NetworkNewsBreaks – Global Payout, Inc. (GOHE) E
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Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), of which Global Payout is a significant shareholder, has structured a reverse triangle merger agreement with Global Payout whereby MTRAC will be the post-merger operating entity. “The completion of this reverse triangular merger with Global Payout marks the culmination of the hard work and dedication my team and I have put forth on behalf of MoneyTrac in the past several months,” Vanessa Luna, CEO of MTRAC, stated in the news release. “We have come to a point where we are truly ready to take on the cash problem with our MTRAC payment solution… We are grateful to the team at Global Payout for their ongoing and continued support throughout the years which has culminated in this merger. We fully intend to use this incredible opportunity to establish MTRAC as the premier cashless solution for the multi-billion-dollar cannabis industry and will remain motivated to create a cashless society for other high-cost and high-risk market sectors through our extraordinary blockchain technology solutions.”
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