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Friday, December 2, 2022

GPO Plus Inc (OTCMKTS: GPOX) Moving Up Steadily After Co Announces DISTRO+ First Distribution Center Opening in Monroe, Michigan

GPO Plus Inc (OTCMKTS: GPOX) has been on the move in recent days rocketing up from under a quarter to recent highs over $1. After a brief dip last week, the stock is coming back strong closing at $0.80 on Friday on 137,000 shares traded. The stock was up on Friday after the Company announced DISTRO+, GPOX’s distribution division and GPO for specialty retailers, announced the launch of its first DISTRO+ distribution center located in Monroe, Michigan. This DISTRO+ facility will serve as a warehouse and central distribution center for all brands distributed by the Company. The center is strategically located to service Michigan and parts of Ohio and Indiana as well as the ability to dropship to surrounding areas.

GPOX also announced in recent days they entered into a 6-month marketing and consulting contract with Toronto-based marketing firm, North Equities Corp. a Company specializing in various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the Company’s news.  DISTRO+, GPOX’s distribution division and GPO for specialty retailers, was recently appointed as a preferred distributor of CaliGold Distro enabling GPOX rights to sell and distribute all CaliGold Distro products with preferred vendor pricing and availability. In addition, the Company reported the hire of Jason Person as the distribution center operator and Territory Manager to manage our growth and to continue to build out the DISTRO+ team in the Midwest.  

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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 Group Purchasing Organization (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. GPO Plus develops industry specific GPOs that leverage the aggregated purchasing power of its members. GPO Plus 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. 

GPO Plus subsidiary 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. 

GPOX’s distribution division and GPO for specialty retailers is DISTRO+ 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. Visit DISTRO.Plus for more information. 

GPOX Profile - Insider FinancialEarlier 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. 

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The Company has been busy in recent days; they entered into a 6-month marketing and consulting contract with Toronto-based marketing firm, North Equities Corp. a Company specializing in various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the Company’s news.  

DISTRO+, GPOX’s distribution division and GPO for specialty retailers, was recently appointed as a preferred distributor of CaliGold Distro enabling GPOX rights to sell and distribute all CaliGold Distro products with preferred vendor pricing and availability. This is the second significant distribution agreement GPOX has entered into after announcing DISTRO+. Additionally, this is the GPOX’s second major achievement in its growth strategy further expanding its footprint in the kratom and infused hemp sectors. CaliGold Distro is a leading licensed manufacturer of infused hemp and Kratom products. Creators of the Flayvorz and Delta8Rolls.com brands, CaliGold Distro prides itself on delivering high-quality, fully compliant, and consistent products with transparent pricing.  

On October 6 DISTRO+, GPOX’s distribution division and GPO for specialty retailers, announced the launch of its first DISTRO+ distribution center located in Monroe, Michigan. This DISTRO+ facility will serve as a warehouse and central distribution center for all brands distributed by the Company. The center is strategically located to service Michigan and parts of Ohio and Indiana as well as the ability to dropship to surrounding areas. 

In addition, the Company reported the hire of Jason Person as the distribution center operator and Territory Manager to manage our growth and to continue to build out the DISTRO+ team in the Midwest. 

Joseph Jaconi, President of DISTRO stated: “Our goal is to create best in class distribution operations for specialty retail including C-Stores, CBD Shops, Smokeshops and Pharmacies. That begins with our ability to service and support our DISTRO+ members and customers, the key to that ethos is our ability to quickly deliver and process our member’s orders. The Michigan facility expands our footprint, shortens delivery times and offers local service and support.” 

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Currently trading at a $26 million market valuation GPOX made a big move northbound in recent weeks rocketing up over $1 from well under $0.25 per share. After a brief dip last week, the stock is coming back strong closing at $0.80 on Friday on 137,000 shares traded. The stock was up on Friday after the Company announced DISTRO+, GPOX’s distribution division and GPO for specialty retailers, announced the launch of its first DISTRO+ distribution center located in Monroe, Michigan. This DISTRO+ facility will serve as a warehouse and central distribution center for all brands distributed by the Company. The center is strategically located to service Michigan and parts of Ohio and Indiana as well as the ability to dropship to surrounding areas. GPOX OS is 32,420,382 shares with a float of 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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