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Relax Mike, take a chill pill, and take some time off from monitoring this board 24/7. Remember you are a long and able to wait five years.
Maybe one year Thomas will finally catch on and learn to run the farm he has been unsuccessful at for six seasons so far...
Also be careful in your vague threats to me, I may use them to counter the lawsuit you promised against me.
It might be a better strategy for you to contact Thomas about grps weakness, instead of blaming an innocent acting shareholder.
Hint!: Tell Thomas, DO NOT WAIT UNTIL HEATWAVE next year TO BEGIN CLEARING THE PONDS, LIKE HE DID THIS YEAR!
Show some interest in the company, and keep your blather to yourself!
Thoughts?
Follow the Bro-Science! Spend millions to make thousands.
let's settle this once and for all...SHRIMPPLEX. lol
Depending on the number of shares we issue pursuant to the EFA, it could have a significant dilutive effect upon our existing shareholders. Although the number of shares that we may issue pursuant to the EFA will vary based on our stock price (the higher our stock price, the less shares we have to issue), there may be a potential dilutive effect to our shareholders, based on different potential future stock prices, if the full amount of the EFA is realized. Dilution is based upon common stock put to GHS and the stock price discounted to GHS’s purchase price.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Happy Krimble to the company that lied to and used "suffering veterans" as a prop to sell shares.
1001 veterans were cheated and harmed and are still being cheated by GRPS today!
https://www.globenewswire.com/news-release/2022/07/12/2478287/0/en/Gold-River-Productions-Inc-GRPS-announces-test-launch-marketing-of-new-products-targeting-relief-for-1001-Veterans.html
GHS Investments, LLC (1) 0 722,932,412 (2) – –
TOTAL 0 722,932,412 – –
_______________
(1) GHS Investments, LLC is a limited liability company organized under the laws of Nevada. Mark Grober has dispositive power over the shares owned by GHS.
(2) 355,797,246 shares to be issued pursuant to the EFA; 128,616,644 shares to be issued upon exercise of warrants, and 238,518,519 shares to be issued upon conversion of the Series D Preferred Stock.
Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the GHS Equity Financing Agreement.
The sale of our common stock to GHS in accordance with the EFA may have a dilutive impact on our shareholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise Puts, the more shares of our common stock we will have to issue to GHS in order to exercise a Put under the EFA. If our stock price decreases, then our existing shareholders would experience greater dilution for any given dollar amount raised through the offering.
The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Day 3 of December and the official TAA shrimp harvest numbers remain hidden from shareholders.
Will Thomas wait until the end of the year to announce the unfortunate facts?
Will Thomas play the foreign embassy card again?
What about the genetically modified brooders card?
Time is running out for revenue collection this year...
Thoughts?
As of September 30, 2023,shareholders have loaned the Company approximately $1,523,236 which accrues interest at 12% per annual and are due December 31, 2023. Accrued interest of $373,717 and $12,368 as of September30, 2023 and September30, 2022 respectively has been recorded in accrued interest expense on the balance sheet.
https://www.otcmarkets.com/otcapi/company/financial-report/387027/content
grpa made just enough to pay the interest this year!
and that's about all...
Tough break for shareholders.
Thoughts?
the GRAPH SHOWS stuckholders TRYING desperately TO MANIPULATE the GRPS STOCK....as PAID EVERY DAY SHILLS......
tHE GRAPH SHOWS DEFINITE MANIPULATION OF SHARE PRICE!
Help! Help me Will Robinson, the company shills are attacking with their fantasy-fiction business plan designed to deceive clueless innocent investors into losing their investment. Spending millions to make thousands will NEVER make money for anyone..
Thoughts?
Pristine shrimp, or third world crap? As of December 2015, in its most recent advisory, DSHS found that levels of PCBs and mercury in some fish species still posed an unacceptable risk to consumers. DSHS also noted in that advisory that pesticide concentrations had decreased to acceptable levels.
https://www.tceq.texas.gov/waterquality/tmdl/07-arroyoleg.html
If anyone can find more recent info, please update the board.
Thoughts?
More like $1,846,325+ As of March 31, 2023, shareholders have loaned the Company approximately $1,555,416 which accrues interest at 12% per annual and are due December 31, 2023. Accrued interest of $278,541 and $12,368 as of March 31, 2023 and March 31, 2022, respectively, has been recorded in accrued interest expenses on the balance sheet.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Is Thomas going to drag out the actual harvest count until the end of the month because it is bad news for shareholders?
Thoughts?
