Gold River Productions Inc (PK) (GRPS) ニュース

A key component of our treasury strategy, the strategic Bitcoin reserve supports a flywheel effect that aligns our capital and operating strategies to accelerate value creation across the business

Will this bk affect our ticker(GRPS) with Trans American being a subsidiary? Just curious. Happy Holidays GRPS!

Golden shrimp 2.0. Post Bankruptcy. Really going to get sizzling this time ;) Merry Christmas everyone

8K - Notice of Filing for Bankruptcy
https://www.otcmarkets.com/filing/html?id=18057261&guid=PCY-kFC6a8qfJth

Exhibit 99.1

To Our Valued Shareholders:

December 19th, 2024

We are writing to inform you of a significant development regarding the financial and operational future of Trans American Aquaculture LLC (TAA), a wholly owned subsidiary of Gold River Productions Inc, DBA Trans American Aquaculture. Due to the note holder filing a deed in lieu foreclosure and the need to protect our key assets, on Friday, December 13, 2024, Trans American Aquaculture LLC filed for Chapter 11 bankruptcy protection under the United States Bankruptcy Code. This decision was not made lightly and reflects our commitment to preserving the value of our company and securing a path forward for sustainable operations and growth.

The Chapter 11 process provides us with the opportunity to restructure our obligations while continuing our day-to-day operations. Our primary objectives during this process are:

1. Preserving Key Assets: We are taking all necessary steps to protect the critical assets that form the foundation of our business, ensuring that they remain operational and productive.

2. Maintaining Operations: We will continue to develop our shrimp genetics and broodstock and uphold our obligations to the extent possible under the guidance of the bankruptcy court.

3. Developing a Viable Go-Forward Plan: Our leadership team is actively working on a comprehensive restructuring plan aimed at reducing debt, optimizing resources, and positioning the company for success.

We understand that this news may raise concerns, and we want to assure you that our team is committed to transparency and collaboration throughout this process. We firmly believe that the restructuring enabled by Chapter 11 will allow us to emerge as a stronger, more resilient company capable of delivering value to our stakeholders.

In the coming weeks and months, we will keep you informed of our progress and key milestones. If you have any immediate questions or concerns, please do not hesitate to contact David Langston with Mullin Hoard & Brown, LLP @s h a n e r . For reference please see the below:

Case Name: Trans American Aquaculture, LLC
Case Number: 24-10217

We deeply appreciate your patience and continued support as we navigate this challenging but necessary step toward revitalizing TAA. We remain optimistic about our ability to successfully restructure and emerge from this process with a renewed focus on innovation, growth, and success.

Thank you for standing with us during this pivotal time.

Sincerely,

Adam Thomas
CEO
Trans American Aquaculture

https://www.pacermonitor.com/public/case/56177662/Trans_American_Aquaculture,_LLC

Chapter 11 filed to Preserving Key Assets, Maintain Operations, and to Develop a Viable Go-Forward Plan. Restructuring enabled by Chapter 11 will allow us to emerge as a stronger, more resilient company capable of delivering value to our stakeholders.

GOLDEN bit coins. :)

Same, Merry Christmas to everyone. May our patience be rewarded one day.

We could forego all salaries and expenses and just buy bitcoin

Excited for whatever is coming got my shares

Same to you ….

And this stock is getting frustrating.

Be thankful this scam isn’t SHMP aka NaturalShareSellingScams in receivership.

GRPS could be worse and is in far better shape than NaturalShareSellingScams


Noted and GRPS Correct

Thomas should hold a members-only teleconference and assure shareholders that he and his crew will not take any salary for the 100 year experience slick-legging he performed on innocent investors. Golly gee, NO shareholder meeting, posts removed/altered on twittle, NO help for "suffering veterans."
No "aggressive" name/ticker/uplisting! No imported shrimp workers from Equador.
No "tons of cbd" shrimp gummies.
How many more ways can investors be screwed?
Oh, how about 150% increase on debt and throw in a $100 per day delinquency fee...
But wait, there's more!

Oh maybe if we get someone to seed the board with nincompoop btc fantasy we can inspire the 100 year team to start more shrimp grows to kill for a write-off?
Only one person had the decency to walk away from this iteration of scam.
The previous iteration, the whole team had the decency to resign, or run away.
It is a SHAME what has happened to the Grandas name!
Thoughts?

Another perspective, I have always focused on positive aspects of life and gratefulness. Somebody has boughten a lot of shares here recently. Positive news? Just sent an email to Adam and team searching for clues....make it a great day!

