Gold River Productions Inc (GRPS): The correction has been filed to the Col...

Reply Private New

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	50
Posts	947
Boards Moderated	0
Alias Born	05/06/2019

D-Money6

Re: None

Thursday, 10/08/2020 3:06:48 PM

Thursday, October 08, 2020 3:06:48 PM

The correction has been filed to the Colorado Secretary of State for the proper wording of the authorized share increase.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181590379&fileId=20201875337

On the most recent quarterly ending 3/31 (Note 4) it mentions stock subscriptions of 48,915,169 that are expected to be issued in the next quarter (3rd). (page 17/25)

This would obviously require the slight increase in authorized. It is plausible that this item was holding up the financials that were due to be posted 9/28? We shall see.

On another note, I was wondering about the STNT value. In the financials it notes that it calls it a level 3 investment, and they valued it .20 share. That would be only around $450,000. It shows on the income statement gain from marketable securities. $445,500. (page 12/25)

https://backend.otcmarkets.com/otcapi/company/financial-report/255392/content

Go GRPS! Lets make a move