SAN DIEGO, CA -- February 18, 2020 -- InvestorsHub NewsWire
-- Global Trac Solutions, Inc. (OTCPink:GOHE)
(“Global” or the “Company”) is pleased to announce that, as part of
a larger effort to restructure and diversify the Company, its
subsidiary company MTrac has extended its business initiatives to
highlight its strength in sales and marketing, transforming it into
a true marketplace for high risk industries.
“MTrac has evolved. Having been in the cannabis sector,
specifically in payment processing, we quickly became recognized by
our industry peers as the go-to company for resources in banking,
payments, software, insurance, POS, government relations, and more.
Over time the value of our network has become readily apparent, as
our group has been well vetted, compliant, and a resource for the
financially underserved. It is through this network that we have
decided to diversify outside of the payment space and really become
a marketplace for strategic partnerships and total package
solutions for the cannabis industry and other high-risk spaces,”
said Global Trac Solutions CEO, Vanessa Luna. “We have improved our
banking bandwidth and have new software integration partners, in
addition to strategic alliances on the horizons. We will continue
to receive revenue from payment processing through third party
partnerships and referrals however, going forward this will not be
the sole focus of our business model. We will also be expanding our
reach to include ancillary services and expect to realize revenue
from those relationships as well. This move comes from years of
experience working in the cannabis industry and other high-risk
market sectors. Diversification is key for survival, and we are
confident in our directional shift.”
We will keep shareholders apprised of the ongoing efforts to
diversify our subsidiary and plan to effectively utilize our
network to realize all future revenue potential.
Please feel free to visit our newly designed website at
www.mtractech.com
About Global Trac Solutions,
Inc. (OTC
Pink:GOHE)
Global Trac Solutions is a diversified holding company, dedicated
to identifying new and emerging technologies specific to a variety
of industry verticals ranging from Branding and Marketing, Fintech,
Business Development, Sales and Distribution, High-Risk,
Nutraceuticals, and more. We focus and leverage our team's diverse
experience to effectively execute go-to-market strategies in order
to position the companies we engage with for rapid growth and a
structure to enhance profitability potential. We believe in a
forward-thinking approach that embraces groundbreaking new
technology and innovations while providing our partners with
the infrastructure and vision necessary to evolve into the
industry leaders of the future. We truly are the right TRAC to
follow.
Formerly, Global Payout Inc. (GOHE):
From 2014-2019 Global was focused on the payments and financial
industry sectors with an emphasis in high-risk.
About MTrac Tech Corp.
MTrac Tech Corporation, a Nevada Corporation, is a privately
held, wholly owned subsidiary of Global Trac Solutions, Inc. MTrac
is a software technology, sales and marketing, and business
development company focused on “high risk” and “high cost”
industries. The Company’s core service offerings are as an acting
marketplace facilitating sales for a multitude of ancillary service
offering companies, with MTrac’s trusted name at the helm.
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.
www.globaltracsolutions.com
(619) 925-3202
info@globaltracsolutions.com