Geopulse Exploration, Inc. announced completion of approvals and establishment of a dollar-backed stablecoin, which will form the basis of the Cannco merchant services and financial platform. As previously disclosed, the Company has entered into an agreement with a custodial trust that has completed the infrastructure required to issue, manage, and track the cryptocurrency that will represent the merchant transactions that occur using Cannco financial services. DOKT tokens are distinguished from Canncoin security tokens that will be registered with the SEC and issued to Cannco investors from prior and current offerings representing proportional ownership in the company and entitlement to economic participation in Cannco profit. All investors have received notification of their specific Canncoin allocation. When a Cannco participating merchant conducts a transaction on the platform, tokens will be minted and placed into the account by the custodial trust and will serve as a dollar-backed, digital representation of cash in the depositor’s account. The cash may be retrieved through “cashing out” via a wire to the account holder from the trustee or may be used for additional purchases of products or services from other platform users. The Company plans on launching a beta version of its merchant processing service, and on accepting its first cash within the first quarter of 2020.