Global Payout, Inc. (GOHE)

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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Dec 13, 2017 6:46 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes LOI with SinglePoint, Inc. (SING)

Payment solutions company Global Payout (OTC: GOHE) this morning said that it has entered a Letter of Intent (“LOI”) with mobile technology provider SinglePoint (OTC: SING). Through this collaboration, Global Payout intends to build on its existing collection of financial technology solutions, including those used by its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary. Additionally, the companies intend to examine potential technology optimization prospects that may be possible through the establishment of a joint venture. “SinglePoint’s knowledge and expertise in mobile payments and other mobile technology offerings is something we believe could be a significant addition to the financial payment platforms we have developed, and are still developing, for our clients in the many different industries we serve. We are also eager to use this agreement as an opportunity to examine how a partnership with SinglePoint can be leveraged to enhance the payment and financial solutions offered by MoneyTrac Technology,” Global Payout CEO James Hancock stated in the news release.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Dec 20, 2017 6:00 pm

Rapidly Growing Cannabis Market Has Massive Impact on Multiple Industry Sectors

CannabisNewsWire Editorial Coverage: As the cannabis industry continues its rapid growth, its overall impact on other industry sectors is also dramatically increasing. There are 11 different sectors currently directly associated with the cannabis industry or play a supporting role, according to the Marijuana Index. While quite a few prominent companies focus on the cultivation, biotechnological product development and marketing of cannabis and hemp products, others engage in the support side of the industry. A great example is Global Payout, Inc. (GOHE) (GOHE Profile), which provides customized payment solutions to optimize global financial transactions. The company’s cannabis endeavors are undertaken by its MoneyTrac subsidiary, which offers solutions designed to overcome payment logistical problems and security threats in the cannabis industry. Among other cannabis-related activities, MoneyTrac is also collaborating with PotSaver brand, a supplier of medical cannabis listings. MoneyTrac’s solutions could prove beneficial for other companies establishing roots in the cannabis industry, including Medical Marijuana, Inc. (MJNA), mCig, Inc. (MCIG), Solis Tek, Inc. (SLTK), and Freedom Leaf, Inc. (FRLF).

With more companies expanding their reach into global markets, it is increasingly important to have access to payment solutions that suit the needs of customers anywhere in the world. The role of traditional banks is shrinking, driven by the demand for improved and innovative financial solutions. Global Payout, Inc. (GOHE) is focused on entrenching itself as a leader in financial technology (FINTECH) and providing customized payment solutions for any type of company that distributes money globally.

Global Payout’s web-based Global Reserve Platform is a configurable solution that can satisfy the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. It improves work flow, operational efficiencies and financial management for businesses operating worldwide, and can be customized for companies in a wide range of business sectors.

The breadth of Global Payout’s FINTECH solutions now ripples into the cannabis industry through the company’s MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, introduced in 2015 to provide alternative and high-risk enterprises with solutions to manage everything from pin debit and virtual currency to compliance and cash flow logistics.

MTRAC provides a solution to overcome payment logistical problems and security threats that plague the cannabis industry. These problems have arisen because marijuana is still classified as an illegal substance at U.S. federal level although legal across most states, which means that cannabis suppliers do not have access to traditional banking options. In August 2017, the company announced that it will incorporate bitcoin as a payment method to overcome these problems for customers of retail and wholesale cannabis outlets.

Global Payout continues to increase MTRAC’s market reach, most recently announcing a collaboration with SinglePoint, Inc. (OTC: SING), a leading provider of full service mobile technology and mobile payment solutions to multiple industries, including the legal cannabis market, with the purpose of maximizing Global Payout’s existing suite of financial solutions (http://nnw.fm/Ytav8), including those offered by MTRAC. Through this joint venture, the company seeks to boost its existing payment and financial technology platforms.

“SinglePoint’s knowledge and expertise in mobile payments and other mobile technology offerings is something we believe could be a significant addition to the financial payment platforms we have developed, and are still developing, for our clients in the many different industries we serve. We are also eager to use this agreement as an opportunity to examine how a partnership with SinglePoint can be leveraged to enhance the payment and financial solutions offered by MoneyTrac Technology, our majority owned subsidiary is focused on offering in the rapidly expanding multibillion dollar cannabis industry,” Global Payout stated in the press release.

MTRAC is also collaborating with its PotSaver brand, a supplier of medical cannabis listings, to launch a publication for the cannabis industry called PotSaver Biz. The first Los Angeles release is scheduled for January 1, 2018, a timely endeavor as the State of California begins licensing recreational marijuana sales next month.

MoneyTrac completed the majority acquisition of PotSaver (http://nnw.fm/3I2dg) at the end of September this year in an agreement that provided the subsidiary with access to immediate revenue as well as PotSaver’s revenue-generating business model of providing community periodical listings on discounted cannabis products. The publication of PotSaver Biz constitutes another revenue stream for MoneyTrac and Global Payout, generated from the sales of paid listings to the countless businesses engaging in the cannabis industry.

