SOURCE: Gold River Productions, Inc.

December 21, 2010 07:00 ET

Gold River Productions Inc. (GRPS) December Update

SALT LAKE CITY, UT--(Marketwire - December 21, 2010) - John Ohlin, President and Chief Executive Officer of Gold River Productions Inc. (PINKSHEETS: GRPS), updates Company activities.

"The past four months have been productive for the Company. We have become fully reporting on the OTC-Pink Sheets; have arranged long and short term equity financing; our equipment is either on the loading dock or close to completion; and we have retained the services of the Innovision Property Group to assist in locating approximately 30,000 square feet of Class A manufacturing space," Mr. Ohlin said.

"2011 looks to be exciting for us as we install equipment into our manufacturing facility, hire and train employees and begin revenue generating operations. We expect to start production in the second quarter of the year with a minimum of two contracts, one in the trucking industry and the other in the marine industry, totaling $10,000,000 in revenue on an annual basis. Our technology has application in a wide array of markets and products from housing, construction, P.V. solar roofs, recreation vehicles, utility trailers, truck bodies, pontoon boats, house boats and military uses, and we are excited to begin growing our company and building shareholder value," Mr. Ohlin stated.

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:
    Mr. John Ohlin