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GOURMET PROVISIONS INTL - GMPR STOCK NEWS

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Gourmet Provisions International Corporation (OTC PINK: GMPR) is a company focused on providing a range of gourmet food products to its customers. The company owns and operates several subsidiaries, including Jose Madrid Salsa, which offers a variety of delicious salsas and is known for its strong presence in fundraising. GMPR also acquired the multi award-winning Pizza Fusion brand, emphasizing organic, gluten-free pizzas. In addition, the company launched Cousin T's Gourmet Pancake Mix, in partnership with comedian Terrence K. Williams. GMPR is working on expanding its retail outlets and distribution networks, with plans for significant acquisitions and growth in the coming months.

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Gourmet Provisions International Corporation (OTC Pink: GMPR) has signed a Letter of Intent to acquire master franchising rights for Georgia and Western Pennsylvania, along with controlling interests in four Black Rock Bar & Grills in Florida and two in Michigan. The deal includes assets, debts, and service contracts, with combined 2020 revenues exceeding $23 million. Additional Florida locations are in development, potentially raising annual revenues to over $33 million. Management views this acquisition as a significant step towards building shareholder equity and plans to pursue NASDAQ uplisting.

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Gourmet Provisions International Corporation (OTC Pink: GMPR) announced that its subsidiary, Pizza Fusion, has successfully launched its Gluten-Free Frozen Pizzas in 50 grocery stores across Ohio and Pennsylvania, receiving strong sales and repeat orders from retailers. At the Bloomfield Little Italy Days festival, the company showcased its products, which received positive customer feedback. CEO James Vowler highlighted ongoing consumer interest and indicated forthcoming corporate news, including updates on new partnerships and product distribution strategies.

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Gourmet Provisions International Corporation (OTC Pink: GMPR) announced the launch of Gluten-Free Frozen Pizzas through its subsidiary Pizza Fusion. Major distributor Gia Russa has acquired twelve pallets of these pizzas, including options like Gluten-Free "Four Cheese" and "The Vegan." Head of Business Development, Duane L. Audo, praised the quality and market success of these products, which have received positive feedback from retailers. Gia Russa will introduce these pizzas to over 500 grocery stores, enhancing GMPR's market footprint.

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Gourmet Provisions International Corporation (OTC Pink: GMPR) announced that its subsidiary Pizza Fusion will launch Gluten-Free Frozen Pizzas in Community Markets grocery stores in Pittsburgh. Following successful product demonstrations, all participating stores will stock three varieties of Pizza Fusion pizzas and the Jose Madrid Salsas. CEO James Vowler emphasized the pizzas' superior quality and taste, catering to changing consumer preferences for healthy frozen options post-Covid. The anticipated shelf date for the pizzas is mid-July.

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Gourmet Provisions International Corporation (GMPR) announced that its subsidiary, Pizza Fusion, has received Gluten-Free Certification for three new frozen pizzas. The certified products include the Four Cheese Spinach Crust Pizza, Vegan Beets Crust Pizza, and Founders Pie Broccoli Crust Pizza. This certification will enhance customer trust and cater to the growing demand for gluten-free options. Financially, GMPR reported approximately 55 million total shares, with strong revenues of $233k and a profit margin, indicating a solid financial position.

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Gourmet Provisions International Corporation (GMPR) announced an initial purchase order for 800 cases of wines from Christopher Street Products, valued at over $265,000. This order consists of 400 cases of Napa Cabernet and 400 cases of Sparkling Wine. Votto Vines will be the primary distributor, with plans for expanded distribution through additional orders. GMPR's current share structure includes approximately 65 million shares, with over 50 million in public float. The company reported strong revenues of $233k in the 3rd quarter of 2020.

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Gourmet Provisions International Corporation (GMPR) reported an initial purchase order of $333,750 with OGGI Foods for their Custom Pizza Fusion Frozen Pizzas, projecting retail revenues exceeding $675,000. The order includes three gourmet pizzas: The Four Cheese, The Founders Pie, and The Vegan. The company emphasizes their commitment to delivering gourmet, healthy, gluten-free frozen options to grocery stores. GMPR's share structure includes 55 million total shares, with strong revenues and a profit of $233k reported for Q3 2020.

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Gourmet Provisions International Corporation (OTC PINK:GMPR) has placed an initial purchase order with Netpak Solutions for 75,000 frozen pizza boxes, comprising 25,000 each of its three distinct gourmet pizzas: The Four Cheese, The Founders Pie, and The Vegan. President & CEO James Vowler emphasized the goal of replicating the award-winning restaurant quality in a frozen format. The financial outlook highlights approximately 55 million total shares issued, with positive indicators including a $233k profit and successful debt management.

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Gourmet Provisions International Corporation (OTC PINK:GMPR) has announced a Lock-Up Agreement with its Noteholders, restricting them to convert up to eight million common shares until August 31, 2021. CEO James Vowler highlighted the company’s ongoing restructuring, including a reduction of authorized shares to 275 million and plans for an S1 filing and uplisting to NASDAQ. The current share structure includes about 55 million shares issued, with strong revenues of $233,000 profit reported in Q3 2020. GMPR continues to develop partnerships and launch new gourmet products.

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Gourmet Provisions International Corporation (OTCPK:GMPR) announced a significant reduction of its Authorized Common Shares from 3 billion to 275 million, filed with the State of Delaware on February 1. This move is aimed at creating a more shareholder-friendly structure. CEO James Vowler expressed optimism for the company's future growth, indicating upcoming announcements including Noteholder Lock-Up agreements. Current share metrics show approximately 50 million shares issued, with a recent quarterly profit of $233,000. GMPR continues to enhance its product lineup and partnerships, including with a NY Times Best Selling Author.

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FAQ

What is the current stock price of GOURMET PROVISIONS INTL (GMPR)?

The current stock price of GOURMET PROVISIONS INTL (GMPR) is $0.0001 as of December 31, 2024.

What is the market cap of GOURMET PROVISIONS INTL (GMPR)?

The market cap of GOURMET PROVISIONS INTL (GMPR) is approximately 594.1K.

What does Gourmet Provisions International Corporation focus on?

Gourmet Provisions International Corporation focuses on providing a range of gourmet food products to its customers.

What are some of the subsidiaries of Gourmet Provisions International Corporation?

Gourmet Provisions International Corporation owns and operates several subsidiaries, including Jose Madrid Salsa, Pizza Fusion, and Cousin T's Gourmet Pancake Mix.

What is Jose Madrid Salsa known for?

Jose Madrid Salsa is known for offering a variety of delicious salsas and having a strong presence in fundraising.

What brand did Gourmet Provisions International Corporation acquire?

Gourmet Provisions International Corporation acquired the multi award-winning Pizza Fusion brand, known for its emphasis on organic, gluten-free pizzas.

Who is the partner of Gourmet Provisions International Corporation in launching Cousin T's Gourmet Pancake Mix?

Gourmet Provisions International Corporation partnered with comedian Terrence K. Williams to launch Cousin T's Gourmet Pancake Mix.

What are the plans for Gourmet Provisions International Corporation's future growth?

Gourmet Provisions International Corporation plans to expand its retail outlets, distribution networks, and make significant acquisitions to drive growth.
GOURMET PROVISIONS INTL

OTC:GMPR

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GMPR Stock Data

594.10k
84.68M
Restaurants
Consumer Cyclical
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United States of America
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