SOURCE: Gold River Productions, Inc.

September 03, 2010 00:01 ET

Gold River Productions, Inc. (GRPS) Announces the Filing of Updated Financial Data

SALT LAKE CITY, UT--(Marketwire - September 3, 2010) -  Gold River Productions, Inc. (PINKSHEETS: GRPS) announces that it has filed all of the required documents with OTC Pink Sheets to become a fully reporting company on the exchange.

"Removing the yield sign from our trading symbol is the next step in the process of moving onto the bulletin board (BB) and ultimately one of the other exchanges such as the AMEX," reports Mr. Ohlin, Gold River Productions President/CEO.

"Later this month we will begin an audit of the Company's books and prepare the necessary filings for our move to the BB," stated Mr. Ohlin. "Our target is to be on the BB by late October. Once on the BB we will be able to close on the Equity Financing we have arranged which will allow us to purchase the equipment and lease manufacturing space to go into production. Our goal is to be in revenue generating operations by the end of the first quarter of 2011," Mr. Ohlin reported.

Gold River Productions, through its wholly owned subsidiary AeroQuest Technologies, which was the winner of the prestigious 2007 Utah Innovations Award in the materials/chemicals category of the awards, has developed a proprietary, multi-matrix, thermoplastic material that when combined with a variety of core materials can produce a fiber-reinforced, thermoplastic structural panel that can be formed, when required, into a wide variety of products. For complete information on the Company please go to our web site www.aeroquesttechnologies.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 Information

  • Contact:

    John Ohlin
    801-523-2744