Turbo Global Partners, Inc. (OTC Pink: TRBO) is engaged as a marketing consulting services provider. Shares of marketing company are climbing 20% on Tuesday, November 28, 2017. Over the past month, Turbo Global Partners, Inc. has seen average daily volume of 5.44 million shares. However, volume of 10.88 million shares or dollar volume of $19,584, has already exchanged hands on the day.
Shares of Turbo Global Partners, Inc. are climbing today, after the company announced that it has entered into a memorandum of understanding with DEX Imaging, Inc., an office technology provider. The partnership will focus on retail development across 2,000 Wal-Mart Stores, Inc. (NYSE: WMT). Here is the full press release detailing of the MOU agreement:
Turbo Global Partners, Inc. Press Release:
CARSON CITY, NV–(Marketwired – Nov 28, 2017) – Turbo Global Partners (TRBO) (OTC PINK: TRBO), has announced signing a Sole-source Memorandum of Agreement with DEX Imaging, Inc. (DEX).
“This is an exciting milestone for TRBO on the heels of our recent notice to proceed from Walmart to commence our national roll-out of GP Postal Pack and Ship Stores starting with expansion in Florida,” states Robert Singerman, TRBO’s Chairman & CEO. “We will work together with DEX to co-develop, implement and manage smart marketing systems at our Walmart locations that include printers, copiers, MFPs, document imaging technology and leasing. DEX is the largest independent provider of office technology in the U.S. and also leading developers of office technologies moving customers further into the cutting-edge worlds of mobile, digital and cloud document management.”
Daniel Doyle Sr., Chairman of DEX based in Tampa, agrees, “Yes, this is an exciting milestone for DEX just as it is for TRBO. It’s a tremendous honor to collaborate with TRBO with its marketing initiatives to better reach the Walmart customers with quality services that provide a convenience and value. We intend to test an array of varying services and digital loyalty programs that will result in maximizing our technologies with the Walmart customers and at the same time create new revenue streams for TRBO. It’s exciting to begin this journey together.”
Dan Doyle Jr., President & CEO of DEX, says, “Based on similar retail locations using our DEX solutions, it wouldn’t surprise us if each GP Postal location in Walmart generates on average $500 per month net revenue, with busier Walmart stores approaching $1,000 per month net revenue and more.”
Singerman continues, “When fully deployed with 2,000 Walmart locations nationwide, the DEX solutions not only can create new found revenue for store operations, but the resulting increased revenue in turn should have a positive impact for our shareholders.”
About TURBO GLOBAL PARTNERS, Inc. www.TurboGlobalPartners.com
TRBO is a marketing consulting services company that generates long-term predictable cash flow anywhere in the world. Core services include television and video production; mobile technology and digital marketing, branding, and world-class professional storytelling.
About DEX Imaging, Inc. www.DexImaging.com
DEX is the largest independent provider of office technology in the U.S. Their full-spectrum solutions are operational in thousands of small businesses as well as enterprise, Fortune 1,000 companies. With a nationwide network of 4,000 support specialists, DEX chooses the best, most reliable models from the nation’s top imaging equipment manufacturers, tested in-house for reliability, and pairs them with the unique business requirements. Digital intelligence, in house R & D, environmental consciousness and local stewardship are the hallmarks of DEX.
Statements made in this press release that express the Company or management’s intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will” and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company’s actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company’s forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company’s future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.