GOHE - Global Payout, Inc.
| Previous Close | 0.0397 |
| Open | 0.0390 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.0237 - 0.0390 |
| 52 Week Range | 0.0237 - 0.9200 |
| Volume | 946,729 |
| Avg. Volume | 210,905 |
| Market Cap | 50.835M |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
MTrac Secures Michigan Recreational Cannabis Dispensaries
As a handful of shops this past Sunday in the Ann Arbor region of Michigan opened their doors for recreational sales hundreds of residents withstood inclement weather conditions and waited patiently in long lines to become some of the state’s first residents to legally purchase cannabis for recreational use. Michigan’s first medical dispensaries opened last November and posted enormous sales, raking in over $42,000,000 in the first four months of operation and to date have exceeded $200,000,000 in sales. Currently, 22 communities have formally passed regulations to allow new dispensaries to be licensed, presenting a compelling business opportunity for MTrac and its growth initiatives heading into the new fiscal year.
- GlobeNewswire
Highest Grossing Quarter: Global Payout More than Doubles Revenue
Gross revenue nearly tripled and net revenue more than doubled over the previous quarter. The objective for 2019 has been to create a sustainable revenue stream for the Company which, in my opinion, we have achieved with MTrac.
- GlobeNewswire
Global Payout Explores New Relationships with Banks and Processors at Money 2020 in Effort to Diversify Portfolio
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that their executive team attended the recent Money 2020 convention in Las Vegas, NV, and had the opportunity to discuss potential partnerships with a variety of disruptive payment technology providers to bring their various solutions to market. “Money is changing, and the cannabis sector is not the only sector in need of innovative financial services,” Said Global Payout CEO, Vanessa Luna. “While we have spent the last year focused on expanding into the cannabis sector, we have also realized a huge amount of value from this team in their ability to successfully bring a piece of technology to market.
- GlobeNewswire
Global Payout, Inc. Significantly Reduces Authorized Shares
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that, as part of an ongoing effort to restructure the Company, the Directors (with the written affirmation of the majority of shareholders) have reduced the total authorized common shares by a factor of ten, to 400,000,000. “Over the last year we have taken steps to restructure the Company with the intention to gain some real momentum in the market,” Said Global Payout CEO Vanessa Luna. Global Payout continues to work on completing its audit to prepare for filing the Form-10 and will continue to keep shareholders updated.
- GlobeNewswire
Global Payout, Inc. (OTCPink: GOHE) Announces Multi-Million Dollar Financing Agreement at a 10x Valuation
Global Payout Inc. (OTCPink: GOHE) (“Global” or the “Company”) is pleased to announce that Global Payout has entered into a financing arrangement with a long-term private investor for ongoing financial support at a valuation of ten times the current share price. This investment group has already provided over $2,200,000 in investment capital to the company over the past two years and has committed to additional financing of more than $3,000,000 at a 10x valuation for a total investment of over $5,000,000. The Company anticipates using a large portion of these proceeds to retire a substantial percentage of the Company’s outstanding convertible debt, which will have tremendous value to the stock and its shareholders.
- GlobeNewswire
MTrac Invited to Participate in Policy Summit After Meetings with Legislators
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that Global Payout CEO Vanessa Luna has been invited to participate in a panel discussion at California’s 1st Annual Cannabis Policy Summit in Oakland, CA, on October 18 of this year. Joining her in attendance will be Jason LeBlanc, MTrac Chief Compliance Officer. Over the last week, MTrac had an opportunity to present to state officials the features and functionality of its SAAS solution to serve as a tool for banks and regulators to enhance the availability and transparency of financial services offered to the state’s legal cannabis industry.
- GlobeNewswire
Contributing to Growth: MTrac Welcomes New Chief Operating Officer
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce the addition of Ms. Vivian Estrada as the new Chief Operating Officer of MTrac Tech. Ms. Estrada joins the Company following a highly successful seven-year tenure with LifeLine Ambulance in Montebello, CA where she served as the company’s Director of Human Resources managing an operation with over 250 employees day to day and directly contributed to the oversight of the company’s internal operational organization.
- Newsfile
The Disruptive Advantage: How New Technologies are Driving the Cannabis Industry
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 18, 2019) - Investorideas.com, a leading investor news resource covering tech and cannabis stocks releases a snapshot reporting on some of the key technology developments impacting the cannabis sector and how companies are deploying "disruptive" technologies to ensure early mover advantage.Read the full article on cannabis companies deploying tech at Investorideas.comhttps://www.investorideas.com/News/2019/cannabis/09180NewTechnologies.aspSince Federal legalization in Canada, and with new markets opening up every day ...
