PotNetwork Holdings, Inc. Releases PCAOB Fully Audited and Reviewed Financial Statements under its Registration As an SEC Rep...
October 16 2018 - 6:00AM
InvestorsHub NewsWire
PotNetwork
Holdings, Inc. Releases PCAOB Fully Audited and Reviewed Financial
Statements under its Registration As an SEC Reporting
Company
Company’s Financial Records are Officially
Verified, Enabling Company Uplisting to
OTCQB
Fort Lauderdale, FL -- October 16, 2018 --
InvestorsHub NewsWire
-- PotNetwork
Holdings, Inc. (OTC Pink:
POTN)
has successfully filed its Form 10 registration
statement with the U.S. Securities and Exchange Commission
(“SEC”), which included independent third party PCAOB (“Public
Company Accounting Oversight Board”) auditor certification of its
financial performance for all of 2017 and verification of its
financial results through the first 6 months of 2018. Going
forward, all such financial information will be PCAOB auditor
verified.
Through submission of the filing, the Company
has voluntarily become subject to the full disclosure requirements
of the SEC for reporting companies, and the Company must have each
quarter’s fiscal performance PCAOB auditor reviewed and its
year-end statements fully audited by a PCAOB member firm. Now
as a reporting company, PotNetwork Holdings, Inc. qualifies for
uplisting to the OTCQB market tier.
The
PCAOB sets the auditing standards for its member firms, and
performs inspections of member firm audits of public companies as
well as broker-dealers in order to protect investors and promote
informative, accurate, and independent audit reports upon which the
public can depend.
About
Diamond CBD, Inc.:
Diamond
CBD focuses on the research,
development, and multinational 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 Holdings, Inc.: PotNetwork Holdings,
Inc. (OTC Pink:
POTN) is a publicly traded company that acts as a holding
company for its principal subsidiaries, First Capital Venture Co.,
the owner of Diamond CBD, Inc., the maker of Diamond CBD
products.
Safe Harbor: 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 Holdings, Inc. Investor Relations:
Marisol Elwell
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