PotNetwork Holding Reports Third Quarter Revenues of $4,444,800.00, Exceeding Second Quarter Results by 29%
November 02 2017 - 8:02AM
InvestorsHub NewsWire
Ft Lauderdale,
FL -- November 02, 2017 -- InvestorsHub NewsWire -- PotNetwork
Holding, Inc. (OTC Pink:
POTN) announced today that its wholly owned
subsidiary, Diamond CBD, Inc., reported third quarter revenues of
nearly 4.5 Million Dollars for the third quarter of fiscal 2017,
realizing a net increase of 29% when compared to the second
quarter’s income of $3,183,161.00.
“We are
very pleased with this quarter’s results and forge ahead into the
fourth quarter with strengthened anticipation once again,”
excitedly stated Chief Executive Officer, Dr. Richard Goulding,
MD.
PotNetwork recently announced that the Company
had retained the auditing services of East West Accounting
Services, LLC, a Public Company Accounting Oversight Board (PCAOB)
registered CPA firm, to provide a methodical review and analysis
for the audited verification of the Company’s recent monthly
reported revenues.
About Diamond CBD
Inc.: Diamond
CBD focuses
on the research, development, and multi-national marketing of
premium hemp extracts that contain a broad range of cannabinoids
and natural hemp derivatives. Diamond CBD’s team consists of
hemp industry pioneers and natural product experts, chemists,
doctors and scientists, dedicated to producing the finest and
purest cannabidiol (CBD)
oils. The result is a robust selection considered among the most
powerful natural CBD
oils, tinctures, edibles, and vape liquids found
anywhere. For more information, please
visit its website at www.DiamondCBD.com.
About PotNetwork Holding
Inc: PotNetwork Holding, Inc. (OTC
Pink: POTN) is a
publicly traded company that acts as a holding company for its
subsidiary, First Capital Venture Co., the owner of Diamond CBD,
Inc., the maker of Diamond CBD oils.
Safe Harbor
Act: Forward-Looking Statements are included
within the meaning of Section 27A of the Securities Act of 1933,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and similar expressions are forward-looking statements and
involve risks, uncertainties and contingencies, many of which are
beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
PotNetwork Holding Inc. Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com