PSYC Acquires Domains Relevant to Psychedelic Industry Providing Strategic Advantage for Industry Growth
April 28 2020 - 8:30AM
InvestorsHub NewsWire
SAN DIEGO, CA -- April 28, 2020 --
InvestorsHub NewsWire -- Global Trac Solutions, Inc. (OTCPink:
PSYC) (“Global” “PSYC” or the “Company”) is pleased to announce
that PSYC has purchased over 25 psychedelic-related domains, which
the Company intends to strategically utilize over the next several
months as part of its objective to emerge as one of the first and
most reliable resources in the budding sector of psychedelic
medicine and treatments.
The Company believes that as this
exciting and relatively new market sector continues to develop and
gain traction across the country, psychedelic-related domains,
similar to those they have acquired, may become a hot commodity
resulting in limited availability of usable and effective domains
and is therefore pleased to have acquired a variety of viable
domains for its intended growth and development within this
sector.
“The value of effective and
practical domain names is something I have learned should not be
underestimated by a company that intends to make a name for itself
in a specific industry. Acquiring the ownership of the several
domains will offer us the unique flexibility of establishing PSYC
as one of the most recognized resource leaders in this exciting new
market sector of medicinal psychedelics. Developing PSYC into a
trusted resource marketplace for medicinal psychedelics is a
multi-stage project that we have just initiated. In my opinion,
adding these carefully selected domain names to our arsenal
provides us with a very strategic advantage to build this out
exactly how we want to, and deliver the value we fully intend to
provide this industry with,” said Vanessa Luna, Global Trac
Solutions, Inc. CEO.
Among the psychedelic-related
domains recently purchased by the Company are www.microdosemonthly.com, www.myshroomhealth.com and www.psychedelicfinder.com. Over the coming months the
Company intends to build these into a trusted educational and
informational resource marketplace for medicinal psychedelics. The
Company will continue to provide shareholders with additional news
and updates related to the ongoing progress made with the
development of its multiple and forthcoming
websites.
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.
Since 2017, PSYC has been a
pioneer in the emerging software and payment processing sector of
the cannabis industry and has established itself as a trusted
resource for businesses operating within the industry. Today, PSYC
through its network of partners and affiliates, continues to
connect businesses throughout the cannabis industry with critical
solutions and services ranging from payment processing technology,
cutting-edge software, and ancillary services vital to compliant
and effective business operations.
Most recently, 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 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
(619) 925-3202
info@globaltracsolutions.com
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