Global Payout, Inc. (GOHE)

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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Oct 25, 2017 5:13 pm

Global Payout, Inc. (GOHE) Shines Among Pioneering FinTech Innovators

- Global FinTech industry grew by 75 percent in 2015
- Innovators like Global Payout stand to disrupt more than $4.7 trillion in revenue
- The Global Reserve Platform is the most powerful, customizable and extensible platform for managing any financial product

Standing out among innovators in the global FinTech market, Global Payout, Inc. (OTC: GOHE) is focused on providing next-generation B2B solutions to automate international funds transfer, payments, billing and invoicing processes. The company is well-positioned for growth within the infant FinTech market, which increased in value by 75 percent globally in 2015, hitting $22.3 billion. FinTech innovators like Global Payout stand to disrupt over $4.7 trillion in revenue from companies offering traditional financial services, according to projections from Goldman Sachs.

As discussed in a recent article (http://nnw.fm/8e9fX), the importance of the efforts of companies like Global Payout is multifaceted. The disruptive influence of FinTech innovations is helping break the grip so long held by traditional financial institutions, making venture capital available to small businesses and entrepreneurs where banks will not give it. The FinTech revolution is also enabling access to other types of lending options and streamlining application processes in key ways that traditional financial institutions cannot match. Further, companies are now able to buy complex financial software solutions that, in times past, they could have never afforded and which, additionally, would have necessitated the services of a complete in-house IT team to operate even could they have footed the bill for the software.

As explored in another recent article (http://nnw.fm/f5O7H), the new incarnation of FinTech—a word that once referred merely to the backend technology used by traditional financial entities—has led to the pioneering of novel platforms that serve a variety of businesses. Capabilities are improving, and banking alternatives are becoming available that automate various financial processes. The FinTech revolution goes beyond financial services, however, also meeting needs in sectors ranging from logistics and shipping to the cannabis industry, where mobile apps and electronic wallets have proven more practical and more readily available than traditional banking services.

The B2B financial automation solutions offered through Global Payout’s proprietary Global Reserve Platform serves these needs well. The company is further enabling bitcoin accessibility through its MoneyTrac, Inc. subsidiary.

One of the global markets Global Payout is currently targeting with the Global Reserve Platform, its innovative FinTech payment solution, is logistics/shipping. The company also focuses on serving international travel companies, small-to-medium-sized businesses and banks, and has further positioned its MoneyTrac subsidiary to offer full-service alternative banking and electronic financial solutions for high-risk industries like cryptocurrency and cannabis.

Through the Global Reserve Platform, which stands out as the most powerful, customizable and extensible platform for the management of any financial product, Global Payout offers a fully configurable, Web-based “banking-in-a-box” platform specially designed to meet the front-to-back-office processing mandates of foreign exchange and international payment service providers. This solution also includes a secure and intuitive client module, designed to meet the e-banking needs of an institution’s corporate and personal customers.

Through the technology offered by its MoneyTrac subsidiary, Global Payout is further giving clients access to their financial information from any point on the globe as well as assisting them with tracking and compliance to aid in management and control of revenue flow.

For more information, visit the company’s website at www.GlobalPayout.com
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Oct 26, 2017 5:57 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Ramping-Up Sales and Marketing Efforts for PotSaver Brand

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., is currently in the process of ramping-up its sales and marketing efforts within Los Angeles County for its newly-acquired PotSaver brand. Per the update, PotSaver will be releasing its premier Los Angeles publication on January 1, 2018, to coincide with the legalization of recreational cannabis in the most populous state in the country, California. Acquired in September by MoneyTrac, PotSaver is a revenue producing community periodical and online advertising platform focused on providing listings on discounted cannabis-related products for local dispensaries and shops, particularly within the San Diego County cannabis community. The company expects to engage in a full-fledged sales and marketing campaign in order to expand the footprint of the PotSaver brand into both the Orange County and Los Angeles County markets in the coming months.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Oct 30, 2017 4:13 pm

Global Payout, Inc. (GOHE) Offers Proprietary Financial Services Solution to High-Risk Industries

- GOHE markets proprietary Global Reserve Platform (GRP) and MoneyTrac Technology (MTRAC) financial services
- According to Fintechist.com, Goldman Sachs estimates FINTECH industry profits at greater than $1 billion over the next three years
- Study: 25 FINTECH ‘unicorns’ projected to have valuation globally of $75.7 billion in 2017

Global Payout, Inc. (OTC: GOHE) is finding its role in FINTECH, the combination of finance and technology, may be leading to new short- and long-term revenue streams. Globally, 25 FINTECH ‘unicorns’ have been valued collectively by a CBInsights report at $75.7 billion (http://nnw.fm/9D3lU). Fintechist.com reports that Goldman Sachs projects FINTECH industry profits at greater than $1 billion over the next three years (http://nnw.fm/T9rIs).

