PotNetwork Holdings, Inc., With Sales of Over $10 Million Year-To-Date, Moves Toward Uplisting and Expansion
July 17 2018 - 6:00AM
InvestorsHub NewsWire
PotNetwork Holdings, Inc., With Sales of Over
$10 Million Year-To-Date, Moves Toward Uplisting and
Expansion
Ft Lauderdale,
FL -- July 17, 2018 -- InvestorsHub NewsWire
-- PotNetwork Holdings, Inc. (OTC
Pink: POTN) on July
13th, the Company announced that it had filed a Form 10
registration statement with the Securities and Exchange Commission
(“SEC”) in order to become a fully reporting SEC company. The
filing represents tis first action toward uplisting to the OTCQB.
The Company is also awaiting FINRA approval on its announced name
change to “BioTech Hemp, Inc.”, and related trading symbol
change.
Both the name
and symbol change and the upgrade in the Company’s reporting
status, will not require any of its shareholders to take any
action, as the changes will be automatically implemented by the
market’s trading systems; no exchange of certificates or other
action will be required.
The Company’s
subsidiary, Diamond CBD, Inc., continues to strengthen its position
in the hemp-derived CBD Industry. “Between
recent quality product additions and our reach into other markets
we have been able to achieve over $10 million in
Diamond CBD product sales just during the first five months of
2018, nearly doubling what we had generated in the 1st
half of last year,” stated Richard Goulding, Chief Executive
Officer, PotNetwork Holdings, Inc. He added, “We have an aggressive
growth plan for the remainder of this year, and we believe becoming
a fully reporting company and eventually uplisting will heighten
our visibility as we continue to expand our operations, markets,
product lines and brands. 2018 is a pivot point for
us.”
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 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
Holdings, Inc. Investor Relations: Marisol
Elwell
1-800-915-3060
investor@PotNetworkHolding.com
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