BALTIMORE, July 1, 2014 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on Global Payout, Inc. (OTCPK – GOHE), a B2B purveyor of electronic payment solutions such as prepaid debit cards and e-wallet solutions tailored to support businesses and organizations of all sizes.
Global Payout's proprietary Consolidated Payment Platform (CPG) and prepaid debit card solutions uniquely serve an estimated $3 trillion market with an easier to use and a lower cost platform providing competitive and comparative advantages. The company's payment solutions allow issuers to distribute funds, and account holders with or without bank accounts to access and use funds; on a worldwide basis, for payroll purposes, vendor payments; rebates and general spend prepaid programs. Plus, these electronic payment platforms can funds to bank accounts, credit cards and debit cards worldwide.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"We raised our target in February based on a flurry of new deals the Company signed in just a matter of weeks. The stock promptly rose to a new peak beyond our target based on new business and stock momentum. Since that time, microcaps have foundered on low volume and GOHE has been no exception, as news flow declined. In our view, the stock appears oversold at current levels and with an expected resurgence in new business, as evidenced by yesterday's news, the stock should soundly recover. The business model is sound and management is in the early innings of the execution phase of that model. As a result, we believe that the current share price offers meaningful upside."
This press release contains excerpts of our most recently published sponsored research update on Global Payout, Inc. Goldman Small Cap Research was compensated in 2012 a total of $12,000 for a research subscription service by a third party. However, GSCR has not been nor does it expect to be compensated for this research update. To view the sponsored research report, disclosures and disclaimers, or to download the report in its entirety, please visit www.goldmanresearch.com.
About Goldman Small Cap Research:
Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
About Global Payout, Inc.:
Global Payout, Inc. (OTCPK – GOHE) is the leading new Program Manager of B2B custom and conventional electronic payment solutions for domestic, international and multinational businesses, organizations and government agencies worldwide. Global Payout uniquely serves an estimated $3 trillion market with a secure, easier to use and lower-cost payment platform giving users competitive and comparative advantages over banks and other payments and remittance providers. The company's proprietary and fraud resistant Consolidated Payment Platform (CPG) solves fund disbursement and payment challenges by giving the user the ability to transfer money, disburse funds or make ACH payments from: corporations, member organizations, governmental and nongovernmental organizations, institutions, faith-based organizations, network marketing companies, unions and administrators of various types of financial aid and entitlement programs such as food stamps, healthcare benefits and academic related payments that need to reach "banked" or "non-banked" individuals, businesses, organizations or government agencies in any World Financial Task Force or OFAC compliant country.
For more information visit: www.globalpayout.com.
Goldman Small Cap Research
Rob Goldman, Analyst
+1-410-609-7100
rob@goldmanresearch.com
SOURCE Goldman Small Cap Research