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GRPS Gold River Productions Inc (PK)

0.00165
0.00015 (10.00%)
28 Jun 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
  0.00015 10.00% 0.00165 0.0017 0.002 0.002 0.0015 0.0018 4,684,425 21:00:00

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

26/10/2010 1:01pm

Marketwired


Gold River Productions (PK) (USOTC:GRPS)
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John Ohlin, President and Chief Executive Officer of Gold River Productions (PINKSHEETS: GRPS) Inc. announced today that the Company's Patent Pending technology of a monolithic, photo-voltaic solar roof will soon be filed on a world-wide basis. "There is no known, established market for our patent pending technology as all established P.V. solar technology is a 'bolt on' technology," he said.

"However, 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. (www.reedconstructiondata.com) "The roof portion of the construction is between 5% - 10% of the total construction cost which means that the total available market (TAM) for our patent pending P.V. solar roof equals between $120 billion to $240 billion in the U.S. alone," he said. "A one half of one percent market penetration in five years would generate between $60 million to $120 million in sales.

"Our technology will allow solar roofs to be installed in 60' free span lengths, with an R value in excess of R-42. Photovoltaic 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. "Our P. V. solar roof panels will be produced on high-speed, fully automated laminators. At full production, the laminators can produce in excess of one million sq. ft. 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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