PotNetwork Holding, Inc. is pleased to announce that based on earlier reported filed financial statements with OTCMarkets, PotNetwork is on track to exceed its projections set forth for 2017. With reported revenues of $5,077,625 for the first 6-months of fiscal 2017, and a net profit of 369,237, the Company concluded the first half of 2017 with a positive net cash flow of $395,009.
When compared to the annual forecast of $8,300,000 set forth earlier this year, management expects that 2017 will conclude with significantly strengthened expectation. SeeThroughEquity recently stated in an earlier Research Report, “The Company has made considerable progress over the last few years . . . .Going forward in FY17, we expect POTN to increase revenues approximately 712% to $8.3 million through new product launches, aggressive marketing initiatives and entry into new markets.”
For details go to: https://www.otcmarkets.com/financialReportViewer?symbol=POTN&id=174795
“We remain steadfast in our efforts to build real value in our Company. The level of acceptance we are experiencing can only be surpassed by our short and long-term vision for growth. As we continue to accelerate in sales performance, we embrace the opportunity to create a real and tangible success which we expect would ultimately be reflected in shareholder value,” stated Gary Blum, Chief Executive Officer, PotNetwork Holding, Incorporated.
About Diamond CBD Inc.: Diamond CBD focuses on the research, development, and multi-national 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, 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 and E-Liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.
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.
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