Global Payout, Inc. (OTC: GOHE) this morning announced that
it has signed a joint venture (“JV”) agreement with representatives of
Management and Government Resources 2, LLC. (“MGR2”) to advocate for the
implementation of the MTrac solution across City, County and State
jurisdictions on the east coast. The MGR2 representatives intend to utilize
their available resources to engage local governments. Representatives include
Barry E. Lefkowitz, founder and president of MGR 2; David Spector, former
Councilman in the Borough of Bellmawr; Sam Spector, a strategic partner
offering insights into business development; and Carol Gabel, who has over
twenty years of executive management with two State Chambers of Commerce. The MTrac
team intends to work closely with the representatives to expand the MTrac
payment platform across the east coast. “The expertise and experience this
group can bring to MTrac cannot be overstated,” Global Payout CEO Vanessa Luna
stated in the news release. “The MTrac platform provides a comprehensive end to
end solution for consumers and merchants alike. Additionally, it offers
superior security and compliance features with the ability, through a seamless
interface, to allow for multi-use payment options. As long as we have the
technology and resources to service the cannabis and any other ‘high-cost of
banking’ industries, we will continue to be a part of the evolution by changing
the way we pay in the world we know today. This agreement with MGR, Inc. gives
us a strong foothold to a wide range of business opportunities and I am excited
to work with this team.”
To view the full press release, visit http://ibn.fm/KDpUV
About Global Payout, Inc.
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.
Global’s current focus is continuing to identify new business opportunities
while it reorganizes its future business endeavors. For more information, visit
the company’s website at www.GlobalPayout.com
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