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Are we in a de-facto halt with this tier change? Anyone know why we downgraded? Sure seems interesting......
GM GRPS. Change is in the air, looking forward to an update.
Looks like they unfollowed, hehe, but the connection looks pretty solid at the moment.
Maybe our buddy can apply to work for the government on our new Shrimp Farm? Looks like maybe we have a different route for government connections?
https://seasonaljobs.dol.gov/jobs/H-300-21322-712876
The address on the amendment leads to this gentleman Adam Thomas out of TX...
Has two TX companies
Trans American Aquaculture, LLC
http://transamaqua.com/#team
http://transamaqua.com/
https://opencorporates.com/companies/us_tx/0802689834
Vannamei Capital
https://www.corporationwiki.com/p/35pca8/vannamei-capital-llc
(Vannamei is a species scientific term for shrimp)
https://dz.usembassy.gov/u-s-algerian-partnership-to-develop-a-shrimp-farm/
Perhaps we have a shrimp company merging in, or perhaps Mr. Thomas us using his finance expertise to take on a public company.
Wonder if there may be any connections to SHMP....
Also always keep STNT in the back of the mind...
GLTA
Heads up. Hang on tight. Amendment just posted that deletes the toxic lending and R/S risk.
Also who is Adam Thomas?
https://www.coloradosos.gov/biz/ViewImage.do?masterFileId=20181590379&fileId=20221885030
Goulding has no control over what baloney old information exists on the internet about the prior management and its business. This happens all the time in the OTC when there is a change in management and/or business classification. The age old delay in update on E-trade, plus the age-old phenomenon where old antiquated websites like yahoo don't keep the stocks information updated. No one is looking at anything 10 years old.
Financials statements are available for GRPS going back to 2015. If you look back, you will see there was about ~942 million shares outstanding then. About 345 million have been added since, all under Goulding between 2019-2021. Still a relatively low share structure and low, traceable dilution over the last 7 years (meaning you can look at the financials and see who received every restricted share).
This 10 year old baloney means nothing to anyone. If anyone is new here and has any questions about GRPS, ask away. There are many knowledgeable longs here that can chime in and give their take, and I am happy to help too.
Pink limited
Beautiful chart! Thanks for sharing, Channel, as always.
Some just can't stand to see such a beautiful chart.
Absolutely. This verbiage first appeared in the company articles in February 2022, so it is not new.
Been a while since I have done any diggin on the internet for DD, but I did see this when I searched today.
GRPS is clearly set up as a Gov't contractor in the SAM (system for award management) for any potential government contract award.
GRPS OpenGov Info
D. Wachendorfer is an accountant in Palm Coast. Looks like the last issued shares went to a relative of D. Wachendorfer, presumably for their work in being the point of contact for Govt contracts. Listed as CFO. Perhaps Wachendorfer will be a new board member at some point.
Anyone else have anything valuable to add here? Enough of the bogus irrelevant information here.
Thanks
D
Yesterday afternoon they posted this. If you subscribe to the company on the secretary of state website you can get an email when the company updates a filing.
GRPS Articles of Amendment 9/7/22
"The total number of shares of stock that the corporation shall have authority to issue is one billion three hundred twenty million (3,020,000,000), consisting of three billion (3,000,000,000) shares of Common Stock, $0.000001 par value per share, and five thousand (5,000) shares of “Series B Preferred Stock”. The balance of the twenty million 20,000,000 shares of preferred stock shall remain undesignated; any and all other designations previous designations shall be canceled."
"The Corporation shall not issue any convertible promissory notes, convertible preferred stock or other convertible instruments. The Corporation shall not engage in a reverse stock split."
I tend to think the company might make some moves soon now with a little bit of flexibility. With that, I mean PRs. Hopefully we get some legit news here and put us back to pennyland + where we belong. I've added a bit in recent weeks.
Looks like GRPS just file an amendment for increase in AS to 3B
No change to the statement regarding no toxic lending and no reverse split.