Demonstrating the potential of cross-networking within the cannabis industry, MTRAC has also formed a referral partnership agreement with GreenRush Group, Inc. This agreement is expected to provide MTRAC with a direct source of revenue from the referral of cannabis-related businesses who secure a contract with greenRush for the use of its e-commerce payment platform, and Green Label Platform.

“The greenRush e-commerce platform is truly ahead of anything else in our industry today and is one of the most valuable resources available to dispensaries and other companies and brands who need an effective platform to market and sell their products for both B2C and B2B purposes. 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 press release (http://nnw.fm/7uW3w).

An established company engaged in the research and development of cannabinoid-based products, operating in the medical marijuana and industrial hemp markets, Medical Marijuana (MJNA) was the first-ever publicly traded cannabis company in the United States. Its products are developed for the pharmaceutical, nutraceuticals and cosmeceutical industries using patented and proprietary based processes. The company also markets and distributes a range of hemp oil-based products, as well as chewing gum-based cannabinoid infused products for pain relief and other medical disorders. Medical Marijuana recently announced that its HempMeds® Mexico subsidiary generated the largest sales in a single month in November 2017. During the same month, HempMeds® Mexico’s president was invited to address the United Nations and World Health Organization, where he urged both international bodies to recognize the benefits of cannabidiol (CBD) as a nutritional supplement.

mCig (MCIG) is a multidimensional company that operates through five divisions, comprising construction and consulting, CBD, vaporizers, media and supplies. Its construction operation designs, engineers and builds greenhouses for growers in the cannabis and hemp markets. The company also offers a consulting service to cultivators in the cannabis industry. mCig’s cannabidiol division markets hemp-based CBD products, including a private label VitaCBD, while it devotes another division to the sale of e-cigarettes and vaporizers. The company operates a social platform, called 420cloud, to advertise cannabis products and runs another division that supplies legal cannabis. On December 4, 2017, mCig announced that its wholly owned subsidiary focused in hemp cultivation, product research and production, NYAcres, Inc., forecasts total revenue of $10 million in its first year of operation.

Climate control within greenhouses and indoor cultivation facilities is critical for producing cannabis and hemp crops of consistent quality. Solis Tek (SLTK) designs, develops and manufactures indoor lighting and ancillary equipment for horticultural facilities in the USA and globally. It produces innovative LED lighting products that emit less heat than traditional lighting systems, backed up by the use of digital ballasts to enable more accurate control of lighting within a greenhouse. The company also supplies mercury vapor and high-pressure sodium lamps, reflectors and a range of fertilizers and plant nutrients.

Headquartered in Las Vegas, Nevada, Freedom Leaf (FRLF) publishes news for the cannabis, medical marijuana and industrial hemp industry. Its flagship publication is Freedom Leaf Magazine, The Good News in Marijuana Reform, which reports on movements in the cannabis industry as well as lifestyle, arts and fashion. In addition, the company provides a creative marketing and talent agency service for creation and launch of business development and private label products. Freedom Leaf also sells cannabis and hemp oil-based products and is actively involved in mergers and acquisitions in the cannabis industry. On December 5, 2017, the company announced that its subsidiary, Leafceuticals, Inc., had concluded an agreement to purchase hemp from producer Harris Farms, Ltd., Pahrump, Nevada, for the supercritical CO2 extraction of hemp oil in its facility under State of Nevada license NV SB396.

If the fast-developing cannabis market is to sustain its growth, it needs the support of enterprises that can bring advanced technology beyond cultivation and product development to the table. These companies demonstrate that there is room for a diverse range of businesses to add value to this industry and create a climate for them all to thrive.

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

Postby QualityStocks » Wed Dec 20, 2017 6:21 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Announces Development of New Subsidiary for Blockchain Technology Applications in the Trillion Dollar Logistics Industry

Global Payout, Inc. (OTC: GOHE) announced plans to launch a new subsidiary early next year that will focus on supplying chain finance solutions for the logistics industry. The press release noted that the solution suite utilizes a single-client interface for making domestic and international payments with foreign exchange options, and streamlines working capital financing through leveraging accounts receivable. Global Payout, Inc. President, William Rochfort, stated, “By spinning-out a subsidiary whose sole focus will be on advancing the development of a secure and highly-efficient blockchain system, I am confident we will be able to deliver an intuitive logistics network that will contribute to revolutionizing the entire industry.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Dec 27, 2017 5:37 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) CEO Releases Letter to Shareholders

