Gold River Productions, Inc. (D/B/A Trans American Aquaculture) Shareholder Update and Presentation
Gold River Productions, Inc. (OTC PINK:GRPS) released its first shareholder update for Trans American Aquaculture, detailing operational plans, financial projections, and key events.
The company is poised for a strong 2023 shrimp growth season, targeting 1.2 million pounds of antibiotic-free shrimp, projecting $4.4 million in revenue. Plans include a name change, new ticker symbol, and an upcoming multi-year financial audit aimed at uplisting by year-end. The update highlights the company’s commitment to sustainable practices and emphasizes the potential for significant revenue growth in 2024 and 2025.
- Projected $4.4 million revenue for 2023.
- Targeting 1.2 million pounds of antibiotic-free shrimp production.
- Plans for a name change and new ticker symbol.
- Uplisting planned by the end of 2023 after multi-year financial audit.
- None.
DALLAS, TX / ACCESSWIRE / February 16, 2023 / Gold River Productions, Inc. (OTC PINK:GRPS) ("GRPS") (http://www.transamaqua.com) (D/B/A Trans American Aquaculture) issued a shareholder update presentation which outlines operational status and go-forward plans, financial projections, and significant corporate events.
Dear Shareholders,
As we carve the path forward for Trans American Aquaculture, we would like to present our first formal shareholder update. We are excited for what the future holds for the company and our shareholders and we would like to share a few key milestones, projections, and events with you today. A link to the presentation and additional details can be found here GRPS/TAA Shareholder Update.
First, Our 2023 shrimp growth season is underway with the production of our proprietary post larvae (baby shrimp) and puts us on track for an early summer first harvest. Key Milestones of the production process are detailed out in the presentation.
Second, we are projecting two full harvest cycles with a production target of 1.2M pounds of pristine, antibiotic and hormone free shrimp.
Third, based on production targets and current market pricing, we are projecting
Fourth, we are in the process of formally changing the name to Trans American Aquaculture, Inc. This will include a new ticker symbol as well.
Lastly, we have started the process of a multi-year financial audit as part of our plans to up list by the end of 2023.
We are very excited at the opportunity that lies ahead for the company and our shareholders, and we want to thank you for your continued support.
Best Regards,
Adam Thomas
Chairman and CEO
About Trans American Aquaculture
Trans American Aquaculture produces premium quality, farm-raised white shrimp,
Using decades of experience in the shrimp aquaculture industry, our products are grown with our superior technology and our proprietary genetics which results in a superior fresh product always grown in the United States. For more information, please visit http://www.transamaqua.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate.
CONTACT:
Adam Thomas
For inquiries:
Email: adamt@transamaqua.com
SOURCE: Gold River Production Services, Inc.
View source version on accesswire.com:
https://www.accesswire.com/739582/Gold-River-Productions-Inc-DBA-Trans-American-Aquaculture-Shareholder-Update-and-Presentation
FAQ
What are the revenue projections for GRPS in 2023?
What is the shrimp production target for GRPS?
Is GRPS planning to change its ticker symbol?
When does GRPS plan to uplist its stock?
