LAS VEGAS, NEVADA and BARTLETT, TN, Oct. 27, 2022 (GLOBE NEWSWIRE) — GPO Plus, Inc. (OTCQB: GPOX), a distribution company focused on independent and regional retailers with an ever growing product catalog, that uses the facility of Group Purchasing to save businesses money, announced getting into a Master Services Agreement with SurgePays, Inc. (NASDAQ: SURG), a technology and telecommunications company focused on the underbanked and underserved.
GPOX and SurgePays have executed a Master Services Agreement for GPOX to bring more stores onto the SurgePays Network, utilizing the SurgePays POS System. As well as, GPOX will sell SurgePays products to its retailers, including the Surge Wireless ACP Broadband program. GPOX will even place their proprietary products onto the SurgePays Platform reaching over 8,000 retail partners.
The scope of the Master Services Agreement includes:
- Appointment of GPOX as a Master Independent Sales Organization (ISO) to supply the SurgePays POS System to their member merchants. This may include providing retailers with cellular top-up capabilities in addition to the complete suite of SurgePays fintech services. GPOX will even be authorized to sell the Surge Wireless ACP Broadband program through its multiple distribution channels.
- Approval as a preferred merchant in a Master Sellers Agreement to supply GPOX products on the SurgePays Marketplace. GPOX will initially offer their proprietary CBD health and wellness products through DISTRO+, GPOX’ distribution division, including the complete line of Nutriumph Supplements, in addition to Tech Armor Cellular Accessories.
Brett H. Pojunis, CEO of GPOX said “SURG is a tremendous complimentary fit for GPOX. I’m a giant fan of their business model and the opportunities that exist for each of our firms. The Surge Marketplace is unbelievable because it simplifies how retailers make their purchases, provides unique financial products like their cellular top-up and ACP Broadband programs, which not only create additional revenue streams for GPOX, but additionally alleviate pains for consumers. While we proceed to explore additional ways we are able to monetize one another’s network, we increase our purchasing power that can save our customers money and pass those savings to the consumers who desperately need it today!
Brian Cox, CEO of SURG said, “I’m really enthusiastic about working with GPOX to expand the variety of stores transacting on the SurgePays network. I’m especially looking forward to the revenue potential each firms can realize through this collaboration. We service the identical market with similar pondering and leadership teams focused on expanding their company aggressively through sales. By putting together a set of highly wanted products that are also profitable to the shop owner, I believe GPOX has built a solid foundation to support scalable hyper-growth and I’m glad to be a component of it.”
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About SurgePays, Inc.
SurgePays, Inc. is a technology and telecommunications company focused on the underbanked and underserved communities. SurgePhone Wireless provides mobile broadband to low-income consumers nationwide. SurgePays blockchain fintech platform utilizes a set of economic and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. Please visit SurgePays.com for more information.
We help retailers lower your expenses + simplify purchasing!
DISTRO+ is a Group Purchasing Organization (GPO) + distributor of premium products for the emerging specialty retailer sector and wholesalers. DISTRO+ proudly represents best-in-class brands specializing in nutraceuticals, hemp derived products including flower, prerolls, gummies, sublingual strips and more utilizing the newest compounds and ingredients corresponding to HHC, Farm Bill Compliant Delta 8 and Delta 10, THC-O, THC-P, and Kratom. All of that is backed by a strong technology portal that provides our small and medium sized partners (we call them “Members”) the IT backbone to administer logistics, inventory, payments while shopping from real time product catalogs and inventory. Through the facility of Group Purchasing, DISTRO+ offers its network competitive pricing with low MOQs that realize similar discounts as major retailers with large buying power. Visit DISTRO.Plus for more information.
About GPOPlus+ (GPOX)
Headquartered in Las Vegas, Nevada, GPOPlus+ (OTCQB: GPOX) is a distribution company focused on independent and regional retailers with an ever growing product catalog, that uses the facility of Group Purchasing to save businesses money, our Mission is to create value for our GPOX Members, partners, suppliers, and shareholders.
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.
Details about Forward-Looking Statements
This press release incorporates “forward-looking statements” that include statements regarding expected financial performance and growth information regarding 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 mustn’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. Vital aspects that would cause these differences include, but are usually not limited to; inability to realize or maintain licenses, reliance on unaudited statements, the Company’s need for extra 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 apart from statements of historical fact are statements that may very well be forward-looking statements. You possibly can typically discover these forward-looking statements through use of words corresponding to “may,” “will,” “can” “anticipate,” “assume,” “should,” “indicate,” “would,” “imagine,” “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. Nonetheless, there isn’t a 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 regarding its proposed operations, including the chance 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 may not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether because of this of latest information, future events or otherwise. For a more detailed description of the chance aspects and uncertainties affecting GPO Plus, Inc. GPOX, please consult 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 because of this of latest information, future events, or otherwise.
Jeremy Gies, President SurgePays Fintech
Joseph Jaconi, President
GPOX Shareholder Success Team+ Investor Relation Contacts:
Brett H. Pojunis, CEO
Shareholder’s Line: 855.935.GPOX (4769)