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the release of a year-end letter to shareholders from CEO James Hancock. In the letter, Hancock recaps what he calls an “especially active, yet successful” year for both Global Payout and its majority-owned subsidiary, MoneyTrac Technology, Inc. In particular, he notes the company’s appointment of Vanessa Luna to the position of chief operating officer as a major milestone in Global Payout’s strategic plans. “Without question, one of the most critical events of the year involved the appointment of Ms. Vanessa Luna as Global’s Chief Operating Officer,” Hancock stated in the news release. “Ms. Luna was transitioned over to MoneyTrac to serve as COO and to help spearhead the development of the brand by leveraging the many different strategic partnerships she had already developed within the industry… Once given the green light, Ms. Luna was off to the races, cultivating several new, and incredibly significant partnerships for MoneyTrac.” Hancock concludes the letter by detailing Global Payout’s plans for continued growth in 2018 and thanking the company’s employees and shareholders.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Jan 03, 2018 6:43 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Appoints New CEO

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the promotion of Vanessa Luna to the position of chief executive officer, effective January 1, 2018. Luna previously served as MTRAC’s COO for nine months, playing a key role in positioning the company for its anticipated expansion within the booming cannabis industry. “I mentioned in the 2017 year-end review that was distributed last week that MoneyTrac is very much on the verge of significant growth from a revenue perspective,” James Hancock, MTRAC’s chairman of the board, stated in the news release. “This is due in large part to the hard work and dedication Ms. Luna exhibited in cultivating some incredibly strategic partnerships and acquisitions for the Company. Her elevation to CEO provides the Company with the leadership it will need to foster continued growth and fully capitalize on an industry that is growing faster than any other right now.” David A. Flores will serve as the company’s new COO, transitioning from his previous role as MTRAC’s business development manager.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Jan 04, 2018 4:39 pm

Regulated Cannabis Industry Spawns Enterprises Providing a Diverse Array of Critical Support Services

CannabisNewsWire Editorial Coverage: The regulated cannabis industry has experienced phenomenal growth in the past few years as more states legalize the use of marijuana for either medical or recreational use. Currently, 29 states and the District of Columbia have laws regulating the use of cannabis in some form (http://cnw.fm/fV6lj). California, Washington, Oregon, Colorado and Alaska have the broadest laws for medical and recreational use of cannabis. This has impacted a wide range of companies in industry sectors that provide support services to cannabis growers, biotechnical product developers and retailers. Global Payout, Inc. (GOHE) (GOHE Profile) provides customized payment solutions that enable companies to process and manage electronic payments worldwide. Kush Bottles, Inc. (KSHB) offers packaging solutions for medical and recreational products in the cannabis industry. Terra Tech Corp. (TRTC) supplies hydroponic equipment to cannabis growers for indoor cultivation. General Cannabis Corp. (CANN) provides a range of services to the cannabis industry, including cultivation, production and retail aspects of the business. MassRoots, Inc. (MSRT) operates an online technology platform for the medical cannabis community in the United States.

Founded in 2009, Global Payout (GOHE) has become a leading provider of payment solutions for both domestic and international companies operating in diverse markets, including the rapidly developing cannabis industry. Many of these companies have identified the need to process payments through innovative solutions that provide fast and efficient service to customers all over the world. Global Payout enables global access to technology for optimizing financial transactions with an efficiency that the traditional banking sector cannot provide.

As a leader in financial technology (FinTech), the company has developed its web-based platform, called The Global Reserve Platform, that can be customized to meet the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. Apart from core and traditional banking products, it can process and manage a vast range of other financial products, including online banking, mobile wallets, card management, bill and P2P payments, loans management, international remittances, FOREX and SWIFT/ACH/SEPA payments. The Global Reserve Platform can be customized for enterprises in a wide range of market sectors worldwide to improve workflow, financial management and operational efficiency.

In 2015, Global Payout established its MoneyTrac Technology platform, which offers companies operating in alternative or “high-risk” industries the tools to streamline electronic payment processing, meet compliance regulations and develop an operational structure to facilitate business growth. This technology is perfectly aligned with the rapidly developing cannabis market where startups and entrepreneurs lack the support from the traditional banking sector to move initiatives forward and accelerate growth. Cannabis is still considered an illegal substance on federal level in the United States and as a result banks are not comfortable offering businesses in this industry access to electronic banking for secure payment. MoneyTrac Technology offers these companies an array of services designed to address their specific challenges by providing a secure solution to payment logistical problems. In August 2017, Global Payout’s subsidiary, MoneyTrac Technology, Inc., revealed their intent to incorporate cryptocurrency into their proprietary platform.

On November 30, 2017, it was announced that MoneyTrac would launch a publication for the cannabis industry, called PotSaver Biz, in collaboration with Global Payout’s PotSaver brand, a supplier of medical cannabis. The first release of this publication is scheduled for January 2018, and the company is confident that it will provide another revenue stream through paid listings by the ever-increasing number of enterprises in the cannabis industry. On December 13, 2017, Global Payout announced a collaboration with SinglePoint, Inc. (OTC: SING) to complement its existing payment and financial technology platforms. SinglePoint is a provider of full service mobile technology that will assist Global Payout in maximizing its existing suite of financial solutions.

