Making Green the New Gold: MoneyTrac
Technology Announces the Launch of the
MTRAC-TokenTM in Effort to Bank
Cannabis
San Diego, CA
-- March 08, 2018 -- InvestorsHub
NewsWire -- Global Payout Inc.
(OTCPink:
GOHE) ("Global") is pleased to announce that its
subsidiary MoneyTrac Technology, Inc. ("MTRAC",
the "Company") is launching a Regulation D
506(c) offering that will be centered around the Company's
MTRAC-TokenTM.
The Company plans
to use this new token to accomplish its goal of "Banking the
UnbankableTM".
This press release is not being
used for the
purpose of solicitating
the market for any of the securities offered (see disclaimer
below).
The launch of
the raise and MTRAC-Token is both the culmination of months spent
building crucial relationships and marks the beginning of something
much larger for the Company. MTRAC views itself as a "New Age
Technology Holding Company," through its network of partnerships
and affiliate clients, pioneering a course in the cannabis industry
into what has been dubbed the "New Gold Rush." As the cannabis
industry currently faces the challenges with banking accessibility
and electronic payment solution availability, MTRAC intends to
utilize this raise as the resource needed to deliver the solutions
they have been co-developing to this rapidly growing
industry. With this opportunity MTRAC
will work to address some of the industry's biggest challenges by
facing them head on and introducing "The New Age of
Currency"
Said MTRAC
CEO, Vanessa Luna: "The MTRAC-TokenTM is a unique type
of investment opportunity providing investors a way to be involved
in revolutionizing a multitude of industries. Our singular focus
over the past several months has been meticulously piecing together
our powerful network of partners, which combines two of the most
influential and newly successful industries of our
generation,
cannabis and
blockchain technology. We at MoneyTrac
are
a
team of
innovators working to develop and introduce the solutions
necessary
to
give businesses operating in the legal cannabis sector the specific
tools needed to flourish. There has never been a time like the
present, when technology and finance converge to create viable, and
much needed, solutions in a burgeoning new industry, which is
expected to grow exponentially over the next few years. This is the
opportunity, this is "The MTRAC-TokenTM"
Information
regarding the offering can be found at www.mtrac-token.com
As of this
date, no SEC filing (specifically under Form A-1, Regulation A+,
has been accepted by the Securities and Exchange Commission) and no
regulated exchange has been established. Consequently, all estimated
time frames are subject to adjustment based on regulatory actions.
(See https://www.sec.gov/news/press-release/2017-227 for
policy comments by the SEC Chairman, dated December 11, 2017). This
press release does not represent an offer to purchase securities
and is not intended to "test the waters" for potential
interest. No assurances can be provided
that the proposed funding and allocation will be pursuant to the
terms presented, completed timely, or successful and the time frames are an
objective and subject to adjustment. The Company recognizes that
the Securities and Exchange Commission has indicated that it
considers tokens as a form of security and shall be regulated as a
security under the "Howey" test. The Company will take
all necessary actions required to remain compliant with existing
rules and regulations.
About MoneyTrac
Technology
MoneyTrac Technology, Inc. (MTRAC) is a
"New Age Technology Holding Company" offering a full-service
solution for alternative banking and electronic financial
marketplace with technology offerings including Payment Platform,
Blockchain, Crypto-Commodity Exchange, Compliance, POS, E-Wallet,
Mobile Application and Digital Payment Solutions for businesses and
companies in various "high-costs" of banking industries. MTRAC
offers additional suites of services ranging from business
development, sales and marketing, to digital and print
advertisement. We are One Network disrupting the status quo. It is
MTRAC'S creative vision to create a "The New Age of Currency" by
bringing innovative technology solutions to various industries and
providing the means for "Banking the Unbankable
About
Global Payout, Inc. (OTC Pink:
GOHE)
MoneyTrac Technology's majority
interest is held by 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 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.
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.
Public Relations and Media Contact:
MoneyTrac Technology, Inc
619.795.5808 -
Office
info@moneytractechnology.com
www.moneytractechnology.com