Gourmet Provisions International Corporation (OTCMKTS:GMPR) on September 30, 2022, announced receiving the first order for gluten-free Gourmet Pizza Fusion “Saving the Earth One Pizza at a Time” frozen pizzas from several Maryland Save a Lot Grocery Stores.
Trading Data
On Friday, GMPR stock ended flat at $0.0100 with more than 2.45 million shares traded, compared to volume of 2.28 million shares. The stock moved within a range of $0.0089 – 0.0110 after opening trading at $0.0103.
Gourmet Provisions International Corp. (GMPR) Announces Maryland Save a Lot Grocery Stores Locations
Select Maryland Save a Lot locations will be getting the first delivery of Pizza Fusion Pizzas in the next week and would be a part of the frozen food section by October 7th. Earlier this year, Pizza Fusion launched Gourmet gluten-free pizzas into 25+ Pennsylvania Save a Lot locations.
Duane L. Audo, Head of Business Development for Gourmet Provisions International Corp, said that the team traveled to Maryland, where it cooked and presented Pizza Fusion gluten-free pizzas for the executive team. Audo added that the overwhelming response was positive to having all the pizzas in different Maryland locations
The Business Development Head also said that the marketing teams will be working with Save a Lot’s mangers for making sure pizzas are sampled and slotted in highly visible locations throughout their stores. Post meeting with the executive team, the company anticipates expansion into New Jersey and Philadelphia locations, besides working with corporate offices in St. Louis.
He also added that the firm will be putting out news on Jose Madrid Salsa and Pizza Fusion Pizzas in many new grocery stores.
Key Quote
Duane L. Audo head of Business Development for Gourmet Provisions International Corp. stated, “Our team traveled to Maryland where we cooked & presented our Pizza Fusion gluten-free pizzas for their executive team in. Their immediate and overwhelming response was ‘yes’ to carrying all 3 pizzas into multiple Maryland locations! Our demo and marketing teams will be working closely with Save a Lot’s mangers to make sure our pizzas are sampled by their many valued customers and are slotted in highly visible locations throughout their stores. After meeting their executive team we anticipate quickly expanding into the Philadelphia & NJ locations and soon thereafter working with their corporate offices in St. Louis to be slotted into hundreds of Save a Lots nationwide.
Technical Data
GMPR stock is trading below the 20-Day and 50-Day Moving averages of $0.0118 and $0.0117 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0215. The company has a total market capitalization of $810K.