With a market cap of almost $216 million at close of business on December 27, 2017, Kush Bottles (KSHB) markets and sells packaging solutions and products to the medical and recreational cannabis sectors in the U.S. Founded in 2010, the company also markets its products via its online store, offering an extensive portfolio that includes pop top bottles, reverse cap bottles, child resistant canisters, glass, silicone and polystyrene containers, barrier bags and packaging for vaporizer products. Kush Bottles markets these products to urban farmers, greenhouse cultivators, as well as medical and recreational cannabis dispensaries. On November 28, 2017, the company reported its financial results for its fiscal year ending August 31, 2017, which showed a revenue increase of 129 percent year-on-year to $18.8 million. Working capital was $3.45 million, compared to $2.03 million at August 31, 2016.

Headquartered in Irvine, California, Terra Tech (TRTC) designs, markets and sells its proprietary hydroponic equipment to create sustainable solutions for the indoor cultivation of crops, including cannabis. The company operates through its two subsidiaries, Hydroponic Produce and Cannabis Products. The Hydroponic Produce division markets produce, herbs and floral products. Operating under the name Blüm, the Cannabis Products division operates marijuana retail dispensaries in California and Nevada that offer a range of medical cannabis products, including flowers, concentrates and edibles. This division also produces and sells cannabis flowers and cigarettes, as well as a selection of medical cannabis-extracted products, including concentrates, cartridges, vape pens and wax products. Terra Tech has a market cap of almost $270 million.

General Cannabis (CANN) is an established service provider to the cultivation, production and retail sectors of regulated cannabis industry. The company operates through several divisions, which include real estate, consulting, security, financing and infrastructure products for growing facilities and dispensaries. Next Big Crop joined General Cannabis as a subsidiary in 2015 to offer consulting services for the cultivation, processing and sale of cannabis. Another division, Chiefton Supply Co., designs and manufactures high-quality, customized apparel and clothing for businesses in the cannabis industry, while Chiefton Design creates and develops branding packages for companies. Iron Protection Group is a subsidiary of General Cannabis that provides security services to enterprises within the cannabis industry. On December 21, 2017, General Cannabis signed a two-year contract worth $955,000 to manage a cultivation facility in California, representing the largest single contract the company has ever secured.

MassRoots (MSRT) operates an online technology platform, mainly for consumers, to enable users to follow dispensaries, stay connected with cannabis legalization developments and share their cannabis content. Through free mobile apps that are available via Google Play, iOS App Store, Amazon App Store and the MassRoots website, consumers are able to make educated cannabis purchasing decisions. The company also operates MassRoots for Business, which enables businesses to schedule posts, view analytics and sell merchandise through this online portal. On December 27, 2017, MassRoots announced its action plan to aggressively scale its market share in California. The company intends to leverage its social media following of 500,000 on Facebook, 450,000 on Instagram and 100,000 on Snapchat to grow its network of consumers by rewarding referrals of users and paying businesses on the MassRoots platform.

In an industry that is experiencing exponential growth, the support services offered by these companies is critical to sustain the development of cannabis companies in this market sector. At the same time, these businesses will benefit substantially through the provision of further opportunities for innovation and growth.

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

Postby QualityStocks » Thu Jan 04, 2018 4:48 pm

Global Payout, Inc. (GOHE) Offers Transnational Finance Tech Solutions in Expanding Marketplace

- 2018 is expected to bring further fintech growth worldwide
- Global Payout services empower global industries through chain finance solutions
- Global Reserve Platform and new subsidiary will target logistics and shipping payment needs

As fintech industries enter the new year, corporate entities building blockchain capacity such as Global Payout, Inc. (OTC: GOHE) are looking for blue sky opportunities in the rising popularity of cryptocurrency as a means of financing international commerce, as well as providing e-commerce accessibility to the most remote of rural enterprises.

A Forbes report found that political-economic uncertainty over recent governments’ efforts to limit foreign influences and tie their administrations more closely to localized nationalist sentiments may drive further interest in cryptocurrencies that businesses can use to break down cross-border barriers (http://nnw.fm/2OrGO). Expatriates from a variety of countries are turning to blockchain-powered fintech companies to send funds earned from their employment homes to loved ones in their nation of origin.

Amid the ongoing sea change in the global payment industry as institutions seek ways to boost instantaneous transnational accessibility and lower cross-border transaction-related costs, Global Payout is expressing excitement about an “especially active, yet successful” year for the company and its majority-owned subsidiary, MoneyTrac Technology, Inc., which is establishing a crypto-financial network geared toward the regionally legalized recreational cannabis industry.

Last year, Global Payout launched the Global Reserve Platform (“GRP”), which it describes as a customizable, “banking-in-a-box” system that offers resources for front-to-back office processing in domestic, foreign exchange and international payment services (http://nnw.fm/e0Ahw). In December, the company announced plans to launch a new subsidiary early this year focused on delivering chain finance solutions for the logistics industry. The new subsidiary will use a single client interface to simplify payments on a domestic and foreign exchange level and to eliminate barriers for working capital financing.

