Global Payout, Inc. (GOHE)

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Global Payout, Inc. (GOHE)

Postby QualityStocks » Thu Aug 10, 2017 8:32 am

Global Payout, Inc. provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide. The company is committed to enabling global access to technology for optimizing financial transactions and delivering a global financial eco-system with top-tier banking institutions and the highest level financial technology partnerships.

Today, more than ever before, commercial enterprises and government institutions need powerful financial technology solutions that have the flexibility to deliver innovative customer centric services and drive operational efficiency gains throughout the organization. The Global Reserve Platform is Global Payout’s 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.

The Global Reserve Platform can manage practically any financial product, including 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.

Investment in financial technology (FINTECH) companies has grown dramatically in recent years with the role of today’s banks shrinking and demand for improved financial solutions continuing to rise. As the industry has continued to expand rapidly, Global Payout’s management team has directed its focus on identifying the most promising market sectors with FINTECH needs. The four core areas selected are logistics, small and medium enterprises (SME), banking and travel.

In 2015, Global Payout introduced MoneyTrac Technology Inc. as a majority owned subsidiary to more effectively focus on the development of financial technologies that specifically address many of the challenges that enterprises in a variety of alternative and “high-risk” market sectors are faced with in processing financial transactions. Powered by Virtu Network Solutions, the MoneyTrac Technology platform is one the most configurable and intuitive financial technology platforms available to alternative and “high-risk” enterprises and provides them with solutions that effectively manages everything from pin debit and virtual currency, to compliance and cash flow logistics.

With the global economy constantly becoming more diversified and connected, Global Payout is well positioned with the technology software solutions its team has developed to address many different needs worldwide. Management has committed itself to exploring and identifying every avenue possible for further establishing itself as a recognized leader in FINTECH solutions.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Aug 14, 2017 5:29 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with Cagney Global Logistics

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it has finalized and fully executed a licensing agreement with Cagney Global Logistics for the exclusive white labeling and implementation of the Global Reserve Platform. The new platform will be integrated into Cagney’s existing delivery and payment component, the Final Mile solution, in order to enhance its Fortune 500 customer web sales. “Our technical team has been diligently working to address the specific needs and requests that have been presented to us by Cagney,” William Rochfort, president of Global Payout, stated in the news release. “In this time, we have developed a more in-depth understanding as to how the intricate components available in our Global Reserve Platform can be configured to deliver a platform for Cagney that will completely enhance the logistics supply chain process experience for its customers and delivery partners.” Global Payouts expects to begin generating revenue related to this licensing agreement as early as the beginning of the third quarter of 2017.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Aug 21, 2017 3:58 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizes Business Development Agreement with Pot Saver

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has finalized a business development agreement with Pot Saver, a Southern California-based community periodical providing listings on discounted cannabis-related products for local dispensaries and shops. “With the medical and recreational cannabis industry growing at an unprecedented rate in California, we are determined to be conscious of the multiple opportunities that currently exist, or that we can create for MoneyTrac to further expand its brand throughout the industry as well as tap into every available revenue source possible,” Vanessa Luna, COO of MoneyTrac, stated in the news release. “This agreement with Pot Saver is an excellent opportunity for us to offer the industry-specific business development expertise we have acquired to help further Pot Saver’s go-to-market strategy, while simultaneously creating a new source of revenue for our company as we continue to expand our own brand throughout the industry.” IGC expects MoneyTrac to generate revenue earnings from service agreements facilitated on behalf of Pot Saver as early as the fourth quarter of this year.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Aug 28, 2017 4:41 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Targeting Cannabis Industry through Launch of Bitcoin Payment Solution

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it will incorporate bitcoin as a payment method for retail and wholesale customers in the cannabis industry, providing a solution for the banking issues that currently face legal cannabis businesses. In support of this initiative, the company’s majority-owned subsidiary, MoneyTrac Technology, Inc., will leverage its virtual financial wallet technology to eliminate cash payments for cannabis at retail stores. “Since there is an inability to access commercial banks for merchant bank accounts, we feel it is imperative to focus on currency alternatives such as bitcoin to service cannabis industry transactions,” Jim Hancock, founder and CEO of Global Payout, stated in the news release. “Furthermore, our payment system is completely ready for use. It will not require a great deal of time or money to incorporate bitcoin into the equation.”
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Aug 30, 2017 3:54 pm

