PotNetwork Holding, Inc to Retire Over 52% of Issued and Outstanding Common Shares
November 28 2017 - 9:13AM
InvestorsHub NewsWire
Ft Lauderdale,
FL -- November 28, 2017 -- InvestorsHub NewsWire -- PotNetwork
Holding, Inc. (OTC Pink: POTN)
announces the retirement of 300,000,000 common
shares held by principal shareholders. This reduction of over half
the issued and outstanding common shares, will be exchanged
for non-trading preferred shares.
Upon
retirement, this reduction will bring the Company’s current issued
and outstanding common shares of 569,920,485 down to a total of
269,920,485 issued and outstanding common
shares.
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 subsidiaries,
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
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