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Checked out the update,
Check out the product descriptions in the online store
https://www.gourmetprovisionsinternational.com/store/
Check out the About Us page, and then click order now on any product!
Added stuff to my cart, and it has as the only pay option is to pay in cash upon delivery. Has anyone tried this yet?
And bets are not one this true or any deals will happen.
* This company has survived since 2006 by selling stock, and when they run out, they do a RS to get the bulk of it back, sell for a couple more years, and repeat the RS.
* Bet you can not find a single product they sell in any of the stores they are supposedly
* Stock trading at .01, to do the Black rock deal we need to be over 4.00 a share to even meet any requirements for NASDAQ. We are a Pink Sheets company who can never file unaudited financials close to on time! lol How can that possibly happen??? Who would ever really commit $4,000,000 to this company? They are a penny stock that survives selling stock.
Headed back up? Looks like it is struggling to not go down to triple zeros
400 for 1 min, 500 for 1 to be safe.
Then there will be a reason the deal won't go through, and Jim has pretty much all his stock back to resell for another year or two lol
Lot less work selling stock than running a real business! No employees needed!
So How are we going to get Uplisted to NASDAQ to make the Black Rock deal work?
That is what news is for here. Nothing they say ever is real or happens. Can anyone find any products in the 150 new stores stocking their products? Bet no one will ever find them. We are still 3.99 away from breaking 4.00 share price to uplist to NASDAQ for the Black Rock deal to happen! lol Once they run out of shares to sell, we will see a RS happen. Sure they will say it is part of getting stock to 4.00 a share to uplist. Doesn't matter cause every RS price goes back to this range, and they have most of their stock back to resell. Pretty genius on their part. Has worked since 2006! All anyone has to so is go back to any point in time on this forum and read... just look at different years... same promises, same dilution, same POS stock lol
Maybe Jim is doing a stock buy back to work toward 4.00 a share for the Uplisting to NASDAQ ! lol
Know what stores they are in and where? Be nice to get pics of the products on the shelves and in the freezer.
Have you seen any of the products actually in stores, on shelves or in the freezer section available for sale? Would be nice to have anyone in the area look in the stores they say the products are being sold and take some pics of the products and the stores! This would do way more to boost share price having pics of 100 stores with our products on shelves and pizza's in the freezer section.
Yea, we are on the Pink Sheets trading at .009 Pre determined NASDAQ Banker? lol An Investment Banker GMPR will be using to uplist to NASDAQ? Does anyone actually think this deal will go through?
Pretty sure this deal requires being uplisted onto NASDAQ and share price of over 4.00 How do you think this will happen? We are at .009 and listed on the Pink Sheets.
IMO, this is all talk, and never could or would happen.
Isn't the financing for the deal contingent on them getting uplisted to NASDAQ and needing stock price to be over 4.00 a share?
We are lucky to hold .01 share price. I cannot see how this will ever materialize as we have no money, lose money every quarter for the past 15 years, and trade on the Pink Sheets. Curious who would ever finance them with the frack record we have, our financial situation, and the fact we are trading at .01 on a good day!
Has anyone found any of their products actually in a store, on the shelves for sale? If so, where? Take any Pics?
Thanks
Yea well he is good at selling stock lol
This to me seems more like a LOI. How do you have an acquisition without having the means to pay for it? At this point they do not have the means to purchase it, and based on NASDAQ listing requirements they need to meet to get uplisted they can not possibly do it. Read the requirements I posted. We are a Pink Slip stock trading in the triples! .0097 !
How would they even pay the fees of 100k to 150k to uplist? They have no money!!
Anyone buying into this will be quite disappointed.
On another note, neither of us could find a single place any of their products are sold at... what does that tell you?
finalize the previously announced acquisition of 4 existing Black Rock Bar & Grill’s, a new location in Southfield Michigan and the master franchise rights for Georgia & Western Pennsylvania
Here are the NASDAQ Listing Requirements. What chance do you think a company that has never made a profit, stock trading at .0097, could ever Uplist to NASDAQ?
What Are the Listing Requirements for the NASDAQ?
By THE INVESTOPEDIA TEAM Updated January 08, 2022
Reviewed by CHIP STAPLETON
Fact checked by KIRSTEN ROHRS SCHMITT
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has four sets of listing requirements. Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.1
KEY TAKEAWAYS
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade.
The Nasdaq has four sets of listing requirements.
Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.