Standout Fintech Companies Disrupt the Financial Services Landscape

NetworkNewsWire Coverage: The growth potential for FINTECH is significant, and the opportunities for disruptive innovation within this burgeoning market are virtually endless. Goldman Sachs has projected that new entries in FINTECH stand to disrupt more than $4.7 trillion of revenue from traditional financial services companies.1 The emerging FINTECH market is still in its infancy, but investor attention has been substantial, and entities have been raising large amounts of venture capital within this space. In 2015, the value of global FINTECH investment increased by 75 percent, reaching $22.3 billion.2 Standout publicly traded innovators making strides within the FINTECH market include Global Payout, Inc. (GOHE) (GOHE Profile), Square, Inc. (SQ), PayPal Holdings, Inc. (PYPL), Jack Henry & Associates, Inc. (JKHY) and SS&C Technologies Holdings, Inc. (SSNC).

Global Payout (GOHE) is focused on next-generation B2B solutions for automating international funds transfer, payments, billing and invoicing processes. Founded in 2009 as a prepaid card company, Global Payout has now evolved to provide comprehensive payment solutions that can be fully customized to meet the needs of virtually any domestic and international organization distributing money throughout the world.

The company’s proprietary Global Reserve Platform (GRP) platform is touted as the most powerful, customizable and extensible platform for managing any financial product, including core and traditional banking products; mobile, web and bot banking; prepaid card, debit card and credit card management; mobile wallets; and more.

Focused on business-to-business needs, this technology enables Global Payout to deliver the necessary infrastructure for financial institutions, corporations, brands and governments to launch and then successfully manage payment and next-generation commerce products. The company’s product suite is global-ready and incorporates document delivery, virtual and mobile payments, loyalty and other back-office card management solutions.

As discussed in a recent corporate interview (http://nnw.fm/x9OSy), GRP is in the process of integrating blockchain technology within virtual currency markets such as bitcoin; currently adopts 26 foreign languages; performs currency exchange worldwide; and offers compliance in KYC for all account holders and merchants.

While Global Payout is primarily focused on logistics and shipping, international travel companies, banks and small-to-medium-sized businesses, the company has also identified areas of interest in cryptocurrency and cannabis.

The application of FINTECH in this regard is demonstrated in a deal between Global Payout’s majority-owned subsidiary, MoneyTrac Technology, Inc. (MTRAC), and H Smart Inc., a division of Marijuana Company of America. Per the agreement, announced in early August (http://nnw.fm/2lvKq), H Smart will use the technology offered through MTRAC’s platform to pay commissions for its affiliates. Global Payout anticipates that these load payments and bank account transfers will create significant revenue for MTRAC, which will be realized during this fiscal quarter. This arrangement also provides MTRAC an opportunity to indirectly enter the multi-billion-dollar cannabidiol (CBD) market, as H Smart is engaged in developing and distributing innovative wellness and CBD products.

Another recent agreement, dated August 14 (http://nnw.fm/q5L8I), reveals another revenue stream for Global Payout through a licensing agreement with Cagney Global Logistics. This agreement is for exclusive white labeling and implementation of the GRP into Cagney’s existing delivery and payment component. The finalization of this marketing agreement is anticipated to provide Global Payout with a revenue stream as soon as the start of the third quarter while providing Cagney with improved payment and supply chain efficiency.

“The Global Reserve Platform provides Cagney Global Logistics, our e-commerce customers, and ‘Final Mile’ delivery partners anywhere in the United States, a true market differentiator for streamlining payment solutions and pipeline visibility. Home and office web sale deliveries for the exploding ‘e-tailer’ marketplace is by far the hottest space in logistics today. Customer success is our goal, and Global Payout has provided us with a truly unique solution to speed delivery, payment options and cloud based control tower visibility,” Cagney founder and CEO Tom Cagney stated in the press release.

