|Day's Range||0.0330 - 0.0399|
|52 Week Range||0.0300 - 0.2000|
|PE Ratio (TTM)||-3.63|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
PITTSBURGH, June 27, 2017 /PRNewswire/ -- (OTCQB Symbol "GSPH") Geospatial Corporation provides complete Quality Assurance ("QA") for Installed Locational Integrity Management ("ILIM") programs for underground pipelines and conduits installed via Horizontal Directional Drilling ("HDD") methods regardless of depth, material or soil conditions. This service addresses the need for accurate 3D Mapping of critical pipeline systems that exceeds regulatory requirements and supports integrity and reliability demands.
PITTSBURGH, April 26, 2017 /PRNewswire/ -- Geospatial Corporation (OTCQB Symbol "GSPH") announces that the Company has completed its first underground pipeline mapping project for one of North America's largest energy pipeline companies. The client owns over 70,000 miles of energy pipeline in the US and Canada. Having been qualified as an approved service provider and with the successful completion of this initial project, Geospatial has been asked to complete 5 additional projects for the client and anticipates substantial additional opportunities across North America.
Geospatial reported a net loss of $1,191,474, or $0.01 per share compared to a net loss of $796,278 in 2015. Geospatial was able to reduce total liabilities 37% from $4,761,904 in 2015 to $2,978,647 in 2016. Mark Smith, CEO stated, "Geospatial's focus on providing an accurate, verified 3D depiction of a facility's underground infrastructure on a mobile platform like GeoUnderground is presenting Geospatial with larger facility-wide opportunities that should have a substantial positive impact on future revenue.