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Tuesday, December 04, 2018 12:54:45 PM
Restructuring for Success: Global to Return 149,447,870 Shares to Treasury
Global Payout Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that as a part of an initiative to restructure the Company, they have reached agreements with Secur Capital Corp. and ISBC Holdings for the return of a total of 149,447,870 shares of common stock. The Company has determined that is in the best interests of the shareholders to detach these two entities from Global Payout Inc., going forward. The only surviving subsidiary of the Company will be the newly incorporated and wholly owned subsidiary, MTrac Tech Corp.
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