secwatch.observer — SEC 8-K summary
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Issuer:     GPO Plus, Inc. (GPOX)
CIK:        0001673475
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001640334-22-000130
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GPO Plus appoints new CFO, President, and COO under multi-year employment agreements
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- Laurence Ruhe appointed CFO (Nov 1, 2021); $60k salary (accrues if no funds), 15k S-8 shares, 50k restricted shares, plus 10k shares/month for 3 years.
- Ron McCormick appointed President & Board member (Dec 3, 2021); $60k salary, 55k S-8 shares, 2.225M restricted shares, 625k performance shares over 3 years.
- Wayne Smeal appointed COO & Board member (Dec 29, 2021); identical $60k salary, 55k S-8 shares, 2.225M restricted shares, 625k performance shares.
- All appointments under 3-year agreements with automatic renewal, change-of-control severance, and salary accrual if company lacks funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673475/000164033422000130/0001640334-22-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673475/000164033422000130/gpox_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-22-000130

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