Company: GRPS
Filing Date: 2025-10-16
Form Type: 10-Q/A
Source: 0001683168-25-007611
Chunk: 12

Company: Trans American Aquaculture, Inc
Filing Date: 2025-10-16
Form: 10-Q/A
Chunk 12
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560 |
| Total inventory         |     | $    | 302,409 |     | $    | 208,808 |     | $    | 161,560 |

NOTE 5 – PROPERTY AND EQUIPMENT

As of June 30, 2025, and June 30, 2024, the Company
had the following property and equipment:

| Schedule of  property and equipment |     | 2025 |  June 30, |   |     | 2024 |  June 30, |   |
|:------------------------------------|:----|:-----|----------:|:--|:----|:-----|----------:|:--|
| Autos and trucks                    |     | $    |     9,179 |   |     | $    |    66,845 |   |
| Building and improvements           |     |      |   668,289 |   |     |      |   668,289 |   |
| Farm equipment                      |     |      |   348,949 |   |     |      |   440,598 |   |
| Other equipment                     |     |      |    85,332 |   |     |      |   646,066 |   |
|                                     |     |      | 1,111,750 |   |     |      | 1,821,798 |   |
| Less: accumulated depreciation      |     |      |  (460,812 | ) |     |      |  (545,522 | ) |
|                                     |     |      |   650,938 |   |     |      | 1,276,276 |   |
| Land                                |     |      |   126,243 |   |     |      | 6,126,242 |   |
| Net property and equipment          |     | $    |   777,180 |   |     | $    | 7,402,518 |   |

NOTE 6 –NOTES PAYABLE

Notes payable as of June 30, 2025 and June 30,
2024, consisted of the following:

| Schedule of notes payable                                                                                                                                                                                     |     | 2025 | June 30, |   |     | 2024 |  June 30, |   |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|---------:|:--|:----|:-----|----------:|:--|
| Note