Are you watching? GOHE announces major news this morning

Published: Wed, 12/18/19


 

Subscribers,

GOHE is a past trade idea that we think has the potential to bounce big at these levels. Just a few months ago it traded around $0.40, now its just under $0.04.

Here's a quick reminder of what GOHE does...

Global Payout, Inc. (GOHE) has been a leading provider of comprehensive and customized prepaid payment solutions. From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. 

Today, the Company announced news that could be a catalyst to get this bounce started, check it out...

An Industry in Need: MTrac 2020 Successfully Introduced at MJBizCon

SAN DIEGO, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that while in attendance at last week’s Marijuana Business Convention (“MJBizCon”) in Las Vegas that their team had a successful showcase of the new and improved MTrac payment platform set to roll out in early 2020. The MTrac 2020 system, which is currently in its final stages of development and beta testing, will feature a more attractive user interface, improved reporting capabilities and key enhancements to the ledger and its recording and auditing proficiencies. Furthermore, the system will continue to provide users with the most robust and seamless cashless payment processing system available in an industry which remains extremely limited in viable payment processing solutions.

While in attendance at MJBizCon, the MTrac team had the opportunity to meet and connect with a variety of individuals and business owners throughout the industry and discuss with them the challenges that remain present due, in large part, to the absence of a stable banking system.

“It is truly astounding to see how underserved this industry remains from a banking and payment processing perspective despite the powerhouse it has become,” said MTrac EVP David Flores. “However, this simply reinforces the unique and significant opportunity that exists for those of us who are willing to carefully navigate the inherent complexities and challenges that are associated with operating in this particular sector of the industry. In speaking with several different industry professionals at the convention, the most common word used to describe this sector was “volatile,” due to the constant restrictions and changes it is subjected to from a regulatory standpoint. In my opinion this is why we have witnessed multiple solutions in this sector come and go since we last attended this event in 2018. The MTrac 2020 platform will represent another step forward in our evolution and represents the culmination of the experience we have cultivated attempting to solve this problem for the Cannabis industry. We have met many of the challenges that have derailed other companies and have managed to navigate them. We will come into 2020 stronger than ever and ready to deploy what we believe to be the most stable and user-friendly system available to this market to date.”

https://finance.yahoo.com/news/industry-mtrac-2020-successfully-introduced-130010465.html


 

All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
-------------------------------------------------------------------------------------------------------- 

Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

Disclaimer
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. SmallCapMomo.com is the property of Alpha Stock Media. SmallCapMomo.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein.  Instead SmallCapMomo.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. SmallCapMomo.com does not offer such advice or analysis, and SmallCapMomo.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, SmallCapMomo.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, SmallCapMomo.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents have not completed any due diligence or research on the companies advertised herein and disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. SmallCapMomo.com is not responsible for any claims made by the companies advertised herein. SmallCapMomo.com may receive compensation and they, its employees and/or affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in SmallCapMomo.com statements and opinions and such statements and opinions cannot be considered independent. SmallCapMomo.com reserves the right to buy and sell shares of the profiled company on the open market before, during or after the release of the company profile. In such an event, SmallCapMomo.com will not update its disclaimer to reflect any shares bought or sold on the open market during the profile coverage. SmallCapMomo.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to close positions they have entered into at any given time including before or after the release of the companies profile. Alpha Stock Media has been compensated one hundred dollars via electronic transfer from a non-affiliated third party for the profile of GOHE. SmallCapMomo.com does not accept compensation in restricted or free-trading shares for its marketing services of the company being profiled. However the third party that has compensated SmallCapMomo.com may hold free-trading shares of the company being profiled and could very well be selling shares of the company’s stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.  If SmallCapMomo.com ever does accept compensation in the form of restricted or free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the position of those free trading shares received as compensation for our services at the time our promotional material is released to the public, as well as information on our intention to sell these shares during the promotional period or thereafter.