GPO Plus, Inc. (GPOX) reports developments around its AI-powered Direct Store Delivery model for gas stations, convenience stores and specialty retailers. Company news centers on the PRISM+ technology platform, which supports route optimization, inventory management, driver accountability and retailer reporting for DSD and Scan-Based Trading operations.
Updates also cover network scaling through regional hubs and mini hubs, chain-level customer acquisition, product category expansion, investor memoranda, capital strategy and risk-factor disclosures. Recurring announcements include revenue-growth commentary, participation in investor and industry events, and efforts to expand the company's distribution footprint from regional service areas toward a broader convenience-retail network.
GPOX has announced a partnership with CaliGold Distro, positioning its distribution division, DISTRO+, as a preferred distributor of CaliGold products. This agreement allows GPOX to sell CaliGold's range of items, including Delta8Rolls.com™ and FLAYVORZ products. The partnership marks GPOX's second significant distribution agreement, reflecting its growth strategy in the kratom and infused hemp sectors. CaliGold Distro is recognized for its compliance and quality in manufacturing infused hemp and kratom products, enhancing GPOX's market presence.
GPO Plus, Inc. (OTCQB: GPOX) has announced a 6-month marketing and consulting contract with Toronto's North Equities Corp to enhance its online presence and social media strategy. As part of the engagement, GPOX will issue 300,000 shares to North Equities. CEO Brett H. Pojunis expressed confidence in North Equities' ability to increase awareness of the company's offerings. GPOX focuses on group purchasing to save businesses money, aiming to create long-term value for members and shareholders.
GPO Plus, Inc. (OTCQB: GPOX) has appointed Joseph Jaconi as President of its new distribution division, DISTRO+. With over 25 years in the Consumer Packaged Goods sector, Jaconi aims to enhance national sales efforts and distribution strategies. His past achievements include co-founding Tech Armor and developing brands in the hemp-derived CBD market. The primary goals for DISTRO+ involve establishing distribution agreements, onboarding wholesalers, and pursuing potential acquisitions to drive growth.
GPO Plus, Inc. (GPOX) has engaged Lookhu to enhance its revenue and brand awareness through strategic content and influencer marketing initiatives. The partnership aims to leverage Lookhu's established connections with top influencers and celebrities, including Ray J and Snoop Dogg, to promote GPOX’s newly acquired brands, Nutriumph and Herberall. The campaign includes the development of advertising channels, content creation, syndication across social media platforms, and business development efforts to foster partnerships. A promotional offer of 30% off is currently available for shareholders.
GPOX has signed an asset purchase agreement to acquire Nutriumph® Supplements and its flagship product HERBERALL®, marking its entry into the lucrative Direct-To-Consumer Vitamin and Supplement sector. This acquisition is expected to further GPOX's growth strategy and expand its product offerings. Nadege Bellissan, founder of Nutriumph®, has been appointed CEO of the new division. Nutriumph® boasts a robust online sales presence across platforms like Amazon, Walmart Marketplace, and more, which will enhance GPOX's distribution capabilities.
GPOX has entered a strategic multi-year partnership with DEV Distribution as its Master Distributor, effective June 8, 2022. This agreement enables GPOX to distribute DEV's products, including vegan CBD-infused gummies, at Most Favored Nations pricing.
With DEV moving to a new facility capable of producing 30 million gummies monthly, this collaboration is expected to significantly enhance GPOX's growth in the vitamin and CBD sectors.
GPOX, under its growth strategy, has executed a letter of intent to acquire Nutriumph® Supplements and its leading product HERBERALL®. This acquisition, valued at 150,000 shares of restricted common stock and $50,000 cash, is anticipated to close by June 30, 2022. Nutriumph® specializes in natural, certified supplements designed for health and wellness. The partnership aims to enhance GPOX's portfolio and expand its market presence in the vitamin and supplement sector. GPOX plans to launch Nutriumph® products through its DISTRO+ distribution division.
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.