United Treatment Centers, Inc. (UTRM) DBA PotNetwork.tv Cancels All Preferred C Class Shares
April 30 2014 - 8:45AM
Marketwired
United Treatment Centers, Inc. (UTRM) DBA PotNetwork.tv Cancels All
Preferred C Class Shares
LOS ANGELES, CA--(Marketwired - Apr 30, 2014) - United
Treatment Centers (DBA - PotNetwork.tv) (PINKSHEETS: UTRM) -- Chris
Seminatore, CEO of United Treatment Centers, Inc. DBA
PotNetwork.tv, announced today the cancellation of all Preferred C
class shares. Chris Seminatore stated, "It is in the best
interest of the company and the shareholders to cancel all the
preferred C class shares. This is part of our ongoing process
in providing transparency and increasing shareholder value."
Additionally, web traffic and views of PotNetwork.tv have
surpassed management's expectations. "Traffic to PotNetwork.tv has
greatly exceeded our projections. We now have a foundation for
advertisers and other revenue generation strategies," Chris
Seminatore added.
About United Treatment Centers: United Treatment Centers (DBA -
PotNetwork.tv) will provide daily video updates and analysis of the
marijuana industry. From crop reports to stock reports,
PotNetwork.tv will establish itself as the source for marijuana
news.
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.PotNetwork.tv (858) 537-7439 Email:
jodi@asaustincompany.com
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