“…because of the nuclear disasters in Japan and radioactive contamination spreading through the Pacific Ocean, vast species of fish and plant life are being adversely affected and are undesirable for human consumption. “
From Financial Press
GPDB Announces a Purchase Agreement for One of the Largest U.S. Suppliers of Fresh Caught MSC Certified Seafood
MT. PLEASANT, UT–(Marketwired – May 19, 2016) – Green PolkaDot Box (OTC PINK: GPDB) (or “the Company”) announced today the execution of Purchase Agreement for Day Boat Seafood LLC. Day Boat is a Marine Stewardship Council (MSC) certified fishery and PRIMARY PRODUCER of wild caught seafood in the Atlantic Ocean and Caribbean Sea, specializing in swordfish. Additional boats harvest yellowfin tuna, big eye tuna, mahi-mahi, snapper, grouper, golden tilefish, pompano, mackerel, golden crabs, shrimp, stone crabs, and lobster.
Day Boat profitably operates 14 “long line” vessels and manages six more, providing a year-round supply of millions of pounds of fresh wild caught seafood to customers such as, Gorton’s Seafood, Fulton Market (NY), Whole Foods Markets Global, Wegmans, Seattle Fish, Wakefern Grocery, and other national grocery stores chains through its network of wholesale distributors.
The Day Boat acquisition is the first of many contemplated by GPDB in essential CLEAN food production and processing categories; the first step in the Company’s plan to become vertically integrated in sourcing and processing of CLEAN foods.
“The anticipated purchase of Day Boat will give our Company several competitive advantages,” says GPDB CEO Rod Smith. “First, it gives us the ability to control our supply, to source millions of pounds of wild caught seafood in the most popular varieties. Second, direct sourcing will allow for improved margins on sales. Third, and most importantly, our online Health Merchants™ and the 45 million consumers they serve will enjoy the highest quality seafood at special value pricing, including free home delivery anywhere in the continental U.S.”
Controlling the supply of seafood for millions of potential GPDB customers is a strategic necessity, afforded only through vertical integration. The average adult over 45 years old and living in the United States consumes seafood 3-4 times, monthly. Yet, because of the nuclear disasters in Japan and radioactive contamination spreading through the Pacific Ocean, vast species of fish and plant life are being adversely affected and are undesirable for human consumption. The best quality, wild caught seafood from the Atlantic and Caribbean is part of a well-managed sustainable but limited supply. This acquisition by GPDB is a critical move to ensure consistent access to popular high quality, sustainable-sourced seafood at the very best value for its customers.
For Day Boat, the deal between the two companies means an infusion of cash to increase the volume of production, while adding processing capabilities to create hundreds of new single and family portion product offerings for in-store and online sales through its existing commercial customer base and the GPDB Health Merchant network.
Scott Taylor, who will continue to serve as Day Boat’s Chief Operating Officer, added, “Day Boat Seafood is extremely excited to be part of the Green PolkaDot Box family. The partnership resulting from this acquisition will lead to the realization of our vision to provide traceable and sustainably caught seafood direct from boat to the table of GPDB customers, while significantly enhancing our ability to serve our growing base of commercial customers.”
Smith added, “We have never deviated from our mission to make CLEAN foods affordable for all consumers, no matter where in the U.S. they live; to inform and educate all consumers about the link between contaminated food consumption and chronic illness and disease; and to eradicate the distribution of GMO-contaminated foods. I believe we can have a big impact on the health of our nation. The Day Boat Seafood acquisition is an important step toward the accomplishment of our mission.”
About GPDB: Green PolkaDot Box® is America’s “first mover” online U.S. distributor of CLEAN foods — direct to consumer — through a disruptive Health Merchant™ network comprised of hundreds of market influencers that reach over 45 million consumers. Visithttps://gpdb.biz/ for Investor information.
To learn more about GPDB’s Health Merchant program go to www.greenpolkadotbox.com/healthmerchant
This Press 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,” “Plans” 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.