United Treatment Centers Finalizes Share Restructuring and Sets Date for New Site Launch
February 26 2014 - 10:35AM
Marketwired
United Treatment Centers Finalizes Share Restructuring and Sets
Date for New Site Launch
United Treatment Centers Finalizing Cancellation of Three
Billion Shares of Common Stock
LOS ANGELES, CA--(Marketwired - Feb 26, 2014) - United
Treatment Centers (DBA - PotNetwork420) (OTC Pink: UTRM), an
internet-based news content provider for the marijuana industry,
has confirmed three billion shares of common stock are in the
process of being returned to the transfer agent for
cancellation.
United Treatment Centers CEO Chris Seminatore stated, "The
surrender of shares from prior management is one of a number of
initiatives we are undertaking to improve the overall capital
structure. Our core focus will be on building shareholder
value as we execute our business model in the upcoming
weeks. We are building an internet-based information hub for
the marijuana industry that will be updated daily through
video. Additionally, we have constructed a business model that
will monetize the resulting traffic."
"Our primary product line will assist individuals with
marijuana-based businesses to be compliant with state and local
laws. We will take the guesswork out of starting a
marijuana-based business so business owners can operate in a safe
and compliant manner."
"Additionally, response to our test site has been overwhelming
and positive. Our targeted launch date for the website and
studios will be March 28th, 2014. We will be live and
operational," Mr. Seminatore added.
About United Treatment Centers:
United Treatment Centers (DBA - PotNetwork420) will provide
daily video updates and analysis of the marijuana
industry. From crop reports to stock reports, PotNetwork420
will establish itself as the source for marijuana
news. Additionally, PotNetwork420 will be an information hub
for entrepreneurs wanting to participate in the marijuana
industry.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual
report.
For additional information: Investor Relations United Treatment
Centers Inc www.potnetwork420.com (858) 537-7439 Email:
Andy@potnetwork420.com
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