GOHE is a San Diego, California-based company focused on future B2B for the transfer of international funds payments automatically, including processing and billing. The funds platform can be customized for organizations moving money worldwide. GOHE has a proprietary program, the Global Reserve Platform (GRP), which can handle diverse forms of processing such as credit wallets, credit card management and web and bot banking (http://nnw.fm/6ne9H). GRP is branded as Virtu Network Solutions. GOHE also processes cannabis payments through its MoneyTrac Technology (MTRAC) subsidiary (http://nnw.fm/G1UAp). In fact, MTRAC offers a full range of financial services to companies in high-risk industries.

MTRAC enables cannabis suppliers and their customers to complete transactions in a non-cash environment (http://nnw.fm/yPOR6). Not only can the GOHE subsidiary provide access tracking, which helps cannabis companies to manage and control their revenue flow; it has software that enables customers to customize platforms. This feature also lets these suppliers design mobile sites and provide other e-commerce services. GOHE recently announced that MTRAC was in the final stages of entering a joint venture agreement with an established financial institution for the growing but underserved cannabis industry. GOHE hopes this will lead to significant short- and long-term revenue streams, as noted in a news release by James Hancock, CEO of MTRAC (http://nnw.fm/Ol3T7).

GOHE does not cultivate or sell marijuana, but rather offers needed financial services to this growing industry through GRP and MTRAC. It serves as a detour to traditional banking options, which are generally unavailable to those in the cannabis industry. By offering high-tech processing, money management and its customized platform program, GOHE is able to offer needed services, even cryptocurrency bitcoin processing, that enables secure payment options for wholesale and retail clients.

For more information, visit the company’s website at http://www.GlobalPayout.com
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Oct 31, 2017 4:42 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Co-Hosts Cannabis Industry Networking Event

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., successfully hosted a joint networking event last week in Las Vegas with fellow companies operating in the cannabis financial market sector, including Fusion Bank, Integrated Compliance Solutions, LLC and NICCE Exchange. Notably, the event brought together key individuals from different areas across the West Coast who are involved in the fast-growing cannabis industry. “The power of networking and identifying synergistic business opportunities should never be underestimated,” James Hancock, CEO of MoneyTrac Technology, stated in the news release. “From banking solutions to cryptocurrency, this event placed MoneyTrac in a prime position to gain access to a number of valuable tools and resources that we will be working hard to analyze carefully over the next several days to determine how we can make the most of them as we push forward with our goal of becoming a financially technology powerhouse in this industry.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Nov 02, 2017 4:51 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sells Front Cover of First PotSaver Los Angeles Edition

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has successfully sold the front cover of PotSaver’s premier Los Angeles edition, which is slated for release and mass distribution on January 1, 2018. “We are thrilled to have completed the sale of PotSaver’s premiere Los Angeles edition,” Vanessa Luna, COO of MTRAC, stated in the news release. “With the new recreational law going into effect at the turn of the new year, we are truly in the most exciting, but also crucial time in this industry’s young history. By securing their spot on our front cover, HGMG will be placing themselves and their products in front of the eyes of thousands of potentially new customers who will be as motivated and eager as ever to explore everything this market has to offer as soon as it becomes legal on a recreational basis in the new year.” Per the update, Global Payout expects this expansion into the Californian market to generate “considerable revenue” in 2018.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Nov 07, 2017 6:36 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Targeting Client Acquisition in the Logistics Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that, in recent weeks, it has been focused on ramping-up sales, marketing and networking efforts in order to facilitate the acquisition of new clients and strategic partnerships in the fast-growing logistics industry. Per the update, the technology available in Global Payout’s Global Reserve Platform (“GRP”) offers many companies in the logistics industry the ability to break free of traditional banking chains with its fully-compliant, customizable “banking-in-a-box” software. The GRP also offers the option to move money internationally in a more swift and cost-effective manner than with traditional banks. “The Global Reserve platform is an extremely valuable technology to these companies and we look forward to exploring the many ways we can serve this industry,” Jim Hancock, CEO of Global Payout, stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Nov 09, 2017 7:09 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Moving Closer to Launch of ICO

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), continues to make significant headway with Pegasus Fintech, Inc. related to their joint efforts to develop a cryptocurrency token for the cannabis industry. “We are truly excited about the progress our tech and business development teams have made in recent weeks with the collaborative work they have been engaged in with Pegasus Fintech,” James Hancock, CEO of MTRAC, stated in the news release. “MoneyTrac’s entry into the digital currency market will be a very big step forward in our objective of becoming the most recognized brand for financial technology solutions in the cannabis industry, and we are eager to continue laying the groundwork for the launch of what we believe will be a very successful ICO.” MTRAC’s partnership with Pegasus Fintech was originally announced last month, with the planned cryptocurrency token being presented as a way to address a presently underserved need in the booming cannabis industry.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Nov 13, 2017 5:52 pm

