15 July 2026
GPODS, INC.
10-K / July 14, 2026
10-K / July 14, 2025
10-K / April 26, 2024
10-K / July 14, 2026
GPODS, INC.
Company overview
GPODS, INC. is a Nevada corporation formed on March 27, 2017. The company is a development-stage business focused on indoor, self-contained organic growing modules called GPods. Its core business model includes three segments:
- Sales of modular organic growing systems for micro-farming consumers
- Support services for micro-farming customers
- Van/conversion offerings that integrate the GPod system for off-the-grid (OTG) living
Products and technology
- GPod: an indoor, closed growing system designed for year-round organic cultivation without soil, using mineral nutrient sprays and a modular, scalable design.
- Claimed performance characteristics:
- Up to three times more produce per area than conventional hydroponic systems
- Potential to reduce water usage by more than 50% versus traditional hydroponics
- Year-round growth enabled by environmental controls and interchangeable modules
OTG / van-conversion concept
The company offers an off-the-grid, mobile growing system with optional modules such as ambient water capture and solar power components. Water capture and solar features have been integrated with van conversions.
Website, marketing, and growth plan
- Plans to use an e-commerce website for customization and sales of modular systems and to build a national media and social presence.
- Intends to form strategic relationships with manufacturing partners to enable lower-cost production and distribution.
- Plans to pursue international expansion through partnerships and alliances.
Intellectual property
- The company does not currently own patents or registered trademarks.
- It intends to file trademarks (for example, “GPODS, INC.” and “The GPod Solution”) and to register domain names including www.gpodsinc.com and www.gpods.biz.
Location and facilities
- Principal address: 1035 East Vista Way, Vista, California 92084.
- The primary facility is rented by the founder/CEO in his personal capacity; there is no formal lease and the company uses the space via verbal arrangements at no cost.
Employees and compensation
- As of July 14, 2026, the company had three employees: the founder/CEO, Mr. Dolan, and two others.
- Mr. Dolan plans to devote 25–30 hours per week to the business in 2026 and may increase his hours if needed. There is no formal employment agreement with him; he currently performs substantial work without cash compensation and may defer vendor payments. The other two employees work part-time as needed.
Financial position and operating results
- Assets (as of March 31, 2026):
- Cash and cash equivalents: $21,600
- Prepaid expenses: $4,650
- Software development costs: $108,600
- Working capital and equity:
- Negative working capital: approximately $977,849
- Stockholders’ deficit: approximately $869,249
- Revenue and operations:
- The company has not developed finished products or services for sale and has not generated revenues to date. It expects operating losses to continue.
- Going concern:
- The auditor’s report includes an emphasis of matter expressing substantial doubt about the company’s ability to continue as a going concern due to ongoing losses and the need for additional financing.
Financing and capitalization
- The company completed a direct public offering and indicates a need to secure additional financing of approximately $500,000 to $1,000,000 for the next 12 months.
- Historical financing includes loans from parties connected to the founder, often interest-free or with deferred terms.
- 7,500,000 shares of common stock were offered to 61 investors. Of those, 45 investors accepted an offer to have 1,300,000 shares reacquired by the company (paid in full by January 4, 2025); a related unpaid balance of $13,000 was recorded as of September 30, 2020 and settled by 2025.
- There is no established formal financing commitment in place to support ongoing operations.
Ownership and governance
- The founder/CEO beneficially holds about 57% of the outstanding equity.
- The board consists of two directors, including the founder/CEO. The company acknowledges limitations in independence and governance due to the small board and the founder’s controlling interest.
Regulatory and market status
- The company has not completed registration for a mature public market and plans to engage a market maker and pursue trading on OTC platforms. Penny-stock considerations and blue-sky restrictions are anticipated.
- The company acknowledges potential conflicts of interest and the risk of dilution from future equity issuances.
- It expects ongoing public-company costs, including audits, reporting, and compliance, which may affect liquidity and capital needs.
Customer base
Target customers include urban dwellers, micro-farmers, and off-the-grid enthusiasts.
Key considerations
- Development-stage company pursuing modular indoor organic growing systems and OTG van conversions.
- Small team and founder-supported operations.
- Limited cash, negative working capital, and a going-concern note from the auditor.
- Plans to secure additional funding (roughly $0.5–$1.0 million) to continue product development and pursue market entry.
- Public market for the shares has not been established; expected risks include dilution, penny-stock considerations, and governance constraints from a small, controlled board.
Bottom line: GPODS, INC. is developing modular indoor growing systems and OTG van-conversion offerings. The company remains pre-revenue, operates with a small team, and requires additional financing to advance product development and commercial activities.
