Replies to post #57197 on Gold River Productions Inc (GRPS)

[SINCERELY2]

Listen to the PODCAST! GO $GRPS!

[MJ19]

Info direct from the CEO is all around. GOLDEN transparency of TAA

[MiltonTonic]

No one can give you a straight answer because the ponds are not prepped so no shrimp are in them.
First harvest was supposed to be June/July but that ain't going to happen.
Now harvest has been extended to October, lol
Last we heard they "hope" to transport workers from a third world nation to prepare the ditches but that sure looks like a lot of trouble, getting travel permits, travel, food, lodging, in fact it seems insane.
A magazine claimed the projection of $10mil rev.
Thomas reduced it down to $7mil https://www.einnews.com/pr_news/593492535/gold-river-productions-inc-releases-transcript-from-september-26-2022-conference-call
Later Thomas reduced it again to $4.4mil rev $600k profit, but that was dependent on a double crop which is now impossible after wasting 8-9 weeks of grow time.
Since we are reduced to single crop, maybe spread out, revs are now half, or $2.2mil/$300k profit.
Check the first quarter report and see they already blew through $384k and made only $1k.
First Quarter: GENERAL AND ADMINISTRATIVE EXPENSES $205,957
NET INCOME (LOSS) $(384,038)

REVENUES Sales and service $1,050
COST OF REVENUES Cost of revenues $104,119
GROSS PROFIT (103,069)
https://www.otcmarkets.com/otcapi/company/financial-report/370712/content
First quarter loss is larger than the harvest profit could possibly be.
Also scroll back to Sept last year on https://twitter.com/TransAmAqua and count how many times the SAME DRONE VIDEO is pasted in to cover up probably pirated images originally posted that were removed.
Screwy stuff going on here.