TAA has been growing shrimp for SIX seasons now. Looks like a smaller crop this year than the average of the previous five years.
That's called Moving Backwards!
How can they pay the Dec 31 note for $1.5mil when they only earned maybe $400k?
That's called a failed business plan.
I think it's Goulding...
Spending millions to make thousands.
As of March 31, 2023, shareholders have loaned the Company approximately $1,555,416 which accrues interest at 12% per annual and are due December 31, 2023. Accrued interest of $278,541 and $12,368 as of March 31, 2023 and March 31, 2022, respectively, has been recorded in accrued interest expenses on the balance sheet.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
If the story was a good one, it would have been told already! The annual report will not be filed until the end of March, maybe April.
BY DESIGN!!!
That's what you all said about the cbd gummies. Filings show cbd was BS! grps filed that they made no money on cbd but later AMENDED the report because people on this board know that they got suckered into buying the allegedly "efficacious" gummies that were never offered for internet testers!
CBD was yesterday's hoax.
Shrimp is today's chump challenge.
Even if grps collects $400k that won't even pay the salaries,
The lenders are due $1.5mil on Dec 31 2023, 30 days from now.
2023 is a losing year for shareholders unless irrational exuberance crawls out of dry ditches in an artificial pump and dump.
Thomas will deliver less than 10% of the revenue he promised from the ponds.
Who would buy shrimp brooders that were trained to live in Arroyo Colorado water?
Thoughts?
Will revs from shrimp sales be enough to pay salaries?
effective April 1, 2023, Mr. Thomas will receive an annual base salary of $169,000 for his service as Chief Executive Officer;
· Mr. Thomas will be eligible to receive incentive compensation of up to $41,000 in the form of cash and stock, at Mr. Thomas’ election; and
· Mr. Thomas is eligible to receive employment benefits as generally provided by our policies and benefit plans for employees.
Summary Compensation for Directors
During the year ended December 31, 2022, there was no compensation paid to or accrued by our directors.
Effective June 12, our board of directors approved the following compensation for non-management directors:
· annual retainer of $43,000 for board membership, inclusive of all Board meeting and committee meeting attendance fees;
· annual retainer for service on the Audit Committee of $10,000;
· annual retainer for service as the Chairperson of any committee established by the board, other than the Audit Committee, of $5,000; and
· reimbursement for reasonable out-of-pocket expenses actually incurred in connection with participation and/or attendance of board and committee meetings.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
And now they plan to add another board member?
Thoughts?
Folks loading for end-of-year sell-off...
Cannot find revenue for this deal. Was Thomas lying about it? Thoughts?
https://www.otcmarkets.com/otcapi/company/financial-report/387027/content
DALLAS, TX / ACCESSWIRE / October 14, 2022 / Gold River Productions, Inc. (OTC PINK:GRPS) ("GRPS") (http://www.transamaqua.com) (D/B/A Trans American Aquaculture) announced today an initial six figure broodstock purchase order from Union De Fincas Camaroneras (UNIFINCA S.A.) of Honduras. The order represents an initial order from the company and the country of Honduras.
https://finance.yahoo.com/news/gold-river-productions-inc-d-100000001.html
Investors should increase their understanding of the company.
Trans American Aquaculture, LLC was organized in the State of Texas on April 4, 2017. TAA was founded by Luis Arturo Granda Roman, Cesar Granda, and Adam Thomas.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
2023 was supposedly their SIXTH SEASON. TAA grew FEWER than the average of the previous five grows.
Read the PRs from last year.
Also take note of the 722mil shares of dilution Thomas has foisted on shareholders.
Thoughts?
Nothing viable in spending millions to make thousands!
ShrimpPlex? Capsules of powdered shrimp in Dr Bond's photo-psy-op jar!
Throw a lifeline, or buy a clue.
ShrimpPLEX.
NO SHAREHOLDER MEETING! IT WAS A lie!! NO HELP FOR 1001 "SUFFERING VETERANS"!!! NO UPLIST
In the event that the lender forecloses on the collateral secured by the loan, you could lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
Stuckholders are lucky hate speech is allowed here. It is sad they cannot publish better content.
Is it fitting that Thomas touted a harvest shareholder meeting all year but then never held it?
What is he hiding?
Thoughts?
As of December 31, 2022, our current liabilities exceeded its current assets by $ 2,490,346. As of December 31, 2022, we had $0 of cash.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
We are currently in default of secured debt, which is currently in default, and, if the lender forecloses, you may lose all of your investment and our business would fail.
