GMPR – Reduces Over 2.7 Billion Authorized – Brace for Take Off

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gmpr reduces over 2 7 billion authorized brace for take off
gmpr reduces over 2 7 billion authorized brace for take off

Gourmet Provisions International Corporation ( OTCMKTS: GMPR) announced on February 4th, 2021 they reduced Authorized Common Shares by more than 2.7 billion. They submitted the business action with Delaware State on February 1st 2021. The Company acquired the approved document from the State of Delaware and lowered the Authorized shares with Pacific Stock Transfer on February 3rd, 2021.

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CEO of Gourmet Provisions International Corporation ( OTCMKTS: GMPR) , James Fowler, said the Company is very excited to reduce the Authorized Shares. This makes the share structure much more attractive and growth-inducing. Gourmet Provisions International Corporation ( OTCMKTS: GMPR) is reforming and placing the Company in a position to announce big news this year. This will include the signed agreements from current Noteholders. The Company anticipates the release of an 8k filing and a formal announcement in the near future. The complete details of the Noteholder Agreements will be part of the subject.

About Gourmet Provisions International Corporation ( OTCMKTS: GMPR )

Gourmet Provisions International Corporation ( OTCMKTS: GMPR) has a prime focus on the rise of online and retail sales, social media presence and content, public persona and awareness, acquisition opportunities and more. The Company has five exclusively-owned affiliates Jose Madrid SalsaPizza FusionUnique Tap House, Unique Foods CBD Edibles and PopsyCakes and has a Licensing agreement with Christopher Street Products.

Gourmet Provisions International Corporation ( OTCMKTS: GMPR ) Share Structure and Financials:

Gourmet Provisions International Corporation ( OTCMKTS: GMPR) updated shareholders of their existing share structure. The current total shares issued and outstanding is approximately 50 million. Approximately 15 million are restricted and 35 million is in the public float. Their 2020 3rd quarter financials posted strong revenues. They had $233k profit and paid $360k in Notes.

Gourmet Provisions International Corporation ( OTCMKTS: GMPR ) Video

Gourmet Provisions International Corporation ( OTCMKTS: GMPR ) announced they have lowered the Authorized Common Shares from 3 Billion to 275 Million. They filed the corporate action with the State of Delaware on Monday February 1st, received the File Stamped document from Delaware and filed the substantial lowering of Authorized shares with Pacific Stock Transfer on Wednesday. James Vowler President & CEO of Gourmet Provisions International Corp. stated,

“We are very excited to lower the Authorized Shares to a much more shareholder friendly and growth inducing share structure. We are restructuring & positioning the company to make some huge news this year, including the signed lock up agreements from our current Noteholders. We anticipate releasing an 8k filing and formal announcement next week with the complete details of the Noteholder Lock-Up Agreements.”