Glenbriar Technologies (fka GBRT)

[BrutalTruth]

Re: Glenbriar Dec 8th update


You know, I don't mind at all that there's no hint of a buyout at the moment. Nor do I mind that the key financing is bleak. The key here is that Glenbriar is a company with a strong enough business plan to consistently pull in a profit with decent enough management that tells it how it is. A company like this will EVENTUALLY get rewarded with financing or a buyout. While the market is building a bubble with its Amazons, Netflixes, and Starbucks ready to burst at any time and half the garbage on the Venture can't even pull a profit, this company is quietly making its money quarter-in and quarter-out.

Right now the only thing we suffer is a liquidity premium and lack of recognition and I'll take those over Enron candidates any day. All I can say to any Glenbriar doubters out there, compare this:

http://www.sedar.com/csfsprod/data59/filings/00813984/00000001/C%3A%5Cfilings%5Cglenbriarfinancials0...

to one of my former holdings in the industry before I dumped it in favour of Glenbriar, Nuvo Networks:

http://biz.yahoo.com/ccn/051129/200511290299521001.html?.v=1

Trying to use the smoke and mirrors of a 30% gain in revenue through acquisitions (which only is now comparable to Glenbriar's revenue to market cap despite Nuvo losing something like 70% of its market cap this year) to disguise their HUGE loss. And you can go up and down the Venture and you will see the same thing over and over again.

Glenbriar may not have impressive growth this year, but that shows to me that they are NOT willing to sacrifice the bottom line JUST for growth, and that revenue growth isn't everything. While I'm somewhat contradicting myself, the fact that the company is looking to expand in Brazil is something that I strongly approve of. Even if costly, Brazil I beleive has much more potential than China on a per capita basis and developing ties to this country is very, very smart. Choose quality, not quantity like Nuvo.