QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) Unveils Restructuring Plan
Global Payout, Inc. (OTC: GOHE) today announced that it has reached agreements with Secur Capital Corp. and ISBC Holdings for the return of 149,447,870 shares of common stock. As a part of the company’s restructure initiative, GOHE decided to separate from Secur Capital and ISBC Holdings moving forward, leaving MTrac Tech Corp. as the only wholly owned subsidiary of the company. To further diminish outstanding debt and improve its financial position, the company is working with shareholders regarding the conversion of Promissory Notes. In addition, auditing firm Fruci & Associates continues to work with the GOHE to complete the two-year…