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Maybe nothing...but still, it lives on as long

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Global Payout Changes Name to Global Trac Solutions, Inc. InvestorsHub NewsWire - 2/12/2020 8:00:00 AM
Global Payout Executes Binding MOU to Acquire Controlling Stake in World Innovation Technologies InvestorsHub NewsWire - 2/10/2020 8:00:00 AM
Global Payout Continues to Receive Capital at 10x Valuation for Audit Finalization InvestorsHub NewsWire - 2/6/2020 8:00:00 AM
Mr. David Flores Resigns from Board Paving the Way to add New Strategic Members InvestorsHub NewsWire - 1/28/2020 8:00:00 AM
MTrac 2020 - An Improved Platform to Increase Compliance InvestorsHub NewsWire - 1/24/2020 8:00:00 AM
A Look Ahead Into 2020:  Global Payout CEO Addresses Shareholders InvestorsHub NewsWire - 1/9/2020 8:00:00 AM
Global Payout Completes Two Year Audit of Financial Information InvestorsHub NewsWire - 1/6/2020 8:00:00 AM
An Industry in Need: MTrac 2020 Successfully Introduced at MJBizCon InvestorsHub NewsWire - 12/18/2019 8:00:00 AM
MTrac Team Attends MJ BizCon, Showcases New Payment Platform for 2020 InvestorsHub NewsWire - 12/11/2019 8:00:00 AM
MTrac Secures Michigan Recreational Cannabis Dispensaries InvestorsHub NewsWire - 12/3/2019 8:00:00 AM
Highest Grossing Quarter: Global Payout More than Doubles Revenue InvestorsHub NewsWire - 11/20/2019 1:22:14 PM
Global Payout Explores New Relationships with Banks and Processors at Money 2020 in Effort to Diversify Portfolio InvestorsHub NewsWire - 10/31/2019 7:00:00 AM
Global Payout, Inc. Significantly Reduces Authorized Shares InvestorsHub NewsWire - 10/28/2019 7:00:00 AM
Global Payout, Inc. (OTCPink: GOHE) Announces Multi-Million Dollar Financing Agreement at a 10x Valuation InvestorsHub NewsWire - 10/8/2019 8:00:00 AM
MTrac Invited to Participate in Policy Summit After Meetings with Legislators InvestorsHub NewsWire - 10/3/2019 8:00:00 AM
Contributing to Growth: MTrac Welcomes New Chief Operating Officer InvestorsHub NewsWire - 10/1/2019 8:00:00 AM
The Disruptive Advantage: How New Technologies are Driving the Cannabis Industry InvestorsHub NewsWire - 9/18/2019 8:00:00 AM
MTrac to Showcase Closed-Loop Payment Platform for Cannabis to State Legislators InvestorsHub NewsWire - 9/18/2019 8:00:00 AM
The Marijuana and CBD craze is not over, it has literally just begun and these stocks are poised to lead the charge: InvestorsHub NewsWire - 9/11/2019 8:30:00 AM
Sector Snapshot - Payment Solutions for the Cannabis Industry InvestorsHub NewsWire - 9/10/2019 9:00:00 AM
Global Payout Continues Progress with Ongoing Audit InvestorsHub NewsWire - 9/10/2019 8:00:00 AM
Viva Las Vegas- Cannabis Industry Continues to Grow In Nevada InvestorsHub NewsWire - 9/9/2019 8:00:00 AM
Cannabis Offshoots: Industry Growth Accelerates Ancillary Needs InvestorsHub NewsWire - 9/5/2019 8:00:00 AM
Accelerating Growth: MTrac Expands Las Vegas Office InvestorsHub NewsWire - 9/5/2019 8:00:00 AM
Merchants Choose MTrac: Processing Reaches Tens of Millions of Dollars in Volume InvestorsHub NewsWire - 9/4/2019 8:00:00 AM
FreddyJ_30   Monday, 01/13/20 07:55:13 PM
Re: theSauceman post# 5802
Post # of 5821 
Maybe nothing...but still, it lives on as long as it is unanswered.

I mean crap, this almost happened a year ago:

Global Payout Inc. Completes Two Year Financial Audit, Plans to File Form 10 by Year End

That is what I find so disappointing in CEO Vanessa Luna's address. The only bit of forward looking information she delivered was:

We are a diverse group of talented individuals that will work diligently to continue to bring in various revenue streams while maintaining key partnerships and expanding to create new ones. Global Payout will take a new form in 2020 as it identifies itself in a variety of strategic market sectors.

It is so vague, we are left to speculate what this will mean for our already depreciated positions as retail investors in the company. What is this "new form" going to be? Will it be related to completed milestones from previous announcements or joint ventures? Or will it just mean new expenses and debt obligations? If Vanessa was ready for primetime, she would have and should have used her letter to shareholders to address any of the following outstanding:

On October 25, 2019, a breach of contract lawsuit was filed in New Jersey, specifically Barry Lefkowitz, David Spector, Carol Gabel, and Sam Spector v. MTrac Tech Corporation and Global Payout, Inc., The lawsuit is in the initial stages and the Company contends that it is without merit, will consider a counter-suit, and will defend it vigorously.

UPDATE: New filings appear to indicate that both parties will settle and is going to arbitration possibly in February. Looks like MGR2 may get around 6 million shares.

Global Payout, Inc. (OTCPink: GOHE) Announces Multi-Million Dollar Financing Agreement at a 10x Valuation

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. Since the launch, upwards of 700 such terminals have been deployed to a variety of merchants operating within this market segment and the Company expects to see this number continue to increase through the duration of 2019 as this specific market sector of the industry expands.

is pleased to announce that the Company has recently developed a new, second revenue source derived from the multi-billion-dollar CBD industry.

pleased to announce the release of its system’s API for the purpose of integration with some of the leading POS companies in the cannabis industry.

Global Payout and GreenBox POS Enter Licensing Agreement to Offer Blockchain Payments to All

Baker Technology, MTrac and SUPERBAD BRAND Join Forces to Implement Accelerated Turn-Key Cannabis Payment Platform

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