LAS VEGAS, NV , Oct. 24, 2022 (GLOBE NEWSWIRE) — GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified Group Purchasing Organizations (GPOs) uses the facility of Group Purchasing to avoid wasting businesses money, announced that the lawsuit filed against them by a competitor is over.
The lawsuit filed against GPO Plus by a competitor, MNP Industries, LLC on August 5, 2020 in Hernando County, Florida is over. On June 29, 2022, a Summary Final Judgment was entered in favor of GPO Plus and against MNP Industries, LLC on its Amended Grievance. On July 18, 2022, MNP Industries, LLC filed an appeal of the Summary Final Judgment entered against it. While the appeal was pending, the parties within the lawsuit entered right into a settlement agreement and the lawsuit has been dismissed with prejudice.
About GPOPlus+ (GPOX)
Headquartered in Las Vegas, Nevada, GPOPlus+ (OTCQB: GPOX) is a publicly traded company of diversified industry-specific Group Purchasing Organizations (GPOs). Our Purpose is to create efficient GPOs and our Mission is to create value for our GPO Members, partners, and suppliers while creating long run shareholder value.
Our Mantra:
We Aggregate, Negotiate + Share!
- Aggregate – We aggregate the purchasing power of our Members.
- Negotiate – We leverage buying power to negotiate discounts.
- Share – We share the discounts with our Members and save them money.
For more information, please visit www.GPOPlus.com. To activate your free GPOX Investor Account at www.GPOPlus.com/ir.
Information About Forward-Looking Statements
This press release comprises “forward-looking statements” that include statements regarding expected financial performance and growth information referring to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other aspects, which could also be beyond the control of the Company and its officers and managers, and which can cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements shouldn’t be read as a guarantee of future performance or results and won’t necessarily be accurate indications of the times at, or by which, that performance or those results might be achieved. Forward-looking statements are based on information available on the time they’re made and/or management’s good faith belief as of that point with respect to future events and are subject to risks and uncertainties that would cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Essential aspects that would cause these differences include, but are usually not limited to; inability to achieve or maintain licenses, reliance on unaudited statements, the Company’s need for added funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks which might be detailed from time-to-time within the Company’s filings with the US Securities and Exchange Commission. All statements aside from statements of historical fact are statements that could possibly be forward-looking statements. You may typically discover these forward-looking statements through use of words similar to “may,” “will,” “can” “anticipate,” “assume,” “should,” “indicate,” “would,” “consider,” “contemplate,” “expect,” “seek,” “estimate,” “proceed,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “goal,” “potential,” and other similar words and expressions of the longer term. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. Nevertheless, there isn’t any assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the present views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions referring to its proposed operations, including the danger aspects set forth herein. Should a number of of those risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company’s actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of those risks, uncertainties and assumptions, any favorable forward-looking events discussed herein won’t be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether consequently of recent information, future events or otherwise. For a more detailed description of the danger aspects and uncertainties affecting GPO Plus, Inc. GPOX, please confer with the Company’s recent Securities and Exchange Commission filings, which can be found at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether consequently of recent information, future events, or otherwise.
Shareholder Success Team + Investor Relation Contacts:
Brett H. Pojunis, CEO
Email: ir@gpoplus.com
Shareholder’s Line: 855.935.GPOX (4769)
