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Tuesday, February 7, 2023

GPO Plus Inc (OTCMKTS: GPOX) Trending Upwards Since Reversal in December

GPO Plus Inc (OTCMKTS: GPOX) has been steadily moving upwards in recent trading ever since reversing off $0.11 in the third week of December. GPOX got everyone’s attention earlier this year after taking off from under $0.25 in September to highs of $2.09 per share in October. Since than the stock has fallen significantly recently reversing off new 52-week lows. Now that GPOX is moving up again speculators are beginning to accumulate. GPOX has a fairly low float of 5.8 million shares which has aided significantly in the stock’s wild volatility. There has also been some dilution since GPOX made its run with OS increasing from 29 million shares to 33 million shares. GPOX continues to make good moves here recently entering into a master service agreement with SurgePays, a master distribution agreement with Tech Armor, as well as the trademark license agreement with Yuengling’s Ice Cream as described below. We will be updating on GPOX so subscribe to Investmillion.com right now by entering your email in the box provided above.  

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GPO Plus Inc (OTCMKTS: GPOX) operating out of Las Vegas Nevada is a brand creation and distribution company focused on independent and regional retailers with an ever growing product catalog, that uses the power of Group Purchasing to save businesses money. GPO Plus develops industry specific GPOs that leverage the aggregated purchasing power of its members. The GPOs use collective buying power to obtain and negotiate discounts on products and services from vendors. The discounted rates are then shared with its members saving them money and time by also improving supply chain efficiencies. 

The Company is comprised of HealthGPO, a Group Purchasing Organization for the Healthcare industry, cbdGPO, a Group Purchasing Organization for the hemp industry. DISTRO+, the Company’s distribution division and GPO for specialty retailers, and Nutriumph® Supplements, an innovative supplement company whose mission is to offer premium nutraceuticals to assist consumers to reach their health and wellness goals with natural ingredients. In addition, GPOPlus offers professional services through GPOPRO Services. 

HealthGPO is a Group Purchasing Organization (GPO) for healthcare related products and services for the emerging alternative market. HealthGPO works with companies that have well priced high-quality products and services with advantageous terms. The Company primary offerings are volume supply acquisitions, access to quality personal protective equipment (PPE), essential necessities and medical equipment from non-traditional, yet fully accredited suppliers. Additionally, we identify “best of breed” products that have a unique value proposition and become distributors with some form of exclusivity and/or favorable terms. HealthGPO is developing a b2b healthcare portal to offer medical products to everyday business. Technology will continue to play an important role in exceeding our stated goals. 

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GPOX

DISTRO+ is a Group Purchasing Organization (GPO) + distributor of premium products for the emerging specialty retailer sector and wholesalers. DISTRO+ proudly represents best-in-class brands focusing on nutraceuticals, hemp derived products including flower, prerolls, gummies, sublingual strips and more utilizing the latest compounds and ingredients such as HHC, Farm Bill Compliant Delta 8 and Delta 10, THC-O, THC-P, and Kratom. All of this is backed by a robust technology portal that gives our small and medium sized partners (we call them “Members”) the IT backbone to manage logistics, inventory, payments while shopping from real time product catalogs and inventory. Through the power of Group Purchasing, DISTRO+ offers its network competitive pricing with low MOQs that realize similar discounts as major retailers with large buying power. 

Earlier this year GPOX signed a binding LOI to acquire assets of Betterment Retail Solutions, Inc. including its innovative “Feel Good Shop.” Betterment developed a strong DSD (Direct Store Distribution) infrastructure catering to over 470 retail locations throughout Texas, New Mexico, Oklahoma, South Dakota, Iowa, Kansas, Wyoming, Missouri and Nebraska. Strong relationships with retailers include Yesway/Allsups, Texas Born, and CEFCO. 

The Feel Good Shops is a “store within a store” concept at local retailers offering CBD and other cannabinoid (Delta-8, HHC, etc.) products from leading companies including Martha Stewart, Kill Cliff, Canopy Growth, John Daly Collection, and CaliGold. The Betterment and Feel Good Shops assets are to be managed under DISTRO+, GPOX’s distribution division, and GPO for specialty retailers and wholesalers. 

On December 9, GPOX entered into a Trademark License Agreement with Yuengling’s Ice Cream Corporation. Under the Agreement, GPOX acquired the exclusive right to use the Yuengling’s logo for a planned line of Yuengling’s Ice Cream flavored CBD and cannabinoid products.  The initial term of the Agreement runs through November 30, 2027, with an option to extend for an additional five years. In consideration for the trademark license, GPOX will pay Yuengling’s a royalty of 5% of all gross wholesale revenue generated from the sale of the Company’s Yuengling’s Ice Cream branded products. 

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Currently trading at a $6.7 million market valuation GPOX is getting noticed by speculators ever since the stock made a significant reversal off $0.11 per share. As we pointed out GPOX saw a very big move earlier this year to highs of $2.09. There has been some dilution since GPOX made its run with OS increasing from 29 million shares to 33 million shares. GPOX continues to make good moves here recently entering into a master service agreement with SurgePays, a master distribution agreement with Tech Armor as well as the trademark license agreement with Yuengling’s Ice Cream as described below. We will be updating on GPOX when more details emerge so make sure you are subscribed to investmillion.com by entering your email below.

Disclosure: we hold no position in GPOX either long or short and we have not been compensated for this article.

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