PotNetwork Holdings, Inc. Becomes
SEC Reporting
Company Today
FT. LAUDERDALE, FL -- July 9, 2019 --
InvestorsHub NewsWire -- PotNetwork
Holdings, Inc. (OTC:POTN) issued a statement
today that
its Registration Statement
on
Form 10
filed
with the U.S.
Securities and Exchange Commission (SEC) on May 9, 2019 to register its common stock
under the Securities Exchange Act of 1934 becomes effective today, Tuesday July
9,
2019.
As a result, the
Company is now subject to the periodic reporting requirements of
the Securities Exchange Act of 1934, requiring the filing of
annual, quarterly and current report filings in accordance with all federal
law and regulation.
The
Company's
filing, as amended on July 5, 2019,
included audited financial statements
for the years ended December 31, 2018
and December
2017 and unaudited financial statements for
the first quarter of 2019.
"This step
represents a formal commitment to shareholder transparency while at
the same time helping to facilitate the upscaling of the Company,"
"said Kevin Hagen,
CEO of PotNetwork Holdings, Inc. "By voluntarily becoming a
fully reporting SEC company, we believe that we
are
increasing
shareholder value
and significantly increasing the options of the Company
for
expanded long term
growth."
About
PotNetwork Holdings, Inc.:
PotNetwork Holdings, Inc. (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, and
PotNetwork Media Group, Inc., the publisher of PotNetwork News and
PotNetwork Magazine. For more information, please
visit, www.potnetworkholding.com.
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.
1-800-915-3060
investor@PotNetworkHolding.com