MTrac Continues Expansion into Washington State and New California Markets
December 12 2018 - 8:00AM
InvestorsHub NewsWire
MTrac Continues
Expansion into Washington State and New California
Markets
San Diego, CA --
December 12, 2018 -- InvestorsHub NewsWire -- Global Payout Inc.
(OTCPink:GOHE)
(“Global”) and its wholly owned
subsidiary MTrac Tech Corp. (“MTrac” or the “Company”) are pleased
to announce that its payment platform is expanding into Washington
state and three new markets in California; Los Angeles, Sacramento
and the Bay Area. These agreements represent strategic growth into
7 states and a footprint into some of the largest cannabis markets
in the country.
“The last few weeks
have continued to solidify how valuable our solution is to the
industry,” said MTrac CRO, Aaron Adler. “We have been speaking with
major organizations across the country, and last week alone we
closed several new key accounts. It’s inspiring to see industry
leaders latch onto our platform as the main solution, because we
have worked so hard to make our vision a reality.”
The new accounts
closed last week will result in the addition of 17 new retail
locations to its rapidly expanding client base and all are
projected to be live before year
end.
“It’s exciting to
see this massive push for our products at the end of the year. We
understand how much value our solutions bring to the industry, and
we are fortunate to be working with industry leaders, whose
partnerships bring our proof of concept to the forefront. We aim to
close out 2018 on a very strong note and look to be hitting our
stride strong in the new year.” Said Global Payout COO,
David Flores.
About Global Payout,
Inc. (OTC
Pink:GOHE)
From 2014 to 2017 Global focused on identifying new state of the
art technologies in a variety of industry sectors and successfully
helped launch MoneyTrac Technology Inc. and other companies within
the FinTech space. In 2018, Global completed a reverse triangular
merger with MoneyTrac Technology Inc. resulting in Global retaining
the wholly owned subsidiary, MTrac Tech Corporation. Global’s
current focus is continuing to identify new business opportunities
while it reorganizes its future business endeavors.
About MTrac Tech
Corp.
MTrac
Tech Corporation. a Nevada Corporation is a privately held wholly
owned subsidiary of Global Payout, Inc. MTrac is a software
technology, sales and marketing, and business development company
focused on “high risk” and “high cost” industries. The Company’s
flagship product is the MTrac payment platform offering a
full-service solution for alternative banking and electronic
financial marketplace with technology offerings including Payment
Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application
and Digital Payment Solutions. It is MTRAC’S creative vision
through the use of its innovative technology solution to become the
premier service provider offering the “Key to
CashlessTM”
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 disclosed on the OTC
Markets.com website.
Public Relations and Media Contact:
MTrac Tech Corp.
www.Mtractech.com
(702) 790-2511 Ext. 101
ir@mtractech.com
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