Gpo Plus Inc Stock Price, News & Analysis

GPO Plus (OTCQB: GPOX) has launched DISTRO+, a new Group Purchasing Organization (GPO) aimed at specialty retailers and wholesalers. The Phase One launch focuses on three key objectives: forming distribution agreements with brands, enrolling retailers as members, and identifying potential distributors for acquisition. DISTRO+ plans to offer competitive pricing and low minimum order quantities to its members while developing a diverse portfolio, particularly emphasizing hemp-derived products. This strategic initiative aims to consolidate and enhance purchasing power for independent distributors and retailers.

GPOX reported a quarterly revenue of $397,094, bringing year-to-date earnings to $995,813, reflecting a significant 160% growth compared to the 2021 Q3 year-to-date revenue of $622,384. The report was filed with the SEC for the fiscal third quarter ending January 31, 2022. CEO Brett Pojunis highlighted the company's momentum, underscoring a solid foundation with growing revenues and new product developments.

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.