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MoneyTrac Subsidiary to Attend MJ Business Conference in Las Vegas

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), will be attending the MJ Business Conference and Expo November 14-17 in Las Vegas, Nevada. MTRAC recently acquired PotSaver, a marketing and publishing entity founded by Aaron Adler. Adler will join MTRAC CEO James Hancock and COO Vanessa Luna at the expo to promote the MTRAC and PotSaver brands while networking with other cannabis industry executives at the event. “Attending this event will be an excellent opportunity for us to share the vast array of technology and business-related solutions MoneyTrac has to offer to the many new and existing businesses in cannabis,” MTRAC CEO James Hancock stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Nov 15, 2017 6:11 pm

Global Payout, Inc. (GOHE) Well Positioned in Smart Money Sector

- Smart money invested over $17 billion in FinTech last year alone
- GOHE at vanguard of explosive industry growth
- Company’s Global Reserve Platform and MoneyTrac subsidiaries open vast new business opportunities

The days of barter and bank drafts have long passed. Technology is in the midst of disrupting the entire financial services sector by swiftly and securely optimizing global financial transactions. Moribund financial services companies are rapidly losing market share to upstarts due to technological innovations and advancements. FinTech (financial technology) is dramatically altering traditional financial markets by delivering safer, more transparent, efficient and responsive banking services to retail consumers, businesses and market participants alike.

Over $50 billion has been invested in FinTech companies since 2010 and last year alone the financial technology industry received $17.4 billion in investments (http://nnw.fm/OceF1). Venture capitalists, private equity firms, savvy corporations and wealth funds are pouring enormous amounts of money into global financial technology, and smart money is seldom wrong.

Already positioned to capitalize on this wave of financial innovation, Global Payout, Inc. (OTC: GOHE) delivers fully customizable comprehensive payment solutions for virtually any domestic or international organization distributing money worldwide. In business since 2009, Global Payout now services clients in four key market sectors: logistics and shipping, banking, small and mid-sized businesses, and global travel companies. Global Payout addressed the needs of these industries with its proprietary Global Reserve Platform (GRP). Powered by the Global Reserve Administrative module, the platform is a fully configurable, “banking-in-a-box” web-based platform designed to exceed the front-to-back office processing requirements of foreign exchange and international payment service providers.

Global Payout is further extending its reach and impact into the global FinTech market through its majority owned subsidiaries, ISBC Holdings, Ltd. and MoneyTrac Technology, Inc. Majority control of ISBC Holdings gives Global Payout unfettered access to an international private banking structure, with cloud based banking technologies for swift and secure international financial transaction processing. MoneyTrac’s alternative banking and electronic financial solutions, which include E-Wallet and mobile apps services, open vast new found business opportunities with companies in various high-risk industries.

Even though most consumers are unaware that the financial services applications they currently use count as FinTech, about a third of consumers worldwide already rely on two or more FinTech services regularly. Smart money has already placed a huge bet that the industry is set to grow exponentially and smart investors should be positioned accordingly.

For more information, visit the company’s website at www.GlobalPayout.com
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Nov 15, 2017 6:32 pm

Global Payout, Inc.’s (GOHE) MoneyTrac Subsidiary Explores Potential Strategic Partnerships in the Cannabis Banking Sector

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning said that its majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), is exploring potential strategic partnership opportunities in the cannabis banking sector. In an effort to exploit a severely underserved market, MTRAC is in the process of evaluating various entities that engage in helping banking organizations become compliant with state cannabis regulations, and is highly interested in securing partnerships with established compliance financial organizations.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Nov 16, 2017 8:02 pm

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Advances Cryptocurrency Token Development with Pegasus Fintech

Global Payout (OTC: GOHE) said today that its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary continues to make noteworthy progress with Pegasus Fintech, Inc. on their collaboration to develop a cryptocurrency token for the cannabis industry. In October, MTRAC announced the establishment of the strategic partnership to create a token that will deliver an effective option for transaction processing in the cannabis industry. The companies also aim to create a level of effective transparency in an industry where tracking transactions is a critical part of assuring compliance. MTRAC and Pegasus intend to complete all the required due diligence to meet the requirements for the launch of their anticipated regulatory compliant token offering, known as a Public Initial Blockchain Offering (“PIBCO”). “This token will do far more than just optimize the way businesses and consumers are able to process and complete basic transactions, but will create the kind of transparency that will deliver consumer safety and ensure regulatory requirements across a rapidly growing industry by making it possible to track every transaction from start to finish,” MTRAC chief operating officer Vanessa Luna stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Nov 21, 2017 5:43 pm

