MTRAC Expands PotSaver
Sales Team Following the Implementation of Recreational
Cannabis in Los Angeles
San Diego, CA
-- February 13,
2018 -- InvestorsHub
NewsWire -- Global Payout, Inc. (OTCPink:
GOHE) ("Global") is pleased to announce
that its
majority owned subsidiary, MoneyTrac Technology, Inc. ("MTRAC",
the "Company"), has expanded the sales team for
its PotSaver brand to extend its reach
beyond the San Diego market and into surrounding metro
areas including Los
Angeles.
Following the
official start of legal recreational cannabis in California,
several municipalities have been slow to issue
recreational licenses to dispensaries. In Los
Angeles,
for example, this has been a significant
challenge as local leaders and regulators have been working
diligently to bring the vast array of dispensaries
throughout
the area
into the legal fold. The PotSaver brand prides itself on
working only with fully regulated and compliant cannabis companies
and as such has watched carefully while these issues have
been worked through by local
regulators. AAnd as several dispensaries
across Los
Angeles have begun to receive their
licenses, PotSaver has proactively moved forward
by adding additional members to its LA-based salesforce to
ramp-up efforts
for the release of its premier LA publication, which is expected to hit
markets in the early part of Q2 2018.
Additionally,
PotSaver
has added
significantly to its San Diego publication by expanding its base of
advertisers to businesses outside of cannabis, such assuch as some of the
local
the
restaurants and
businessesrands that make up the unique and
lively community that is San Diego. These developments are in
lock step with the recent agreement signed with EyeChronic.TV to
incorporate their digital media platforms into
theexpanding suite of expanding services offered by
MTRAC and PotSaver.
MTRAC CEO
Vanessa Luna said "With the recent agreement with
EyeChronic, and the newly licensed
dispensaries in LA, PotSaver is really in a very unique
position to offer advertising services to the dispensaries not
available from other companies. In addition to the compliance
services offered by MTRAC, and the imminence of an electronic
payments solution, MTRAC will be in a very strong position to
capitalize on this multibillion dollar market sector."
MTRAC
and PotSaver continue to work diligently
within the legal recreational market to expand the advertising
opportunities and compliance services available to the
cannabis industry and
are excited to
expand into newly formed recreational markets in
California.
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.
About MoneyTrac
Technology
MoneyTrac Technology, Inc. is a pioneer
in offering a full-service solution for alternative banking and
electronic financial solutions and provides all aspects of
financial technology including E-Wallet and mobile apps services
for businesses and companies in various "high-risk"
industries. MoneyTrac's
technology
platform allows for its clients to access their financial
information from anywhere in the world, in addition to providing
tracking and compliance to help them manage and control the flow of
all revenue through their business.
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the time the statements are made and involve known and unknown
risks, uncertainty and other factors that may cause our results,
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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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