“Blockchain technology has the potential to lead a major shift in the systems that are used to manage every process that is involved with managing the logistics supply chain. By spinning-out a subsidiary whose sole focus will be on advancing the development of a secure and highly-efficient blockchain system, I am confident we will be able to deliver an intuitive logistics network that will contribute to revolutionizing the entire industry,” company President William Rochfort stated in a news release announcing the plans (http://nnw.fm/4EITc).

The news release states that the United States is increasingly dependent on global supply chains for goods and services and that freight movement and related logistics comprise a $1.5 trillion industry in that nation alone. Global Payout’s experience with blockchain technology is something it can leverage in providing solutions to a massive industry struggling to keep up with the demands on software systems that such a wide-reaching supply network creates.

The success of cryptocurrencies, even amid recent market fluctuations in bitcoin trading (http://nnw.fm/Fx5qK), shows a worldwide market eager to embrace alternatives to standard banking options and the dissonance between nations’ currencies. Cannabis-related industries, in particular, see cryptocurrencies as an essential part of their commerce, since many countries, including the United States, continue to regard the drug as potent enough to regulate or ban despite acceptance in select regions on a more localized government basis (http://nnw.fm/wlR3D), which shuts them out from bank industry benefits. GOHE’s MoneyTrac spinoff is positioned to handle regulatory compliance and the transaction tracking needs for these companies. Working with affiliated partnerships, MoneyTrac empowers cannabis industry merchants to access an audited, legally compliant financial system.

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

Postby QualityStocks » Tue Jan 09, 2018 6:18 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Marketing Agreement with High Grade Management Group, Inc.

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a sales and marketing management agreement with High Grade Management Group, Inc. (“HGMG”) to guide the development and implementation of a sales and marketing campaign in support of the launch of HGMG’s Apple Vapes products, a line of high-quality vape pens, chargers and oils. “This Agreement is an excellent opportunity for MoneyTrac to play a strategic role in developing effective brand awareness for HGMG’s Apple Vapes product line,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The support and expertise that I anticipate our business development team will be able to lend to HGMG will undoubtedly provide them with the invaluable tools and resources necessary to take full advantage of a rapidly expanding marketplace.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Jan 11, 2018 7:06 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Outlines Plans for Cannabis-Focused Token Offering

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that, by way of a variety of key strategic partnerships established in recent months, it has effectively positioned itself to move forward with the co-launch of its regulatory compliant token offering. Expected to launch in the first quarter of 2018, the token will be aimed at offering businesses in the booming cannabis industry an effective, decentralized payment system in an effort to combat the market’s longstanding payment restrictions. “MoneyTrac’s primary objective has been, and will continue to be, to serve the legitimate and profitable businesses of the cannabis industry by effectively addressing the financial technology and banking challenges they are faced with,” Vanessa Luna, CEO of MTRAC, stated in the news release. “Right now, one of the biggest and most daunting challenges they face is having to run their businesses strictly on cash… Our regulatory compliant Token Offering will revolutionize how these businesses operate and help MTRAC further its objectives for identifying various partnerships and cultivating the relationships necessary to pave the way for alternative banking solutions.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Jan 16, 2018 7:20 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Announces Launch of SecurCapital Corp. Subsidiary

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the launch of a newly-formed subsidiary focused on logistics supply chain finance. Per the update, SecurCapital Corp. will focus on introducing a disruptive ‘one-click solution’ to FINTECH services in the underserved supply chain finance marketplace, which is currently valued at roughly $800 billion globally. “Clearly, there has been a monumental transformation influenced by FINTECH, Blockchain and alternative banking options within the global payment landscape,” James Hancock, CEO of Global Payout, stated in the news release. “Traditional financial institutions are not positioned to serve global logistics payment requirements for secure access, integrated foreign exchange, and international payments or access to adequate working capital. SecurCapital will be providing a new financial pathway for the global logistics industry. Furthermore, we anticipate SecurCapital will become a significant revenue generator that should strengthen our suite of services and deliver value to the parent company, Global Payout.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Jan 18, 2018 7:49 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces JV Agreement with Crypto Value Management System, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has entered a joint venture partnership with Crypto Value Management System, LLC (“CVMS”), a Delaware-based company that has secured an exclusive California license for a cryptocurrency exchange platform. Per the update, this platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of market sectors, including the rapidly expanding cannabis industry. “Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit of banking the ‘un-bankable’ within the cannabis industry,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The exclusive licenses CVMS has worked diligently to acquire in the State of California are critical pieces to the foundation we are developing for a token exchange platform that will become one of the most valuable resources to businesses in an industry where millions of dollars are exchanged in commerce every day.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Jan 22, 2018 5:30 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Nearing Launch of Official Audit

