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MondayMay 20, 2019 10:35 am

QualityStocksNewsBreaks – Global Payout Inc. (GOHE) Develops New Revenue Source in Highly Lucrative CBD Market

Global Payout Inc. (OTC: GOHE) today announced its development of a new, second revenue source derived from the multi-billion-dollar CBD industry. The new source stems from a recently executed Independent Sales Organization ("ISO") agreement entered by the company and its technology partner, GreenBox POS (OTC: GRBX). According to the update, Global Payout will receive revenue directly under the new agreement in addition to revenue it already receives from its wholly owned subsidiary, MTrac Tech Corporation. “We have had our eye on this market for some time and are elated to have this opportunity to establish an entirely new revenue source…

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WednesdayMay 15, 2019 12:31 pm

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Experience Uptick in Payment Platform Applications with Continued Trend Expected

Global Payout (OTC: GOHE), together with its wholly owned subsidiary MTrac Tech Corporation, this morning announced achievement of a sales milestone with over 100 completed and approved applications for the MTrac system. Per the update, the company continues to receive new applications, on an almost daily basis, and expects continuance of this trend as the platform gains market share.  “Since the beginning of the year we have experienced a massive uptick in interest for our platform,” said MTrac CEO, Vanessa Luna. “Many companies have attempted to solve this problem for the industry, which has resulted in a general skepticism among…

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TuesdayApr 23, 2019 11:07 am

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Going Global with Puerto Rico Expansion

Global Payout (OTC: GOHE) together with its wholly owned subsidiary MTrac Tech Corporation this morning announced the formulation of a strategic alliance with a Puerto Rico-based company to offer the signature MTrac solution to the legal cannabis community. Since legalization, medical marijuana in Puerto Rico has become a humming commercial sector; however, limited banking support presents a particular problem. The MTrac system will offer merchants the ability to pay tax bills and track business using blockchain technology. “The company’s move into Puerto Rico, in my opinion, signifies continued and growing acceptance in this industry and evidences the continued expansion of…

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MondayApr 15, 2019 10:47 am

QualityStocksNewsBreaks – Global Payout Inc. (GOHE) Subsidiary Records Processing Volume Increase, Sizable Quarterly Revenue Growth

Global Payout Inc. (OTC: GOHE), together with wholly owned subsidiary MTrac Tech Corporation, this morning provided a shareholder update on MTrac’s ongoing expansion in 2019. Per the update, the company has realized an estimated processing volume increase of more than 5x since October 2018, and it now has more than 50 merchants within the MTrac ecosystem. As a result of this progress, the company’s gross revenue figures more than tripled from Q4 2018 to Q1 2019. “MTrac continues to make significant progress in addressing the needs of present and future cannabis industry customers,” Global Payout COO and MTrac Executive Vice…

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ThursdayMar 28, 2019 12:55 pm

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Expand to Deliver Solutions to Oregon and Hawaii Markets

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced Mtrac’s expansion into two new markets – Oregon and Hawaii. Oregon was one of the first U.S. states to legalize cannabis for adult recreational use, and Hawaii is legal for medicinal purposes only. National level legislation is being considered to provide protection to financial institutions that deal with cannabis, but many legal businesses remain cut off from basic banking services in the current environment. “We understand the range of concerns regarding the lack of financial solutions from all stakeholders in the industry, and we feel confident…

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TuesdayMar 26, 2019 11:40 am

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac’s Government Relations Team to Speak at NJ Cannabis Insider Event

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced that Carol Gabel, a valued member of the company’s government relations team at MGR2, was invited to speak at the New Jersey Cannabis Insider event to be held on April 3, 2019. The event brings together cannabis industry key players in the New Jersey and surrounding tri-state area, offering networking opportunities to new and established businesses in the rapidly expanding market. Gabel has over 20 years of experience in executive management and has worked with hundreds of legislators and elected officials under five different administrations. MTrac…

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ThursdayMar 21, 2019 12:11 pm

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac’s The Key to Cashless® Now Federally Registered U.S. Trademark

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced that the U.S. Patent and Trademark Office has federally registered its slogan, The Key to Cashless® under Trademark Registration #5705041. With completion and official registration, the company will incorporate the trademark into its growing book of assets. “This slogan represents our philosophical vision for the financial solutions our team is delivering to an industry in need,” MTrac CEO Vanessa Luna said in the news release. “The cannabis industry has, in my opinion, been federally handcuffed by Schedule 1 classification, and all of the state-licensed cannabis businesses,…

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TuesdayMar 19, 2019 9:53 am

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Poised at Trajectory of Exponential Revenue Growth with FinTech Payment Solution

Global Payout (OTC: GOHE), along with its wholly-owned subsidiary MTrac Tech Corporation, this morning announced that revenue into Q1 2019 and transactional data highlights industry adoption and desire for a compliant service offering, continued growth and overall benefit to the one-of-a-kind MTrac Payment Solution. According to the update, since deployment in October, MTrac’s daily and monthly sales and transactional volume and the average system processed ticket cost continue to climb at what the company perceives to be a very steady and encouraging pace. The first quarter is seeing a continuation of this positive trend, and MTrac is projected to see…

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WednesdayMar 06, 2019 10:41 am

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) Provides Update on Form 10 Filing Status

Global Payout (OTC: GOHE) this morning provided an update on the status of its Form 10 filing and the progress it has made in a long sought-after objective of becoming a fully reporting company under the Securities Exchange Act of 1934. The company has been engaged in a full two-year audit of its financials in preparation for the filing of its Form 10 and its submission to the Securities and Exchange Commission (“SEC”) for review. The company has elected to include its fully audited 2018 financial report, along with the fiscal 2017 fully audited financial reports, with anticipated filing of…

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ThursdayFeb 21, 2019 9:24 am

QualityStocksNewsBreaks – Global Payout, Inc.’s (GOHE) MTrac Subsidiary Launches New Website

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. recently announced the launch of the new MTrac website (www.MTracTech.com). The new website provides a complete look at the company’s compliant MTrac payment platform driven by blockchain ledger technology. “It’s been important for us to build a website that conveys who we are today. With such rapid change in our business model and the need to quickly get to market, the website was secondary to growth and deployment, however, we are beyond pleased that our immense success has not been stifled by the lack of a proper online…

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