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Sunday, November 27, 2022

Gourmet Provisions International (OTCMKTS: GMPR) Breaking Out Northbound as Co Reports New Distribution Deal & Teases Big News Coming on Twitter

Gourmet Provisions International (OTCMKTS: GMPR) is making a powerful move up the charts after the Company announced Pennsylvania based food distributor McAneny Brothers, Inc will begin carrying and distributing 10 of Jose Madrid Salsas “The Healthy Fundraiser” on-line ordering and next day delivery throughout Pennsylvania, Ohio, Maryland, West Virginia and New York to over 1,300 retail customers. The Company also reported on twitter there is news coming out next week; Black Rock deal; Military & our Pizza Fusion frozen pizzas; CFO & Audits for NASDAQ; Salsa into new distributor; New #CousinTs products; new website; food show, great things happening, slow & steady as we build this great food company. $GMPR” 

It’s easy to get excited about GMPR which traded as high as $0.148 last September. Currently coming off a reversal off $0.0083 52 week lows the stock has a lot of room to grow from these levels. The Company is starting to see some solid revenues too recently reporting $261,071 in sales for the 3 months ended March 31, 2022. 

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Gourmet Provisions International (OTCMKTS: GMPR) brought on Jack Brewer as GMPR’s Brand Ambassador & Brewer Media & Entertainment Group in October of 2017. Brewer Media Group was brought on to help build all aspects of the many Gourmet brands. With a primary focus on the increase of online and retail sales, social media presence and overall content, public persona and awareness, acquire acquisition opportunities and much more. 

The company has four wholly owned subsidiaries Jose Madrid Salsa, Pizza Fusion, Unique Tap House & PopsyCakes, has a Licensing agreement with Christopher Street Products, distribution agreement with Cousin T’s and a LOI to purchase 6 Black Rock Steak Bar & Grill’s.  

Black Rock Bar & Grill opened its doors and brought with it a dining experience unlike any other. By pairing family recipes, a 755-degree volcanic stone, and a love for food, the Morganroth family knew they were a perfect fit for the restaurant industry; however, they had no prior restaurant experience, working only off their dream of what Black Rock could become. With a very determined family and help from the community, Black Rock grew into something remarkable. Voted the #1 steakhouse in Michigan for three consecutive years, the family in 2013 entered a nationwide competition to be named “America’s Next Top Restaurant Franchise” and won first place! Today, Black Rock is expanding across the nation. We are home grown, and soon to be nationally known. 

Jose Madrid Salsa “The Healthy Fundraiser” has continued to dominate in the fundraising category, expanded its Ohio offices & production facility, recently purchased a custom delivery vehicle and will be expanding into many retail outlets throughout the US & Canada, now in 160+ grocery stores throughout Ohio. 

Pizza Fusion Gourmet Provisions International Corp. acquired the multi award-winning Pizza Fusion brand, with existing locations in the US & Saudi Arabia, in March, 2019. In 2006, Pizza Fusion changed the pizza industry with its award-winning organic, gluten-free delicious healthy pizzas, with a big emphasis on every product and location keeping to the company’s motto ‘Saving the Earth one Pizza at a Time!’ Now selling its Gourmet Gluten-Free Frozen Pizzas in 175+ grocery stores in 4 different states. 

PopsyCakes “The First & Only Cupcake on a Pretzel” debuted their new PopsyBites on Fox News Channel’s popular show “The Five” and the new bite size gourmet treat has been a big hit ever since in retail. The company signed a 50/50 partnership deal with a Pittsburgh based $16 million annual Candy Company that can handle nationwide production and distribution (more details being announced soon). 

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In May GMPR received its first order for the Company’s gluten-free Gourmet Pizza Fusion “Saving the Earth One Pizza at a Time” frozen pizzas from family owned Karns Quality Foods 10 Grocery Stores. Karns locations received their first delivery of Pizza Fusion Pizzas last week. Karns Quality Foods Grocery Stores family-owned Gourmet grocery store chain has 10 locations throughout the Harrisburg PA area.  

The Company currently sells its three signature Pizza Fusion Pizzas at 175+ grocery stores. The “Four Cheese” Pizza starts with the Company’s custom rich tomato sauce made from premium quality tomatoes & extra virgin olive oil, topped with real Mozzarella, Romano, savory Asiago and our hearty Parmesan cheeses all of this baked on top of OGGI Foods award-winning, custom, gluten-free Spinach Crust. The “Founders Pie” Pizza is topped with the Company’s custom-made pizza sauce, extra virgin olive oil, Oregano, Basil, real Mozzarella, Romano, Asiago & Parmesan cheeses, imported cherry tomatoes from Italy, diced red onions, fresh spinach on top of OGGI Foods custom gluten-free Broccoli Crust. 

On June 21 GMPR announced Pennsylvania based food distributor McAneny Brothers, Inc will begin carrying and distributing 10 of Jose Madrid Salsas “The Healthy Fundraiser” (Wholly Owned Subsidiary of GMPR). McAneny Brothers is a full-service convenience and grocery store distributor, offering on-line ordering and next day delivery throughout Pennsylvania, Ohio, Maryland, West Virginia and New York to over 1,300 retail customers. 

GMPR Wholly Owned Subsidiary Jose Madrid Salsa currently has their 28 Gourmet Salas in 100+ Grocery, Convenience & Liquor Stores throughout Ohio. JMS started selling its Gourmet Salsas in 1993 and quickly established the brand as the #1 Salsa Fundraiser nationwide. Currently JMS continues to lead the industry in fundraising and over the past couple of years has been taking a larger presence into the retail marketplace. Gourmet Provisions International Corporation purchased 100% of Jose Madrid Salsa 8 years ago and it is owned and operated as a wholly owned subsidiary of GMPR.  

 

 

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Currently trading at a $2 million market valuation GMPR has just 133,970,018 shares outstanding out of 275 million authorized with a tiny float of 74,221,333 shares. GMPR is an exciting story developing in small caps, with recent highs of $0.148 the Company is virtually debt free with just $45k in liabilities. Already doing solid revenues the Company is making big moves recently reporting on twitter: there is news coming out next week; Black Rock deal; Military & our Pizza Fusion frozen pizzas; CFO & Audits for NASDAQ; Salsa into new distributor; New #CousinTs products; new website; food show, great things happening, slow & steady as we build this great food company. $GMPR” We will be updating on GMPR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GMPR.

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

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