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Establishes Industry Connections at MJBizCon

Global Payout (OTC: GOHE) today announced that its majority owned MoneyTrac Technology, Inc. (“MTRAC”) subsidiary successfully established a presence at the 2017 Marijuana Business Convention ("MJBizCon") in Las Vegas, Nevada. MTRAC chief operating officer, Vanessa Luna and PotSaver founder, Aaron Adler represented the company at the convention. While in Las Vegas, MTRAC took meetings with key collaborators engaged in implementing compliance features that will be required to operate a successful banking solution for the cannabis industry. "I am impressed by the tremendous amount of interest our brands are generating amongst some of the most important individuals in the cannabis industry. From PotSaver's expansion into the LA market space, to the banking solutions we are rigorously working on launching for the industry, the growth potential that exists for MoneyTrac is truly limitless as we continue to work on capitalizing on every opportunity possible in this rapidly growing industry," MTRAC COO Vanessa Luna stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Nov 27, 2017 5:46 pm

NetworkNewsBreaks – Smart Money Innovations Create Ideal Ground for Global Payout, Inc. (GOHE) Services

As the financial technology sector steamrolls over moribund service companies, Global Payout (GOHE) is providing timely and customizable payment strategies for companies doing business worldwide. An article discussing this reads: “In business since 2009, Global Payout now services clients in four key market sectors: logistics and shipping, banking, small and mid-sized businesses, and global travel companies. Global Payout addressed the needs of these industries with its proprietary Global Reserve Platform (GRP). Powered by the Global Reserve Administrative module, the platform is a fully configurable, “banking-in-a-box” web-based platform designed to exceed the front-to-back office processing requirements of foreign exchange and international payment service providers.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Nov 28, 2017 5:56 pm

Global Payout, Inc. (GOHE) Guided by Vision and Acumen

- GOHE at vanguard of explosive FinTech industry growth
- Guided by nearly 100 years of executive talent and experience
- Proprietary state-of-the art systems position GOHE for significant footprint

Founded in 2009 with a focus on prepaid debit cards and electronic wallets, Global Payout, Inc. (OTC: GOHE) has deftly evolved into a full service payment platform that delivers complete customizable payment solutions for almost any entity engaged in domestic or international financial transactions. A leader in the booming FinTech industry, Global Payout has distinguished itself as a premier global provider of payment and disbursement services to unbanked, underbanked and bank adverse customers. Visionary, experienced management navigated the company’s successful evolution into the global player it is today in the booming FinTech industry.

Founder James Hancock, CEO and chairman of the board of Global Payout, has over thirty years’ experience in multiple executive capacities in financial services, investment banking, mergers and acquisitions, telecommunications and payment processing. Prior to founding Global Payout, Hancock, who holds a Juris Doctorate from the California School of Law, specialized in the financial services sector for 14 years and launched nearly 40 custom-designed prepaid debit card programs. Operating as a prepaid card services company, Hancock soon realized by listening to Global Payout’s customers the need and opportunity for comprehensive and customizable global payment solutions. His business acumen and prescience led to the development of Global Payout’s proprietary Global Reserve Platform (GRP), now recognized as one of the most powerful, customizable and extensible platforms available to provide B2B solutions for the automation of international funds transfer, payments, billing and invoicing processes.

Successfully managing such a significant corporate transition from prepaid cards to global payment solutions is a daunting endeavor, and Hancock recruited exceptional talent to achieve and exceed his goals. William Rochfort, president, board member and VP of sales and marketing, has over 25 years’ experience in leadership roles at various national start-ups and global companies. He built and nurtured top-end sales and tech-support divisions in network services and managed over 350 direct sales and technical support teams that exceeded $200 million in annual sales revenue. At Global Payout, Rochfort has established international sales and marketing channels for both direct and indirect sales, as well as a network of international distributors, channel partners and value-added resellers. He is focused on continued global expansion and is responsible for web-based services and supporting personnel.

With a strong background in the financial markets, Joseph Sebo, CFO and board member, joined the company in 2010. His responsibilities include financial reporting and transparency, public company compliance, investor relations, SarbanesOxley compliance and serving as controller and treasurer. With broad experience in publicly traded companies and investment banking, Sebo was instrumental in up-listing Global Payout in the over-the-counter markets.

With resolution and vision, Hancock has successfully transformed Global Payout’s core business model while assembling nearly a century of collective knowledge and experience on the senior management team. With such a track record and talent, it’s hard to imagine that Global Payout won’t achieve a significant footprint in the burgeoning global FinTech markets.

