Gepco, Ltd. Announces Appointment of a New Director
Business Wire - Mon Aug 18, 8:30AM CDT
Gepco, Ltd. (OTCQB: GEPC), announced today that the company has appointed Emilio D. Bacardi to its Board of Directors. Emilio D. Bacardi is currently a Managing Partner of Beverly Wilshire Group Inc., a position which commenced in April 2014. From 1996-2004 Mr. Bacardi served as a Mergers and Acquisitions Director for Lehman Brothers in New York, NY where he acquired extensive experience in mergers and acquisitions as well as fundraising. From 2004-2010 Mr. Bacardi was a Junior Partner at Provident Group in New York, and in such capacity, he was a mergers and acquisitions specialist. From 2010-2014 Mr. Bacardi worked as an independent consultant for various commercial concerns to which he brought his resources and contacts to assist those businesses in doing business in Puerto Rico. Through his connections, he was able to assist his clients in working with governmental agencies in Puerto Rico and also privately to transition those clients to owning and running successful operations, both at the parent and subsidiary level, in Puerto Rico. While he worked with businesses in various fields, he focused primarily on the wind energy sector. Throughout his career he has raised millions of dollars for alternative energy, technology, retail, consumer products, hospitality & entertainment projects as well as funding both private and public companies. His presence within the non-profit world is well known as he regularly participates in fundraising for and organizing events. Mr. Bacardi has a BA degree in Economics from the United States Naval Academy.
Gepco, Ltd. Announces Changes to its Board of Directors and Retention of Advisory Firm as it Prepares to Execute its Luxury Goods Roll-up Strategy
Business Wire - Tue Aug 12, 3:59PM CDT
Gepco, Ltd. (OTCQB: GEPC), announced today that the company has accepted the resignations of three of its board members, Larry Zielke, Ron Loshin and Nic Marlin, as it prepares to initiate a luxury goods roll-up plan. "We are so grateful for the hard work and tireless effort that Larry, Ron and Nic made in forming Gepco and the GemVest division," said Peter Voutsas, Chief Executive Officer. Mr. Voutsas also extended his great appreciation for the departing board members and other shareholders that agreed to return in excess of 100 million shares of the Company's common stock to treasury. "Their contributions formed a strong base for our initial strategy, and subsequently the board members will be focused on building upon the luxury retail brand that is Peter Marco of Beverly Hills," he added.
Gepco, Ltd. Announces Results for Its First Quarter of Diamond Sales
Business Wire - Wed Apr 02, 8:01AM CDT
Gepco, Ltd. (GEPC), announced today that its GemVest subsidiary has generated $605,000 in diamond sales in its first quarter of operations. Sales efforts began on March 17th, which means the company generated these figures in only 14 days of activity. GemVest's net profits were approximately $65,400, or 10.8% of revenues. The 10.8% net profits compare favorably to the industry average of 7.6% as reported by Yahoo Finance: http://biz.yahoo.com/p/742conameu.html
Gepco, Ltd. Announces First Sale by GemVest, Ltd.
Business Wire - Wed Mar 19, 8:01AM CDT
Gepco, Ltd. (OTCQB: GEPC) announced today that its subsidiary, GemVest, Ltd., has made its first sale of an investment-grade diamond.
Gepco, Ltd. Announces New Diamond Acquisition by GemVest, Ltd.
Business Wire - Thu Jan 23, 2:48PM CST
Gepco, Ltd. (OTCQB: GEPC) announced today that its subsidiary, GemVest, Ltd., has purchased a new investment grade diamond.
Gepco, Ltd. Announces the Acquisition of GemVest, Ltd.
Business Wire - Tue Dec 10, 12:57PM CST
Gepco, Ltd. (OTCQB: GEPC) announced today that it has consummated the acquisition of GemVest, Ltd., a Nevada corporation. On October 15, 2013, Gepco, Ltd. (the "Company"