On June 15, 2017, we issued a Secured Promissory Note, as addended, to King’s Aqua Farm, LLC in the principal amount of $5,600,000, which is currently in default. The note is secured by a deed of trust and security agreement dated June 15, 2017. The deed of trust contains a security agreement that covers the personal property located at 16455 FM 1847 Rio Hondo, TX 78583. In the event that the lender forecloses on the collateral secured by the loan, you could lose all of your investment and our business would fail.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
__________________________________________
but for SHMP not paying rent, SHMP is insolvent…
As bad as GRPS looks, it could be worse
Payment of bank overdraft (288) https://www.otcmarkets.com/otcapi/company/financial-report/387027/content
GHS has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If GHS sells our shares, the price of our common stock may decrease. If our stock price decreases, GHS may have further incentive to sell such shares. Accordingly, the discounted sales price in the EFA may cause the price of our common stock to decline.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
4,500,000 SHRIMP/150,000LBS=30SHRIMP PER POUND. That's pretty tiny shrimp and they're certainly not brooders.
150,000 pounds, and the price had increased to $3.00 per pound = $450k
12,000 of this broodstock will be sold to foreign markets for between $75 and $80 per animal, = under $1mil
Total possible revenue is not quite enough to pay the lenders their $1.5mil on Dec 31
There won't be one cent to pay the landowners
Nothing to pay salaries
Nothing to pay for cleaning ditches for next year
2023 is a LOSS for shareholders
The inventory at September 30, 2023 consists of broodstock shrimp and shrimp to be consumed. At that date, the broodstock shrimp had not been identified and segregated from the shrimp to be consumed. Collectively, the pre-harvest biomass in the ponds at September 30, 2023, was estimated to be 128,900 pounds at an average size of 17 grams. This weight would have yielded a net realizable value of $1.25 per pound, or $161,125. The harvest began in early November, whereupon the shrimp had grown and their price per pound increased commensurately. By harvest time, the biomass estimated to be available for sale was 150,000 pounds, and the price had increased to $3.00 per pound. Not included in this biomass is approximately 22,000 broodstock shrimp selected for their enhanced genetics and segregated from the larger biomass for further development. Approximately 12,000 of this broodstock will be sold to foreign markets for between $75 and $80 per animal, while approximately 10,000 will be used to populate our next harvest.
https://www.otcmarkets.com/otcapi/company/financial-report/387027/content
At 20 shrimp per pound, 4million harvest could make 200k pounds.
At $10 a pound, taa could make $2mil, that would never happen
Dec 31 note due = $1.5mil
Land payments in arrears, half mil per year
Over $1mil already spent in first three quarters
Salaries
____________________
Adds up to guaranteed loss
The grow season is over, Thomas did not deliver 50mil shrimp as promised, only maybe 4mil, that's 91% reduction in revenue.
Thomas lied about shareholder meeting all year. Lied about 50 mil shrimp, then 25mil, then 18mil, 10mil, 5mil. Only planted 4.5mil shrimp!
There is ZERO reason for a run.
Thoughts?
Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the GHS Equity Financing Agreement.
The sale of our common stock to GHS in accordance with the EFA may have a dilutive impact on our shareholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise Puts, the more shares of our common stock we will have to issue to GHS in order to exercise a Put under the EFA. If our stock price decreases, then our existing shareholders would experience greater dilution for any given dollar amount raised through the offering.
The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.
On March 31, 2022 the Company was in default on the farm property note for the $4,732,994 due to failure to remit timely monthly payments.
As of March 31, 2023, shareholders have loaned the Company approximately $1,555,416 which accrues interest at 12% per annual and are due December 31, 2023.
effective April 1, 2023, Mr. Thomas will receive an annual base salary of $169,000 for his service as Chief Executive Officer;
· Mr. Thomas will be eligible to receive incentive compensation of up to $41,000 in the form of cash and stock, at Mr. Thomas’ election; and
· Mr. Thomas is eligible to receive employment benefits as generally provided by our policies and benefit plans for employees.
Summary Compensation for Directors
Effective June 12, our board of directors approved the following compensation for non-management directors:
· annual retainer of $43,000 for board membership, inclusive of all Board meeting and committee meeting attendance fees;
· annual retainer for service on the Audit Committee of $10,000;
· annual retainer for service as the Chairperson of any committee established by the board, other than the Audit Committee, of $5,000; and
· reimbursement for reasonable out-of-pocket expenses actually incurred in connection with participation and/or attendance of board and committee meetings.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011
When I worked at the Think Tank, they never let me go in the shallow end. Guess that's why I hang out here now.
You're welcome! Happy to help!