Replies to post #57063 on Gold River Productions Inc (GRPS)

[powerpak]

YES SIR EEE...GREAT STUFF for OUR GRPS in the works, current STUFF and VERY EXCITING FUTURE STUFF.....GRPS$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[getmoreshares]

TODAYS SHAREHOLDER LETTER 1. Recently Completed Items


A. 1Q23 Filing Details


i. We submitted our first quarterly filing of 2023.The thought process is that this will be the last quarterly that we do before we become fully reporting. Our internal goal is to file a 10-Q for the second quarter to become fully reporting. As we are nearing completion of the last two years audit, this should give us time to make any necessary adjustments (if needed) by the 2Q23 deadline. As mentioned in the prior newsletter we will share the audit results when finalized.


ii. There are some important material events outlined in the quarterly as some of our shareholders have already called out. Those material events outline the investment we have received along with details of the future investments to come. To be brief, but happy too expand if needed, this investment sets the stage for the plans that we have outlined over the last 9 months since the merger between TAA and GRPS was announced. This investment provides security and growth funding to be able to execute on our short, mid and long terms goals.


B. Hatchery Stocking


i. We have completed round 1 of the hatchery stocking with the larvae now at a PL5-6, which means it has been 5-6 days since they grow out of their larval stages. Later this week, they will be transferred into the nursery where they will be spending a few weeks before being transferred to the grow out ponds.


ii. We will be starting our second round of the hatchery stocking the week after next.


2. Nearing Completion


A. Financial Audit


i. We received the initial draft of the audited financials for 2021, with the expectation that the 2022 financials will follow soon. We were hoping to have them completed by the time this update came around but we have had a few changes to be made on some historical balance sheet items.Nothing major and as mentioned, we will share the results when they are ready.


ii. The plan as of now, is to be fully reporting with our 2Q23 filing. As many of you know, this requires a 10-Q and since this is our first time filing that document, we will try to be well ahead of the reporting deadline to avoid any issues. More to come as we get the final audits and closer to the quarter end.


B. Name and Ticker Change


i. We have provided FINRA with everything they need as of now, so we are waiting patiently to hear back on any additional feedback.We expect this to be wrapped up very soon as well.


3. In Progress


A. Pond stocking/ Harvest Update


i. Our ponds are in process of being prepared for the coming stockings. Mainly just tilling of the soil and starting to prepare the pumps for the water intake. It will take roughly a week to fill up the ponds in the northern section and once they are filled, we will give them a few days to settle before stocking. This will also allow us to confirm that the conditions are optimal and make any necessary adjustments.


4. In closing


Thanks again for reading. As mentioned some of these updates will be shorter than others but we will be consistent with providing them via this newsletter . As always, I can be reached at [e-mail].


Don’t forget to tune in on Twitter toBuffalo Fireside Chats tonight, Wednesday May 31st at 8pm ET. We will be joining the podcast to discuss the company and our ambitions!