Gold River Productions Inc (GRPS)

[D-Money6]

After removing the WSRC deal, it has basically reset these two sister companies, financially. With that said, whenever they are able to post verifiable assets or verifiable revenue (as in already received and noted on financials), then the respective tickers will go where they deserve to go. Anything from here on is organic growth. The good thing going is that as of 3/31/20, GRPS had $591,678 assets, primarily JV investments. That is significantly more than anything in 2019. The WSRC deal that never went through, artificially inflated the assets for both.

Richard Goulding has loaned approximately $110,000 to GRPS. The arrangement with LeganJa Fairy is in play, discussed on financials, but cash from that income source is restricted per the financials until a later date. Able Academics is already producing revenue (but has like expenses) as posted on 3/31/20 financials.
https://backend.otcmarkets.com/otcapi/company/financial-report/255392/content

The 2nd and 3rd quarter financials need to be posted. They should show progress. The shares of the stnt deal were valued at .20c, so the deal only netted GRPS about $450k, not $32 million.

GRPS has lots up it sleeve from THC MJ (leganja), to hemp (CBD/Graphene), to medically focused issues (addiction, covid, autism education(Able), trademarked products) etc. etc. It's complicated to follow.

Sister company needs assets and its own news.

GLTA

All my opinion on things. Always happy to share my opinion on the DD. I hope the companies succeed.