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Posted On: 05/26/2021 11:31:45 AM
Post# of 63828
$GMPR: Gourmet Provisions International Corp. Inks $675,000 Deal; a Second Near-Term Celebrity-Partnered Milestone Could Be Transformative
Miami Beach, Florida--(Newsfile Corp. - May 13, 2021) - As the markets start their return to normalcy from more than 18 months of pandemic-related shutdowns, sector analysts suggest that companies in the food and beverage sector may be the recipient of a sharp snap-back rally. Such speculation makes sense, with hospitality stocks across the board possibly offering more inherent value from beaten down prices. The good news is that some companies are positioned to recover faster than others. Gourmet Provisions International Corp (OTC Pink: GMPR) could be one of them. And with several deals, including a Pizza Fusion deal worth an estimated $675,000 in the coming weeks, their recovery could come sooner rather than later.
Like its peers, GMPR shares are battling a touch micro-cap market and are trading at roughly the mid-point from its 52-week highs. But, several catalysts could change the trajectory, including the launch of a celebrity-partnered pancake and syrup product, an expansion of its subsidiary company ownership, and enhancing a licensing agreement with Christopher Street Products. Driving the growth is a leadership team that has proven their ability to make potentially transformative acquisitions and at the same time diversify its product and asset portfolio to strengthen and de-risk its long-term strategic plan.
Gourmet Provisions has come a long way in a short period of time, evolving from a three-store pizza business to a company with multiple shots at revenue-generating goals through four wholly-owned subsidiaries. And with GMPR taking steps to position itself to capitalize on a strengthening economy, management expects to leverage its strengths in its bid to emerge the market slumber stronger than ever.
Read more here:
https://news.yahoo.com/gourmet-provisions-int...00434.html
Miami Beach, Florida--(Newsfile Corp. - May 13, 2021) - As the markets start their return to normalcy from more than 18 months of pandemic-related shutdowns, sector analysts suggest that companies in the food and beverage sector may be the recipient of a sharp snap-back rally. Such speculation makes sense, with hospitality stocks across the board possibly offering more inherent value from beaten down prices. The good news is that some companies are positioned to recover faster than others. Gourmet Provisions International Corp (OTC Pink: GMPR) could be one of them. And with several deals, including a Pizza Fusion deal worth an estimated $675,000 in the coming weeks, their recovery could come sooner rather than later.
Like its peers, GMPR shares are battling a touch micro-cap market and are trading at roughly the mid-point from its 52-week highs. But, several catalysts could change the trajectory, including the launch of a celebrity-partnered pancake and syrup product, an expansion of its subsidiary company ownership, and enhancing a licensing agreement with Christopher Street Products. Driving the growth is a leadership team that has proven their ability to make potentially transformative acquisitions and at the same time diversify its product and asset portfolio to strengthen and de-risk its long-term strategic plan.
Gourmet Provisions has come a long way in a short period of time, evolving from a three-store pizza business to a company with multiple shots at revenue-generating goals through four wholly-owned subsidiaries. And with GMPR taking steps to position itself to capitalize on a strengthening economy, management expects to leverage its strengths in its bid to emerge the market slumber stronger than ever.
Read more here:
https://news.yahoo.com/gourmet-provisions-int...00434.html
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