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GRPS Gold River Productions Inc (PK)

0.0003
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gold River Productions Inc (PK) USOTC:GRPS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0003 0.0003 0.0004 0.00 12:50:38

Gold River Productions Inc. (GRPS) Discusses Its Photo-Voltaic, Solar Roof

12/11/2010 1:01pm

Marketwired


Gold River Productions (PK) (USOTC:GRPS)
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John Ohlin, President and Chief Executive Officer of Gold River Productions Inc. (PINKSHEETS: GRPS) reported today that the Company's Patent Pending technology of a monolithic, photo-voltaic solar roof has been embraced by the SIP's industry.

"SIP stands for structural insulated panel which is an emerging construction technology particularly in commercial construction," Mr. Ohlin reported. "An Executive at SIP school (www.sipschool.org) and the SIP Association (www.sips.org) has been in extensive discussions with our Chief Technology Officer on how our patent pending P.V. photo-voltaic roof will enhance the advancement of building projects within this market segment," Mr. Ohlin also reported.

"The potential market for our patent pending monolithic, P.V. solar roof is huge. In the U.S. alone in 2010, $2.4 trillion dollars of commercial and civil construction (the major market for our technology) is in the "post bid" phase Mr. Ohlin reported. (see www.reedconstructiondata.com) "The roof portion of these projects is between 5% - 10% of the total cost which means that the total available market for our P.V. solar roof equals between $120 billion to $240 billion in the U.S. alone," he said.

"Our technology will allow solar roofs to be installed in 60' free span lengths, with an R value in excess of R-42. Photo-voltaic solar cells, producing up to 13 watts of power per hour per square foot are integrated into the exterior skin of the monolithic, structural insulated roof panels," he stated. "At full production, our machinery will be able to produce in excess of one million square feet of P.V. solar roof panels per month; generating potential sales for AeroQuest in excess of thirty million dollars per month."

For complete information on the Company please go to our web site www.atpanels.com.

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: Mr. John Ohlin President/CEO 801-523-2744

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