-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Dx0K3zxWRlhookDeQcNFuouMMw10smAzLrwXbR3fvT6tQe1GVZXdSfOIKAe8CH4i
 lt4CVk9coA5OSHlDSROnuw==

<SEC-DOCUMENT>0001010549-03-000001.txt : 20030106
<SEC-HEADER>0001010549-03-000001.hdr.sgml : 20030106
<ACCEPTANCE-DATETIME>20030106171026
ACCESSION NUMBER:		0001010549-03-000001
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030102
ITEM INFORMATION:		Other events
FILED AS OF DATE:		20030106

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREENBRIAR CORP
		CENTRAL INDEX KEY:			0000105744
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-SKILLED NURSING CARE FACILITIES [8051]
		IRS NUMBER:				752399477
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08187
		FILM NUMBER:		03505531

	BUSINESS ADDRESS:	
		STREET 1:		14185 DALLAS PKWY
		STREET 2:		STE 650
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240
		BUSINESS PHONE:		9724078400

	MAIL ADDRESS:	
		STREET 1:		14185 DALLAS PKWY
		STREET 2:		STE 650
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESPAC INVESTORS TRUST
		DATE OF NAME CHANGE:	19900605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEDICAL RESOURCE COMPANIES OF AMERICA
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>green8k010203.txt
<TEXT>

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549





                                    FORM 8-K


                                 CURRENT REPORT


                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934





        Date of Report (Date of earliest event reported): January 2, 2003



                             Greenbriar Corporation
             (Exact name of registrant as specified in its charter)



         Nevada                       0-8187                      75-2399477
- ------------------------       ---------------------         -------------------
(State of incorporation)       (Commission File No.)         (IRS Employer
                                                             Identification No.)


              14185 Dallas Parkway, Suite 650, Dallas, Texas 75254
           ----------------------------------------------------------
           (Address of principal execute offices, including zip code)


                                 (972) 407-8400
                                 --------------
              (Registrant's telephone number, including area code)


<PAGE>

Item 5.  Other Events

         James R. Gilley,  Chairman of the Board,  President and Chief Executive
Officer of Greenbriar  Corporation  died on December 30, 2002. Mr. Gilley joined
the Company in the above named positions in November 1989.

         The Board of Directors has elected Gene S. Bertcher  interim  President
and Chief Executive Officer.  Mr. Bertcher,  a Certified Public Accountant,  has
been Executive Vice President and Chief  Financial  Officer of the Company since
November  1989.  Mr.  Bertcher was a director of  Greenbriar  from November 1989
until September 1996. He was re-elected to the Board in 2000.


                                   SIGNATURES
                                   ----------

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

January 2, 2003

                                                        GREENBRIAR CORPORATION




                                                        By: /s/ Gene S. Bertcher
                                                           ---------------------
                                                           Gene S. Bertcher
                                                           President & CEO

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
