Welcome to our dedicated page for GPO PLUS news (Ticker: GPOX), a resource for investors and traders seeking the latest updates and insights on GPO PLUS stock.
Headquartered in Las Vegas, Nevada, GPO Plus, Inc. (OTC: $GPOX) is a publicly traded global holding company of industry-specific group purchasing organizations (GPO). The primary holdings are HealthGPO, a healthcare industry group purchasing organization, and CBDGPO, a group purchasing organization for the CBD and hemp industry. GPO Plus specializes in developing consumer-branded products for specialty retailers and online eCommerce sales, aiming to bring quality products to a wider audience.
Recent news indicates a strategic expansion model driven by Mini-Hubs providing enhanced service to retail partners, aiming to reach over 2,000 retail locations. The company's proprietary Direct to Store Delivery (DSD) model has led to accelerated revenues. GPO Plus partners with leading industry brands, like Hempacco Co, Inc., a hemp smokables company disrupting the tobacco industry, showcasing a commitment to innovation and growth. The company's expansion strategy focuses on simplifying operations by consolidating products into one distribution service, offering a comprehensive solution for specialty retailers.
GPO Plus continues to focus on product development, manufacturing, distribution, and marketing to meet market demand and customer needs. The recent establishment of a Regional Hub in New Mexico highlights the company's dedication to enhancing efficiency and expanding service delivery. Through its strategic partnerships and innovative approach, GPO Plus aims to set new standards in distribution and deliver exceptional value to its retail partners.
GPOX has announced the appointment of Bryan Garabrandt as Vice President of Sales and Marketing and Chief Technologist. With 15 years of experience in marketing and technology, Garabrandt's role focuses on enhancing the company's online presence and operational efficiency through data-driven strategies. GPOX aims to leverage his expertise to scale operations and continue revenue growth. CEO Brett H. Pojunis expressed enthusiasm over Garabrandt's leadership in navigating GPOX’s technology challenges.
GPOX plans to expand its offerings, pursue new industry-specific GPOs, and enhance team growth.
GPOX engages King Tide Media for investor relations support
GPO Plus, Inc. (OTCQB: GPOX) has appointed King Tide Media, LLC to enhance its investor and public relations efforts. The collaboration aims to boost awareness of GPOX within the investment community. CEO Brett H. Pojunis emphasized the importance of building a strong business foundation and inviting investors to participate in GPOX's growth. The company intends to strengthen its Shareholder Success Team, ensuring stakeholders stay informed about significant developments and news.
Wayne Smeal has joined GPOX as Chief Operating Officer and board member, bringing over 30 years of leadership experience from Fortune 500 companies and successful ventures in diverse industries. He previously founded Executive Tan, growing it to over 200 locations and achieving $20 million in annual revenue. Smeal aims to enhance GPOX's sales and product development, focusing on customer service and core business growth. The company plans to launch new Group Purchasing Organizations (GPOs) and product lines to further its market reach.
GPOX has launched AntigenTests.com, a project under HealthGPO, to provide competitive pricing and a reliable supply chain for FDA EUA approved Rapid Point-of-Care COVID-19 tests. This initiative aims to resolve issues of unreliable supply chains and inconsistent pricing that have plagued the market. The company highlights that the demand for COVID tests is expected to grow, particularly with new variants. Shareholders can expect potential revenue and membership growth as HealthGPO addresses these challenges effectively.
Ron McCormick has been appointed as the new President of GPOX, a company focused on diversified Group Purchasing Organizations (GPOs). With over 30 years of entrepreneurial experience, McCormick aims to enhance GPOX's business model by leveraging his expertise in health and wellness. His track record includes successful ventures in the nutrition and CBD industries, which are key to GPOX's strategic direction. The company is also raising $5,000,000 through crowdfunding to support its growth initiatives.
GPOPlus+ (OTCQB: GPOX) announced a Master Distribution and Sales Agreement with US BioSolutions™ to distribute their products in the US. GPOX will become a non-exclusive master distributor, creating new sales channels and developing a private-label line of BioFoam™ PPE products. The technology used in BioFoam™ has military origins and has been validated by various organizations. GPOX also launched a $5 million equity crowdfunding offering to attract investors. For shareholders, a promo code for a discount on USBS products has been introduced.
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.
GPOPlus+ (OTCQB: GPOX) announced plans to raise up to $5,000,000 through a Regulation D 506c offering targeting accredited investors. Each unit is priced at $1,500 and includes 1,000 shares at $1.50 per share, along with 1,000 bonus warrants for $2.00 per share. The funds will be utilized for acquisitions and expansion initiatives to develop new sales channels and enhance marketing efforts. The company aims to attract new shareholders aligned with its growth strategy.
GPO Plus, Inc. (GPOX), based in Las Vegas, announced the filing of its Annual Report on Form 10-K for the fiscal year ending April 30, 2021, alongside the launch of a social media content campaign. The company aims to enhance its visibility and engage with investors through social media channels. Management encourages participation from the community to boost GPOX's online presence. The annual report can be accessed through the GPOX Investor Portal, where investors can also sign up for updates and alerts.
FAQ
What is the current stock price of GPO PLUS (GPOX)?
What is the market cap of GPO PLUS (GPOX)?
Where is GPO Plus, Inc. headquartered?
What are GPO Plus, Inc.'s primary holdings?
What is GPO Plus, Inc.'s expansion strategy focused on?
What recent establishment highlights GPO Plus, Inc.'s dedication to expanding service delivery?
What are some key features of GPO Plus, Inc.'s Direct to Store Delivery (DSD) model?
