Merle Ferguson - Mar 23, 2023 Form 4 Insider Report for GOLD ROCK HOLDINGS, INC. (GRHI)

Signature
/s/ Merle Ferguson
Stock symbol
GRHI
Transactions as of
Mar 23, 2023
Transactions value $
$505,000
Form type
4
Date filed
3/27/2023, 01:06 PM
Previous filing
Mar 9, 2023
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRHI Common Stock Award $505K +120M +343.54% $0.00* 155M Mar 23, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common shares issued are thinly traded and because they are restricted from sale under Rule 144, it is very likely that the actual cash value of those shares is greatly less than the aforementioned and imputed accounting value.
F2 Mr. Ferguson owns directly and indirectly 166,646,262 shares of the issuer in aggregate; 155,238,095 shares held directly and 11,408,167 held indirectly.