Accelerating Growth: MTrac Expands Las Vegas Office
05 September 2019 - 10:00PM
InvestorsHub NewsWire
Accelerating Growth: MTrac
Expands Las Vegas Office
SAN
DIEGO, CA -- September 5, 2019 -- InvestorsHub NewsWire -- Global
Payout Inc. (OTCPink:GOHE)
(“Global” or the “Company”) and its wholly owned subsidiary MTrac
Tech Corporation (“MTrac”) are pleased to announce that the
Company has expanded its Las Vegas operations office by acquiring
office space directly adjacent to the office MTrac has utilized as
the hub for its operational team for more than a year.
The significant growth surge the
Company has experienced this year onboarding and servicing some of
the largest retail and delivery service companies in the cannabis
industry has led the Company to strategically add talented new
members to its operations support team at a steady, yet effective,
rate over the last several months. As a result, the Company was
thrilled to take advantage of an opportunity that became available
to them to acquire additional office space in the adjoining unit to
their current office.
“Growth is always an exciting
thing to experience as a company,” said Global Payout COO, David
Flores. “The core of our team has been intact since we first began
our mission of cornering the payment processing sector in the
cannabis industry over a year ago, and they have done a phenomenal
job managing and contributing to this impressive influx of
business. However, as we continue to expand, and as the overall
demand for our solution continues to push towards new heights, it
is critical that our team is able to successfully meet the needs
and demands of a growing client base to ensure that our pledge for
exceptional service is never compromised. This expansion provides
us with much-needed flexibility to sensibly and efficiently add key
members to our operational support staff who are vital in managing
the day-to-day responsibilities involved with running our business
effectively.”
The location of the MTrac office
is strategic for our headquarters, only a few miles from the
airport, adjacent to the Las Vegas strip and in a prime real estate
location near the new stadium. Recent renovations were done to the
building and MTrac will have a live demo area where clients can
come experience the ease of the system in the coming
months.
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. 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 with technology offerings including Payment
Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application
and Digital Payment Solutions. We are one network disrupting the
status quo. It is MTrac’s creative vision through the use of its
innovative technology solution to become the premier service
provider offering the “Key to
Cashless®.”
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.
Media
Contacts:
Global Payout,
Inc.
www.globalpayout.com
(702) 790-2511 Ext. 101
Ir@globalpayout.com
MTrac
Tech Corp.
www.Mtractech.com
(702) 790-2511 Ext. 101
ir@mtractechcorp.com
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