For more information, visit the company’s website at www.GlobalPayout.com
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Nov 28, 2017 6:01 pm

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Forms Key Partnership for Sales and Marketing Support

Global Payout (OTC: GOHE) announced today that its majority-owned subsidiary, MoneyTrac Technology, Inc. ("MTRAC") has established a strategic partnership with T&T Financial. The partnership was established to boost the sales and marketing related services that MTRAC delivers in the booming cannabis industry. MTRAC has also been collaborating with other partners in the financial services sector on developing banking solutions for fully compliant businesses operating in cannabis, such as retailers and suppliers. Through its new partnership with T&T Financial, MTRAC receives critical sales and marketing support for the banking services and solutions the company intends to offer to the cannabis sector.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Nov 30, 2017 5:57 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Collaborates with PotSaver to Create Networking and Marketing Resource for Cannabis Industry

Global Payout (OTC: GOHE) this morning said its MoneyTrac Technology subsidiary is working with its PotSaver brand to launch a publication called “PotSaver Biz” to support connectivity between the varied businesses operating in the emerging cannabis industry. “One of our biggest takeaways from attending the MJBizCon was how much better the cannabis industry can be connected from a business perspective through a publication such as PotSaver Biz. This publication will provide many of these owners, who are operating virtually every type of business in the industry, from lighting equipment to security services, an effective platform to market their products and services to the specific owners of other businesses in the industry that are in need of exactly what they have to offer,” MoneyTrac COO Vanessa Luna stated in the news release. Publication is expected prior to the end of Q1 2018 and will complement the Los Angeles edition of PotSaver that will be released January 1, 2018.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Dec 06, 2017 5:22 pm

Bitcoin’s Rise Solidifies the Intersection of Cannabis and Cryptocurrency

CannabisNewsWire Editorial Coverage: As bitcoin’s price continues its meteoric rise, which has seen the cryptocurrency skyrocket in value from just under $1,000 at the start of 2017 to above $10,000 in November, a number of companies have taken steps to benefit from the growth of the burgeoning cryptocurrency industry. One area of the industry that appears to offer significant growth potential is the application of bitcoin and other cryptocurrencies to sectors of the economy, such as the cannabis industry, that are blocked from accessing banking services. Among the companies that have oriented their businesses to take advantage of opportunities in these markets are Global Payout, Inc. (GOHE) (GOHE Profile), SinglePoint, Inc. (SING Profile), Bitcoin Investment Trust (GBTC), Bitcoin Services, Inc. (BTSC) and Riot Blockchain, Inc. (RIOT).

Global Payout, Inc. (GOHE) has positioned itself to provide transactional services to companies offering cannabis-related products through its MoneyTrac Technology, Inc. subsidiary, which enables such companies to access the banking services they need to conduct their business. While some states have legalized the use of cannabis, it is still categorized as a Schedule 1 drug according to the federal Controlled Substances Act – hence, cannabis businesses are essentially “unbankable,” and shut out of the traditional banking system.

The MoneyTrac payment platform handles regulatory compliance and the processing and tracking of transactions for these firms, as well as offering additional services such as bill pay and loyalty. Cannabis companies can use the platform to perform banking functions not available to them at traditional financial institutions. In conjunction with affiliated partnerships, MoneyTrac enables merchants dealing in cannabis and other high-risk goods to access an audited, fully compliant system they can use to access banking services.

The recent addition of bitcoin technology to the platform helps merchants address the difficulties associated with having to perform cash-only transactions by giving them a secure payment option. Backed by the power of the blockchain, a distributed network of peer-to-peer servers that enables the preservation of highly accurate transaction records and thereby ensures full transparency, cryptocurrencies such as bitcoin are increasingly being accepted by merchants around the world for transactional purposes.

To help expand the scope of this service, Global Payout recently announced (http://cnw.fm/hbK1L) a strategic partnership with T&T Financial to boost the sales and marketing services it offers to the underserved cannabis industry businesses. In the press release, the company emphasized that MoneyTrac has also been working with additional partners in the financial services arena to set the stage for the banking solutions it intends to offer legally compliant cannabis companies – services that are sorely needed given the tremendous amount of business currently being transacted in the industry.

MoneyTrac has also ramped up sales and marketing in Los Angeles County for PotSaver, its recently acquired cannabis brand. PotSaver is a revenue-producing community periodical and online advertising platform that offers listings on discounted cannabis-related products to local dispensaries and shops. With an already established presence in the San Diego County cannabis community, MoneyTrac has provided the company with the support to expand its operations in preparation for the legalization of recreational cannabis in Los Angeles and Orange counties in 2018.

The Los Angeles edition of Potsaver is expected to launch January 1, 2018, followed by the release of “PotSaver Biz,” developed exclusively for business operators in the emerging cannabis industry, by the end of Q1 2018 (http://cnw.fm/3DT0x).