In addition to these requirements, companies must meet all of the criteria under a particular set of standards.
A company has four ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company.
Listing Requirements for All Companies
Each listing firm must adhere to U.S. Securities and Exchange Commission (SEC) Marketplace Rules for Nasdaq listings, including corporate governance rules 4350, 4351, and 4360.2
The regular bid price of shares of the company's stock at the time of listing must be at least $4.00. However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements. Typically, there must be at least three (or four depending on the criteria) market makers for the stock.34
Companies must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company.
Companies must also have at least 450 round lot (i.e., 100 shares or more) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
Depending on the types of security listed and the company's size, an application fee of $5,000 to $25,000 could be assessed. Companies must also pay a fee based on the quantity of shares issued, which can range from $100,000 to $150,000. There are also several other fees, depending on the type of company, including an annual listing fee, small-cap fee for smaller companies, and fees for additional services or changes such as record-keeping and additional shares issued.567
In addition to the above requirements, financial standards need to be met, depending on the type of security being listed, which are outlined below.
Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss.8
Standard No. 2: Capitalization With Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. Also, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.8
Standard No. 3: Capitalization With Revenue
Companies can be removed from the cash flow requirement of the second standard if their average market capitalization over the past 12 months is at least $850 million and revenues over the prior fiscal year are at least $90 million.8
Standard No. 4: Assets With Equity
Companies can eliminate the cash flow and revenue requirements and decrease their market capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.8
To stay listed on the Nasdaq, a company must continue to meet the minimum listing requirements or risk being delisted and removed from the Nasdaq exchange.
The Bottom Line
A company has four ways to get listed on the Nasdaq, depending on the company's underlying fundamentals. If a company does not meet specific criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area, like revenue. This helps to improve the quality of companies listed on the exchange.
After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price or market capitalization is one of the major factors triggering a delisting. The exact details of a delisting depends on the exchange.
I predicted that last week...
Typically selling continues till the next RS
How does a sub penny company with no cash buy Black Rock?
Horrible track record, late filings, lose money... who would consider lending them even 1000.00?
Watching this company since 2006 I bet not one thing he listed could or would ever happen. We have no money, we survive and survived up till now by selling stock, when we run out, there is a RS to get the bulk of it back to resell.
How does a stock at .011 get upliisted? lol
Who in their right mind would lend this company 4 million? 15 million?
Sorry, do not believe a word of any of this.
Same story, different year.
Anyone want to guess when we will hit Triple Zero's? Looks like heading there soon.
Honestly, I am amazed it is actually in any stores. Considering when we were told product was in all these convenience stores in NW Pa, and not one single item in any stores looking for a month, it was all a lie.
We were also told Marshell's and Home goods had products here in the Pittsburgh area, I checked and never could find a single item.
Wouldn't surprise me if he just gave Shop and Save a bunch free to let them try it and be able to say stocked there. This companies real business is selling stock! lol Been doing it since 2006! When they get low they do an RS to get the bulk back and start over.
Shop and Save are usually independently owned grocery stores. At least it is actually in a store. That is close to where Jim lives. Maybe he worked something out with them. If they don't sell, they will lose the freezer space to things that do. Frozen Pizza is a crowded market with some long time brands.
Same situation a few years ago. We were told of a distributor in NW PA that was supplying convenience stores up there. They said the stores that they were in. Well, I go up to NW PA most weekends in the summer and fall. Started checking the stores listed in Meadville PA as i passed through, and as many stores as i could just south of Erie PA. Guess what.... not a single store had anything at all. Later Jim blamed it on someone else and so on. Fact was, same news about all this product sold to a distributor and going to be in all these stores was all made up it appears, since no stores had anything, and when asking workers in the stores, they knew nothing about the products. It sure had the promotors/pumpers here excited and sold lots of stock to people who believed what the company was telling us.
* Well their website has nothing, still has the Tap house that went bankrupt years ago on it like it is something still viable.
* Salsa guy does have stores in ohio that sell it, but he got the salsa there before he got involved here
* Christopher street is the same online sales and maybe amazon, no stores listed
* Pizza Fusion lists stores in Fla and other areas, but last checked, they have absolutely nothing to do with This company, and no places listed that you can buy frozen pizza or any links to any.
* Cousin T is his website with online ordering only, no places listed to buy in a store or any links provided
You would think that if they announced that we had product in 70 stores that they would list where we can buy some. I come up Zero leads.
Maybe you can try, maybe you will have better luck than me.
