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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.
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.