GPO Plus issued 4,000,000 Series A-1 Preferred Shares to CEO Brett H. Pojunis for services, Credit support and deferred compensation, valuing them at $160,000. The securities carry enhanced voting rights and can convert one-for-one into up to 4,000,000 common shares, allowing investors to assess the resulting voting and conversion terms.

Key Highlights

  • The board valued the Series A-1 preferred stock at $160,000 in aggregate, using $0.0400 per common-equivalent share.
  • Nevada accepted the Series A-1 Certificate of Designation on August 26, with an effective date of August 19.
  • The transaction involved one recipient, no underwriters and no sales commissions, with restricted book-entry securities.

GPO Plus, Inc. (OTC: GPOX) issued 4,000,000 Series A-1 preferred shares to Chief Executive Officer and sole director Brett H. Pojunis on September 1, 2026. The shares were issued for services rendered and to be rendered, credit support and deferred compensation connected to obligations involving the company.

Series A-1 Terms and Valuation

The board valued the issuance at $160,000 in aggregate, based on $0.0400 per common-equivalent share, which matched the common stock’s closing price on August 19, 2026. The Series A-1 shares have no Dividend rights unless the board declares them. They participate in Liquidation on a per-share basis alongside the Series A Preferred Stock, Founders Convertible Preferred, Founders Class A Common Shares and common stock, subject to preferences of any future series, and they have no preemptive rights. The Nevada Secretary of State accepted the Certificate of Designation on August 26, 2026, with an effective date of August 19, 2026. The designation covers 4,000,000 shares of authorized blank-check preferred stock. The issuance relied on a Securities Act exemption for a transaction outside a public offering. The book-entry position carries a restrictive legend.