Where can we get a list of the stores and area's they are in?
We should find what stores they claim the products are in and have anyone close stop in and take pics of it. If we see the products actually in stores on display, we could be at low and time to load up. If no one can find anything in the stores they claim, this will hit triple zero's in my opinion like it has so many times before. Then dilution, then RS
Have you seen any of their products actually for sale in a store?
History here would say yes, and more dilution then a RS to uplist to the big board again! lol
lol, the crap never ends! Maybe saving it for the new restaurants that will never happen! Funny that he never had .10 equity in the Brew House / Tap House that went bankrupt lol
A stock at .016 talks of uplisting? lol How many times have we heard that over the last 15 years! They are lucky to stay Pink Current!
Has anyone seen any of their products in any stores?
They have been doing this for 15 plus years. Has anyone gone to any of the stores selling the pizza's to actually see if they were there? Last time they had a distributor supposedly stocking convenience stores in Northern PA. I happen to be up that way weekends in the summer and stopped at the stores they were supposed to be in in different cities and towns and not one place had any of their products.
Maybe we should all go to the places that are supposedly selling the frozen Pizza's and check it out if near you.
Is it possible the reason is this stock is only .02 and been around since 2006, that nothing ever really happens with all the promises and statements that we read here? Unless you just came across this stock recently, you know it has been 15 plus years of promotions, promises, etc, that never actually happen. Then after a while, another RS, they get all the stock back for the most part, and it starts over again. The only thing this company is good at selling is shares! lol Look back there is a lot of history in this forum.
Hi Homebrew... Took a break from here for a while. See nothing ever changes. Lots of promises that never happen, lots of promotors pushing the stock, etc. Same stuff since 2006! lol 16 years and Vowler still can not make anything legit with this company. Does make a great living selling stock, when out, getting it all back with a RS and start over. Bet no one reads old posts here from years gone by, to see how same thing over and over!
Hope you been well!
Not sure what that has to do with this stock.
Not like you can just decide you want to sell psychedelics and just do it lol
We can't even file our financial reports on time and we are a pink slip company, You think they could actually get licensed to sell psychedelics? lol
Imagine jim / UPZS / GMPR trying to get licensed to sell Psychedelic edibles, and being able to have them tested, quality control performed on each batch in a lab, etc. And the fact they are illegal in most states. Not much of a legal market out there.
Maybe he will offer all the bag holders and shareholders he took stock back from an opportunity to recover all the money they lost selling them out of their cars? lol
They been talking about getting frozen pizza to market for 12 years. Haven't made one yet!
Does anyone even know where you can go buy any of our products we supposedly sell?
Anyone guess when we hit Sub Penny? I am thinking this week.
GMPR has a healthy fundraiser for themself.... Dump shares and raise funds!
Jose Madrid Salsa “The Healthy Fundraiser” has continued to dominate in the fundraising category, expanded its Ohio offices & production facility, recently purchased a custom delivery vehicle, and will be expanding into many retail outlets throughout the US & Canada(shareholders will be given more updates on this food brand soon).
Unique Foods along with its corporate Brand Ambassador and CBD partner Jack Brewer will expand its current Gourmet inventory of CBD edibles and launch into the exciting new highly sought-after Psychedelic Edibles(full details will be announced soon).
It is all Pretend Pizza!
"We believe our three new gourmet frozen pizzas will generate immediate buzz from industry experts and consumers alike," said James C. Vowler, President and CEO of Gourmet Provisions International Corporation. "We are currently negotiating with retail outlets throughout the US, Canada & Saudi Arabia to carry all three of our gourmet healthy pizzas. With the pandemic affecting everyone worldwide, there is a much-needed demand for delicious healthy food that can be enjoyed from the safety and comfort of their home. Our new line of Gourmet Pizzas brings the restaurant-quality that our loyal Pizza Fusion customers have come to love to the freezer department in a retail outlet near you. We anticipate that we will be officially launching our Gourmet pizzas in stores in early 2021 and will provide many updates for our loyal shareholders."
Hi, Why do you think this is tanking now?
Your Post:
The current total shares issued and outstanding for Gourmet Provisions International Corp. (GMPR) is approximately 29.5 million, with 20+ million restricted and 9.5 million in the public float; 2020 3rd quarterly financials posted onto the OTC with strong revenues, $233k profit and $360k+ in Notes off the books.
Anyone else wondering who has been selling off at these low prices?