When I say looks like we're stretching it now, I mean all of the negative talking points are moot, and by bringing up the prior company descriptions, you're stretching it.
Boy looks like were really stretching it now....plastics company? LOL GO GRPS
RSHN spending $43,000 to settle the score with Nevada SOS for the proper dissolution. Real DD by nodummy was somewhat valid, but now finally squashed. (see sticky that's been up there since 2018 - time to delete)
Would be nice to hear some reasoning and opinion relative to your posts as to why investors should continue to buy and compile. Without that, the rumblings are equally as useless as the other side of things. Just saying.
Didn't you read the financials and disclosure?
Thoughts on financials...
No more LeGanja, no more Able
Assets are not added correctly on the financial statement.
Hard to tell, but it looks like there are ~20 million less outstanding shares.
Received $135,000 grant from Epidemiologic Solutions
No new shares issued in over a year
Financial says 7,782,000 preferred are outstanding, financials say 9,718,000
Apparently BB was or recently became an ordained minister. It is possibly the reason or part of the reason why BB may not want to be involved anymore. Ordained ministers have to exercise care in making public statements, and decide on morality in their every day life decisions, etc, etc....
Perhaps he went haywire with that, and part of the reason why there was a departure without RG even getting a reason why...
Everyone who has kept in tune with their investment here at GRPS is aware that the company website does not aggregate every press release. Its unfortunate, but true.
The most appropriate place to view all of the press releases is the OTC Markets page.
News.
https://www.otcmarkets.com/stock/GRPS/news/Gold-River-Productions-Inc-GRPS-appoints-Aerospace-Engineer-Dr-Gabe-Vlad-Chief-Technical-Officer?id=343915
https://www.otcmarkets.com/stock/GRPS/news/Gold-River-Productions-Inc-GRPS-Appoints-Michael-Berkowitz-to-spearhead-the-Rejuvenation-Division-with-StemSpa?id=314780
https://www.otcmarkets.com/stock/GRPS/news/Gold-River-Productions-Inc-GRPS-Announces-its-Veterinary-Division-Headed-by-Dr-Danielle-Morosco?id=311570
Perhaps Mr. Newton could do us a solid and upload all of the press releases and create a more formal investors page. ;)
Please post the link where Morosco and Gabe Vlad have left. Otherwise it would be wise to state in posts that this is an opinion based on one's own assessment of the recent happenings.
Also, I suggest reaching out to the company and ask about recent happenings. I have done so, at least with respect to the Bond departure, and got a prompt reply. It was nothing any of us don't already know, but I was given a reply.
Nice to see a somewhat healthy bid. We haven't seen that in some time. There must be some increased interest here before 2Q comes next week.
No Reverse Split & No Toxic Lending Risk here at GRPS.
On 2/28/21, the company updated its articles to include this note regarding toxic debt and no reverse stock split:
“The Corporation shall not issue any convertible promissory notes, convertible preferred stock or
other convertible instruments. The Corporation shall not engage in a reverse stock split.”
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181590379&fileId=20211208704
Of course this could be reversed any time, but it is a matter of fact at this moment in time.
I know, that part was sarcastic, (I'm sure everyone could figure that out though)
.003 (^20.00%)
Taking off on 33.33k volume lol
I always expressed my concern about the deal with the water rights and hemp farm. Once it was never going to happen, it had to come off the books. It was there as a placeholder to prop the market cap up. They finally backed it out. Now we have a strategic alliance with Able, which allows us to show their revenues passing through GRPS - similar set-up. However, I believe this was only if GRPS funded them. This time, Able is obviously running a legit operation that has grown from 1 to 3 locations, and appears to be commensurate with what is being shown on the financials. It definitely looks better than the water deal, but again is the money really coming through to us? No, its a placeholder, which is why they need to figure something else out or actually become the parent company of Able. They really need to stop this pretend crap and get something done. I would not be opposed to seeing them go back to the convenience store model for the gummies. So what if its smaller money at first, at least try to grow something. All my opinion
GRPS
Set it and forget it at this point. We'll go under the radar long enough, some day it will spike and it won't matter one bit whether anyone was right or wrong about all the BS.
