Genuine Marketing Group Inc (OTCMKTS:GMGZ) Stock To Watch: Company Announces Agreement With Label-Aire

Yesterday Genuine Marketing Group Inc (OTCMKTS:GMGZ) was in the news after it announced that it had gone into an agreement with the firm Label-Aire Inc. As per the provisions of the agreement, Label-Aire would work as application partner for Label and ZPTAG.

Trading Data

On Tuesday, GMGZ stock ended flat at $0.7400 with more than 1.08K shares, compared to its average volume of 679 shares. The stock moved within a range of $0.7400 – 0.7400 after opening trade at $0.7400.

Genuine Marketing Group Inc. announces agreement with Label-Aire, Inc. a Leading Label Systems and Labeling Equipment provider

Label-Aire is based out of Fullerton in California and is involved in providing reliable and advanced pressure sensitive labelling machines to some of the biggest firms in the world. It has been in the business for more than half a century and boasts of the most responsive and long established labelling systems distributor network. Label-Aire would provide global support and services to Genuine Marketing and its larger network of brand manufacturer clients.

Chuck Chastain, who is the Chief Executive Officer of Genuine Marketing, spoke about the latest move as well. He noted that the fact that Labe-Aire had a long and storied history in the label and tag application space were the major factors behind choosing the company as its partner. Additionally, he noted that Label-Aire had also decided to provide customise the labeller in line with its ZPTAG specifications. That was another significant factor why Genuine Marketing decided to choose Label-Aire.