Company: GRPS
Filing Date: 2025-10-15
Form Type: 10-Q
Source: 0001683168-25-007573
Chunk: 7

Company: Trans American Aquaculture, Inc
Filing Date: 2025-10-15
Form: 10-Q
Item: Part I, Item 1
Chunk 7
---

     395,397 

    NET INCREASE (DECREASE) 
     (6,497) 
     (6,600)

    CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 
     6,694  
     – 

    CASH AND CASH EQUIVALENTS AT END OF PERIOD 
    $197  
    $(6,600)

    SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: 

    Cash paid for interest 
    $–  
    $57,318 
  
    Cash paid for income taxes 
    $–  
    $– 

    NON-CASH 

    Preferred series D stock dividends 
    $–  
    $43,995 
  
    Common stock issued for services rendered 
    $–  
    $19,012 
  
    Capitalization of related party member notes to members' capital 
    $–  
    $– 

The accompanying notes are an integral part of these financial statements.

 7 

Trans American Aquaculture,
Inc.

(Formerly Gold River
Productions, Inc.)

Notes to Consolidated
Financial Statements

June 30, 2025 and 2025

NOTE 1 – BUSINESS ORGANIZATION

Business Organization

Trans American Aquaculture, Inc. formerly Gold
River Productions, Inc. (GRP), (“the Company”) was incorporated in the State of Delaware on September 18, 2006, as Polythene
Metro Corp before being acquired by Gold River Productions, Inc. on January 25, 2007. The Company was re-incorporated in the State of
Colorado in July 2018. In February 2023, pursuant to shareholder and Board approval, the Company changed its name to Trans American Aquaculture,
Inc., reflective of its new management and operations, and applied to the Financial Industry Regulatory Authority (“FINRA”)
to change its ticker symbol from GRPS to TAAQ.

On August 28, 2022, Richard Goulding, executive
and selling party of Gold River Productions, Inc. and Adam Thomas, purchaser, executed a Stock Purchase Agreement (“SPA”).
Under the terms of the SPA, Mr. Goulding, agreed to sell to Adam Thomas, CEO of TAA, 9,078,000 shares of the Company’s Series
A Preferred Stock, and to retain 640,000