- GlobeNewswire
MTrac to Showcase Closed-Loop Payment Platform for Cannabis to State Legislators
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that following the launch of their West Coast Government Relations initiative, the MTrac team has secured meetings with some of the top legislative stakeholders in California, Nevada, Washington and Arizona. Over the next several weeks representatives from MTrac’s legal and compliance teams and key company executives will attend upwards of 25 meetings with, among others, Legislative aids, directors, office of the state treasurer representatives, chiefs of staff, assembly committees, representatives of the tax policy bureaus, and other key offices within the state that play an integral role in implementing state cannabis regulatory policy objectives.
- Newsfile
Sector Snapshot - Payment Solutions for the Cannabis Industry
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 10, 2019) - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on banking and payment issues in the cannabis industry in both the US and Canada, and some of the new payment solutions coming to market aiming to address these issues.Read the full article on Investorideas.comhttps://www.investorideas.com/News/2019/cannabis/09100PaymentSolutions.asp In recent news, Arizona began looking to FinTech and stablecoin to ...
- GlobeNewswire
Global Payout Continues Progress with Ongoing Audit
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to advise shareholders and interested stakeholders alike that work and overall progress continues to be made with the Company’s ongoing two-year audit and that the Company remains intent on filing its Form-10 as soon as reasonably possible. For the better part of the past several months the Company has been fully engaged in a two-year audit as part of a key and necessary requirement to effectively complete its Form-10 filing and provide the Company with the fully reporting status that management has been eager to achieve since assuming control of the Company in June of 2018. Since April of this year, the Company has been working in collaboration with Albeck Financial Services, Inc. to review and reconcile the Company’s financial records from the last two years in preparation to be turned over for review and audit by M&K CPAS, PLLC, one of the final steps required prior to filing the Form-10.
- Newsfile
Viva Las Vegas - Cannabis Industry Continues to Grow In Nevada
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 9, 2019) - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the Nevada cannabis market and how specifically, Las Vegas is drawing in more consumers and driving more businesses. Read the full article on Investorideas.com discussing cannabis companies in Nevadahttps://www.investorideas.com/News/2019/cannabis/09063Nevada.asp In recent sector news it's been reported that Nevada's cannabis industry has given more ...
- Newsfile
Cannabis Offshoots: Industry Growth Accelerates Ancillary Needs
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - September 5, 2019) - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the continued development of the cannabis ancillary market as the sector matures; expanding into new states and countries.Read the full article on Investorideas.com looking at cannabis ancillary companieshttps://www.investorideas.com/News/2019/cannabis/09050AncillaryMarket.aspThe maturation of the Canadian and US markets, along with the rapid expansion of international cannabis markets ...
- GlobeNewswire
Accelerating Growth: MTrac Expands Las Vegas Office
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the Company has expanded its Las Vegas operations office by acquiring office space directly adjacent to the office MTrac has utilized as the hub for its operational team for more than a year. The significant growth surge the Company has experienced this year onboarding and servicing some of the largest retail and delivery service companies in the cannabis industry has led the Company to strategically add talented new members to its operations support team at a steady, yet effective, rate over the last several months.
- GlobeNewswire
Merchants Choose MTrac: Processing Reaches Tens of Millions of Dollars in Volume
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that as the Company enters the last month of the third quarter of 2019 it has reached a point where it is effectively processing tens of millions of dollars in daily transaction volume across its growing base of clients in the multibillion-dollar cannabis industry. As demonstrated in the Company’s recent Q2 disclosure detailing Company financials, MTrac’s growth trajectory has remained positive and has continued to gain significant traction throughout the year. This feat has been accomplished in part through MTrac’s success in securing several strategic service agreements with some of the largest companies in the industry today.
- GlobeNewswire
Massive Update to Enhance and Improve Systems; MTrac Tech Corp. Launches MTrac 3.0
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the company has launched a massive update to its blockchain powered payment platform, which includes the addition of new banking partners to provide a suite of enhancements to improve the merchant experience through added stability, reliability, and system integrity. “We continue to attract key banking partners with our compliant and seamless solution as an industry leader in this innovative financial technology space,” said Mr. Kevin Curtis, MTrac Chief Strategy Officer. “These strategic updates to the MTrac platform are being done in order to further stabilize the platform and to continue serving our clients in this next growth phase we are embarking upon.
