May 24, 2021
May 24, 2021
The Top Reasons GPO Plus, Inc. U.S. OTC: (GPOX) Could Be a Game-Changing Company
Let’s make a connection between lucrative businesses in shambles like U.S. healthcare and high-growth businesses in desperate need of stability and organization like CB to an NBA team. It is playoff season, after all.
Put it this way. Companies like GPO Plus, Inc. U.S. OTC: (GPOX), could act like a star point guard (PG) for both healthcare and CB. I can’t think of a company like this in existence that’s played the role of superstar PG for industries in such desperate need of one.
U.S. healthcare, for one, is big business, but it’s fragmented, increasingly expensive, and the parts don’t fit. Compare the industry to a team like the Philadelphia 76ers, for example. A team with expensive talent that does not totally connect or work together.
That’s why GPOs are becoming so essential as a potentially cost-cutting “point guard” for healthcare. A GPO, or group purchasing organization, is an entity that helps healthcare providers realize savings and efficiencies by aggregating purchasing volume. That leverage is then used to negotiate discounts with manufacturers, distributors, and other vendors.
According to research released by the Healthcare Supply Chain Association (HSCA) on May 15, 2021, GPOs are so effective that they could potentially save our healthcare system up to $34.1 billion annually. Not to mention, hospitals and nursing homes could see the bulk of these supply chain savings. (Source 9) The analysis further shows that GPOs could reduce supply-related purchasing costs by 13.1% for hospitals and nursing homes.(9)
Now let’s look at CB. The CB industry is prospering and could skyrocket from about $3.5 billion this year to roughly $13.4 billion by 2028, at an estimated CAGR of 21.2%.(1) However, there’s a problem. Whenever an industry experiences rapid growth like this, it can also be highly fragmented with a consolidation period. Compare this to a team with immense amounts of young talent, a rapid ascension, but that does not necessarily have the structure to reach their full potential.
Compare this to the Phoenix Suns before star point guard (PG) Chris Paul joined the team and built them into potential title favorites.
See where I’m going with this? As star PGs are the engine, organizers, and connectors behind a team, so are the supply chain and logistics for pricey fragmented businesses like healthcare and high growth yet disorganized businesses like CB.
GPO Plus is that star PG like Chris Paul. With multiple subsidiaries and cutting-edge solutions, GPO Plus could revolutionize the supply chain for healthcare and CB in ways we’ve never seen.
GPO Plus, Inc. U.S. OTC: (GPOX)- A Furiously Moving Stock
The GPOX stock is a stock that has been moving furiously as of late. Overall, in the past 6 months, the stock advanced an eye-popping 456.04% from its $0.455 December 18, 2020 low to its June 9, 2021, $2.53 peak. In reflecting how potentially explosive this stock can move, when the stock pulled back to about $1.26 on June 11, 2021, the price nearly doubled and rallied close to its peak in less than two weeks. It roared roughly 97.62% to its most recent position of about $2.49 as of June 22, 2021.(2)
Consider this too. The stock’s small float of about 7.2M indicates that these rapid moves could very well continue.(3) After all, on June 17, 2021, the stock closed 24.50% higher- in just one day.(2)
Furthermore, this is also a very tightly held company, with more than half of its shares held by insiders (~51.12%).(3) Not to mention, the company in March uplisted to the OTCQB.(4)
If word continues to get out about GPO Plus and how its solutions could power and cut costs for some of the most lucrative and rapidly growing industries in the world today, watch out.
Who is GPO Plus, Inc. U.S. OTC: (GPOX)?
Headquartered in Las Vegas, Nevada, GPO Plus, Inc. is a global holding company of industry-specific Group Purchasing Organizations (GPO). The company’s primary holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CB and He-mp industry.(5)
In addition to industry-specific needs, GPO Plus offers professional services through its GPOPRO Services to all of its members.(6) The company also has strategic partnerships with SafeHandles(7) and PURE Bioscience, Inc.(8)
HealthGPO- GPO Plus, Inc.’s U.S. OTC: (GPOX) Game-Changing Solutions For Healthcare
HealthGPO is committed to becoming an alternative option for all the needs of today’s healthcare industry. As demand has increased for medical products, HealthGPO responds by offering proven quality products at discounts (usually substantial discounts) without placing significant orders.