“One of our biggest takeaways from attending the MJBizCon was how much better the cannabis industry can be connected from a business perspective through a publication such as PotSaver Biz. This publication will provide many of these owners, who are operating virtually every type of business in the industry, from lighting equipment to security services, an effective platform to market their products and services to the specific owners of other businesses in the industry that are in need of exactly what they have to offer,” MTRAC COO Vanessa Luna stated in the press release.

Another company targeting payment issues and subsequent opportunity in the cannabis industry is SinglePoint, Inc. (SING), which along with AppSwarm, Inc. (SWRM) recently finalized development plans to release mobile applications specifically designed to solve issues in the cannabis space using the blockchain technology and bitcoin payment options. The applications and tech will be modeled and marketed under SinglePoint’s SingleSeed subsidiary (www.SingleSeed.com), while AppSwarm will provide the necessary technical support and application development. According to the companies (http://cnw.fm/jnw8B), the mobile apps and tech will also modernize the consumer experience by adding in SinglePoint’s payment features, as well as a multitude of other functionalities that are currently proprietary to AppSwarm.

SinglePoint has also completed its “soft launch” of a bitcoin exchange designed to address the difficulties that being unbankable causes such firms. The company’s system is available for use in cannabis businesses located in any of the 29 states that allow legal sales and the District of Columbia. The payment system enables instant bitcoin-driven purchases with a credit or debit card for customers who have signed up with the system, similar to systems already in use overseas. Processing of transactions occurs outside of traditional FDIC-regulated banking channels.

“We are very pleased with what we have built out and executed on with this solution. SinglePoint now has a base to continue innovating on for the cannabis payments space. Businesses are contacting us daily about payment services and with this solution we feel confident we will be on boarding many of these customers. This is just the beginning of a solution that will ultimately serve cannabis businesses much beyond payments. The overall goal is to have a fully integrated solution for businesses to manage their day-to-day operations from beginning to end,” SinglePoint President Wil Ralston stated in the press release (http://cnw.fm/NbK0d).

While bitcoin-enabled cannabis companies offer hybrid plays on both the growing cryptocurrency and cannabis markets, a number of pure plays on the potential of cryptocurrency exist, including Bitcoin Investment Trust (GBTC), which is the first publicly traded entity solely invested in bitcoin. Sponsored by Grayscale Investments, the trust allows investors to gain exposure to the price of bitcoin via a traditional investment vehicle without dealing with the issues involved with purchasing, storing, and securing bitcoins. In a sign of the acceptance cryptocurrency investments are gaining, Bitcoin Investment Trust was selected by OTC Market Group as one of its “OTCQX Best 50” of 2017.

Another company that has seized the opportunity to offer bitcoin-related ancillary services is Bitcoin Services, Inc. (BTSC). The company’s stock price, as with a number of other industry players, has soared in 2017, rising from a price of $0.01 to over $0.30 in November. BTSC offers bitcoin escrow services and also develops blockchain software and mines cryptocurrency. Bitcoin Services has created a new subsidiary this year, Crypto Capital Corp., which it intends to use to develop a cryptocurrency wallet enabling users to store multiple digital currencies securely in a single wallet.

A play on the technology of the blockchain is Riot Blockchain, Inc. (RIOT), formerly known as Bioptix. In October of 2017 the company rebranded its business to reflect its entry into the digital currency market, where it intends to buy cryptocurrency and blockchain companies. Its goal is to become a leading blockchain authority and to position itself as an investment vehicle offering exposure to the blockchain and cryptocurrency environment.

In November, Riot Blockchain announced it had made a strategic investment in Verady, LLC, which uses blockchain technology and thought leadership in the sector to provide accounting standards and audit services to companies operating in the cryptocurrency industry. Verady has recently debuted a decentralized network of tools for financial reporting and accounting aimed at the cryptocurrency market called VeraNet.

The intersection of the growth of the cannabis and cryptocurrency markets has created a promising environment for firms looking to capitalize on the robust growth currently occurring in these industries. Legalization of the use of cannabis for medical and recreational use by governments around the world has led to powerful demand for the product, which shows no signs of letting up anytime soon. This is reflected in a report by Grand View Research, which projects that the cannabis market will reach $55.8 billion by 2025.

Similarly, the ability of the blockchain to provide a decentralized, encrypted ledger to store records in an efficient, verifiable manner without requiring assistance from intermediaries has facilitated growth in the cryptocurrency market. The blockchain serves as the backbone of cryptocurrencies such as bitcoin, and its radical transparency has enabled the use of bitcoin to process high risk transactions, such as those in the cannabis industry. In a sign of the growing mainstream acceptance of the cryptocurrency, the U.S. CFTC recently gave approval to the CME CBOE exchanges to start trading bitcoin future contracts on Dec. 18 of this year.