Perhaps someone can email Adam & Goulding and tell them to pivot. Just issue debt and buy Bitcoin. No employees and no expenses. Could turn a pretty big portion of shares into Bitcoin immediately. Solve all our problems. Legally easy too doesn't require any changes to simply hold the funds of the company Treasury in Bitcoin. (Even if those funds are $0 now) You might find the offer oversubscribed if investors knew it was Bitcoin they were buying. Look at MSTR.

I had a strong belief in Management and their business plan. Perhaps I was wrong. In the last 2 months I have left 2 very polite voice messages inquiring about any updates at a phone number the Grandas gave me that is supposed to be Adams. No reply at all. Disheartening but I suppose such is reality in the penny stock game. To all longs that held/hold belief hopefully we will get some actual truthful update soon. Merry Christmas to all and cheers to health and happiness. May you all remain blessed.

Adam should be put in jail fucking POS

Someone just chomped up 24m shares

Chomp chomp yum yum 😋 

Someone please call Goulding and Adam and talk them into just releasing that the Co will buy Bitcoin with its Treasury . Jesus Christ

What a shame, we have money coming back to the OTC, particularly people looking for trips to trade, and here we have no updates, a company seemingly with a good merger opportunity that fell off the face of the earth after a wasted year of BS, and its bagholders embarrased to share that $GRPS might be a good stock for them. Sure I would like to bring interest to $GRPS but management shot themselves in the foot here. Very disaspointing. All they had to do at a minimum was keep up communication, and now now one wants to touch the stock with a 10 foot pole at .0004.

Thanks ….

Hopefully things are still on pace.

People buy MSTR as a proxy for Bitcoin. Let's make GRPS a call write strategy on BTC options or something interesting.

Somebody call Adam and tell him to pivot to copying Microstrategy. Just issue debt and buy Bitcoin. No employees and no expenses. Just borrow money and buy Bitcoin with it.
Would solve so many problems and could be done immediately with no delay or name change. Announce it as a strategy and investor confidence and awareness will soar. It actually has a chance to work also.

Bottom for sure here

Buying fear here even more...

Lots of folks now waiting for your GOLDEN beauties. :)

Wait...you don't think GRPS can come up with $4M by the end of the year? Have you no faith?!?!?!

And they are losing their property if the don't come up with remaining balance of the debt on the property by 11/30

Now we wait, needs a merger deal... still steal price

The production values of this sh_t show are stellar. Stellarly awful.

10Q is Posted
At least we won't go limited. Jeepers
https://www.otcmarkets.com/filing/html?id=17987833&guid=4uY-ke82wLvrh3h

Depository Trust Company...I'm not sure why it's showing zero though. I've only ran across this one other time.

What does this mean? I have asked before and searched, but only can ever find what DTC means.

I noticed that they were accumulating the Held at DTC to almost all of float (around 890k), then a few months ago, it went to zero.

0 shares held at the DTC according to OTC Markets?

https://www.otcmarkets.com/stock/GRPS/security

Outstanding Shares
1,567,096,354
11/15/2024
Restricted
355,449,155
11/15/2024
Unrestricted
1,211,647,199
11/15/2024
Held at DTC
0
11/15/2024

Pivot, it's over. What should GRPS do in the future?

Expert market in 3...2...1...

Hope this moves.

My bad.

I'm holding following the money here, $$$$

what's going on here? 20 millions traded in four minutes?

We'll see if they're paying attention or not today...financials due..

Too scary.

No name-ticker change!

Volume before price action here, classic textbook preload or loaded up insider for unknown reasons yet but you have increased volume on daily and weekly at a stacked bid price while the ask is getting hammered, best action I've ever seen here so im excited just added more. Worth the risk down here for sure

yep, close watch

Never seen L2 this stacked before ever!!!! Plus these 5's are getting eaten up by someone 

Looks great imo

I have to imagine if they let it go to Pink Limited, we'll see some sort of dump for tax loss.
I'd expect nothing other than a wild dump and chase (a changing of the guard if you will).
My luck, I'd buy more at .0005 and it would go to .0001 the next day.

On October 7, 2024, the Company received a notice of default and demand (the “Default Notice”) from the Lender due to its failure to make the required payment on September 30, 2024. The Default Notice demanded the immediate payment (as provided in the Notes) of $234,927 which represents 150% of the remaining outstanding principal balance ($63,054.00 (1st Note) + $93,564.00 (2nd Note) * 1.5 = $234,927.00), together with accrued interest and Default Interest, as defined in the Notes. https://capedge.com/filing/1990446/0001683168-24-007110/GRPS-8K

Over 200 million traded the last 3 weeks - seems like something is up - I wouldn't have any idea what, but it seems something is in the works - this is unusual volume for this ticker - is it good or bad ?