Imminent Acquisition of Multi-Million Dollar Annual Revenue, Black Rock Bar & Grills, and Other High Value Projects with Planned NASDAQ Update: (Ticker: GMPR)
Gourmet Provisions International Corp.
- Established subsidiaries offering specialty pizzas and trendy food products.
- Pending the acquisition of multi-million dollar annual revenue Black Rock Bar & Grill Operations.
- Up-listing planned on the NASDAQ stock exchange.
- Agreement to feed US military troops in Kuwait.
- Partnership with comedian Terrence K. Williams for Gourmet Pancake Mix Under Custom Brand Cousin T’s.
- 50/50 deal with $16 million annual Pittsburgh-based candy company.
- Partnered with a world renowned cosmetics manufacturer to produce an exclusive line of premium lipsticks.
Gourmet Provisions International Corp. (OTC: GMPR) GMPR has five wholly owned subsidiaries; Jose Madrid Salsa, Pizza Fusion, Unique Tap House, Unique Foods CBD Edibles & PopsyCakes and has a license agreement with Christopher Street Products.
July 8e GMPR announced an update from its Chairman and CEO James C. Vowler. Which included the following information.
GMPR finalized pre-audits, audited financials with M&K CPAS, PLLC to complete financials required for NASDAQ listing, hire a full-time CFO; Acquisition of Black Rock Bar & Grill; Pizza Fusion agreement with the US military; Cousin T’s expansion into retail and new product introductions; Jose Madrid Salsa at food retailer McAneny Foods; PopsyCakes has partnered with a $16 million chocolate company in Pittsburgh.
Audits – GMPR engaged the services of Rick Weiner to finalize the pre-audits, complete the necessary financials and potentially become a full-time CFO.
Delays in pre-audits were the result of two factors: Black Rock was supposed to provide GMPR with their financial statements no later than October 1, 2021. GMPR received the financial statements at the end of January 2022; Second award factor for completion of pre-audits, after a partial review of Jose Madrid Salsa’s financial statements, the previously engaged pre-auditor determined that they needed to be rebuilt and their proposed six-figure fee was higher at the cost of an annual salary of a full-time CFO. The solution, GMPR received Black Rock’s complete financial statements and supporting documents and engaged Mr. Weiner to perform the necessary due diligence in a timely manner.
Black Rock Bar & Grill – GMPR has signed a letter of intent to purchase multiple Black Rock Bar & Grill locations and is currently reviewing and finalizing non-toxic, non-dilutive financing to complete the Black Rock deal. GMPR is doing due diligence and expects to close 3 locations in Florida and master franchise rights for the states of Georgia and Pennsylvania this quarter. GMPR had the financing in place to close the deal with Black Rock in Q4 2021, delays in receiving Black Rock’s financial statements and a market downturn prompted the company to seek other sources of funding.
Visit the Black Rock Bar & Grill website at: https://www.blackrockrestaurants.com/
Pizza Fusion – GMPR acquired the multi-award-winning Pizza Fusion brand, with existing locations in the United States and Saudi Arabia, in 2019. Pizza Fusion changed the pizza industry with its award-winning delicious healthy organic and gluten-free pizzas, putting emphasis on each product and location by living up to the motto “Saving the Earth one pizza at a time!” and now sells its Gourmet gluten-free frozen pizzas in more than 150 grocery stores, in 5 different states, through two food distributors Gia Russa & McAneny Brothers.
In March GMPR was one of 22 companies invited to the DeCA Arm Forces Food Service Military Show in Petersburg, VA. In April GMPR was invited to cook samples of his Pizza Fusion Founders Pie at Fort Jackson, South Carolina for the US General Commanding Troops in Kuwait and his team. In June, the US military requested GMPR shrink wrap and overnight the last samples of his Pizza Fusion Founders Pie at a military base in New Jersey, where the frozen pizzas were loaded onto a US military ship bound for Kuwait. GMPR was approved to feed 36,000 U.S. troops based in Kuwait.
About Cousin T’s – GMPR signed a distribution partnership with comedian Terrence K. Williams and launched its Gourmet line of pancake mix under the Williams Cousin T’s brand. GMPR has spent the past year working with Williams to develop a custom line of gourmet pancake mix and maple syrup as well as the essential retail distribution network.
Visit the Cousin T website at: http://www.CousinTs.com
Jose Madrid Salsa “The Healthy Fundraiser” continued to dominate in the fundraising category, expanded its offices and production facilities in Ohio, recently purchased a custom delivery vehicle, and will expand to many outlets in United States and Canada. Pennsylvania-based food distributor McAneny Brothers, Inc. will begin shipping and distributing 10 salsas from Jose Madrid “The Healthy Fundraiser” (a wholly-owned subsidiary of GMPR). McAneny Brothers is a full-service convenience and grocery distributor, offering online ordering and next-day delivery throughout Pennsylvania, Ohio, Maryland, West Virginia and New York to more than 1,300 customers Retail.
GMPR Wholly owned subsidiary Jose Madrid Salsa currently has its 28 gourmet Salas in over 100 grocery, convenience and liquor stores throughout Ohio. JMS began selling its gourmet salsas in 1993 and quickly established the brand as the premier national salsa fundraiser.
PopsyCakes – GMPR signed a 50/50 partnership agreement with a $16 million annual Pittsburgh-based candy company that can handle nationwide production and distribution.
St Christopher’s Products – GMPR partners with a world renowned cosmetics manufacturer to produce an exclusive line of premium lipsticks.
For more information on Gourmet Provisions International Corp. (GMPR) visit these websites:
Jose Madrid Salsa: http://www.JoseMadridSalsa.com
Christopher Street products: https//ww.i09321.wixsite.com/christopherstreetnyc
DISCLAIMER: This article is for informational purposes only and does not constitute a recommendation to buy or sell stocks.
Company Name: GOURMET PROVISIONS INTERNATIONAL CORPORATION
Contact person: Media Relations
E-mail: Send an email
Address:Main Executive Offices: 8 Westmoreland Rd
State: PA 15085
Country: United States