This segment of GPO’s business is represented by increasing offerings across the broad spectrum of medical supplies, including emerging medical and preventative products.
HealthGPO is a results-driven organization. It works tenaciously to structure and fabricate the contracted rates that its members need now. It offers unique products and solutions that are in the highest demand, such as
- An Antigen Test with a 10 minute processing time.(11)
- One of the most accurate and reliable Rapid Diagnostic Tests in the world.(12)
- Group Purchasing.(13)
- SafeHandles, a trademarked adhesive film that continuously reduces the growth of certain microbes to ensure the product is clean and durable.(14)
- PURE Hard Surface disinfecting products.(15)
Earlier, we mentioned how GPOs may potentially save the healthcare system up to $34.1 billion annually and reduce supply-related purchasing costs by 13.1% for hospitals and nursing homes.(9)
But to really put in perspective how much GPO demand and consolidation is increasing, consider these recent examples as mentioned by Access Market Intelligence:(10)
- HealthTrust recently completed the acquisition of Resource Optimization & Innovation (ROi), a recognized leader in healthcare supply chain management. ROi was the exclusive GPO for Mercy and other ROi partner members Orlando Health, Inc. and Franciscan Missionaries of Our Lady Health System.
- ROi acquired Healthcare Purchasing Alliance, LLC (HPA), a member-driven organization dedicated to providing clinical quality and cost savings through healthcare GPO services.
- Premier recently acquired Acurity, Inc. and Nexera, Inc., two indirect wholly-owned subsidiaries of the Greater New York Hospital Association (GNYHA). Acurity, a regional group purchasing organization, has been a customer and strategic partner of Premier for over 24 years.
- Nexera is a hospital financial improvement consulting firm that partners with healthcare organizations to improve hospital and health system performance. It also has a significant focus on supply chain enhancement and transformation.
Based on all of these tailwinds, HealthGPO could very well become the next big GPO at the forefront of powering our healthcare system.
cbdGPO- GPO Plus, Inc.’s U.S. OTC: (GPOX) Answer to CB and He-mp’s Supply Chain
GPO Plus created cbdGPO a membership-based GPO platform for CB companies. Members include wholesalers, manufacturers, distributors, and labs. cbdGPO realizes savings and efficiencies by aggregating purchasing volume and using that leverage to negotiate discounts with manufacturers, distributors, and other vendors.
Following the Federal legalization of He-mp and CB products in the United States, there is an overwhelming demand for high-quality He-mp-CB products for both consumers and businesses looking to break into this lucrative industry. cbdGPO exists to make its members successful. The purpose is to ensure that cbdGPO’s members deliver safe, cost-effective CB products to consumers.
cbdGPO offers the followings services:(16)
- Wholesale Isolate & Distillate
- Wholesale Retail Products
- White Label Solutions
- CB Payment Processing
- Marketing Consulting
By connecting members with the knowledge, solutions, and expertise that accelerate performance, cbdGPO aspires to become an indispensable partner for members, become a leader in innovation, and accelerate growth.
cbdGPO believes that the more people with access to the isolate and distillate, the more healing can be achieved worldwide. The company believes that its clients have the right to know precisely what is inside the CB they are ordering. It is their mission and promises to never misrepresent the content of their products. With the help of world-class labs to test its products, cbdGPO has confidence in its members finding the best product and best pricing due to the power of group purchasing quantity, no matter the order’s size. cbdGPO can fill the largest to smallest orders at the best price. It can also take pre-orders grown to spec and deliver the final product on time, every time.
In addition to industry-specific needs, GPO Plus also offers a myriad of professional services through GPO PRO Services to all members:(17)
- GPO PAY- low-cost, reliable payment processing. GPO Plus works directly with institutions to provide low-cost and trustworthy payment processing services to its members.
- GPO SAFE-SHIP- a licensed, insured, and bonded shipping solution for GPO Plus members. The primary focus is B2B. However, GPO SHIP-SAFE can safely deliver products Direct To Consumers as well.
- GPO INSURANCE- offering multiple types of insurance and coverage to its members.
- GPO SUPPLIES. GPO Supplies include custom packaging, labels, lab equipment and materials, apparel, merchandise, general printing, and promotional items to all members.
GPO Plus, Inc.’s U.S. OTC: (GPOX) Strategic Partnerships
In addition to GPO Plus’s subsidiaries and services, GPO Plus also has strategic partnerships with SafeHandles and Pure Bioscience.
