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Independent Oil Gas

Independence Energy, Inc., which was formerly known as Independent Oil and Gas Corp, trades on the OTC Markets Group's OTCQB exchange under the ticker symbol "GRPR." The company focuses on the acquisition and development of oil and natural gas properties in the U.S.

Based on the latest financial data available (as of Q3 2021), Independence Energy has posted total revenues of $1,082,000 for the first nine months of 2021, representing an increase of $61,000 or 6% compared to the same period in 2020. However, the company experienced a net loss of $1,535,000 for the nine months ended September 30, 2021.

Here are some key financial highlights of Independence Energy (as of Q3 2021):

1. Revenues: $1,082,000 (an increase of $61,000 or 6% compared to the same period in 2020)

2. Net Loss: $1,535,000 (a decrease of $748,000 or 33% compared to the same period in 2020)

3. Total Assets: $4,100,000 (a decrease of $714,000 or 15% compared to the same period in 2020)

4. Total Liabilities: $3,187,000 (a decrease of $393,000 or 11% compared to the same period in 2020)

It's important to note that the company has not reported any positive earnings in recent years, and its revenues have been relatively low compared to other oil and gas companies listed on major exchanges. As a result, potential investors should carefully evaluate the company's financial health and growth prospects before investing in its stock.

Moreover, as with any investment, it's important to conduct thorough research and seek the advice of a financial advisor before investing in Independence Energy or any other public company.