GPOPlus+ Names Laurence Ruhe as New Chief Financial Officer
GPOX appoints Laurence Ruhe as Chief Financial Officer, aiming for a NASDAQ uplisting in 2022.
Ruhe brings over 34 years of experience from notable firms including Wells Fargo and Deutsche Bank. Under his leadership, GPOX has recently achieved its first $1M in revenue (unaudited). He will oversee financial strategy, compliance, and manage financial due diligence for acquisitions. Additionally, GPOX has launched a $5 million equity crowdfunding offering to encourage direct investment. This strategic move aims to strengthen the company's growth and shareholder value.
- Appointing Laurence Ruhe as CFO brings significant experience, potentially enhancing financial strategy and compliance.
- Achieved first $1M in revenue (unaudited), indicating growth and market validation.
- Launch of $5 million equity crowdfunding offering could attract new investors and fund future growth.
- None.
Laurence Ruhe joins GPOX to help develop and lead the Company’s financial strategy, strengthen compliance and help guide the company to a potential NASDAQ uplisting in 2022
LAS VEGAS, NV, Nov. 15, 2021 (GLOBE NEWSWIRE) -- GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified industry-specific Group Purchasing Organizations (GPOs), today announced Laurence Ruhe has joined GPOX as its new Chief Financial Officer (CFO).
Laurence Ruhe is a seasoned professional with extensive experience in the capital markets driving strong financial and operational results for publicly traded and private companies. Mr. Ruhe has international business experience working with multi-national enterprises operating in multiple countries with multiple currencies.
Mr. Ruhe brings over 34 years of financial and business experience to the Company, previously holding senior positions with Progressive Gaming, Konami Gaming, Wells Fargo, BMM International, Deutsche Bank, and other publicly traded companies. Mr. Ruhe joins the company as GPOX achieves its first financial milestone recently generating their first
GPOX Chairman and CEO Brett H. Pojunis, said, “Laurence is an established global CFO with a strong history of delivering results to public companies.” Mr. Pojunis continued, “Laurence has a solid track record keeping public companies compliant by implementing rigorous financial controls and ensuring timely SEC filings. He understands our needs and is coming on board during a crucial growth period for our Company. I feel he will make an immediate impact on our financial strategy moving forward while serving our company and our shareholders well. Laurence possesses leadership qualities needed by the Company and will be a fantastic addition to the GPOX Executive team!”
As CFO, Mr. Ruhe will drive GPOX’s financial strategy and will lead the financial operations which include corporate finance, internal and external reporting, providing the Company with accounting oversight, and timely preparation of financial statements and related SEC filings. Additionally, Mr. Ruhe will help execute the Company’s acquisitive growth strategy by providing oversight and managing the financial due diligence process of potential acquisition targets.
“I’m honored to join GPOX as an officer and member of the executive team alongside its Chief Executive (CEO) Brett H. Pojunis, to work in an industry that I am passionate about,” said Mr. Ruhe, GPOX’s new CFO. He continued, “I look forward to strategically advancing the Company to achieve new levels of growth and success.”
The Company recently announced the launch of its
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About GPOPlus+ (GPOX)
Headquartered in Las Vegas, Nevada, GPOPlus+ (OTCQB: GPOX) is a publicly traded company of diversified industry-specific Group Purchasing Organizations (GPOs).
Our Purpose is to create efficient GPOs and our Mission is to create value for our GPO Members, partners, and suppliers while creating long-term shareholder value.
Our Mantra:
We Aggregate, Negotiate + Share!
- Aggregate - We aggregate the purchasing power of our Members.
- Negotiate - We leverage buying power to negotiate discounts.
- Share - We share the discounts with our Members and save them money.
For more information, please visit www.GPOPlus.com. To activate your free GPOX Investor Account at www.GPOPlus.com/ir.
Information about Forward-Looking Statements
This press release contains “forward-looking statements” that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company’s need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks that are detailed from time-to-time in the Company’s filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as “may,” “will,” “can” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,” “continue,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “target,” “potential,” and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company’s actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
GPOPlus+ Contacts:
Shareholder Success Team + Investor Inquiries:
Brett H. Pojunis, CEO
Email: ir@gpoplus.com
Shareholder’s Line: 855.935.GPOX (4769)
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