GLTA Go GRPS!
Here is yet another jab from Dr. Bond....
Having integrity is standing firm in ones belief to a strict moral code and ethical code. Character is living according to those codes. My accountability is to God so thus I walk.
https://twitter.com/BBondFlorida/status/1547523192260116480
That's because they are domiciled in Nevada by their parent corporation ICS....
ENTITY INFORMATION
Entity Name:GREENLIGHT PAYMENTS, LLC
Entity Number:E5054022020-8
Entity Type:Domestic Limited-Liability Company (86)
Entity Status:Active
Formation Date:02/26/2020NV Business ID:NV20201725829
Termination Date: Perpetual
Annual Report Due Date:2/28/2023
REGISTERED AGENT INFORMATION
Name of Individual or Legal Entity:CODY HERSHEY
Status:Active
CRA Agent Entity Type:
Registered Agent Type: Non-Commercial Registered Agent
NV Business ID:Office or Position:
Jurisdiction:
Street Address:1980 FESTIVAL PLAZA DR, SUITE 450, LAS VEGAS, NV, 89135, USA
OFFICER INFORMATION
Title Name Address Last Updated Status
Other/ ICS US Holding Corporation 1980 FESTIVAL PLAZA DR Suite 450, LAS VEGAS, NV, 89135, USA 08/11/2021 Active
Managing Member CODY HERSHEY 1980 FESTIVAL PLAZA DR, SUITE 450, LAS VEGAS, NV, 89135, USA 02/26/2020 Active
https://esos.nv.gov/EntitySearch/BusinessInformation
Apparently shopify may not be sufficient for our needs, or may still be the wrong platform for CBD/Hemp/Cannabis sales and banking.....Greenlight is no hole in the wall operation...
“One of the biggest challenges facing the multi-billion-dollar legal hemp/CBD industry is the need for robust banking compliance and payment processing solutions,” said Christopher Johnson, CEO of ICS. “By combining ICS’ compliance solutions with Greenlight Payment’s transaction processing platform, in conjunction with Metropolitan Commercial Bank’s technology-based payment settlement solution and its comprehensive risk management culture, we are able to uniquely address this challenge. We are very excited about the entrepreneurial spirit of this partnership, which will help provide essential services and financial stability to a fast-growing industry.”
About Integrated Compliance Solutions LLC
ICS is a financial technology, banking compliance and innovative payment solution provider helping financial institutions with complex solutions. Our experience in financial services and payments technology allows us to apply the heightened federal requirements to preferred providers that meet our strict requirements. The result: a competitive, complete and stable set of services that compliment merchant goals. As your SEED-TO-BANK™ compliance partner, ICS has simply been used by more banks, more marijuana-related businesses and for longer than any one of our competitors in the space. Our services are proven and well respected in the industry. http://www.icslv.com/
About Greenlight Payments
Greenlight Payments Inc. is a Tier 1 payment processor based in California that offers a wide range of industry-leading debit and credit solutions tailored to suit individual merchant needs. Greenlight has been providing payment processing solutions to merchants across the United State since 2010. Greenlight Payments’ proprietary SMARTaccept™ device provides EMV at the speed of light; all card types; any computer language or operating system; any merchant type, low or high risk; and reduces PCI scope.
Source for the above info: https://www.yahoo.com/now/integrated-compliance-solutions-llc-subsidiary-110000367.html
https://globalhempassociation.org/founding-members/ - Greenlight and ICS is a major sponsor of global hemp association.
I can see why it might take a while to ensure compliance, as the Merchant Rules are 157 pages long....
https://greenlightpayments.com/wp-content/uploads/2021/02/merchant_rules.pdf
While some things are painstakingly slow or not very well communicated, there is a lot of sense to be made of this announcement if you dig a little....
