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PotNetwork Holdings, Inc. Files Form 10 to Become Fully Reporting SEC Company
FT. LAUDERDALE, Fla., July 16, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE—PotNetwork Holdings, Inc. (OTC Pink:POTN) announced today that the Company has filed a registration statement on Form 10 with the Securities and Exchange Commission (SEC), to become a fully reporting SEC company. This follows the announcement on June 27, 2018, that the Company was changing its name from PotNetwork Holdings, Inc. to “BioTech Hemp, Inc.”, signaling a broader brand positioning and strategic focus.
These actions are fundamental to the Company’s goal of heightened transparency for its investors and are expected to bring the Company greater visibility and credibility before global financial markets and investors. The Company also intends to uplist to the OTCQB.
With over $10 million in sales of its Diamond CBD products during the first five months of 2018 compared to sales of $5,077,625 during the first six months of 2017, the Company continues to strengthen its position in the hemp-derived CBD Industry.
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