Gold River Productions Inc (GRPS)

[D-Money6]

As much as anyone wishes they were not, GRPS is joined at the hip with its sister R*HN. In order to understand the company you are investing/trading in, people ought to look at the big picture. This goes more specifically for people in the sister company, because we all know GRPS is the big kahuna of the two. ;)

OTC Company Description excerpt:
With the company website: www.grpsinc.com, we will be working jointly with various companies, including RushNet Inc. (RSHN) in the construction of products ranging from rare cannabinoids to targeted blends.
(Link)

From the GRPS financials:
The Company has shared financial interests with Rushnet, Inc. (trading symbol: RSHN) including, but not limited to shared equity in multiple joint ventures, government grant initiatives, innovative products and more. The Company’s focus is on developing and acquiring businesses and products for the hemp and CBD industries including specialty, particularly with medicinal value.
Link

Joint Ventures/Alliances where RSHN is a beneficiary jointly with GRPS:

Halberd/BIEI financing agreement for development of Covid treatment
Premier Biomedical, Inc. (OTCPINK:BIEI), Halberd Corporation (HALB) and Gold River Productions Inc. (GRPS) announce the signing of a multi-faceted agreement for ongoing R&D into a potential treatment and cure for Covid-19 as well as development of Premier's Anti-Addiction Patch™.
Link

Halberd/BIEI agreement to develop anti-addiction patch.
WHEREAS, RushNet, Gold River and Premier are parties to a Strategic Alliance Agreement dated July 19, 2019 (the “Patch Agreement”) concerning the development and marketing of Premier’s Anti-Addiction PatchTM Product;
Link

Joint Venture with LeGanja Fairy
During 2019, the Company entered into a strategic alliance with
LeGanjaFairy LLC (LeGanja) and RushNet Inc. (Rush). As part of this alliance, LeGanja will be provided $5,000,000 in funding in exchange for their gross revenues from operations being assigned to an escrow account. Those gross revenues, less a variable percentage, will belong to the Company and paid out according to the agreement with LaGanja and
RushNet Inc. During the three and six months ended June 30, 2020 those revenues totaled $108,199 and 232,530, respectively.
Link

Joint Venture with Able Academics
During 2020, the Company entered into a strategic alliance with Able Academics LLC (Able). As part of this alliance, Able will be provided $7,500,000 in funding in exchange for their gross revenues from operations being assigned to an escrow account. Those gross revenues, less a variable percentage, will belong to the Company and paid out according to the agreement with Able. During the three and six months ended June 30, 2020 those revenues totaled $554,117 and 554,117, respectively.
Link

GRPS and R*HN jointly sell New Earth to Stevia Nutra for stock
Gold River Productions, Inc. (OTC Pink: GRPS) and RushNet, Inc. (OTC Pink: RSHN) jointly announce the sale of New Earth Development Corporation (New Earth), on February 28, 2020.
Link

The combined sale price is $34,975,000, payable in shares of Stevia Nutra Corp. (OTC Pink: STNT) common stock, 2,250,000 shares to Gold River and 250,000 shares to RushNet (this split being in accordance with the terms of the joint venture agreement between Gold River and RushNet).

One other consideration ...
In my opinion, Frank DeAngelo is basically the CEO of both GRPS and sister. He's getting stock in both, and that's how I see it based on his handling of the investor Q&A video.


GO GRPS!!!