SAN DIEGO, Jan. 24, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout, Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”, the “Company”), has executed a Letter of Intent (“LOI”) with Eyeconic.tv, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses.
The execution of the LOI will provide the companies an opportunity to thoroughly explore the possibility of establishing a strategic partnership. MTRAC would look to integrate Eyeconic’s digital media platform into the service offerings they continue to develop and enhance for businesses within the cannabis industry. More specifically, MTRAC will look to leverage the vast network of dispensaries and industry specific brands and products it has established through its PotSaver publication to bolster the sales and marketing efforts of Eyeconic’s digital media platform throughout the rapidly expanding industry of retail cannabis.
Said MTRAC CEO, Vanessa Luna: “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial to both of our companies in terms of creating new revenue streams as well as becoming a contributing factor to the growth of both of our companies in the cannabis industry. The digital media platform Eyeconic has developed is an impressive and truly valuable advertising and marketing tool for dispensaries and other products and brands throughout our industry, and I believe it is something we can successfully incorporate into our expanding suite of valuable sales and marketing services, in addition to utilizing it to support the continued growth of our PotSaver publication.”
The companies intend to dedicate the next several days to completing the necessary due diligence, as well as exploring and analyzing the different angles that would be involved with the establishment of an official sales and marketing partnership. The Company will provide additional information and details as they become available.
About Global Payout, Inc. (OTCPink:GOHE)
Since the Company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.
About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.
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 contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
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