$GMPR News: Gourmet Provisions International Corp. (GMPR)

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams
109
$GMPR News: Gourmet Provisions International Corp. (GMPR) Signs LOI to Purchase Gourmet Gelato Manufacturer

Pittsburgh, Pennsylvania--(Newsfile Corp. - June 1, 2021) - Gourmet Provisions International Corporation (OTC Pink: GMPR) today announced they have signed a Letter of Intent to purchase controlling interest in a Florida-based gelato manufacturer. This is one of several strategic acquisitions to expand GMPR's impact on the Food Tech industry.

According to the non-binding LOI, GMPR would buy 51% of the gelato manufacturing company along with all of the assets, debts, service contracts, revenues, and trademarks. The company being purchased has over 60 years of history of manufacturing 50 plus unique flavors under its own brand and co-packing custom flavors for many well-known restaurants, grocery stores and private clubs throughout the US.

James Vowler President & CEO of Gourmet Provisions International Corp. stated, "We are very excited about the opportunity to partner with a great company such as this. It will be an honor to work with them to help build their manufacturing business into a worldwide-recognized and revered brand. With our retail connections and cash infusion, along with their great team and successful history, we believe with we can take their already multimillion dollar business and grow it exponentially over the next few years."

About Gourmet Provisions International Corporation:

Gourmet Provisions International Corp. began with several pizza shops and has expanded and diversified through targeted acquisitions and partnerships to include other diversified food lines. In October of 2017, they brought on Jack Brewer, Brewer Media & Entertainment Group, as GMPR's Brand Ambassador. Brewer Media Group was brought on to help build all aspects of the many Gourmet brands, with a primary focus on increasing GMPR's online and retail sales while enhancing their social media presence and overall content, creating public persona and awareness, pursuing acquisition opportunities and much more. The company currently has four wholly owned subsidiaries: Jose Madrid Salsa, Pizza Fusion, Unique Tap House, PopsyCakes and has a licensing agreement with Christopher Street Products.

GMPR Associated Website/Social Media Sites:
Gourmet Provisions International Corp:
http://www.GourmetProvisionsInternational.com
Twitter: @GourmetProvInt
Instagram: instagram.com/gourmet_provisions_int

Safe Harbor Act: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. There are no financials in this press release, so this is not needed and undermines the release.

For Gourmet Provisions International Corp. Investor Relations contact: InvestorInformation@UniqueFoods.Co

https://orders.newsfilecorp.com/files/7927/86...0_logo.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86010

SOURCE Gourmet Provisions International Corporation

https://www.newsfilecorp.com/newsinfo/86010/130
Scroll down for more posts ▼

Top 10 Most Recent News Articles

BMO's Strategic Exit: Transportation Finance Sale

Updated Category News Views 50

A Major Shift in BMO’s Strategic Direction When it comes to banking, BMO ain't playing small ball. They've just doubled down on their decision to part ways with their Transportation Finance and Vendor Finance operations, selling off a hefty part of these portfolios to Stonepeak. Now, that might sound like a mouthful, but hang tight, the nitty-gritty's where it gets...

Continue Reading
Bambusa Therapeutics: IPO Priced At $16, Shares On Nasdaq

Updated Category News Views 70

How Does Bambusa Therapeutics Stack Up? Well, here we go again in the biotech bonanza, folks. Bambusa Therapeutics is stepping onto the stage with their shiny new upsized IPO, offering a whopping 10,555,555 shares at sixteen bucks a pop. That's real money, coming in at $168,888,880 in gross proceeds if everything goes according to plan. Seems like a hefty sum, but in this...

Continue Reading
Farrin Firm Stands Out Again in Triangle's Fast 50

Updated Category News Views 50

Law Offices of James Scott Farrin in the Spotlight Another triumph for the Law Offices of James Scott Farrin. Not a newbie to recognition, this marks the third time in a row they've landed on the 'Triangle Business Journal's' esteemed 'Fast 50' list. They're the sole law firm among the Triangle's 50 fastest-growing private companies, making waves in a sea usually...

Continue Reading
Sohu.com Poised for Q3 2026 Earnings Report Soon

Updated Category News Views 59

Sohu.com Gears Up for Third Quarter Earnings Reveal Sohu.com Limited, the old guard of China's digital media scene, is gearing up to spill the beans on their third quarter 2026 financial results. Set to land on our desk on November 9 before U.S. markets get a whiff of morning coffee, this report might have a few tricks or tremors hiding in its pages. Conference Call to...

