Gold River Productions Inc (GRPS)

[D-Money6]

Beautiful action on our GRPS. Stairway to $$$. .01 and that's without the upcoming potential catalysts:

1) 3rd quarter financial should reflect the STNT deal, and a possible $31 million asset. (that could put us near .02, if you value assets only)
2)since the 3rd quarter is late, and original covers up to 2nd qtr, we're probably going to need a fresh atty lettter
3)Pink Current
4)Product launch news (insert rocket ship here ;) )
5) etc etc

March 2020
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.

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). Based on the $13.99 price per share of Stevia Nutra common stock as of the February 28, 2020 contract date, for this quarter, our accountants confirmed that Gold River will report $31,477,500 in Revenues for financial statement purposes. Similarly, RushNet’s revenues will include its $3,497,500 from this transaction. Given the negligible amount of expenses that each company incurs, the net income is expected to significantly exceed 90% of the Revenues. As a further result of this transaction, each company will report an asset of a like amount – $31,477,500 and $3,497,500, respectively.


https://www.globenewswire.com/news-release/2020/03/05/1996138/0/en/Gold-River-Productions-Inc-GRPS-and-RushNet-Inc-RSHN-Announce-Sale-of-New-Earth-Development-Corporation-for-Stock-in-Stevia-Nutra-Corp-STNT.html

Deal is shown in STNT's Annual Report (p25-26)
https://backend.otcmarkets.com/otcapi/company/financial-report/262040/content

Here are the details of the entire funding agreement. If the funding doesn't come from Grants, hopefully it will be a 1-A.
https://www.grpsinc.com/wp-content/uploads/2020/03/spin-off.pdf

Go GRPS!