Gold River Productions Inc (GRPS)

[adijas]

New filing out with new info


The Company, with the assets acquired in acquisition of AeroQuest, has developed a unique plastic composite that can be used in a number of different products throughout a wide range of industries. Products made from the Company’s fiber reinforced thermoplastic sandwich panels are lighter in weight, stronger and more durable, and are less costly to produce than similar products made from conventional materials and manufacturing processes.

Products produced using the Company’s proprietary composite are stronger and lighter than comparable products. In addition, the technology allows for nearly all products to be made without releasing volatile organic compounds into the atmosphere as occurs with the conventional thermoset fiberglass process. As a
thermoplastic, most manufacturing waste can be recycled into new products.

The Company plans to incorporate its technology into vehicle body panels, structural insulated panels, highway sound abatement walls and many other products in a wide array of industries will benefit from this exciting new technology. These products include: office partitions, industrial furniture, stage platforms, trade show decking and flooring, scaffolding, utility vaults, marine and R.V. sub-flooring, counter tops, divider walls, engine covers and any other product that would potentially benefit from lighter weight, greater strength and durability and, in most cases, lower cost.

F. The nature of products or services offered.
1. The Company offers a number of all-composite products for the commercial and recreational vehicle industry, the housing and construction industries, the marine industry, and other industries where light-weight, impact resistant and durable structures have benefit.
2. The Company plans to primarily distribute its products directly to manufacturers. The manufacturers will then incorporate the Company’s products on an OEM basis as components in the end product.
3. The Company previously announced the establishment of a distributor for its solar roofs. The Company still requires financing that will allow the Company to build prototypes for testing.
4. The Company is still in the development stage, but expects to compete in the market by forming partnerships with manufacturers who will use Company components in their products.
5. Raw materials used to make the Company’s products will be sourced in the U.S., China and the Ukraine.
6. As the Company is still in the development stage, it is not reliant on any customers. Once the Company enters the market it will initially enter each market segments with a limited number of strategic partners and then strategically expand to additional partners. Each market segment will only have a few customers.
7. The Company currently has the right to use patent #5690378, for a chassiless, monocoque, transportation vehicle. The Company intends to purchase this patent upon the closing of a future round of financing. The technology covered by the patent allows any type of towed transportation vehicle to manufacture vehicles without any form of structural support (chassis, frame, etc.). The Company plans to apply for a number of other patents in the near future.
8. The Company does not currently need any material government approvals in connection with its business.


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