I would like to see better information and awareness to what the full breadth of what GRPS is doing. Half of everyone here doesn't even realize they have an investment into bringing better education resources to autistic children. Half of that half haven't even realized that Able Academy appears to be doing very well with multiple locations now. I would like to know more about that success. GRPS' potential is enormous as they look to break into being a disruptor in the health and human services area with their products and business model for specialized education for families with autistic children. They also could branch into stem cell research.
https://ableacademics.com/
3 locations plus tutoring in CA. I can remember when there was 1 location.....
$GRPS
Example for someone considering 1 million shares of RSHN:
This would require one to hold their RSHN through the dividend date, and simply do nothing but receive their unrestricted dividend of shares.
Investment / Cost
1,000,000 RSHN @ .0015 = $1,500
HeliosDX Dividend; 1 share for every 650 RSHN
1,000,000 / 650 = 1,538 HeliosDX Shares
1,538 shares at the offering price of $1.18 = $1,815.38 Dividend Value
Current Pricing
Value of Your RSHN @ .0015 = $1,500
Value of Your HeliosDX if today was the divy day = $1,815.38
Total Value = $3,315.38
Total Cost = $1,500
Gain = $1,815.38
Future Example if both stocks appreciate to .01 and $2 respectively
Value of RSHN @ .01 = $10,000
Value of HeliosDX @ 2.00 = $3,076
Total Value = $13,076
Total Cost = $1,500
Gain = $11,576
The Reg A offering is an additional option to subscribe and purchase up to 17,000,000 million shares of HeliosDX at $1.18. This will raise $20m for the company. It may or may not be fully subscribed. In order to do this, you have to read the offer and follow the instructions to subscribe.
This is very similar to the prior set-up, just no discount on the divy'd shares, and no option to buy at a discount. This time its simply a divy plus an offering.
Hope that helps anyone. Feel free to correct. I've been out because I am not as gung-ho about rshn anymore, but might consider something like the above just to be a part, because I find it impressive RSHN is coming through with this. I would think it would be very popular. Will watch closely.
OTC security details updated today. No change despite 40 million less on financials.
Also website must be getting an update, not working today.
https://www.otcmarkets.com/stock/GRPS/security
https://www.grpsinc.com/
Just highlighting some the more important recent tweets that give an idea as to what to expect. All of this is copied from the twitter page.
We have taken some time to focus on our growing infrastructure, now we would like to reach out and update you as to our disclosable collaborations and future plans:
1. We are currently awaiting approval of the Governmental Contracts.
While there was much delay, it looks like we will have answers shortly on multiple fronts.
2. There will be no R/S, no AS raise, and no dilution is needed
3. 4 new products were created in the lab (beyond the gummies), unique distribution will be disclosed shortly. These products are extraordinary and have been tested - results have far exceeded the expectations. These will complement our existing products to complete the initial platform to market.
Each of these and their potential markets will be discussed in days to come.
4. More is in the works and will be disclosed soon, particularly with respect to funding.
We will keep updating as to our progress and collaborations.
Where we are: The state of the Company.
As previously stated, Gold River’s goal is to position itself with a compelling and effective cache of products that provide safe alternatives to toxic pharmaceuticals.
This is a noteworthy platform that empowers physicians with safe, effective alternatives for numerous issues, and unlike many drugs, deal with the underlying cause of the disorders. Prevention of illness, improved longevity, enjoyment of life and increasing energy is our focus. For the most part, it is mission accomplished. Dr. Bond and I have over twenty formulations that we will be manufacturing, most in the near future. But our core line has now been created, tested and indeed, expanded, to include more potential than we had originally anticipated.
And more markets.
In the next several weeks, we will be revealing the products in detail and making them available to our treasured investors pre-market. We will be revealing potential markets for the products and distribution platforms, revealing government initiatives, etc.
We are also inviting pertinent feedback related to these concerns as well, this being integral to the market from both the commercial standpoint and the stock as well. Once you try the products, we will value your input.
We will also be going into detail to explain the science behind the manufacturing, the uniqueness to the marketplace and our long/ and short-term goals for each product and for the company.
