PSYC CEO Ms. Vanessa Luna Resigns Making Way For New Leadership
July 02 2020 - 8:30AM
InvestorsHub NewsWire
PSYC CEO Ms. Vanessa Luna
Resigns Making Way For New Leadership
SAN DIEGO, CA -- July 2, 2020 --
InvestorsHub NewsWire -- Global Trac Solutions, Inc. (OTCPink:
PSYC) (“Global” “PSYC” or the “Company”) would like to announce
to its valued share and stakeholders that Ms. Vanessa Luna has
effectively resigned from her role as Chief Executive Officer/
Chairman of the Company which includes the Company’s wholly-owned
subsidiary MTrac Tech Corporation (“MTrac”) effective at the end of
business on June 30, 2020 and has been succeeded by Global’s former
Chief Operating Officer and MTrac’s former VP of Operations, Mr.
David A. Flores.
Ms. Luna spearheaded MTrac’s
successful launch into the high-risk payment processing market
sector which directly contributed to the Company’s first
significant revenue earnings in 2019. Additionally, she was
instrumental in the Company’s successful completion of its two-year
financial audit, making the Company fully audited through 2019,
which proved key in creating a level of transparency for
shareholders. She has worked in recent months to effectively
position PSYC within the emerging medicinal psychedelic
industry.
“My time here with Global and
MTrac has been a profoundly rewarding and memorable experience for
me”, said Ms. Luna. “From the time I joined the Global family
in October of 2016, I have dedicated a significant portion of my
personal and professional life to the success of this Company and
creating something of real value for our share and stakeholders.
And despite the multitude of challenges I was faced with throughout
that time, I take great pride in what we have been able to
accomplish. This decision was not easily made, although I chose
this direction following a great deal of personal reflection, in
what I believe is a necessary step to poise the Company for future
success in the psychedelic space. This arena is uncharted territory
for me, and although the business aspect is intriguing, my job is
to identify the best path forward. I believe Global will go on to
find industry experts, new and exciting management and staff, and
will hopefully create a true presence for itself in this space.
I find a great deal of peace of mind in knowing that I am
leaving the Company in the very capable hands of Mr. Flores who has
been alongside me here on this journey since the very beginning of
it. Aside from myself, there is truly no one else who has the
knowledge and understanding of the corporate and operational
structure that makes up Global Trac Solutions today. In speaking
with him on multiple occasions, I have become extremely encouraged
to more intently understand the passion and energy he has for the
medicinal psychedelic reform movement and I am more confident than
ever in his capability of helping to successfully lead PSYC into
this new and exciting chapter of its history.”
Said new Global Trac Solutions,
Inc. CEO, David Flores: “I am both elated and humbled to accept the
baton that has been passed over to me from Ms. Luna and accept the
distinguished role as CEO and Chairman of Global Trac Solutions. I
want to personally thank Ms. Luna for the tremendous sacrifice and
hard work she has exhibited over the last few years as CEO of both
Global and MTrac. Because of her leadership, the Company today
stands in a considerably more adequate, transparent, and effective
position than it has perhaps ever before, and I am positively
encouraged by the job she has done in recent months with
repositioning the Company within an entirely new industry that I
believe has a significant amount of growth potential and that I
look forward to not only strategically tapping into, but ultimately
monetizing for the long-term performance benefit of PSYC. In the
coming weeks, it is my intent to share more details as it relates
to my vision for continuing and furthering the development of PSYC
into a recognized and reputable resource within psychedelics and
how I intend to deliver the value that our shareholders truly
deserve.”
In closing Ms. Vanessa Luna
stated, “To my fellow shareholders, I will be watching alongside
you in deep anticipation of the future success of PSYC. It has been
my pleasure to serve as your leader these past few years and I hope
you will remain faithful and dedicated shareholders in following
PSYC’s journey. It has truly been my pleasure, and I extend my
sincerest thanks and unwavering gratitude to you all.”
About Global Trac Solutions, Inc.
(OTC
Pink:PSYC)
Global Trac Solutions is a
diversified holding company dedicated to identifying new and
emerging industries. By utilizing our years of business development
expertise our diverse team of innovators continuously leverages our
experience to effectively execute go-to-market strategies in order
to position ourselves for rapid growth through the creation of an
evolving business foundation to enhance profitability
potential.
PSYC has expressed its intent and
commitment to positioning itself at the forefront of the
psychedelic revolution and as a resource center for discovering and
understanding the latest research and business opportunities
surrounding psychedelic inspired medicines. In conjunction with the
FDA’s more open-minded approach to psychedelic medicines, and as
several major U.S. cities continue to approve the decriminalization
of psilocybin, investors are speculating that the psychedelic boom
could be bigger than that of cannabis. PSYC is your source for
current investment related news specific to psychedelic medicines
and cutting-edge research improving overall health, moving this
sector into the mainstream.
We believe in a forward-thinking
approach that embraces groundbreaking new technology and
innovations and through the vision of business development we
intend to continue to evolve into these unchartered territories as
the industry leaders of the future. We truly are the right TRAC to
follow.
Forward-Looking Statements
Disclaimer:
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can
identify forward-looking statements by the following words:
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "should," "will," "would," or the negative of these
terms or other comparable terminology, although not all
forward-looking statements contain these words. Forward-looking
statements are not a guarantee of future performance or results and
will not necessarily be accurate indications of the times at, or
by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time the statements are made and involve known and unknown
risks, uncertainty and other factors, including the impact of
COVID-10, that may cause our results, levels of activity,
performance or achievements to be materially different from the
information expressed or implied by the forward-looking statements
in this press release. This press release should be considered in
light of all filings of the Company that are disclosed on the OTC
Markets.com website.
Corporate
Contact:
Global Trac Solutions, Inc.
(PSYC)
www.globaltracsolutions.com
www.psychedelicspotlight.com
(702) 239-1919
info@globaltracsolutions.com
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