Companies that participate in either or both of these markets can take advantage of the interplay between them, as firms offering pureplay bitcoin offerings can benefit from the increased usage of the cryptocurrency likely to arise from the growth of the cannabis market, and companies strictly offering cannabis services can profit from the increased payment and management options enabled by blockchain technology and cryptocurrencies. The companies named above have positioned themselves to take part in this growth, making them worthy subjects for further research by investors seeking investment opportunities in these growing industries.

For more information on Global Payout, please visit: Global Payout, Inc. (GOHE)
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Dec 07, 2017 5:28 pm

Success of Initial Coin Offerings (ICOs) Shows Increasing Application of Blockchain Technology to Payment Solutions

CannabisNewsWire Editorial Coverage: Since their genesis in 2008, bitcoin and its underlying blockchain technology have spawned entirely new industries. Blockchain technology appears to be finding application in land registries, in protecting personal identities, in “smart” contracts, and in many other areas. The first employment of blockchain was, of course, bitcoin and cryptocurrencies continue as the main users of the technology. The value of digital currencies is now in the billions, led by bitcoin itself, which skyrocketed to a price above $11,000 as of early December. Moreover, digital coins or tokens have been offered to the public recently in a spate of very successful Initial Coin Offerings (ICOs) that in 2017 raised more than $1 billion. As acceptance of cryptocurrencies continues to grow, Global Payout, Inc. (GOHE) (GOHE Profile), Advanced Micro Devices (AMD), Global Blockchain Technologies Corp. (OTC: BLKCF) (TSXV: BLOC), Nvidia Corp. (NVDA) and Overstock.com, Inc. (OSTK) are intensifying their involvement with these exciting new technologies.

Bitcoin is most famously known as a cryptocurrency, but it is also the world’s first completely decentralized digital payments system. Its novel decentralized aspect as a means of payment is an important feature and one that breaks entirely new ground. That is because electronic payments, in some respects superior to their paper or physical counterparts, give rise to a “double-spending” problem. Like any other digital asset, a file representing money can be easily reproduced or copied. Other electronic payment systems solve this problem by using a trusted intermediary such as a credit card company or a bank between payer and payee. However, this gives rise to the inevitable transaction costs that those intermediaries charge. The mysterious, undoubtedly clever, inventor of bitcoin, Satoshi Nakamoto, devised a solution to the double-spending problem that replaces the role of trusted third party with “an electronic payment system based on cryptographic proof” (http://cnw.fm/U9cUn). This cryptographic proof is achieved by distributing a ledger to all users of a peer-to-peer network — that is, a record of every transaction. Since this public, distributed ledger is a history of all transactions, with every transaction constituting a “block,” it has come to be known as the “blockchain.”

Blockchain technology and cryptocurrencies are very much on the minds of executives at Global Payout, Inc. (GOHE). The California-based provider of payment solutions recently announced that its majority-owned subsidiary, MoneyTrac Technology, Inc. (MTRAC), in conjunction with Pegasus Fintech, Inc., is developing a cryptocurrency token for the cannabis industry, a market grossly underserved by the latest financial technology (http://cnw.fm/ZpK9f). Pegasus Fintech, as an innovative blockchain and token accelerator company focused on delivering solutions in the financial services, blockchain and emerging cryptocurrency market sectors, appears to be a fitting partner for MoneyTrac’s endeavors in the market.

Leveraging over 30 decades of combined experience, MoneyTrac provides to businesses operating in a variety of alternative or “high-risk” industries a sweeping range of services that create the ability to manage and run their business with optimum efficiency while meeting regulations; streamlining electronic payment processing; and developing an operational structure that plays a critical role in the growth of their business.

“Alternative market sectors are continuing to grow at an unprecedented rate across the U.S. However, traditional business resource and service providers are struggling to keep up with this growth, and in the process, many business owners within these sectors, or entrepreneurs eager to break into them, lack the support and resources needed to help move their initiatives forward,” management notes on its website. “The MoneyTrac Technology team aims to establish itself as a key resource to these under-served businesses by offering them an array of services that we have designed to address the specific challenges businesses in a variety of alternative market sectors are faced with on a day-to-day basis.”

The creation of the cryptocurrency token will allow MoneyTrac to launch a public initial blockchain offering (PIBCO), a new vehicle for raising funds similar to an IPO. Pegasus Fintech has developed a process for public companies to initiate regulation-compliant PIBCOs in the capital markets (http://cnw.fm/Rwo0X). Global Payout’s MoneyTrac division is aiming to become the most recognized brand for financial technology solutions in the cannabis industry, and recently acquired a majority stake in PotSaver, a periodical that provides listings on discounted cannabis-related products for local dispensaries and shops (http://cnw.fm/fP60s).