Bear with us, as this is a detailed and complicated process, for which we have taken an inordinate amount of time and effort. We are seeing the results. And they were worth it. Thanks once again for your time, patience and understanding.
The Kit: We have put together an incredible package exclusive (at the moment) to our investors. In it will be 7 products, most that are not available anywhere.
I will take the time to describe each of these products in detail, including the composition, materials and testing results. This will give our investors an exclusive window into the upcoming products, provide insight, feedback and more.
We believe that these products are unique, highly effective, innovative and touch markets that are quite lucrative. The kit also represents a possible marketing stratagem along the lines of Chewy, etc.
The products (imo)
Relief Gummies
Calming Gummies
Sleepy Gummies
Painplex
Energyplex
Stressplex (or Insominoplex)
Relief Cream
Also anticipating a pet product announcement...
https://twitter.com/grpsinc
Still here, holding and have been adding recently around .004-.005. I've added over 100k shares in May. Over 2.5 million shares now. I like the mission and vision of GRPS. I hope that we all win on this one. I've enjoyed conversing with many of you. Would be nice to get some new DD one of these days so we have something to chew on again. I remember the night RG posted the articles for GRPS back 7/25/18 almost 4 years ago. I bought my first shares 7/26/18.
GLTA
What if I put a limit order for the ask price, and it executes at a price between the bid and the ask? In other words, I was trying to clear the ask, but it gave me shares a tick or so lower, and the ask remained the same.
Yesterday the bid was over a million at one point. Hadn't seen a high bid in a while.
Pure manipulation by the MMs gripping this stock IMO.
Nice Dano! I got some .004 a little while ago myself when I liquidated a dud. It took two days to fill. Good luck.
A GRPS longs slap party back to 01-02 cents would be fun. Steal all the MM shares up to .02 and see what happens
I like the detailed information in the quarterly. Just highlighting a new timeline that I noticed.
"With anticipated funding, we look forward to completing the research and development of these products and mass produce them by the end of 2022."
Did anyone catch this? Their disclosure of a a current legal preceding ?
The company sued Western Sierra Resource Corp., a publicly traded entity. After a year of litigation, recently, Western Sierra filed a counter suit against Gold River. Our counsel feels that their claim is utterly without merit.
https://www.otcmarkets.com/otcapi/company/financial-report/334351/content
Folks can check out that Note 14 on the $135,000 grant income here
https://www.otcmarkets.com/otcapi/company/financial-report/334350/content
There was a positive net income in the first quarter. First positive net income I have seen.
Great to see the communication back. Its certainly necessary to maintain interest and shareholder trust. I can understand the quietness, and tremendously appreciate that we refrain from fluff. I trust that eventually something will come of this great company and their mission to bring healthy and safe alternatives. Its been a while, but I have already tried their gummy product. I mostly only felt the effect of sleepy gummies (2 at a time), where I seemed to wake up a litter fresher the next morning. Now they are sending out a pack of 7 for us investors of all the products. Everyone can get behind safe products that help in various ways, and when they have something bonafide in funding or revenue, it will be worth the wait, and worth the risk that it has been to date.
With that said, I really want to try the energyplex, and see how it compares to things with caffeine. Have a nice evening. We might not have 14 products like r hn used to suggest, but at least we're at 7, and ready to launch when funding arrives. For whatever reason it has been held up, but DAM, when it breaks, the golden river will be an adventure.
D
Since you visited the vividbd site, then I am sure you explored around to see their about us page, right? The one that says the website is owned by All Star.
Vivid CBD About Us
"How in the heck would anyone ever find GRPS gummies?
There is ZERO MENTION of any gummies on our distributors page!!!
https://www.allstarhealthbrands.com/
Is this is not stupid beyond belief, how else could it be described?
Now, go to the cheesy gummy site and try to order 96 packs of raspberry gummies.
There are only 95 bags available! The SAME AMOUNT that was there MONTHS and MONTHS AGO!
https://vividcbd.com/index.php?id_product=22&rewrite=dr-bond-s-relief-raspberry-pain-relief-gummies&controller=product"