Business
Trans-American Aquaculture Announces Upcoming Shrimp Harvest and Increased Authorized Shares
Trans-American Aquaculture Announces Upcoming Shrimp Harvest and Increased Authorized Shares.
About this update from Gold River Productions, Inc.
[{"type":"text","content":"ARROYO CITY, TX / ACCESSWIRE / October 25, 2023 / Trans American Aquaculture (OTC Pink:GRPS), a leading sustainable shrimp producer, is excited to announce our much-anticipated shrimp harvest dates and an important development regarding authorized shares.Shrimp Harvest Dates:We are pleased to confirm that our farm is operating as expected, and our shrimp harvest now underway. The harvest was scheduled to begin in late October, and we are right on track and gearing up for a successful season. Our meticulous approach to sustainable aquaculture practices, state-of-the-art technology, and stringent quality control measures ensure that our shrimp are of the highest quality, ready to meet the seafood demands of the market.Release of Harvest Numbers:In our commitment to transparency and accountability, we will be sharing the exact harvest numbers with our stakeholders and the public. The release of these figures is planned for the month following the completion of the harvest. We believe that sharing this information is crucial in demonstrating our dedication to ethical and responsible shrimp production as well as giving potential investors and clear way to value our potential growth strategy in the shrimp farming business.Increase in Authorized Shares:In preparation for potential financing to support our growth trajectory - the commissioning and intensification of more ponds, expansion of business lines and operational efficiencies, we have increased the number of authorized shares. It's important to note that this step is taken with a focus on the future. Any financing that may result from this increase will be directed toward expanding our operations, increasing our capacity, and meeting the growing demand for our premium shrimp products. This development should be of little concern to our long-term valued shareholders, as it is aligned with our mission of growth, sustainability, and providing exceptional value.Trans American Aquaculture remains steadfast in our commitment to sustainable and responsible aquaculture practices, contributing to local economic growth, and meeting global seafood demands. Our upcoming shrimp harvest represents another significant milestone in our journey.We look forward to sharing the harvest results and, most importantly, delivering high-quality shrimp to the market. We invite our stakeholders and suppor...