GRPS has been in a slow steady tailspin for the last few months. Today the stock briefly hit $.0016, marking a fresh low for the year. The stock quickly bounced back and we could have seen the lows for this stock over the short term.
The company posted three filings today and also issued a press release, which I posted below.
SALT LAKE CITY, UT, Jun 14, 2011 (MARKETWIRE via COMTEX) -- John Ohlin, President and Chief Executive Officer of Gold River Productions (PINKSHEETS: GRPS) Inc., reported, "In recent weeks we have discussed the interest these innovative products have received from around the world.
"The investor should know that work on these projects has been ongoing. The work involves architects, engineers and/or builder/developers and requires a significant investment of time and capital to bring the project(s) to the point of being able to provide and appropriate bid. Subdivisions require significant planning and in many cases appropriate permitting along with adequate funding to bring them to fruition.
"Our Chief of Engineering has recently reached an agreement with a manufacturer of the latest technology in P.V. Solar Panels (flexible, thin film) to procure early samples of the product for scale model prototyping that will begin soon. Over the next few months we will be testing this latest technology and its incorporation into our panels.
"We will continue to keep the investing public informed on our progress as the development of the bidding process evolves. Along with interest from South America and the far east we are in discussions on potential projects in the Caribbean as well."
For complete information on the Company please go to our web site www.atpanels.com.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financing and other risks.
Contact:
Mr. John Ohlin
President/CEO
801-523-2744
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