Genuine Marketing Group Inc. Announces 15-Million-Dollar Capital Raise

Rhea-AI Summary

Genuine Marketing Group Inc. (OTC: GMGZ) has initiated a $15 million capital raise, engaging Business Optimization Group and Owen Carhart to lead the funding round. This capital raise supports GMG's growth strategy and the development of its product authentication system, ZPTAG®, aimed at enhancing consumer protection at the point of purchase. CEO Chuck Chastain expressed confidence in the partnership, highlighting the alignment with professionals to bolster their initiatives. The company leverages blockchain technology to authenticate products, combining this with a user-friendly smartphone interface.

Positive

• Initiation of a $15 million capital raise to enhance growth strategy.
• Engagement of Business Optimization Group for strategic planning and capital raising.
• Development of ZPTAG® authentication system, increasing consumer trust.
• CEO highlights strategic partnerships to accelerate capital raise objectives.

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• None.

MINNEAPOLIS, Jan. 24, 2023 /PRNewswire/ -- Genuine Marketing Group Inc. (OTC: GMGZ) announces the commencement of its 15-million-dollar capital raise and the engagement of Business Optimization Group and Owen Carhart to lead the funding round. Bolstering GMGs growth strategy and further development and activation of its product authentication system ZPTAG®, the raise is the next step in the company's mission to authenticate products at the point of purchase for the end user and consumer.

Business Optimization Group, LLC is a boutique business consulting firm located in Miami Beach, FL. It engages with companies for strategic planning, capital raising, business planning and development, and operational and financial support services. Its' founder, Owen Carhart, is an accomplished entrepreneur with a multifaceted business background in an array of industries. Business Optimization Group has been formally engaged with GMG Inc for several months and will continue to lead and assist the company in efforts to achieve its capital objectives.

"Upon initial contact with GMG concerning their fundraising requirements for a remarkable new software platform, it quickly became apparent that this was a one-of-a-kind opportunity with substantial world impact," declared Owen Carhart of Business Optimization Group. "We are thrilled to be collaborating with this pioneering Blockchain firm and introducing ZPTAG® to GMG patrons globally."

Genuine Marketing Group CEO, Chuck Chastain stated, "GMG continues to align with professionals who can both accelerate and amplify our goal to protect consumers and bring value to our brand partners. Owen and Business Optimization Group are a perfect fit for our capital raise initiatives and bring a host of other benefits to our multiple verticals of growth. We look forward to the completion of this raise and much more together."

Genuine Marketing Group Inc. or GMG is a retail and consumer focused marketing company that creates brand affinity and builds consumer confidence through its proprietary authentication system, ZPTAG®. Combining the user-friendly engagement of a smartphone app with the smart contracts of the IBM blockchain.

Business Optimization Group, LLC is a boutique business consulting firm located in Miami Beach, FL. It engages with companies for strategic planning, capital raising, business planning and development, and operational and financial support services. Business Optimization Group can be contacted by emailing info@bizopsgrp.com or calling 305-981-6738. "

More information about Genuine Marketing Group Inc. can be found at https://genuinemarketinggroup.com/

Contact: Greg Needham
Email: greg@genuinemarketinggroup.com

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

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SOURCE Genuine Marketing Group Inc.

FAQ

What is Genuine Marketing Group Inc.'s capital raise amount?

Genuine Marketing Group Inc. has announced a $15 million capital raise.

Who is leading the funding round for GMGZ?

The funding round for GMGZ is being led by Business Optimization Group and Owen Carhart.

What is the purpose of the capital raise for GMGZ?

The capital raise is aimed at supporting GMG's growth strategy and the development of its product authentication system, ZPTAG®.

How does ZPTAG® enhance consumer trust?

ZPTAG® aims to authenticate products at the point of purchase, protecting consumers and enhancing their trust.

What technology does GMGZ use for product authentication?

GMGZ uses blockchain technology combined with a smartphone app for its product authentication system.