We briefly discussed SafeHandles as one of HealthGPO’s cutting-edge products and solutions. SafeHandles are adhesive film covers designed to cover and continuously reduce the growth of certain microbes to ensure a product is clean and durable.
This revolutionary passive system works continuously to protect itself to ensure handles are clean and durable.
SafeHandles films are fundamentally cleaner and more durable than untreated handles. As a result, they are ideal for usage in high-traffic environments where cleanliness is critical and where users need to eliminate filthy handles.
The silver technology in SafeHandles film continuously protects the product from damaging bacteria, mold, mildew, and fungi to ensure the product is clean and durable. It can also potentially kill germs for up to 6 months.(7)
SafeHandles is a proven technology trusted for high-traffic areas found in schools and businesses across the United States to supplement their standard hygiene procedures. Hotels also appear to trust the product significantly as well.
PURE Bioscience, Inc. is GPO Plus’ other strategic partnership. PURE is focused on developing and commercializing their proprietary antimicrobial products that provide solutions to pathogen and hygienic control’s health and environmental challenges.
PURE products boast the following characteristics:(8)
- Fast and Effective
- PURE Hard Surface rapidly eliminates bacteria, viruses, and fungi, including multiple drug-resistant organisms (CRE, MRSA, VRE), Human Coronavirus, Norovirus, Hepatitis B and C, Listeria, E. coli, and Salmonella with kill times as fast as 30 seconds.
- Approved for Food Contact Surfaces
- PURE Hard Surface has been approved for use on food contact surfaces without the requirement of a rinse. Only silver in the form of SDC is cleared for this use under 40 CFR 180.940, and PURE Hard Surface has an NSF registered D2 Classification.
- 24-Hour Protection
- When used as directed, PURE Hard Surface continues to kill common bacteria for up to 24-hours.
- Formulated for ease of use, PURE Hard Surface is ready to use and contains no bleach, ammonia, phosphates, phenols, or VOC emitting compounds. Our odorless formula is non-caustic and non-irritating, providing a better user experience.
- Lowest EPA Toxicity Rating
- PURE Hard Surface meets the EPA requirements for a Category IV rating with no Precautionary or First Aid statements required.
Strong Leadership, Strong Results- GPO Plus, Inc. U.S. OTC: (GPOX)
GPO Plus has organized and recruited a fantastic team. While each leader has a unique story, GPO Plus has the common goal of creating best-in-class services with members’ best interests in mind. All while never losing focus on the bottom line to create significant long-term shareholder value.
- BRETT H. POJUNIS
Chairman of the Board of Directors & CEO
- RONALD McCORMICK
President & Member of the Board of Directors
- WAYNE SMEAL
COO & Member of the Board of Directors
- RONALD P. RUSSO, JR.
CFO & Treasurer
- MICHAEL R. FUGLER
Member of the Board of Directors
- KEVIN MALONE
Member of the Board of Directors
- BRYAN GARBRANDT
Director of Sales + Marketing, Chief Strategist
- CHARLES MUI
Product Development & Supply Chain Specialist
Source 1: https://bwnews.pr/3woRbUg
Source 1: https://prn.to/3qi12Jl
Source 2: https://www.barchart.com/stocks/quotes/GPOX/interactive-chart
Source 4: https://gpoplus.com/otcqb/
Source 5: https://gpoplus.com/about/
Source 6: https://gpoplus.com/portfolio-item/gpo-pro-services/
Source 7: https://gpoplus.com/safehandles/
Source 8: https://gpoplus.com/pure-bioscience/
Source 9: https://revcycleintelligence.com/news/group-purchasing-organizations-cut-hospital-supply-costs-by-13.1
Source 10: https://accessmarketintell.com/2020/05/07/gpo-consolidation-trend-growing/
Source 11: https://bit.ly/3zX2NjV
Source 12: https://healthgpo.com/fastep-rapid-diagnostic-test/
Source 13: https://healthgpo.com/group-purchasing/
Source 14: https://healthgpo.com/safehandles/
Source 15: https://healthgpo.com/pure-hard-surface/
Source 16: https://cbdgpo.com/products-services/
Source 17: https://gpoplus.com/portfolio-item/gpo-pro-services/
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