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Geopulse Explorations Inc - GPLS STOCK NEWS

Welcome to our dedicated page for Geopulse Explorations news (Ticker: GPLS), a resource for investors and traders seeking the latest updates and insights on Geopulse Explorations stock.

GEOPULSE EXPLORATIONS INC (GPLS) is an emerging growth company focusing on oilfield services in West Texas. Recently, they acquired 50% of ATC Services, providing support services to major Permian players.

The acquisition aims to grow revenue by $12M annually, with positive net income. Geopulse management sees significant growth potential in the Texas market through organic growth and acquisitions. The company shifted focus from a cannabis industry effort to seize opportunities in West Texas.

Rhea-AI Summary
Geopulse Exploration, Inc. (OTCPink:GPLS) has entered into a Reorganization Agreement with ATC Services, acquiring 50% of membership interests in the first closing. The second closing will follow within 180 days. This acquisition is expected to add $12 million in revenue in 2024. ATC Services operates in the oil and gas construction sector in the Permian Basin of Texas, providing various high-margin services. Geopulse aims to grow organically and through acquisitions in the Texas market.
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Rhea-AI Summary

Geopulse Explorations, Inc. (OTC: GPLS) announces significant updates regarding its blockchain-powered logistics and financial services. The company has established a custodial trust to issue and manage a US Dollar-backed cryptocurrency, named 'DoKT' tokens, facilitating merchant transactions. This initiative aims to broaden financial product access in the competitive cannabis sector. Additionally, Geopulse has tendered its holdings in Petroteq Energy, Inc., generating capital for its upcoming product launch. CEO Marcus Laun expresses optimism about the company's future developments.

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FAQ

What is the current stock price of Geopulse Explorations (GPLS)?

The current stock price of Geopulse Explorations (GPLS) is $0.039 as of February 28, 2025.

What is the market cap of Geopulse Explorations (GPLS)?

The market cap of Geopulse Explorations (GPLS) is approximately 3.9M.

What is GEOPULSE EXPLORATIONS INC (GPLS) focused on?

The company is focused on oilfield services in West Texas and recently acquired 50% of ATC Services.

What was the recent significant acquisition by GEOPULSE EXPLORATIONS INC (GPLS)?

The company acquired 50% of ATC Services, a provider of support services to major Permian players.

What growth opportunities does GEOPULSE EXPLORATIONS INC (GPLS) management see?

Management sees significant growth potential in the Texas market through organic growth and acquisitions.

Why did GEOPULSE EXPLORATIONS INC (GPLS) shift focus from the cannabis industry?

The company shifted focus to opportunities in West Texas, citing difficulties in the cannabis industry.

What is the expected impact of the ATC Services acquisition on GEOPULSE EXPLORATIONS INC (GPLS)?

The acquisition is projected to add approximately $12M in annual revenue to Geopulse with a positive net income.
Geopulse Explorations Inc

OTC:GPLS

GPLS Rankings

GPLS Stock Data

3.87M
87.54M
Software - Infrastructure
Technology
United States
Los Angeles