Global Payout, Inc. (OTC: GOHE) this morning announced that it has appointed Stormy Simon as its new strategy officer and board member. Per the update, Simon spent 15 years with e-commerce giant Overstock.com (NASDAQ: OSTK) prior to joining Global Payout, guiding the company through the early stages of its development as it emerged as a nationally recognized e-commerce leader. In July 2016, she made the decision to part ways with Overstock.com to begin exploration into the emerging cannabis market. “After a couple years of self-education within the cannabis industry, including the ancillary businesses that are emerging to support it, I learned that one of the biggest issues that affects almost all of these businesses is the ability to effectively bank your money in an industry that is currently cash dependent,” Simon stated in the news release. “Ironically, Overstock was the first retailer to take Bitcoin and also my first introduction to the blockchain technology that supports it. When I was introduced to MTrac, a blockchain driven technology, I was excited to join Vanessa (Vanessa Luna, MTrac CEO) and her talented team that is working hard to address and solve the cash crisis in cannabis.”
To view the full press release, visit http://cnw.fm/rq83Y
About Global Payout, Inc.
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. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at www.GlobalPayout.com
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