FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--PotNetwork Holdings, Inc. (OTC:POTN) announced 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 will become effective on Tuesday July 9, 2019. The filing, amended by the Company on July 5, 2019, includes audited financial statements for the years ended December 31, 2018 and December 2017 and unaudited financial statements for the first quarter of 2019.
As a result, the Company will be subject to the periodic reporting requirements of the Securities Exchange Act of 1934, requiring the filing of annual, quarterly and current report filings.
“We are delighted to be setting the stage for the next phase of the Company’s growth and expansion,” said Kevin Hagen, CEO of PotNetwork Holdings, Inc. “It is yet another step forward in what we believe to be a milestone year, 2019, in terms of strategic growth, market presence and record revenues.”
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.