GPO Plus Grants CEO 4M Super-Voting Preferred Shares Valued at $160K
GPOX is trading near its 52-week low of $0.016 (10% above the low) on elevated volume (3.8× avg).
Summary
GPO Plus granted CEO Brett Pojunis 4 million super-voting preferred shares convertible into common stock, valued at $160,000, as compensation for services and personal credit support.
Key Events · Executive and Board Changes · GPOX
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CEO Receives 4M Super-Voting Preferred Shares
Brett H. Pojunis, CEO and sole director, received 4,000,000 shares of Series A-1 Preferred Stock valued at $160,000 ($0.0400 per common-equivalent share) as compensation for services rendered and credit support, including personal guarantees of company leases and loans.
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Voting Power Consolidation
Each Series A-1 Preferred share carries 100 votes, giving Pojunis 400 million votes — effectively consolidating voting control in a single insider at a company with a going concern warning.
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Potential Future Dilution
The preferred shares are convertible at Pojunis's option into 4,000,000 shares of common stock on a 1:1 basis, with no automatic conversion and no listing contingency — creating up to 4 million shares of potential future dilution.
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Valuation Above Current Market
The board valued the shares at $0.0400 per common-equivalent share based on the August 19 closing price, more than double today's $0.0176 price — a premium valuation for insider compensation.
Analysis · GPOX · Trade & Services
GPO Plus issued 4 million shares of Series A-1 Preferred Stock to CEO Brett H. Pojunis as compensation for services and personal credit support. Each preferred share carries 100 votes, giving Pojunis 400 million votes — a massive consolidation of voting control in a company already facing a going concern warning and a $6.6M working capital deficit. The shares are convertible 1:1 into common stock at his option, creating up to 4 million shares of potential future dilution. The board valued the package at $160,000, or $0.0400 per common-equivalent share, based on the August 19 closing price — more than double today's $0.0176 price. This compensation structure rewards the CEO with outsized voting power while the company urgently needs $3.7M in funding.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 36.1% of the 1753 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.04%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GPOX was trading at $0.02 on OTC in the Trade & Services sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.02 to $0.12. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.