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Share Name | Share Symbol | Market | Type |
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Green PolkaDot Box Incorporated (CE) | USOTC:GPDB | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0001 | 0.00 | 00:00:00 |
MOUNT PLEASANT, UT / ACCESSWIRE / June 2, 2015 / Green PolkaDot Box Incorporated (PINKSHEETS: GPDB) announced today CEO Rod Smith will issue a letter to shareholders to re-cap May 2015 progress on the Health Merchant(TM) Program and with strategic alliance partners including Overstock.com (NASDAQ: OSTK), a website that gets over 20 million unique visitors, monthly and Innovision Health Media ("IHM"), a premier magazine and periodical publisher in the health and wellness market.
Rod Smith, CEO states "We are very happy about the progress the company made in May, with two major announcements for new strategic alliances and with Amazon (AMZN) announcing their Amazon Fresh Delivers platform we know we are 2 years ahead of Amazon in delivering fresh food to consumers at their home."
IHM plans to market organic and non-GMO foods through its new, online health store - The Health & Wellness Store - powered by Green PolkaDot Box(R), to its more than 300,000 health-minded adult readers as a result of advertising and promotion to its three consumer publications: Natural Solutions, Alternative Medicine and Eating Naturally. The first issue of Eating Naturally is due out in early July 2015. The Health and Wellness Store will have a spread ad for the inside front cover of this first issue that will be on over 50,000 newsstands.
May 19, 2015 GPDB announced a partnership agreement with Overstock.com through its new Farmer's Market platform. We are providing Overstock.com with selected bundles of themed product assortments that range from $59 to $131 each. Examples of packaged goods include baking essentials, paleo, baby and kids, coconuts, organic snacks and gluten free, among others. Overstock.com will utilize the unique product selection offered by GPDB to create packages that will appeal to its health-minded customers.
Overstock.com, a website that gets over 20 million unique visitors, monthly and is anxiously awaiting the opening of our eastern distribution center so they can sell our hard-to-get selections of grass-fed beef, bison, goat and lamb, along with a range of fresh-caught fish varieties, organic frozen and refrigerated foods. We should see an immediate, positive impact on sales resulting from the partnership, but the future looks even brighter as we expand our distribution footprint.
Health Merchant Tour
Response to our Health Merchant program has been even better than expected. Those who have attended our presentations in Georgia and Florida the past seven days have been very enthusiastic and anxious to become Health Merchants. We should see about $200,000 in revenues - at about a 70% gross profit margin - resulting from the tour events so far.
Our goal is 2,000 Health Merchants in 2015, each with 100 customers by year-end, each customer spending an average of $200, monthly. Accordingly, I'm working on implementing a "massive action" method to reach all our targets prospects and get 2,000 HM sales, quickly.
I'm initiating a call, invite, call program using a custom, dedicated outbound calling campaign. Beginning this next Monday a tele-marking group, with reputable and personalized calling practices, will begin - on a small scale for the test period, at first-to contacting thousands of our target HM prospects. The test will prove what is really possible.
In theory, we ramp up to generate approximately 300 presentation submissions to willing target prospects, per day, with a 10-person calling crew. And, I estimate we can generate 20 to 30 sales per day; a 6% closing rate. If correct - which can only be proven after testing - we would generate close to 600 sales in a 30-day campaign.
I invite you to visit www.greenpolkadotbox.com/healthmerchant and watch the 1st and 5th segments of our HM presentation posted there to see where we are going with this.
Appethyl Project Update
We completed the production phase of our Appethyl(R) infomercial and commercial spots. Post production will be completed by the end of this month; then we will go into a 30-60 day testing phase during which time we have set a goal to sell 25,000 units at an average price of $57, including S&H fees. Keep in mind we had over $270,000 in Appethyl sales in January from direct response to one national magazine article in First for Women.
About Green PolkaDot Box (OTC Symbol: GPDB)
Green PolkaDot Box is America's premier online buying collective for organic and non-GMO natural foods at wholesale pricing. The Company leverages proprietary technology and products with its dynamic, interactive website and customer relationship management software to provide a unique shopping experience. The Company also empowers other businesses and organizations to establish an online Health Merchant store - a non-stocking distributorship - for their own benefit. For more information on Green PolkaDot Box, please visit: www.greenpolkadotbox.com.
Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GPDB or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Investors Relations Contact
Rod Smith CEO
Green PolkaDot Box Incorporated
(801) 787-8835
rsmith@greenpolkadotbox.com
SOURCE: Green PolkaDot Box Incorporated
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