SANP dba PODWERKS First Quarter 2017 Financial Results and Corporate Highlights
May 23 2017 - 7:05AM
InvestorsHub NewsWire
DORAL, FL -- May 23, 2017
-- InvestorsHub NewsWire -- Santo Mining Corp. dba PODWERKS
(the "Company"), (OTCBB:SANP) today reported its financial results
for the first quarter ended March 31, 2017, https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=172709.
The Company continues to preform in a positive direction
financially and operationally during this fiscal quarter end of
2017, as it transitioned into the cannabis market with its
workspace campus and pod solutions for cannapreneurs. The
Company has started the manufacturing of the two PODWERKScontainers it
sold last week and expects to ship these PODWERKScontainers no
later then the last week of July of 2017.
Corporate Highlights
The Company has also filed its Information & Disclosure
Statement via the OTCMarkets https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=172710.
The Company is committed in maintaining current status in the
OTCMarkets and will be updating investors of all its corporate
fillings via the OTCMarkets.
The Company has been instrumental in the purchase and refinancing
of the KBM Worldwide Notes by a two private investment
groups. KBM Worldwide will no longer hold any debt in the
Company and the Company is pleased to announce it is debt free of
KBM Worldwide and or any of KBM’s Subsidiaries. The Company
is grateful to KBM for the financial assistance it has given to the
Company in the past.
The Company is currently evaluating property in Urban California
and or Colorado to develop its 1st PODWERKS workspace
campus. The Company has received an offer from a financial
investment firm for the funding of the development of the
1st PODWERKS workspace
campus. The Company will be furnishing more detail in the
weeks to come as it finds the location for this 1st
PODWERKS workspace
campus.
Franjose Yglesias CEO, stated, "We are proud of what we have
accomplished during the last two months since we transitioned into
this exciting cannabis market and the workspace industry. The
opportunities are huge for us and our investors and we are getting
inquires everyday about PODWERKS.”
Additionally Mr. Matt Arnett CCO, stated, “This new position
of Chief Community Officer that I’m developing is key to the growth
of the company as we provide an urban workspace environment for
cannapreneurs. We see the personal grow community growing
exponentially in the months to come, as we position ourselves to be
the first workspace for the cannapreneurs.”
About PODWERKS (www.podwerks.com)
PODWERKS is a
co-working space for cannabis entrepreneurs in the United States,
providing the necessary framework to grow, market, and sell all
cannabis related products. Our aim is to create a sustainable and
community driven workspace by providing an affordable, scalable and
a safe business environment for our tenants. All Podwerks spaces
will feature three types of pods:
1-Growing pods o Nursery, Production and Drying
2-Office Space pods o Desk space, Wi-Fi, printers, copy machines,
meeting rooms
3-Retail Space pods o Coffee Shop, Hardware Supply Shop, Co-op
Shop
PODWERKS spaces will
be located in urban designated zones permitting the commercial
cultivation, and sales of cannabis related products. Each site will
have an average of ten modified steel shipping container pods with
an onsite manager overseeing day-to-day operations. Working with
local and state agencies, Podwerks container pods will comply with
all building code requirements to ensure the safety of our tenants.
Community is an essential part to Podwerks mission of Grow for
Life. PODWERKS tenants can
benefit from a series of social and professional events designed to
foster collaboration and create a strong and expansive community.
Some of these events will include speaker series, investor panels
and local governments outreach, among others.
PODWERKS is a division
of Santo Mining Corp, a publically traded company in the
Over-the-Counter (OTC) market. It currently trades under the
ticker symbol SANP.
Media contacts:
PODWERKS
Mr. Matthew
Arnett
844.420.4203
media@podwerks.com
http://www.podwerks.com/
Forward Looking Statements and
Disclaimer
Statements made in this press release that express the Company or
management's intentions, plans, beliefs, expectations or
predictions of future events, are forward-looking statements. The
words "believe," "expect," "intend," "estimate," "anticipate,"
"will" and similar expressions are intended to further identify
such forward-looking statements, although not all forward-looking
statements contain these identifying words. Those statements are
based on many assumptions and are subject to many known and unknown
risks, uncertainties and other factors that could cause the
Company's actual activities, results or performance to differ
materially from those anticipated or projected in such
forward-looking statements. The Company cannot guarantee future
financial results; levels of activity, performance or achievements
and investors should not place undue reliance on the Company's
forward-looking statements. No information contained in this press
release should be construed as any indication whatsoever of the
Company's future financial performance, future revenues or its
future stock price. The forward-looking statements contained herein
represent the judgment of the Company as of the date of this press
release, and the Company expressly disclaims any intent, obligation
or undertaking to update or revise such forward-looking statements
to reflect any change in the Company's expectations with regard
thereto or any change in events, conditions or circumstances on
which any such statements are based. No information in this press
release should be construed as any indication whatsoever of the
Company's future revenues or results of
operations.
Santo Mining (CE) (USOTC:SANP)
Historical Stock Chart
From Apr 2024 to May 2024
Santo Mining (CE) (USOTC:SANP)
Historical Stock Chart
From May 2023 to May 2024