United Treatment Centers, Inc. (OTC PINK: UTRM) is pleased to announce that with shareholder and FINRA approval, the Company has officially changed its name to PotNetwork Holdings Incorporated (OTC PINK: POTN). In conjunction with the corporate name change, the company's common stock will continue trading under the newly appointed ticker symbol "POTN," effective July 24, 2015.
"We are very pleased to be able to more suitably align our name and stock symbol with the nature of PotNetwork's growing footprint in the industry," stated: Steve Buckner, Chief Executive Officer of PotNetwork Holding Incorporated.
This rebranding initiative is the Company's latest achievement in its determination to cleanse the Company of its former condition; an entity lacking in revenues, beset with a stigma of unaccountability, and lack of performance.
Richard Volpe, Chief Executive Officer of PotNetwork Inc. stated: "The world of marijuana has progressed tremendously over the past few decades, and continues to demand more media coverage as the industry evolves. Our name now reveals our niche, and we are pleased to move forward under this new corporate identity."
The Company recently announced that PotNetwork Holdings Inc.'s wholly owned subsidiary, Sunrise Auto Mall, has reported its unaudited quarterly sales performance figures for the second quarter of 2015. Revenues reveal that the dealership has generated record gross sales of $1,902,549.00, indicating that the Company has developed a robust and continuously thriving business model.
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.