Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001683168-25-005173
Chunk: 518

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-K
Item: Item 7A
Chunk 518
---

financial reporting that occurred during the quarter ended December 31, 2024 that have materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting.

We have taken limited steps to meet our Sarbanes-Oxley
(SOX) Section 404 compliance requirements and implement procedures to assure financial reports are prepared in accordance with generally
accepted accounting principles (GAAP) and therefore fairly represent the results and condition of the Company. We are not materially compliant
with the Section 404 requirements due to economic constraints.

    ITEM 9B.
    OTHER INFORMATION

During the quarter ended
December 31, 2024, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement,
as each term is defined in Item 408(a) of Regulation S-K.

    ITEM 9C.
    DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

Not applicable to the Company.

 19 

PART III

    ITEM 10.
    DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Executive Officers and Directors

The following table sets forth the name, age, and position of each executive
officer and director of the Company:

    Director's Name
    Age
    Position
  
    Adam Thomas
    43
    Chief Executive Officer, Chief Financial Officer, and Director

    Luis Fernando Granda Arias
    66
    Chief Operating Officer

    Luis Arturo Granda Roman
    45
    Director

    Bolivar Prieto Torres
    44
    Director

    Malcolm McNeill
    78
    Director

    Malcolm Ashley
    66
    Director

Adam Thomas, CEO, CFO, and Director. Mr. Thomas
has served as Chief Executive Officer, Chief Financial Officer, and Director of the Company since August 2022 and as Chief Executive Officer
of TAA since April 2016. Mr. Thomas holds a bachelor’s degree in aviation management from Bowling Green State University and holds
an MBA from Capital University. He has over fifteen years’ experience in operations, strategy, and financial operations. Mr. Thomas
is highly qualified and experienced in managing budgets, P&L, and strategic growth. Prior to his involvement with TAA, Mr. Thomas
was a Vice President at JPMorgan Chase where he led various operational and strategy groups both