rob Matheson

I'll cover this in the Q&A I presented that will be easiest to present here.

Why do a listing on the Frankfurt Exchange? Basically to facilitate the customer Peek Hill a customer in Westbank BC had clients in Germany. It's basically a Bulletin Board there are no regulatory compliances or any fees.

How is Brazil doing with the B2B infrastructure? They have been trying to get financing in the US to adapt the software and to roll out the product. So far financing has not been closed yet.

Any plans to return to the VSE? That would necessitate GBRT providing something more , something with some buzz in it EG: A public offering or a business acquisition "trigger". Something that would ignite volume on the TSX:V

Any other plans? We have some "irons in the fire" nothing I can talk about today though

Which is more lucrative Tekhead or Peer 1 contract? Peer 1 PearTree is now returning revenues 7-12% higher making up for any losses in the oil well revenue and PearTree is expected to do much better moving forward

Has GBRT got any imminent news or anything major they are looking to close on? Nothing imminent but Glenbriar continues pursuing financing so GBRT can acquire an IT services firm up and running in the Toronto area. We have received offers from venture capitalists in the 43% range and bridge financing from a Toronto fund worked out to 22%. To be cost effective Glenbriar is looking for something around the 7% mark and continues to look at other avenues

I gave Rob some slack to talk on where they are at (brave of me what?) I will touch on that in the next post.

Cheers...Rich