$GMPR has all the elements to deliver higher share
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GMPR Announces They Have Officially Lowered Their Authorized Shares from 3 Billion to 275 Million Making Them More Shareholder-Friendly and Growth-Inducing
Pittsburgh, Pennsylvania--(Newsfile Corp. - April 15, 2021) - Gourmet Provisions International Corporation (OTC Pink: GMPR), a growing and diversified food line company, today made the exciting announcement that they have officially lowered the Authorized Common Shares from 3 Billion to 275 Million. This innovative company in the food tech industry, who is expanding with multiple acquisitions and partnerships, filed the corporate action with the State of Delaware on Monday, February the 1st, received the file-stamped document from Delaware and filed the substantial lowering of authorized shares with Pacific Stock Transfer shortly thereafter.
GMPR is happy to announce that all of the final steps for the lowered authorized have been completed and have been confirmed by Pacific Stock Transfer. GMPR expects the Over The Counter (OTC) Market to reflect the lowered authorized shares in the upcoming days.
Gourmet Provisions International Corporation is a leader in the food tech industry with a unique vision which has driven their innovative and creative structuring. Lowering their authorized shares will make them more shareholder-friendly and will help to create the growth to further this unique vision. Through targeted partnerships and acquisitions, they will continue to grow, having a more significant impact on the food tech industry.
James Vowler, President and CEO of Gourmet Provisions International Corp. stated, "We are very excited to lower the authorized shares to a much more shareholder-friendly and growth-inducing share structure. We are restructuring and positioning the company and expect to make some huge news this year, including signed lock-up agreements from our current noteholders."