- Newsfile
Cannabis Nevada News: From Payment Tech Solutions to Retail
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 26, 2019) - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the recent news and developments occurring in the Nevada cannabis market as it matures and expands. Read the full article on Investorideas.com looking at recent Nevada Cannabis news and developments https://www.investorideas.com/News/2019/cannabis/08260Nevada.aspA recent news report discussing the potential of the Nevada market versus ...
- GlobeNewswire
MTrac Effectively Moving Across the States; Retains Government Affairs Power Firm S360
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the company has retained one of the nation’s leading government affairs organization, Strategies 360 (S360), to further the platform’s legislative push to be recognized as the most innovative and seamless SaaS (Software as a Service) solution to facilitate cashless, compliant, and secure payments for the legalized cannabis industry. Headquartered in Seattle, WA, S360 represents a broad range of sectors with an expanding footprint in 12 western states and D.C. The S360 team is comprised of some of the brightest and forward-thinking former executives from various industries, such as technology, finance, and energy, in addition to former state public office holders.
- GlobeNewswire
MTrac Increases Revenue Growth By More Than 150% in Q2
Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce their Q2 2019 Disclosure has been filed with OTC Markets per the established reporting requirements for Pink Sheet companies. Management would like to take this opportunity to offer some insights and analysis on the current state of the Company’s revenue, and their current expectations for the remainder of the year. Fueled by MTrac’s ongoing foray into the retail cannabis marketplace with its blockchain-powered payment platform, the Company experienced its most productive and successful quarter to-date in Q2 2019 and believes that, barring any unforeseen challenges, the Company is well-positioned to continue to demonstrate quarter over quarter (Q/Q) growth throughout the remainder of 2019.
- GlobeNewswire
Delivering Value: MTrac’s Mobile Payment Platform Expands Rapidly
Global Payout Inc. (OTCPink:GOHE, GOHED) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that MTrac’s recent foray into the retail cannabis delivery sector has, to date, demonstrated a much stronger growth trajectory than initially anticipated when the Company launched this service offering in June of this year. Eager to capitalize on the diverse and expanding retail cannabis industry, MTrac, in June, announced the availability of cellular mobile payment terminals to allow retail cannabis delivery drivers to accept electronic payments from customers on site.
- GlobeNewswire
MTrac Processing Volume Increases Significantly in Q2
SAN DIEGO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHED) (GOHE) (“Global” or the “Company”) and its wholly-owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the platform’s processing volume is now hitting a sustained threshold of significant growth. The high demand for our signature solution reinforces the Company’s notion that the industry is seamlessly adopting our payment platform. The Company’s monthly processing volume has more than quadrupled in Q2 alone, setting the stage for a potential breakout third quarter.
- GlobeNewswire
Restructuring for Success
As most of you are aware, the Company underwent a change in control in June of 2018. Since that time the Company’s new executive team, led by Vanessa Luna, CEO, and David Flores, COO, have focused much of their best efforts on positioning the Company to deliver the most effective value to its shareholders.
- GlobeNewswire
Dominating the Market: MTrac Offers Mobile Payments to Delivery Services
SAN DIEGO, June 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (GOHE) (“Global” or the “Company”) and its wholly-owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the Company has deployed its cashless payment solution into the rapidly expanding Cannabis/CBD delivery market sector. As we believe we are the most seamless solution of all the compliant payment providers in the industry today, the company is proud to expand its reach to a delivery market that is very much in need of a safe and secure alternative payment method.
- GlobeNewswire
A New Era: Global Payout, Inc., Begins Generating Revenue in Q2 in Booming CBD Market
SAN DIEGO, May 20, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (GOHE) ("Global" or the "Company") is pleased to announce that the Company has recently developed a new, second revenue source derived from the multi-billion-dollar CBD industry. This stems from a recently executed Independent Sales Organization ("ISO") agreement Global entered into with its existing technology partner, GreenBox POS (GRBX) ("GRBX"). This new agreement will result in Global receiving this revenue directly in addition to the revenue already being received from the Company's wholly-owned subsidiary, MTrac Tech Corporation ("Mtrac").
- GlobeNewswire
Sustaining Growth: MTrac Experiences Large Influx of Applications for Payment Platform
SAN DIEGO, May 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (GOHE) (“Global” or the “Company”) and its wholly owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that the Company has reached a sales milestone with over 100 completed and approved applications for the MTrac system. The MTrac team has worked diligently to increase revenue and improve shareholder value and this milestone is an indicator of what the rest of the year will bring. Launched in October 2018, the MTrac payment platform is a game changer for the legal cannabis industry.