Gold River Productions (GRPS-Pink Sheets) Has Begun Preliminary Discussions With a Potential Customer in Japan to Explore the Possibility of Placing a Factory There to Construct Its Patent Applied for “World Home,” Earthquake Resistant Prefab Permanent Housing in Hardest Hit Regions
Marketwire “Press Releases”
SALT LAKE CITY, UT — (MARKET WIRE) — 05/04/11 — John Ohlin , President and Chief Executive Officer of Gold River Productions (GRPS), Inc. (PINKSHEETS: GRPS), today announced it is having exploratory discussions relative to the feasibility of establishing a leased, manufacturing facility to build its all composite “World Home” in Japan to reduce delivery time and shipping expenses associated with overseas container shipping.
“The tragedy in Japan is almost beyond comprehension and it is expected to require many months to just clear away the debris. We expect it will require some months before full scale rebuilding efforts get underway. That would afford us ample time to locate an appropriate leased facility to manufacture our all composite ‘World Home,’ acquire and move the manufacturing equipment to the facility and begin operations.”