A broader look at Global Payout demonstrates the company’s position as a problem solver to companies in need of quick and cost-effective payment solutions, led by a management team with foresight to explore, adapt and grow within changing market opportunities.

Another well-known FINTECH player, Square, Inc. (SQ), started out in 2009 by providing businesses with a means of accepting card transactions via mobile devices and has since grown into a full-service payments solutions platform, helping sellers of all types and sizes form, operate and grow their businesses. Square helps sellers accept card payments and provides them with reporting and analytics information, next-day settlement and chargeback protection. The company’s point-of-sale software and other business-related services assist sellers with managing their inventory, locations and workers; accessing financing; engaging customers; and increasing sales.

PayPal (PYPL) is also a well-known standout in the FINTECH industry and is focused on democratizing financial services and enabling individuals and businesses to take part in—and thrive in—the global economy. PayPal’s open digital payments platform emboldens the company’s 210 million active account holders to connect and transact with confidence no matter what type of device they are using. Through both strategic partnerships and technological innovation, PayPal provides superior means of managing and moving money and also gives users options and flexibility for paying, sending payments and getting paid. The PayPal platform, which includes Braintee, Venmo and Xoom, is available in more than 200 markets globally and lets consumers and merchants receive money in over 100 currencies, withdraw money in 56 currencies, and hold PayPal account balances in 25 currencies.

Jack Henry & Associates, Inc. (JKHY) is another leader in providing computer systems and electronic payment solutions, chiefly for financial services organizations. The company’s solutions serve over 9,000 customers throughout the United States, and Jack Henry & Associates offers over 300 products and services that enable customers to process financial transactions, automate their business, and achieve success in a marketplace that is increasingly competitive. The company has three bands—Jack Henry Banking, Symitar and ProfitStars—and each supports financial institutions of varying sizes, diverse businesses operating outside of the financial industry, and other technology providers. Whether customers desire to drive efficiencies, enhance compliance, improve platform integration, customize systems or change operating environments, Jack Henry & Associates provides proven technology and support to revolutionize their businesses and help them progress.

SS&C Technologies Holdings, Inc. (SSNC) is a global financial services software and software-enabled services provider catering to the global financial services industry. About 11,000 financial services organizations, ranging from huge global institutions to local firms, utilize SS&C’s products and services to manage and account for their investments. In 30 years of operation, SS&C has created a comprehensive array of software technology within the financial services industry.

It’s an exciting time for investors to get involved in the FINTECH marketplace, as new developments and innovations forever change the financial services landscape. FINTECH companies like those mentioned present promising opportunities and exciting innovations within this growing market.

Editorial Sources:
1) International Trade Administration: http://nnw.fm/f9y7V
2) Accenture Consulting: http://nnw.fm/7KgQi
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Tue Sep 05, 2017 3:33 pm

Global Payout, Inc. (GOHE) is at the Vanguard of the FINTECH Revolution

- Global Reserve Platform makes international payments seamless
- Company offers solutions for the $15 trillion global logistics industry and high-risk sectors
- “Banking in a Box” platform provides full front-to-back office processing for banks

As the nature of banking continues to evolve with customer demands for streamlined convenience, forward-thinking banks are increasingly adding a variety of services to their core offerings. The twentieth century saw the maturation of this process with the advent of universal banking and the emergence of banking behemoths like Citibank. Now, the forces that drove amalgamation appear to have run their course, and the services bundled in that era of consolidation are being unbundled by the application of digital technology to financial services. Will this mean the end of traditional banks or simply their metamorphosis? Whatever the future holds, FINTECH visionary Global Payout, Inc. (OTC: GOHE) is likely to be a part of it.

Global Payout is the developer of a fully configurable web-based platform created to fulfill the front-to-back office processing requirements of financial and other institutions. Designed as a “banking-in-a-box” solution, the company’s Global Reserve Platform (GRP) enables financial institutions to create customized SaaS solutions, providing domestic and international companies access to a single system that can be used to pay employees, contractors, agents and suppliers, regardless of their location.

