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Saturday, December 3, 2022

Gold River Productions Inc. (OTCMKTS: GRPS) the Trans American Aquaculture Reverse Merger

Gold River Productions Inc. (OTCMKTS: GRPS) has been making a rapid rise northbound in recent months since the reverse merger with Trans American Aquaculture. A quickly rising star in the Aquaculture business the Company produces premium quality, farm-raised white shrimp, 100% free of antibiotics and hormones, and cultivated using safe and sustainable practices. Following the recent cc Trans American Aquaculture provided revenue guidance of approximately $7 million for 2023 and $14 million for 2024. This guidance was confirmed when the company published the complete transcript of the call on September 29, 2022.  

Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP/HMBL which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus. GRPS is a perfect RM candidate with a clean balance sheet and is virtually debt free.  


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Gold River Productions Inc. (OTCMKTS: GRPS) dba Trans American Aquaculture produces premium quality, farm-raised white shrimp, 100% free of antibiotics and hormones, and cultivated using safe and sustainable practices. Using decades of experience in the shrimp aquaculture industry, our products are grown with our superior technology and our proprietary genetics which results in a superior fresh product always grown in the United States. 

Trans American Aquaculture recently went public through a reverse merger transaction with Gold River Productions Services, Inc. and is now seeing trends due to an increasing demand for its broodstock and PL’s from major aquaculture players including companies in Africa, Central America, Asia, and companies throughout North America. There are 4 main reasons for these trends and the positive outlook for Trans American’s business prospects moving forward. 

The need for specific genetic lines in the aquaculture industry due to the amount of farm based and indoor recirculating aquaculture systems (RAS) that are being developed throughout the world. 

The desire for broodstock and PL’s that are developed in the United States due to the strict guidelines of the USDA (United States Department of Agriculture) and the quality of local ingredients used in cultivation. 

A virus outbreak of infectious hypodermal and hematopoietic necrosis virus (IHHNV) in 2019 which essentially shut down North America’s major supplier of post larvae (PL) shrimp which opened significant opportunities for companies such as Trans American Aquaculture to gain significant market share. 

The Company’s superior genetics which produce superior broodstock and superior PL’s which have industry leading growth rates, disease resistance, low mortality, and other desirable characteristics such as cold-water tolerance. 

On September 26, 2022, and in the questions and answer session as part of the company’s conference call, the company provided revenue guidance of approximately $7 million for 2023 and $14 million for 2024. This guidance was confirmed when the company published the complete transcript of the call on September 29, 2022. As a result of the anticipation that PL and broodstock sales can accelerate, the company believes, albeit with cautious guidance, that it can potentially significantly exceed the guidance of approximately $7 million for 2023 and approximately $14 million for 2024. 

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On October 14 GRPS announced an initial six figure broodstock purchase order from Union De Fincas Camaroneras (UNIFINCA S.A.) of Honduras. The order represents an initial order from the company and the country of Honduras. 

Broodstock are the mating shrimp and are an integral part (either in-house or contracted) of any shrimp farm or indoor recirculating system anywhere in the world. According to third party sites and discussions with Union De Fincas Camaroneras (UNIFINCA S.A.), the current estimated annual PL production of UNIFINCA S.A is 360 – 400 million per month or 2.5 billion per year. These PL’s are estimated to produce anywhere from 1.25 billion to 2 billion shrimp per year. The broodstock that are the subject of this purchase order are mated in laboratories under pristine conditions to produce PL’s that mature into disease-free world-class shrimp. 

Union De Fincas Camaroneras (UNIFINCA S.A.) will use Trans American’s broodstock to continue to grow its annual post larvae business. Post larvae shrimp are baby shrimp (typically a few weeks old). Post larvae shrimp are then sold to shrimp farms and recirculating aquaculture systems (also known as RAS such as publicly traded Natural Shrimp). 

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Currently trading at a $6.6 million market valuation GRPS is virtually debt free and the perfect RM candidate. Trans American Aquaculture is a quickly rising star in the Aquaculture business and produces premium quality, farm-raised white shrimp, 100% free of antibiotics and hormones, and cultivated using safe and sustainable practices. Following the recent cc Trans American Aquaculture provided revenue guidance of approximately $7 million for 2023 and $14 million for 2024. This guidance was confirmed when the company published the complete transcript of the call on September 29, 2022. GRPS is often compared to SHMP which currently trades at a $95 million market valuation. We will be updating on GRPS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GRPS.

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Disclosure: we hold no position in GRPS either long or short and we have not been compensated for this article.

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