SOURCE: Gold Rock Holdings

October 19, 2005 09:15 ET

Gold Rock Holdings, Inc. Updates Recent Certification Meetings

ENCINITAS, CA -- (MARKET WIRE) -- October 19, 2005 -- GOLD ROCK HOLDINGS, INC. (GOLD ROCK) (OTC: GDRHA) announced today that its wholly owned subsidiary Affordable Homes of America, Inc. (AHA) has entered into a second phase of negotiations with two Gulf Coast companies. One is a construction company looking to acquire a licensing or royalty agreement for the Company's Z MIX material. In the terms of the agreement, the construction company would be providing their own mixing and pump trucks, as well as a batch plant to facilitate the use of Z MIX throughout the region.

The second company, an engineering firm, has agreed to help accelerate the certification of Z MIX through the physics and engineering departments of a major university in the region. On the 21st of October, 2005, the Company will send Randy Vozka, Product Development Manager of AHA, to begin testing Z MIX for U.S. certification in conjunction with the university.

These negotiations are the result of a meeting with key personnel of the companies on October 7th at the Wynn Hotel and Casino in Las Vegas. A Company spokesperson stated, "The parties plan to complete due diligence and engagement letters by the 31st of October. We look forward to working with these two fine companies and thank them for considering our Z MIX material in their futures."

GOLD ROCK HOLDINGS, INC. presently consists of nine existing subsidiaries: Affordable Homes of America, Inc., Composite Industries of America, Inc., Georgetown Power, Inc., Global Timber Ltd, Gold Rock Industries, Inc., Native American Power, Inc., Renewable Forestry Resources, LLC, V.A.W.T. Industries, LLC and World Homes, Inc. The Company is currently seeking financing for each of its subsidiaries.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Contact Information

  • CONTACT:
    GOLD ROCK HOLDINGS, INC.
    Rich Kaiser
    Yes International
    800-631-8127