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the official initiation of its formal audit will likely commence in early February, with filing of the company’s Form 10-K expected sometime in March. Per the update, Global Payout’s progress toward this milestone signifies that it has made great strides in developing a strong base from which to build competitive subsidiaries in several key market sectors. “Over the years the core strategy of Global Payout has shifted significantly, from our inception as a prepaid card company to the present goals of incorporating cloud banking features into several key market sectors,” Jim Hancock, CEO of Global Payout, stated in the news release. “The strength of Global Payout has been its resilience during this time of transition, but we feel confident that the best way to move forward for us and our shareholders is to become fully reporting, so that we can provide the best possible support to our subsidiaries while they meet their full potential.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Jan 25, 2018 7:59 pm

Blockchain to Streamline Cumbersome International Trade Transactions

NetworkNewsWire Editorial Coverage: Within the international trade and finance sector, logistic companies need to better streamline their payments and documentation flow. A methodology to solve this issue in the FINTECH marketplace is blockchain technology applied to Supply Chain Finance. This allows encrypted data on all facets of international transactions, from payments to bills-of-lading to delivery data, and for the accumulating record to be privately shared among banks, shippers and traders. With the formation of its new SecurCapital Corp. subsidiary, Global Payout, Inc. (GOHE) (GOHE Profile) is addressing the supply-chain finance needs of mid-tier logistics companies while joining a growing number of other innovators utilizing the benefits of blockchain. Among them are Hive Blockchain Technologies Ltd. (HIVE.V), Cboe Global Markets (CBOE), Long Blockchain Corp. (LBCC) and BTL Group (BTLLF).

A Solution in the Making

The expansion of global commerce over the past two decades has made legacy systems for handling international logistics and financial transactions obsolete. As a result, traders are now abandoning these dated industry mainstays in favor of more advanced, efficient platforms.

Global supply chains are increasingly complex; as the number of suppliers grows, so too does the number of transactions, and therefore the depth of supply chains.

The present-day “need for speed” in the execution of secure payments in global commerce has particularly overburdened existing paper-based back offices, which often rely on faxes, phone calls and paper-ledgers to execute transborder transactions.

In the logistics industry, legacy in-house systems muddle efficiency and hamper business potential.

To help speed and secure international transactions, Global Payout, Inc. (GOHE) in January launched a new logistics industry serving subsidiary, SecurCapital Corp., to modernize logistics record-keeping through supply-chain finance.

“Clearly, there has been a monumental transformation influenced by FINTECH, Blockchain and alternative banking options within the global payment landscape,” Global Payout CEO James Hancock stated in the press release announcing the new subsidiary (http://nnw.fm/meHB1). “Traditional financial institutions are not positioned to serve global logistics payment requirements for secure access, integrated foreign exchange, and international payments or access to adequate working capital. SecurCapital will be providing a new financial pathway for the global logistics industry. Furthermore, we anticipate SecurCapital will become a significant revenue generator that should strengthen our suite of services and deliver value to the parent company, Global Payout.”

Designed as a “one-click solution” to the $800 billion global supply-chain marketplace, SecurCapital’s blockchain technology offers a cloud-based business-to-business (B2B) platform for global payments, FOREX, and accounts-receivable factoring, all with secure multi-factor authentication to mitigate risk and cut costs.

The SecurCapital Platform incorporates blockchain technology for maximum security of every process within the logistics supply-chain. It links buyers to sellers and underlying supply-chain participants to optimize cash flow, helping buyers to lengthen payment terms even while vendors and suppliers take the option of more-rapid payment, through a process dubbed “reverse factoring.”

Global Payout recognizes that many mid-tier logistics companies utilize antiquated systems for administration and freight payment management, unaware of the potential that awaits. With its SecurCapital Platform, the company anticipates playing a vital role in the progression of the logistics industry.

“The cold, hard fact is that one-third of the logistics industry still runs on Excel and older legacy in house systems for freight payment. Research shows that there is not only a lack of innovation, but also a lack of understanding of what FINTECH is and its potential impact on the logistics industry. Our goal is to offer the industry Supply Chain Finance solutions designed by actual logistics professionals to reduce cost of payments, FX, improve working capital liquidity, and gain dashboard visibility while leveraging the latest cloud-based FINTECH innovations,” explained SecurCapital CEO Stephen J. Russell.

The value of Russell’s appointment as CEO lies in his experience as a veteran logistics executive, previously serving as CEO, COO, founder and EVP in public and private logistics companies worldwide. He is also an early cloud pioneer, serving as the president and CEO of Salesforce.com – Asia Pacific (NYSE: CRM) and their launch in the Asia and Australia Region.

“Banking-in-a-box” Remains Core Design

Established in 2009, Global Payout has long-held an established position as a provider of comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide.

At the core of the new SecurCapital Platform is the technology behind Global Payout’s Consolidated Payment Gateway (“CPG”), a fully configurable “banking-in-a-box” web-based platform that can fulfill the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. This platform is designed to improve work flow, operational efficiencies, and global financial management for enterprises operating across the globe.

With a sweeping set of capabilities, CPG can manage core and traditional banking products, online banking, card management, mobile wallets, merchant payment processing, biometric payments and authentication management, bill payments and P2P payments, international remittances, government benefits management, loans management, FOREX, and SWIFT / ACH / SEPA payments.

