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Sunday, November 27, 2022

GPO Plus Inc (OTCMKTS: GPOX) Breaking Out Northbound (HealthGPO, cbdGPO. DISTRO+, and Nutriumph® Update)

GPO Plus Inc (OTCMKTS: GPOX) made a big move northbound today rocketing up to $1 from well under $0.20 and closing over $0.50 per share. GPOX has runner in its blood running to highs of $4.50 per share in late 2020. Currently trading at an $8.8 million market valuation GPOX OS is 32,420,382 shares with a float of just 5,858,316 shares. 

The Company recently brought on Joseph Jaconi as President of DISTRO+, GPOX’s distribution division and GPO for specialty retailers. With over 25 years of experience in Consumer-Packaged Goods, Joseph Jaconi has extensive business development and management experience with an emphasis on international development and expansion. Mr. Jaconi Co-Founded Tech Armor in 2012, disrupting the brick-and-mortar accessory business creating the #1 Selling D2C (direct to consumer) screen protector brand with over 25 million units sold globally in over 40 countries. Tech Armor’s key partnerships include Amazon, eBay, and WalMart.com. 

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GPO Plus Inc (OTCMKTS: GPOX) identifies underserved markets, segments and industries where there is little to no competition and develops specific GPOs around them. In addition, unlike major GPOs, GPO Plus has low MOQ’s (minimum order quantities) which enable small and mid-sized companies to participate with larger corporations. The Company communicates with its members to determine their needs to ensure GPO Plus provides relevant products and services, sustainable low prices and cost structures, increased efficiencies, and attentive customer service. 

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. The Company’s target members are in and around the healthcare industry that include hospitals, medical practice groups, laboratories, and professional physicians as well as entities not directly related to healthcare such as general businesses and governmental agencies. HealthGPO  intends to save its members money by aggregating purchases, negotiating with vendors, and sharing discounts. The Company aims to save its members time and alleviate headaches by streamlining orders and offering integrated solutions leading to considerable supply chain efficiencies. 

Earlier this year GPOX announced the signing of an asset purchase agreement to acquire Nutriumph® Supplements including its flagship product HERBERALL® from Orev, LLC, a Nevada limited liability company. Nutriumph® developed a strong direct-to-consumer (DTC) online sales infrastructure including optimized and seasoned seller accounts on Amazon, Walmart Marketplace, Etsy, and eBay as well as their primary websites Nutriumph.com and HERBERALL.com. The Nutriumph® product line will be featured as part of the portfolio of consumer packaged goods for the Phase One Launch of DISTRO+, GPOX’s distribution division, and GPO for specialty retailers and wholesalers. 

On September 21 GPOX announced Joseph Jaconi has been appointed President of DISTRO+, GPOX’s distribution division and GPO for specialty retailers. With over 25 years of experience in Consumer Packaged Goods, Joseph Jaconi has extensive business development and management experience with an emphasis on international development and expansion. Mr. Jaconi Co-Founded Tech Armor in 2012, disrupting the brick and mortar accessory business creating the #1 Selling D2C (direct to consumer) screen protector brand with over 25 million units sold globally in over 40 countries. Tech Armor’s key partnerships include Amazon, eBay, and WalMart.com. 

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Mr. Jaconi developed multiple consumer brands in the hemp-derived CBD industries and licensed brands which includes the John Daly Collection, Slightly Stoopid and Rob Van Dam. He brings with him additional distribution relationships and independent sales organizations that will immediately impact revenues and profitability for the Company. 

Mr. Jaconi began his career working for the University of Southern California in Madrid, Spain before moving to Mexico City to work for the U.S. Embassy. Mr. Jaconi then entered the world of commerce joining the Singer Sewing Company and managing their small electronics and appliance business unit before leaving to join Belkin International, Inc. in 1996. Belkin is an American consumer electronics and networking company that produces mobile and computer connectivity devices and peripherals for consumer and commercial use; well known for its iPhone and Apple accessories. Mr. Jaconi developed and managed all product categories launching 1,000’s of retail skus into WalMart, Staples, Office Depot and Best Buy before joining their Business Development Team’s international and e-commerce efforts. Mr. Jaconi has degrees in International Relations and in Spanish from the University of Southern California, studied in Madrid, Spain and has taken additional coursework at UCLA. 

As President of DISTRO+. Mr. Jaconi will manage all day-to-day operations; scale distribution and create additional sales channels; increase product offerings; and recruit, train, and manage a national sales team. Additionally, he will lead general business development, enhance operational efficiencies, and identify potential acquisition targets to execute on DISTRO+’s acquisitive growth strategy. He will continue executing on the initial goals of DISTRO+’s Phase One Launch which are 1.) entering into distribution agreements with brands/products, 2.) sign up wholesalers and retailers, and 3.) identify distributors we can acquire. 

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Currently trading at a $8.8 million market valuation GPOX made a big move northbound today rocketing up to $1 from well under $0.20 and closing over $0.50 per share. GPOX has runner in its blood running to highs of $4.50 per share in late 2020. GPOX OS is 32,420,382 shares with a float of just 5,858,316 shares. We will be updating on GPOX on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with GPOX.

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

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