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Global Payout and MTrac Tech Corp Sign JV With Representatives of Management and Government Resources 2, LLC

825 Days ago

SAN DIEGO, Aug. 22, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE  -- Global Payout Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that it has signed a JV Agreement with representatives of Management and Government Resources 2, LLC. (“MGR2, LLC”) to advocate for the adoption of the MTrac solution across City, County and State jurisdictions on the east coast. These representatives have a vast array of resources and the backgrounds necessary to meaningfully engage local governments and to present them a cashless alternative to their current systems. 

Barry E. Lefkowitz is the founder and President of MGR 2, LLC, a national consulting firm in economic development, governmental relations, grassroots organization, advocacy, communications training, political outreach, and grantsmanship. He has testified before State Legislatures and Congress and internationally; developed and successfully guided over 400 Bills through the Legislative and Congressional processes, including NAFTA Treaty I, The Trademark Counterfeiting Act (Federal and State), OSHA, SBA and Limousine legislation, including “Real Interstate Drivers Equity Act” “Highway Reauthorization and Excise Tax Simplification Act of 2004 and Exemption from Sales and Use Tax,” and the creation of UEZ, a third party electric provider.

Carol Gabel has over twenty years of executive management with two State Chambers of Commerce. Ms. Gabel has worked with five Government Administrations and hundreds of legislators and elected officials. She has counseled thousands of businesses on attracting new clients, mitigating their risks, and maximizing their growth potential. As President of Seven Pearls, LLC, Ms. Gabel has successfully navigated local and international businesses through the maze of risk management, including these seven areas: Legal, Accounting, Regulatory Compliance, Insurance, Disaster Recovery, and Security (emphasis on Cyber).  She is an Associate at MGR Management & Government Resources, Inc. lending her government relations expertise on a number of critical issues impacting New Jersey and across the nation.

David Spector, former Councilman in the Borough of Bellmawr, is a graduate of Rutgers University-Camden with a B.A. in Political Science, where he also earned a Master’s Degree in Public Policy & Administration (MPA). David is a graduate of the Eagleton Institute of Politics Fellowship Program, and he previously worked as an aide in the 4th Legislative District on behalf of Senator Fred Madden (D-4), Assemblyman Paul Moriarty (D-4) and Assemblywoman Gabriela Mosquera (D-4), where he spearheaded communications, social media and constituent relations in Gloucester Township, NJ. David also spent time working for Chairmen Donald Norcross (Current Congressman D-1) and James Beach (Current State Senator D-6) on behalf of the Camden County Democratic Committee in Cherry Hill, NJ. He has helped organize and direct political campaigns at all levels of government.

And Mr. Sam Spector, a Strategic Partner offering insights into business development, said: “I was brought up in the business world from a young age. Growing up in a family business you’ll learn the ins and outs, the rights of the wrongs, and the do’s and don’ts.  What’s important is you learn how to network and do business coming from a small family business that has now grown into a multimillion dollar corporation over three generations. My power is buying, sales and marketing, and I hope to lend that expertise to the MTrac Team.”

The MTrac team will work closely with this group of representatives to spread the cashless solution that is the MTrac payment platform across the east coast. The Company will leverage their relationships and expertise to help guide them to a strong presence in the developing east coast market sector.

"The expertise and experience this group can bring to MTrac cannot be overstated,” said Global Payout, CEO Vanessa Luna. “The MTrac platform provides a comprehensive end to end solution for consumers and merchants alike.  Additionally, it offers superior security and compliance features with the ability, through a seamless interface, to allow for multi-use payment options. As long as we have the technology and resources to service the cannabis and any other 'high-cost of banking' industries, we will continue to be a part of the evolution by changing the way we pay in the world we know today. This agreement with MGR, Inc. gives us a strong foothold to a wide range of business opportunities and I am excited to work with this team.”

About Global Payout, Inc. (OTC Pink:GOHE)
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. 

About MTrac Tech Corp. 
MTrac Tech Corporation. a Nevada Corporation is a privately held wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTRAC payment platform offering a full-service solution for alternative banking and electronic financial marketplace with technology offerings including Payment Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions. We are one network disrupting the status quo. It is MTRAC’S creative vision through the use of its innovative technology solution to become the premier service provider offering the “Key to CashlessTM

About Management and Government Resources 2, LLC.
MGR2 LLC is an independent, full-service, bipartisan government relations/public affairs consulting firm specializing in pro-business causes. We execute winning strategies that achieve our clients’ specific needs. By anticipating change and adapting to a newly emergent political landscape, MGR2 LLC assists corporations, associations and other groups take their case to legislators, regulators, and the executive branch. Our team has experience in a wide range of industries and our clients include some well-known U.S. companies, associations and professional organizations.  For more than three decades, we have counseled clients involved in the significant public policy issues facing federal, state and local government.

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 disclosed on the OTC Markets.com website.

Public Relations and Media Contact:
Global Payout
619.930.5522 Office

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