SOURCE: Gold River Productions, Inc.

September 29, 2010 00:01 ET

Gold River Productions Inc. (GRPS) Announces It Has Become a Currently Reporting OTC-Pink Sheets Company

SALT LAKE CITY, UT--(Marketwire - September 29, 2010) -  John Ohlin, President and Chief Executive Officer of Gold River Productions (PINKSHEETS: GRPS) Inc. disclosed that GRPS has now met the OTC requirements and is recognized as a "currently reporting" company. The Company had last been currently reporting as of the first quarter of 2008, reports Mr. Ohlin. "Since taking over as President/CEO we have been working diligently to become current in our financial and regulatory filings in preparation for a move to the OTC-BB," Mr. Ohlin stated. "Moving to the OTC-BB is a requirement of our short and long term equity financing plan and we will begin immediately with those preparations," Mr. Ohlin stated, "Moving to the BB is a stepping stone to the AMEX or NASDAQ stock markets," he said. "Our markets, products and technology are global in reach and we need to be well positioned to capitalize on our growth as we begin revenue generating operations," Mr. Ohlin stated.

AeroQuest Technologies, a wholly owned subsidiary of GRPS and the winner of the prestigious 2007 Utah Innovations Award in the Materials/Chemicals category, is poised to enter the market with its technology driven, innovative products. AeroQuest has developed "green," structural, cost effective replacements for most products currently produced with fiberglass, a material infamous for polluting the atmosphere with volatile organic compounds (VOC'S) during production.

For complete information on the Company please go to our web site

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 Information

  • Contact:

    John Ohlin