SAN DIEGO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Global Payout, Inc. (USOTCPink:GOHE) ("Global") is pleased to announce that Crypto Cowboy, LLC, of which MoneyTrac Technology, Inc. ("MTRAC", the "Company"), has a 5% stake, has entered into an agreement with Sun Pacific Holding Corp (SPNW) whereby the companies will work in a collaborative effort to build, develop, and manage a private exchange for coin based tokens, along with launching an initial coin offering ("ICO") backed by Sun Pacific's emerging growth opportunities in the energy marketplace.
This agreement bridges the gap between two industries that promise to be mainstays of future economic activity and also sets into motion the development of a foundation that will support the launch of Crypto Cowboys' first private ICO backed by Sun Pacific's "Sun Green Coin."
Said MTRAC CEO, Vanessa Luna: "This agreement between Crypto Cowboy and Sun Pacific is an incredible example of the impact and influence blockchain technology is just beginning to demonstrate across a wide variety of market sectors, and with our partnership with Crypto Cowboys, we are proud to be right in the middle of this exciting revolution. This agreement presents a very unique opportunity for MoneyTrac to play a pivotal role in the development and eventual launch of a private ICO and exchange that will feature the introduction of the "Sun Green Coin."
Said Crypto Cowboy President, Mark Denzin: "This engagement will enable CryptoCowboy to show the flexibility of the exchange services they can offer, and signals to the public that we are looking to engage industries of the future. Sun Pacific Power Holding Corp, is a partner that has a new and developing presence in the energy space that put us in a unique position to capitalize on a entry point in this exciting and developing marketplace."
About Global Payout, Inc. (OTC Pink:GOHE)
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 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, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their 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.
About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.
About CryptoCowboy
Crypto Cowboy is a provider of full service Blockchain development. From Design to Deployment and Support, Crypto Cowboy manages your Blockchain needs. Specializing in asset backed securities, hard asset conversion, ICO and utility tokens, Crypto Cowboy is making your blockchain dreams come true.
About Sun Pacific Holding Corp
Sun Pacific Holding Corp. (OTCQB:SNPW) is a green energy company specializing in solar and waste to energy technologies. With a focus on deploying its subject matter expertise and experience in green energy solutions, Sun Pacific is building a Company that designs, develops, builds, and manages advanced technologies that support renewable energy solutions. For more information, visit www.sunpacificholding.com
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 contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
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