The company’s adaptive solutions reveal a deeper FINTECH revolution. While established companies like IBM are building software systems and IT infrastructure for traditional banks, insurers and asset managers, their systems remain antiquated and high cost. Newer players are offering digital solutions to the financial industry and independent consumers and organizations that lower costs and maximize speed and efficiency.

The smart money has taken notice. Total global investment in FINTECH for the second quarter of 2017 was $8.4 billion, twice that recorded in the first quarter of 2017, according to KPMG’s latest FINTECH report (http://nnw.fm/Yc4De). Investors are showing interest in business-to-business (B2B)-related FINTECH opportunities, like Global Payout’s GRP, as banks scramble to reduce their cost base. Since a majority of customers have access to the Internet and some form of digital device, costly branch services are being deemphasized in favor of online distribution channels.

FINTECH is also stripping away services from the aegis of banks and other depositary institutions. For example, you don’t have to be a bank to make loans, as Lending Club, the peer-to-peer lending platform, has demonstrated. The 11-year-old company lends roughly $2 billion every quarter, significantly more than many longer-established savings & loans, and you don’t have to be a bank to want faster, easier ways to pay suppliers, manage working capital, or finance new trade opportunities. As world trade increases, payment mechanisms in the logistics industry are falling behind, with suppliers having to wait over a month, in some cases, for payment. Just as traditional banking developed mostly to facilitate trade and commerce, the advances in FINTECH have developed as a natural solution to the challenges faced by the logistics sector.

Global Payout’s GRP can ease some of those hardships. Its SaaS infrastructure can handle a variety of financial services, including but not limited to debit and credit cards; mobile wallets; merchant processing; bill payment and person-to-person (P2P) payments; international payments; loans management; FOREX; and payments made through SWIFT (Society for Worldwide Interbank Financial Telecommunication), ACH (Automated Clearing House) or SEPA (Single Euro Payments Area).

While Global Payout is initially focused on providing its solutions to the logistics market, a quick glance at its developments in the last year shows additional applications of FINTECH to a diverse lineup of industries, including those considered “high risk.” Marijuana Company of America (OTC: MCOA), which earlier this year invested $250,000 into Global Payout’s MoneyTrac Technology subsidiary, last year selected Global Payout as its financial solutions provider. The recent investment was designated to help establish MoneyTrac as an alternative banking solution to the cannabis industry, enabling MCOA to integrate and streamline electronic payment processing, such as E-Wallet and mobile applications, as well as manage and process prepaid cards, debit cards, and credit card payments.

In light of the evolving FINTECH market, along with the needs of logistics and high-risk industries like cannabis, Global Payout’s services couldn’t have come along at a better time.

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

Postby QualityStocks » Tue Sep 05, 2017 3:43 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Looks to Achieve Fully Reporting Status within 60 Days

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it is currently in the process of completing its financial audit in preparation for the filing of Form 10-K, which the company expects will be completed within the next 60 days. “We are very pleased to have kicked-off the very important process of completing our audit and are optimistic in our ability to complete it within the next 60 days so that we enter a fully reporting status,” James Hancock, CEO of Global Payout, stated in the news release. “By becoming fully reporting, we are increasing our transparency and demonstrating to both our existing shareholders as well as the investment community our commitment to doing things the right way. This should also place our Company in a more favorable position to facilitate the growth and expansion of the financial technology solutions available through both Global Payout and its majority owned subsidiary, MoneyTrac Technology, Inc.” Global Payout anticipates that these efforts will both improve its visibility in the investment community and provide an opportunity to list its securities on the OTCQB or OTCQX quotation platform.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Wed Sep 06, 2017 4:10 pm

FINTECH Gains Traction as Businesses Embrace Alternative Banking and Financial Solutions

