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Thursday, October 13, 2011 2:15:28 PM
Not any great news, but at least he
is working on it and responded to my query.
Dear investors, I apologize for the delay in responding, I have had a family emergency and have been away from my desk since late last week.
As is obvious from the share price we have had a lack of success in acquiring
help in strengthening the share price. That is, until now - I hope. We have
just signed an agreement with an IR firm who works with a large broker/dealer
network. Beginning next week, they will start to promote us to this network.
This is an arrangement based on a fee for service basis and not on the
issuance of more shares.
We are in discussions with two groups on a private placement and potentially a
purchase/lease back arrangement to acquire the equipment we need to get into
production. Within the next few weeks we hope to be able to provide the OTC
with the quarterly reports required to remove the stop sign from our symbol.
Once I have something positive to report to the market, I will send out a/some
updates to all investors. I expect to be able to do this in the next 3-4
weeks.
Thank you for your interest in Gold River Productions and your patience.
Kind regards,
John Ohlin
President/CEO
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