Welcome to our dedicated page for NETBRANDS news (Ticker: GDMK), a resource for investors and traders seeking the latest updates and insights on NETBRANDS stock.
NetBrands Corp, traded as GDMK, is a diversified holding company headquartered in Island Park, NY. The company operates through multiple divisions, with a focus on M&A to acquire and scale up ecommerce assets in various verticals.
Recently, NetBrands Corp engaged eCommerce Lending to execute its blueprint for acquiring ecommerce businesses. The company is currently under an LOI for the proposed acquisition of Zero Gravity, a leading provider of FDA-approved anti-aging devices.
NetBrands Corp has filed an application to uplist to the OTCQB Venture Market, aiming to enhance transparency, liquidity, and valuation for its investors. The company's strategic moves demonstrate its commitment to shareholder value and growth.
Global Diversified Marketing Group Inc (OTC PINK:GDMK) has finalized a $5 million Common Stock Purchase Agreement with Williamsburg Venture Holdings. This agreement allows Williamsburg to purchase shares over a 12-month period, starting with the filing of a registration statement. The proceeds are intended for expansion, acquisitions, and general purposes. CEO Paul Adler stated that this transaction will support the company's growth and acquisition strategies, thereby enhancing market demand.
Global Diversified Marketing Group (OTC: GDMK) has launched its EzLyv brand, introducing three new gummy supplement SKUs aimed at the growing nutraceutical market. The products include Collagen, Mushroom Complex, and Apple Cider Vinegar gummies, all designed to cater to health-conscious consumers seeking easy-to-consume nutritional options.
The global nutraceutical market is valued at $117 billion, and GDMK's entry is seen as a timely opportunity to diversify its product offerings. CEO Paul Adler expressed optimism about the potential for business growth in this high-demand sector.
Global Diversified Marketing Group Inc. (OTC: GDMK) recently discussed its future growth outlook in an interview with CNBC and Fox Business Network analyst Kenny Polcari. CEO Paul Adler highlighted the company's ongoing developments and market strategies.
Based in Island Park, NY, GDMK specializes in consumer packaged goods, particularly gourmet snacks, offering products such as Italian wafers and macarons. The company operates in the U.S., Canada, and Europe, utilizing diverse distribution channels.
Global Diversified Marketing Group Inc (OTC: GDMK) is entering the rapidly growing nutraceutical supplements market, with plans to launch products in Q4 2021. This strategic move aims to diversify its offerings and tap into the increasing consumer demand for health-enhancing foods. The global nutraceutical market is valued at approximately $117 billion, with significant growth potential in personalized products. CEO Paul Adler emphasized this expansion as a vital opportunity for the company, highlighting the rise of health-conscious consumers seeking nutritional solutions.
Global Diversified Marketing Group (OTC: GDMK) has announced the integration of cryptocurrency acceptance into its 360worldsnacks.com site, enhancing consumer purchasing options. This milestone aims to offer consumers a flexible and innovative way to buy snacks, fostering loyalty and increasing patronage. The company is also exploring a rewards program enabling customers to earn either cryptocurrency or discounts. This initiative reflects the importance of adapting to evolving consumer preferences in the snack market and positioning the company for growth.
Global Diversified Marketing Group (OTC: GDMK) announced its second fiscal quarter results for 2021, reporting a revenue increase of 120% to $556,579 compared to $253,341 in Q2 2020. Additionally, the gross profit margin improved to 43.1% from 23.9% year-over-year. For the first half of 2021, revenues more than doubled to $1,379,979, reflecting a 133% increase. Gross profit margin also rose to 41.6% from 38.5% in the previous year. CEO Paul Adler highlighted the company's strong product lines and growth prospects, including potential acquisitions.
Global Diversified Marketing Group (GDMK) shares an optimistic outlook, aiming for a NASDAQ up-listing in 2021. The company reports a 142% revenue increase in Q1 2021 over the prior year, nearly doubling last year's total in just one quarter. With strong relationships with Fortune 500 companies and successful product placement in major consumer club stores, GDMK anticipates significant growth. Their new e-commerce platform, 360worldsnacks.com, aims to offer 500 snack SKUs and free two-day shipping. The company is committed to attracting long-term shareholders and plans further acquisitions.
Global Diversified Marketing Group Inc. (OTC: GDMK) reported a remarkable 142% revenue increase in Q1 2021, reaching $823,400 compared to $339,961 in Q1 2020. Gross profit margin improved by 98% to $322,124. Adjusted net profit rose to $74,993, while net loss decreased significantly to $410,545 from $26,001,782 in the previous year. CEO Paul Adler highlighted growth strategies, including the launch of 360worldsnacks.com and a focus on synergistic acquisitions, aiming to enhance the company’s market presence and profitability.
Global Diversified Marketing Group Inc. (GDMK) has unveiled a re-branded website, 360worldsnacks.com, aiming to become a leading snack marketplace. The site will initially feature popular branded items, with a goal of offering 500 different SKUs within the next 120 days. Customers will enjoy 2-day free shipping on U.S. orders over $50, along with promotional discounts. CEO Paul Adler notes the necessity for a user-friendly platform to accommodate various consumer preferences in gourmet snacks.
Global Diversified Marketing Group Inc. (OTC PINK:GDMK) has announced the appointment of Serge Kats as the new Director of Operations, effective April 5, 2021. His extensive experience in business expansion and client management, including overseeing a portfolio worth over $100MM, aims to enhance sales avenues for the company's snack food products. CEO Paul Adler expressed optimism about Kats' contributions to the company’s growth and revenue objectives as it seeks to expand its consumer base.
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