NetworkNewsWire Editorial Coverage: Financial technology, or FINTECH, has established new platforms for many businesses and companies. With improved capabilities, firms are catching on to alternative forms of banking that offer automation of various financial processes ranging from payments to billing and invoicing. It’s especially useful in the modern world, where transactions are more often done electronically. FINTECH is not limited to the financial services industry, however. Sectors from logistics and shipping, to high-risk ones such as the cannabis industry are finding electronic wallets and mobile apps more practical than traditional financial services. Global Payout, Inc. (GOHE) (GOHE Profile) is serving such needs with B2B financial automation solutions through its Global Reserve Platform, while also affording access to bitcoin via its MoneyTrac, Inc. (“MTRAC”) subsidiary. Bitcoin Services (BTSC) is a big player in the evolving FINTECH arena, as is BTCS, Inc. (BTCS). Industry behemoths such as Apple, Inc. (AAPL) and Alphabet, Inc. (GOOG) are taking FINTECH to new levels on both the business and consumer fronts.

Global Payout, Inc. (GOHE) makes payment solutions available to clients around the world, serving the needs of everything from commercial enterprises to government institutions. Its Global Reserve Platform is a web-based banking platform that includes everything domestic, foreign exchange, and international payment service providers need to conduct financial transactions. It handles online banking, compliance, mobile wallets, card management, biometric payments, authentication, merchant payment processing, bill payments and more, while also offering core and traditional banking products. Global Payout’s primary focus in this area is logistics, in addition to small to medium size companies, banking, and travel firms.

MTRAC provides FINTECH solutions to alternative and high-risk markets, such as cannabis, allowing businesses to manage virtual currency and handle cash flow logistics while bypassing traditional banks.

“Since there is an inability to access commercial banks for merchant bank accounts, we feel it is imperative to focus on currency alternatives such as bitcoin to service cannabis industry transactions. Furthermore, our payment system is completely ready for use. It will not require a great deal of time or money to incorporate bitcoin into the equation,” Hancock stated in a previous news release (http://nnw.fm/Q3C9i).

A business development agreement between MTRAC and PotSaver further demonstrates MTRAC’s broader strategy to take advantage of new market opportunities. Based in Southern California, PotSaver is a community periodical that serves local shops and dispensaries in the region’s medical and recreational cannabis industry, providing listings on discounted cannabis products. This partnership provides MTRAC the opportunity to increase brand awareness in the cannabis industry and potentially grow its revenue stream.

“With the medical and recreational cannabis industry growing at an unprecedented rate in California, we are determined to be conscious of the multiple opportunities that currently exist, or that we can create for MoneyTrac to further expand its brand throughout the industry as well as tap into every available revenue source possible,” Vanessa Luna, COO of MoneyTrac, stated in the news release (http://nnw.fm/KF5oq). “This agreement with PotSaver is an excellent opportunity for us to offer the industry-specific business development expertise we have acquired to help further PotSaver’s go-to-market strategy, while simultaneously creating a new source of revenue for our company as we continue to expand our own brand throughout the industry.”

MTRAC’s developments play a supportive role in Global Payout’s overarching mission in FINTECH. Global Payout began by offering prepaid card services and a payment platform for businesses in different countries, but improvements in 2016 added additional functions now seen in its Global Reserve Platform. Blockchain technology, such as that familiarized by Bitcoin Services (BTSC), is part of the system, giving various industries the benefits of FINTECH on a much broader scale.

Bitcoin Services is a cryptocurrency leader offering an escrow service, a neutral third-party that serves buyers and sellers during online transactions. Verification processes are run by bitcoin mining services, so transactions are always properly validated and secured. The company’s role in FINTECH has been a key one since its incorporation in 1997, especially since it is a major player in the development and sale of blockchain software.

Another player in FINTECH and blockchain/digital currency is BTCS, Inc. (BTCS). In August 2017, BTCS announced the signing of a letter of intent to merge with Blockchain Global Limited. A merger would give access to the Australian company’s bitcoin exchange, transaction verification services, and start-up accelerator program that provides fledgling business with access to blockchain technologies and applications. Consulting and advisory services are also offered, such as those supporting crowd-sourced blockchain token sales. In a recent letter to shareholders, BTCS mentions the 300 percent surge in bitcoin over a year, and that this boost and the involvement of large organizations demonstrates the mainstream acceptance of digital FINTECH assets. It plans to participate in strategic market purchases, make initial coin offerings, and resume transaction verification services to expand its digital asset portfolio.