Powered by the Global Reserve Administrative module, the platform can be customized for enterprises across a multitude of business sectors, as evidenced in the creation of SecurCapital for the logistics industry.

The Trade Finance Future is Fintech

The international consultancy Accenture (ACN) recently advised banks to migrate to online and blockchain technology to remedy the bogged-down transnational logistics and finance sector, and further warned that doing so “will be key for banks to safeguard their position and continue to drive growth.” Banks must extend “the traditional trade finance products with sophisticated, online access and with supply chain offerings,” suggested Accenture, or lose relevancy (http://nnw.fm/yet9S).

The consultancy added, “Banks are therefore modernizing their trade finance platforms, opting for proven technology solutions and maximum simplification and automation of processes.”

In the future, some fintech denizens envision not just banks, traders and suppliers connected by blockchain technology, but also port officials and certain freight providers. Others contend that blockchain technology will be essential to reducing counterfeiting and raising food quality standards in international and even domestic trade.

The first trade-finance transaction using blockchain technology was claimed in September by bank Barclays and an Israeli start-up, when parties handled a $100,000 shipment of cheese and butter exports from Ireland to the Seychelles Trading Company. Participants said the blockchain platform shrank to hour hours a process that generally takes seven to 10 days.

Peers in the Blockchain Space

The plan of Hive Blockchain Technologies (HIVE.V, HVBTF) is to build bridges from the blockchain sector to traditional capital markets. HIVE has partnered with Genesis Mining Ltd., touted as the world’s largest cloud-based blockchain and cryptocurrency mining company, to build the next generation of blockchain infrastructure. HIVE owns state-of-the-art GPU-based digital currency mining facilities in Iceland, which produce newly minted virgin digital currency like Ethereum around the clock, and is in the midst of a major expansion of operations into Sweden. HIVE claims a healthy balance sheet, a reserve of cryptocurrency, and operations in low-cost-energy environments. It plans to use flexibility afforded by Genesis infrastructure software to identify and profitably exploit existing, emerging and new cryptocurrencies.

Cboe Global Markets (CBOE) on January 17 reported its first settlement of January expiry Cboe bitcoin (XBT) future, at $10,800, and thus the exchange-operator officially finalized its entry into the cryptocurrency and blockchain sector. In addition to its recent bitcoin foray, Cboe operates as an options exchange various market indexes such as the S&P 500 of VIX, options on listed stocks; and options on other exchange-traded products, such as exchange-traded funds and exchange-traded notes. The key take-away is that the addition of bitcoin futures to the Cboe portfolio or products allow bitcoin users to hedge, thus reducing risks in the use of the cryptocurrency.

Cboe Global Markets changed its name from CBOE Holdings in Oct. 2017, and has roots extending back into the open-cry trading floor of the Chicago Board of Exchange.

Long BlockChain (LBCC) earlier this month announced its letter-of-intent with the private Stater Blockchain Ltd., a developer of scalable blockchain technology for financial markets. Stater’s subsidiary, Stater Global Markets, is a regulated brokerage that facilitates market access across multiple instruments including spot FX, digital currency futures and contracts for difference. Long Blockchain, formerly the Long Island Iced Tea Co., said if the agreement and a related stock-transaction with Stater are consummated, they will complement its previously announced deal to acquire 1,000 China-made Antminer S9 mining rigs and related power-supply equipment, to be installed in Sweden.

BTL Group (BTL.V, BTLLF) is a developer of blockchain technologies with business and financial applications. BTL Group contends its Interbit is a secure, user-friendly multi-chain platform that enable enterprises to build custom applications in trading, settlement, remittance, audit, and back-office processes. Its technology platform Xapcash, combined with its Interbit, intends to leverage blockchain technology to create “cash-in cash-out’ settlement solutions from Canada and the United Kingdom to target countries. BTL Group, which primarily serves the finance, energy, and gaming sectors, has collaborated with VISA Europe on a pilot program to develop a cross-border settlement solution, emphasizing scalability, security and privacy. In December Victory Square Technologies Inc. (VST, VSQTF) appointed Guy Halford-Thompson, co-founder and former CEO of BTL Group to its advisory board.