Since its inception in 2009, Global Payout has been a global provider of comprehensive, customized pre-payment solutions to both domestic and international organizations. In 2014 it introduced its first online payment platform, the Consolidated Payment Gateway (CPG), which allows its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. Since then, the CPG platform has been further developed and it now forms the basis for the company’s new, state-of-the-art FINTECH payment system, launched in 2017. Global Payout offers its FINTECH payment system to many vertical markets to support foreign currency and digital currency exchange, a service that includes ongoing support to government clients and corporate entities in the financial services industry.

The overall flurry of new cryptocurrencies on the market is also raising demand for powerful graphics cards, normally found in PCs dedicated to gaming. These specialized components, called graphics processing units (GPUs), are more effective at mining new digital coins than regular central processing units (CPUs). CPUs are built to handle a multitude of commands, while GPUs are optimized for taking huge batches of data and repeatedly performing the same operation very quickly.

In response to the growing market interest, semiconductor company Advanced Micro Devices (AMD) appears to have modified some of its gaming GPUs for use in mining cryptocurrencies. In August 2017, the company launched a beta version of its Radeon Software Crimson ReLive Edition Beta for Blockchain Compute graphics card driver, according to a Coin Telegraph report (http://cnw.fm/YO72i). Earlier in the year, the company had reported “elevated demand” from crypto-miners.

GPU market leader Nvidia (NVDA) is also experiencing a surge in demand for its crypto-mining gear. In a recent earnings call, its CEO stated that “cryptocurrency and Blockchain are here to stay.” The company expects this part of its business to grow as more currencies pop up all the time, opening a completely new market for GPUs. Nvidia plans to tap this segment by offering a special coin-mining SKU (stock keeping unit), a dedicated GPU that meets the needs of cryptocurrency miners, which will cost less than a regular GPU.

Many of these new chips may end up mining coins from tZero, a subsidiary of Overstock.com (OSTK). Through tZero, Overstock is planning a mammoth ICO, reportedly to raise up to $500 million (http://cnw.fm/3nSAn). Overstock, initially launched to sell surplus and returned merchandise, now sells close to $2 billion a year in both new and used merchandise. If successful, its ICO would surpass by far the largest ICO to date, which was Filecoin’s $257 million offering.

Meanwhile, Global Blockchain Technologies (BLKCF), through its wholly owned subsidiary, Global Blockchain Mining Corp., has entered into an agreement to acquire a 49.9 percent interest in CoinStream Mining Corp. In turn, CoinStream will acquire an interest in Distributed Mining, Inc. (DMI), which markets cryptocurrency mining software. The DMI technology is likely to be targeted to gamers whose PCs already have powerful GPUs. Anyone with such a machine will then be able to download the DMI software, giving them access to optimized cryptocurrency mining technology.

The blockchain world is fast maturing. What was an interesting fad nine years ago is proving to be the basis for a new paradigm. Presently, blockchain technology is most often employed in cryptocurrencies and payment systems. However, in the future, it is likely to disrupt many industries as exploration of its application in digital identity, asset registration and smart contracts now testify.

For more information on Global Payout, please visit: Global Payout, Inc. (GOHE)
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Dec 07, 2017 5:36 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Secures Definitive Referral Partnership Agreement with GreenRush Group, Inc.

Global Payout (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”) has entered a definitive Referral Partnership Agreement with GreenRush Group, Inc. The partnership agreement provides a new revenue stream to MTRAC through the referral of cannabis-related businesses who enter a contract with greenRush for the use of their e-commerce payment platform and Green Label Platform. Per the agreement, MTRAC also has the opportunity to receive recurring commissions from referrals that result in e-commerce transaction activity conducted on the greenRush platform. “This agreement will give us an opportunity to contribute to the growth of greenRush through our referrals and will also play a vital role in the growth and success of our existing and future clients and partners as we work with them to leverage the resources available through the greenRush platform,” MTRAC COO Vanessa Luna stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Dec 12, 2017 6:20 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Directed by Executive Talent and Experience

Global Payout (OTC: GOHE) has distinguished itself as a premier global payment solutions provider lead by a seasoned executive team. An article discussing this reads: “Founder James Hancock, CEO and chairman of the board of Global Payout, has over thirty years’ experience in multiple executive capacities in financial services, investment banking, mergers and acquisitions, telecommunications and payment processing. Prior to founding Global Payout, Hancock, who holds a Juris Doctorate from the California School of Law, specialized in the financial services sector for 14 years and launched nearly 40 custom-designed prepaid debit card programs. Operating as a prepaid card services company, Hancock soon realized by listening to Global Payout’s customers the need and opportunity for comprehensive and customizable global payment solutions. His business acumen and prescience led to the development of Global Payout’s proprietary Global Reserve Platform (GRP), now recognized as one of the most powerful, customizable and extensible platforms available to provide B2B solutions for the automation of international funds transfer, payments, billing and invoicing processes.”
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