Continue Reading
Jay Group Expands to Houston with New Fulfillment Hub

Updated Category News Views 67

Jay Group's Bold Move in the Logistics Arena In a no-holds-barred expansion, Jay Group's got themselves a brand new sprawling 250,000-square-foot fulfillment hub deep in the heart of Houston. Now, folks, this isn’t just another warehouse. We're talking a 3PL powerhouse that allows coast-to-coast delivery, hitting 90% of U.S. consumers in just a couple of days. If you're...

Continue Reading
wagamama Spruces Up U.S. Market with mamago Launch

Updated Category News Views 70

What's Cooking at wagamama with mamago? Here comes wagamama, striding into the American dining scene with that familiar bold Pan-Asian flair, now offering more than just a seat at their tables. The fresh move to a direct-to-door model dubbed ‘mamago’ ushers in an era where their signature dishes don't just seduce your taste buds at their restaurants. Nope, they are...

Continue Reading
Life Time's Q3 2026 Results Highlight Solid Growth

Updated Category News Views 49

Life Time Rolls On With Strong Q3 Performance Sometimes the market hands you pure gold, and that's what Life Time (NYSE: LTH) has right now. They didn't just have a decent quarter; they outright nailed it with a $893.5 million total revenue haul—a hefty 14.2% rise from the prior year. What's driving this ship? Solid growth in membership dues and dynamic personal...

Continue Reading
SCI Faces Investigation After Earnings Downgrade

Updated Category News Views 23

SCI's Rough Ride: Investors Brace for Impact There's nothing like waking up to find the stock you were banking on took a nosedive while you were dreaming of dividends. Service Corporation International (NYSE: SCI) sure gave shareholders more of a nightmare than a dream, slashing its earnings forecast for 2026 and watching its stock crumble by about 11.6% on October 29....

Continue Reading
MUFG Debuts VAM for Streamlined Treasury Ops

Updated Category News Views 47

MUFG's Bold Move into Digital Liquidity Alright, let's dive into MUFG's latest shake-up, and boy, it's no small fry. This Japanese financial giant's got its eyes set on transforming how businesses handle their cash with what they're calling Virtual Account Management, or VAM - a fancy name for a digital liquidity tool that's looking to cut the clutter of multiple bank...

Continue Reading
Modular Building Boom Shakes Up Asian Construction

Updated Category News Views 45

Building the Future, One Module at a Time What's ticking in the world of construction? Modular buildings, my friends. They're generating buzz at the Fourth Linyi Mall International Buyers Conference held last week, and for good reasons. If you're not following, China is rolling out prefabricated houses like they're the next big thing since sliced bread, leaving buyers in...

Continue Reading

Top 5 Most Recently Viewed Articles

Pikangikum First Nation Unveils Their Inspiring Elders' Complex

Updated Category News Views 532

Celebrating the New Knowledge Keepers Elders' Complex Everyone deserves comfort and access to essential healthcare services close to home, and the opening of the Knowledge Keepers Elders' Complex symbolizes just that for the Pikangikum First Nation. By collaborating with Indigenous Services Canada and various partners, this community is committed to ensuring that their...

Continue Reading
Bath Haus Unveils Innovative Filtered Tub Spout for Wellness

Updated Category News Views 187

Introducing the Filtered Tub Spout by Bath Haus Bath Haus has just unveiled its innovative Filtered Tub Spout, a groundbreaking product that promises to transform bath time for enthusiasts all around. This smart design directly tackles the persistent issue of contaminants in bathwater, offering a solution that’s both practical and vital. A Healthier Bathing Experience...

Continue Reading
iRobot's 2024 Financial Results: Insights and Future Growth

Updated Category News Views 258

iRobot's Preliminary Financial Results for 2024 iRobot Corp. (NASDAQ: IRBT), a prominent player in the consumer robotics sector, has announced its preliminary financial results for the fourth quarter of the fiscal year. Despite facing challenges, the company showcased resilience and strategic planning to foster future growth. Overview of Financial Performance According to...

Continue Reading
Transformative Journey: City Lights Home Buyers Assists Family

Updated Category News Views 211

Overcoming Probate Challenges with City Lights Home Buyers Every homeowner faces moments of challenge, but for one Muskegon resident, these hurdles felt insurmountable. Secrest found herself overwhelmed, living in a property tied up in the probate process. Faced with a distressed home she couldn't maintain, she reached out for help—and that’s when City Lights Home...

Continue Reading
Valitor Welcomes Gregory Kunst as New CEO to Lead Growth

Updated Category News Views 277

Valitor Appoints New Chief Executive Officer Gregory D. Kunst In a significant move for the biotechnology field, Valitor has appointed Gregory D. Kunst as its new chief executive officer. Valitor, a pioneering company focused on creating innovative ophthalmic medicines, looks forward to leveraging Kunst's extensive experience in the industry to drive growth and...

Continue Reading