Global Payout, Inc. CEO,
James Hancock, Reflects on the Highlights, and Achievements of
2017
SAN DIEGO, CA -- December 27, 2017 -- InvestorsHub NewsWire
-- Global Payout, Inc. (OTCPink:
GOHE) ("Global, the Company") is pleased to provide its valued
shareholders and interested parties with the following 2017
year-end letter of review from the Company's CEO, James
Hancock:
Dear Valued Shareholders and Interested Parties:
For those of you who may have been following our news and
updates throughout the year, you know 2017 has been an especially
active, yet successful year for both Global Payout and our majority
owned subsidiary, MoneyTrac Technology, Inc.
In January, my executive team and I laid-out a detailed list of
objectives we believed were imperative to achieve in 2017 in order
for the Company to position itself to drive revenue and truly
distinguish the brand from all competitors in the Fintech market
space. In reflecting upon the year that was, I can not only report
with that we successfully achieved our objectives, but, we have
surpassed them in ways I could not have imagined.
Without question, one of the most critical events of the year
involved the appointment of Ms. Vanessa Luna as Global's Chief
Operating Officer. Ms. Luna's experience and tenacity made an
immediate impact within our Company's internal operations as she
began to map out the path our Company would need to achieve each of
our objectives.
Recognizing the gap between adequate financial technology
solutions and the rapidly expanding, multi-billion-dollar cannabis
industry, a collective decision was made in March to spinout our
majority owned subsidiary, MoneyTrac Technology to begin serving
the underserved businesses of the cannabis industry. With this
spinout, 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. These partnerships include greenRush, BlazeNow, High
Grade Management Group, and PotSaver, with whom she facilitated a
majority acquisition in October. These partnerships, combined with
several other important developments throughout the year, have
effectively positioned MoneyTrac to generate revenue and become a
recognized leader of a variety of service and solution offerings
within the cannabis industry.
Significant groundwork was also laid in 2017 to support the
growth and expansion of our logistics division. This includes
critical enhancements made to our Global Reserve Platform that will
serve as the foundation for a new logistics-focused subsidiary. An
impressive executive team will lead this subsidiary in 2018 to
carve-out a distinctive niche within the trillion-dollar logistics
industry.
Focus during the 4th quarter of the year was also placed on
positioning the Company to successfully complete its Form 10-K
Audit. I cannot express how much gratitude I have for our internal
operations team, who have worked so diligently over the past
several weeks to see this through. I am highly optimistic that this
will be completed in the coming weeks and will provide us with an
opportunity to be up-listed to other platforms offered by the OTC
Markets Group, such as the OTCQB and OTCQX.
The coming weeks will also be filled with some strategic changes
and updates that will play a very important role in helping to
shape the Company and its subsidiaries to meet future objectives.
It is with great pleasure and excitement that I share that next
week we anticipate announcing one of these changes, a passing of
the baton that will be instrumental in guiding our Company's vision
and objectives into a very prosperous future.
In closing, I would like to offer my sincerest thanks and
appreciation to my wonderful team of executives and employees who
are a shining example of hard work and dedication. I would also
like to extend a special thank you to our valued shareholders who
continue to demonstrate their loyalty and support. I can assure
you, the best is very much yet to come.
Cheers to a very prosperous New Year!
Sincerely,
James L. Hancock, CEO
About Global Payout, Inc. (OTC
Pink: GOHE)
Since the Company's inception in 2009, Global Payout, Inc. has
been a leading provider of comprehensive and customized prepaid
payment solutions for domestic and international organizations
distributing money worldwide. In 2014, Global introduced its first
online payment platform called the Consolidated Payment Gateway
(CPG), which allowed its enterprise clients to transfer money to
international bank accounts, mobile accounts, and prepaid card
accounts. The development of the CPG became the foundation for the
introduction of its new, state of the art FINTECH payment system in
2017, for both online and mobile applications to allow account
holders to maximize an expanded suite of financial services and
minimize operational costs. Global will continue to offer their
FINTECH payment system to many vertical markets for support of
foreign currency exchange and digital currency, including ongoing
support of the banking industry and international governments.
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 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 contained in the Edgar Archives
of the Securities and Exchange Commission at www.sec.gov.
Public Relations and Media Contact:
Global Payout
www.GlobalPayout.com
619.795.5810 Office
Information@GlobalPayout.com
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