Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it is currently in the process of completing its financial audit in preparation for the filing of Form 10-K, which the company expects will be completed within the next 60 days. “We are very pleased to have kicked-off the very important process of completing our audit and are optimistic in our ability to complete it within the next 60 days so that we enter a fully reporting status,” James Hancock, CEO of Global Payout, stated in the news release. “By becoming fully reporting, we are increasing our transparency and demonstrating to both our existing shareholders as well as the investment community our commitment to doing things the right way. This should also place our Company in a more favorable position to facilitate the growth and expansion of the financial technology solutions available through both Global Payout and its majority owned subsidiary, MoneyTrac Technology, Inc.” Global Payout anticipates that these efforts will both improve its visibility in the investment community and provide an opportunity to list its securities on the OTCQB or OTCQX quotation platform.
To view the full press release, visit http://dtn.fm/TnI49
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About Global Payout, Inc.
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global Payout introduced its first online payment platform, called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state-of-the-art FINTECH payment system in 2017, designed for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global Payout will continue to offer its FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments. For more information, visit www.GlobalPayout.com
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