PotNetwork Holdings Inc. is pleased to announce that upon FINRA approval, the Company will officially change its name to SND AUTO GROUP INC. In conjunction with the corporate name change, the Company has also applied for a new symbol, "CARS."
"Over the past quarter we have undergone some changes. As a result, we have developed a highly streamlined business model, and have emerged with a methodology that will strongly reduce overhead and heighten our profit margin. As we have evolved on the automotive front, we believe that it's high time to mobilize toward the establishment of a name and symbol designed to more suitably align with the Company's growing business model," stated Gary Blum, CEO.
This rebranding initiative is a necessary preliminary milestone as the Company evolves. A series of announcements will be forthcoming regarding recent advancement as developments continue.
About PotNetwork Holding Inc: PotNetwork Holding, 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, and Sunrise Auto Mall, Inc.
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.