Gold River Productions, Inc.

What they do

The company was originally incorporated as Omega Environmental, Inc. and underwent multiple name changes before becoming Trans American Aquaculture in August 2023. It acquired Trans American Aquaculture, LLC (TAA) via a reverse merger in 2022, but that entity has not generated revenue recently. The latest financials show zero sales for the quarters ended March, June, and September 2025.

Revenue drivers

• Sales and service — Reported $331,645 revenue in 2024 and $315,145 in the first nine months of 2024 (quarter ended September 30, 2024), but zero revenue in the first nine months of 2025.
• Inventory — Inventory on balance sheet was $338,898 as of September 30, 2025, but no sales are being recognized from it.
• Other income — Minimal other income of $918 in the nine months ended September 30, 2025, down from $11,741 in the same period of 2024.

Recent performance

For the nine months ended September 30, 2025, the company reported zero revenue, a net loss of $489,387, and a negative gross margin of $0 (no cost of revenues). This compares to revenue of $315,145 and a gross margin of -$104,706 in the same period of 2024. Cash and cash equivalents were just $509 as of September 30, 2025, and total stockholders' equity was -$3.8 million. The company also reported a going concern risk and has disclosed that previously issued financials are not reliable (8-K dated 2026-07-17).

Strategy

The only stated strategy is the potential formation of a 'Newco' under the 2022 Stock Purchase Agreement, which would issue shares to existing shareholders, but it has not occurred and the parties are contemplating an amendment with no terms agreed. The company has entered into several material agreements and unregistered sales of equity in 2025 and 2026, but no operational strategy is disclosed. No investments or product development are mentioned.

Risks

• No revenue — The company has reported zero revenue for all quarters in 2025, indicating no active operations.
• Going concern — Cash of only $509 and negative equity of $3.8 million raise substantial doubt about the ability to continue as a going concern.
• Unreliable financials — The company disclosed that previously issued financials are not reliable, and it changed accountants in 2025.
• Dependence on related parties — The balance sheet shows $1.46 million in related-party notes payable, indicating significant reliance on insider funding.

Outlook

Management provides no revenue outlook or operational guidance. The only forward-looking statement is the potential Makeup company, which is uncertain. The company continues to rely on related-party financing and equity sales to sustain operations.