Innovative offerings by FINTECH companies are fueling activity not just in the commercial sector. Some of them, such as Global Payout’s MTRAC solution, are being used to offer advanced payment solutions to consumer-facing companies.

Online purchasing solutions enabled by similar systems include Apple Pay from Apple, Inc. (AAPL). Consumers can pay for items with credit and debit cards on their mobile devices, and can do so on the same platform even while in a store. One just needs to hold their iPhone or Apple watch up to a reader for it to work. Customers can pay within apps as well, make donations, or shop online. The service can be used at many major retail chains and websites, and to donate to a range of nonprofit organizations. It extends the value of FINTECH to consumers who shop at electronics, clothing, pharmaceutical, toy, and general stores; gas stations; restaurants; and who stay at hotels.

Alphabet, Inc (GOOG) is also vested in the consumer FINTECH segment. Google Wallet allows for automatic cash transfer; users can send money to anyone using the app. Their email address and phone number are all that is needed. The product is useful in a variety of settings, from splitting the bill at a restaurant to planning trips and purchasing group gifts, as well as making commercial transactions. Transferring cash is possible for payment of any service, especially for sole proprietors. That puts FINTECH in the hands of anybody who wishes to make a transaction online or via digital devices or methods. The service is available in the U.S. and the UK, although users can’t yet transfer funds between countries.

FINTECH companies and services are enabling business and consumer transactions that can be managed digitally, without going through a bank. These afford simpler, faster and increasingly convenient options and enable business to be conducted more freely in high-risk industries that are tightly regulated by traditional financial institutions. FINTECH is gaining value at many different levels. Logistics companies are catching on because it streamlines shipping operations, while companies such as Apple and Google are extending digital payment technologies to consumers, giving FINTECH a nearly limitless market reach. The rapid growth of bitcoin and blockchain technology is also clear evidence that digital B2B and consumer payment solutions have significant upside potential.

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

Postby QualityStocks » Wed Sep 13, 2017 4:23 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Letter of Intent with BlazeNow, Inc.

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has executed a Letter of Intent with BlazeNow, Inc., a majority owned subsidiary of MediaTechnics Corporation (OTC: MEDT). BlazeNow, once called the “Yelp” of the cannabis industry by NY Daily News, is an advertising and data collection platform focused on connecting cannabis-related businesses with patients and customers. “We are excited to lay the groundwork for what we believe will be a very productive business partnership with BlazeNow,” Vanessa Luna, COO of MoneyTrac Technology, stated in the news release. “The goals are to leverage this partnership in pursuing joint revenue products and services. Through this LOI, we hope to establish a joint-venture partnership with BlazeNow so that we can pool each of the industry-specific resources we have available to help significantly grow both brands.” This morning’s announcement follows the recent launch of BlazeNow’s new app on both Android and iOS platforms, a milestone that’s expected to strategically position the brand for collaborative efforts with MoneyTrac Technology as it looks to achieve broader expansion initiatives.
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Re: Global Payout, Inc. (GOHE)

Postby QualityStocks » Mon Sep 18, 2017 4:20 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Attends Cannabis World Congress & Business Exposition

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that executive management members of its majority-owned subsidiary, MoneyTrac Technology, Inc., successfully represented the company at the fourth annual Cannabis World Congress & Business Exposition held in Los Angeles. “Representation at events such as this present such a unique and powerful opportunity to grow our presence and establish new partnerships within an industry that is incredibly tight-knit and yet growing at an unprecedented rate,” MoneyTrac COO Vanessa Luna stated in the news release. “I am encouraged by the many different connections we established during this expo, and I am optimistic about the likelihood of a decent number of them possibly materializing into new partnerships for our company at some point in the near future.” MoneyTrac is currently making arrangement to ensure representation for the expo’s East Coast dates from October 4-6 in Boston. As noted in the news release, this will “present another opportunity for the Company to promote and create awareness for the effective technology and other industry-specific services and solutions [it offers] to businesses operating in the cannabis industry.”
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