PotNetwork Holdings, Inc. Engages New PCAOB Member Audit Firm For Form 10 Registration Statement Refiling
26 July 2018 - 8:00PM
InvestorsHub NewsWire
PotNetwork Holdings, Inc. Engages New PCAOB Member Audit Firm For
Form 10 Registration Statement
Refiling
Ft Lauderdale,
FL -- July 26, 2018 -- InvestorsHub NewsWire
-- PotNetwork Holdings, Inc. (OTC
Pink: POTN) announced today that the Company has engaged
a new PCAOB-member firm, Manohar, Chowdhry & Associates, to
audit and certify the Company’s financial statements for the
refiling of the Company’s Form 10 Registration Statement with
the Securities and Exchange Commission (“SEC”).
The Company’s
previously filed Form 10 was withdrawn on July 20, after the
Company’s former auditors’ PCAOB registration was revoked and
was not due to any deficiencies with respect to PotNetwork
Holdings, Inc.
The filing of
the Form 10 Registration Statement will lead to the Company
becoming a fully reporting SEC company. The Company will file the
revised Registration Statement in the next few weeks, after the
completion of the new audit by Manohar, Chowdhry & Associates.
Manohar,
Chowdhry & Associates replaces the Company’s prior auditor,
East-West Accounting Services, LLC, of Princeton, Florida, whose
PCAOB registration was revoked as the result of audit deficiencies
that occurred in 2015, unrelated to the
Company.
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: 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
1-800-915-3060
investor@PotNetworkHolding.com
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