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

Postby QualityStocks » Thu Jan 25, 2018 8:10 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Exploring Potential Strategic Partnership with Eyeconic.TV

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a Letter of Intent with Eyeconic.TV, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses. Per the update, the execution of this LOI will provide the companies with an opportunity to thoroughly explore the possibility of establishing a strategic partnership. “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial to both of our companies in terms of creating new revenue streams as well as becoming a contributing factor to the growth of both of our companies in the cannabis industry,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The digital media platform Eyeconic has developed is an impressive and truly valuable advertising and marketing tool for dispensaries and other products and brands throughout our industry, and I believe it is something we can successfully incorporate into our expanding suite of valuable sales and marketing services, in addition to utilizing it to support the continued growth of our PotSaver publication.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Jan 29, 2018 5:32 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail cannabis is something that cannot be understated,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The ICS team carries several years of valuable experience with them in the field of regulatory compliance solutions and financial technology services for banking, and their integration into the banking solutions we are dedicated to delivering to the cannabis industry is not only significant, but essential to our commitment of providing retail cannabis businesses with the most compliant and regulated banking solution available.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Jan 30, 2018 5:44 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Participate in International Fintech and Blockchain Conferences

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning released the upcoming schedule of its logistics supply chain finance subsidiary, SecurCapital Corp., related to its participation in industry leading fintech and blockchain conferences in China, the United Kingdom and the United States. The company intends to participate in a number of upcoming events, including the Global Fintech & Blockchain Conference taking place April 12-13 in Shanghai, China; MIT Fintech taking place March 10-11 in Cambridge, Massachusetts; the LendIt Fintech Conference scheduled for April 9-11 at the Moscone Center in San Francisco, California; and the London Fintech World Forum set for May 30-31 in London, England. Per the update, SecurCapital will leverage these events as opportunities to exhibit its SecurCloud Platform (“SCP”) business-to-business solutions for global logistics payments, FX, account receivable financing and M&A with secure multi-factor authentication designed to mitigate risk and reduce cost. “The global launch of SecurCapital will demonstrate its web enabled supply chain finance solutions and its dynamic impact on the logistics industry,” Global Payout CEO James Hancock stated in the news release. “Traditional financial institutions are not positioned to serve global logistics payment requirements for secure access, integrated foreign exchange, international payments or access to adequate working capital.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Jan 31, 2018 5:49 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) MTRAC Subsidiary Announces Potential Partnership with POS Company

Shares of Global Payout (OTC: GOHE) are up 13% after the payment solutions company this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”) is in the final stage of discussions for a partnership with a leading Point-Of-Sale Company. The Point-Of-Sale company currently offers businesses in various industries an end-to-end suite of technology services. MoneyTrac’s management team is assured they will work effectively through the terms of the partnership which MTRAC CEO Vanessa Luna, described as “The final piece to a very robust puzzle offering a full suite of financial services to multiple high-risk credit industries.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Feb 05, 2018 4:14 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Adds Fintech Veteran to Management Team

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced its appointment of Bill Rochfort to the positions of president and EVP Sales for its newly-formed logistics subsidiary, SecurCapital Corp. Rochfort brings 25 years of fintech experience to the SecurCapital team – including time as an officer with Premier Global Services, Intermedia, Sprint and Cbeyond – and is noted as an early adopter of cloud architecture. “We’re very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform,” James Hancock, CEO of Global Payout, stated in the news release. “Clearly, there has been a monumental paradigm shift in the underserved supply chain finance industry attempting to incorporate a wide breath of Fintech and Blockchain alternatives. Traditional financial institutions are not positioned to serve the industry payment requirements for secure access, integrated foreign exchange, speed, international payments or access to adequate working capital. Leveraging years of international finance experience, Bill will be instrumental in driving the SecurCapital value proposition to our customers.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Feb 06, 2018 5:23 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Sales Partnership Agreement with Eyeconic.tv

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a sales partnership and commission agreement with award-winning retail technology company Eyeconic.tv, operator of the Eyechronic cannabis media network that has successfully partnered with almost 300 medical and retail dispensaries throughout the U.S. Per the terms of the agreement, MTRAC will effectively incorporate Eyeconic.tv’s retail technology products and in-store media services in an effort to better reach customers of the multibillion dollar cannabis industry. “Establishing this sales partnership with Eyeconic.tv is an incredibly effective way to deliver more value to the solutions and services we are providing to cannabis-related businesses,” Vanessa Luna, CEO of MTRAC, stated in the news release. “The Eyeconic.tv team are true pioneers in the digital marketing and advertisement space and have established themselves as the premier provider of these services throughout the cannabis industry. I am pleased they recognize the value we can bring to their brand through the network of dispensaries we have created through our PotSaver publication, as well as through the invaluable expertise our team offers in developing and implementing successful sales and marketing strategies.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Feb 08, 2018 7:05 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Pursuing Launch of Cannabis-Focused Cryptocurrency

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it is completing the final steps and required due diligence for the impending launch of a Regulation D, Rule 506(c) security offering centered around the company’s MTRAC-Token. MTRAC anticipates leveraging this new token as a critical resource for providing banking services throughout the emerging multi-billion dollar cannabis industry. Per the update, the cannabis-focused cryptocurrency is currently on pace to launch by the end of the first quarter of 2018. “The MTRAC-Token is something that I truly believe will be first of its kind in the cannabis industry,” Vanessa Luna, CEO of MTRAC, stated in the news release. “With the way we are currently structuring this security offering, accredited investors who may have been reluctant to invest in something within the cannabis industry will be given a unique opportunity to pave the way to provide financial solutions for an underserved industry.”
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